Liberty Forged

the State has no money of its own, so it has no power of its own. ` Nock

Archive for the ‘family’ Category

Finally! An explanation for the economic crisis!!

Posted by Jesse on February 6, 2009

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Keynes wants a World Central Bank – Congress is allowing it to happen

Posted by Jesse on February 5, 2009

For more on the subject of monetary policy and centralization of the economy click on the Rockwell Podcasts links to left.

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Before the US House of Representatives, February 4, 2009, introducing the The Federal Reserve Board Abolition Act, H.R. 833.

Madame Speaker, I rise to introduce legislation to restore financial stability to America’s economy by abolishing the Federal Reserve. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve’s inflationary policies. This represents a real, if hidden, tax imposed on the American people.

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial “boom” followed by a recession or depression when the Fed-created bubble bursts.

With a stable currency, American exporters will no longer be held hostage to an erratic monetary policy. Stabilizing the currency will also give Americans new incentives to save as they will no longer have to fear inflation eroding their savings. Those members concerned about increasing America’s exports or the low rate of savings should be enthusiastic supporters of this legislation.

Though the Federal Reserve policy harms the average American, it benefits those in a position to take advantage of the cycles in monetary policy. The main beneficiaries are those who receive access to artificially inflated money and/or credit before the inflationary effects of the policy impact the entire economy. Federal Reserve policies also benefit big spending politicians who use the inflated currency created by the Fed to hide the true costs of the welfare-warfare state. It is time for Congress to put the interests of the American people ahead of special interests and their own appetite for big government.

Abolishing the Federal Reserve will allow Congress to reassert its constitutional authority over monetary policy. The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy.

In fact, Congress’ constitutional mandate regarding monetary policy should only permit currency backed by stable commodities such as silver and gold to be used as legal tender. Therefore, abolishing the Federal Reserve and returning to a constitutional system will enable America to return to the type of monetary system envisioned by our nation’s founders: one where the value of money is consistent because it is tied to a commodity such as gold. Such a monetary system is the basis of a true free-market economy.

In conclusion, Mr. Speaker, I urge my colleagues to stand up for working Americans by putting an end to the manipulation of the money supply which erodes Americans’ standard of living, enlarges big government, and enriches well-connected elites, by cosponsoring my legislation to abolish the Federal Reserve.

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The Insolvency of the Fed

Since August 15, 1971 the US dollar has been an irredeemable paper currency. Every irredeemable paper currency in history has failed. Yet, the experiment of the US dollar and the rest of the fiat paper world continues.

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Average of World Central-Bank Interest Rates (FED, BOJ, BOE, ECB, Switzerland)

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Ideology – Washington scared, radicals prohibited.

Posted by Jesse on February 1, 2009

*Mainstream politics is empowered and promotes its own stimulus while the radicals remain on the fringe and marginalized more than ever. (Mainstream is not sustainable, by definition it is a trend. Radicals are principled.)

Here is a partial list of the definition of ideology:

  • political orientation: an orientation that characterizes the thinking of a group or nation
  • An ideology is an organized collection of ideas. An ideology can be thought of as a comprehensive vision, as a way of looking at things (compare Weltanschauung), as in common sense (see Ideology in everyday society below) and several philosophical tendencies (see Political ideologies), or a set …
    en.wikipedia.org/wiki/Ideology
  • Doctrine, philosophy, body of beliefs or principles belonging to an individual or group; The study of the origin and nature of ideas
    en.wiktionary.org/wiki/ideology
  • ————————————-

Propaganda from the Middle of the Road [Fair.org]

When mainstream journalists tell me during debates that “our news doesn’t reflect bias of the left or the right,” I ask them if they therefore admit to reflecting bias of the center. Journalists react as if I’ve uttered an absurdity: “Bias of the center! What’s that?”

Washington is afraid of being framed.

In order to gain the publics favor, a populist message has to be presented, and with it, an image. That image, Obama tells the people, is “us”. “We” are the ones we have been waiting for. He is framing the issue, and that frame contains a mirror.

“We” know that the government is not representing “we” the people. The public wants change. Why else did Obama win?

While people ma interpret Obama’s message as empowering it is crucial to note the fallacy.

Audacity of Ideology (found at OpenLeft.com)

For the past two years, Barack Obama has made it hard for anyone to pin him down philosophically.

most of his references to ideology are disdainful and dismissive.

This idea of fostering a political agenda without ideology is confusing and dangerous. The impression becomes that law has the potential to change at will.  A law that can change in such ways is not law, but folly. Given that government has a monopoly on enforcement, it is imperative that ideology be known.

[Audacity of Ideology]:

Obama regularly offers three telltale notions that will define his presidency — if events allow him to define it himself: “sacrifice,” “grand bargain” and “sustainability.”


And there you have it. The selling points. These are Obama’s investments, banking on the intellect of the American people. Sacrifice is inevitable, so give it up. The grand bargain is what he is selling, and you have no choice but to buy it (sacrifice). And sustainability is the alleged final outcome. Of course, there is no contract and hence no guarantee. The only guarantee is that the people will pay.

When I turn on the news, or read articles, it seems obvious that people don’t even know what to expect from this administration or congress. They don’t even know what they are paying for!

No wonder so much time and money is being spent in the alleged attempt to induce confidence!

Washington is bankrupt financially and intellectually. So they throw around fake money to buy time to come up with an idea.

Meanwhile ….the people fight, and government gets fat n happy.



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A Powerful perspective on “Illegal” Immigration

Posted by Jesse on January 30, 2009

Posted in *Take Action, afghanistan, america, anarcho capitalism, anarchy, antiwar, barack obama, campaignforliberty, capitalism, collectivism, Constitution, culture, Current Events, democrat, economics, economy, Education, election 2008, family, free market, government, healthcare, history, Libertarian, life, media, middle east, news, panarchy, Politics, republican, revolution, Rights, Ron Paul, socialism, society | Tagged: , , , , , , , , , , , , , , , , , | Leave a Comment »

“We” WANT to believe politicians – ABC’s 20/20 tells all.

Posted by Jesse on January 30, 2009

Part 1 sets the precedent

Part 2 exposes the governments hypocrisy and propaganda on the “economic crisis”

part 3 shows how people are rebuilding new orleans and the government is a nuisance.

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