Liberty Forged

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

Posts Tagged ‘big government’

Judge Napolitano: The government must comply.

Posted by Jesse on March 18, 2009

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Question – what is up?

Posted by Jesse on March 12, 2009

Has this post degenerated? Or are we merely revealing the fundamentals? The nation is confronting the excesses and looking for leadership and concrete solutions to the problems and losses in prosperity and civil liberties that have been exposed – slowly but surely. Do we not need to know the function of government before we can allocate resources to it? The impetus of my arguments drive at the notion that the fundamentals in gov’t and “the economy” are being assumed, but not audited. Which is why people that I listen to for leadership make the claims that these measures we see being proposed by so many (in the three branches of gov’t) are not going to fix the problems but exacerbate them. This is why Ron Paul always stresses that we cannot address these issues without confronting the role of government in our lives. That’s why he is my President, by choice.

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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.

figure11

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

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Daily Show – Satire or Truth?

Posted by Jesse on January 29, 2009

Jon Stewart proves Obama is Bush

Result: Government continues to advance, the people remain divided. And there are those call this progress? and Change?

Real change Requires Revolution

Dissecting Obama’s Speech

Real World order is Chaotic, What is Anarchy?

crisis_1401


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Another Gun Control Video, true gun control that is…

Posted by Jesse on October 21, 2008

July 9th is Buy a Gun Day

and the debate rages…..a fitting time to release a video so much against the grain of the “mainstream”…no?

Part 1

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I would recommend “Good To Be King” by Michael Badnarik, [youtube] [google] the first Libertarian I voted for (in the 2004 election. Did it get counted? I can only assume so. Did it matter? To me it did. Whoop-de-do…

Part 2

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Part 3

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Of interest

The Worldwide Gun Control Movement, Reject UN Gun Control by Ron Paul

Bush v. the 2nd Amendment by Chris Powell

Gun Control and the War on Drugs by Anthony Gregory

Gun Control and Genocide by Gary North

Arm Yourself by Charley Reese

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