Money and Ethics
Aug 28th, 2010 by Randy Toman
Again I’ll be starting by quoting from “Miles Franklin” e-mail newsletter (August 27, 2010). Page 6—-we have this.
“An almost hysterical antagonism towards the gold standard is one issue which unites statists of all persuasions. They seem to sense—perhaps more clearly and subtly than many consistent defenders of laissez-faire—that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.”
“From “Gold and Economic Freedom” by Alan Greenspan, 1966, written before “Maestro Greenspan sold out on gold, and went for the glory and the money.”
http://www.constitution.org/mon/greenspan_gold.htm
If there was a person on this planet that anyone could point there finger at, who could be most blamed for creating the path that we are on, it would have to be Mr. Greenspan. All the bubbles that burst, high tech, housing, where on his watch, he opened up the gambling with the people’s money like no one in the history of money. The people started with complete “Confidence” in both government and their money system back when he picked up the baton of leadership and by the time he left office we were ready for Uncle Ben and Obama.
The United States had and still is digging itself deep into debt and saving every little for its future generations. The people have no idea what it will be facing in the not to distant future when things turn South and the dollar become worthless. “Miles Franklin” David Schectman editor has been, through his newsletter, alerting and warning the folks out there, to no avail, not getting many people to listen.
Let me give you a few quotes from Mr. Schectman’s newsletter—-page 4 & 5.
“Iran imported 23 tons of gold in the four months ending July 22, the state-run Fars news agency reported.”
“I simply cannot emphasize enough that anyone owning U.S. Treasury Bonds, or other bonds related to anything in the U.S. government, need to sell now!”
“The world as we have all known it-at least here in America- is already changing rapidly for the worse. But I believe this is just the warm up for something much more sinister and destructive- currency crisis that massively devalues, if not destroys, the U/S. Dollar, and with it all your savings.”
The corruption of a system plus the power and greed of the politician and bankers add up to something that is spoken of in the Bible.
Leviticus 19:36
“Just balances, just weights- shall you have: I am the Lord your God,–”.
Proverbs 20: 10
“Divers weights, and divers measures, both of them are alike abomination to the Lord.”
Proverbs 20:23 Repeats the same Law of God as verse 10.
Micah 6:11 If you might have some doubts as to what is being said this should clear it up.
“Shall I count them pure with the wicked balances, and with the bag of deceitful weights?”
For you see, not only has the FED gotten away with the abomination, but we have left them do it, initially to the poor and now it is going to shallow up the middle class and there will be but two classes poor and super rich elitist class.
We have this from Ron Robins of “Founder & Analyst- Investing for the Soul”
http://investingforthesoul.com/Main%20Pages/ron_robins_mba.htm
In the article “The Ethics of Gold”
http://www.gold-eagle.com/editorials_08/robinsr082410.html
“The rising price of gold stands as the ethical barometer of the mismanagement of our fiscal, monetary, and currency systems.”
“The central banks and government treasuries, particularly those of the US, Europe, and Japan, have been weakened and our trust in them eroded. For decades they assured us that only they and their paper currencies and fractional reserve banking systems can keep our economies growing forever. They are now failing for all to see. And before the ships of state sink and economies further submerge they bail out their banking friends.”
“The monetary and currency systems and organizations responsible for them are deteriorating because they essentially lack an ethical standard. That is not to say that most individuals in these organizations are unethical. It is that as organizations they implemented policies over the past several decades that knowingly-or they should have known-would eventually lead to great financial and economic hardship.”
We shall see —-don’t you think?