Sunday, June 13, 2004
Note: While the first of the following quotation may not appear to have anything to do with taxes, bear in mind that if we hadn’t had the Federal Reserve crammed down our throats, there wouldn’t be an enforcement arm to collect interest on money created out of thin air. Humor me for a moment...
Gold is extremely rare, which makes it intrinsically valuable. Money without intrinsic value, like paper, has never survived the test of time. Paper money experiments have been tried innumerable times throughout history and have always failed. Eventually, the government issuing the paper money succumbs to the overwhelming temptation to print too much, debasing the currency and causing the paper money to be worth less and less. Gold is gold, always unchanging, perpetually rare, and always having intrinsic worth. Unscrupulous governments can’t create gold out of thin air to finance whatever their pet spending-program of the time may be!
Gold in the Information Age March 1, 2002
The Point: Our congress critters have a blank check. Our employees get something for nothing, and expect US to pay usury interest on that something they got for nothing! In return, we give them power and glory in exchange for worthless pieces of paper. But permint me to continue...
"For if human liberty is to survive in America, we must win the battle to restore honest money. There is no more important challenge facing us than this issue - the restoration of your freedom to secure gold (and silver) in exchange for the fruits of your labors."
-Howard Buffett, four-term Nebraska Congressman (R) and the father of Warren Buffett
Constitutional Economics 101: What is a Dollar?
By Dr. Judd W. Patton - HIGHLY RECCOMMENDED READING!
Whenever destroyers appear among men, they start by destroying gold money, for it is man's protection, and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold is an objective value, an equivalent of wealth produced. Paper money is mortgage on wealth that does not exist, backed by guns aimed at those who are expected to produce. Paper money is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: "account overdrawn".
When you have made evil the means of survival, do not expect men to remain good. Do not expect them to stay moral and to become fodder for the immoral. Do not expect them to produce when production is punished and looting rewarded. Do not ask who is destroying the world. You are.
-Atlas Shrugged, by Ayn Rand, New York (Random House) 1957, pp 410-415
Paper Money Is Mortgage on Wealth That Doesn't Exist
The Federal Reserve, the central bank of the United States, was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system.
It didn't work before, and it aint gonna work EVER! Remember 1929? The comming depression is going to make that one look like a picnic!
Here is your brain on paper money.
"All the perplexities, confusion and distress in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, so much as from downright ignorance of the nature of coin, credit and circulation."-
A Majority of One