About Me

Name: john prange
Email: jpscoins@mei.net Biography
Loading...

Create Your Own Blog Find Other Townhall Blogs

Comments

Archives

Blog Roll

 

Humans were more honest before they discovered words

In ancient times humans, before they could talk, communicated by reading each other's minds through their eyes or facial expressions, some believe. Furthermore, they believe that words were invented to facilitate lying. Maybe, maybe not.. It does seem, though, that we have a natural distrust of people who avoid eye contact while speaking to us. Looking people in the eye when you talk to them is a sign that you have nothing to hide. Sadly, however, experienced yarn-spinners who lie for a living can look us right in the eye and tell us whoppers the size of Al Look-at-my-Oscar-not-at-my-carbon-footprint Gore's new $9 million mansion overlooking the Pacific Ocean. Someone suggested that Gore could offset somewhat the negative environmental impact of his opulent lifestyle by installing a portable windmill in front of his podium when he speaks.

In the past year, in two crucial pieces of legislation, Congress has employed an avalanche of words to bury any chance that the average lawmaker, let alone the average citizen, might have of seeing and understanding the meaning beneath the words. Remarkably, the health care reform bill and the financial reform bill both consisted of over 2000 pages, approximately a million words apiece. While promoting the health care bill to the general public, when its passage was still in doubt, House Speaker Nancy Pelosi promised that "it's going to be very, very exciting." Excitement building in her voice, she then added, incredibly, "But we have to pass the bill so that you can find out what is in it, away from the fog of controversy." Hearing those words caused some to shake their heads in wonderment. Do we look that gullible? Yes. The bill passed, unread by most and understood by few.

Through the never-ending fog, the only thing becoming clear is the bill's vagueness and its ability to open up new avenues of political corruption. But it will be "very, very exciting," indeed, for those who like to watch bureaucracies grow. Critics have been trying to estimate just how many agencies, departments, and bureaucrats will materialize in the effort to implement and manage the "Patient Protection and Affordable Care Act," as the bill is euphemistically titled. They are wasting their time. Counting President Obama's campaign promises would be easier. According to a recent Congressional Service Research (CSR) report, as noted in the Aug. 3 edition of Politico, the size of the new health care bureaucracy is "unknowable." Unfortunately, this is because "the provisions of the law that create the new entities vary dramatically in specificity." The entities which are specifically identified could give birth to "an indeterminate number of new organizations," the CSR reported. For example, the Patient-Centered Research Institute "may appoint permanent or ad hoc expert advisory panels as determined appropriate." Let's see how many unseated congressmen who supported this surprise package will be "determined appropriate" to get seats on these panels, which will also be useful for fundraising; just auction the seats to campaign contributors. Is that why Obama and Pelosi and Senate Majority Leader Harry Reid were so excited about getting this bill passed before anybody had time to read it?

While campaigning for his current job, one of President Obama's most oft-repeated promises was that government under his leadership would be open and transparent. "No more secrecy." Undoubtedly those three little words should be chiseled on Mount Liemore along with George Herbert Bush's "Read my lips: No new taxes." On at least eight different occasions, Obama promised that the health care reform negotiations would be televised on CSPAN so "the people can see" who is making arguments for their constituents and who is making arguments for the special-interest groups. Promising proved easier than doing. The deals were done behind closed doors, and all cameras, including CSPAN's, were denied entrance.

As with most inventions, words can be used for good or ill. When deception and confusion is the goal, however, it does seem that more words are used than when the goal is enlightenment and clarity. Do the math. It took a million words to create in secret a one-size-fits-all health care bill that should have been broken into dozens of separate bills in order that each one be understood. On the other hand, Abraham Lincoln needed only 266 words to create the Gettysburg Address. One lives in infamy, the other in glory. The income tax code consists of about 5 million words. The Golden Rule,"Love thy neighbor as thyself," needs only five words. One obfuscates, the other illuminates.

God only knows if humans could communicate by reading minds before they could talk, but it looks like a safe bet that they didn't lie until they discovered words.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

We need more Davy Crocketts in Congress

Why don't our millionaire congressmen give some of their own wealth?

Before he died at the Alamo, Davy Crockett served a couple of terms as a congressman from Tennessee. One day Congress, after a quantity of pompous speeches, was on the verge of passing a bill to grant $10,000 to the widow of a naval officer. But then it was Crockett's turn to speak. He said they could not appropriate that money without the "grossest corruption" as the Constitution gave them no "semblance of authority" to spend the public's money, much of it obtained from people worse off than the widow, on charity.

"Mr. Speaker," Crockett concluded, "We have the right to spend as much of our own money as we please. I am the poorest man on this floor, but I will give one week's pay to the object, and if every member of Congress will do the same, it will amount to more than the bill asks."

Nobody took Crockett up on his suggestion that they contribute their own money to the charity that was so easy to support with other people's money. But most of them were sufficiently shamed to withdraw their support from the bill, and it was defeated. Afterwards a reporter, outraged at the bill's defeat, asked Crockett what had possessed him to make that speech.

Crockett explained that he had been enlightened one day by a farmer he encountered while out campaigning for reelection.

"Don't waste your time," the farmer, Horatio Bunce, told Crockett. He said he had voted for Crockett the last time, but would not do so again. Stunned, Crockett asked him what was the matter.

"You gave a vote last winter which shows that either you have not the capacity to understand the Constitution or that you are wanting in honesty or firmness to be guided by it," Bunce responded. He was referring to Crockett's support of a bill which gave $20,000 to people whose homes had been damaged by a fire in Georgetown.

"But certainly nobody will complain that a great and rich country like ours should give the insignificant sum of $20,000 to relieve the suffering of women and children," said Crockett in defense of his vote.

"It is not the amount that I complain of," Bunce emphasized. "It is the principle. If you had the right to give anything, the amount was just a matter of discretion with you, and you had as much right to give $20 million as $20,000 . . . and, as the Constitution neither defines charity nor stipulates the amount, you are at liberty to give to any and everything which you may believe, or profess to believe, is a charity."

Bunce advised Crockett that his vote was a violation of the Constitution "fraught with danger" for the future of the country as it opened the door wide for corruption and favoritism on the one hand, and stealing from the people on the other. Bunce helped Crockett see his mistake, and Crockett was honest enough to then go around the district and admit his mistake to as many of his constituents as he could reach. And he got reelected.

Nearly 200 years later, it does not take a magnifying glass to see that the integrity of Bunce and Crockett did not prevail for long. The door to corruption and favoritism has been kicked off its hinges and through it has been flowing a torrent of congressional sleaze that is today choking our liberty and drowning us in debt.

According to a report released last November by the Center for Responsive Politics (CRP), 237 congressmen are millionaires; about one percent of Americans are millionaires compared to 44 percent of their representatives in Washington. In some cases, according to CRP spokesman Dave Levinthal, their wealth "is derived from the very companies that in many cases benefit from the taxpayers." He added that many of the companies in which congressmen invest, such as Bank of America and Goldman-Sachs, "received billions and billions of dollars from you and me."

Wouldn't it have been inspiring, for instance, to see Nancy Pelosi, among the 25 richest in Congress, offering to donate some of her own money, and inviting her colleagues to do the same, to start a trust fund to help poor people get medical care? No doubt thousands, if not millions, of Americans would follow such a shining example and add their own voluntary contributions to said fund. But for Congress, giving their own money to a cause is a not as easy as giving ours.

As Davy Crockett put it, "There are in the House some very wealthy men . . . Yet not one of them responded to my proposition" to give their own money to help the widow. "Money with them," he continued "is nothing but trash when it is to come out of the people. But it is the one great thing for which most of them are striving, and many of them sacrifice honor, integrity, and justice to get it."

But if we look closely enough, we can always find reason for optimism. Through the sleaze, some flowers have blossomed. Since the bank bailouts began, America has sprouted an impressive array of Horatio Bunces. Now if we can just get some Davy Crocketts elected to Congress.

.

 

 

 

 Before he died at the Alamo, Davy Crockett served a couple of terms as a congressman from Tennessee. One day Congress, after a quantity of pompous speeches, was on the verge of passing a bill to grant $10,000 to the widow of a naval officer. But then it was Crockett's turn to speak. He said they could not appropriate that money without the "grossest corruption" as the Constitution gave them no "semblance of authority" to spend the public's money, much of it obtained from people worse off than the widow, on charity.

"Mr. Speaker," Crockett concluded, "We have the right to spend as much of our own money as we please. I am the poorest man on this floor, but I will give one week's pay to the object, and if every member of Congress will do the same, it will amount to more than the bill asks."

Nobody took Crockett up on his suggestion that they contribute their own money to the charity that was so easy to support with other people's money. But most of them were sufficiently shamed to withdraw their support from the bill, and it was defeated. Afterwards a reporter, outraged at the bill's defeat, asked Crockett what had possessed him to make that speech.

Crockett explained that he had been enlightened one day by a farmer he encountered while out campaigning for reelection.

"Don't waste your time," the farmer, Horatio Bunce, told Crockett. He said he had voted for Crockett the last time, but would not do so again. Stunned, Crockett asked him what was the matter.

"You gave a vote last winter which shows that either you have not the capacity to understand the Constitution or that you are wanting in honesty or firmness to be guided by it," Bunce responded. He was referring to Crockett's support of a bill which gave $20,000 to people whose homes had been damaged by a fire in Georgetown.

"But certainly nobody will complain that a great and rich country like ours should give the insignificant sum of $20,000 to relieve the suffering of women and children," said Crockett in defense of his vote.

"It is not the amount that I complain of," Bunce emphasized. "It is the principle. If you had the right to give anything, the amount was just a matter of discretion with you, and you had as much right to give $20 million as $20,000 . . . and, as the Constitution neither defines charity nor stipulates the amount, you are at liberty to give to any and everything which you may believe, or profess to believe, is a charity."

Bunce advised Crockett that his vote was a violation of the Constitution "fraught with danger" for the future of the country as it opened the door wide for corruption and favoritism on the one hand, and stealing from the people on the other. Bunce helped Crockett see his mistake, and Crockett was honest enough to then go around the district and admit his mistake to as many of his constituents as he could reach. And he got reelected.

Nearly 200 years later, it does not take a magnifying glass to see that the integrity of Bunce and Crockett did not prevail for long. The door to corruption and favoritism has been kicked off its hinges and through it has been flowing a torrent of congressional sleaze that is today choking our liberty and drowning us in debt.

According to a report released last November by the Center for Responsive Politics (CRP), 237 congressmen are millionaires; about one percent of Americans are millionaires compared to 44 percent of their representatives in Washington. In some cases, according to CRP spokesman Dave Levinthal, their wealth "is derived from the very companies that in many cases benefit from the taxpayers." He added that many of the companies in which congressmen invest, such as Bank of America and Goldman-Sachs, "received billions and billions of dollars from you and me."

Wouldn't it have been inspiring, for instance, to see Nancy Pelosi, among the 25 richest in Congress, offering to donate some of her own money, and inviting her colleagues to do the same, to start a trust fund to help poor people get medical care? No doubt thousands, if not millions, of Americans would follow such a shining example and add their own voluntary contributions to said fund. But for Congress, giving their own money to a cause is a not as easy as giving ours.

As Davy Crockett put it, "There are in the House some very wealthy men . . . Yet not one of them responded to my proposition" to give their own money to help the widow. "Money with them," he continued "is nothing but trash when it is to come out of the people. But it is the one great thing for which most of them are striving, and many of them sacrifice honor, integrity, and justice to get it."

But if we look closely enough, we can always find reason for optimism. Through the sleaze, some flowers have blossomed. Since the bank bailouts began, America has sprouted an impressive array of Horatio Bunces. Now if we can just get some Davy Crocketts elected to Congress.

.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Why don't our millionaire congressmen give some of their own wealth? or

We need more Davy Crocketts in Congress

by John Prange

Before he died at the Alamo, Davy Crockett served a couple of terms as a congressman from Tennessee. One day Congress, after a quantity of pompous speeches, was on the verge of passing a bill to grant $10,000 to the widow of a naval officer. But then it was Crockett's turn to speak. He said they could not appropriate that money without the "grossest corruption" as the Constitution gave them no "semblance of authority" to spend the public's money, much of it obtained from people worse off than the widow, on charity.

"Mr. Speaker," Crockett concluded, "We have the right to spend as much of our own money as we please. I am the poorest man on this floor, but I will give one week's pay to the object, and if every member of Congress will do the same, it will amount to more than the bill asks."

Nobody took Crockett up on his suggestion that they contribute their own money to the charity that was so easy to support with other people's money. But most of them were sufficiently shamed to withdraw their support from the bill, and it was defeated. Afterwards a reporter, outraged at the bill's defeat, asked Crockett what had possessed him to make that speech.

Crockett explained that he had been enlightened one day by a farmer he encountered while out campaigning for reelection.

"Don't waste your time," the farmer, Horatio Bunce, told Crockett. He said he had voted for Crockett the last time, but would not do so again. Stunned, Crockett asked him what was the matter.

"You gave a vote last winter which shows that either you have not the capacity to understand the Constitution or that you are wanting in honesty or firmness to be guided by it," Bunce responded. He was referring to Crockett's support of a bill which gave $20,000 to people whose homes had been damaged by a fire in Georgetown.

"But certainly nobody will complain that a great and rich country like ours should give the insignificant sum of $20,000 to relieve the suffering of women and children," said Crockett in defense of his vote.

"It is not the amount that I complain of," Bunce emphasized. "It is the principle. If you had the right to give anything, the amount was just a matter of discretion with you, and you had as much right to give $20 million as $20,000 . . . and, as the Constitution neither defines charity nor stipulates the amount, you are at liberty to give to any and everything which you may believe, or profess to believe, is a charity."

Bunce advised Crockett that his vote was a violation of the Constitution "fraught with danger" for the future of the country as it opened the door wide for corruption and favoritism on the one hand, and stealing from the people on the other. Bunce helped Crockett see his mistake, and Crockett was honest enough to then go around the district and admit his mistake to as many of his constituents as he could reach. And he got reelected.

Nearly 200 years later, it does not take a magnifying glass to see that the integrity of Bunce and Crockett did not prevail for long. The door to corruption and favoritism has been kicked off its hinges and through it has been flowing a torrent of congressional sleaze that is today choking our liberty and drowning us in debt.

According to a report released last November by the Center for Responsive Politics (CRP), 237 congressmen are millionaires; about one percent of Americans are millionaires compared to 44 percent of their representatives in Washington. In some cases, according to CRP spokesman Dave Levinthal, their wealth "is derived from the very companies that in many cases benefit from the taxpayers." He added that many of the companies in which congressmen invest, such as Bank of America and Goldman-Sachs, "received billions and billions of dollars from you and me."

Wouldn't it have been inspiring, for instance, to see Nancy Pelosi, among the 25 richest in Congress, offering to donate some of her own money, and inviting her colleagues to do the same, to start a trust fund to help poor people get medical care? No doubt thousands, if not millions, of Americans would follow such a shining example and add their own voluntary contributions to said fund. But for Congress, giving their own money to a cause is a not as easy as giving ours.

As Davy Crockett put it, "There are in the House some very wealthy men . . . Yet not one of them responded to my proposition" to give their own money to help the widow. "Money with them," he continued "is nothing but trash when it is to come out of the people. But it is the one great thing for which most of them are striving, and many of them sacrifice honor, integrity, and justice to get it."

But if we look closely enough, we can always find reason for optimism. Through the sleaze, some flowers have blossomed. Since the bank bailouts began, America has sprouted an impressive array of Horatio Bunces. Now if we can just get some Davy Crocketts elected to Congress.

.

 

 

 

 

 

 

 

 

 

 

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Love of liberty is colorblind

At a Tea Party rally in Washington, DC, April 15, MSNBC TV reporter Kelly O'Donnell thrust a microphone in the face of a dark-skinned man, and asked him if he had ever felt "uncomfortable" inasmuch as "there aren't a lot of African-American men at these events."

"No," he responded. These are my people: Americans."

O'Donnell works for a network which has helped nurture the falsehood that the Tea Party movement is comprised mostly of "redneck racists." Too bad she and her camera crew didn't stick around that day to witness and share with their viewers the rally's final speech. It was delivered by black preacher C.L. Bryant of Louisiana, founder of Runaway Slaves, a movement that "captures the spirit of America" by compelling Americans to "flee economic slavery and run toward the blessings of liberty."

If MSNBC had shown Rev. Bryant's speech, it would have raised, for some, an uncomfortable question: if these people are racists, why are they cheering at every word this black man speaks?

Further evidence that the Tea Party is not motivated by racism came June 22 when Tim Scott, a black candidate backed by the Tea Party, won a Republican congressional primary in South Carolina against his white opponent, Paul Thurmond, son of Strom Thurmond, who ran for President as a segregationist in 1948. If he beats his Democrat opponent in November, Scott will be the first black Republican from South Carolina elected to Congress since post-Reconstruction Democrats enacted laws designed to keep blacks from voting. What irony: a movement which many modern Democrats are trying to discredit as racist is on the verge of putting the final nail in Jim Crow's coffin.

What later became known as the Tea Party movement began under a white president, George W. Bush, when his Treasurer engineered a multi-billion dollar bailout of disgustingly corrupt bankers. Blacks and whites, liberals and conservatives, voiced strong opposition to this gross insult to, and mockery of, freedom and fairness. But their representatives in Congress, as well as the Republican and Democrat presidential candidates, snubbed them. The bankers won and "we the people" lost.

But the resulting protest continues to grow, making the powerful elitists nervous. What happens if "Mr. Smith" really "goes to Washington," what if the people throw out our bought-and-paid-for congressmen and replace them with naive bumpkins who still believe in the Constitution? So the desperados and their witless dupes have resorted to a contemptible tactic employed by cornered "corruptocrats" throughout the ages: the smear campaign. Protestors who refuse to curb their freedom of speech are to be marked and discredited as racists.

The good news is that the dirty ploy is not working. As Rev. Bryant put it in his April 15 speech, "We are not going to play the color game anymore. We are not racist. We are not haters. But we are angry; angry at being lied to; angry that this shining city on a hill is being assaulted by socialists . . . We will not go away quietly. We will stand and we will fight. We are Americans, and we will not bow down to any earthly rulers."

Let us remember on this Independence Day that blacks and whites have been fighting together for liberty since the Revolutionary War, and we are doing so now despite the wall that the selfish protectors of their own power are trying to build between us.

We are not against the redistribution of wealth -- as long as it occurs through the voluntary transactions of free, consenting adults; not through government confiscation of someone else's earnings for the purpose of enriching the politically connected, buying votes, and paying back big campaign contributors.

What is happening in America today is what our founding fathers feared would happen if we neglected to pay the price that freedom demands -- eternal vigilance -- and if people got used to living off the fruits of the public treasury. While we were living and partying on borrowed and inflated money, conniving financiers were buying our public officials. Now these malodorous oligarchs are constantly creating new and devious ways to gain access to our pocketbooks. When access is blocked, they just print or borrow money and enslave us through inflation and debt, to be paid back with ever-increasing taxation, and the cycle continues until we are all slaves.

When Benjamin Franklin came out of the Constitutional Convention in 1787, somebody asked him, "Well, doctor, what have we got -- a Republic or a Monarchy?" "A Republic, if you can keep it," Franklin responded.

"If we could speak to Benjamin Franklin through the annals of time," Rev. Bryant said near the close of his Tea Party speech, "We could say, because of that precious document, the United States Constitution, here stands the great grandson of a former slave, before all Americans, white men, black men, Jews and Gentiles, Protestants and Catholics, here in front of the Washington Monument . . . Here we are Dr. Franklin, standing as one in 2010, and we have held, we will hold, and we can say that the star spangled banner still waves over the land of the free and the home of the brave."

Call us "redneck racists" or "oreo cookies" if you want, but we know who we are. We are Americans, and we will not "go away quietly into the night." Too many have given too much to give us liberty for us to sit back silently and let it all slip away.

Happy Independence Day.

 

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Love of liberty unites the races

At a Tea Party rally in Washington, DC, April 15, MSNBC TV reporter Kelly O'Donnell thrust a microphone in the face of a dark-skinned man, and asked him if he had ever felt "uncomfortable" inasmuch as "there aren't a lot of African-American men at these events."

"No," he responded. These are my people: Americans."

O'Donnell works for a network which has helped nurture the falsehood that the Tea Party movement is comprised mostly of "redneck racists." Too bad she and her camera crew didn't stick around that day to witness and share with their viewers the rally's final speech. It was delivered by black preacher C.L. Bryant of Louisiana, founder of Runaway Slaves, a movement that "captures the spirit of America" by compelling Americans to "flee economic slavery and run toward the blessings of liberty."

If MSNBC had shown Rev. Bryant's speech, it would have raised, for some, an uncomfortable question: if these people are racists, why are they cheering at every word this black man speaks?

Further evidence that the Tea Party is not motivated by racism came June 22 when Tim Scott, a black candidate backed by the Tea Party, won a Republican congressional primary in South Carolina against his white opponent, Paul Thurmond, son of Strom Thurmond, who ran for President as a segregationist in 1948. If he beats his Democrat opponent in November, Scott will be the first black Republican from South Carolina elected to Congress since post-Reconstruction Democrats enacted laws designed to keep blacks from voting. What irony: a movement which many modern Democrats are trying to discredit as racist is on the verge of putting the final nail in Jim Crow's coffin.

What later became known as the Tea Party movement began under a white president, George W. Bush, when his Treasurer engineered a multi-billion dollar bailout of disgustingly corrupt bankers. Blacks and whites, liberals and conservatives, voiced strong opposition to this gross insult to, and mockery of, freedom and fairness. But their representatives in Congress, as well as the Republican and Democrat presidential candidates, snubbed them. The bankers won and "we the people" lost.

But the resulting protest continues to grow, making the powerful elitists nervous. What happens if "Mr. Smith" really "goes to Washington," what if the people throw out our bought-and-paid-for congressmen and replace them with naive bumpkins who still believe in the Constitution? So the desperados and their witless dupes have resorted to a contemptible tactic employed by cornered "corruptocrats" throughout the ages: the smear campaign. Protestors who refuse to curb their freedom of speech are to be marked and discredited as racists.

The good news is that the dirty ploy is not working. As Rev. Bryant put it in his April 15 speech, "We are not going to play the color game anymore. We are not racist. We are not haters. But we are angry; angry at being lied to; angry that this shining city on a hill is being assaulted by socialists . . . We will not go away quietly. We will stand and we will fight. We are Americans, and we will not bow down to any earthly rulers."

Let us remember on this Independence Day that blacks and whites have been fighting together for liberty since the Revolutionary War, and we are doing so now despite the wall that the selfish protectors of their own power are trying to build between us.

We are not against the redistribution of wealth -- as long as it occurs through the voluntary transactions of free, consenting adults; not through government confiscation of someone else's earnings for the purpose of enriching the politically connected, buying votes, and paying back big campaign contributors.

What is happening in America today is what our founding fathers feared would happen if we neglected to pay the price that freedom demands -- eternal vigilance -- and if people got used to living off the fruits of the public treasury. While we were living and partying on borrowed and inflated money, conniving financiers were buying our public officials. Now these malodorous oligarchs are constantly creating new and devious ways to gain access to our pocketbooks. When access is blocked, they just print or borrow money and enslave us through inflation and debt, to be paid back with ever-increasing taxation, and the cycle continues until we are all slaves.

When Benjamin Franklin came out of the Constitutional Convention in 1787, somebody asked him, "Well, doctor, what have we got -- a Republic or a Monarchy?" "A Republic, if you can keep it," Franklin responded.

"If we could speak to Benjamin Franklin through the annals of time," Rev. Bryant said near the close of his Tea Party speech, "We could say, because of that precious document, the United States Constitution, here stands the great grandson of a former slave, before all Americans, white men, black men, Jews and Gentiles, Protestants and Catholics, here in front of the Washington Monument . . . Here we are Dr. Franklin, standing as one in 2010, and we have held, we will hold, and we can say that the star spangled banner still waves over the land of the free and the home of the brave."

Call us "redneck racists" or "oreo cookies" if you want, but we know who we are. We are Americans, and we will not "go away quietly into the night." Too many have given too much to give us liberty for us to sit back silently and let it all slip away.

.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

A street fair turned bad

When I hear Federal Reserve chair Ben Bernanke heralded as the savior of our economy, I am reminded of Robert Higgs's description of a metaphorical street fair, "one of those happy community gatherings at which sellers of handcrafted ceramics, funky clothing, herbal remedies, and fresh vegetables congregate to display their wares for the strolling customers, who chat amiably with the stall-keepers and with one another. Suddenly, amid horrified shrieks and the roar of a giant engine, a truck plows through this placid setting, scattering twisted debris and broken bodies in its wake. Finally, after wreaking a hundred-yard swath of death and devastation, the truck stops, and the driver, Ben Bernanke, climbs down from the cab.

"'Do not panic. I am here to assess the damage,' Bernanke explains, 'and make recommendations for reforms that will prevent a recurrence of this unfortunate and wholly unforeseen act of God.'

"Undismayed by the swelling chorus of curses and groans, the truck driver addresses the gathering crowd of stunned onlookers. 'We must have a strategy that regulates the street fair system as a whole not just its individual components.' He then methodically lays out a series of recommendations for strengthening the construction material of stalls and regulating their placement along the street, for ensuring that each transient merchant has an adequate capital cushion against such crises, for monitoring fruitmongers and hippy artists deemed 'too big to fail,' to keep them from taking excessive risk . . .

"'Moreover,' he continues, 'street fairs are too important to be left to each town to regulate.' He proposes that the rules be harmonized among the mayors of all the world's great cities and that a global street-fair authority be created to monitor street-fair risks and protect the people from accidents like the one that just occurred . . ."

Of course Bernanke only drives the Federal Reserve truck, which is owned by international bankers who would also like to own the surviving free marketeers in the aforementioned scenario. The payoff to the bankers, whose interests Bernanke protects and promotes under the guise of stabilizing our economy, is that the street fair merchants would have to take out loans in order to meet the new, improved street fair standards.

Since a bank-controlled Congress abdicated its Constitutional responsibility to regulate the nation's money supply and gave the job to the Federal Reserve in 1913, the dollar has lost 90 percent of its purchasing power through the Federal Reserve's printing of unbacked paper money and debt creation. The growth of the banking community's control over our economy and government has been steady and quiet for most of the past 100 years, but early in this century the bankmeisters got greedy even by barnyard swine standards, made some wild gambles, lost their hides, and came to their man in the Treasury Dept. to bail them out with taxpayer money in concert with Congress and the Federal Reserve. This has worked out pretty good for the bankers and their shareholders -- for example, current U.S. Treasurer Tim Geithner's 98,000 shares of Goldman-Sachs have tripled in value since the bank bailouts began last fall.

But the taxpayer rescue of big banks has not had a soothing effect on those straining to pay the interest on their mortgages and pay off their student loans and credit cards. Their anger has helped them coax over 250 of their representatives in Congress to co-sponsor with Congressman Ron Paul a bill which would take some power from the bankers and return it to Congress.

In 1950, the law which created the Federal Reserve was amended to exempt the Federal Reserve from any auditing procedures. It is entrusted with our money supply, including hundreds or billions of dollars of bailout money and all it can print, and has zero accountability. The Federal Reserve Transparency Act, H.R. 1207, would subject the Federal Reserve to congressional auditing.

"If we get the audit and get the books open, make them answer the questions," Paul said, "I am convinced that the American people will be so outraged that then we will have reform of the monetary system . . . we will be forced to live within our means."

In 1942 in a short war propaganda film called Inflation, the devil consults with Hitler about how to defeat America. The devil's idea was to help Hitler by giving Americans easy credit and drowning us with debt so we'd be too poor to support the war effort. The devil's plan didn't work soon enough to help Hitler, but, though the film was fiction, the post-war proliferation of credit cards, debt, and inflation have grown into an ugly reality that has spread to the point that now we can barely support ourselves without government assistance -- and the government really has nothing to offer us but more debt.

Free enterprise is not to blame for our economic crisis. It is the subversion of our marketplace by an elite ruling class of control freaks aided and abetted by the Federal Reserve that has turned our once peaceful and prosperous street fair into a tattered remnant of its former self. If we can discipline ourselves to live within our means, and compel the keepers of the public trust to do the same, we can repair the damage and restore America to its status as a haven for those who value freedom, fairness, and opportunity.

 

 

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Essay Contest -- Money Does Grow on Trees

In trying to teach their kids financial responsibility, parents used to say, "Money doesn't grow on trees." In other words, money had to be earned; nobody was going to just give it to you. But paper does come from trees, and the Federal Reserve chairman has vowed to print as much paper money as necessary to stimulate the economy.  If our government-sanctioned Federal Reserve can just print money to give to banks to loan out at interest, why can't Congress just instruct the Federal Reserve to print enough money to make every American wealthy? A pre-1921 silver dollar and once ounce of silver bullion will be awarded by JP's Coins & Collectibles to the author of the best essay answering that question. Send your essays of 500 words or less to Essay Contest, JP's Coins & Collectibles, 420 S. Burdick St., Kalamazoo, MI 49007. Deadline for entries is the 4th of July.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Give me liberty or give me debt

While our descent from liberty to servitude proceeds at an ever-quickening pace, perhaps we can ascertain the crux of the problem by harkening back to the final days of the 2008 Presidential campaign.

Sharing the headlines with the candidates at the time was the bill to use $700 billion of the people's money to bail out corrupt, financially irresponsible banks. This bill had been defeated once in Congress, due to overwhelming bipartisan opposition by millions of people who took the time to let their congressmen know how they felt. Chief promoter of the bill, Henry Paulsen, U.S. Treasurer and former head of banking giant Goldman-Sachs, continued to twist congressional arms, and the bill quickly resurfaced, this time laden with $100 billion of extra fat to entice our more piggish representatives. At this point, many of us naively and idealistically expected one if not both of the presidential candidates to take the side of the people. Neither Obama nor McCain did.

Instead, both candidates gave nearly identical speeches -- it would probably be more accurate to say they read scripts -- in support of the bill, which passed the second time around. I had the distinct impression that the talking points on this subject had been provided to the candidates, as well as to Congress, by someone in Henry Paulsen's office, most likely written by someone in the Goldman-Sachs public relations department. All supporters of this heist, including Obama and McCain, were using the same catch phrases and buzz words -- "free up the credit markets . . . student loans . . . auto loans . . . loans to businesses so they can meet their payrolls, blah, blah, blah . . ." In other words, it was vitally important that America maintain its addiction to borrowed money.

Further evidence that the banking community is in control of our government came when President Obama appointed a Paulsen accomplice in the bank "bailout," Timothy Geithner, to head the so-called new and improved administration's Treasury Department. That is not change. Real change would mean putting someone in Treasury who has more allegiance to the people who supply the Treasury with money than those who take it.

Though we are losing money and liberty to this new government of the bankers, by the bankers, and for the bankers, we are gaining a deeper understanding of what Thomas Jefferson meant when he warned that "banking institutions are more dangerous to our liberties than standing armies."

Today our most powerful banking institution, and thus the biggest threat to our liberty, is the Federal Reserve, created by the Federal Reserve Act of 1913, which was most likely passed by congressmen who received large donations from bankers. Congressman Charles A. Lindbergh, Sr., father of the famous pilot, said, "When the President signs this Act, the invisible government by the money power will be legalized."

Of all the Republicans and Democrats who ran for President in 2007-2008, only one, Congressman Ron Paul of Texas, understood the relationship between our Federal Reserve ("Fedzilla," as some call it) money system and America's financial crisis. Recently he introduced a bill, HR 833, which would repeal the Federal Reserve Act and abolish the Federal Reserve.

 

"From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by
the housing bubble," Paul said, "every economic downturn suffered by this country over the past century can be
traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy
with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a
recession or depression when the Fed-created bubble bursts."

More than our pocketbooks and retirement accounts are threatened by the current economic crisis. Powerful people in powerful places are using this occasion to tranfer power from the people to an elite ruling class who feel they are more qualified to spend our money than we are. One man, Ron Paul, is trying to transfer power back to the people.

"The borrower is servant to the lender," as it says in the Book of Proverbs. The bankers and their allies in Congress seem determined to make servants of us all. Let them know that you prefer liberty. Let them know that you support HR 833.

 

Email ItEmail It | Print ItPrint It | CommentsComments (1) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

A fairness dividend that would revive economy

Honest, financially responsible citizens will be marching with pitchforks and torches on Washington and Wall Street if the newly nationalized banking system provides irresponsible borrowers with lower mortgage interest rates than the rates being paid by those who faithfully make the mortgage payments every month, year after year.  However, there is a  way to help overextended borrowers stay in their homes without being unfair to the rest of us -- 3 percent interest rates for everybody making house payments.
 
In addition to being fair, such an across-the-board lowering of interest rates would stimulate the housing industry and the whole economy. It would make housing affordable for more people and minimize the foreclosure epidemic while at the same time raising home values. Such a  plan would also put a couple of hundred extra dollars a month in the hands of millions of consumers, which would revive the consumer spending on which our economy -- the auto industry,  restaurants, retailers, etc. -- thrives.
 
President Bush could improve his tarnished reputation by directing banking czar Henry Paulsen to make this economic stimulus plan happen. If Bush won't do it as a going away present to the people, Obama and his allies in the House and Senate could make it happen. Across-the-board 3 percent mortgage interest rates would be a fair and feasible plan. Perhaps its greatest feature is that it restore a measure of credibility to the government and the banking system.
 
We will see which is stronger -- the government of the people or the invisible government of  bankers. Let your representatives know which one you prefer. 
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

Founding fathers tried to prevent financial crisis

In pondering the current financial-congressional scandal, the following quotes from some of America's early leaders might help shed light:

"I believe that banking institutions are more dangerous to our liberties than standing armies." -- Thomas Jefferson

"If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash." -- George Washington

"I am firmly of the opinion that there never was a paper pound, a paper dollar, or a paper promise of any kind, that ever yet obtained a general currency but by force or fraud, generally by both." -- John Adams

"Of all the contrivances devised for cheating the laboring classes of mankind, none has been more effective than that which deludes him with paper money." -- Daniel Webster

Those are some of the reasons they put this in Article 1, Section 8 of the Constitution: "No state shall make anything but gold or silver coin a tender in payment of debts." That clause was negated in 1913 by the Federal Reserve Act, which was most likely passed by congressmen, like congressmen today, who received large donations from bankers. When this Act passed, Charles A. Lindbergh, Sr., father of the famous pilot, said, "When the President signs this Act, the invisible government by the money power will be legalized."

As Andy Naylor put it in an article titled "Federal Reserve Fraud," when Woodrow Wilson signed the Act into law, he gave our country's money system "to a group of private bankers and allowed them to create money by making bookkeeping entries, loan it at interest, and take title to real property as collateral. Because of this, the citizens of the United States have lost control over their money system and their government."

Over the years, critics of this new system were increasingly villified, marginalized, lunafied, and silenced. Of all the Republicans and Democrats who ran for President this year, only one, Congressman Ron Paul of Texas, understood the relationship between our Federal Reserve ("Fedzilla," as some call it) money system and America's financial crisis. He was derided by the establishment media and other powerbrokers, which reminds me of something Gustave Le Bon said in his study, "The Crowd:"

"The masses have never thirsted after truth. Whoever can supply them with illusions is easily their master; whoever attempts to destroy their illusions is always their victim."

But the truth is a stubborn thing, and the current financial crisis is helping to reveal it.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive

A Prayer for Obama and the Nation

Most of us who opposed his candidacy are now praying that God will bless Barrack Obama with good health and sound judgement. And, as we look towards Washington with our hands outstretched and hope in our hearts, let's pray also that the new administration, in redistributing the wealth of rich Americans to improve life for the rest of us, will make distinctions between those who earned their wealth honestly and those who didn't.

I can see the common good of confiscating the wealth of rich crooks, which would include many congressmen as well as some of their cronies in high finance. However, redistributing the wealth of those who earned it fair and square through hard work in school and on the job could have unintended negative consequences. For example, it might encourage some of our nation's top producers and job providers to flee to countries which reward success rather than penalizing it -- a flight of the golden geese, so to speak. This could result in a loss of freedom, prosperity, and opportunity for those left behind.

As we pray for our new leaders, let us pray also that we don't go so far down the road to Socialism that we can't turn back. The road is paved with golden promises, but it ends in dependency and mediocrity. God bless Barrack Obama, and God bless America.

Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive
« Previous1Next »