Saturday, February 18, 2006
“He who prints the money makes the rules”-- at least for the time being.
It's time for US to get out of denial. If we are going to restore our Constitution and our Republic, we must return to the Lawful Money of the Constitution; There is no other way! We must kill the beast by removing it's food supply. Otherwise, we tumble into the pit of the Combinations along with them.
The End of Dollar Hegemony
Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system. This magnificent scheme seems the perfect system for obtaining perpetual wealth for the country that issues the de facto world currency. The one problem, however, is that such a system destroys the character of the counterfeiting nation’s people-- just as was the case when gold was the currency and it was obtained by conquering other nations. And this destroys the incentive to save and produce, while encouraging debt and runaway welfare.
And once again there’s this urgent call for sanctions and threats of force against Iran at the precise time Iran is opening a new oil exchange with all transactions in Euros.
Using force to compel people to accept money without real value can only work in the short run. It ultimately leads to economic dislocation, both domestic and international, and always ends with a price to be paid.
The economic law that honest exchange demands only things of real value as currency cannot be repealed. The chaos that one day will ensue from our 35-year experiment with worldwide fiat money will require a return to money of real value. We will know that day is approaching when oil-producing countries demand gold, or its equivalent, for their oil rather than dollars or Euros. The sooner the better.
--HON. RON PAUL OF TEXAS
Before the U.S. House of Representatives February 15, 2006: The End of Dollar Hegemony [Full Text] [Video available HERE]
Here's the headline you will not read or hear from the mainstream media, but no doubt should.......
While the mainstream media sleeps: Iran / Venezuela declares economic war on the U.S.
The reason why the U.S. dollar is vulnerable to attack is because our currency is printed and loaned to the federal government by a syndicate of private banking institutions doing business as the Federal Reserve. The money system, the Federal Reserve System, is a funny money system that makes money out of nothing and loans it to the government of the United States at face value plus interest. The remedy for this currency crisis is to abolish the Federal Reserve Act of 1913, eliminate the 16th Amendment commonly referred to as the income tax amendment, and return the Secretary Treasurer back under the control of the U.S. Congress, as well as the printing and management of all our nation's currency. Finally, all currency and coin of the United States must be permanently anchored to a gold or silver standard. [MUCKRAKER REPORT]
Making money was the highest activity of men before looters invaded the nerve-center of capitalism and abolished the gold-reserve requirement for the issuance of Federal Reserve notes in 1968. Ever since "making money" has been the lowest activity of men whereby the savers and producers are fleeced of their substance. Watch for the day when the last meaningful productive job in America is exported to China. On that day American society will become a zoo, and American citizens will be reduced to the station of animals in the cage, totally dependent on the zoo-keeper for food and shelter.
-- Ayn Rand, Atlas Shrugged
(It is a violation of Natural Law to remove this warning)
Governments are extremely dangerous. Imprisonment, theft of property, and loss of freedom ultimately result from allowing governments to emit paper money. The sypmtoms of exposure to these toxic emissions are a loss of hearing, followed by a loss vision, and then speech. Left unresolved, these underlying conditions ultimately lead to the loss of physical control and unnatural death.
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