Since my main point of this is the decaying dollar and spending beyond the means of the boobs in D.C., we must also include another prime reason for the dollar’s debasement and huge national debt. If you read books, you should read “The Creature From Jekyll Island.” This book tells the entire history of the Federal Reserve and its shady, fraudulent, outrageous beginning. The Federal Reserve is the central bank which congress barely passed while most were on Christmas vacation, and the vote was timed perfectly. The Federal Reserve is not “federal,” and has no “reserves,” first of all. It is owned by its member banks and a good share by mysterious overseas families. The Federal Reserve has all the power of any government, because it controls the money of the nation.
If there were no Federal Reserve, the national debt might be about half of what it is now. Why? Because when the 535 fools who are in the congress vote endless spending beyond their means, they borrow to pay. Like far too many Americans who have no cash, but a trusty credit card or cards. The holders of credit cards who buy on time, are forced eventually to pay and usually at a high interest rate, unless they declare bankruptcy, which an increased number are doing. When the senators and representatives dole out the goodies, their credit card is the Federal Reserve. They order that the dollars be printed and placed in their checkbooks, so they can pay the bills they have so carelessly run up, and have no other means to pay. The Federal Reserve creates the dollars out of thin air and loans it to the U.S. Government at interest. The interest is a 100% profit, because the Federal Reserve merely tacks it onto the national debt. Who pays the interest? When you borrow money from a bank, who pays the interest? You do. When the D.C. Gang borrows from the Federal Reserve, who pays the interest? The borrower. Since the government has borrowed dollars to pay for its wasteful spending, which dollars were created out of thin air, from a privately owned bank, the borrower has to pay the interest to the privately owned bank who loaned the dollars…which were created out of thin air. In other words, a good part of the national debt is from borrowing dollars created out of nothing, from a privately owned bank.
The owners of Federal Reserve shares love this arrangement. The Federal Reserve and the phony economic system which it has given birth to, has allowed banks to also create money out of thin air to loan to their customers, and the interest paid them is gravy for bankers. Suppose the Federal Government acts exactly as it currently does, and that is spend foolishly and without regard to income or the value of the currency its citizens use. Suppose everything remains exactly as it is now, only the Federal Reserve is voted out, which could be done instantly if the D.C. Gang had an ounce of sense, and our deer caught the in headlights President wouldn’t veto it. The treasury could then create the dollars out of thin air, but not owe any interest to the Federal Reserve. The dollar would still be backed by nothing, and the frivolous, stupid, elected, ’public servants’ could still spend like drunken sailors, but there would be no interest to pay. A finger in the dyke, which will never happen. America has had two previous greedy central banks which were voted out be smart D.C. legislators and President, but it is doubtful that it will happen again. Things will continue downhill, in other words.
Discipline is becoming a fictitious word I am afraid. Parents refuse to discipline their kids and they grow to be spoilt little brats. Parents maybe can’t discipline because they must work and use day care just to survive, and day care wouldn’t dare discipline because of a possible lawsuit. Congress has absolutely no discipline, or they would stop foolish spending, secure the border, stop the war, declare neutrality, and act sensibly. They won’t, because the welfare recipients they have created with their spending, also have been enabled to vote, regardless of mentality. Coney Island used to be the playground of New York and the entire northeast area. Now it is filled with public housing, and those worthless people can and do vote Democrat 99.9% of the time. The same is usually true with all welfare recipients, negroes, and Mexicans. Why? because they know that their bread is buttered by the politicos who vote to give them ever more largess from the public treasury. In 1787, Alexander Frazier Tyler wrote these immortal words. He was writing about the Greeks who had failed 2,000 years earlier, but it certainly does apply today:
“A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover they can vote themselves generous gifts from the public treasury. From that moment on, the majority always vote for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship. The average age of the world’s greatest civilizations from the beginning of history, has been about 200 years. During those 200 years, those nations always progressed through the following sequence: 1. From bondage to spiritual faith. 2. From spiritual faith to great courage. 3. From courage to liberty. 4. From liberty to abundance. 5. From abundance to complacency. 6. From complacency to apathy. 7. From apathy to dependence. 8. From dependence back into bondage.”
We, as far as I am concerned, are at the latter part of #7. Why do I say this? Looked at TV of late? I try not to, but to show the utter idiocy and lack of thought of the American citizenry as a whole, how do you like the commercials with the spiel being uttered by a beaver, newt, Abe Lincoln, or people dressed as vegetables and fruit? I am 73 years old, and far too old for commercial TV, which is geared to the 12 year old. Movies now-a-days are full of computer generated violence or are animated. Maybe that’s why I love Turner Classic Movies channel which shows black and white films of the 30’s, 40’s and even silent film, in which actual acting as well as good story lines are featured. Isn’t the entertainment bought or watched, a sure sign of the mentality and thinking ability of a civilization? With milk at over $5 a gallon, and a decent loaf of bread at close to $4, shouldn’t it be obvious to the citizenry that something’s awfully wrong? When a series of Presidents can take us to war four times without required Constitutional permission of Congress, isn’t that a hint that D.C. is out of control?
As I write this on Sunday morning, martial law has been declared in Pakistan, its supreme court dissolved, hundreds of arrests, and TV stations unfriendly to its president have been shut down, with elections ’postponed’ for a year. In Burma, hundreds of monks and thousands of citizens who paraded in protest of the dictatorial government have been killed and shut up. Armed governments and puffed up soldiers and police seem to take delight in brutalizing protesting citizens. Would American soldiers and police carry out devious wishes of the winner in a government takeover? The 16th Amendment (passed almost simultaneously with the Federal Reserve) was never legally ratified and is unconstitutional. Yet most pay, as do I. Why do we pay our dollars to a corrupt D.C. government? Because the judges are on its payroll, and if they ruled differently than their boss wanted, they would be out of a job, just like congressmen would be out of office if they failed to vote ever more largess from the public treasury. Would the Supreme Court uphold the unconstitutionality of the Federal Reserve or the IRS? It hasn’t yet, and I think never will. The D.C. Gang has gotten by with unconstitutional wire tapping with impunity. In other words we are in semi-bondage, or # 7 of the above. If it all comes down to a justifiable revolution, would soldiers and cops take the side of the D.C. Gang, or the majority who had enough? I don’t know.
Suppose the masses in America decided to revolt and stop this nonsense? First of all, the masses are so utterly ignorant and un-thinking, it is a virtual impossibility. Their thinking processes have been dulled and even killed by the boob tube and public schooling. Could the churches instigate a revolt? And lose their tax free status? Not likely. The one thing America has going for it is that we own over 200 million guns. These guns must be kept loaded preferably un-registered, and handy at all times, and not just for protection against thieves, muggers, and rapists. Nothing strikes fear in D.C. as much as the thought that American fire power in hundreds of millions of citizens might just topple them if they make a false move which would strike fear or mass outrage in the masses. So far, the masses are so stupid, and drugged with TV, cocaine, empty promises, fake statistics, football, and false hopes, that they are calm and obedient. They must be kept that way or all hell might break loose. They must keep paying those taxes and have them deducted from their paychecks. They must keep paying the other 275 taxes on everything they eat, use, or buy. The sheeple must be calm and obedient, or they might revolt and threaten the establishment with those wonderful guns! Am I getting carried away? Think about it.
The colonists had a belly full of old King George’s taxes, and used their guns to revolt. When the Revolution began, lots of Americans were firmly on the side of the King, and didn’t want to rock the boat. All was peaceful, and taxes were a nuisance, but necessary for protection and the stuff which was imported from the mother land. “Why start trouble?” That might have been the attitude of many, if not even most. The brazen liberty seekers realized that they came to a new land to get rid of that nonsense, and wanted no more of a king and national religion. It was close, but George Washington and his remaining brave troops pulled it off. The tax protesters, so far have not succeeded, and the Browns, who were denied the right to present their case before a jury of their peers, thanks to a judge, finally have been arrested and had everything taken from them. Now that a film proving that there is no law requiring most to pay an income tax has had huge circulation, will this be a beginning of a mass revolt? Will the increasing number of people believing that 9/11 was an ’inside job’ be a beginning? I have no idea, but if 9/11 bothers you, I suggest you get a copy of “Loose Change,” the DVD. It will shock and inform you. The “History Channel” did a job on 9/11 recently, trying to prove it was all as the 9/11 Commission said, but the show was not convincing at all. Keep tuned.