Our lovely National Bank

I was reading another article ripping on Ron Paul this morning (by a republican) and came across this thought in the comment thread that followed.

"In 1913 the Federal Reserve was created and given a government-enforced monopoly on bank-note issue. (That is, only they were allowed to print receipts for gold on deposit.) By 1929 they had printed twice as many Fed notes as there was gold those notes supposedly represented. The crash of 1929 was what happened when everyone simultaneously figured out they had been swindled by the Fed. Hoover's response was not to cut government spending but to increase it. (Ever hear of the Hoover dam?) And the government in general acted not to protect the economy but to protect the bankers, eventually outlawing the use of gold by private citizens in 1933. The Keynesian narrative is total garbage. It predicted nothing, and its prescriptions have never worked."

I personally don't know how to feel about commodity based money (money with metal of value behind it). In theory it makes sense to have something behind every note. But I think in today's society with the internets and what not, keeping track of such stuff in real time would be nearly impossible and extremely expensive. But for our government to dictate that you can't hold onto gold, or silver as it did in the early 20th century seems in direct conflict with personal liberty. So what is the worth of money? they print it, and we get it for our time. Basically the money is not worth its value in gold or silver or any other metal, rather its worth a portion of an individual's life. So in theory, when you tax someone's income, you are taxing their life. You are being charged for living. And not lazy living, rather productive living. Seems a little strange to me.

Yeah I got off subject there, but that's the beauty of having one's own blog. I do what I want. And you are more then welcome to agree, disagree, worship or do whatever you choose.

Maybe the fed can at least make our money more colorful?

Interesting Viewpoints From the Fringe of a Major Political Party

"After decades of New Deal and Great Society social activism; combined with the rapid decline in civics and American history education in our government schools; mixed with a growing population of ill-informed and apathetic voters; government at every level in this country continues to be too big, too intrusive, and too expensive.

Founded in 1991, the Republican Liberty Caucus exists to promote individual liberty, limited government, and free enterprise within the Republican Party by:
(a) promoting these ideals among Party officials and its various organizations,
(b) identifying and supporting candidates sympathetic with these ideals, and
(c) promoting Caucus membership among Republican Party registrants, officials, and officeholders.

While rolling back decades of government “nannyism” will require a great deal of public education and grassroots lobbying, the most important means of changing public policy is to change public officials. Therefore, the Republican Liberty Caucus works to elect pro-liberty Republicans to offices at all levels, partisan and non-partisan, in both primary and general elections."




I assume there are people within the Democratic party that share these beliefs. If only all the people who do so could unite under what they have in common rather then what they disagree on.

see:

The New Real Deal

All (both of you),

I have decided to gather my thoughts and "re-purpose" this site as a place where I and others can put their ideas and beliefs on the internets. I assume you know that I am pretty conservative in the root meaning of the word (conserve). I don't like big government, not because I'm a right wing crazy, but rather, I don't think most human beings really have the ability to make decisions that truly are in the interest of others. I think most people can agree that our federal government is way to large to be effective in doing almost anything. And have lost sight of its original purposes.

At the same time I do not believe that the wasteful lifestyle that seems to define us as Americans is a healthy way to live (I am not saying that I am without fault here, and I am not casting a stone at the choices of others, rather, I am just stating that what we are doing isn't really "right" and is clearly not sustainable, we should be better stewards of the world we have been blessed with).

So, I invite you post your ideas. I hope this gets fairly large, and people can come together in they believe in, not their differences.

“We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds… [we will] have no time to think, no means of calling our mis-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow sufferers… And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for [another ]… til the bulk of society is reduced to be mere automatons of misery… And the fore-horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression.” – Thomas Jefferson

If only politicians today understood the things men did over 225 years ago.