Private FRNs or Public Currency?
“Eowyn: The women of this country learned long ago, those without swords can still die upon them. I fear neither death nor pain.
Aragorn: What do you fear, my lady?
Eowyn: A cage. To stay behind bars until use and old age accept them and all chance of valor has gone beyond recall or desire.”
From the movie “The Lord of the Rings: The Two Towers”
What I’m about to propose is a state sponsored method of bailing the nation and perhaps the entire world out of a particularly nasty economic depression. This does not mean that I have suddenly changed sides and become a statist, though some of you may accuse me of being one after reading this, nor does it mean that I suddenly endorse state solutions to problems created by the state, it simply means that I can see a threat and sometimes the best way to counter a threat is to do something one might find distasteful. I used the above quote from the movie “The Lord of the Rings: The Two Towers” because I felt it was quite appropriate for the situation we find ourselves in. The private owners of the Federal Reserve System long ago used the sword of government to create their monopoly on currency in this nation, and that sword will cut down the middle class if we don’t learn to pick up that same sword or one very similar and use it to defend ourselves.
It becomes more and more obvious to me that the central bankers and the financial sector have usurped our government, and governments around the world, as time goes by. All one has to do is look at who’s benefiting from the current economic conditions. All one has to do is look at who the politicians are maneuvering to protect. Just look at the Republican National Convention and how they’ve manipulated it to keep the voice of the Ron Paul supporters silent. Ron Paul was the only candidate that wants to end the Fed. I doubt very much that any of the other guys would seriously want to even audit that institution. This despite the fact that a law requiring a full audit of the Fed recently passed the House of Representatives by a huge margin.
Ron Paul was the only candidate that wants to get rid of the IRS. The other two major candidates simply argue about whether or not to raise taxes. According to many sources, every penny of income tax paid goes to pay off the interest on the debt owed to the private Federal Reserve. Not one penny goes to pay for whatever “service” you might want the government to provide. That’s why the Constitution needed to be amended to allow for an income tax before the Federal Reserve Act was snuck through a legislature that had mostly gone home for Christmas in 1913. There wasn’t even a plurality of senators or representatives present when the vote took place. The IRS is merely the enforcement arm to make sure the interest is paid by the working class of this country.
The Federal Reserve and the corporations that depend on its financial influence need to make certain that their people stay in charge of the executive branch. Why? Well, for one thing so they can use the bully pulpit of the president to spew their propaganda and muddy the waters of clearer thought. But, more importantly, I think they want to have the power of the United States military at their beck and call. They want to be able to use it to quell any dissention that might happen anywhere in the world if their cartels are threatened. The military is the arm of government that holds the sword that can be used to kill or to put a so called threat in a cage. The United States military isn’t used for the defense of the people of the United States anymore, it’s used to defend the interests of multinational corporations and central banking interests. If necessary the military could be used to force compliance with the wishes of those corporations and banking interests upon anyone who would wish to break the bonds of those corporations and try alternative methods of doing business which would compete with them.
The wars we see being fought in foreign lands are not defensive wars being fought to keep foreign invaders from coming over here, they are offensive wars being fought to keep a corporate elite empowered and their monetary schemes from collapsing. While they’re punishing those who would oppose them, they’re making money on the flip side selling weapons. It’s a win and a windfall for them. It’s death and destruction for any regime that might think the natural resources of their countries belong to the people of that country. It’s an economic catastrophe and ruin for the common folk of this nation. That’s why they must keep control of the executive branch.
So, what’s the solution I mentioned earlier in this article? How can we get control of the office of the presidency back? How can we regain and reclaim the military that’s supposed to defend and protect our nation, not the corporate interests? We saw what happened to Ron Paul’s campaign at the Republican National Convention. We saw how they were kicked to the curb with no real recognition of their numbers and power. We know we won’t be able to get enough people to vote for a principled third party candidate like Gary Johnson and even if we did we know that the fix is in. It’s David versus Goliath all over again. How can we overcome such a giant?
It’s really quite simple, and it’s legal and peaceful and constitutional. We turn up the heat. We keep demanding an end to the Fed. We demand that those who want to govern obey the Constitution of this nation, and we remind them that the Constitution is the highest law of the land. We demand that they keep their oaths of office and expose them when they don’t. We remind them that the Constitution delegates the power to mint and coin money to congress, and that they cannot pass that responsibility onto private interests who profit from such a government sanctioned monopoly. We then give them fair warning, either comply with the highest law in the land or face criminal sanctions.
You might think I’m dreaming, and maybe I am, but the law is on our side. Whether it can be enforced or not, that is where the question really lies. This is why I use the word “we” above. I really don’t like to talk in the collective, but sometimes reality steps in and forces your hand. By “we” I mean people concerned with individual liberty and the natural rights of individuals being honored by people entrusted with government power. It’s strange to think that those of us wanting to establish an individualist society and mindset should have to form a collective in order to do so, but there is strength in numbers. I know there’s a lot more people out there who think like we do and have just kept their mouths shut even at this late date, but the time has come for all to speak out and be heard. We must let those who would rule us know that we are a power to be reckoned with and we are not going to give away our power that easily.
Do not let the conversation die. Let it be known far and wide that the Federal Reserve is a privately owned organization that our tax dollars pay for. Then let it be known that if the government printed treasury notes, it could get rid of the income tax and the IRS because it wouldn’t have to pay interest on debt anymore. Furthermore, with the government in charge of the money creation, it could make money by collecting interest. It would loan out money only to businesses, like banks, who came to it for loans. Only those who wished to do business with the government would have to do business with it, the rest of us would be left alone. If enough people were to become aware of these facts, the political pressure we could put on our politicians would become so great that they wouldn’t have a choice, they’d have to either succumb to the wishes of the people or become politically insignificant.
If we begin to once again enforce a legal definition of the dollar being a measure of silver, as it used to be, this solution becomes even better. The economy would quickly stabilize as everyone would know what the value of a dollar was and not be concerned that tomorrow it would loose value. The uncertainty in currency would be gone. The world would quickly once again accept the dollar as a reserve currency so long as they could trust that it would pay its value as a precious metal. Goods and services would soon be priced by market competition and the law of supply and demand and not by artificial mechanisms of the state and their corporate agents.
As a matter of course, the interest on our national debt would have to be forgiven. Whether or not we should even have to pay the principle would have to be determined. It can likely be shown that the whole scheme was a fraud and therefore we are not liable to pay it back, as was done in Iceland. Some bankers, and maybe even some politicians, might end up in jail. More importantly, those who have fleeced our nation of real wealth and commodities through fraud should have to return such wealth and commodities to the marketplace where they can be put to good use by the common folk. This is how it should be. The easiest way to accomplish this is with the power of government, the power of the many. Those in control of the private Federal Reserve have known for years that their scheme was fraudulent and criminal and would eventually collapse. A little honesty and prudence is all it would have taken to avoid the economic mess we find ourselves in, but their greed is insatiable. It’s time to put humanity first.
I know that there are many who want to see a market solution to the currency problem, and I agree that there should be an end to the legal tender laws and the currency monopolies. I realize that a state run currency monopoly is also subject to corruption. However, it might be time to realize that those who don’t use government can still suffer from government. As long as we have a federal government, we should strive to keep it on our side in whatever ways possible. When it comes to economics, if the government isn’t protecting the interests of the common folk, then it’s protecting the interests of someone else. It’s protecting the interests of the ruling elites. It’s protecting the interests of the corporate establishment and the financial sector. It’s protecting the Fed. It doesn’t matter who the president is or what party runs congress, it’s time to end the Fed. Perhaps the best path to take to accomplish such a goal would be the path of least resistance.
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