Much has been made recently about the supposed economic recovery.
A few blips in a few statistics and many believe our troubles
are all over. Of course, they have to redefine recovery as "jobless"
to account for the lack of improvement on Main Street. But the
banks have money, Wall Street is chugging along, and the administration
would like to get on with other agendae.
They have even set up a commission to investigate the crisis
as if it were all in the past.
The truth is that Americans are still losing jobs, the Fed
is still inflating, and more regulations are in the works that
will prevent jobs and productivity from coming back. We are
on this trajectory for the long haul. The claim has been made
many times that this administration has only had a year to clean
up the mess of the last administration. I wish they would at
least get started! Instead of reversing course, they are maintaining
Bush's policies full speed ahead. They are even keeping the
Bush-appointee in charge of the Federal Reserve! They are not
even making token efforts at change in economic policy. And
for all the talk of transparency, we hear that some powerful
senators will do all they can to block a simple audit of the
powerful and secretive Federal Reserve.
We have been on a disastrous course for a long time. The money
supply has doubled in the last year, our debt is unsustainable,
the value of the dollar is going to continue its drop, and those
Americans who understand where we are headed feel helpless and
held hostage by foolish policy makers in Washington. When the
bills finally come due and the dollar stops working we are in
for some real social, economic and political chaos. That is,
unless we take some major steps now to allow for a peaceful
transition in the future. These steps are laid out in my legislation
to legalize competing currencies.
First of all, no one should be compelled by law to operate
in Federal Reserve notes if they prefer an alternative. We should
repeal legal tender laws and allow Americans to conduct transactions
in constitutional money. Only gold and silver can constitutionally
be legal tender, not paper money. Instead, it is illegal to
conduct business using gold and silver instead of Federal Reserve
notes. Simply legalizing the Constitution should be a no-brainer
to anyone who took an oath of office. Consequently, private
mints should be allowed to mint gold and silver coins. They
would be subject to fraud and counterfeit laws, of course, and
people would be free to use their coins or stay with Federal
Reserve notes, as they see fit. Finally, we should abolish taxes
on gold and silver, which puts precious metals at a competitive
disadvantage to paper money.
The Federal Reserve is a government-sanctioned banking cartel
that has held far too much power for far too long and is in
the end stages of running the dollar into the ground, and our
economy along with it. The very least Congress can do, if they
are not willing to abolish the Fed, and perhaps not even conduct
a serious audit of it, is to allow citizens the freedom to defend
themselves from being completely wiped out by their monopoly
power.
"When the people find they can vote themselves
money, that will herald the end of the republic."
- Fall Of The Republic - Buy
the DVD here
