Wednesday, December 31, 2008
Do you have a gun?
If you don't own a firearm and aren't competent with it you are an irresponsible person.
Here is my evidence to support that statement:
We live in a violent world and there are many people who would harm you and steal your property if they could do so with impunity. That is a fact.
If you value your life and your property it stands to reason you should defend them.
Irresponsible people shift that defense onto others. Hence the "need" for government, never-ending laws and armed enforcers called police.
We as created humans have the inalienable right to defend our lives and
our property which sustain life. We also have a duty to protect those rights.
The most honest, responsible way to carry out our duty to protect our rights is to do it personally. If you are personally responsible for defending your rights you use reason and logic to figure out how to best accomplish that goal. What if any tools are available that you can use to further that goal?
In terms of self-defense of your person there is one tool that stands above all others; a firearm.
A firearm is cheap, readily attainable, portable and supremely effective. it doesn't take much practice to become very competent in its use. It is the greatest equalizer that exists in the world today. A 94 year old woman in a wheelchair is superior to a 250 lb thug, when she is armed with a firearm. In fact she would have the upper hand confronted with multiple attackers. No other tool could give her the same advantage. Even if they are armed she still is equal to them as strength is not a factor in properly using a firearm.
Anyone who chooses to not arm themselves in defense of their life or property has become a burden on society and is part of the problem. They shift responsibility to others to safeguard them. That is the epitome of irresponsibility.
Wednesday, December 17, 2008
Got Gold?
The government is penalizing you if you want to save money. Think about it. What is the stated government inflation rate for 2008? 2.7%. And if you believe that I have a bridge to sell you. Anyway taking their number how much do you get paid in interest in a bank account to save? National average in a "savings account" is .31%. So if I had 250,000 and put it in a savings account which is supposedly safe and insured, what would I have a year later in actual buying power?
250,000 x .31% = $775.00. That would be my gain after 1 year.
Now for inflation hit- $250,000 x 2.7% = ($6750)
At current stated rate of inflation I would lose $5975 in buying power.
So best case scenario I lose almost $6,000 for my effort to be frugal and save.
Great deal, huh.
And don't you think with the trillions of new money being created inflation just might go up a bit? Maybe a lot?
Don't you think it might be wise to convert your paper to gold and silver.
Don't know anybody in the world who can print gold and silver out of thin air, do you?
By the way it is in increasingly short supply as other people start to realize this too. Don't be the last sucker holding the proverbial bag. Fiat money and the dollar are toast. It will just take awhile for the masses to get it.
Make sure you buy some food and water first and then gold and silver.
Friday, December 12, 2008
What is money?
Money is an issue which is on almost everyone's mind lately. Namely, that they find they have less and less of it and that it isn't going as far as it used to.
So what is money? What constitutes honest, sound money?
Money is a medium of exchange and a store of value. Money came about because of the problems associated with bartering as a means of effecting trade. Trade is the lifeblood of a sound and healthy economy. Free trade, meaning exchange of goods and services without government interference or regulation conveys the greatest benefits to a society and its participants.
We all use money to buy the things we want and need and in exchange for our time and labor.
Honest, sound money should have certain characteristics which have been derived and confirmed over thousands of years of use and throughout almost all civilizations and societies.
They are:
Money should be scarce or rare.
Money should be intrinsically valuable and thus function as a store of wealth. Money should be fungible
Money should be easily divisible.
Money should be durable.
Money should be portable.
Money should be almost impossible to counterfeit.
Why should money be scarce or rare? Because if it wasn't the supply of money would continue to increase easily, causing inflation. This monetary inflation would decrease the value of all money which existed before the introduction of the new supply.
Money should be valuable intrinsically so that people will willingly trade their time, labor, and goods in exchange for it and hold it as a store of wealth. Money should be fungible so it is easily traded or spent and its value universally accepted.
Money should be easily divisible so that it can be used in both large and small transactions simplifying and facilitating free trade.
Money should be durable and long-lasting so that it can't be destroyed by the elements, fire, pests or accident.
Money should be portable so that it can easily be used in trade. Ex. If a horse was money it would be very hard to take it with you whenever the possibility of trade existed.
Money should be almost impossible to counterfeit for obvious reasons.
We use printed paper as money. How many characteristics of honest, sound money does our paper fulfill? By my count it fulfills two of the six; it is easily divisible and it is portable. 33% isn't so good, is it?
How about gold and silver. How do they stack up? I get 7 out of 7. Gold and silver fulfill 100% of the requirements for sound, honest money.
What does our constitution say about them? Don't know? Maybe it is time to read it.
Technology has advanced to the point where it is possible and viable to make "plastic" encased gold and silver money which would look very similar to the paper notes we currently use as money but with one very big difference. Federal treasury notes are nothing but paper with a little ink on them. Their value is merely differentiated by the numbers printed on them and the laws requiring their use. A ten dollar bill is pretty much the same as a hundred dollar bill but has an added zero, yet they have no real difference in their intrinsic value.
In stark contrast, gold and silver plastic notes would have a stated, verifiable and visible weight of gold and silver actually embedded in the notes themselves. Based on today's gold prices(12/12/08 $827 per oz. or 480 grains) a gold-filled note worth about 1 dollar would contain roughly 1.72 grains, lets make it a 2 grain gold note for simplicity. 9 grains would be about $5 and 17 grains would be about $10. And so on. Probably would be much simpler to make a 2 grain, 10 grain, 20 grain, 40 grain and so forth. The larger value notes would switch to grams. 1 oz. = 31 grams. So a $100 note would be about 4 grams. Prices would no longer need to be in dollars but could be in grams or grains of gold, instead. Smaller amounts could be taken care of by silver and copper coins just like we did in the U.S. for a couple hundred years until 1964.
When you go to the store to buy groceries, prices could be in gold grains, grams, etc.
Now you are probably saying, "Well gold prices fluctuate wildly so how would this work"? That is true they do. Question is why? For one thing gold isn't used as money so it's value in relation to money is constantly changing. If gold was again the money of choice it would be far more stable. The other factor causing the difference in gold and "money" values is monetary inflation. Paper money is cheap, easily created and counterfeited(biggest counterfeiter is the government and banks) and is constantly being printed(or created digitally) out of thin air. This steadily drives down the value of paper money and destroys its purchasing power. Gold has held its value throughout history and has always risen in value against fiat(backed by nothing of real value) currencies.
The only role of government, if it had any, with a new plastic gold-filled currency would be to monitor the manufacturers to ensure the notes contain the stated amount of gold in them. Of course private companies like U.L. laboratories or Consumer Reports could also do it. And no doubt they would do a far better job than government ever could.
Burning the note would allow anyone with a scale to do the same thing to make sure their note actually contained the stated content of gold printed on its face. These notes would destroy the power of governments, and their real owners the banks, to steal from you by printing up more and more paper money as has been going on in the U.S. since 1913. The biggest tax you pay is the inflation tax. Didn't know about that, did you? Well if you are a product of the public indoctrination system that is by design. Why would they teach you they are systematically stealing your hard earned wealth? Because you might actually get mad and then do something about it, right? That would be incredibly foolish on their part.
So take a stand against tyranny and join the fight for freedom by turning some of your fiat into honest money- gold and silver. And look into the idea of creating easy to use gold or silver filled currency that can't be printed out of nothing like our current debt based, statist "money".
Wednesday, December 10, 2008
What do you own?
Do you own your labor? Are you taxed on that labor? At what rate? All depends, doesn't it. The more you earn the more you pay in taxes both visible and hidden.
Do you own your house? Well if you have a mortgage obviously the answer to that is no. The mortgage holder owns "your" house. What about if you don't have a mortgage and you own it "free and clear." So you own it, right?
WRONG! The local government owns it. You are renting it from them by paying property taxes. If you don't believe me quit paying the property taxes and see what happens. They local government will soon foreclose on you and sell it for back taxes. Nice, huh.
Do you own your car? Well like most people you probably bought into the whole debt enslavement scam and have a "mortgage" on your car so the lien-holder really owns it. How about if it is lien free? Well, can you drive it for very long without a license plate? No. So without permission from government you cannot use "your" car unless you pay the yearly fees and taxes imposed upon you and your property. Don't pay and they will impound it.
Do you own your retirement fund? Your IRA? Don't think so. Take it out and see what happens. Ten percent early withdrawal penalty and taxes assessed at what ever tax bracket you are in.
Do you own your body? Can you put whatever you want in it? Can you use it anyway you want? Not hardly. Can't use banned substances without risking imprisonment, can you? Can't drive "your" car without wearing a safety belt, free from possible fines, can you? Killing yourself is illegal and will get you imprisoned if you fail in your attempt. http://www.gmu.edu/departments/economics/wew/articles/09/OurProblemIsImmorality.htm
Do you own your kids? Not that most of us want to, but we who are parents think we should be able to make decisions for them and take care of them as we see fit. After all we created them with God's help and without any help from the government. The government doesn't see it that way. They have enacted all kinds of restrictions on us as parents, thinking they know best.
Do you own your time? Hardly. Most people work until April just to pay their federal tax burden to their masters.
About the only things you really own in this country are things you quickly consume like food and clothing. Even then you are taxed on their purchase.
When is enough enough? When will we get mad enough to overthrow our masters? I'm sure not seeing it.
Friday, December 5, 2008
What Happened?
I am stunned at what is happening to our country and how quickly the government has usurped almost all power over us. We are nothing more than pawns and have almost no say in what is happening to our few remaining and rapidly disappearing liberties and rights. WHEN will we wake up and break the chains which are increasingly rapidly binding us ever tighter? When will we stop mortgaging our kids' future and selling them to pay for for our own greed and extravagance? When will we quit buying endless amounts of consumer junk we don't need and can't afford?
Why are we collectively so ignorant of what this country used to stand for and what principles made it the greatest country in the history of the world?
Of course that was then and this is now. We are a broken down wreck of what we used to be.
Is there realistic hope of turning this ship around and finding our way again? Honestly, I doubt it. To many americans have been dumbed down to the point where they believe government is the answer and its role is to take care of them. To protect them from the monsters in the closet and lurking under the bed. To feed, clothe, shelter and doctor them. The vast majority of americans are nothing more than overgrown children hiding behind their parent(hardly any have parents) and expecting them to make everything o.k. As long as they have their t.v., their video games, their junk food, their hollywood trash to ooh and ahh over, they are for the most part content. We have become pathetic, useless, immoral and clueless. We want, therefore we think we deserve to have our wants fulfilled, without effort on our part. We want to be protected from all risk and to blame everybody but ourselves for our own mistakes.
How did we get this way and what was the cause of our downfall?
Since I am only 44 I can only go back so far and cite my own personal experiences. I believe based on my experience the state-run indoctrination, propaganda spewing system we know as the public education system is the root cause of our apathy, ignorance and immorality. I was taught to obey without questioning(under threat of force), to accept garbage as useful and valuable information and misinformation as truth. I wasn't taught about freedom, liberty and the principles and philosophies upon which this country was founded and which made us the greatest country in the history of the world, past tense. Want to know what american children used to be taught for over 130 years. Go find some McGuffeys readers and compare them to the crap your kids are being brainwashed with and what you were instructed out of. The difference is like night and day. Check out the grade 6 reader and see if you can read and comprehend it? Bet you can't. Give it to most college graduates and I guarantee they will have a problem reading and comprehending much of it.
WHY? Was it a result of incompetence or was it purposeful? Do you know the answer to that? Have you thought about it? Do you care?
I love this quote from Samuel Adams, a real man who knew the difference between right and wrong and what really matters in life;
"If we love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels nor your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen!"
The words of a patriot. Know any of those?
Friday, November 7, 2008
Tuesday, October 28, 2008
How to vote or should you?
What kind of a message would we the People send to our corrupt leaders if we cleaned "house" and fired all the incumbents? Do you think they might take notice of us and start to get a little fearful? Do you think they just might feel a little more accountable for their actions? They sure didn't fear us enough to vote against the 850 billion ripoff, did they? Opposition was overwhelming against it from everything I read but they voted for it anyway after they loaded on 150 billion in pork.
Lets look at what a representative makes; As of January 1, 2008, the annual salary of each Representative is $169,300. Representatives are eligible for lifetime benefits after serving for five years, including a pension, health benefits, and social security benefits. $169k a year is a pretty decent paycheck. Lifetime benefits after 5 whole years of "service" is even better. No wonder they want to get re-elected. Do you know any other career that gives you lifetime benefits after only 5 years? Do you think this was what our Founding Fathers envisioned public office to be like? Me either. I find this level of compensation totally outrageous. But I know this is also just the tip of the iceberg. The real money they make is behind the scenes. the real money is earned when they sell their votes and their influence. That is how they really screw us, the People, over.
So my plan is to vote against all incumbents. Get rid of them all! No way we could get worse people in and the people who do win will understand what happened. Hopefully they will think more about the oath they swear when they take office to uphold the constitution and not how much money and power they can accumulate term after term after term. There should never be compensation after leaving a political office. it is called public service, right? That implies a sacrifice for the greater good, not sacrificing integrity, honor and principles for money at the expense of the public good. Things are way out of whack.
I got my sample ballot the other day and got on the internet to find out who was an incumbent and who wasn't. I marked it so I could vote against all incumbents regardless of party. I am also planning to vote against all the judges. I think judges have way to much power and always vote against all of them. Power should never be in the hands of any one person for any length of time. Power is far to corruptive and mankind has proven without a doubt, throughout history, they cannot handle it without being corrupted. Exceptions are so few and far between they are irrelevant.
The other reasonable option imho is not to vote at all. But personally I would rather vote them out since they definitely don't want that and they would never see it coming. I have read some pretty good arguments for not even voting but I prefer to be more proactive.
One thing I will not do anymore is vote for the lesser of two evils. I think that approach has got us to where we are. Ever more corrupt candidates who get elected because they are perceived to be not quite as bad as the other guy. Let's just vote them all out! And go third party whenever that option is available as an anti-incumbent vote!
Monday, October 27, 2008
Democracy
They became "mobocracies." The many took from the few. Individual rights,
freedoms and liberties soon disappear in a democracy.
Our founding fathers studied all history, and all forms of government. They studied the works of the worlds greatest philosophers and they formed a new type of government; A constitutional republic based on the rule of law.
They feared a democracy and so should we. They knew in a democracy eventually the people would realize that they could take property from others by force using the power of the government. In a democracy majority rules. When you have a majority of have-nots, who don't produce and expect to be taken care of, voting to take away the property of the haves
you have just crossed the line from a sustainable society and economic model to an unsustainable one. We might just cross that line Nov. 4th. Some would say we already have and I think there is a case to be made for that point of view, but it could be very plain in a week, whether we have or not.
Regardless, we are on that course and have been so for a long time. We are an empire in decline. It is doubtful that we can change course and turn back to liberty, freedom and responsibility. I think we will continue our decline into socialism, communism, fascism or whatever you choose to call it but the end result will be a total loss of freedom and liberty. It will probably take a great catastrophe to wake people up and to get enough people behind the cause of liberty and freedom.
Bad times are here and worse times are coming. Get prepared and educate yourself so when the time comes you can be a force to effect positive change. We have been lied to, brainwashed and scared for generations. Time
to reverse the trend.
Friday, October 24, 2008
Corrupt Banking
So let's discuss fractional reserve banking. This is the second piece of the monetary puzzle which is and has been working against us for way to long.
You and I earn money by trading our labor for it. We work for somebody else or work to create something we can sell for a profit. Blood, sweat and tears are the capital we employ to earn a living. So how do bankers earn their money? Through the magic of fractional reserve banking, thats how. They take in our hard earned "money" and wave their government backed magic wand over it. Suddenly it multiplies in value by a factor of 10. 1,000,000 worth of deposits earned through our labors and borrowed from us for a pittance are transformed into 10,000,000 which get loaned out at much higher rates of interest. Lets run some numbers.
Average american deposits money. Gets paid 1/2% interest (far less than inflation, meaning in real terms you lose money)
Average banker Receives money and pay 1/2% to sucker(I mean average american) Multiplies it by 10 and loans out 9 times the original deposit
at 6% interest on a mortgage, 10% on a car or 15% on a credit card.
Lets run some numbers. cost to banker to borrow your $1000 is $50.
He loans $9000(fractional reserve magic money) out at an average of 9%.
He gets $810 before late fees, bounced check fees, overlimit fees, etc.
You get $50 he gets $810+. Don't you feel sorry for the poor bankers who you just bailed out?
Consider this; You want to buy a house. You find a nice house you want to buy for 200k. You have 20k to put down and the bank agrees to loan you $180k to complete the purchase. Where did the bank get that $180K? Do you think it was laying around in the vault behind that huge, thick steel door? Nope. Your 20k down payment gave the bank a reserve under fractional reserve banking laws to magically create the other 180k out of thin air and loan it to you at 6%, assuming you have great credit. And don't forget the 8 grand in fees they charge you upfront to get the mortgage your very own capital created.
What is their risk in this situation? Less than zero. If they kept this loan on their books they make 8k upfront and you pay them about $1080 every month to borrow money which never even existed until you borrowed it. Feel like a sucker?
Lets say after 3 years you fall on hard times and lose your job. You quit making payments and bank forecloses. So you paid 28k upfront and another
$38,880 in payments. You paid down the original 180k you borrowed by $7118 meaning you still owe the bank $172,882. But the economy tanked and the house now only has a market value of $130k. The bank forecloses and you are wiped out. You paid $66,880 over that 3 year period to realize the american dream before taxes and maintenance. About $1900 a month to
live in a house you probably could have rented for about $1000 or less. You got screwed.
So how did the bank make out? 8k upfront + 38,880 in payments or $46,880 and now since the house is worth less than you owe they can foreclose and sell the house again or rent it out. Their choice. You are out in the cold. Let's say they firesale and net 90k after expenses. So 90k + 47k =137k profit. Not bad considering they never loaned you a dime of their own money and thus never took a risk. What was their return? Infinite.
So how do you explain the current banking crisis we are in giving what I just stated? Simple, they got greedy and sold the loan as soon as they made it and foolishly enough guaranteed the full value of the loan to the new buyer who also sold it and so on. The banks figured if you can make 8k packaging and selling loans that was better than sitting on them and collecting monthly payments. So they became volume loan originators and sellers. Worked great for awhile. . . until the value of the underlying houses collapsed and they had to make good on the full amount. To bad. They got to greedy and the law of unintended consequences came back and bit them.
Of course they own the politicians and rather than suck it up and take their losses they just called in the favors and stuck us, the People with the losses.
So far it looks like we are going to take it.
Thursday, October 23, 2008
Money
In the U.S. this is how money is created. . . The government decided it needs some money(always doing this) so they create some bonds. Let's say they need(o.k. just want) another 100 billion dollars. That is 10,000 million dollars. So they create 100 billion in bonds and agree to pay 3% interest on those bonds. So what they have done is to create a liability to us, the People of 103 billion dollars. Now they take these brand new shiny bonds over to the federal reserve system and the federal reserve cartel(I mean system) agrees to loan them 100 billion dollars in exchange for those bonds. Now one would wonder where did the federal reserve cartel get the 100 billion they exchanged for those bonds? Any guesses?? From their vaults, right?
Wrong! They were borrowed into existence. The new 100 billion represents
newly created out of thin air DEBT.
They just tell the treasury to print up 100 billion and give it to the government so they can fund all their little pet projects and enact thousands of silly little laws to further oppress and control us, we the People. The federal reserve cartel has a pretty good gig don't you think? They get something for nothing but a guaranty and we pay the bill. Isn't that fair? 3% interest on 100 billion you never even had is a pretty good return on investment isn't it?
This is a pretty simple explanation of how our "money" is created. As you can see the fed get's a real good deal and so does the government. Both get something for nothing but promises and guarantees. You and I get the shaft. We get stuck with the bill which we have to pay for with our sweat and blood.
What is the purpose of money? It is to effect trade and store wealth, right?
We productive people all make something other people want in the form of goods and products or labor. We exchange those things for something we think is of value. This is how money came into being. Now money should have certain characteristics which qualifies it to be used as a store of value and as an exchange of value. Good money should be rare. It should be difficult to counterfeit. It should be easily transportable. It should be divisible and it should be durable. Historically gold and silver have been found to fufill all these requirements quite well. Almost all sound money systems have been based on them throughout history. And for good reason. Times change but human nature never does.
Let's see how our money stacks up against these 5 requirements. Our federal reserve notes are certainly not rare. They are just paper and paper is plentiful.
They are easy to counterfeit and the government and the fed do so daily.
They aren't very durable, being just paper which is easily destroyed by fire, water or just by ripping it up to shreds.
Our money is very divisible and transportable though so at least it has that going for it. So it fails on 3 out of the 5 categories which characterize sound money.
We have been conned and are being controlled and robbed by the very basic foundation of our economy. Our money is nothing but debt, brought into existence by the act of borrowing and it is the chains which bind us to a live of serfdom. Nothing will ever change in this country for the better, for any length of time until we abolish the federal reserve cartel and the governments ability to create money out of thin air backed by nothing but the future labors of our children. Time to end the immoral monopoly over
money which is the lifeblood of our economy.
Tuesday, October 21, 2008
"I do solemnly swear (or affirm) that I will faithfully execute the Office of President of the United States, and will to the best of my Ability, preserve, protect and defend the Constitution of the United States."
We will have a new liar soon falsely swearing this oath before he takes office and does everything but.
"I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter. So help me God."
And almost all the people who take office after the upcoming elections as either a senator or representative will also falsely swear this oath.
You know how I know? Because I have studied the constitution and I have somewhat of an understanding of what it is and why it is so important to freedom and liberty that it be followed. I know that Congress and POTUS are not following it. So either they don't understand it or they choose to ignore it willfully. The former implies they are merely ignorant and we who let them take office share most of the responsibility. The latter means they have committed treason and should be tried and if convicted, executed.
Why do I have to take a test to get a drivers license? To sell insurance? Real estate? To generate mortgages? To become an attorney? Tests and licenses are required by the government to allow all kinds of activities. What is the logic behind this testing? (I concede it doesn't ensure guarantee competence or ethical behavior) It does at least provide a measure of knowledge, though.
What test is required of those who make and enforce laws which almost invariably oppress us, the People.
Why do we let our "leaders" take power over us just because they are good at raising money and telling lies and then allow them to do so merely by swearing a false oath? Shouldn't they have to demonstrate a knowledge of the constitution? Shouldn't they have to have an understanding of freedom, liberty, sound economics and honest money?
Doesn't it make sense to at least test them to ensure they have an understanding of what they are swearing to uphold and defend?
Shouldn't they have to prove they really understand what is it and how it came about and why We the People want it upheld?
Or do we? How many of us have taken the time to read and truly understand it.
Why does it exist and what does it purport to do? Do you really know? Do you even care?
Monday, October 20, 2008
Beginning
http://moneynews.newsmax.com/headlines/bernanke/2008/10/20/142123.html
Bernanke: I Support a Second Stimulus
I read this article today about the idiot Bernanke who is running the Federal reserve System which is one of the root causes of the decline of America. I support removing Bernanke! The solution put forth by him, the head of the most powerful criminal cartel the world has ever seen is to create more debt which will guarantee further problems. We are in the state we are in because of debt. We have to much not to little. We have to much government not to little. The remedy can't be more of the same. we as Americans need to go on a fast. We need to get out of debt and start saving. Quit borrowing from our children and rein in our own greed. Live on less than we make and save for the future. All treasury notes we carry around and call money are quite simply DEBT! Our money is the opium used to keep us in a state of addiction to credit. It is the whip which keeps us in line and allows us to be controlled without our knowledge or understanding.Disagree? Go look up fractional reserve banking. It is the ultimate scam perpetrated by the elite few at the expense and detriment of the many, people like you and I.