Original Article/Sources found at: http://thehardrightedge.com/currency/ A Den of Vipers and Thieves For some, the upcoming dollar extinction event will be completely unexpected. For others, the coming days may be seen as the unraveling of the greatest silent oppression story humanity has ever had the displeasure of calling reality. Mislead by the deceitful words from generations of countless "professional politicians", the lives of all Americans will be forever changed over the next two years, no person to be excluded. We now live in a society where lies are presented as truth, military imperialism is justified in the name of humanitarianism, and more debt continues to be issued to "promote" economic health and stability. The long-run is not in focus, and short-term perspective is constantly subject to manipulation . The staples of life, such as the food we eat, the water we drink, the education we receive, and the medical practices developed have all fallen victim to the hands of profiteer-ism, lacking respect for the well-being of the population, better known as crony capitalism. America's children have been taught to memorize, repeat, and to be entertained. We have been told that we are nothing without a college degree, in which many are forced to take out student loans in which opens the precedent to a life of debt. What sort of precedent is this setting our future up for? (Approaching one trillion dollars... larger than all credit card debt).
(Image Source Here) Our media has been hijacked, as responsible journalism has all but vanished from the mainstream arena. Many complain about specific networks or mediums, when in truth it matters not which different "race" of news one mentions, for they are all fed by the two dominant mainstream news sources, Reuters and Associated Press.
Our economy has been morphed from a goods producing private sector, into a government-subsidized welfare state. The basis for what is left of the American economy depends on consuming cheap goods, many in which come from China and other openly oppressed nations. Regardless of this known fact, the American Public and the U.S. government adopt the "out of sight, out of mind" philosophy with respect to ethics and morality of the exploited labor. If this was truly the land of the free, why do we play benefactor to the exploitation of labor trade?
(Image Source Here) So it is no wonder why in these times, so many are confused, angry, and even frightened about what the future holds. For those who are opening up to the world, they are greeted by the many harsh unspoken realities in which this world is founded upon. And for those who remain unaware, the life they have known seems to be changing at an increasing rate. Both types of people are left asking why? The answer is quite straightforward, yet elegantly complicated in its delicacies. To understand why all these illusions are converging upon the next several years, one must look at the common denominator among these large and complex lies, or the heart of the beast one may say, currency (money).
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Many Americans have little knowledge about the history and role of currency within the United States, a byproduct of our poor education system and falsely presented history. Even if one has learned about the history of banking and currency in the public education system, depending upon the perspective it was taught from, the education may very well have instilled falsities as truth, creating democracy's biggest foe, a mis-informed public. The phrase history repeats itself is often said, making it highly appropriate to compare opposition to America's first two private central banks, to the times we currently live within. In 1791, the first national bank of the United States was passed into law, much to the suspicion of the southern states. In the mandates of its creation, this bank was to be a privately owned business, and not a government agency. Like most Southern members of Congress (indeed like most members of Congress in general), neither Secretary of State Thomas Jefferson nor Representative James Madison had any particular interest in two of Hamilton's tripartite recommendations: the establishing of an official government Mint, and the chartering of the Bank of the United States. They believed this centralization of power away from private banks was dangerous to a sound monetary system and was mostly to the benefit of business interests in the commercial north, not southern agricultural interests. They furthermore argued that the creation of such a bank violated the Constitution, which did not list the creation of a Bank of the United States or of a government mint among the expressed powers allowed to the federal government. Source: http://en.wikipedia.org/wiki/First_Bank_of_the_United_States In 1811, when the bank's charter was up for renewal, it was rejected by the House of Representatives, for there were just enough congressman who saw through the bank's corruption, for the legislation was rejected by one vote for a tally of 46-45 in favor non-renewal. In 1812, a war broke out between England and the United States. While there are many repeated stories of why this war started, it may prove more fascinating to examine the consequences of this costly war the United States of America suddenly found itself within. Could it be that the War of 1812 was nothing more than a tactical move by the English banking elite to push for the creation of the second national bank in which they could control/influence, after the first vanished to history by the democratic process? The Second Bank was chartered by many of the same congressmen who in 1811 had refused to renew the charter of the original Bank of the United States. The predominant reason that the Second Bank of the United States was chartered was that in the War of 1812, the U.S. experienced severe inflation and had difficulty in financing military operations. Subsequently, the credit and borrowing status of the United States were at their lowest levels since its founding. Source: http://en.wikipedia.org/wiki/Second_Bank_of_the_United_States Regardless of the causes, America was essentially forced to adopt the creation of the second private national bank.
The second National Bank of the United States was to meet the same fate as of the first. America had elected a southern president who didn't take kindly to the private national bank, for President Andrew Jackson had a bone to pick. In 1836, President Andrew Jackson with the American Public behind him wrote in closing the second national bank: (Source Here) Gentleman, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. Andrew Jackson, (7th US President,when forcing the closure of the Second Bank of the US in 1836)
(Image Source Here) Upon understanding a basic history of America's historical battle with central banking, a new context of the Federal Reserve is able to be observed. Since the unconstitutional creation of the Federal Reserve in 1913 (America's third private central bank), the timeless warning from Thomas Jefferson has echoed loudly throughout the last 100 years of monetary policy.
Below is a chart of the DOW Index divided by the price of gold. In a step by step methodology, I will follow the inflationary/deflationary cycle that has enabled and amplified the role of central planning since the creation of the Federal Reserve in 1913. This information warrants strong evidence that Federal Reserve and its policymakers/supporters are responsible for the homelessness that is being forced upon the American Public, by a small group of private bankers and special interests. The perpetrators are likely the very same influences in which supported the first two American national banks. The solution to this problem is found within Jefferson's analysis, as the issuance of currency must be returned to the people, and stripped from the private banking interests who are enabled from the power entrusted upon them. Thomas Jefferson's warning the coming generations of the hidden dangers that faced America: (Source Here) I believe that banking institutions are more dangerous to our liberties than standing armies. 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 [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. Thomas Jefferson (Attributed)
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How the Federal Reserved Robbed the American Public, Per Jefferson's Warning: (Inflation Statistics Here) Central Bank Established: December 23rd, 1913. While many congressman were at home with their families for the holidays. First by inflation: January 1914-September 1929, Government Reported Inflation: +74% Then by deflation: October 1929-December 1939, Government Reported Inflation: -19.08% Then by new policy: 1933: US Government makes US Dollar no longer redeemable for gold bullion by American citizens, effectively removing the population off of the gold standard. Then by Inflation again: January 1940-August 1971, Government Reported Inflation: +193.53% Then by more new policy: (Federal Reserve note adopts full issuing power of nation's currency) August 1971: The Bretton Woods Agreement; Termination of the gold standard and the creation of the dollar as the world reserve currency, backed only by the trust that the Federal Government would be able to repay its accumulated debt (Wikipedia Source Here) The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate by tying its currency to the U.S. dollar and the ability of the IMF to bridge temporary imbalances of payments. On August 15, 1971, the United States unilaterally terminated convertibility of the dollar to gold. As a result, "[t]he Bretton Woods system officially ended and the dollar became fully 'fiat currency,' backed by nothing but the promise of the federal government." This action, referred to as the Nixon shock, created the situation in which the United States dollar became the sole backing of currencies and a reserve currency for the member states. And since, much more inflation: September 1971-July 2011 Government Reported Inflation: +453.73% And the grand finale, unfolding in front of our very eyes: Corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. American history is young, fragile, and experimental. Yet we as a people have become complacent, docile, and void of the ability to critically think. In order to truly "win" the future, we must understand how we got here as a nation, and the lessons of the past must be understood in context of today. History only repeats itself because participants are unaware of their predecessors, which is far from the case today. Through understanding past mistakes, we are able to make proper decisions for the future. While these circumstances may not be our individual fault, it is our responsibility as free individuals to consider facts and opinions of those who say otherwise, for it is always from the minority does the new majority become. There is no better current-day example of this than Ron Paul, the current guardian of the founding father's vision, and the philosophy of liberty in which sparked my own intellectual journey.
Below is a confrontation between Ron Paul and Ben Bernanke (Private FED Chairman). One is telling the truth, while one is lying. You decide. http://www.youtube.com/watch?feature=player_embedded&v=2Dj9v9s9buk It is important to understand that throughout human history, civilizations haven risen and fallen, and the citizens who lived at the endpoints of a major civilization were much the same as you and I. Citizens of the Roman Empire probably could not imagine what was to come, as many innocent people were just a product of their times. The same does not have to be for us, but in order for change, we must change ourselves before it is to late. If we unite together in the cause of liberty, there is a chance for something special to happen in this world. However, if we continue to divide ourselves and see each other as our own enemies, then we will surely meet the fate that all empires have followed. One of the reasons for the success of the Roman Empire was that the Romans treated their Empire as the world. In other words, the world was equated with the Empire. This belief formed the social cement which kept the Empire sustained. However, this bond, this social cohesion, was temporary at best. There were, after all, forces outside the Roman Empire which were eating away at the Empire itself. And regardless of whether we accept the fact that Rome fell as a result of internal pressure or invasions from the outside, or both at one and the same time, one thing is abundantly clear: Rome fell, and did so with a loud noise. It would take Western Civilization nearly ten centuries to recover and refashion a world which could be the rival of the civilization of Rome. Steven Kreis, http://www.historyguide.org/ancient/lecture14b.html If we as a country are willing to rise up and help ourselves, then the first step in a long journey finds ourselves repeating history once again.... for all that is needed to begin restoring the damage by a few is another "one-vote win" to change the course of history. I will be here journeying alongside you in this quest for freedom, for your future is inherently tied to mine. Humbly and Respectfully, Scott J --------------------------------------------------------------------------------------------------------------------------------Support: H.R. 1098, the "Free Competition in Currency Act of 2011." WASHINGTON, DC â€“ Congressman Ron Paul, Chairman of the Domestic Monetary Policy and Technology Subcommittee, announced today that the subcommittee will hold a hearing on legislation to restore sound money to the economy through competition. H.R. 1098, the Free Competition in Currency Act of 2011, would allow competitive free market forces to provide sound money through choice in currency. The bill repeals federal legal tender laws, repeals restrictions on private mints, and repeals taxes on gold and silver which prevent them from circulating as forms of payment. The hearing will discuss the need for and efficacy of sound money, the means by which sound money can be achieved through measures such as H.R. 1098, and the constitutional role of government in money. "For too long the Federal Reserve has exercised a monopoly on currency issuance," Chairman Paul stated. "The result, predictably, has been an increasingly devalued dollar. We have been experimenting with a pure fiat currency system nationally and internationally for 40 years, and it has been proven unsound and unsustainable. Our fiat system helped create the massive debt crisis we find ourselves in, and has eroded the purchasing power of every American. The American people deserve to have a choice of currencies to protect themselves and their families from the poor decisions of government. Serious monetary reform is
needed, and this hearing is the first step towards addressing this crucial issue. I am pleased that the subcommittee will be examining ways to return to sound money," Paul continued.
Published on Sep 15, 2011
A brief history of our forefathers and central banking, and how it all plays into current day issues. They say history repeats itself, but...