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Friday, July 27, 2012
DEMOCRATS ADDING GUN CONTROL TO CYBER SECURITY BILL
Nullify The Private Federal Reserve:
Nullify The Private Federal Reserve: Whether Our Non Representative Congress Wants Us To Or Not!
27 Jul
Presidential Candidate Ron Paul Holding The “Silver Circle”.
It was a big day for supporters of Sound Money – as Ron Paul’s Audit the Fed Bill passed the House 326-99.
But, it still needs to get through a very hostile Senate, where it will likely never see the light of day. So in closing tonight, a new approach – Ending the Fed. Whether Congress Wants us to or Not!
But, it still needs to get through a very hostile Senate, where it will likely never see the light of day. So in closing tonight, a new approach – Ending the Fed. Whether Congress Wants us to or Not!
Harry Reid “Two Faces” Audit The Federal Reserve Bill.
Since its inception, the Federal Reserve’s monetary policies have led to a decline of over 95% in the purchasing power of the U.S. dollar. As a result, there have been several attempts to reduce or even eliminate the Federal Reserve’s powers. Louis T. McFadden led efforts in the 1930s.
Wright Patman pressed again in the 1970s.
Henry Gonzalez got things moving in the 1990s.
And, Ron Paul has led the charge for more than twenty years now 2012.
Henry Gonzalez got things moving in the 1990s.
And, Ron Paul has led the charge for more than twenty years now 2012.
In nearly eighty years, though, none of these efforts have succeeded. And, even with House passage of Ron Paul’s Audit the Fed bill, it’s highly unlikely that the imperial Senate would ever allow light to be shed on the actions of its PRIVATE financial backer.
Resistance to these efforts is seriously entrenched. But yet, a large number of people across the political spectrum want to know what goes on behind the Fed’s curtain. And with calls to audit the federal reserve reaching a fevered pitch, it’s a good time to ask the basic question – is this even a worthy effort? Not to say that you should want a secret national bank, but rather – is this kind of activism the best place for you to put your energy…and hope?
Will lobbying the Senate get Harry Reid to allow a vote? Will calling Mitch McConnell change anything? Will Barack Obama or Mitt Romney allow such a bill to pass without their veto? I believe the answer to all these questions is a big, fat NO.
Will lobbying the Senate get Harry Reid to allow a vote? Will calling Mitch McConnell change anything? Will Barack Obama or Mitt Romney allow such a bill to pass without their veto? I believe the answer to all these questions is a big, fat NO.
CARPET BAGGERS
PULLING THE RUG OUT
On the other hand, in contrast to attempts to put a stop to the Fed at the national level, a paper that William Greene presented at the Mises Institute’s “Austrian Scholars Conference” proposes an alternative approach to ending the Federal Reserve’s monopoly on the tax payers money.
United States Constitution ~ We The People!
The “Constitutional Tender Act”
is a bill template that can be introduced in every State legislature in the nation. Passage would return each of them to the Constitution’s “legal tender” provisions of Article I, Section 10: “No State Shall…make any Thing but gold and silver Coin a Tender in Payment of Debts” Such a tactic would achieve the desired goal of abolishing the Federal Reserve system by attacking it from the bottom up – pulling the rug out from under it by working to make its functions irrelevant at the State and local level.
Under the Constitutional Tender Act, the State would be required to use only gold and silver coins – or their equivalents, such as checks or electronic transfers – for payments of any debt owed by or to the State. This includes things like taxes, fees, contract payments, and the like. All such payments would be required to be denominated in legal tender gold and silver U.S. coins, including Gold Eagles, Silver Eagles, and pre-1965 90% silver coins.
The market would then require that all State-chartered banks – as well as any other bank acting as a depository for State funds – offer accounts denominated in those types of gold and silver coins, and to keep such accounts segregated from other types of accounts such as Federal Reserve Notes.
Under the Constitutional Tender Act, the State would be required to use only gold and silver coins – or their equivalents, such as checks or electronic transfers – for payments of any debt owed by or to the State. This includes things like taxes, fees, contract payments, and the like. All such payments would be required to be denominated in legal tender gold and silver U.S. coins, including Gold Eagles, Silver Eagles, and pre-1965 90% silver coins.
The market would then require that all State-chartered banks – as well as any other bank acting as a depository for State funds – offer accounts denominated in those types of gold and silver coins, and to keep such accounts segregated from other types of accounts such as Federal Reserve Notes.
But that’s not all!
Not only would the use of Federal Reserve Notes by the State be made illegal; the use of legal tender U.S. gold and silver coins would be encouraged amongst the general population too – by eliminating sanctions against its use.
HOW IT PLAYS OUT
Passage of the Constitutional Tender Act would introduce currency competition with Federal Reserve Notes by outlawing their use in transactions with the State. Ordinary people, being required to pay their State taxes in gold and silver coins, would find it necessary to conduct some transactions with metal – including the use of checks and debit cards based on bank accounts denominated in such coins.
All businesses operating within the State, being required to pay their State sales taxes and license fees in gold and silver coins, would need to do the same. Most importantly, though, in order for businesses to acquire the amount of gold and silver needed, they find it necessary to offer their goods and services in “dual currency” denominations, where customers could choose to pay in Federal Reserve Notes or gold and silver coins.
All businesses operating within the State, being required to pay their State sales taxes and license fees in gold and silver coins, would need to do the same. Most importantly, though, in order for businesses to acquire the amount of gold and silver needed, they find it necessary to offer their goods and services in “dual currency” denominations, where customers could choose to pay in Federal Reserve Notes or gold and silver coins.
This kind of “bottom up” approach to ending the Fed will have a greater likelihood of success than the “top-down” approaches we’ve seen over the years for two major reasons:
1. The top-down approach has been an utter failure. While it has succeeded greatly in an educational role, it has simply not worked tactically.
2. It’s decentralized. Political opposition won’t be as strong or well-funded on a state level. Strategies and tactics can be adapted much quicker. And, most importantly, success in one state can be a far greater educational tool – and a source of courage – for people of a neighboring state, than endless calls to a Congress which almost never does what’s right.
Support Sound Money with a TAC Medallion!
2. It’s decentralized. Political opposition won’t be as strong or well-funded on a state level. Strategies and tactics can be adapted much quicker. And, most importantly, success in one state can be a far greater educational tool – and a source of courage – for people of a neighboring state, than endless calls to a Congress which almost never does what’s right.
Support Sound Money with a TAC Medallion!
BYE BYE
Greene tells us that use of sound money would drive further use.
He writes: “Over time, as residents of the State use both Federal Reserve Notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve Notes do, will lead to a “reverse Gresham’s Law” effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve Notes). As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the State’s treasury, an influx of banking business from outside of the State – as people in other States carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve Notes for any transactions.”
Once things get to that point, Federal Reserve notes would become largely unwanted and irrelevant for ordinary people.
Nullifying the Fed on a state by state level is what will get us there. Without a single act of Congress, the Federal Reserve system can be brought to its knees.
Nullifying the Fed on a state by state level is what will get us there. Without a single act of Congress, the Federal Reserve system can be brought to its knees.
EDITOR’S NOTE:
Get the model legislation, the Constitutional Tender Act, HERE.
Read William Green’s full Scholar’s Conference paper HERE.
Michael Boldin [send him email] is the founder of the Tenth Amendment Center. He was raised in Milwaukee, WI, and currently resides in Los Angeles, CA.
Follow him on twitter – @michaelboldin, on LinkedIn, and on Facebook.
If you enjoyed this post: Click Here to Get the Free Tenth Amendment Center Newsletter,
Tenth Amendment Center
Read William Green’s full Scholar’s Conference paper HERE.
Michael Boldin [send him email] is the founder of the Tenth Amendment Center. He was raised in Milwaukee, WI, and currently resides in Los Angeles, CA.
Follow him on twitter – @michaelboldin, on LinkedIn, and on Facebook.
If you enjoyed this post: Click Here to Get the Free Tenth Amendment Center Newsletter,
Tenth Amendment Center
Related articles
- Forget DC (lewrockwell.com)
- Audit The Fed Has Passed the House 326 – 99 (patriotsandpaulies.wordpress.com)
- Contact Senator Reverend Harry Kane: Reid “Two Faces” Audit The Federal Reserve! (politicalvelcraft.org)
- The Audit The Fed Bill Gets Passed By The House But Obama And The Democrats Are Going To Kill It (judgementofamerica.wordpress.com)
- This Video Of Harry Reid Demanding A Federal Reserve Audit Will Blow Your Mind (businessinsider.com)
- Is Harry Reid The Most Hypocritical Man In The World? (zerohedge.com)
- End the Fed! Whether Congress Wants us to or Not! (txwclp.org)
- Schock: It’s time to audit the Federal Reserve (illinoisreview.typepad.com)
- The Bankruptcy of The United States… (projectworldawareness.com)
- Monopoly Money and the Federal Reserve (musicians4freedom.com)
Dinar RV Saturday ---- Bloomberg
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These financial guys from Bloomberg Financial tell you how the market will be rebalanced worldwide and how it will happen soon. They say that you will go to bed some Saturday night and wake up Sunday morning to a new financial evaluation for every currency in the world. They believe that this will happen soon.
I want to be reelected
|
Is it already too late? Excellent letter
From: John Porter
To: Americans everywhere
I was sitting at my keyboard halfway through my writing a letter to you about how Barack Obama was fulfilling his pledge to "Transform America" by "Changing the fundamentals of America", so that our government would become the plantation, he the owner, and we the slaves, when this article by Steve McCann appeared in my in box. After checking it for accuracy, and finding it so, I put my writing on hold and here present it to you, for I could not say it better.
Obama's Second Term Transformation Plans
The 2012 election has often been described as the most pivotal since 1860. This statement is not hyperbole. If Barack Obama is re-elected the United States will never be the same, nor will it be able to re-capture its once lofty status as the most dominant nation in the history of mankind.
The overwhelming majority of Americans do not understand that Obama's first term was dedicated to putting in place executive power to enable him and the administration to fulfill the campaign promise of "transforming America " in his second term regardless of which political party controls Congress. That is why his re-election team is virtually ignoring the plight of incumbent or prospective Democratic Party office holders.
The most significant accomplishment of Obama's first term is to make Congress irrelevant. Under the myopic and blindly loyal leadership of Harry Reid and Nancy Pelosi, the Democrats have succeeded in creating an imperial and, in a second term, a potential dictatorial presidency.
During the first two years of the Obama administration when the Democrats overwhelming controlled both Houses of Congres s and the media was in an Obama worshipping stupor, a myriad of laws were passed and actions taken which transferred virtually unlimited power to the executive branch.
The birth of multi-thousand page laws was not an aberration.This tactic was adopted so the bureaucracy controlled by Obama appointees would have sole discretion in interpreting vaguely written laws and enforcing thousands of pages of regulations they and not Congress would subsequently write.
For example, in the 2,700 pages of ObamaCare there are more than 2,500 references to the Secretary of Health and Human Services.There are more than 700 instances when he or she is instructed that they "shall" do something and more than 200 times when they "may" take at their sole discretion some form of regulatory action. On 139 occasions, the law mentions that the "Secretary determines." In essence one person, appointed by and reporting to the president, will be in charge of the health care of 310 million Americans once ObamaCare is fully operational in 2014.
The same is true in the 2,319 pages of the Dodd-Frank Financial Reform Act which confers nearly unlimited power on various agencies to control by fiat the nation's financial, banking and investment sectors. The bill also creates new agencies, such as the Consumer Financial Protection Bureau, not subject to any oversight by Congress.This overall < span style="font-family: Arial, sans-serif; color: purple; font-size: 14pt; ">process was repeated numerous times with other legislation all with the intent of granting unfettered power to the executive branch controlled Barack Obama and his radical associates.
Additionally, the Obama administration has, through its unilaterally determined rule making and regulatory powers, created laws out of whole cloth. The Environmental Protection Agency on a near daily basis issues new regulations clearly out of their purview in order to modify and change&n bsp; environmental laws previously passed and to impose a radical green agenda never approved by Congress. The same is true of the Energy and Interior Departments among many others.
None of these extra-constitutional actions have been challenged by Congress. The left in America knows this usurpation of power is nearly impossible to reverse unless stopped in its early stages.
It is clearly the mindset of this administration and its appointees that Congress is merely a nuisance and can be ignored after they were able to take full advantage of the useful idiots in the Democrat controlled House and Senate in 2009-2010 and the Democrat Senate in the current Congress.
Additionally, Barack Obama knows after his re-election a Republican controlled House and Senate will not be able to enact any legislation to roll back the power previously granted to the Executive Branch or usurped by them. His veto will not be overridden as there will always be at least 145 Democratic members of the House or 34 in the Senate in agreement with or intimidated by an administration more than willing to use Chicago style political tact ics.
The stalemate between the Executive and Legislative Branches will inure to the benefit of Barack Obama and his fellow leftists.
The most significant power Congress has is the control of the purse-strings as all spending must be approved by them. However, once re-elected, Barack Obama, as confirmed by his willingness to do or say anything and his unscrupulous re-election tactics, would not only threaten government shutdowns but would deliberately withhold payments to those dependent on government support as a means of intimidating and forcing a Republican controlled Congress to surrender to his demands, thus neutering their ability to control the administration through spending constraints.
Further, this administration has shown contempt for the courts by ignoring various court orders, e.g. the Gulf of Mexico oil drilling moratorium, as well as stonewalling subpoenas and requests issued by Congress. The Eric Holder Justice Department has become the epitome of corruption as part of the most dishonest and deceitful administration in American history. In a second term the arrogance of Barack Obama and his minions will become more b latant as he will not have to be concerned with re-election.
Who will be there to enforce the rule of law, a Supreme Court ruling or the Constitution? No one. Barack Obama and his fellow-travelers will be unchallenged as they run roughshod over the American people.
Many Republicans and conservatives dissatisfied with the prospect of Mitt Romney as the nominee for president are instead focused on re-taking the House and Senate. That goal, while worthy and necessary, is meaningless unless Barack Obama is defeated. The nation is not dealing with a person of character and integrity but someone of single-minded purpose and overwhelming narcissism.Judging by his actions, words and deeds during his first term, he does not intend to work with Congress either Republican or Democrat in his second term but rather to force his radical agenda on the American people through the power he has usurped or been granted.
The governmental structure of the United States was set up by the founders in the hope that over the years only those people of high moral character and integrity would assume the reins of power. However, knowing that was not always possible, they dispersed power over three distinct and independent branches as a check on each other.
What they could not imagine is the surrender and abdication of its constitutional duty by the preeminent governmental branch, the Congress, to a chief executive devoid of any character or integrity coupled with a judiciary essentially powerless to enforce the law when the chief executive ignores them
Conservatives, Libertarians, the Republican Party and Mitt Romney must come to grips with this moment in time and their historical role in denying Barack Obama and his minions their ultimate goal. All resources must be directed at that end-game and not merely controlling Congress and the various committee chairmanships.
Steve McCann
May 12, 2012
I would add but 6 words to those above mentioned, Conservatives, Libertarians, the Republican Party and Mitt Romney, to say "and we the American people also", must come to grips with this moment in time and our role in denying Barack Obama his life long goal of "transforming" us into his slaves working on his government plantation.
Please forward this to all you can, maybe together we can save America for ourselves and those who will follow a fter us.
May God bless America .
To: Americans everywhere
I was sitting at my keyboard halfway through my writing a letter to you about how Barack Obama was fulfilling his pledge to "Transform America" by "Changing the fundamentals of America", so that our government would become the plantation, he the owner, and we the slaves, when this article by Steve McCann appeared in my in box. After checking it for accuracy, and finding it so, I put my writing on hold and here present it to you, for I could not say it better.
Obama's Second Term Transformation Plans
The 2012 election has often been described as the most pivotal since 1860. This statement is not hyperbole. If Barack Obama is re-elected the United States will never be the same, nor will it be able to re-capture its once lofty status as the most dominant nation in the history of mankind.
The overwhelming majority of Americans do not understand that Obama's first term was dedicated to putting in place executive power to enable him and the administration to fulfill the campaign promise of "transforming America " in his second term regardless of which political party controls Congress. That is why his re-election team is virtually ignoring the plight of incumbent or prospective Democratic Party office holders.
The most significant accomplishment of Obama's first term is to make Congress irrelevant. Under the myopic and blindly loyal leadership of Harry Reid and Nancy Pelosi, the Democrats have succeeded in creating an imperial and, in a second term, a potential dictatorial presidency.
During the first two years of the Obama administration when the Democrats overwhelming controlled both Houses of Congres s and the media was in an Obama worshipping stupor, a myriad of laws were passed and actions taken which transferred virtually unlimited power to the executive branch.
The birth of multi-thousand page laws was not an aberration.This tactic was adopted so the bureaucracy controlled by Obama appointees would have sole discretion in interpreting vaguely written laws and enforcing thousands of pages of regulations they and not Congress would subsequently write.
For example, in the 2,700 pages of ObamaCare there are more than 2,500 references to the Secretary of Health and Human Services.There are more than 700 instances when he or she is instructed that they "shall" do something and more than 200 times when they "may" take at their sole discretion some form of regulatory action. On 139 occasions, the law mentions that the "Secretary determines." In essence one person, appointed by and reporting to the president, will be in charge of the health care of 310 million Americans once ObamaCare is fully operational in 2014.
The same is true in the 2,319 pages of the Dodd-Frank Financial Reform Act which confers nearly unlimited power on various agencies to control by fiat the nation's financial, banking and investment sectors. The bill also creates new agencies, such as the Consumer Financial Protection Bureau, not subject to any oversight by Congress.This overall < span style="font-family: Arial, sans-serif; color: purple; font-size: 14pt; ">process was repeated numerous times with other legislation all with the intent of granting unfettered power to the executive branch controlled Barack Obama and his radical associates.
Additionally, the Obama administration has, through its unilaterally determined rule making and regulatory powers, created laws out of whole cloth. The Environmental Protection Agency on a near daily basis issues new regulations clearly out of their purview in order to modify and change&n bsp; environmental laws previously passed and to impose a radical green agenda never approved by Congress. The same is true of the Energy and Interior Departments among many others.
None of these extra-constitutional actions have been challenged by Congress. The left in America knows this usurpation of power is nearly impossible to reverse unless stopped in its early stages.
It is clearly the mindset of this administration and its appointees that Congress is merely a nuisance and can be ignored after they were able to take full advantage of the useful idiots in the Democrat controlled House and Senate in 2009-2010 and the Democrat Senate in the current Congress.
Additionally, Barack Obama knows after his re-election a Republican controlled House and Senate will not be able to enact any legislation to roll back the power previously granted to the Executive Branch or usurped by them. His veto will not be overridden as there will always be at least 145 Democratic members of the House or 34 in the Senate in agreement with or intimidated by an administration more than willing to use Chicago style political tact ics.
The stalemate between the Executive and Legislative Branches will inure to the benefit of Barack Obama and his fellow leftists.
The most significant power Congress has is the control of the purse-strings as all spending must be approved by them. However, once re-elected, Barack Obama, as confirmed by his willingness to do or say anything and his unscrupulous re-election tactics, would not only threaten government shutdowns but would deliberately withhold payments to those dependent on government support as a means of intimidating and forcing a Republican controlled Congress to surrender to his demands, thus neutering their ability to control the administration through spending constraints.
Further, this administration has shown contempt for the courts by ignoring various court orders, e.g. the Gulf of Mexico oil drilling moratorium, as well as stonewalling subpoenas and requests issued by Congress. The Eric Holder Justice Department has become the epitome of corruption as part of the most dishonest and deceitful administration in American history. In a second term the arrogance of Barack Obama and his minions will become more b latant as he will not have to be concerned with re-election.
Who will be there to enforce the rule of law, a Supreme Court ruling or the Constitution? No one. Barack Obama and his fellow-travelers will be unchallenged as they run roughshod over the American people.
Many Republicans and conservatives dissatisfied with the prospect of Mitt Romney as the nominee for president are instead focused on re-taking the House and Senate. That goal, while worthy and necessary, is meaningless unless Barack Obama is defeated. The nation is not dealing with a person of character and integrity but someone of single-minded purpose and overwhelming narcissism.Judging by his actions, words and deeds during his first term, he does not intend to work with Congress either Republican or Democrat in his second term but rather to force his radical agenda on the American people through the power he has usurped or been granted.
The governmental structure of the United States was set up by the founders in the hope that over the years only those people of high moral character and integrity would assume the reins of power. However, knowing that was not always possible, they dispersed power over three distinct and independent branches as a check on each other.
What they could not imagine is the surrender and abdication of its constitutional duty by the preeminent governmental branch, the Congress, to a chief executive devoid of any character or integrity coupled with a judiciary essentially powerless to enforce the law when the chief executive ignores them
Conservatives, Libertarians, the Republican Party and Mitt Romney must come to grips with this moment in time and their historical role in denying Barack Obama and his minions their ultimate goal. All resources must be directed at that end-game and not merely controlling Congress and the various committee chairmanships.
Steve McCann
May 12, 2012
I would add but 6 words to those above mentioned, Conservatives, Libertarians, the Republican Party and Mitt Romney, to say "and we the American people also", must come to grips with this moment in time and our role in denying Barack Obama his life long goal of "transforming" us into his slaves working on his government plantation.
Please forward this to all you can, maybe together we can save America for ourselves and those who will follow a fter us.
May God bless America .
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