09/27/13
Among others, Thomas Jefferson warned that the financial disaster we now face would be but one of many problems paper money would visit upon us if we allowed our “leaders” to remove the backing from the currency, to wit:
“When the servants of the people are paid with something other than that which the people themselves have produced (i.e. the real, tangible products of their labors or some fixed and real medium of that exchange), the roles of master and servant will be reversed.”
It was believed by Roger Sherman and a majority of those at the Constitutional Convention that un-backed currency would so damage the fabric of the nation that they ATTEMPTED to prohibit it with these few words at Article 1, Section 10, requiring the states to enforce the prohibition: “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts;”
If the people and their states grew inattentive to this matter (and they have!), Jefferson also saw this problem ahead:
In a letter to John Taylor in 1816, he wrote, “And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
We have been “…swindling futurity…” for a long time and this is now where we find ourselves. If the government, through its banker masters at the Federal Reserve, can create “money” from thin air, they certainly don’t need ours every April 15th. That annual sheep shearing is simply an attempt to vacuum enough of the excess paper from the system to keep the rest of us from catching on to the biggest theft ring in the history of man. They have now created so much that their attempt is failing and failing badly to a point where all but the dullest among us (Obama voters and his growing cadres of personal and corporate welfare beneficiaries) are starting to “get it.”
If you understood that last paragraph, you can now make the small leap to an understanding as to why the “progressive” utopian welfare state hacks in Washington don’t give a damn WHAT you think. Their power to create all the “money” they need to fuel their infernal machine and fill the gaping maws of enough of those hoards of welfare constituents to assure their perpetual re-election means that — ready — THEY NO LONGER NEED YOU! They have become, as Mr. Jefferson predicted, our MASTERS.
That they are taking down a nation and a system that has provided more wealth, safety and abundance to more people than any other in history matters not to them. Failing to grasp the lesson of the French Revolution, they believe themselves to be above the impending disaster.
We’re running out of time to get this increasingly rapacious beast back into the cage from which we have carelessly allowed it to escape.
source: Dick Bachert
Among others, Thomas Jefferson warned that the financial disaster we now face would be but one of many problems paper money would visit upon us if we allowed our “leaders” to remove the backing from the currency, to wit:
“When the servants of the people are paid with something other than that which the people themselves have produced (i.e. the real, tangible products of their labors or some fixed and real medium of that exchange), the roles of master and servant will be reversed.”
It was believed by Roger Sherman and a majority of those at the Constitutional Convention that un-backed currency would so damage the fabric of the nation that they ATTEMPTED to prohibit it with these few words at Article 1, Section 10, requiring the states to enforce the prohibition: “No State shall…make any Thing but gold and silver Coin a Tender in Payment of Debts;”
If the people and their states grew inattentive to this matter (and they have!), Jefferson also saw this problem ahead:
In a letter to John Taylor in 1816, he wrote, “And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
We have been “…swindling futurity…” for a long time and this is now where we find ourselves. If the government, through its banker masters at the Federal Reserve, can create “money” from thin air, they certainly don’t need ours every April 15th. That annual sheep shearing is simply an attempt to vacuum enough of the excess paper from the system to keep the rest of us from catching on to the biggest theft ring in the history of man. They have now created so much that their attempt is failing and failing badly to a point where all but the dullest among us (Obama voters and his growing cadres of personal and corporate welfare beneficiaries) are starting to “get it.”
If you understood that last paragraph, you can now make the small leap to an understanding as to why the “progressive” utopian welfare state hacks in Washington don’t give a damn WHAT you think. Their power to create all the “money” they need to fuel their infernal machine and fill the gaping maws of enough of those hoards of welfare constituents to assure their perpetual re-election means that — ready — THEY NO LONGER NEED YOU! They have become, as Mr. Jefferson predicted, our MASTERS.
That they are taking down a nation and a system that has provided more wealth, safety and abundance to more people than any other in history matters not to them. Failing to grasp the lesson of the French Revolution, they believe themselves to be above the impending disaster.
We’re running out of time to get this increasingly rapacious beast back into the cage from which we have carelessly allowed it to escape.
source: Dick Bachert
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