COMMON SENSE; Revisited
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John Maynard Keynes
July 07, 2009 at 07:21 pm by COMMON SENSE; RevisitedQuote under:
John Maynard Keynes, C.B., The Economic Consequences of the Peace (Macmillion and Company, London, 1920) p. 220, 221.By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
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Robert Hemphill
July 07, 2009 at 07:15 pm by COMMON SENSE; RevisitedQuote under:
Irving Fisher, 100% Money (Adelphi, 1935) Foreward.If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.
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Louis T. McFadden
July 07, 2009 at 07:12 pm by COMMON SENSE; RevisitedQuote under:
Jerry Robinson, Bankruptcy of Our Nation (New Leaf Publishing Group/New Leaf Press) p. 167.Some people think the Federal Reserve banks are United States Government institutions. They are not Government institutions. They are private monopolies which prey upon the people of the United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.
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A Letter to My Bank
July 07, 2009 at 04:13 pm by COMMON SENSE; RevisitedPost under:Dear Sirs, In view of what seems to be happening internationally with banks at the moment, I was wondering if you could advise me. If one of my checks is returned marked “Insufficient Funds,” how do I know whether that refers to me or to you?
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The Evil of our Current Monetary System
July 07, 2009 at 03:58 pm by COMMON SENSE; RevisitedPost under:I have been finding that there is one issue, the evil nature of our current monetary system, that brings people from different political perspectives together. This provides us with a tremendous opportunity to create a consensus among a huge number of people and then focus that political power to take a very specific action. Eliminating the Fed is going to take some major work and major education, but passing the following two bills that have been introduced in Congress would be a big step in the right direction. Please call your congressman and ask them to cosponsor these bills. Tell all of your friends to do this and get the word out.
The two bills are the “Honest Money Act” (HR 2756), and the “Free Competition in Currency Act” (HR 4683). You can go to this website http://www.downsizedc.org/etp/campaigns/85 to find out about these bills and send your congressman a message. The education on this issue is critical so tell your friends to read these two books on line for free:
What Has Government Done to Our Money? (available free at http://mises.org/rothbard/rothmoney.pdf)
The Case for Gold, by Ron Paul (available free at http://www.mises.org/books/caseforgold.pdf)Of all the things we can do to put our country in tune with fundamental principles of natural law there is nothing more important than getting the monetary system fixed. Let’s create a groundswell of support for these two bills and we will have taken a major step toward restoring the heart of America.
