Hello, I recently wrote an article focusing on how history repeats itself, and the history that we need to learn from has already happened! We must look back at what happened with the first two national banks, and understand the warnings our forefathers so diligently gave us. The coming days will provide great challenges, but only with-so do great societies emerge. Please let me know your thoughts, as I as well as you, wish to bring discussion to the issues on hand today.
http://thehardrightedge.com/currency/
A few excepts here, but the meat of the article is on my webpage, due to formatting reasons.
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http://thehardrightedge.com/currency/
A few excepts here, but the meat of the article is on my webpage, due to formatting reasons.
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.
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....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?
Support: H.R. 1098, the “Free Competition in Currency Act of 2011.”
WASHINGTON, DC – 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.