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Paper Bondage or Free Competition in Currency?

Posted Apr 24 2008 12:00am

Headline: Authorities lose patience with collapsing dollar - Soros said that "...the financial crisis is leading to a flight from all paper currencies, causing a dash for gold, silver, and oil futures."

Yes, but from where did the crisis originate? The Federal Reserve Act of 1913 , to be precise. While the rest of Congress scratches their collectivist heads, Ron Paul corners Fed chief on rates .

"At a congressional hearing this month Fed chairman Bernanke was forced to make an admission by Ron Paul to the shocking extent to which central banking rate decisions are a little more than guesswork."

Gee, that sounds a lot like the way government welfare scientists create the annual flu shot. Democratically elected guesses. Hooray for democracy!

Most of government operates on guesswork. I might even go so far as to posit that government IS guesswork, except that you do not have to guess that the bureaucratic oligarchy will abuse its power as long as the end result of that abuse is more power.

Certainty of this kind requires only a working knowledge of world history, something sorely lacking among Americans educated in public schools.

Yes, we may have been required to remember dates, times and places, but not in any context that would assist us to see "cause and effect" in action. This nefarious indoctrination technique purposefully shields us from karmic reality, thereby creating an illusion whereby there is no consequence to any action.

From where do we learn that theft is not a violation of one of the Ten Commandments? Government. The last time I looked, the tablets did not contain an exception to the rule of Thou Shall Not "except if you are in government."

On Congressman Ron Paul's desk, there is a paper weight with the words:

"Don't steal. The government hates competition."
Theft has been institutionalized to "high crime and misdemeanor" levels ever since the very private Federal Reserve System came into effect in the early 20th Century. A cure for what ails us? I defer back to the good doctor:

"Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy… Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. It is time for Congress to put the interests of the American people ahead of
the special interests and their own appetite for big government."
- Abolish the Federal Reserve

At the very least we could legalize competition. How? See the Free Competition in Currency Act and then get your congressional representative to sign on. This is a more than reasonable option, because if you love the Fed, you get to keep it too.

It's question time

  • Do you think that having China finance the United States of America is good for US and our posterity? Go ahead, try and make a cogent argument.
  • How will you feed your kids when the fiat paper dollar collapses?
  • Will you wait on your rooftop like Katrina victims for the FEMA Feds to rescue you?
  • What would the Framers of our Constitution do?
  • Did they wait for England's permission to declare their INDEPENDENCE?

Will you wait for their permission to DECLARE yours?

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