Lehigh Valley Conservative

People today realize something is very much wrong within our money system.  The economy and financial markets are in confusion and corruption feeding on greed.  Preciseness and the undefined nature of the wrongness is not being exposed in public debate, we therefore have a sixth sense (spiritual) telling us just that; something is wrong.  This sense is call our conscience because of God’s law written on our hearts and logic with the power of reason warning us there is danger out there.  We have now progressed to the point that we have fear starting to manifest itself, even though there is no way we have figured out the problem in logical terms, and really don’t know the mechanics of what is wrong.

This fear is about to take over and bring the “Federal Reserve System” ponzi scheme crashing down on the citizens.  Allow me to give you a series of questions that need to be asked.  These questions should stimulate and provoke debate.

1. Why is the Federal Reserve System a private banking system run by private citizens not responsible to the citizens of the country, nor its government?

2.  Does the Federal Reserve System fall within the Constitution?

3.  Is the Federal Reserve System creating money with a legal bases, is there true value defining our money?

4.  Why is the relationship between money and government important?

5.  What is the economic role of money?

In the past I have gotten into heated discussions over Alan Greenspan involvement in the deception of the US. Citizen and the part he played in doing just that deceiving them. I have consistently said he knew what was happening and he was not telling the whole truth.  Here is a link  http://www.sonnet.com/usr/kidogo/  Look for Greenspan’s article published in 1966 “Gold and Economic Freedom”.

I shall be quoting a couple paragraphs from that article.

1. “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.”

2.  “The law of supply and demand is not to be conned.  As the supply of money (of claims) increases relative to the supply of tangible assets in the economy, prices must eventually rise.  Thus the earnings saved by the productive members of the society lose value in terms of goods.”

3.  This is the shabby secret of the welfare statists’ tirades against gold.  Deficit spending is simply a scheme for the “hidden” confiscation of wealth.  Gold stands in the way of this insidious process.  It stands as a protector of property rights.  If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold atandard.

4. But the opposition to the gold standard in any form—from a growing number of welfare-state advocates—was prompted by a much subtler insight: the realization that the gold standard is incompatible with chronic deficit spending (the hallmark of the welfare state).  Stripped of its academic jargon, the welfare state is nothing more than, a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.  A substantial part of the confiscation is effected by taxation.  But the welfare statists were quick to recognize that if they wished to retain political power. The amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e. they had to borrow money, by issuing government bonds, to finance welfare expenditures on large scale.

Alan Greenspan wrote it and said it, therefore is it not deception of the 10th magnitude?  These 4 points must show someone how corrupt this whole system is, where are the statesman?   The Fed and Government just put us (the citizens) trillions of dollars more in debt.

One last quote;

 “On April 19, 1993, after his speech to the Economic Club of New York, I asked Chairman Greenspan whether he still agreed with his reasoning and conclusions as cited. (see items 1-4 above) He said, “Some of my colleagues at the institution I represent do not agree with me.”  At which point I said “But you know where all of this is leading to.”  He gave me a pained look and walked on.

This confirmation by the Fed Chairman is an important insight to interpreting much of what he has spoken about in the last few years.”

Larry Parks, Executive Director
FAME

Whatever the forms and activities of the outward life; Proverbs 23:7  “as a man thinketh in his heart, so is he.”
 
Now, if any one has any question, send them to your Congressman and Senator, but I would be curious to know if any know these things to be true.