Sound Money

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Henry Ford once said, “It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

Are you confused by all the talk about monetary policy, fiat money and inflation? You’re not alone. Bankers and politicians have worked hand in hand for many decades to obscure their activities from the public. They hide behind elaborate structures designed to inflate the money supply while creating the false impression that they are looking out for our best interests.

Inflation is a very simple concept to understand: More money = less value. It may seem contradictory but it’s very straightforward.

For illustration purposes, join me on a brief journey of the imagination. One beautiful morning, you wake up and realize that you own twice as much cash as you had just last night. Magic money elves entered your home and bank account and simply doubled your entire cash assets. You’re now twice as wealthy (or half as poor as the case may be).

But you soon realize that the same thing happened to everyone else in the country. The money supply (total amount of money) has doubled! It’s just a one-time event and your regular income remains the same… you just got lucky this one time. It’s okay to dream, so stay with me.

What happens next? If you’re like most people, you probably start spending. You buy things you always wanted to buy but couldn’t afford. You pay back some debts. You buy stocks. In other words, you put the new money into circulation. So do most other people in the country.

Demand for many products increases because a lot more people can afford them now. Consumers are buying so much stuff that some shortages occur. To protect themselves against these shortages, shops and businesses decide to increase their prices. They know that once prices go up, fewer people will be competing to buy the same products, and the situation will be back to normal.

As a side effect of these higher prices, shop owners start earning higher profits than usual. They have more money in their bank accounts, which allows them to increase their spending. They will invest in new stock or expand their business. They might pay out dividends to their investors and bonuses to their employees, allowing these people to buy more products as well. This additional demand puts even more pressure on other shops to increase their prices.

A few months later, prices of almost everything have gone up. Suppliers and manufacturers are faced with the same threat of too much sudden demand from their clients so they too decide to start charging more.

You went on a one-time buying spree and look what happened! Your income stayed the same, but after a few weeks you can suddenly no longer afford the products you used to buy all the time because all prices in the economy have gone up.

Naturally, you demand a higher salary from your employer. If you’re self-employed or in business, you have to charge your customers more money just so that you can maintain your standard of living. Everyone else is in the same situation. Higher prices keep spreading throughout the entire economy, and it’s getting more and more difficult to make a living.

Can you see how this lucky one-time incident which at first seemed so exciting was extremely harmful not just for you but for the entire country? You briefly had a good time but now you’re worse off than before. In our story there are now twice as many dollars in circulation, but your income remains the same and each dollar you earn is worth only about half as much as it used to be. You’re really hoping for those money elves to come back.

As a matter of fact, some people, companies and banks have managed to develop an inside connection to the “money elves”, allowing them to receive new money into their bank accounts whenever they want to. The money is officially a loan (credit), but they know they never have to pay it back… they just “roll it over”, i.e. take up even more debt. With all that easy money in their accounts, and after hearing on TV that stocks only go up and that real estate prices will continue to rise forever, they tend to get a bit lightheaded and start making bad investment decisions. They know that if anything happens to their investments they will be bailed out by the government, so they do not hesitate to take huge risks with their new found “wealth”.

Let’s stop dreaming and look at the reality of things. What if I told you that these “money elves” do exist and that they spring into action not just once in a lifetime, but every couple of weeks? And that they repeatedly give money to their closest friends, but not to you? That prices are going up because the total amount of money in circulation increases, but that you’re missing out on all the fun?

Well, that’s inflation at work. Who benefits from inflation? Only those who are at the top of the pyramid and receive all that new money directly from the source. As you might have guessed by now, the source is the Federal Reserve, and its recipients include the government which “borrows” a lot of new money each year, without any intention of ever paying it back. Another beneficiary these days are failed banks that are being “bailed out” for the good of the “economy”, or defense contractors that receive money to build up our military so we can have a constant presence all over the world and fight never-ending and unnecessary wars. There was even a huge number of small-time beneficiaries who received consumer loans and sub-prime mortgages they would never be able to pay back.

What, then, is fiat money? It’s exactly what we just talked about: money that can be inflated or increased at the push of a button at the say-so of a powerful person or organization. Nowadays most dollars are just blimps on a computer screen and it’s extremely easy for the Federal Reserve to create money out of thin air whenever they want to.

If our money were backed by gold and silver, people couldn’t just sit in some fancy building and push a button to create new money. They would have to engage in honest trade with another party that already has some gold in their possession. Alternatively, they would have to risk their lives and assets to find a suitable spot to build a gold mine, then get dirty and sweaty and actually dig up the gold. Not something I can imagine our “money elves” at the Fed getting down to whenever they feel like playing God with the economy.

As you can see, inflation and fiat money are very seductive and beneficial to those at the top, and very dangerous to everyone else and the nation as a whole. That’s exactly what Henry Ford was talking about. He knew that every country that relies too much on fiat money is ruined sooner rather than later.

There is only one possible solution to the inflation problem: Stop creating money out of thin air. But we’re already in such a mess that the only way to have a real impact on the money supply is to increase interest rates so that people pay back their loans and borrow less money from the banks, which decreases the amount of money in circulation. However, higher interest rates might very well crash the economy. So the Fed’s current “solution” to overcoming inflation is… creating even more of it.

Fiat money is a dangerous addiction. Even if the Fed found a way to stop inflation, as long as the current system persists the temptation will always be there to resume pushing the easy money button. That’s why we need to get back on the gold standard and eliminate the Federal Reserve altogether.

But that won’t happen “before tomorrow morning”, as Henry Ford said, or even this year. Ron Paul believes that the first step towards monetary freedom is to allow open competition in currencies. Once gold and silver are allowed as legal tender and can be sold without sales tax, everyone can use them to store their wealth and to pay for the things they want to buy. The Federal Reserve will finally have a very compelling motivation to stay honest and maintain the value of the dollar because if they don’t, they will simply lose all their customers.

Ron Paul has been an advocate of the gold standard and open competition in currencies for many years. He is the Federal Reserve’s most outspoken opponent in Congress and has frequently questioned Alan Greenspan and Ben Bernanke about the Fed’s actions.

Join the Ron Paul Revolution and help us put the Fed where it belongs: into the history books and out of our financial lives.

More Information

Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, the Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates.

Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary new film is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority.

In this 1988 interview, Ron Paul talks about money, banking and the Federal Reserve, and predicts the current financial crisis.

Show: American Power Structure
Date: August 1988

Here’s an amazing introduction to the history of the US dollar:

1,258 responses to “Sound Money”

  1. Alviec

    Ever wondered who owns the Federal Reserve?
    Nobody.
    An interesting article is published at my site.
    http://www.scribd.com/doc/36691698/Who-Owns-the-Federal-Reserve

    Share with your firends.

    Like or Dislike: Thumb up 1 Thumb down 1

    1. David

      Yup and each and every one of them a Bank and although there are many they each have a single common purpose, method and objective and contribute absolutely nothing in return for what they take. Not one single mention of the American people whom the currency supposedly exists to serve, nor one single mention of the United States Government, whom the people supposedly elect to provide such essential public commodities in order to serve them.

      “Let me issue and control a nation’s money supply, and I care not who makes its laws.”
      (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)

      Get rid of them, restore our currency, economy and our government to ourselves and then we can make our own laws and have the ability to create our own prosperity. Is a simple solution and the only solution as well.

      http://www.ronpaul.com/on-the-issues/fiat-money-inflation-federal-reserve/comment-page-21/#comment-126876

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  2. Citizen

    What IF we returned to a Gold Standard?
    There would have to be a MASSIVE DEVALUATION of our currency.

    Using the estimated 147 Million ounces of gold in our US Vaults and converting them to cover the current estimated M2 Money Base (cash & demand deposits)

    A Devaluation of the Fed Reserve Notes FRN would likely result in
    1 FRN = $0.00086 Gold Treasury Dollar GTD thereby the Avg US

    House of 235,300 FRN would drop to 10,063 GTD
    Car of 22,350 FRN would drop to 955 GTD
    China Debt 739BILLION FRN drops to 632 Million GTD
    Japan Debt 634BILLION FRN drops to 543 Million GTD

    But more importantly,
    We Libertarians
    would eliminate the FED, the principal reason of having to DEVALUE the Currency, thereby eliminating the source of the Government COUNTERFEITING operations.

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  3. Citizen

    I’m intrigued by the TROLLS who appear occasionally on this site and generally leave a few insults, “jew”, “ronulans”, “mercantilists” or much worse. But they never have any REAL facts to justify their positions. We’ve pretty much established that they are National Socialist who and Big Gov Statists convinced the Government is the answer to every problem.

    But I love you supports of Ron Paul, you are the few who recognize a True Leader, a man of Integrity and a Consistent political standard.

    While Dr. Paul will be 77 in 2012 and I would rally for his place at the TOP of the GOP TICKET, it’s a LONG SHOT that WE can get the Repubs to be so bold as to make Dr. Paul the LEAD on the TICKET.

    NEVER THE LESS…. Ron Paul for 2012 or until he passes the baton to another of his caliber.
    God Bless Ron Paul

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    1. David

      Hi Citizen;

      Yeah, its amazing how each and every one of the excuses the little trolls use in order to try and justify big government and power and control over the people is simply a result by the unnecessary poverty, hardship and taxation created by their banking system who consume 5/6ths of our productive effort and have now consumed the last of the currency in circulation in order to shut down the last 1/6th of that productive effort altogether.

      As far as i’m concerned we only need government to do one simple thing, maintain the very few public services which we all need in order to function together as a society. First and foremost among these is to fulfill their constitutional obligation to provide and manage a public currency which we all need to trade with each other and do so for our benefit and ours alone. We need them to maintain our system of roadways and other public transit facilities in order to facilitate the transportation of ourselves and the useful things we create for each other. We need them to maintain a rudimentary justice system. I suppose that some would say we need them to maintain our military and defend our country, but i think this would be much better accomplished by simply putting the second amendment of our constitution into effect in its intended form, Swiss style, where the citizens themselves were the military, all of them. Would mean completely dis-involving ourselves in the affairs of other countries, but we should do that anyway and our defense would be absolutely invincible. Aside from this, i can’t think of a single other thing which i need any form of government to do and necessary Government, is in and of itself, a very small and simple thing, provided they simply do the single and only thing necessary to make it so which they have abrogated to the Banks who make them big so they can establish the power which any parasite who consumes and produces nothing needs in order to sustain itself.

      Seems like a simple thing to me, destroy the parasites who need to establish ever more power to maintain their existence, restore America to serve its Citizens who maintain themselves by doing something useful and don’t need any form of power to do so and all other problems go away.

      Just as you say, not a single one of the little trolls, has presented one single argument as to how any of what they propose can possibly be of any benefit to anyone but their precious banks and big governments ? I’ve presented hundreds of such arguments myself, as have you and many others on here as well, but the only ones who have are those of us who oppose the power they worship and wish to establish. There simply are no facts, nor any form of sense, reason, or logic which can possibly justify their positions and thus they simply have none to present.

      Bottom line, the American population is the single and only population in the world who has figured out the culprits behind the creation of big government before the power had been established to prevent them from doing something about it and they will be acting en masse and very soon to destroy that power that would create it, as they have simply had enough. They have made me very proud of them once before and i expect they are about to do so again.

      Ron Paul is no longer a long shot for 2012 and i expect that we are going to see a massive upheaval of the current power structure by then as well, along with a chance to elect an entire senate and congress of others like him. Watch what happens over the next 6 months.

      As you say God bless Ron Paul, and all others like him.

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  4. Citizen

    Fellow Americans
    This blog topic must have the record for most entries on a single subject, “Sound Money”

    I’ve read several and concluded that there are too many “rabbit trails” and conspiracy theories of evil empires. I’m almost afraid to look up outside for fear of seeing a “Death Star” hovering and ready to strike.

    While some of these theories may have merit, the bottom line is that we need to get back to the fundamentals of Sound Money.
    To Include:
    1. Ending the Fed
    2. Minting gold and silver Constitutional currencies again
    3. Prohibit Fractional Reserve Banking schemes by private and public banks

    Then and only then is it possible to remove the chains of corrupt monetary policy.

    Like or Dislike: Thumb up 3 Thumb down 0

    1. James McGuire

      Advancements in science brought forward the computer and the electronic databases required to allow the paper frauds of history to move into the 20th and 21st century. Frauds requiring days, weeks or months in the past are now executed in nanoseconds.

      There is not enough precious metal in the world to cover the “precious inflated monies” that the financial institutions have created. The gold standard limited the greed and by going off the gold standard allowed the banks of the world to create and perpetrate an even greater electronic fraud upon the people of the world.

      This author has an issue with lobbyist for corporate America. Nearly every day in some news article you can read where lobbyists are sent to Washington to protect corporate America’s interests. Very clear here, those lobbyists are not there representing the people. Corporate America has the funds to send lobbyist to Washington for private consultation with law makers but for a citizen to request a private meeting with the lawmaker they elected, too busy, in Washington, etc. But, the lawmakers have time for a “Dear Constituent” communique, well worded to provide illusion that the lawmaker is working for the people.

      One needs to ask, are our lawmakers listening to the voices of the people or that of the banks and corporate America. In today’s world of technology and communication beyond that of mainstream media, “the people know”. So, if there is any doubt in the lawmaker, November is closing upon us fast, vote.

      Jackson Hole, Wyoming, a “Close Encounter?”

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    2. David

      HI Citizen;

      Well, i would agree with this, with a couple of provisions.

      In regards to # 2. As long as the currency can exist simply and only to facilitate useful trade for the populations benefit and serve to promote and maximize useful production instead of restricting that because of the supply of currency, fantastic. If gold and silver can be made to do this then the objective is accomplished.

      In regards to # 3. Yes simply eliminating the concept of fractional reserve banking would go along way to eliminating the power which Banks have established over our currency and political system. This was invented by the goldsmiths well over 1000 years ago where they would loan out notes for 10 X the gold reserves they had and collect back real gold in return for their paper and this is banking and banking is fraud. I would argue that since the currency needs to be a public asset, which you agree is the responsibility of congress to create / provide, that the public should be entitled to any and all profits from the currency itself, so why not simply let congress and or state and local governments issue loans of the currency and fund their operations on the interest as Franklin and the colonies did, thus creating a tax free or at least nearly tax free economy in the process.

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      1. Citizen

        David,
        My three proposals are proposed limits on a system gone mad with self interests.
        #2 It has been argued that Gold and Silver have become so scarce that there could be no “practical” exchange ratio to convert the existing monetary base into, short of an ounce of gold being worth 20,000+ Fed Res Notes. Intuitively I suspect that this might be true, not because a hard asset isn’t a good idea, but rather that the two precious metals, gold and silver, haven’t been vigorously mined to keep up with the demand for use as currency. In deed it may be that only Copper is in sufficient supply to act as currency, ergo an ounce of copper might REALLY be WORTH 5 Fed Res Notes, instead of only $3.39 per lb, given the FED’s massive counterfeiting operations.

        #3 The gold smiths during the Renaissance originated fractional reserves banking but their ability to float that artificial credit was precarious and it was self limiting by virtue of its geographical arena. Not so with modern “cyber” currencies. Once governments liaisoned with private banksters, there were no restraints and the debauchery massive and unrestrained at the citizen’s sole expense.
        Solution,
        Demand Deposits = 100% reserves, preventing banks from making high risk investments with unsuspecting depositor’s money.
        However Savings Deposits = Risk / Reward Managed Returns. Where Saver’s engage in risk /reward ventures with banks managing the pools of Capital Accumulation. Thereby the rewards could be matched to the risk tolerance of the Savers. Thereby Savings become Fractional Reserve expansion with “private” and not public trust currency, thus localizing the risk and reducing the default impacts.

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    3. David

      I guess the only other provision to this is that we have to have the horse in front of the cart. In order to eliminate the corrupt monetary policy, we the people will have to through mass public action eliminate the power of the banks to corrupt it and to corrupt our political and election processes in their interests as well.

      It should not be so, but the simple fact is that this is a matter of creating more fear in our representatives of the American people than they have of the banks so that they will act in our interests to eliminate it. Hence the purpose of the declaration and demand i’ve posted. If enough people participate at this point it will and then we will have it. Until then regardless of how much popular support Ron Paul or any other representative who would act in our interests might have, we simply wont get a chance to vote for them, with the last presidential election being the example. We need to take control of the system first so that we can.

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      1. Citizen

        David,
        Sadly our political system has become a “self serving” special interests. Big Business Cartels support the Republicans while Big Labor Unions support the Democrats. And NO ONE support the middle calls.

        Libertarians are for the “Common Man” and Ron Paul is just such a common man Advocate-Leader. But I am depressed that Dr. Paul will likely remain the “voice crying in the wilderness” because his cry for Freedom isn’t loud enough to make a difference in this bi-polarized political arena.

        We Free Thinking Libertarians KNOW what is right, so keep on carrying the torch of truth and maybe one day, sanity will yet prevail

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        1. David

          Hi Citizen;

          Yeah, were both understanding the problem and agreeing on what needs to be done about it too which is simply return the American political system and economy to the service of the American people. We may have different views of what the ideal form of currency might be, but as long as whatever we use can exist for our benefit and to maximize our useful production and prosperity then its served its purpose and i think we’ll both be happy. I’m also happy with your idea of tolerating private investment banks/firms, as long as the primary control, issue and loan of the currency is in the hands of the population. As long as they and their clients are the ones taking the risks to generate profits with their own money and it is restricted to this, it shouldn’t pose a threat of any form of power being established over the public means of exchange so we should be fine there.

          I really do think per discussions between Jim and myself and the demand and declaration which i posted and he motivated, that we have the means within our hands right now to start this process if enough people participate in the effort.

          http://www.ronpaul.com/on-the-issues/fiat-money-inflation-federal-reserve/comment-page-21/#comment-126876

          The bottom line here is that were dealing primarily with corrupt politicians, who are simply motivated by greed and power and are hence serving the banks, cartels and special interests who helped put them in power for this purpose. Those who are not corrupt have been for the most part bullied into complying with the current power as they can’t see any alternative to this.

          Per the discussion between Jim and myself i think you will see this working too:

          http://www.ronpaul.com/on-the-issues/fiat-money-inflation-federal-reserve/comment-page-20/#comment-126336

          If we can simply get this thing circulating among the public so they can participate in the effort to the extent where both the senate and congress are being flooded with tens of millions of these demands/declarations over the next 6 months it will sufficiently exacerbate the already existing fear of the population in the corrupt politicians and instill enough courage in the ones who are not, to begin acting in our interests. Also note what i stated about something like this giving Ron Paul the leverage to finally force a full and immediate audit of the Federal Reserve.

          Anyway, i’m seeing some really good hope here and i think this is the means to it. I’m guessing that its in the hands of about a million people at this point because of my ex wife alone and i have several other friends engaging in a massive effort to get this into distribution through several organizations they belong to (geometric progressions are wonderful) If we can get a hundred or more people on here participating in the effort as well then before too long the entire population will have been exposed to it and have had a chance to act on it. If so, we are going to see a massive upset in our favor in the November elections and i expect that in 2012 we will be electing Ron Paul as our president as the initial straw polls in the previous already indicated that he was whom the people wanted and their hatred of the banks and the current establishment has been multiplied x 10 since.

          He’ll have my vote and yours as well and if we the people act on this i’d bet money that we’ll both have a chance to vote for him too.

          Hehehehehe, i’m an old German and we are the most stubborn people on the planet and generally don’t give up until we’ve come up with a solution. I know this will work if everyone does their part, so its contingent on the people making it happen and if so then sanity will prevail. Not one day, but now, when we need it to.

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  5. Christine

    Lyndon LaRouche explains start of WW III
    http://www.youtube.com/watch?v=gbuoH1g_jYw

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    1. David

      Yup, and within days of the end of the Revolutionary War, Alexander Hamilton got himself made secretary of the treasury, signed over our currency and economy to the British banks and we were once again their colony and have been so ever since.

      Its about bloody time we got ourselves free of the “Evil Empire” and the Rothschild family that owns it. We need to declare our independence and mean it this time.

      Good video Christine, says it like it is.

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    2. Ross

      Christine my criticism of La Rouche is that he is always blaming the British empire .They are only part of the problem.The neo-cons in Europe, Britian ,USA, Canada, Australia and Isreal are all part to the problem. This born to rule mentality has never left them.

      La Rouche does have some good solutions and did pick the disater of the GFC but he needs to change this image of a self rightious revolutionary on his white steed who is going to revolutionaise the planet.A bit of Ron Paul subtelty would help his cause greatly.

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      1. David

        Yeah, you do have a point Ross and he should differentiate and i should have differentiated better in my previous as well. It’s the Rothschild banking dynasty which owns Britain lock stock and barrel that bears the blame and which was responsible for corrupting the economic system here in the US as well and not the people of Britain. I guess the question is since there is an empire, formerly an overt empire of military conquest and currently a subversive empire of economic conquest who’s empire is the British empire ?. Only one name comes to mind and its not her majesty the Queen.

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  6. Christine

    See what the cartel does to our medical system and how they think that is ill affecting your life. Rockefellers figure prominently …in how money buys them everything and corrupts everything. Some day we will not rely on money…for the love of money surfaces and either corrupts otherwise good people or interferes in the work of good people, our freedom to life, liberty and the pursuit of happiness. If we do what we do from a center of love, where there is no payoff to do ill towards others, corruption is not possible, then only good spreads. The elite count on our addiction to money and our belief that it is actually worth something, and only can be called elite when we think having an abundance of money constitutes being “elite” rather than a heart full of love for all life. These little sheets of green paper, well, that’s all they are. An alien to this planet, upon observance, would be aghast at what we allow to happen to each other for the lack of these little sheets of green paper…and what we allow to happen via the incentive to have more of these worthless sheets of paper. WE are what is of value, each of us and our home on this planet.

    I only have to be an observer and I am aghast! One day it all will be recognized as pure insanity, just like blood-letting in ancient medicine practices. When will we stop calling these cabals leaders and lead ourselves into our God-given right to life without fear of repercussions and harm?

    The Science and Politics of Cancer (2005) – Part 1 of 7
    http://www.youtube.com/watch?v=MJ_4YkekV9A&feature=related

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  7. David

    WE THE PEOPLE OF THE UNITED STATES OF AMERICA,
    DO HEREBY DECLARE AND DEMAND:

    “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.”

    It is not the system of government that has failed the American People, it is the number of people that are within the government that have failed;

    Who have willfully and repeatedly committed gross acts of treason against the United States of America and its population in violation of their oaths of office and their common duty as United States citizens. Who have abrogated their Constitutional responsibility to supply and manage our national currency to private banks of not only domestic but of foreign interest. Who having conspired with such banks and corporations whom through theft, fraud, corruption and deception, have continued in a long train of abuses and usurpations, pursuing invariably the same Object of reducing the American people under absolute Despotism in order to establish themselves as a “ruling elite” and gain absolute power and ownership over America, its industry, resources and over its population for themselves, in direct violation of the fundamental tenet on which the United States of America is founded, that all men are created equal.

    We the people claim the Right of the People to alter this form of Government;

    All within our government who are complicit in these acts of treason will be given a short time to renounce their treason and re-affirm their oaths of allegiance to the United States of America and we the people. They will hold such banks and corporations accountable for their theft, fraud and conspiracy against the American people and the United States of America, declare all debts created by them, both public and private, null and void, seize whatever assets are in their possession and return them to we the people. They will define all business which takes profit without returning something of tangible benefit to the population a criminal practice. They will be given a short time to fulfill their constitutional obligation to create and manage a debt free public currency of whatever form they deem necessary, which will exist simply and only to facilitate the creation and consumption of production and services by the population and exist for the sole and exclusive benefit of the people of America. They will immediately and by whatever means necessary, issue this currency into circulation among the population in sufficient quantity to restore the United States economy to the extent where sufficient currency is maintained in circulation at all times in order to pay for the full value of all useful production and services which the population is able to generate for all time to come. They will be given a short time to restore all constitutional freedoms to their fullest extent. They shall within a reasonable time make such constitutional amendments as are necessary to permanently secure every aspect of our national currency and its management exclusively to congress, where it can no longer be usurped by private interests in further attempts to reduce us under absolute despotism. They shall within a reasonable time abolish the 16th amendment of the United States Constitution and secure exclusive rights to loan and collect interest on the United States currency to congress and to state and local governments to fund their operations in lieu of taxes and they will ensure full public access to the currency on a local level, maintaining accounts, issuing loans and providing all essential financial services to the population.

    Upon the failure of this number of people within the government to do so, we the people will fulfill our right and our duty to abolish the current form of Government and provide new safeguards for our own security by whatever means are necessary.

    We the people of the United States of America have had enough. The evils have become insufferable and we are not going to take anymore. This better happen soon !

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    1. David

      Instructions:

      The objective is obvious from the demand “WE’RE TAKING BACK OUR COUNTRY AND WE’RE DOING IT NOW !”. The method is for the American population to flood the senate and congressional offices with this demand so many times and from so many people that we will create enough terror among them to motivate the action we need from them to take back America from the banking interests that have conspired to reduce us under absolute despotism and restore our freedoms and economy for the benefit of all Americans. Its success will be contingent on the sheer volume of people doing the flooding, so we need everyone and all of their friends, the friends of the friends, and the friends of the friends of the friends participating.

      go to

      http://www.congress.org/

      type in your zip code at the top right of the page, under “get involved” and click go.

      One at a time click on each of your senators and congressmen, click contact, click website, then click the contact button on each individuals website. You will be given an email form to fill out, copy paste the full text of the demand into the message window and send. Don’t worry about providing any necessary contact information when messaging the representatives, out of 50 or 100 million people doing this before the end of a month, who are they going to come after ?. 90 % of the people who receive this will agree with it, 30 % of those will act on it and by the end of a few weeks we’ll have far exceeded those numbers.

      Then copy paste the entire text of this post along with these instructions into emails, in the subject window put “WE’RE TAKING BACK OUR COUNTRY AND WE’RE DOING IT NOW !”, send them to everyone on your lists, ask them to forward them on to everyone on theirs and ask all of those to act and forward them on in the same manner as well. Furthermore, save this post and keep reposting this on all of the different blogs here and keep it on the front page for several weeks, then get on every single blog or news site and any other place you go on the internet where you can post something and keep reposting this absolutely everywhere you can in the same manner. Get it posted absolutely everywhere, to the extent where absolutely no one can miss it and can see it and act on it wherever they may go. Do it many times and keep doing it over the course of the next 6 months. Use your imaginations and promote this in any way you can think if which i’m not thinking of here as well. We’ll see what happens and if everyone does their part to the best of their ability by the end of 6 months something will.

      I’ve asked before for each of you to donate 20 hours of your time toward the salvation of America and you yourselves, which many of you have, in getting ideas of a free economy which have been discussed in front of our population so that they can be aware of them and acting toward them and by now we are simply repeating things which have been discussed over and over and over again, so that job is done. It doesn’t hurt to keep promoting them since their already here as the more who’s hands they get into at this point the better so don’t stop. I’ll once again ask that each and every one of you put another 20 hours into promoting the solution. If you can put in 100 hours that’s even better, if you can put in only 1 hour that’s better than nothing, so its all good. Is the salvation of United States of America and the preservation of our freedoms and the hopes and dreams of its founding fathers who willingly shed their blood to establish it for each of us worth this effort from each of you ?. Is the salvation of our own life and the lives of your children and grandchildren from the absolute despotism which has been inflicted on all the other populations of this world worth this effort from each of you ? I’ll leave this to all of you to answer for yourselves and for you to do whatever your individual conscience and sense of duty as an American dictates you must do.

      My part in this is done now, i, along with many others, have contributed any and all ideas i have toward the benefit and salvation of my country and here is a means to save it now too. The rest is up to all of you, so do it !.

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    2. James McGuire

      The Day the Earth Stood Still or The Day the Banks Conquered Earth

      David, forgive me, but humor is good for the soul.

      Klaatu: I’m worried about Gort. I’m afraid of what he might do if anything should happen to me.
      Helen: Gort? But he’s a robot. Without you, what could he do?
      Klaatu: There’s no limit to what he could do. He could destroy the Earth.

      Bank: I’m worried about the home owners. I’m afraid of what they might do if they find out the truth.
      Bankster: Home owners? We have ESIGN and UETA. What could they do?
      Bank: There’s no limit to what they could do, we could all go to jail. We have to keep lying.

      Klaatu: We have come to visit you in peace and with goodwill.

      Bank: We have come to steal all your money.

      Klaatu: I won’t resort to threats, Mr. Harley. I merely tell you the future of your planet is at stake.

      Bank: I won’t resort to following the law. I merely tell you that we will steal all the money.

      Barnhardt: Have you tested this theory?
      Klaatu: I find it works well enough to get me from one planet to another.

      Attorney: Have you tested this criminal act?
      Bank: I find it works well enough to allow me to steal the money.

      Helen: What about the rest of the world?
      Tom: I don’t care about the rest of the world!
      Tom: You’ll feel different when you read about me in the papers.
      Helen: I feel different now.

      Clyde: What about the rest of the world?
      Bank: We don’t care about the rest of the world!
      Bank: You’ll feel different when you see how much money we can steal.
      Clyde: I feel different now. You are a liar and a thief.

      Barnhardt: Tell me, Hilda, does all this frighten you? Does it make you feel insecure?
      Hilda: Yes, sir, it certainly does.
      Barnhardt: That’s good, Hilda. I’m glad.

      Bank: Tell me, does all this frighten you? Does it make you feel insecure?
      Scardy: Yes, sir, it certainly does.
      Bank: That’s good, I’m glad, now I can steal the rest of your money.

      Barnhardt: One thing, Mr. Klaatu: suppose this group should reject your proposals. What is the alternative?
      Klaatu: I’m afraid there is no alternative. In such a case, the planet Earth would have to be… eliminated
      Barnhardt: Such power exists?
      Klaatu: I assure you, such power exists.

      Bank: I’m afraid there is no alternative. In such a case, I will have to steal all the money.
      Dumbfounded: Such greed exists?
      Bank: I assure you, such greed exists.

      George Barley: Why doesn’t the government do something, that’s what I’d like to know.
      Mr. Krull: What can they do, they’re only people just like us.
      George Barley: People my foot, they’re democrats.

      We the people: Why doesn’t the government do something, that’s what I’d like to know.
      One Person: What can they do, they’re only people just like us.
      We the people: People my foot, they’re democrats.

      Vote “Greed” Out
      Vote “Trust” In
      Vote

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      1. David

        LOL no forgiveness needed James, your making the point :)

        Bank: I’m worried about the home owners. I’m afraid of what they might do if they find out the truth.
        Bankster: Home owners? We have ESIGN and UETA. What could they do?
        Bank: There’s no limit to what they could do, we could all go to jail. We have to keep lying.

        What do banks do ? They steal all the money, they steal all the property and they steal peoples lives as well.

        How incredibly foolish not only of America but the entire world to turn over our currencies and economies to them and put them in control of our political systems, instead of just arresting and prosecuting them like we do any other thief and putting them where they belong.

        If enough people participate in this effort we will be doing just that and doing it very soon.

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    3. TruthSeeker

      Thanks plenty David. What do we do with this well-prepared well-written demand? Who would sponsor an investigation into the long lived grand theft of our wealth and restore our constitution?

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      1. David

        Hi Truthseeker;

        Well the purpose of the demand is to increase the already existing terror of the population within the current political establishment to the point where their fear of us becomes greater than their fear of the banking system and they will actually begin to fulfill their oaths of office and do this for us. If it works, then this is all we need to do and if enough people participate in this then i think it will. If not, then we are left to either trying to organize an economic rebellion where everyone would just stop paying all at once, or letting things progress to an armed revolution, which is something that a vast and ever increasing number of the population already seem prepared to bring about.

        I’ll repost from a response i wrote on another one of the blogs here which should be self explanatory and Jim and me already had a similar discussion further back when we were discussing the idea of the demand.

        _______________________

        I probably understand the mentality at work in the minds of the politicians who are complicit in this much better than most Americans, as i have already lived through the end result of what our politicians and banking system are trying to accomplish here. The single and only thing which is greater than their insane craving for power and their need to bully, control and victimize the population in order to make themselves “FEEL” like a great and powerful man or woman, is their fear of those whom they would make their intended victims and of what they might do in retaliation for this. This fear still exists even when they have managed to completely disarm the population and establish a socialist police state where the people are subject to the complete and absolute power and control of that state and they spend their entire lives trying to invent more laws to try and eliminate every single possible threat that any member of the population could pose to their power, no matter how small it might be, as their fear is just as constant and never ending as their craving for power and control.

        The United States Government, has it in its power and has the constitutional authority at any time, to put a stop to the theft and fraud and replace our current currency and economy with one which is designed to serve the American population, as opposed to a parasitic infection which simply consumes their productive effort and resources up until the point where there is nothing left, as it always has within our lifetimes. The United States Government is living in absolute terror of the American population at this point, because they have not yet managed to disarm the population nor establish the police state where they can attempt to enforce the absolute power and control over them which they desire. The single and only thing we need to do at this point is increase this fear just a little bit, to the point where their fear of us becomes greater than their craving for power and their sense of obligation to the Banks for having put them into power and it won’t take much to do this, after which they will be acting in our interests simply out of their fear of us.

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      2. David

        P.S. I’m assuming you already read the instructions posted under the demand. If everyone simply does their job and promotes the crap out of this so that it can be forwarded into everyone’s emails and plastered all over the internet where the entire population can see it and act on it, if they do they will.

        If we can hit the senate and congressional offices with several million of these over the course of the next few months we will have the result we need. If its properly promoted its more likely to be 50 or 100 million. James motivated the action and i came up with the wording, so now its up to everyone else to do their part and make it happen and only we the people, each using our own individual efforts on behalf or all the people can.

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  8. AlvieC

    David,

    I got here as fast as I could.

    No, actually I’ve been viewing the posts and enjoying the battle from a distance between you, Forest and Fred. Keep it up my friend. You are doing great.

    I just wanted to chime in at times when some of the Texas history pops up. That part means a lot to me. Not that any of the rest doesn’t.

    All of you posting on this site keep me realizing we do have a chance in this battle. Even if the bad guys want to distract.
    I am a shout away, if ever needed. Seems we all have a part in this, no matter what area of the battlefield we are on.

    I see you met James. This is a man of intelligence. I have spoken of him many times in my attempts to let those know I have a great teacher.

    Keep it up, sound the horn, and we’ll come running.

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    1. David

      Hi again Alvie;

      Okay so James is the one who’s been collaborating with you on this, that’s fantastic and i’m glad i’ve finally had a chance to meet him on here too. What you say of him is obvious and he also has a wonderful talent for planting some very productive seeds, as he did with myself a few days ago. I think we’ve all been doing this for each other too and the ideas have been progressing and developing through our discussions on here and those who have just been reading and putting the ideas into circulation in front of the population for them to understand have an equal contribution as well. All good things originate with a few thoughts from a few people, but its all the rest who come to understand them and agree with them who make them happen and are equally essential to and responsible for what is accomplished.

      The good thing is that now i think we actually have a very good chance of making them happen, simply, easily, quickly and painlessly too. I’m off to my friends for dinner shortly, but i’ll be posting the “Horn” late tonight. If enough of you help pass it around to the extent where every American has a chance to blow on it, i expect that we will have the final result we need before long as well.

      This is the tune:

      http://www.youtube.com/watch?v=SSOwWDEtkh0&feature=related

      Only this time it will be playing for our “ruling elite” who have attempted to reduce us under their absolute despotism, instead of for brave Texan’s and Americans defending their homes and freedom.

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  9. David

    Hi Alvie;

    Its good to have you back, been missing you :)

    Yeah, i’m quite familiar with the history of this and both the courage of the men at the Alamo who stood their ground right to the very end and the brilliance of Sam Houston’s divide and conquer tactics in finally defeating Santa Ana and securing the state of Texas, should make anyone very proud to be an American and even more so to be a Texan as is the case with yourself.

    I guess what strikes me the most about this, would have been the extreme pain and anguish going through Houston’s mind when he knew that he could not come to the rescue of the Alamo defenders without sacrificing the final objective of freedom for Texas. For myself i simply cannot imagine anything more horrible than the position he found himself in at that point.

    As you say, this is Texas and the people of Texas also demonstrated the spirit of courage and sacrifice in establishing freedom on which America itself is founded in no uncertain terms.

    As James said in his response to my last post, “Remember the “Alamo”, remember “Pearl Harbor”, one day we shall remember “Bank Fraud”. Two of these enemies have been dealt with, we will deal with the third with the same will and courage which has been demonstrated time and again by the American people and none of these enemies shall ever threaten us again.

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    1. Deft

      I like your optimism. Don’t forget to protect yourself though. The system is inherently unstable and will collapse without reform.

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  10. AlvieC

    One must remember. It was the Alamo that was the standing point of the brunt of the Mexican army, but it was San Jacinto that helped heal the wounds of those who chose to stand their ground and gave their lives for what they believed to be right.

    Sam Houston knew these brave men, the Texians, did not die in vain, therefore the battle cry “Remember The Alamo!”. It took eighteen minutes to put a President, Antonio López de Santa Anna in his place, and we have remembered the Alamo ever since. Not only Remember the Alamo, but “Remember Goliad!”

    This is Texas boys.

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