Showing posts with label Federal Reserve. Show all posts
Showing posts with label Federal Reserve. Show all posts

Monday, March 29, 2010

Political Spectrum


This video on YouTube gives an excellent description of the political spectrum. But I wonder what would happen if we took it one step further.

What if we consider that nature abhors a vaccuum? I've long believed that zero government is impossible because in the absence of some sort of organization, someone or something would step in to take charge. Now, consider a 'slow leak'in our political vacuum. I propose that, from any position on that spectrum, there is a natural tendency to the left or Total Government. Only thru constant maintenance of a particular position is it possible to stay in one place on the line. A war or natural disaster may cause a collapse resulting in zero government, but that won't last long, and the natural tendency would be to Total Government almost immediately.

People have a natural desire to control their environment. Since their environment usually consists of other people, the only way to fully control the environment is to control the other people in it. But... the other people don't want to be controlled! So, the best way to get that control is to make those people believe that they are not being controlled, but being 'protected'. This will lull them into a false sense of security and safety making them believe that there new 'leader' is a 'nice guy' when really he's quite ruthless and is just keeping that quiet until the control is in place.

In the case of what's happening today, we are being taken over by a Plutarchy, Oligarchy (government by a small group) combined with Plutocracy, (rule by the wealthy), in other words... Bankers (hence the creation of the Federal Reserve which allowed the theft of money from the people). This sort of government is, by neccesity and design, a Total Government. It does not allow for personal freedom or checks and balances between government entities, because that lessens control. That is why our founding fathers put those things in place in our Republic - To lessen control of the central government as compared to the sovreign individual.

Like the frog in the pot of slowly heating water, we have been lulled into that sense of security and safety. We have had our republic slowly drawn out from under us. Are we now powerless to climb out of the pot? To stop the takeover? The only way to really overcome the takover of a society is by violence. King George III did not just surrender his control over the colonies, he fought to keep that control - and lost. But the colonists could have just as easily been on the losing side and would be considered traitors today.

Those colonists took bravery to a new level. I wonder if there are any alive today who would brave the gallows to attempt to win freedom. There are those who've told me "I haven't lost any rights that I miss", as if there's an acceptable level of slavery that they will accept. The trouble with that is that once the violation of rights begins, it's quite a slippery slope to the absence of rights entirely. Even now, I believe *all* of our rights have been converted into 'priveleges'. We can speak as we please - from 'Free Speech Zones' (an Orwellian concept if I ever heard one). We can worship as we please - as long as it pleases the powers that be. We no longer have a privacy protection in place, the 4th amendment is regularly ignored as we must submit to it's violation in order to travel or enter any government building. We torture in order to overcome those wishing to excercise their 5th amendment rights against self incrimination. We no longer require a trial, or legal representation during that 'enhanced questioning' (obviously).

When will the revolution take place? Probably never. Since it is happening worldwide, there is no 'Cavalry' to come riding in to save us. No ally to assist with additional money, arms or military assistance. Our submission is assured. Our slavery is cast. But that doesn't mean we can't rebel on a personal level. Fight back just in case I'm wrong. Maybe it's not too late... maybe we can overcome the lords. What have we to lose, anyway? A life of slavery? Who will stand and say with sincerity "Give Me Liberty or Give Me Death?"

Thursday, April 30, 2009

The Federal Reserve Monopoly over Money

http://www.house.gov/paul/tst/tst2007/tst040907.htm

The following is an article written by Dr. Ron Paul:

April 9,  2007 

Recently I had the opportunity to question Federal Reserve Chairman Ben Bernanke when he appeared before the congressional Joint Economic committee.  The topic that morning was the state of the American economy, and many of my colleagues raised questions about how the Fed might better "regulate" things to ease fears of an economic downturn.  The tenor of my colleagues' questions suggested that Mr. Bernanke's job is nothing less than to run the U.S. economy, like some kind of Soviet central planner.

Certainly it’s true that Mr. Bernanke can drastically affect the economy at the drop of a hat, simply by making decisions about the money supply and interest rates.  But why do members of Congress assume this is good?  Why do we accept without objection that a small group of people on the Federal Reserve Board wields so much power over our economic well-being?  Is centralized, monopoly control over our money even compatible with a supposedly free-market economy?

Few Americans give much thought to the Federal Reserve System or monetary policy in general.  But even as they strive to earn a living, and hopefully save or invest for the future, Congress and the Federal Reserve Bank are working insidiously against them.  Day by day, every dollar you have is being devalued.

The greatest threat facing America today is not terrorism, or foreign economic competition, or illegal immigration.  The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation.  It is this one-two punch-- Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference-- that threatens to impoverish us by further destroying the value of our dollars.

The Fed’s inflationary policies hurt older people the most.  Older people generally rely on fixed incomes from pensions and Social Security, along with their savings.  Inflation destroys the buying power of their fixed incomes, while low interest rates reduce any income from savings.  So while Fed policies encourage younger people to overborrow because interest rates are so low, they also punish thrifty older people who saved for retirement.

The financial press sometimes criticizes Federal Reserve policy, but the validity of the fiat system itself is never challenged.  Both political parties want the Fed to print more money, either to support social spending or military adventurism.  Politicians want the printing presses to run faster and create more credit, so that the economy will be healed like magic- or so they believe.

Fiat dollars allow us to live beyond our means, but only for so long.  History shows that when the destruction of monetary value becomes rampant, nearly everyone suffers and the economic and political structure becomes unstable. Spendthrift politicians may love a system that generates more and more money for their special interest projects, but the rest of us have good reason to be concerned about our monetary system and the future value of our dollars.