Thread: The Jackass Whisperer

"It is the instinct of man from the savage to the scholar--developed in childhood and remaining with age--to value the metals which in all lands are counted "precious." Excessive paper money leads to extravagance, to waste, to want, as we painfully witness to-day. With abounding proof of its demoralizing and destructive effect, we hear it proclaimed in the Halls of Congress that "the people demand cheap money." I deny it. I declare such a phrase to be a total misapprehension--total misinterpretation--of the popular wish. The people do not demand cheap money. They demand the abundance of good money, which is an entirely different thing." Sen. James G. Blaine around the 1870's?


Demoralizing, destructive, waste, good,.........all point to the psychological effects of and around money. Psychology plays a large part in the value of money, in its soundness, in its goodness. The bull and the bear represent the psychology of the markets on a massive scale. So it is with money. Faith is what endears the dollar. Then force if need be for a back up.

Good money, or sound money are linked in the head, psychologically as honest, or sound. Money is a reflection of those using it as a medium. Dishonest sorts will send out a dishonest ring to the money. It is a dishonest dollar.

What kind of money can a corrupt nation expect?

"Nations are not ruined by one act of violence, but gradually and in an almost imperceptable manner, by the depreciating of their currency." Milton Friedman

Should we continue. we will have few choices but to raise taxes, even if they are unconstitutional.

Freedoms and liberties sold for more dollars at an "imperceptable" rate?

The first message of President Jackson, delivered at the commencement of the session of 1829-30,.........

"The charter of the Bank of the United States expires in 1836, and its stockholders will probably apply for a renewal of their privileges. In order to avoid the evils resulting from precipitancy in a measure involving such important principles and such deep pecuniary interests, I feel that I cannot, in justice to the parties interested, too son present it to the deliberate consideration of the legislature and the people. Both the constitutionality and expediency of the law cr5eating this bank are well questioned by a large portion of our fellow-citizens; and it must be admitted by all that it has failed in the great end of establishing a uniform and sound currency." (this was a paper currency)

(Note that Jackson placed much emphasis on the "people" as he also presented this speech a full six years prior to the end of the banks charter. This he done knowing full well he would have a battle on his hands and wished for the support of the "people.")

Continued with a commentary from Sen. Thomas Benton an ally and contemporary of Jackson's.............

This passage was the grand feature of the message, rising above precedent and judicial decisions, going back to the constitution and the foundation of party on principle; and risking a contest at the commencement of his administration, which a mere politician would have put off to the last. The Supreme Court had decided in favor of the constitutionality of the institution; a Democratic Congress, in chartering a second bank, had yielded the question, both of constitutionality and expediency. Mr. Madison, in signing the bank charter in 1816, yielded to the authorities without surrendering his convictions. But the effect was the same in behalf of the institution, and against the constitution, and against the integrity of the party founded on principle. It threw down the greatest landmark of the party, and yielded the a power of construction which nullified the limitations of the constitution, and left Congress at liberty to pass any law which it deemed "necessary" to carry into effect any granted power. The whole argument for the bank turned upon the word "necessary" at the end of the enumerated powers granted to Congress; and gave rise to the first great division of parties in Washington's time-the federal party being for construction which would authorize a national bank; the democratic party (republican, as then called) being against it.

It was not merely the bank which the democracy opposed, but the latitudinarian construction which would authorize it, and which would enable Congress to substitute its own will in other cases for the words of the constitution, and do what it pleased under the plea of "necessary"-a plea under which they would be left as much to their own will as under the "general welfare clause." It was the turning point between a strong and splendid government on one side, doing whatever it pleased, and a plain economical government on the other, limited by a written constitution. The construction was the main point, because it made a gap in the constitution through which Congress could pass any other measures which it deemed "necessary:" still there were great objections to the bank itself. Experience had shown such an institution to be a political machine, adverse to free government, mingling in elections and legislation of the country, corrupting the press; and exerting its influence in the only way known to moneyed power-by corruption. General Jackson's objections reached both heads of the case-the unconstitutionality of the bank, and its expediency. It was return to the Jeffersonian and Hamiltonian times of the early administration of General Washington, and went to the words of the constitution, and not to the interpretations of its administrators, for its meaning.[/i]

"Sir, there have existed, in every age and every country, two distinct orders of men-the lovers of freedom, and the devoted advocates of power." Sen. Daniel Webster 1830

"I consider the power given by the monopoly to be of the nature of all other despotic power, which corrupts the despot as much as it corrupts the slave." Sir William Pulteney

"It is in the nature of man, that a monopoly must necessarily be ill-conducted." Sir William Pulteney

"A power to injure and destroy-to relieve and to save the thousand banks of all the States and Territories was a power over the business and fortunes of nearly all the people of those States and Territories: and might be used for evil as well as for good; and was a power entirely to large to be trusted to any man, with a heart in his bosom-or to any government, responsible to the people; much less to a corporation without a soul, and irresponsible to heaven or earth." Sen. Thomas Benton

Here is a neat little video.

http://www.youtube.com/watch?v=SwI5_HH9 ... re=related

"There are two ways to conquer and enslave a country. One is by the sword. The other is by debt." John Adams

"Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people." Wendell Phillips

"The rise of prices that follows an expansion of [paper money],' wrote William Gouge, Andrew Jackson's Treasury advisor, "does not affect all descriptions of labor and commodities, at the same time, to an equal degree....Wages appear to be among the last things that are raised....The working man finds all the articles he uses in his family rising in price, while the money rate of his own wages remains the same."

"All the perplexities, confusions, and distress in America, arise, not from the defects in their Constitution or Confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation." A letter from John Adams to Thomas Jefferson 1787

A poem for all who feel royal.


A Royal Manure Pile

If Ye King was akin to a pig in a poke,
and the Court Jester could tell but a sorrowful joke;
and the Court was stacked with foul smelling bloaks,
political hacks in corupt fitting yokes.

And treasure was paper fitted for wealth;
where heroes were thieves prized for their stealth.
And corners were rounded and pimps sold for counsel;
Judges to sit and cattle to stand still.

And justice delayed is justice denied;
Imperial maggots once elected thus thrived.
And accounts so seemed settled by Lords and Mad Hatters,
so Town Criers like Alchemists spin all that matters.

And spirits in bottles and rose colored glasses;
Apothacaries brew tonics and tinctures prescribed for the masses.
And now if the mind is not so pickled and numb;
let knaves and miscreants tally the sum.

IMMEDIATE ACTION NEEDED HERE! Please HELP!


http://www.alipac.us/ftopicp-1194360.html#1194360

"There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.

Our money sytem is nothing better than a confidence trick...The "money power" which has been able to overshadow ostensibly responsible government is not the power of the merely ultra-rich but is nothing more or less than a new technique to destroy money by adding and withdrawing figures in bank ledgers, without the slightest concern for the interests of the community or the real role money ought to perform therein...to allow it to become a source of revenue to private issuers is to create, first, a secret and illicit arm of government and, last, a rival power strong enough to ultimately overthrow all other forms of government...An honest money system is the only alternative." Dr. Frederick Soddy, Nobel Prize Winner 1921 Author of Wealth, Virtual Wealth & Debt

It would seem the Doctor back in 1921 was a seer?