Saturday, June 21, 2014

'In the event of an emergency, the cabin crew will be the ones carrying the liquor kit'

'In the event of an emergency, the cabin crew will be the ones carrying the liquor kit': Extravagant male flight attendant's hilarious safety speech takes web by storm

Southwest Airlines have officially started a new trend when it comes to pre-flight safety demonstrations.
Two months after flight attendant Martha 'Marty' Cobbs became a YouTube star after a video of her regulation monologue became an international sensation, another employee at the airline has gone viral thanks to a similar spiel.
The unnamed steward had his cabin cackling in laughter after delivering a series of jokes during a flight from San Francisco to Chicago on June 17.
'In the event you haven't been in an automobile since 1960, flight attendants still have to show you how to fasten a seatbelt,' he said, as seen in a video posted to YouTube.
Scroll down for video
Star of the skies: This Southwestern steward is the latest employee of the airline to go viral in as many months thanks to his hilarious pre-flight safety demonstration
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Star of the skies: This Southwestern steward is the latest employee of the airline to go viral in as many months thanks to his hilarious pre-flight safety demonstration
The flamboyant flight attendant made light of the mandatory safety briefing, with a video of his monologue quickly spreading on social media
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The flamboyant flight attendant made light of the mandatory safety briefing, with a video of his monologue quickly spreading on social media
'That seatbelt needs to be low and tight across your hips just like the hot pink Speedo I'm going to be wearing when I finally get the three of us to a hotel hot tub tonight.'
The video has received almost 85,000 views.
YouTube poster David London said the steward threw a cocktail party halfway through the flight.
'Folks, if you don’t like the jokes or the service today, there are six ways out of this airplane,' he said, indicating the exits.

 

Elise May, Inflight Aviation Safety Action Program (ASAP) at Southwest Airlines said at the IATA Cabin Operations Safety Conference in Madrid that the company is fun-loving and that they encourage employees to be creative with their jobs while still following procedure.
'As long as all of the Safety and regulatory requirements are met, our Flight Attendants are encouraged to make onboard Safety briefings engaging through the use of humor, song, or other individual twists,' May told travel website Skift.  
Southwest flight attendant delivers hilarious safety speech
'One example of this is Flight Attendant Marty Cobb, who recently made a splash when her comedic pre-flight briefing went viral. 
'Marty is just one example of the fun-loving spirit that Southwest Employees exhibit every day to further enhance our safety culture.'
Cobb's video caused such a splash that she was contacted by Ellen DeGeneres and appeared on the comedienne's show. 
Hilarious SWA Flight attendant keeps 'em chuckling

The night sky as you've never seen it before: Stunning photos reveal the beauty and colours of the cosmos in high definition

The night sky as you've never seen it before: Stunning photos reveal the beauty and colours of the cosmos in high definition

·        Photos from astronomy contest showcase various night sky sights, with the winning photo from the Alps in Italy
·        The incredible images range from auroras above a waterfall to the Milky Way glistening over a volcano
·        The contest has been organised annually since 2009 by the international programme The World at Night
·        But it is also intended to show how light pollution is affecting our night skies for the worse
·        The competition encourages photographers 'to push their cameras to their technical limits' said judge David Malin

Capturing glorious images of the cosmos is no mean feat; not only do photographers need to have the technical know-how to focus on celestial objects, but they also have to contend with light pollution.
That makes the incredible entries into the 2014 International Earth and Sky Photo Contest all the more impressive as they showcase the wonders of the night sky.
From a magnificent view of the Milky Way rising above a volcano in the southern Indian Ocean, to the enchanting glow of the zodiacal light over the coast of Oregon, the winners of the fifth annual Earth and Sky Photo Contest highlight the natural beauty of the universe above our heads.
Scroll down for a video slideshow of all the winners and other notable entries
The first prize in the Against the Lights category (and the overall contest winner) went to Giorgia Hofer of Italy for her photo 'Light in the Sky' taken on 1 January 2014 from Cibiana Pass in the Dolomites (Alps), northern Italy. It shows part of the Big Dipper (the prominent part of the Ursa Major constellation) between rays of light
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The first prize in the Against the Lights category (and the overall contest winner) went to Giorgia Hofer of Italy for her photo 'Light in the Sky' taken on 1 January 2014 from Cibiana Pass in the Dolomites (Alps), northern Italy. It shows part of the Big Dipper (the prominent part of the Ursa Major constellation) between rays of light
Organised since 2009 by the international programme The World at Night, the contest is a collaboration with the science-education group at the National Optical Astronomy Observatory and Global Astronomy Month, a programme of Astronomers Without Borders.

THE WORLD AT NIGHT CONTEST

The World at Night is a global photography and astronomy outreach program in partnership with Astronomers Without Borders.
The aim is to produce and present a collection of stunning photographs of the world’s most beautiful and historic sites against the night-time backdrop of stars, planets, and celestial events. 
The eternally peaceful sky looks the same above all symbols of different nations and regions, attesting to the truly unified nature of Earth as a planet rather than an amalgam of human-designated territories.
The contest entries are so-called ‘nightscape’ images - photographs showing the night sky and the terrestrial landscape - with special attention to astronomical perspectives and celestial phenomena.
This is also known as landscape astrophotography and is sometimes referred to as The World at Night-style photography.

More...

The contest was open to anyone of any age, anywhere in the world, and to both professional and amateur or hobby photographers.
‘This competition encourages photographers with imagination to push their cameras to their technical limits and to produce eye-catching images that appear perfectly natural and are aesthetically pleasing,’ said British-Australian astronomer and judge David Malin.
‘Hundreds of nightscape photographers from across the world rose to the challenge, and the panel of nine judges was ultimately faced with finding the best from almost 800 images.’
‘We are pleased to see contributions this year from new countries in which night-sky photography is emerging, as well as nightscape images taken in the countries and areas less exposed to landscape astrophotographers,’ added Babak Tafreshi, The World at Night director and co-founder of the contest.
The first prize in the Beauty of the Night Sky category went to Luc Perrot from Réunion Island of France (southern Indian Ocean), for his image 'Over the Top' captured on 28 February 2014. In the image a volcano in the Reunion Island peaks out of a sea of clouds and rests under stars
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The first prize in the Beauty of the Night Sky category went to Luc Perrot from Réunion Island of France (southern Indian Ocean), for his image 'Over the Top' captured on 28 February 2014. In the image a volcano in the Reunion Island peaks out of a sea of clouds and rests under stars
The second place winner in the Beauty category was Ben Coffman of Portland, U.S. for his photo 'False Dusk and Falls at Oregon Coast', taken in February 2014 from Hug Point at the Pacific Ocean coastline in northern Oregon. It shows a waterfall with zodiacal light (dust from the atmosphere) in the background
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The second place winner in the Beauty category was Ben Coffman of Portland, U.S. for his photo 'False Dusk and Falls at Oregon Coast', taken in February 2014 from Hug Point at the Pacific Ocean coastline in northern Oregon. It shows a waterfall with zodiacal light (dust from the atmosphere) in the background
The 10 winners of the fifth Earth and Sky Photo Contest are from Australia, Austria, China, Egypt, France (Réunion Island), Iran, Italy, New Zealand, Romania and the United States.
The annual contest follows the theme of ‘Dark Skies Importance’ to publicise efforts on preserving the night sky as part of our natural heritage.
The submitted photos were judged in two categories: ‘Beauty of the Night Sky’ and ‘Against the Lights.’ 
The winners in the second category are eye-catching views of night-time illuminations that, while they are striking and beautiful at first glance, also deliver a message about an nature is often obstructed by light pollution. 


'Reflected Aurora' by Alex Conu of Romania was the second place winner in the Lights category. Taken on 15 March 2014 from Lofoten Islands in northern Norway the image shows the Aurora Borealis (or Northern Lights) reflected in the water of a scenic fishing village after a few stormy days
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'Reflected Aurora' by Alex Conu of Romania was the second place winner in the Lights category. Taken on 15 March 2014 from Lofoten Islands in northern Norway the image shows the Aurora Borealis (or Northern Lights) reflected in the water of a scenic fishing village after a few stormy days
The third place winner in the Beauty category was 'Kirkjufell Nights' by Nicholas Roemmelt of Austria for his capture of aurora over Kirkjufell waterfalls in Iceland in a moonlit night of March 2014. In the image the aurora can be seen 'sweeping' around the pole
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The third place winner in the Beauty category was 'Kirkjufell Nights' by Nicholas Roemmelt of Austria for his capture of aurora over Kirkjufell waterfalls in Iceland in a moonlit night of March 2014. In the image the aurora can be seen 'sweeping' around the pole
Contest judge and National Geographic photographer James Richardson said:  ‘These images capture the great ambiguity we feel about the night and night lighting. 
‘They are at once beautiful and beautifully composed. 
Today most city skies are virtually devoid of stars, and the photos in the ‘Against the Lights’ category illustrate how starry skies are vanishing because of excessive artificial lighting that scatters into the sky instead of illuminating the ground.
'Both contest categories provide a visual awareness of the disappearing starry night sky and hopefully an understanding as to its cause,' said contest co-founder Connie Walker, associate scientist and education specialist at the National Optical Astronomy Observatory. 
'The added hope is that the photos will provide an incentive to be more actively involved in reasonable light pollution solutions and therefore dark skies preservation.'
For photographers hoping to get involved with the next contest the sixth International Earth & Sky Photo Contest will be announced in late February 2015 on The World at Night's website.
Contest submission begins every year in March and ends on Earth Day on 22 April as part of Global Astronomy Month.
Third place in the Lights category went to 'Unlimited Sky' by Majid Ghohroodi of Iran, a February 2014 image from Maranjab Salt Lake near the city of Kashan. 'The winter starry sky (with constellation Orion in the middle) is merged into light domes of three major cities in this panorama' said the photographer
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Third place in the Lights category went to 'Unlimited Sky' by Majid Ghohroodi of Iran, a February 2014 image from Maranjab Salt Lake near the city of Kashan. 'The winter starry sky (with constellation Orion in the middle) is merged into light domes of three major cities in this panorama' said the photographer
'Little Explorer' by Ibrahim Elawadi of Egypt took fourth place in the Beauty category. It was captured in November 2013 from desert near Fayoum, about 62 miles (100 kilometres) south of Cairo. 'This visualises the story of building the future by placing a passion in the young minds to explore the universe,' he said
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'Little Explorer' by Ibrahim Elawadi of Egypt took fourth place in the Beauty category. It was captured in November 2013 from desert near Fayoum, about 62 miles (100 kilometres) south of Cairo. 'This visualises the story of building the future by placing a passion in the young minds to explore the universe,' he said



Linking The Dollar To Gold By Peter Ferrara

Linking The Dollar To Gold By Peter Ferrara

06/21/2014
Linking The Dollar To Gold: Opinion By Peter Ferrara

Completing The Recipe For Restoring An Economic Boom For America

Alexander Hamilton was America’s first Secretary of Treasury under President George Washington. When he first entered office in 1789, America was an agricultural nation of just 4 million still broke from its financially costly victory over the British Empire in the Revolutionary War.

The states had accumulated relatively massive debts to finance that war, which mostly remained unpaid. The United States did not even have a national currency, with Spanish coins still in wide circulation and use.
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Steve Forbes explains in his recently published definitive work, Money: How the Destruction of the Dollar Threatens the Global Economy and What We Can Do About It, “America’s finances were in a state of disarray after the wild inflation resulting from massive money printing during the American Revolution.”

As a result, “Hamilton faced the challenge of restoring the economy of the young republic that had been devastated by the Revolutionary War….”

Hamilton boosted America’s economy first by advancing legislation for the federal government to assume and pay off the debts of the states, establishing the foundation for America’s historic creditworthiness. That was recognized by America’s AAA credit rating for over 200 years, until 2011 when the relentless spending of the Obama Democrats led to the first credit downgrade of the nation in history.

But even more importantly for the nation’s long term economic growth and prosperity, Hamilton promoted The Coinage Act of 1792, which established the first U.S. Mint, and fixed the value of the dollar at $19.39 per ounce.

That was devalued slightly in 1834 to $20.67, which prevailed for 100 years, until President Roosevelt adopted the only major U.S. devaluation in history during the Depression, to $35 an ounce. That prevailed until President Nixon took America off the gold standard in 1971.

Forbes explained the results: “Overnight the economy sprang to life. Capital poured in from the Dutch and also America’s former enemies, the British. Barely a century after Hamilton’s reforms, the United States was the premier industrial power in the world, surpassing even Great Britain.”

He added, “Hamilton’s system of banking and stable money quickly attracted and generated capital. It turned the American economy into the leading industrial power in the world.”

Forbes further explains that while America was under the gold standard, the economy boomed at an astounding 4% real rate of economic growth. At that rate, our economy, incomes and standard of living would double every 17 years.

That was the foundation of the American dream and our historic, geometric explosion into the world’s leading “hyperpower.” Forbes adds that in the U.S., “Between 1870 and 1914, real wages more than doubled even though the country had millions of immigrants [greatly expanding the supply of labor]. Agricultural output tripled. Industrial production…surged a jaw-dropping 682%.”
Picture
 Campaign poster showing William McKinley holding U.S. flag and standing on gold coin “sound money”, held up by group of men, in front of ships “commerce” and factories “civilization”. (Photo credit: Wikipedia)

Question is why did Hamilton understand economics so much better than the Ivy League poobahs of today, like Paul Krugman, who are more interested in promoting the socially hip stagnation of socialist equality than the dynamic economic growth of capitalism.

If only Colonel Hamilton was alive today, he would be more worthy of the Nobel prize in economics than at least half of those prize winners living today.

Great Britain experienced quite similar results under the gold standard. In 1696, the Enlightenment philosopher John Locke was joined by the path-breaking scientist and physicist Isaac Newton in arguing against devaluation in the process of Britain replacing or “recoining” its debased currency with new, unshaved, fully restored coins.

By 1717, Newton was Master of the Royal Mint, and he fixed the British pound to the value in gold of 3.89 pounds an ounce. That exact same historic value remained the same for more than 200 years, until 1931.

Forbes notes, “When it tied the pound to gold, Britain was a second-tier nation. Soon all of that would change.” A century later, “By the end of the Napoleonic Wars in 1815, Great Britain emerged indisputably as the world’s major power and global center of innovation.”

Economic Benefits of the Gold Standard

Fixing a nation’s currency to gold assures that the currency maintains a stable long term value, without inflation, or deflation. That enables a nation’s money to serve as a measure of value, like a ruler measures inches, or a clock measures time. Such a stable measure of value, in turn, means money can best perform its most essential function in facilitating transactions.

When money serves as a stable measure of value, it most clearly expresses the value of everything in terms of everything else. That best enables producers to determine whether their production is adding or wasting value as compared to the value of the inputs to that production.

Or whether they should be producing something else instead that might create greater value. That information is essential for an economy to maximize output and economic growth over time.

When a farmer trades his crop for such stable money, he immediately knows what that crop is worth. And he knows that he can keep that value of his production in the currency because it will hold its value over time, until he is ready to buy something with it. That stability of the reward for production undisturbed by monetary fluctuations adds further to the incentive for such production.

Similarly, with a stable value for money, investors know the money they will receive back from their investment will be worth the same as the money they put in it, undepreciated by inflation.

 That encourages greater savings, investment and capital formation from within the country. And it encourages investment and capital to flow into the country from abroad. This maximizes overall investment, production and economic growth.

Nixon Takes America Off the Gold Standard

On August 15, 1971, President Nixon took America, and the world, off the gold standard completely, leaving a world of unanchored fiat currencies, by terminating the postwar Bretton Woods monetary regime. Nixon and his advisors mistakenly believed that this would help the economy by promoting American exports, which Forbes recognizes as 18th century mercantilist thinking.

But it was a decisive turn for the worse for the American economy, and the entire global economy. Since that time, real annual U.S. economic growth has averaged 3%, down 25% from the prior gold standard long term trend.

Forbes explains, “If America had grown for all of its history at the lower post-Bretton Woods rate, its economy [today] would be about one quarter of the size of China’s. The United States would have ended up much smaller, less affluent, and less powerful.”

Moreover, “Since 1971, the dollar’s purchasing power has declined by more than 80%,” with about a third of that (26%) since 2000. Real incomes have been stagnant, or even declined. “[A] man in his thirties or forties who earned $54,163 in 1972 today earns around $45,224 in inflation adjusted dollars—a 17% cut in pay.”

Unemployment has been significantly higher on average. Globally, “After the 1970s, world economic growth has been a full percentage point lower; inflation 1.5% higher.”

Forbes observes, “The correlation between unstable money and an unstable global economy would seem obvious.” Indeed, the termination of any link between the dollar and gold immediately inaugurated worsening boom and bust cycles of inflation and recession in the 1970s, with inflation soaring into double digits for several years. Inflation peaked at 25% over just two years in 1979 and 1980.

It took the worst recession since the Great Depression in 1981-1982 to tame that inflation, with double digit interest rates for years, and unemployment peaking at 10.8%.

 The Reagan/Volcker/Greenspan strong dollar monetary policies effectively restored a discretionary link to gold, with gold stabilizing around $300 to $350 for 20 years. That kept close control over inflation.

But this discretionary standard broke down as 2000 approached. The Fed loosened money and reduced interest rates over the Y2K scare, contributing to the tech stock bubble. Much worse, the Bush Administration supported a weak dollar monetary policy again on the mercantilist/Keynesian confusion that would help the economy by promoting exports.

That included more loose money and 2½ years of negative real interest rates which served to pump up the housing bubble and lead, along with Clinton’s wild overregulation (in the name of affordable housing), to the 2008 financial crisis and recession.

Restoring a Dollar Link to Gold for the 21st Century

The best thing about Steve Forbes’ new book, Money, is that it discusses exactly the specific reforms that should be adopted today to establish a modern, 21st century link to gold for the dollar. That new system would not require the federal government to hold any gold stockpiles, and the money supply would not be limited to the availability of any quantity of gold.

Federal law would fix the dollar’s value in gold at a specified market price. That price would be set by some index to recent market prices for gold, perhaps the average gold price for the last 5 to 10 years, marked up by 10% as a hedge against causing deflation in the process. Federal law would mandate that the Fed conduct its monetary policy to ensure a stable value of the dollar at that market price.

The Fed would enforce that price through its open market operations buying and selling U.S. government bonds. If the price of gold began wandering in the market above the specified market price, that would signal the threat of inflation, and the Fed would begin tightening monetary policy by selling bonds to the market in return for cash withdrawn from the market.

That reduced money supply would hold down price increases in the market, including for gold. The Fed would continue this policy, until the market price for gold returned to its specified target value.

If the price of gold began wandering in the market below the specified market price, that would signal the threat of deflation. The Fed would then begin loosening monetary policy by printing cash to buy U.S. government bonds in the market. That would increase the money supply, which would tend to increase prices in the marketplace, including for gold.

The Fed would continue this policy until the market price for gold returned to its specified target value. The Fed would be required by the federal law to take such actions to prevent the price of gold from varying from the target price by more than 1%, which was the range permitted under the Bretton Woods system for currencies to fluctuate against the then gold backed dollar.

The federal law would provide that this new monetary policy would become effective at a specific date set in the future, perhaps 12 months away, to enable the private economy to plan for and adjust to the new policy.

The law should grant the President or some other federal official the power to adjust the target price for gold to reflect more recent market prices as the implementation date approaches. Those more recent market prices would better reflect what the target gold price should be when the dollar is based on this new link to gold.

A lesson learned from experience with President Obama, the law should also specify that any member of Congress would have standing to sue the President or other designated official if he or she did not carry out the law regarding this later market based adjustment as provided, and that federal courts would have the power to enforce relief.

 For example, not following more recent market prices in adjusting the target price would be a violation of the law. This would effectively mean that the Fed would no longer have any power to pursue discretionary monetary policies to try to guide the economy in one direction or another.

 The new federal law would bar the Fed from attempting to manipulate interest rates, for example. The Fed would no longer have the power to set the federal funds rate, which is the rate banks pay to one another to borrow reserves.

The Fed would continue to have the power to act as a lender of last resort to deal with financial panics that might temporarily threaten an otherwise sound bank. So the Fed could continue to set the “discount rate” that it would charge for such short term, lender of last resort borrowing.

 But even that would be required to be set above market rates, so that the Fed would not become a cheap source of funds for banks to borrow to lend out.

Along with a federal balanced budget amendment to the Constitution, this would effectively make Keynesian economics illegal. That would be highly desirable, because Keynesian economics is proven not to work, and Keynesian advocates are so oblivious to reasoned discussion on the point.

As a safeguard to help ensure that the Fed did follow its responsibilities under this new law, the law should specify that anyone could turn dollars into the Fed, and get gold at the legally specified target price.

 If the Fed was following the law, it could always buy gold in the market to pay for such a redemption in return for the target price for gold. If the Fed was not following the law, then it would likely not be able to finance such mandatory redemptions. The new federal gold law should again specify that any member of Congress would have automatic standing to sue the Fed to enforce the law.

Another safeguard would involve removing all barriers to the rise of private, competing, alternative currencies, to challenge the Fed to enforce and follow the law. That would mean no taxes, including capital gains taxes, could be assessed on sales of gold and silver. If the Fed did not follow the law, then these competing currencies could displace the dollar.

Such a new gold link to the dollar would be the last, missing component to any comprehensive strategy to restore traditional, world leading, American prosperity.

Such a strategy would include as well personal and corporate tax reform to lower tax rates, deregulation of unnecessary regulatory costs and barriers, reduced federal spending to balance the budget and reduce the national debt as a percent of GDP, and free trade.

Those policies could be expected to restore long term U.S. economic growth to 4% of GDP,

which would leapfrog the American economy another generation ahead of the rest of the world.

http://www.forbes.com/sites/peterferrara/2014/06/21/linking-the-dollar-to-gold-completing-the-recipe-for-restoring-an-economic-boom-for-america/

http://www.dinarrecaps.com/our-blog/linking-the-dollar-to-gold-by-peter-ferrara

Eric Williams responds to questions posed on other sites . . . much is about the use of gold, usury, interest, and the possibility of easily shifting to a new, simple financial system . . A MUST READ for anyone desiring to understand Common Law. . . ~J

Eric Williams responds to questions posed on other sites . . . much is about the use of gold, usury, interest, and the possibility of easily shifting to a new, simple financial system . . A MUST READ for anyone desiring to understand Common Law. . . ~J

Posted on June 21, 2014 by 
The problem here in the United States is in educating those involved in the “Common Law” Grand Jury movement to understand that the Fifth Amendment, the authority establishing the Grand Jury, does not imply or establish that the Grand Jury established thereunder, is to be a Common Law entity as is characterized by the current Common Law Grand Jury movement, which proclaims it would have authority to totally displace the Legislatures and Civil Court System.
The Seventh Amendment reference to the common law are specifically designated therein to apply to civil suits.  There is no mention therein or suggestion that the application of common law mentioned therein was to be applicable to criminal prosecutions.  Additionally, the Seventh Amendment does not in any way suggest that the Grand Jury would displace the Civil Courts as the Trier of such issues, as is proclaimed by the advocates of the current Common Law Grand Jury leaders and or spokespersons. 
The difficulty here is in the Common Law itself, and what it is that actually constitutes the Common Law.  As the Common Law is unwritten, and has always been subject to interpretation and application on a case by case basis, it is impossible to come to a specific determination as to what it is or is not.  The purported purpose of the Common Law is to insure that justice is accorded to all concerned in a given instance, with due consideration to previous determinations, but not strictly required to adhere to them, but even this is in dispute.
After the Constitution was written and presented to the Thirteen States, it was agreed to be ratified on the condition that certain protective amendments would be considered and adopted, and made a part of the Constitution.
In order to facilitate this, the Several States independently of each other, created a total of approximately fifty amendments. Due to the difficulty in communication at that time, there were many duplications from the various states, and the fifty proposed were presented to the Framers of the Constitution who condensed the fifty down to ten, with two additional amendments proposed by the Framers, both of which were rejected by the legislatures of the Thirteen States.
To review the fifty amendments proposed by the Thirteen States, go to this very well organized website: http://www.constitution.org/dhbr.htm
In my research I was able to determine that there was only one state that requested an amendment creating a grand jury, and that state did not mention that the grand jury it requested operate under Common Law.
When a society operates totally under common law no statutory laws are permitted. All determinations of wrong doing are determined on a case by case basis by the Common Law Grand Jury, and if the CL Grand Jury determines a wrong has been committed, a petit jury is assembled and a trial held.
The Government of the United States was not created to operate strictly as a Common Law entity or society.  This could not be more clear as the original Constitution was explicitly designed to have a Legislative and Judicial Branch.
What is important to understand here, is that the present Grand Jury movement here in the United States, in characterizing itself as being a “Common Law” Grand Jury, with unlimited power to supplant the current civil court system and legislature. If it were to be accepted by the civil judicial system presently in control of our judicial system, the assertions of the Common Law Grand Jury advocates, if implemented, would eradicate and eliminate the current civil justice system and the legislatures.  This would totally destroy the Constitution, and would be blatantly unconstitutional.
Now, whether that would be good or bad must be set aside because there is no possibility that the current Civil Court system is going to approve the constituting of a Citizens Grand Jury that is to operate under Common Law as envisioned by the current CLGJ advocates.
There is no Constitutional provision for a Common Law Grand Jury. The Fifth Amendment does not assign the Grand Jury established thereunder authority to invoke an unbridled version of the Common Law in its operation.  The civil justice system in the United States was based and developed on the concepts of the Common Law, but with statutorily established clarifications.  The purpose of the Common Law petit jury is to oversee the application of these legislative enactments to insure that justice is the prime consideration rather than the enforcement of the letter of the “law”.
In recognition of the foregoing, the Supreme Court has acknowledged and recognized that the Grand Jury created under the Fifth Amendment is autonomous, not under the direct control of the Three Branches of government created under the body of the Constitution, acknowledging that the Grand Jury is a Fourth Branch, for the purpose of overseeing the other three, by the People, but, a fair interpretation of the Constitution as a whole, together with the Fifth Amendment, indicates there was no indication of intention by any of the states, in ratifying the Fifth Amendment, that they intended that the Grand Jury created thereunder would have power to eliminate any of the other branches of the Federal Government created under the Constitution.
The People’s Grand Jury would most definitely have authority to investigate and indict any government official who was acting in a criminal manner, but the People’s Grand Jury would not have authority to eliminate or assume the duties of the Judicial Branch established under the Constitution or to eradicate the Legislature. 
The suits at common law mentioned in the Seventh Amendment are civil suits, intended to be tried under courts established under the Judicial Branch, not elsewhere.
The wording of the Seventh Amendment does not suggest or indicate an additional manner of suit is being created, what the wording does establish, and the purpose and the intent of that amendment  is to guarantee a trial by jury in civil suits where the value in controversy is in excess of twenty dollars.  And it further establishes that if a matter were to be re-examined, the civil court conducting the re-examination must follow the rules of the common law. 
There is nothing in the Seventh Amendment that indicates relevance to the Grand Jury established in the Fifth Amendment.  The Fifth Amendment is relevant to criminal issues, the Seventh to civil.
That is, if those concerned about how our government has gotten out of control, realistically want the People’s Grand Jury to be re-activated, they would be well advised to drop their assertions of Common Law authority.
We are all concerned about how citizen defendants are being treated in various courts, however the guilt or responsibility is not entirely on the judges or the courts, or even on the legislatures. 
Many of you reading this are not going to be happy with my assessment; however, if we are ever to establish Freedom in our country, we must recognize that Freedom was not established here under the Constitution due to several reasons then prevalent.
First, no one then present had ever experienced true Freedom, or if they did, they did not put 2-and-2 together to realize it.  What I am in reference to here is the fact that the only people who were actually free back then were the “Pioneers” who moved west in covered wagons.  As soon as they had traveled far enough to be outside the reach of the government they had left behind, they were then politically free, but they had no reason to consider that fact as to them it was then irrelevant.
And, on that same note, as soon as there were enough of them in the same outlaying area, they established a local government, with a constable or sheriff, and then moved right along to creating a state government.  There was never, to my knowledge, any thought or consideration that they were not at all times under the political jurisdiction of the government they had left behind. 
Is there any evidence that the people back then considered themselves to be politically sovereign or outside the authority of any government?  I am certainly not suggesting that those people were not politically sovereign, because they certainly were, however I am not aware of any evidence that they realized such to be the case.  This could very well be because the governments back then did not purport to have the authority to micro-manage the lives of the people back then as at present.
The point here is, how could a society where there is no formal government, because those present had revolted against and expunged the government they had submitted themselves to for uncountable generations, establish a political government which would recognize Freedom when none of the creating participants had ever knowingly experienced Freedom, and had always expected there would be some manner of political authority over them. 
Why else would the “former” commoners feel it was necessary to have formal protection from the government they were themselves creating, by demanding a Bill of Rights be added to the Constitution?
Those persons then present had been indoctrinated for centuries to believe that commoners were not intellectually qualified to participate reasonably in government, and to believe that those of the Aristocrat class were Naturally born with such intellectual qualifications.  It is important to understand that this belief was then universally held by both commoners and aristocrats.
When the foregoing is acknowledged can we then be surprised that when the Aristocratic Founding Fathers create THEIR CONstitution, that they were going to write it as best they could, to insure that the intellectually incompetent commoners were not going to be in a position to cause the entire society to fail?  So the Founders designed it as a republic, without openly acknowledging that fact anywhere in the Constitution in regard to the Federal Government, but they did so surreptitiously, by creating a ruling class in the Preamble and a subject class is Section Two of Article One.
When one considers the manner of societal organization in England back then, is it not observable that the purpose of the commoner class was to serve the Aristocrat class?
The reason designating oneself as “of the people” is not sufficient as a declaration of a person’s sovereignty is because there are more that one political class that could be included in that undefined term.  Generally, the word “people” does not establish a reference to the Sovereign class, it merely refers to humans.  Additionally, the vast majority of Americans have relinquished their Naturally imbued political independence, sovereignty, when they presented a birth certificate engraved with a state owned name, to be issued a driver license, whereupon the person unknowingly, as the first order of business of that ceremony, applied for a franchise to use that state owned name as the person’s “true legal name”, and thereby entered himself into a subservient contractual relationship to the state. The fact that this was unintentional does not negate the subservient relationship until and unless the person knowingly rejects it — and stops using that government owned name.  I don’t mean the person needs to stop using the same alphabet letters to write his or her name, just stop claiming the name you are using came from a birth certificate!  Please understand, you get to decide where your name came from, no one else has standing to do that for you!
There are several factors involved in the creation of a sovereign political society (country).  Of utmost importance is the need to establish a military force capable of defending it from outside invaders.  This is very expensive and must be paid for.  The traditional means by which this has been accomplished has been through various means of taxation.  The fact that this has been greatly abused by all levels of our government is just as much the fault of the common people as it is of the bureaucratic politicians.
It seems to be Natural for humans to want to get whatever they can without paying for it or expending any of their own energy.  Most people deny this but the proof is in the pudding.  Everyone is in agreement that we want lower taxes and less government, meaning lower my taxes and get the government out of my life but do not reduce the freebees I get from government, just reduce the freebees of everyone else.
It seems there is universal agreement that because the Federal Reserve has caused all our monetary problems that it should be eliminated and the paper money replaced with CONstitutional gold or silver.  How can it be that all those who are so down on the Fed do not realize that the Fed is totally under the control of CONgress?  “Everyone” seems to back Ron Paul’s demand that the Fed be audited.  Do none of those backing Ron Paul do any research of their own?  For if they did they would discover that the Fed has been audited every year since it has been in existence, with all of its profits credited to the Treasury of the United States.
The problem is not with the Fed nor with CONgress, well, yes the fiscal mess we are in has been caused by CONgress, but CONgress has done no more than would be expected; when you give the keys of your chicken house to the fox, do not be surprised if the fox eats your chickens.
If you really want to place the blame of our financial mess where it belongs, go read the CONstitution, where you will find in Section Eight of Article One, written by the wonderful deified Founding Fathers, authorization for the CONgress of the United States to borrow as much money as it can from where ever it can get it.  How best to facilitate that authority than for CONgress to create its own lending source?
Does this not indicate the blame for our financial mess should properly be assigned to the Founding Fathers?  Well, many will say (because they can’t stand blaming the Founding Fathers), CONgress should have known better, because what CONgress did was not intended by the Founders.  Well, if that was true then how could those Founders, recognized as being among the most intelligent and highly educated men to have ever lived, be so totally stupid as to hang the key to the chicken house right there next to the lock on the chicken house door?
Is it actually possible that it is impossible for humans to learn from the errors of the past?  Because that certainly seems to be the case.  Everyone who hates the Fed and paper money wants to return to Constitutional gold and silver.  They claim that CONgress had no proper authority to give its authority to issue money to the Fed.  Which CONgress did not do, because, as I mentioned herein above, CONgress owns the Fed, lock, stock and barrel, and next, there is no Constitutional authority assigned to CONgress to issue money and CONgress has never ever issued any gold or silver money.  CONgress has borrowed jillions and jillions of paper dollars, from itself, and spent or given it away all over the planet, but it has never ever issued gold or silver. 
The one and only reason why CONgress did not do so was because it was physically impossible because CONgress had no source of such gold or silver, or it would have done so.
All the gold and silver that was created by the Government mints was created from gold and silver ore that was owned by private entities.  After the mint purified the metals and made the coins, the coins were returned to the private entities that brought the raw ore to the mint.  At no time did the government become the owner of the raw ore or the coins made therefrom.  All the gold and silver coins that entered into circulation were spent into circulation by the private owners of those metal coins.
There is no Constitutional provision authorizing CONgress to acquire gold or silver for the purpose of issuing it into circulation, or to accumulate it in a huge pile in Fort Knox or anywhere else.
If you get right down to the bottom line there is nothing more stupid than using gold and silver as money!
Did I loose you there?  Do you believe gold and silver is truly the best medium to be used as money?
Think of this:  If one man were to spend his summer growing food and laying it up for the winter, for his wife and children; and another man were to spend his summer digging for gold, and accumulated a large quantity, what would his family eat during the winter?  And, why would the man with the food want to sell any of his food to the man in exchange for worthless gold?  Oh, you don’t agree that gold is worthless?  Then why do people spend any time growing food?  Why not spend all time digging for gold?  After, all, who needs food?  Clothing?  Or shelter?
Oh, you can buy food with gold? 
It is a good idea to understand what humans need and want, food, clothing, shelter, recreation.  All of these are made available through the expenditure of human effort, either physical or intellectual.  None of these include any manner of money.  No one actually wants money, what they actually want is what they can get for their money.
So what is money?  Basically, we don’t really need money, because what we actually need or want is not money, it is food, clothing, shelter and recreation.  In theory, we could engage in bartering to get what we need or want that we do not provide for ourselves.  Trading our excess for the excess of others, trading what we have that they want for what they have that we want.  The problem, however, is finding someone that has what we want who wants what we have.  Bartering will always work to some limited extent but how do millions of people who live in cities trade what they have for what they need?  It is not only impossible, it is ridiculous to even suggest!
There is only one basic purpose of money, and that is to facilitate bartering.  Common sense will reason that the purpose of money is to facilitate bartering.  That being true, then the most sensible medium to use as money would be the least expensive. 
In examining the foregoing, what is it that establishes the expense (or cost) of anything and everything?  The expense is the accumulation of the value of the human effort expended.  When you purchase a piece of lumber, you do not pay for the wood.  Nature provided the wood at no charge.  What you pay for is the cutting of the tree, the hauling to the mill, the cutting into lumber, the transport to the retail outlet, and all of the incidental expenses along the way — everyone of which are due to the additional expenditures of human effort.
The point is, the value or cost of the money medium should be kept at the minimum.  Gold and silver are certainly NOT on that list!  At the top of that list would be paper!
So why has paper not worked well as money?  In truth, paper has worked very well.  The problems we have are not caused by paper, our problems are caused by dishonest humans!
Once again, is it actually possible that it is impossible for humans to learn from the errors of the past?
Every time gold or silver has been used as money the system has soon been corrupted by humans.  Likewise, every time the monetary system of a society has been under the control of one entity it has soon been corrupted.  It has made no difference if the medium was paper or metal.
Every time the monetary system has been under the control of the same entity that is in control of the spending of the money, the system bas been corrupted. There is not even one historical exception to this fact.
When are we going to stop being stupid by repeating the errors of the past and design a monetary system that would be as protected from corruption as possible with humans still involved.
It is critically important to understand that the advent of electricity has had a profound effect on what would work best as a money medium, particularly the refrigeration of food, which has resulted in millions and millions of families living in suburbia USA, where it is impossible for them to grow their own food, or homestead the property they live on and in.
And design a system where taxation would be totally eliminated as the means of funding government.
It is important that this new system not be any more disruptive to the existing economy than necessary.  That is, everyone in this country is familiar with Federal Reserve Notes (FRNs); everything is already priced out and evaluated in them, including everyone’s pay, food costs, utilities and etc.  When the cost of something goes up or down the free market automatically adjusts.  If the new system can be implemented with most people not even realizing a change has been implemented, that would be outstanding. 
I contend that I have designed such a system.
If we properly evaluate the Federal Reserve to determine its flaws, the reasons for the diminishing value of our money, we will determine there are two basic flaws.  The first, and worst, is the Constitutional provision assigning CONgress the power to borrow an unlimited quantity of money from wherever it can create a lender, meaning its own self.
As CONgress already owns the Fed, we simply re-assign the ownership to the People of the United States, NOT CONgress or the Federal Government!  We assign oversight of The People’s Central Bank to the Legislatures of the Fifty States.  The fact that these Fifty States are Sovereign Countries totally Politically Independent from each other, establishes a Natural jealousy between them that will best insure that they each keep a diligent watch on the others to prevent any corruption, which will be virtually impossible because in addition to prohibiting CONgress from borrowing money, we will likewise prohibit every level of government in all of the states from borrowing money from any source for any reason.
The People’s Central Bank will be allowed to extend loans only to private sector borrowers; mortgages, business loans and credit card loans.  All interest collected will be distributed to the treasuries of the four levels of government, cities, counties, states and federal, with no level of government imbued with authority to determine how much money it needs or where such money shall come from.  All taxation at every level of government shall be eliminated.  That is, there shall be no manner of taxation anywhere in the United States. (Except on all the beer that my wife keeps buying).
The level of interest charged on loans shall be determined primarily by the free market, and approved by the population of the cities and counties, not by any level of government. 
The distribution of interest to fund each level of government will be determined, for cities and counties, by the population of those entities.  The amount to be accorded to the state government shall be determined by the county governments.  The amount to be accorded to the Federal Government shall be determined by the state legislatures.
For those who believe that interest is usury, usury is where the interest collected by the lender is taken out of circulation causing a shrinkage of the circulating money supply, resulting in profit taking foreclosures.  Under the Fed system, the only way local banks can take a profit is through foreclosures.  Interest does not constitute a profit to lending banks under the Fed because those banks cannot collect more than they lend out.  In order for them to take a profit through interest they would have to collect more than they lend out, which is totally impossible when they take the interest collected out of circulation, as is their common practice.
Interest is the reasonable profit on the lending of money.  Interest is no more inappropriate than the profit a baker of bread adds to his cost of making the bread.  The difference is that the amount of profit on a loan is immediately observable, while the profit on a loaf of bread is not.
Under this system, all interest collected on loans to private sector borrowers will be distributed to the four levels of government and they will spend the interest right back into circulation, thereby eliminating the shrinkage of the circulating supply occurring under the Federal Reserve.
We amend the CONstitution to eliminate this power, and add a clause establishing that the federal Government shall never ever have authority to borrow money from any source for any purpose, no matter the emergency that may be concocted by CONgress or the President.
I am Eric Williams, The Radical In The Twilight Zone