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  Gold, Freedom, And The Fed
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Viking  
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 More options Nov 27 2009, 9:17 pm
From: Viking <grizzlybea...@gmail.com>
Date: Fri, 27 Nov 2009 18:17:56 -0800 (PST)
Local: Fri, Nov 27 2009 9:17 pm
Subject: Gold, Freedom, And The Fed
"I would assume that most of you are not independently wealthy. You
work for a living. You bring home a paycheck. You try to make ends
meet. You try to save a portion of your income, perhaps to help pay
for your children’s education, to provide for a rainy day, or for your
later years in life.

But if you’re like most Americans today, you’re having a difficult
time making ends meet. Moreover, not only are you not saving a large
portion of your income, you’re likely not saving anything at all.
You’re just getting by.

The reason for this is the Federal Reserve, in conjunction with the
Internal Revenue Service.

As libertarians, we understand the importance of capital to prosperity
and a rising standard of living. When people save, they place their
savings in the bank. That increase in the supply of available capital
causes interest rates to drop, sending a signal to businesses that
additional capital is available in the marketplace. Businesses borrow
the money to purchase tools and equipment that make their workers more
productive. More productivity increases the revenue of the firm,
thereby making more money available to pay higher wages.

Along comes election time, which is an important time for incumbent
public officials. To assist them, the Fed engages in intricate
operations that artificially lower the interest rate, thereby sending
a false signal into the market. Businessmen rely on that signal,
borrow the money, and expand their operations. A couple of years
later, things shake out. The so-called bubble bursts, as it has in the
home-mortgage market. The irony is that the statists, Republicans and
Democrats alike, blame inevitably blame the crises on “free
enterprise” and call for socialist measures to solve the problem, as
they have in the current mortgage crisis."

Full article here:
http://www.marketoracle.co.uk/Article15353.html


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suzireb  
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 More options Nov 27 2009, 9:39 pm
From: suzireb <suzi...@yahoo.com>
Date: Fri, 27 Nov 2009 18:39:14 -0800 (PST)
Local: Fri, Nov 27 2009 9:39 pm
Subject: Re: Gold, Freedom, And The Fed
the article:
Several years ago, Ben Bernanke, before he became chairman of the
Federal Reserve, was speaking at a dinner in honor of Friedman. In
what has turned out to be one of the most remarkable admissions by a
public official, Bernanke openly and publicly admitted that it was the
Federal Reserve that caused the Great Depression.
and
Franklin Roosevelt seized on that government-caused crisis to
revolutionize America’s economic system, foisting on our land a
panoply of socialist and fascist programs, in the name of “saving free
enterprise.” In fact, Roosevelt’s programs mirrored what the Benito
Mussolini was doing in fascist Italy and what Joseph Stalin had been
doing in communist Russia. Indeed, even the chancellor of Germany in
the 1930s sent Roosevelt a letter commending him on his economic
programs, stating that he were doing the same thing in Germany.
Roosevelt and his cronies also convinced people that part of the
problem was the fact that the American people were using gold coins
and silver coins as their money. Nothing could be more ludicrous.
Nonetheless, Roosevelt used the economic emergency to commit one of
the most heinous crimes in U.S. history. He ordered every American to
turn in his gold to the federal government, at a devalued price. What
had been the money standard for more a century now became a federal
felony offense.

On Nov 27, 8:17 pm, Viking <grizzlybea...@gmail.com> wrote:


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suzireb  
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 More options Nov 27 2009, 9:41 pm
From: suzireb <suzi...@yahoo.com>
Date: Fri, 27 Nov 2009 18:41:08 -0800 (PST)
Local: Fri, Nov 27 2009 9:41 pm
Subject: Re: Gold, Freedom, And The Fed
I see deflation occurring at this time..
it's like a fire sale, prices are low.

On Nov 27, 8:39 pm, suzireb <suzi...@yahoo.com> wrote:


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Viking  
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 More options Nov 27 2009, 9:53 pm
From: Viking <grizzlybea...@gmail.com>
Date: Fri, 27 Nov 2009 18:53:06 -0800 (PST)
Local: Fri, Nov 27 2009 9:53 pm
Subject: Re: Gold, Freedom, And The Fed
Increases in the money supply (classic definition of inflation)
typically result in delayed increases in the prices of commodities,
which we are seeing in the form of higher energy and food prices, as
well as gold and silver. Howard Katz refers to this phenomenon as the
"commodity pendulum".

More from the article (one of the best I've read lately):

"As prices in society begin rising in response to the devaluing
dollar, the average person doesn’t have any idea that the government
is behind it, which is precisely why government officials love a
central bank so much. They know full well that the average person is
going to lay the blame for rising prices on such things as greed,
capitalism, free enterprise, and profit. Seeing prices rise, he’ll
blame the oil companies, the service station owners, the grocers, and
clothing stores. The last thing he’ll consider is that it is the
federal government itself, operating through the Federal Reserve, that
is responsible.

After all, most people look upon the federal government as a friend, a
parent, even a god. Our government is our provider, they say. It
provides our retirement, food, unemployment compensation, health care,
education, and so forth. It also protects us from the terrorists, the
communists, the drug dealers, the illegal aliens, and other scary
creatures. It would never do anything bad to us, much less seize our
income and earnings secretly and surreptitiously through monetary
debasement."

On Nov 27, 9:41 pm, suzireb <suzi...@yahoo.com> wrote:


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Viking  
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 More options Nov 28 2009, 8:18 am
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 05:18:02 -0800 (PST)
Local: Sat, Nov 28 2009 8:18 am
Subject: Re: Gold, Freedom, And The Fed
More:

"Now, permit me digress a moment. Some 40 years ago, both liberals and
conservatives sent some 58,000 men of my generation to their deaths
thousands of miles away, in Vietnam, in one of those foreign wars that
are so beloved to both conservatives and liberals. The rationale for
sending those men to their deaths, along with killing more than a
million Vietnamese people, was the communist threat, a threat that was
considered by conservatives and liberals to be even more frightening
than the terrorist threat today. We were told that if these American
men weren’t fighting and dying in Vietnam, the dominoes would start
falling and finally end with a communist conquest of the United
States. We were told that the communists were one gigantic block of
people, led by the Chinese communists and Soviet communists.

We were constantly reminded of how evil and destructive these
communist regimes were, which was about the only truthful thing U.S.
officials ever said.

Now, some 40 years later, guess who has become the premier foreign
lender-in-chief for the U.S. government. You guessed it: The Chinese
communists! Imagine that. That’s where both conservatives and liberals
have been borrowing a large portion of the money to fund their
grandiose welfare-warfare programs for the past 8 years. What better
example of moral debauchery and hypocrisy than that? After all, the
Chinese communist regime in China hasn’t changed its essential nature
one iota in the last 40 years."

On Nov 27, 9:17 pm, Viking <grizzlybea...@gmail.com> wrote:


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squeegeny  
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 More options Nov 28 2009, 8:52 am
From: squeegeny <squeeg...@yahoo.com>
Date: Sat, 28 Nov 2009 05:52:13 -0800 (PST)
Local: Sat, Nov 28 2009 8:52 am
Subject: Re: Gold, Freedom, And The Fed
There's the crux of the problem.  I believe you hit the nail right on
the head!:

"After all, most people look upon the federal government as a friend,
a
parent, even a god. Our government is our provider, they say."

On Nov 27, 9:53 pm, Viking <grizzlybea...@gmail.com> wrote:


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Sweatsock  
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 More options Nov 28 2009, 9:55 am
From: Sweatsock <jimmeshel...@gmail.com>
Date: Sat, 28 Nov 2009 06:55:07 -0800 (PST)
Local: Sat, Nov 28 2009 9:55 am
Subject: Re: Gold, Freedom, And The Fed
At the close Friday, the dollar was down $2.18.

On Nov 28, 5:52 am, squeegeny <squeeg...@yahoo.com> wrote:


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Viking  
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 More options Nov 28 2009, 10:48 am
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 07:48:35 -0800 (PST)
Local: Sat, Nov 28 2009 10:48 am
Subject: Re: Gold, Freedom, And The Fed
Pathetic.

People should look to the federal government for very little.
Security and justice through the law.  We should barely know the
federal government is even there, let alone regard it as a friend,
parent or a god. This is preposterous and against all that our nation
was founded upon.

On Nov 28, 8:52 am, squeegeny <squeeg...@yahoo.com> wrote:


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jimmyd  
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 More options Nov 28 2009, 11:12 am
From: jimmyd <jimmydiang...@gmail.com>
Date: Sat, 28 Nov 2009 08:12:22 -0800 (PST)
Local: Sat, Nov 28 2009 11:12 am
Subject: Re: Gold, Freedom, And The Fed
Isn't it funny that America is "trying" so hard for a strong currency
while the rest of the world is trying to devalue theirs.

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squeegeny  
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 More options Nov 28 2009, 12:08 pm
From: squeegeny <squeeg...@yahoo.com>
Date: Sat, 28 Nov 2009 09:08:52 -0800 (PST)
Local: Sat, Nov 28 2009 12:08 pm
Subject: Re: Gold, Freedom, And The Fed
I solicited comments on another thread regarding an agenda from a
prominent group that I believe is very influential in this way of
thinking-that the government is our provider.  Here it is again:

To combat poverty systematically and effectively, the federal
government must implement policy changes to address
the current weaknesses in our economic and social policies. These
policy changes include steps to:
1) Create more livable wage jobs and raise wages, including the
minimum wage
2) Invest in social policies that support low-income families and
individuals
• Strengthen and protect our nation’s nutrition safety net
• Improve the Temporary Assistance for Needy Families (TANF) program
to benefit more families
• Ensure universal health insurance coverage
• Improve access to safe and stable child care
• Support policies that strengthen families
• Create more affordable housing
• Improve the Earned Income Tax Credit (EITC) to be more inclusive
• Improve access to education and training
• Address the growing wealth disparity
To assist in paying for these policy changes,XXXXX supports
progressive tax policies that will benefit
lower and middle income taxpayers while asking those who have more to
pay more.

On Nov 28, 10:48 am, Viking <grizzlybea...@gmail.com> wrote:


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Viking  
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 More options Nov 28 2009, 1:13 pm
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 10:13:29 -0800 (PST)
Local: Sat, Nov 28 2009 1:13 pm
Subject: Re: Gold, Freedom, And The Fed
These initiatives sound great on paper (and in speeches, which makes
it easy for statist politicians to win elections), but actually
represent massive interference in the free market society we
historically thrived in.

People have become complacent and increasingly ignorant, particularly
over the last two generations, to the point where nearly the majority
of people expect the government to provide and create the conditions
specified in the agenda you listed.

As the original article discloses, it is the unique ability to borrow
and monetize deficit spending through the central bank (Fed) which has
enabled statist politicians of both major parties to "promise the
world" when in reality they are stealing from us all by devaluing our
labor and confiscating/redistributing our wealth.

A return to sound money will mean a return to a sound America.

On Nov 28, 12:08 pm, squeegeny <squeeg...@yahoo.com> wrote:


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squeegeny  
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 More options Nov 28 2009, 1:27 pm
From: squeegeny <squeeg...@yahoo.com>
Date: Sat, 28 Nov 2009 10:27:01 -0800 (PST)
Local: Sat, Nov 28 2009 1:27 pm
Subject: Re: Gold, Freedom, And The Fed
Actually, it's the agenda of Catholic Charities.  I copied it from
their website.  People may have become complacent and ignorant, but
this is the social gospel the mainstream ecclesiastic authorities have
been espousing for sometime now.  ACORN, a past beneficiary of
charitable contributions by Catholics, is just one of many
organizations the Federal Government funds that promote this agenda.

On Nov 28, 1:13 pm, Viking <grizzlybea...@gmail.com> wrote:


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Viking  
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 More options Nov 28 2009, 1:38 pm
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 10:38:27 -0800 (PST)
Local: Sat, Nov 28 2009 1:38 pm
Subject: Re: Gold, Freedom, And The Fed
Well, that explains my brother (converted Catholic and devoted Obama
supporter).

The government should not be funding any of these organizations.  It
achieves this funding by devaluing, confiscating and redistributing
wealth.

On Nov 28, 1:27 pm, squeegeny <squeeg...@yahoo.com> wrote:

...

read more »


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squeegeny  
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 More options Nov 28 2009, 1:44 pm
From: squeegeny <squeeg...@yahoo.com>
Date: Sat, 28 Nov 2009 10:44:07 -0800 (PST)
Local: Sat, Nov 28 2009 1:44 pm
Subject: Re: Gold, Freedom, And The Fed
Agreed.  The "economic justice" agenda is a corrupting influence on
society.  No where is this more apparent than in the ghettos of this
country.

On Nov 28, 1:38 pm, Viking <grizzlybea...@gmail.com> wrote:

...

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Viking  
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 More options Nov 28 2009, 1:59 pm
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 10:59:16 -0800 (PST)
Local: Sat, Nov 28 2009 1:59 pm
Subject: Re: Gold, Freedom, And The Fed
I live in the DC-Baltimore region. Going into areas of either great
city makes me sad and angry.  I know why these areas are the way they
are, and I want to tell everyone I see.  But I cannot.  My concepts of
freedom, opportunity and prosperity are dismissed and derided.  The
false promise of entitlement has a stranglehold around countless necks
of Americans everywhere.  Sadly, it must collapse into the thin air
from where it came before the masses will be forcefully awakened to
the injustice they have endured and perpetuated.

On Nov 28, 1:44 pm, squeegeny <squeeg...@yahoo.com> wrote:

...

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squeege  
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 More options Nov 28 2009, 3:47 pm
From: squeege <squeeg...@gmail.com>
Date: Sat, 28 Nov 2009 12:47:18 -0800 (PST)
Local: Sat, Nov 28 2009 3:47 pm
Subject: Re: Gold, Freedom, And The Fed
I have things I would like to say about that as well, but Im sure it's
not what anyone wants to hear.

On Nov 28, 1:59 pm, Viking <grizzlybea...@gmail.com> wrote:

...

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Viking  
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 More options Nov 28 2009, 8:32 pm
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 17:32:05 -0800 (PST)
Local: Sat, Nov 28 2009 8:32 pm
Subject: Re: Gold, Freedom, And The Fed
Speak thy mind, meester squeege.

On Nov 28, 3:47 pm, squeege <squeeg...@gmail.com> wrote:

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mrgrackle  
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 More options Nov 28 2009, 8:58 pm
From: mrgrackle <mrgrac...@gmail.com>
Date: Sat, 28 Nov 2009 17:58:46 -0800 (PST)
Local: Sat, Nov 28 2009 8:58 pm
Subject: Re: Gold, Freedom, And The Fed
hiya cassandra

On Nov 28, 12:59 pm, Viking <grizzlybea...@gmail.com> wrote:

...

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Viking  
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 More options Nov 28 2009, 9:09 pm
From: Viking <grizzlybea...@gmail.com>
Date: Sat, 28 Nov 2009 18:09:29 -0800 (PST)
Local: Sat, Nov 28 2009 9:09 pm
Subject: Re: Gold, Freedom, And The Fed
Curses!

On Nov 28, 8:58 pm, mrgrackle <mrgrac...@gmail.com> wrote:

...

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squeege  
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 More options Nov 29 2009, 7:11 am
From: squeege <squeeg...@gmail.com>
Date: Sun, 29 Nov 2009 04:11:56 -0800 (PST)
Local: Sun, Nov 29 2009 7:11 am
Subject: Re: Gold, Freedom, And The Fed
Poverty is not a sin and greed and selfishness is not limited to the
upper classes.  Vice and immoral behavior is not a politically correct
cause for poverty, especially when the rich have their own vices (in
the eyes of many of the "poor" in this country).    I've come to
believe that most of us have a level playing field in the US and would
be successful if we made the right choices.  Then again, some people
get a better start and have 'lucky' breaks, but who's to say their
'lucky' just because they have more money than most?  Wealth doesn't
equal happiness and poverty doesn't have to necessarily equate to
misery, lawlessness, or immorality.

On Nov 28, 8:32 pm, Viking <grizzlybea...@gmail.com> wrote:

...

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