Tag Archives: money

Will the National Debt Destroy America?

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Thomas Jefferson warned, “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.” Debt Crisis Debt is nothing new to the United States. The American Revolutionary War led to our first national debts and the War of 1812 further expanded that government debt to approximately $75 million. In 1835, President … Continue reading →

Is Monetary Reform Necessary?

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As Americans we should demand a repudiation of these Bank and Federal Income Tax Acts and all subsequent banking and tax legislation, and demand a return to the honest banking principles of our forefathers and an end to the self-serving European style Central cartel banking system. While not the only possible reform, one reform proposal is the Monetary Reform Act developed, in its essentials, over many years by numerous monetary reformers including the late Nobel Laureate, Dr. Milton Friedman. Any … Continue reading →

Credit Card Debt

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The payment mechanism that consumers use to purchase goods and services has changed dramatically over the last 100 years and credit card debt has soared in recent years. Proprietary charge cards came on the scene in the early 1900s, followed by “travel and entertainment” cards in 1950. These cards did not have a revolving credit feature, it wasn’t until 1966, that the first general-purpose credit card (such as American Express, Visa, and MasterCard) was introduced. Before credit cards, almost all … Continue reading →

Following the The Money Trail

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“Give me control of a nation’s money and I care not who makes her laws.” – Mayer Rothschild … And, so it goes. The enemies to your freedom do not necessarily lurk behind closed doors in Washington D.C. (although you will find many there), nor are they necessarily engaged in some nefarious conspiracy plotting the overthrow of government. No, the enemies of your freedom live next door and are found in every city and town in America. As the cartoon … Continue reading →

What is the relationship between the Federal Reserve Act and the Federal Income Tax?

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Why does our government require us to pay taxes when they print all the money they want? What is the Federal Reserve and Who Controls it? The Federal Reserve is not a governmental agency and neither the Congress nor the President have one iota of control over its day-to-day operations. The Federal Reserve is no more federal than Federal Express. It is a private bank that poses as a government entity. In 2011, when the New York Times attempted to … Continue reading →

It’s All About the Money!

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Whether it’s health care, national security, human rights, the environment, education, or whatever… there is always a bottom line. And, that bottom line is always money – or to be more specific… the control of money as Rothschild alluded to. “Permit me to issue and control the money of a nation, and I care not who makes its laws. ” – Mayer Amschel Rothschild Those that control the global economy and who established our current fiat monetary system are not … Continue reading →

Stealing America Blind

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Michael Goodson Post-Tribune guest columnist recently wrote about Rush Limbaugh’s comments about retirement and health benefits being entitlements equivalent to being on the dole and that it is not the responsibility of corporate America to take care of its workers after they retire. A lot of hard-working Americans would take issue with Limbaugh. They know that over the years, fringe benefits often took the place of wage hikes and were part of a compensation package. They know they earned them. … Continue reading →

Just Weights and Measures

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Ever since the earliest recordings of history, there have been individuals that have sought to gain an unfair advantage over others in many aspects of life, especially in the area of commerce. One recent example is where the National Milk Producers Federation settled a lawsuit alleging antitrust conspiracy in slaughtering dairy cow herds, reducing herd sizes causing scarcity to justify higher product prices. Now the defendants (Dairy Farmers of America, Inc., Land O’ Lakes Inc., Dairylea Cooperative Inc. and Agri-Mark … Continue reading →

Smoking Junk Science

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How harmful is smoking to smokers? Public health advocates who claim one out of every three, or even one out of every two, smokers will die from a smoking-related illness are grossly exaggerating the real threat. The actual odds of a smoker dying from smoking before the age of 75 are about 1 in 12. In other words, 11 out of 12 life-long smokers don’t die before the age of 75 from a smoking-related disease. In a 1998 article titled … Continue reading →

A New Kind of Money: Debt

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Prior to the 17th century most money was commodity money, typically gold or silver. A commodity money is a medium of exchange the units of which are fixed amounts of an actual commodity that has value other than as money alone. The continued violation of the law of just weights and measures led to a new kind of money. This was the goldsmiths’ debt rather than silver or gold coin. This development required the acceptance in trade of the goldsmiths’ … Continue reading →

Insurance Companies Profit from Smoking

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It was my general understanding that insurance companies charged its customers a premium for insurance policies which they in turn reinvested to cover the eventual payouts. The more efficiently they did that, the more money they made. Apparently they’re not satisfied with that anymore. Now, they see the “deep pockets” of the tobacco industry coupled with a hyped-up public hysteria about smoking and have targeted the tobacco industry to further line their pockets with increasing profits. Read more Insurance Companies … Continue reading →

Manufactured Prosperity

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As important as money is to most people, most of us take for granted this valuable resource without giving thought to what it really is, where it comes from, or how it works. We earn it, we spend it, we save it, and some may complain they don’t have enough of it, but few really know much about it. For most people, money, finances, monetary policy, etc. are pretty confusing and as a result they surrender the subject to others. … Continue reading →