Archive for the ‘money’ Category

Imaginary Money

Saturday, March 16th, 2013

Where did the money come from?

For that mortgage?

For that car?

For those credit cards?

To run those corporations?

For those governments?

The little guy they call the banker (and you) dream it up out of thin air. The banker with your permission creates it by inscribing a cheap metal, printing some dollars in the back room, adding numbers to a computer.

One moment no $100. The next moment a $100 that the banker will so generously “loan” to you, to corporations, to governments. How convenient?

All you have to do is agree to pay…

…and pay…and pay.

One has to ask. Why would anyone in their right mind agree to such a system?

Yes, I understand you want that house, the car and trinkets for yourself and family. You want the life.

Do the math.

It is estimated that a good 75% to 90% of your work day goes to paying the bankers, lawyers and politicians and the corporations that support them.

Do the math.

Be sure to include all taxes, loan interest, insurance costs, your share of corporate profits and salaries and total cost of government in any form, including all its laws, regulations and control.

Who accepts crumbs when he can have a feast?

Apparently you do.

So much for loving one’s self and family.

Who would be a pauper when he can be a king?

Who accepts trinkets when he can have a treasure?

Historically speaking, paying the bankers, lawyers and politicians and their cronies, 75% to 90% is considered one step away from chattel slavery. The serf’s were better off. Indentured servants were better off. OK they didn’t have air condition.

The founders revolted at 5%.

God only asks for 10%. His is voluntary.

The bankers, lawyers, politicians and corporate CEO’s demand at least 75%.

And now the Attorney General of the United States just put in a claim for 100% aka chattel slavery.

Can you imagine running in the desert being chased by a predator drone, locked and loaded with hell fire missiles because your President determined that you are an enemy combatant?

Reminds me of Judge Dredd.

“I am the law.”

“I am judge, jury and executioner.”

This is what imaginary money brings with it.

Eventually the bankers, lawyers, politicians and corporate CEO’s wind up with all the money.

You and your family wind up with whatever the aforementioned want you to have.

As Mrs. Reagan once said, “Just say no.”

…to imaginary money.

Say yes to gold and silver.

The Correlation Between Wealth Inequality and Money Creation

Tuesday, March 5th, 2013

See any correlation between the “Actual Distribution of Wealth in America” (second set of graphs) in the above video and the graph below? The red line is the number of “dollars” aka federal reserve notes (including digits) that have been created since 1925.

FRN's

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”

Thomas Jefferson

The banks create the money.

They loan it only to those who will bring in the most, i.e., the corporations.

The lawyers and politicians follow the “money.”

The rest of us are left out in the cold.

Until we get hungry enough.

Then we tear them apart with our bare teeth.

The system collapses and some bright guys aka “founders” decide:

“[No State shall] make any Thing but gold and silver Coin a Tender in Payment of Debts;“

See the little blue line on the chart of dollars? It is the amount of gold in circulation since 1925. Fairly stable huh? While a hard money system would not do away with a few at the top and a few at the bottom it would provide all of us with a more reasonable equal opportunity.

Violence Disclaimer

Thursday, September 20th, 2012

Any mention of violence toward the Christian anointed ones (appointed by God, see Romans 13), i.e., government officials (or their associated evil ones such as bankers and lawyers), their institutions, their families, their dogs, cats or property should be interpreted strictly in the metaphorical sense.

I know, for government folks, “metaphorical” is a rather large word. The base word is a noun and is “metaphor.” It means:

noun
1.
a figure of speech in which a term or phrase is applied to something to which it is not literally applicable in order to suggest a resemblance, as in “A mighty fortress is our God.” Compare mixed metaphor, simile ( def. 1 ) .
2.
something used, or regarded as being used, to represent something else; emblem; symbol.

So when I say something like:

“I pray for the day when every banker, lawyer and politician is crucified and utilized as mile posts on every American highway as a reminder to Christians that Jesus routed the moneychangers out of the temple for their use of unjust weights and measures in God’s House (the whole world), detested lawyers for their hypocrisy and was murdered by the politicians of the state and federal government of His day.”

it should only be taken in the “metaphorical” sense.

Bankster Power and Why It Must End!

Thursday, May 10th, 2012

United States House of Representatives, Committee on Financial Services, Subcommittee on Domestic Monetary Policy & Technology, May 8, 2012

Although it has taken nearly a century, it seems that the entire spectrum of the American political establishment has finally realized the destructive power of the Federal Reserve System. Whether left, right, or libertarian, politicians are lining up to attack Ben Bernanke and the Fed’s destructive monetary policy. Where there is disagreement or lack of understanding, however, is on why the Fed’s monetary policy is destructive, how it harms the economy, and what should be done about it. Today’s hearing will examine the various proposals that have been put forth both to mend and to end the Fed. It is my hope that this hearing will spur a vigorous and long-lasting discussion about the Fed’s problems, a discussion which will lead to concrete actions once and for all to rein in the Fed.

Much confusion exists over what the Federal Reserve System actually is. Some people claim that is a secret cabal of elite bankers, while others claim that it is part of the federal government. In reality it is a bit of both. The Federal Reserve Board is a government agency, while the Federal Reserve Banks are privately-run government-chartered institutions, and monetary policy decisions are made by the Federal Open Market Committee, which has members from both the Board and the Reserve Banks.

The Federal Reserve System is the epitome of crony capitalism. It exemplifies the collusion between big government and big business to profit at the expense of the taxpayers. The Fed’s bailout of large banks during the financial crisis propped up poorly-run corporations that should have gone under, giving them an advantage that no other business in the United States would have received. The bailouts continue today, as banks maintain $1.5 trillion worth of excess reserves at the Fed, reserves which were created through the Fed’s purchase of worthless securities from banks. The trillions of dollars that the Fed has injected into the system have the goal of forcing down interest rates. But the Fed fails to realize that interest rates are a price, the price of money and credit, and that forcing interest rates down will only create an even bigger bubble and an enormous economic depression when this entire house of cards comes falling down.

The Federal Reserve is statutorily required to focus on three aims when engaged in monetary policy: full employment, stables prices, and moderate long-term interest rates. In practice, only the first two have received any attention, the so-called “dual mandate.” Some reformers have called for the full employment mandate to be repealed, in order to allow the Fed to focus solely on stable prices. But these critics ignore the fact that stable prices are not a desirable goal. After all, with increasing productivity and technological innovation, the natural trend for most goods is for prices to decrease. By calling for the prices of goods to remain stable, the Fed would have to inflate the money supply in order to counteract this trend towards price declines, pumping new money into the system and creating economic distortions. This is exactly what happened during the 1920s, as the Fed’s monetary pumping was masked by rising productivity. The result was stable prices, but the malinvestment caused by the Fed’s loose monetary policy became evident by 1929. There is no reason to expect that focusing on stable prices today would have a dissimilar outcome.

Other reformers have called for changes to the composition of the Federal Open Market Committee, the body which sets the Fed’s monetary policy objectives. On Constitutional grounds, the FOMC is undoubtedly problematic, as government appointees and the heads of the private Federal Reserve Banks work together to set monetary policy objectives that directly impact the strength of the dollar. While all of the members of the FOMC ought to be confirmed by the Senate, debates about the size of the FOMC or whether Reserve Bank Presidents should make up a majority of the members or whether they should even serve at all are largely a sideshow. While the only dissent to monetary policy decisions in recent years has come from Reserve Bank Presidents, there is no reason to think that expanding the FOMC to include more Reserve Bank Presidents would lead to any greater dissent or to any substantive changes to the conduct of monetary policy.

Another proposal for reform is for outright nationalization of the Fed or its functions. No longer would the Fed create money; that function would be taken up by the Treasury, issuing as much money as it sees fit. No longer would the Treasury issue debt to cover fiscal deficits, it would just issue new money to cover budget shortfalls. If what the Fed does now is bad, allowing the Treasury to print and issue money at will would be even worse. These types of proposals hearken back to the days of the first greenbacks, which the U.S. government began issuing in 1863. A pure fiat paper currency, unbacked by silver or gold, the greenbacks were widely reviled. Only once the greenbacks were made redeemable in gold were they accepted by the American people. The current system of Federal Reserve Notes is even worse than the greenback era in that there is no hope that they will ever be redeemable for gold or silver. The only limiting factor is that the Federal Reserve System only creates new money when purchasing assets, normally debt securities. Allowing the federal government to print money without at least a nominal check on the amount issued would inevitably lead to a Weimar-like hyperinflation.

So what then is the solution? The Fed maintains that a paper standard can be adequately managed without causing malinvestment, inflation, or other economic distortions. If the Fed were omniscient and knew the wishes, desires, and future actions of all Americans, this might be possible. But the Fed cannot possibly aggregate or act on the information necessary to engage in monetary policy. The actions of hundreds of millions of individuals, all seeking to better their position in life, acting purposefully towards that aim, cannot possibly be compiled into aggregates or calculated through mathematical equations or econometric models. Neither a single person, nor the members and staff of the FOMC, nor millions of people with millions of computers working in a new Goskomtsen will ever be able to accumulate, analyze, and act upon the information required to create a centrally planned monetary system. Centrally planned fiat paper standards such as the one currently in place in this country are doomed to failure.

This brings us to the question of the gold standard. The era of the classical gold standard was undoubtedly one of the greatest eras in human history. For a period of several decades in the late 19th century, largely uninterrupted by war, the West made enormous advances. Economic productivity increased, art and culture flourished, and living standards rose so that even the poorest citizens lived a life their forebears could have only dreamed of.

But the problem with the gold standard is that it was run by the government, which exercised a monopoly over monetary affairs. The temptation to suspend gold redemption, so often resorted to by governments throughout history, reared its head again with the outbreak of World War I. Once the tie to gold was severed and fiscal restraint thrown to the wind, undoing the damage would have required great fiscal austerity on the part of governments. Emancipated from the shackles of the gold standard, the Western world proceeded to set up a gold-exchange standard which lasted not even a decade before the easy money policies it enabled led to the Great Depression. While returning to the gold standard would certainly be far better than maintaining the current fiat paper system, as long as the government retains the power to go off gold we may end up repeating the same mistakes that occurred from 1934 to 1971 as the government went first off the gold coin standard and finally off the gold bullion exchange standard.

The only viable solution for monetary stability is to get government out of the money business permanently. The way to bring this about is through currency competition: allowing parallel currencies to circulate without any one currency receiving any special recognition or favor from the government. Fiat paper monetary standards throughout history have always collapsed due to their inflationary nature, and our current fiat paper standard will be no different. The Federal Reserve is currently sowing the seeds of its own destruction through its loose and reckless monetary policy. The day of reckoning may still be many years in the future, but given the lack of understanding on the part of the Federal Reserve’s decision makers, it is quickly coming upon us.

It is imperative that the American people be educated on the dangers of the Fed and the importance of restoring sound money. Now that nearly 50 years have elapsed since silver was removed from circulation, fewer and fewer Americans have firsthand familiarity with real money. The laying of the groundwork must begin today, so that the American people will be prepared for the day when the mirage the Fed has created evaporates completely.

Ron Paul

Ron Paul on Jay Leno

Monday, December 19th, 2011

Ron Paul’s Greatest Interview?

Thursday, November 17th, 2011

The Bankers are the Problem – Anonymous

Monday, October 3rd, 2011

“Ron Paul 2012 – Repent or Be Destroyed! America, This is Your Last Warning” – God

Thursday, September 15th, 2011

Dennis Kucinich – May 31, 2011

Wednesday, June 8th, 2011

The Last Nail

Tuesday, May 31st, 2011

Beware, Citizen! Here Are Ron Paul’s 15 Most ‘Extreme’ Positions

Monday, May 30th, 2011

In all Fairness!

Wednesday, April 13th, 2011

My dear wayward minded wife, chided me for mocking and name calling the poor benighted Jehovah Witnesses. The reasons for this, one, is because it happens to be her parents and two, because she once fell into the clutches of the devil’s hand makers thus leading her to all kinds of bizarre and ridiculous decisions even to this very day!

Yet, how else is one to respond to utter spiritual stupidity? How else should one respond to the ridiculous if not with ridicule? It is what they are asking for, isn’t it?

Yea, right the world is going to come to an end in 1975. Yes, I was dumb enough to marry one who actually bought in to that pile of crap. So I really shouldn’t be surprised about what is going on in my life now! You really had to see her at 30! She was hot and still is! All of us Son’s have at least one weakness!

Ok, in all fairness she does have one point that is well taken. It isn’t just the Jehovah Witnesses who are full of crap, the entire expanse of so-called Christianity has its mangy head crammed so far of its proverbial ass, it’s mind has become completely lost in 26 feet of intestine!

Ok time to lay it on the other Christians? To all you dumb fucks who have the audacity to call yourselves the followers of the Prince of Peace here is a question for you. Why exactly, being peaceful and all, do you spend half of your sorry fucking life working for war? Cause Jesus told you too? Or was it Paul of “I saw the light” fame?

And like the Jehovah Witnesses, your support of the money changers in the guise of the Federal Reserve will not go unpunished. Your sins will indeed be visited on your children and grandchildren if you do not cast those god-forsaken, horn bearing, devil worshiping, sons of satan out of God’s House!

Are you Son’s or subjects? You are acting like subjects worthy of ridicule and name calling. Certainly not Son’s worthy of a place in heaven.

God has but one Son and He is all of us!

There, are you happy, wife? What criticism shall I have to bear over these thoughts? If only I could walk on water like that daughter of yours!

Ron McKinney
4-13-2001

An Open Letter to my Wayward Brothers, the Jehovah Witnesses

Monday, April 11th, 2011

Ok, let us get the name calling out of the way. You are all nuts. Spiritually blind as a bat!

God is not a body. And neither are you because you are God’s Son and as such you are like Him. Yes, you currently possess a body, or at least you think you do but here again what is real and what is fantasy? I would suggest to your rational mind (yes, the one on the right) that all things physical are the illusion or fantasy and for one simple reason–all things physical change. All things spiritual do not change, by definition. Need more reason? God is spiritual. He does not change and neither does his Creation. Creation means me and you. It does not mean physical things. It is real simple. If it changes it was not Created by Our Father in Heaven.

Are we on the same page?

The above paragraph pretty much explains how hogwash most of your beliefs are.

A thousand years in the body?

Who in their right mind would want to come back as a body with all its limits and have a little when the treasures that Our Father has prepared for us in heaven is everything! When the body dies the Mind remembers who it really is and quickly forgets the littleness of this world and everything not of love because it has no value!

God offended because you do not call him Jehovah?

Again absolute hogwash. God is incapable of being offended. He is a tad bit sad that you are thinking and acting like such a moron but He knows sooner or later you’ll come around to reason. So what should we call Him? How about Father or Dad?

Birthdays and Christmas?

Oh, please, you folks really take the fun out of everything, don’t you? There is not a damn thing wrong with thinking about and celebrating that person on that person’s birthday. Our Father has no problem with you celebrating His Creation even if you only do it one day out of the year.

Government appointed by God, i.e., Romans 13?

This is a real sick belief, conjured up by a very sick mind. It is also the seeds of your own earthly slavery and eventual destruction. Or if not you, then your children or grandchildren. Governments are of the “devil” because they represent force. God does not force anyone. He merely waits for you to change your mind. There is not a dime’s worth of difference between the concept of “Divine Right of Kings” and “Government appointed by God.” They are both bullshit conjured up by the fearful mind.

Jesus tells us to pay taxes?

Yet another dose of pure unadulterated bullshit. Jesus clearly said to give God the things that are God’s. What part of everything is God’s don’t you understand? Pay for the actually services you get but no more!

Jehovah Witnesses are anti-war.

Yea, right and my uncle was a monkey, pigs fly and lawyers tell the truth. This is the biggest hypocrisy ever! Do you have any idea how much of your money the federal government spends on killing your Brothers in Christ all in your name? Pull your head out of your ass! You are a murderer, just as much as the pilot who drops bombs and the yahoo who shoots your Brothers in Christ face to face. You really think your Father and your Brother, Christ our Lord, wants you to pay for murderers to murder? If you do, you are an idiot and you need to be bound for a thousand years or till you come to your senses! Whatever you think, you will not see one day of heaven with that thought process. I guarantee it!

Ron McKinney
April 10, 2011

P.S. BTW, your support of the money system is about as anti-Christ as you can get. How soon we forget what Jesus thought of the money changers! What exactly do you think the Federal Reserve is? Yes, that is right! They are a bunch of thieving, money changing devils who have turned God’s House into a den of thieves with your support!

Canadian tax time spoof

Wednesday, January 26th, 2011

Open season on taxpayers

Wednesday, January 26th, 2011

What will they tax next?

Tuesday, January 25th, 2011

Modern Money Mechanics

Sunday, December 12th, 2010