Wednesday, December 5, 2012

Unmasking the Thief (the fradulent nature of modern central banking)



Let us consider this thesis: Centrals Banks own us and our ignorance is their cheese for the rats.
Deceit by the deceiver and ignorance of the deceived is always an excellent and deadly mix – excellent for those who have know hows and deadly for those who are fooled. Unfortunately, we are all amazed, though none in his sane mind would ever accept being one of the fools (since it requires a peculiar encounter and honesty to recognize oneself as one of the fooled), majority of the population are so.

One economist said that the creation of money is so simple that in its very simplicity, paradoxically, lies the very reason why the mind deferred the understanding of it. Men unknowingly created web of tangled principles about it and at the same time developed strict adherence to these principles and from time to time slowly forgot the very basic principles that governs all about money. What is it that we need to know about money then? Is it not enough we are able to acquire money then save it or spend it?

Every time the prices of goods increase, majority of the population hurts. If the prices of good jumps 10% it means that the price of your money, which is the purchasing power, is reduced by same extent. Saving on a bank account or investing on a profitable business is encouraged by the incentive that you will get the principal back plus the interest or profit it makes. However with inflation or prices soaring up, when the time of profit taking comes, though your money seemingly increased in amount, its value is substantially less than when it was first invested. Its purchasing power simply declined over time. That is the mess we all need to recognize. Failing to do so will further add up to the mess created against our well beings. How did it come about is a very much less understood phenomenon. People like to ask but not persistent enough to really seek and at least understand the cause of the problem.

Unmasking the thief means knowing the truth how money is created, who creates it, why there is inflation (and deflation), how does it affect every level of society (the lower and middle and the elite).
We must understand the nature of money. Forget once and for all religious myths demonizing money, ergo money is the root of all evil. Money is firmly a lifeless object or representation of something subjected to our own and varying perceptions.  How then MONEY came into being?


Ron Paul: Blind Support of Israel Leads to Unexpected Consequences




As of late Friday the ceasefire in Gaza seems to be holding, if tentatively. While we should be pleased that this round of fighting appears temporarily on hold, we must realize that without changes in US foreign policy it is only a matter of time before the killing begins again. 

It feels like 2009 all over again, which is the last time this kind of violence broke out in Gaza. At that time over 1,400 Palestinians were killed, of which just 235 were combatants. The Israelis lost 13 of which 10 were combatants. At that time I said of then-President Bush’s role in the conflict:
It’s our money and our weapons. But I think we encouraged it. Certainly, the president has said nothing to diminish it. As a matter of fact, he justifies it on moral grounds, saying, oh, they have a right to do this, without ever mentioning the tragedy of Gaza…. To me, I look at it like a concentration camp.
The US role has not changed under the Obama administration. The same mistakes continue. As journalist Glenn Greenwald wrote last week:
“For years now, US financial, military and diplomatic support of Israel has been the central enabling force driving this endless conflict. The bombs Israel drops on Gazans, and the planes they use to drop them, and the weapons they use to occupy the West Bank and protect settlements are paid for, in substantial part, by the US taxpayer…”
Last week, as the fighting raged, President Obama raced to express US support for the Israeli side, in a statement that perfectly exemplifies the tragic-comedy of US foreign policy. The US supported the Israeli side because, he said, “No country on Earth would tolerate missiles raining down on its citizens from outside its borders.” Considering that this president rains down missiles on Yemen, Afghanistan, Pakistan, and numerous other countries on a daily basis, the statement was so hypocritical that it didn’t pass the laugh test. But it wasn’t funny.

US Secretary of State Hilary Clinton traveled to Tel Aviv to meet with Israeli prime minister Netanyahu, but she refused to meet with elected Palestinian leaders. Clinton said upon arrival in Israel, “America’s commitment to Israel’s security is rock-solid and unwavering.” Does this sound like an honest broker?

At the same time Congress acted with similar ignobility when an unannounced resolution was brought to the House floor after the business of the week had been finished; and in less than 30 seconds the resolution was passed by unanimous consent, without debate and without most Representatives even having heard of it. The resolution, H Res 813, was so one-sided it is not surprising they didn’t want anyone to have the chance to read and vote on it. Surely at least a handful of my colleagues would have objected to language like, “The House of Representatives expresses unwavering commitment to the security of the State of Israel as a Jewish and democratic state with secure borders…”

US foreign policy being so one-sided actually results in more loss of life and of security on both sides. Surely Israelis do not enjoy the threat of missiles from Gaza nor do the Palestinians enjoy their Israel-imposed inhuman conditions in Gaza. But as long as Israel can count on its destructive policies being underwritten by the US taxpayer it can continue to engage in reckless behavior. And as long as the Palestinians feel the one-sided US presence lined up against them they will continue to resort to more and more deadly and desperate measures. 

Continuing to rain down missiles on so many increasingly resentful nations, the US is undermining rather than furthering its security. We are on a collision course with much of the rest of the world if we do not right our foreign policy. Ending interventionism in the Middle East and replacing it with friendship and even-handedness would be a welcome first step.

Ron Paul: Government Spending Will Push Us Over the Fiscal Cliff





 
by Ron Paul

As the year draws to an end, America faces yet another Congressionally-manufactured crisis which will likely end in yet another 11th hour compromise, resulting in more government growth touted as “saving” the economy.  While cutting taxes is always a good idea, setting up a ticking time bomb with a sunset provision, as the Bush tax cuts did, is terrible policy.  Congress should have just cut taxes.  But instead, we have a crisis that is sure not to go to waste.

The hysteria surrounding the January 1 deadline for the Budget Control Act’s spending cuts and expiration of the Bush tax cuts seems all too familiar.  Even the language is predictably hysterical: if government reduces planned spending increases by even a tiny amount, the economy will go over a “fiscal cliff.”  This is nonsense.
This rhetoric is based on the belief that government spending sustains the economy, when in fact the opposite is true.  Every dollar the government spends is a dollar taken from consumers, businessmen, or investors. Reducing spending can only help the economy by putting money back in the hands of ordinary Americans.  Politicians who claim to support the free market and the lower and middle-class should take this to heart.

The reality is, however, that neither Republicans nor Democrats are serious about cutting spending. Even though U.S. military spending is exponentially larger than any other country and is notorious for its inefficiency and cost overruns, Republicans cannot seem to stomach even one penny of cuts to the Pentagon’s budget.  This is unfortunate because this is the easiest, most obvious place to start getting spending under control.  The military-industrial complex and unconstitutional overseas military interventions should be the first place we look for budget cuts.

Similarly, Democrats are digging in their heels on not cutting any welfare or entitlement spending and instead propose to fix the deficit by raising taxes on the rich, even though the U.S. Government already has a progressive tax code and the rich already pay more than their fair share. Furthermore, these higher taxes would fall on small business owners, investors, and entrepreneurs—in other words, the source of economic growth and new jobs!

The truth is that there is no excuse for government spending being as high as it is, nor for taxes being as high as they are.  Even the God of the Old Testament only asked for 10% as a tithe and offering, and Americans revolted against the King of England for taxes that amounted to less than five percent.  Yet so many people today complain about “loopholes” for the rich that lower their actual tax rate to “only” 13% in some instances.  Even that is a criminal amount to pay for a wasteful, abusive, unconstitutional government.

We are indeed headed to a fiscal cliff and have been long before this latest hysteria cropped up.  But it is not cuts to spending or reduced government “revenue” that will send us over the cliff, it is continued government spending that will.  Until the federal government limits itself to its Constitutionally-mandated role, spending and taxation will remain out of control.

Look for a “bipartisan” compromise in late December, with Republicans giving in to tax increases and settling for phony spending cuts that actually grow government, and Democrats caving on defense cuts in exchange for tax increases.  This is how the government has always grown: both sides will sacrifice their pro-liberty, small government stances in certain areas in order to grow the government where they prefer.

Liberty always loses in the 11th hour.