Monday, November 7, 2011
Summing Up The Federal Reserve
The Federal Reserve was created on December 23, 1913. In was created in response to the many financial panics that took place in the early nineteenth century. It is what is known as a "central bank". A central bank is an institution that produces the currency of an entire nation. Two specific powers are inherent in the central banking process: interest rates and money supply aka inflation. A central bank does not simply supply the economy with money, it loans it out with interest. It is imperative to understand that there is only one possible outcome from this practice in the long run, DEBT. Every single dollar from the central bank is loaned at interest. This means that when a dollar is loaned out the cost is really that dollar plus "x" amount of immediate interest. Since the Federal Reserve has a monopoly on the production of currency for the entire nation and they loan each dollar out with immediate debt attached to it, where does the money to pay for the debt come from? Well, it can only come from the central bank again. This means that the central bank has to perpetually increase its money supply to temporarily cover this outstanding debt it created which, in turn, since that new money is loaned out at interest as well, creates even MORE DEBT. The end result of this system, without fail, is slavery, for it is possible for the government and thus the people to ever come out of this self-generating debt.
Sunday, November 6, 2011
Presidential Election 2012
The televising for the 2012 election is well under way and there are already many faces being thrown at us from all angles through tv, internet, and radio. During these election processes it is imperative to pay full attention to every attribute of each candidate, for if you choose the perfect one to vote for it is almost a certainty that everything in the US will, most likely, turn towards a kind of euphoria similar to the 1950's and early 1960's. No really, and usually the best candidate is usually the one that is polled, just prior to the election, as the "front-runner". A vote for that person is a vote for liberty and America! But wait, lets think about this for a second. How did these candidates find there way onto your television screen? Into your computer? Well these are good questions. See, when a practicing politician wants to become president they begin a process that leads to being considered for nomination. Now, there aren't really any experience oriented requirements for applying for this job other than the explicit ones listed in the constitution, so its usually not too important. So a politician wants to become president, well not just any politician can become president. You have to be smart, decisive, and responsible. Now, being from a respectable family or being rich doesn't hurt either, you understand. If a politician wants to be president they must choose to run as either a democrat or a republican because everyone knows the green party is a laugh. So, the politician decides which party to try and get the nomination for, but if the party they want to run for already has a party member in office then they usually wait until the next incumbent free election. When their turn comes around I'm sure they are probably trembling with excitement. Here's where the politician meets their greatest challenge, achieving support from either his fellow politicians or, the only other bodies that hold material power in this country, corporations. See, they have money, you understand. How is anyone supposed to get people to vote for them if they can't go around the country and campaign? Make tv ads? Magazine ads? Interviews in national newspapers? But wait, who does the power lie with then? Could it be that the heads and ceo's of these corporations have figured out their influence? No, it's not possible, they're just good patriotic Americans like ourselves who make things for the American working man because that's who they are and that's who they care about. But why then do these people care about politics? If they truly are dedicated, entirely, to the quality of life of all the Americans they provide why do they care about the government that controls them? Well it's simple, if they can have some influence in the way the country is run they can have even more power than is already given to them by their economic upper-hand. They can find ways to help there business running smoothly without ever having to take any hit to their profit or net value. You understand, a business's bottom line is the result of all it's efforts. This means the bottom line is what is most important. Right? You understand.
I'll tell what I know. If our founding father somehow magically heard that, in the future, there would be a profession known as being a "politician" they would have probably called off the entire American experiment. The process by which an American citizen is represented has been warped, skewed, and mutilated beyond any state that would even come close to what George Washington would have envisioned. If there is to be true representation in America than politicians can no longer be just that, politicians. Our leaders need to be the ones that relate to us closely. People like the scientists that work everyday to cure cancer. I'm sure they've got some goo ideas of where our national spending should go. Or how about a college professor or any school teacher? They've probably got some changes in mind.
I'll tell what I know. If our founding father somehow magically heard that, in the future, there would be a profession known as being a "politician" they would have probably called off the entire American experiment. The process by which an American citizen is represented has been warped, skewed, and mutilated beyond any state that would even come close to what George Washington would have envisioned. If there is to be true representation in America than politicians can no longer be just that, politicians. Our leaders need to be the ones that relate to us closely. People like the scientists that work everyday to cure cancer. I'm sure they've got some goo ideas of where our national spending should go. Or how about a college professor or any school teacher? They've probably got some changes in mind.
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