Showing posts from September 26, 2010

The FED and Money- An Explanation for Dummies Part 3

This is part 1 of a 5 part clip from Zeitgeist. Note that it only has 3 million views. In America, that would amount to 1% of our population. Thomas Jefferson hated the idea of a central bank run by private bankers. Jefferson was a polymath. A genius in many respects and in many pursuits. He knew that private bankers would become very powerful and ultimately own and enslave America. President Andrew "Old Hickory" Jackson eliminated one version of the central bank. He is the only President to eliminate the debt. He also detested the electoral college. Lots to like about Jackson. Lincoln was offered a 36% interest loan by international bankers for financing the civil war. Lincoln refused and promptly began issuing the "greenback." A fiat currency that worked just fine throughout the war and long after he was killed. All in all, we as a country managed to turn back several attempts of international bankers to control our currency. In 1913, Woodrow Wilson changed all of

The FED and Money- An Explanation for Dummies Part 2

It's not really necessary to give you an entire history of money. If you would like an excellent albeit long account, I am going to suggest the "Secret of Oz." This is an excellent movie that details that history. See it here: Accumulating money is the human story of greed. From it's inception, men have coveted the safety, luxury, and power of money or wealth. That is the common denominator that runs through the history of money, indeed the history of man. The practice of "banking" arose as a direct result of men loaning someone else's wealth. A practice that enabled bankers and money changers to obtain wealth without producing anything. Of greed. I had a friend once describe the situation perfectly. He asked, "Is everyone trying to make the greatest amount of money with the least amount of work?" How could I deny that? I suppose on some micro and individual scale I

The FED and Money- An Explanation for Dummies

I am a dummy. Chances are, you are too. If you can accept that premise without a lot of angst, chances are we are going to get some place. For the record, I am a retired Police Chief with a degree in law enforcement. That hardly qualifies me as a financial expert or an economist. I want to state this up front because that is the white elephant in this room. I have traded stocks and options most of my adult life. I schooled myself, which is to say, I read and studied a lot- I had some success and some failures. In 2008, I watched an extraordinary event. I watched in amazement as the former CEO of Goldman Sachs and then Treasury Secretary, Hank Paulson, literally stole 1 trillion taxpayer dollars in a matter of days and delivered it in the form of bailouts to private banks and an insurer, American International Group. I am going to keep this simple. Paulson and the government broke the law. Rather than let these banks fail, and put them into receivership as the law requires, Paulson and

Dead Man Talking

There may be a sliver of hope left. I'd like to tell you about a blue collar kid that had balls. A real life investigative reporter. A guy that sued the FED. A guy who died way too young but is still winning. I didn't know who Mark Pittman was until today. Read about him here. Let's hope somebody with some cajones picks up this information and carries it through. I've snipped a piece of the ZeroHedge article below. If you want to read the whole thing, it is here: Mark Pittman Wins: Fed To Disclose Emergency Lending Details By December 1 Submitted by Tyler Durden on 09/29/2010 13:49 -0700 AIG American International Group Ben Bernanke Corruption Counterparties Discount Window Fail Federal Reserve Mark Pittman Open Market Operati

Did Legalizing Drugs in Portugal Work?

By just about all measuring sticks, yes. One of the most difficult Libertarian party tenets to overcome, the one where fear mongering rules, is the legalization of drugs. There are dark and fearful forces behind the legalization of drugs. They never rely on facts because you see, they don't have any. I liken the great debate about drugs to prohibition. I don't care so much that alcohol is legal, that's not where the information is. Where the real information resides- is just what happened in America when alcohol was illegal? Just what was so bad- that it forced this country to over turn an amendment and make alcohol legal again? What happened was capitulation. You simply cannot outlaw something that a significant number of people are going to do- law or no law. It's like trying to outlaw oral sex. Millions of people are going to engage in oral sex (and most of us, not enough) whether you outlaw it or not. You can't enforce those silly types of laws whether you despe

The 4th Branch of Government

If you were charged with getting your country back, just where would you start? Mull that question over. Let me provide a hint. I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men. ~ Woodrow Wilson In 1913, President Wilson caved in to the desires of greedy men. A move resisted by all of the Presidents that preceded him. What Wilson did was unbelievable. With one stroke of a pen, he created the 4th branch of government. The 4th branch of government was