This lengthy article will give you lots to think about. Read all five parts.
http://one-evil.org/acts_global_depression/acts_global_depression.htm
Thursday, January 27, 2011
Tuesday, January 18, 2011
Virginia - HOUSE JOINT RESOLUTION NO, 557
The following has been copied in full from:
http://endtheecb.ning.com/profiles/blogs/state-of-virginia-debates-a.
It would be wise for each State and Province to follow this example. Provinces can print their own money. See: http://members.shaw.ca/theultimatescam/provincialcredit.htm
HOUSE JOINT RESOLUTION NO. 557 Offered January 12, 2011 Pre filed January 5, 2011 Establishing a joint subcommittee to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System. Report. ---------- Patron-- Marshall, R.G. ---------- Referred to Committee on Rules ---------- WHEREAS, the Supreme Court of the United States has ruled in Inre Rahrer, 140 U.S. 545, 554 (1891), that “the police power” of a State “is a power originally and always belonging to the States, not surrendered by them to the general government, nor directly restrained by the Constitution of the United States, and essentially exclusive”; and
WHEREAS, the Supreme Court of the United States has ruled in Beer Company v. Massachusetts, 97 U.S. 25, 33 (1877), that the police power of the States “extend[s] to the protection of the lives, health, and property of the[ir] citizens, and to the preservation of good order”; and
WHEREAS, the protection of the lives, health, and property of Virginia’s citizens, and the preservation of good order in the Commonwealth,depend upon the maintenance of both an adequate system of governmental finance and a sound and robust private economy; and
WHEREAS, an adequate system of governmental finance and a sound and robust private economy cannot be maintained in the absence of a sound currency; and
WHEREAS, the present monetary and banking systems of the United States, centered around the Federal Reserve System, have come under ever-increasing strain during the last several years, and will be exposed to ever-increasing and predictably debilitating strain in the years to come; and
WHEREAS, many widely recognized experts predict the inevitable destruction of the Federal Reserve System’s currency through hyperinflation in the foreseeable future; and
WHEREAS, in the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System, for which the Commonwealth is not prepared, the Commonwealth’s governmental finances and Virginia’s private economy will be thrown into chaos, with gravely detrimental effects upon the lives, health, and property of Virginia’s citizens, and with consequences fatal to the preservation of good order throughout the Commonwealth; and
WHEREAS, Virginia can avoid or at least mitigate many of the economic, social, and political shocks to be expected to arise from hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System only through the timely adoption of an alternative sound currency that the Commonwealth’s government and citizens may employ without delay in the event of the destruction of the Federal ReserveSystem’s currency; and
WHEREAS, “legal tender” denotes a currency that must be accepted in payment of a debt denominated in United States “dollars” if the parties have not stipulated that some alternative currency is to be used as their medium of payment or are not otherwise required to use such alternative currency; and
WHEREAS, the Federal Reserve System’s currency has been designated “legal tender” under color of Title 31, United States Code, Section5103; and
WHEREAS, under Title 12, United States Code, § 411 and Title31, United States Code, § 5118(b) and (c), the Federal Reserve System’scurrency is not redeemable in gold or silver coin or the equivalent in bullion; and
WHEREAS, that the Federal Reserve System’s currency is not redeemable in gold or silver coin or the equivalent in bullion is being identified by more and more experts as a, if not the, major reason for the ever-increasing instability of the Federal Reserve System; and
WHEREAS, all gold and silver coins of the United States are designated “legal tender” under the aegis of Title 31, United States Code, §§5103 and 5112(h), and must be so designated perforce of Article I, Section 8,Clause 5 and Article I, Section 10, Clause 1 of the Constitution of the United States; and
WHEREAS, pursuant to Article I, Section 10, Clause 1 of and the Tenth Amendment to the Constitution of the United States, each State must make gold and silver coin a Tender in Payment of Debts; and
WHEREAS, the Supreme Court of the United States in Lane County v. Oregon, 74 U.S. (7 Wallace) 71, 76-78 (1869), and Hagar v. Reclamation District No. 108, 111 U.S. 701, 706 (1884), has ruled that the States may adopt whatever currency they desire for the purposes of performing their sovereign governmental functions, even to the extent of adopting gold and silver coin for those purposes while refusing to employ a currency not redeemable in gold or silver coin that Congress has designated “legal tender”;and
WHEREAS, “the police power” being the primary sovereign governmental function of every State, under Lane County and Hagarevery State may adopt its own currency, consisting of gold or silver, or both,whenever necessary and proper to facilitate exercises of that power in aid of the general welfare of the State and its citizens; and
WHEREAS, under the aegis of Title 31, United States Code, §5118(d)(2), and perforce of Article I, Section 8, Clause 5 and Article I,Section 10, Clause 1 of, and the Ninth and Tenth Amendments to, the Constitution of the United States, Americans may employ whatever currency they choose to stipulate as the medium for payment of their private debts, including gold or silver, or both, to the exclusion of a currency not redeemable in gold or silver that Congress may have designated “legal tender”; and
WHEREAS, under the aegis of Title 31, United States Code, §5118(d)(2), and perforce of Article I, Section 8, Clause 5 and Article I,Section 10, Clause 1 of, and the Ninth and Tenth Amendments to, the Constitution of the United States, the citizens of Virginia may choose to employ as the medium for payment of their private debts whatever alternative currency, consisting of gold or silver, or both, that the Commonwealth may adopt in the exercise of “the police power”; and
WHEREAS, in light of the possible instability of the Federal Reserve System, proposals for states and their citizens to adopt an alternative currency consisting of gold or silver, or both, are receiving increasing attention throughout the United States, as evidenced by bills that have been or are being introduced in the legislatures of the States of Georgia, Indiana, Montana, New Hampshire, and South Carolina; and
WHEREAS, various systems of alternative currency employing gold or silver, or both, in the form of coin or its equivalent in bullion have already proved themselves in the free market, and could either be employed by the Commonwealth directly or be used as models for a new system created by the Commonwealth to meet Virginia’s unique needs; and
WHEREAS, the adoption of an alternative currency consisting of gold or silver, or both, would not destabilize the present monetary and banking systems, the Commonwealth’s governmental finances, or Virginia’s private economy, because it would not compel or commit the Commonwealth or her citizens to employ such alternative currency to the exclusion of the Federal Reserve System’s currency immediately, but would merely make the alternative currency available,and enable it to be used in competition with and preference to the Federal Reserve System’s currency, to the degree that the need for such use became apparent; and
WHEREAS, the United States Congress, the U.S. Department of the Treasury, and the Federal Reserve System have taken and are preparing to take no action to provide the United States with an alternative to the Federal Reserve System’s currency, in the likely event that the latter would be destroyed through hyperinflation; and
WHEREAS, because legislators in Virginia know or should know all of these facts; and because the General Assembly has the authority, the ability, and the duty to take timely action to deal with this situation without first seeking the approval of or assistance from Congress or any other state;and because the Constitution of Virginia provides, “That all power is vested in, and consequently derived from, the people, that magistrates are their trustees and servants, and at all times amenable to them”—for these reasons,the citizens of the Commonwealth will properly conclude that the members of the General Assembly will be primarily responsible if the Commonwealth is found to be without an alternative currency when the Federal Reserve System’s currency collapses in hyperinflation, or some other related economic calamity supervenes; now, therefore, be it
RESOLVED by the House of Delegates, the Senate concurring, That a joint subcommittee be appointed to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.
The joint subcommittee shall consist of eight legislative members who shall be appointed as follows: five members of the House of Delegates to be appointed by the Speaker of the House of Delegates in accordance with the principles of proportional representation contained in the Rules of the House of Delegates and three members of the Senate to be appointed by the Senate Committee on Rules. The joint subcommittee shall elect a chairman and vice-chairman from among its membership.
In conducting its study, the joint subcommittee shall call or hear from such witnesses and take such other evidence as it deems appropriate and shall consider recommendations for legislation,with respect to the need, means, and schedule for establishing such an alternative currency.
Administrative staff support shall be provided by the Office of the Clerk of the House of Delegates. Legal, research, policy analysis, and other services as requested by the joint subcommittee shall be provided by the Division of Legislative Services. Technical assistance shall be provided by the Treasurer of the Commonwealth of Virginia and the Bureau of Financial Institutions of the State Corporation Commission. All other agencies of the Commonwealth shall provide assistance to the joint subcommittee for this study,upon request.
The joint subcommittee shall be limited to six meetings for the 2011 interim, and the direct costs of this study shall not exceed $12,000 without approval as set out in this resolution. Approval for unbudgeted nonmember-related expenses shall require the written authorization of the chairman of the joint subcommittee and the respective Clerk. If a companion joint resolution of the other chamber is agreed to, written authorization of both Clerks shall be required.
No recommendation of the joint subcommittee shall be adopted if a majority of the House members or a majority of the Senate members appointed to the joint subcommittee (i) vote against the recommendation and(ii) vote for the recommendation to fail notwithstanding the majority vote of the joint subcommittee.
The joint subcommittee shall complete its meetings by November30, 2011, and the chairman shall submit to the Division of Legislative Automated Systems an executive summary of its findings and recommendations no later than the first day of the 2012 Regular Session of the General Assembly. The executive summary shall state that the joint subcommittee intends to submit to the General Assembly and the Governor a report of its findings and recommendations for publication as a House or Senate document and shall specify the date by which the report shall be submitted. The executive summary and the report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports, and shall be posted on the General Assembly’s website.
Implementation of this resolution is subject to subsequent approval and certification by the Joint Rules Committee. The Committee may approve or disapprove expenditures for this study, extend or delay the period for the conduct of the study, or authorize additional meetings during the 2011 interim.
It may be an idea to send this to all Provincial Premiers and Finance Members. The more they receive, the better the chance that they'll know that we demand they're prepared for any future economic event. I assure you that when (not if) the federal Reserve fails so will the Bank of Canada.
http://endtheecb.ning.com/profiles/blogs/state-of-virginia-debates-a.
It would be wise for each State and Province to follow this example. Provinces can print their own money. See: http://members.shaw.ca/theultimatescam/provincialcredit.htm
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
State of Virginia debates a currency as an alternative for when the FED system breaks down.
2011 SESSION
11102035DWHEREAS, the Supreme Court of the United States has ruled in Beer Company v. Massachusetts, 97 U.S. 25, 33 (1877), that the police power of the States “extend[s] to the protection of the lives, health, and property of the[ir] citizens, and to the preservation of good order”; and
WHEREAS, the protection of the lives, health, and property of Virginia’s citizens, and the preservation of good order in the Commonwealth,depend upon the maintenance of both an adequate system of governmental finance and a sound and robust private economy; and
WHEREAS, an adequate system of governmental finance and a sound and robust private economy cannot be maintained in the absence of a sound currency; and
WHEREAS, the present monetary and banking systems of the United States, centered around the Federal Reserve System, have come under ever-increasing strain during the last several years, and will be exposed to ever-increasing and predictably debilitating strain in the years to come; and
WHEREAS, many widely recognized experts predict the inevitable destruction of the Federal Reserve System’s currency through hyperinflation in the foreseeable future; and
WHEREAS, in the event of hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System, for which the Commonwealth is not prepared, the Commonwealth’s governmental finances and Virginia’s private economy will be thrown into chaos, with gravely detrimental effects upon the lives, health, and property of Virginia’s citizens, and with consequences fatal to the preservation of good order throughout the Commonwealth; and
WHEREAS, Virginia can avoid or at least mitigate many of the economic, social, and political shocks to be expected to arise from hyperinflation, depression, or other economic calamity related to the breakdown of the Federal Reserve System only through the timely adoption of an alternative sound currency that the Commonwealth’s government and citizens may employ without delay in the event of the destruction of the Federal ReserveSystem’s currency; and
WHEREAS, “legal tender” denotes a currency that must be accepted in payment of a debt denominated in United States “dollars” if the parties have not stipulated that some alternative currency is to be used as their medium of payment or are not otherwise required to use such alternative currency; and
WHEREAS, the Federal Reserve System’s currency has been designated “legal tender” under color of Title 31, United States Code, Section5103; and
WHEREAS, under Title 12, United States Code, § 411 and Title31, United States Code, § 5118(b) and (c), the Federal Reserve System’scurrency is not redeemable in gold or silver coin or the equivalent in bullion; and
WHEREAS, that the Federal Reserve System’s currency is not redeemable in gold or silver coin or the equivalent in bullion is being identified by more and more experts as a, if not the, major reason for the ever-increasing instability of the Federal Reserve System; and
WHEREAS, all gold and silver coins of the United States are designated “legal tender” under the aegis of Title 31, United States Code, §§5103 and 5112(h), and must be so designated perforce of Article I, Section 8,Clause 5 and Article I, Section 10, Clause 1 of the Constitution of the United States; and
WHEREAS, pursuant to Article I, Section 10, Clause 1 of and the Tenth Amendment to the Constitution of the United States, each State must make gold and silver coin a Tender in Payment of Debts; and
WHEREAS, the Supreme Court of the United States in Lane County v. Oregon, 74 U.S. (7 Wallace) 71, 76-78 (1869), and Hagar v. Reclamation District No. 108, 111 U.S. 701, 706 (1884), has ruled that the States may adopt whatever currency they desire for the purposes of performing their sovereign governmental functions, even to the extent of adopting gold and silver coin for those purposes while refusing to employ a currency not redeemable in gold or silver coin that Congress has designated “legal tender”;and
WHEREAS, “the police power” being the primary sovereign governmental function of every State, under Lane County and Hagarevery State may adopt its own currency, consisting of gold or silver, or both,whenever necessary and proper to facilitate exercises of that power in aid of the general welfare of the State and its citizens; and
WHEREAS, under the aegis of Title 31, United States Code, §5118(d)(2), and perforce of Article I, Section 8, Clause 5 and Article I,Section 10, Clause 1 of, and the Ninth and Tenth Amendments to, the Constitution of the United States, Americans may employ whatever currency they choose to stipulate as the medium for payment of their private debts, including gold or silver, or both, to the exclusion of a currency not redeemable in gold or silver that Congress may have designated “legal tender”; and
WHEREAS, under the aegis of Title 31, United States Code, §5118(d)(2), and perforce of Article I, Section 8, Clause 5 and Article I,Section 10, Clause 1 of, and the Ninth and Tenth Amendments to, the Constitution of the United States, the citizens of Virginia may choose to employ as the medium for payment of their private debts whatever alternative currency, consisting of gold or silver, or both, that the Commonwealth may adopt in the exercise of “the police power”; and
WHEREAS, in light of the possible instability of the Federal Reserve System, proposals for states and their citizens to adopt an alternative currency consisting of gold or silver, or both, are receiving increasing attention throughout the United States, as evidenced by bills that have been or are being introduced in the legislatures of the States of Georgia, Indiana, Montana, New Hampshire, and South Carolina; and
WHEREAS, various systems of alternative currency employing gold or silver, or both, in the form of coin or its equivalent in bullion have already proved themselves in the free market, and could either be employed by the Commonwealth directly or be used as models for a new system created by the Commonwealth to meet Virginia’s unique needs; and
WHEREAS, the adoption of an alternative currency consisting of gold or silver, or both, would not destabilize the present monetary and banking systems, the Commonwealth’s governmental finances, or Virginia’s private economy, because it would not compel or commit the Commonwealth or her citizens to employ such alternative currency to the exclusion of the Federal Reserve System’s currency immediately, but would merely make the alternative currency available,and enable it to be used in competition with and preference to the Federal Reserve System’s currency, to the degree that the need for such use became apparent; and
WHEREAS, the United States Congress, the U.S. Department of the Treasury, and the Federal Reserve System have taken and are preparing to take no action to provide the United States with an alternative to the Federal Reserve System’s currency, in the likely event that the latter would be destroyed through hyperinflation; and
WHEREAS, because legislators in Virginia know or should know all of these facts; and because the General Assembly has the authority, the ability, and the duty to take timely action to deal with this situation without first seeking the approval of or assistance from Congress or any other state;and because the Constitution of Virginia provides, “That all power is vested in, and consequently derived from, the people, that magistrates are their trustees and servants, and at all times amenable to them”—for these reasons,the citizens of the Commonwealth will properly conclude that the members of the General Assembly will be primarily responsible if the Commonwealth is found to be without an alternative currency when the Federal Reserve System’s currency collapses in hyperinflation, or some other related economic calamity supervenes; now, therefore, be it
RESOLVED by the House of Delegates, the Senate concurring, That a joint subcommittee be appointed to study whether the Commonwealth should adopt a currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System.
The joint subcommittee shall consist of eight legislative members who shall be appointed as follows: five members of the House of Delegates to be appointed by the Speaker of the House of Delegates in accordance with the principles of proportional representation contained in the Rules of the House of Delegates and three members of the Senate to be appointed by the Senate Committee on Rules. The joint subcommittee shall elect a chairman and vice-chairman from among its membership.
In conducting its study, the joint subcommittee shall call or hear from such witnesses and take such other evidence as it deems appropriate and shall consider recommendations for legislation,with respect to the need, means, and schedule for establishing such an alternative currency.
Administrative staff support shall be provided by the Office of the Clerk of the House of Delegates. Legal, research, policy analysis, and other services as requested by the joint subcommittee shall be provided by the Division of Legislative Services. Technical assistance shall be provided by the Treasurer of the Commonwealth of Virginia and the Bureau of Financial Institutions of the State Corporation Commission. All other agencies of the Commonwealth shall provide assistance to the joint subcommittee for this study,upon request.
The joint subcommittee shall be limited to six meetings for the 2011 interim, and the direct costs of this study shall not exceed $12,000 without approval as set out in this resolution. Approval for unbudgeted nonmember-related expenses shall require the written authorization of the chairman of the joint subcommittee and the respective Clerk. If a companion joint resolution of the other chamber is agreed to, written authorization of both Clerks shall be required.
No recommendation of the joint subcommittee shall be adopted if a majority of the House members or a majority of the Senate members appointed to the joint subcommittee (i) vote against the recommendation and(ii) vote for the recommendation to fail notwithstanding the majority vote of the joint subcommittee.
The joint subcommittee shall complete its meetings by November30, 2011, and the chairman shall submit to the Division of Legislative Automated Systems an executive summary of its findings and recommendations no later than the first day of the 2012 Regular Session of the General Assembly. The executive summary shall state that the joint subcommittee intends to submit to the General Assembly and the Governor a report of its findings and recommendations for publication as a House or Senate document and shall specify the date by which the report shall be submitted. The executive summary and the report shall be submitted as provided in the procedures of the Division of Legislative Automated Systems for the processing of legislative documents and reports, and shall be posted on the General Assembly’s website.
Implementation of this resolution is subject to subsequent approval and certification by the Joint Rules Committee. The Committee may approve or disapprove expenditures for this study, extend or delay the period for the conduct of the study, or authorize additional meetings during the 2011 interim.
~~~~~~~~~~~~~~~~~~~~~~~~~
It may be an idea to send this to all Provincial Premiers and Finance Members. The more they receive, the better the chance that they'll know that we demand they're prepared for any future economic event. I assure you that when (not if) the federal Reserve fails so will the Bank of Canada.
Tuesday, January 11, 2011
Economic Viability
Part One - The Problem, and
Part Two - How We Cause Debt
Part Three - The Solution
They say a picture is worth a thousand words. My hope is that the one below is worth a complete encyclopedia. This picture is not the way most would consider starting an article on Economic Viability. But once one realizes how the economies of the world operate, one quickly sees that the situation expressed in this photo is the best - the absolute best - humanity can hope for; its slow and agonizing consumption by vultures. Sadly, this picture expresses another reality; humanity's ignorance of the imminent danger lurking behind it.
It was a picture similar to this that made me stop and ask how and why this could happen. My search for answers lead me to conclude that all of us had a hand in this child's gruesome suffering and probable demise. I have been talking about that ever since. I feel it's time to revisit this conclusion; not to change it but to have it reconfirmed. You see, if this child didn't die on this day in 1994, ten thousand did. And since that day an average of fifteen thousand (15,000) children a day have starved to death. That's five million, four hundred seventy five thousand (5,475,000) a year! And during the sixteen years since this picture was taken eighty seven million, six hundred thousand (87,600,000) children have suffered the very cruel and lengthy death of starvation. That's just under two and a half times the total population of Canada! And today, January 11, 2011, over thirty thousand (30,000) will join them. And still, the world doesn't know why this happens.
And the world really doesn't want to learn why. What it wants is someone or something out there to blame. It's the famine, it's civil war, it's corporate greed, it's global warming, it's government corruption, it's the bankers, etc. The last one on this list (bankers) may be the closest to the truth but it's not the whole truth. The truth is it's our use of a private bank's "money" that's the partner in their insidious scheme. Whatever the banker's ultimate goal is, it cannot be realized without our participation.
Years ago most of us could have claimed ignorance of the inevitable result of borrowing "money" at interest, but not today. Humanity has been cautioned against this practice (usury) for thousands of years; virtually every religious text speaks against this practise. Yet virtually every religious person has entered one contract or another agreeing to participate in an economy that demands usury. Louis Even's The Money Myth Exploded, http://www.michaeljournal.org/myth.htm, at least as far back as 1932 pointed to the problem of paying interest on "money" printed against a barrel of rocks (thin air). Today many sites on the inter net point to the problems that stem from usury and a few even mention "solution".
But of all these there is only one that can model the present system's inevitable collapse as well a as model solution and that's Mike Montagne's Mathematically Perfected Economy. Mike has put out an 18 part video in which he presents these models. To see the models that show the inevitable collapse of our present economic system start at the 5:00 minute mark of Part 02A reached by the following the first link below and then continue with the full 9:05 minutes of Part 02B. By watching these two a few times you will see that inevitable economic failure is awaiting humanity.
Part 02A, 9:20 minutes:
http://www.youtube.com/watch?v=VmXlQ1Q8e1I&feature=related
Part 02B, 9:05 minutes:
http://www.youtube.com/watch?v=RJZOfsqpdMM&NR=1
The following link models the effects of moderate rates of interest.
Part 03, 2:21minutes:
http://www.youtube.com/watch?v=VrGKfxdmotU&NR=1
The following link models how high interest rates escalate failure.
Part 04, 0:56 minutes:
http://www.youtube.com/watch?v=XwkEiD2fWz4&feature=related
Why interest rates are necessarily reduced in the later stages are modeled in the following two links.
Part 05A, 7:00 minutes:
http://www.youtube.com/watch?v=t2bZOierVzs&feature=related
Part 05B, 4:48 minutes:
http://www.youtube.com/watch?v=GYDhlsWKlwI
The information gained from these six links should bring you to a position of knowledge concerning our present economic system. Economic viability does not exist anywhere within this system. It never did, doesn't now and never will. Study the information presented on these links and you should have no problem in seeing humanity's place in the above picture. We have been lead to believe that with enough effort we can reach the sanctuary represented in this photo by the United Nation food camp just a kilometer away. But, as is the case with the child in this picture, the energy to accomplish that no longer exists. In the case of our economy, at no time did it ever exist.
So where are you in the above picture? If you're reading this you're not one of the millions represented by the child. At thirty thousand a day it will take only another thirty-four days for the next one million children to starve to death. And that's just the children. All of these children are starving today and they will starve until they die.
But where are you. Are you well enough financially so that you don't have to worry about how the rent or mortgage will be paid next month? Or is it becoming harder to fulfill that obligation. Do you sense the vulture closing in behind you? And if not you, then how about your friends and neighbours. It's impossible today not to see the effects of our present debt producing economy. Debt is the final and only result of borrowing "money" from a private bank; a bank that merely prints our promises to pay; a bank that has no money; a bank that has already taken your neighbours two hundred thousand dollar home in exchange for $29.99 worth of paper and ink.
It is imperative that you listen to the information on the above links. If you don't you wont understand what's happening when they come for your home or your landlord is finally saying, "Please move out."
The collapse is inevitable. That means that no matter how secure you feel today, that security will vanish almost over night. No one will be unscathed. And we've seen the wheel barrow full of money it take to by a few groceries once hyper inflation hits. Don't be too sure it can't happen to you.
Part Two - How We Cause Debt
Photo by Kevin Carter
It may be hard for all who strive to improve their economic position to see how that activity contributes to conditions that lead to the stark contrast in the above photo. But contribute they do.
Recently I told a friend that I don't like my life. I saw my life being so much better if we all had the ability to create an abundant life for ourselves. My life has become uncomfortable because of the experiences that came as I looked for the cause(s) that created the effects reflected in the above pictures.
I have become saddened at what I found. It seems that most prefer to turn a blind eye to the problem and exercise a great sense of denial that anything they are doing could possibly be causing any discomfort to others. Or they throw up their hands and claim the problems too big and besides, nothing they can do would have any effect. Others say they'll only focus on the positive - seeing only the good and ignoring the rest. These people always have a smile on their face.
To them I plead, "Take your blinders off."
How many remember the song "Man in Black"? Not to compare myself with Johnny Cash but he saw problems that others seemed to ignore. He saw too that ignoring them does not make them go away. Here's the lyrics in case you've forgotten or never heard them.
"Man In Black"
Well, you wonder why I always dress in black,
Why you never see bright colors on my back,
And why does my appearance seem to have a somber tone.
Well, there's a reason for the things that I have on.
I wear the black for the poor and the beaten down,
Livin' in the hopeless, hungry side of town,
I wear it for the prisoner who has long paid for his crime,
But is there because he's a victim of the times.
I wear the black for those who never read,
Or listened to the words that Jesus said,
About the road to happiness through love and charity,
Why, you'd think He's talking straight to you and me.
Well, we're doin' mighty fine, I do suppose,
In our streak of lightnin' cars and fancy clothes,
But just so we're reminded of the ones who are held back,
Up front there ought 'a be a Man In Black.
I wear it for the sick and lonely old,
For the reckless ones whose bad trip left them cold,
I wear the black in mournin' for the lives that could have been,
Each week we lose a hundred fine young men.
And, I wear it for the thousands who have died,
Believen' that the Lord was on their side,
I wear it for another hundred thousand who have died,
Believen' that we all were on their side.
Well, there's things that never will be right I know,
And things need changin' everywhere you go,
But 'til we start to make a move to make a few things right,
You'll never see me wear a suit of white.
Ah, I'd love to wear a rainbow every day,
And tell the world that everything's OK,
But I'll try to carry off a little darkness on my back,
'Till things are brighter, I'm the Man In Black.
I tell you that as we strive to fill our bank accounts or even just to pay the rent, we are the creators of the debt that causes the poverty suffered by others. You can say that there is no choice, the rent must get paid and to that I would agree. But we need to see the cause of starvation before it can ever be eliminated. To see the cause we must look at the suffering.
By the 1960s in North America we started noticing problems within the environment. These problems were traced back to our use of DDT. Even then it took until 1990 until they were completely banned in Canada. Today the problems that were caused by our use of DDT are receding. The eagles are no longer on the endangered list and the amount of DDT residue in our food has greatly diminished.
But to correct that particular problem we needed to actually examine it. We couldn't just say I'm just going to look at the good that's in the world. Having looked at the problem we could then follow the evidence back to the cause. And the cause was us.
And once again the enemy is us. By looking at Mike Montagne's models in the links above you will see that the use of a private banks money results in debt. The use of DDT resulted in egg shells that broke as eagles sat on them and the enemy was us because we put the DDT into the environment. The use of a private banks money causes debt because we put those notes into circulation at interest. The DDT didn't get into the environment on it's own and a private banks debt causing notes don't get into circulation on their own. In both cases, "We have met the enemy and he is us."
Economic viability within our present financial system is at best an illusion and at worse, a tragedy.
Next Week - Part Three - The Solution
The solution may be to take back control of our money but there is one major process that must happen first. We must learn and really understand the need to do so. Until the problem is clearly seen, the solution,the solution will never be implemented.
For this the media offers no help. We will never hear or see the cause of debt clearly outlined on CBC, or any of the national news media for that matter. Like all the major media in the States the owners of all media in Canada benefit from the current system of "Money creation". Nor will any member of our Government honestly inform the public that the debt that's slowly burying them is caused by the interest charged on a private banks money.
We wont get into the debate of whether or not the Bank of Canada is publicly owned or is private. That topic, as well as how the Bank of Canada operates as a private bank, has been covered in these posts.
http://formulafordebt.blogspot.com/2010/11/look-at-bank-of-canada.html
http://formulafordebt.blogspot.com/2010/12/bond-is-simply-promise-to-pay.html
http://formulafordebt.blogspot.com/2010/12/bond-is-simply-promise-to-pay-part-two.html
At least two members of our Federal Government must be aware of how our national debt is caused; our Prime Minister and our Finance Minister; but they don't and wont tell you.
Once again, we bring your attention to our formula for debt. This formula illustrates the guaranteed end result of just one loan. But as all money circulating within our economy has been borrowed and is thus part of a specific loan, this formula, by extension, can be applied to all of it. An explanation and illustration of the proof of this formula can be found in these posts.
http://formulafordebt.blogspot.com/2010/11/formula-for-debt_09.html
http://formulafordebt.blogspot.com/2010/12/all-for-one.html
If no help is forthcoming from Governments, corporations or the media it becomes necessary for individuals to do their own due diligence in finding the cause of debt. We're not asking that you believe our claim that interest guarantees an un-payable debt. What we're asking is that you take the time and attempt to prove the formula for debt wrong. Your falure to prove it wrong should indicate to you that what it shows is true. And that is, for every dollar circulating within our economy there will result a debt equal to the interest charged on that dollar. Simple math shows that the more money we borrow, the higher the debt will be.
Having learned the truth about interest charged on money and seeing that the problem can only worsen if we continue on this insidious path of borrowing money from any bank at interest you must act. At first that action only needs to be sharing that knowledge with others. And that may only entail directing them to this Blog. Ask people if they can prove this formula wrong. As more and more people become aware of the truth their voices will join in a call for control of their money. Eventually that call will become so loud that it cannot be ignored. No matter what party you belong to, or if you belong to no party at all, our call should be united. The government simply must take back control of our money. One thing is assured if no voice rised with this call. Things will remain the same and the debt that will enslave our children will grow to enormous bounds.
So this simple solution involves two steps. First, you must learn. Second, you must speak.
The prosparity of future generations depends on this. Without your voice they are enslaved.
There is only one road to economic viability. We retrieve our right to issue our own pronise to pay.
Comments to the author are welcomed. david.ealing@gmail.com
Part Two - How We Cause Debt
Part Three - The Solution
~~~~~~~~~~~~~~~~~~~~~~~~~
They say a picture is worth a thousand words. My hope is that the one below is worth a complete encyclopedia. This picture is not the way most would consider starting an article on Economic Viability. But once one realizes how the economies of the world operate, one quickly sees that the situation expressed in this photo is the best - the absolute best - humanity can hope for; its slow and agonizing consumption by vultures. Sadly, this picture expresses another reality; humanity's ignorance of the imminent danger lurking behind it.
It was a picture similar to this that made me stop and ask how and why this could happen. My search for answers lead me to conclude that all of us had a hand in this child's gruesome suffering and probable demise. I have been talking about that ever since. I feel it's time to revisit this conclusion; not to change it but to have it reconfirmed. You see, if this child didn't die on this day in 1994, ten thousand did. And since that day an average of fifteen thousand (15,000) children a day have starved to death. That's five million, four hundred seventy five thousand (5,475,000) a year! And during the sixteen years since this picture was taken eighty seven million, six hundred thousand (87,600,000) children have suffered the very cruel and lengthy death of starvation. That's just under two and a half times the total population of Canada! And today, January 11, 2011, over thirty thousand (30,000) will join them. And still, the world doesn't know why this happens.
And the world really doesn't want to learn why. What it wants is someone or something out there to blame. It's the famine, it's civil war, it's corporate greed, it's global warming, it's government corruption, it's the bankers, etc. The last one on this list (bankers) may be the closest to the truth but it's not the whole truth. The truth is it's our use of a private bank's "money" that's the partner in their insidious scheme. Whatever the banker's ultimate goal is, it cannot be realized without our participation.
Years ago most of us could have claimed ignorance of the inevitable result of borrowing "money" at interest, but not today. Humanity has been cautioned against this practice (usury) for thousands of years; virtually every religious text speaks against this practise. Yet virtually every religious person has entered one contract or another agreeing to participate in an economy that demands usury. Louis Even's The Money Myth Exploded, http://www.michaeljournal.org/myth.htm, at least as far back as 1932 pointed to the problem of paying interest on "money" printed against a barrel of rocks (thin air). Today many sites on the inter net point to the problems that stem from usury and a few even mention "solution".
But of all these there is only one that can model the present system's inevitable collapse as well a as model solution and that's Mike Montagne's Mathematically Perfected Economy. Mike has put out an 18 part video in which he presents these models. To see the models that show the inevitable collapse of our present economic system start at the 5:00 minute mark of Part 02A reached by the following the first link below and then continue with the full 9:05 minutes of Part 02B. By watching these two a few times you will see that inevitable economic failure is awaiting humanity.
Part 02A, 9:20 minutes:
http://www.youtube.com/watch?v=VmXlQ1Q8e1I&feature=related
Part 02B, 9:05 minutes:
http://www.youtube.com/watch?v=RJZOfsqpdMM&NR=1
The following link models the effects of moderate rates of interest.
Part 03, 2:21minutes:
http://www.youtube.com/watch?v=VrGKfxdmotU&NR=1
The following link models how high interest rates escalate failure.
Part 04, 0:56 minutes:
http://www.youtube.com/watch?v=XwkEiD2fWz4&feature=related
Why interest rates are necessarily reduced in the later stages are modeled in the following two links.
Part 05A, 7:00 minutes:
http://www.youtube.com/watch?v=t2bZOierVzs&feature=related
Part 05B, 4:48 minutes:
http://www.youtube.com/watch?v=GYDhlsWKlwI
The information gained from these six links should bring you to a position of knowledge concerning our present economic system. Economic viability does not exist anywhere within this system. It never did, doesn't now and never will. Study the information presented on these links and you should have no problem in seeing humanity's place in the above picture. We have been lead to believe that with enough effort we can reach the sanctuary represented in this photo by the United Nation food camp just a kilometer away. But, as is the case with the child in this picture, the energy to accomplish that no longer exists. In the case of our economy, at no time did it ever exist.
So where are you in the above picture? If you're reading this you're not one of the millions represented by the child. At thirty thousand a day it will take only another thirty-four days for the next one million children to starve to death. And that's just the children. All of these children are starving today and they will starve until they die.
But where are you. Are you well enough financially so that you don't have to worry about how the rent or mortgage will be paid next month? Or is it becoming harder to fulfill that obligation. Do you sense the vulture closing in behind you? And if not you, then how about your friends and neighbours. It's impossible today not to see the effects of our present debt producing economy. Debt is the final and only result of borrowing "money" from a private bank; a bank that merely prints our promises to pay; a bank that has no money; a bank that has already taken your neighbours two hundred thousand dollar home in exchange for $29.99 worth of paper and ink.
It is imperative that you listen to the information on the above links. If you don't you wont understand what's happening when they come for your home or your landlord is finally saying, "Please move out."
The collapse is inevitable. That means that no matter how secure you feel today, that security will vanish almost over night. No one will be unscathed. And we've seen the wheel barrow full of money it take to by a few groceries once hyper inflation hits. Don't be too sure it can't happen to you.
Part Two - How We Cause Debt
Photo by Kevin Carter
It may be hard for all who strive to improve their economic position to see how that activity contributes to conditions that lead to the stark contrast in the above photo. But contribute they do.
Recently I told a friend that I don't like my life. I saw my life being so much better if we all had the ability to create an abundant life for ourselves. My life has become uncomfortable because of the experiences that came as I looked for the cause(s) that created the effects reflected in the above pictures.
I have become saddened at what I found. It seems that most prefer to turn a blind eye to the problem and exercise a great sense of denial that anything they are doing could possibly be causing any discomfort to others. Or they throw up their hands and claim the problems too big and besides, nothing they can do would have any effect. Others say they'll only focus on the positive - seeing only the good and ignoring the rest. These people always have a smile on their face.
To them I plead, "Take your blinders off."
How many remember the song "Man in Black"? Not to compare myself with Johnny Cash but he saw problems that others seemed to ignore. He saw too that ignoring them does not make them go away. Here's the lyrics in case you've forgotten or never heard them.
"Man In Black"
Well, you wonder why I always dress in black,
Why you never see bright colors on my back,
And why does my appearance seem to have a somber tone.
Well, there's a reason for the things that I have on.
I wear the black for the poor and the beaten down,
Livin' in the hopeless, hungry side of town,
I wear it for the prisoner who has long paid for his crime,
But is there because he's a victim of the times.
I wear the black for those who never read,
Or listened to the words that Jesus said,
About the road to happiness through love and charity,
Why, you'd think He's talking straight to you and me.
Well, we're doin' mighty fine, I do suppose,
In our streak of lightnin' cars and fancy clothes,
But just so we're reminded of the ones who are held back,
Up front there ought 'a be a Man In Black.
I wear it for the sick and lonely old,
For the reckless ones whose bad trip left them cold,
I wear the black in mournin' for the lives that could have been,
Each week we lose a hundred fine young men.
And, I wear it for the thousands who have died,
Believen' that the Lord was on their side,
I wear it for another hundred thousand who have died,
Believen' that we all were on their side.
Well, there's things that never will be right I know,
And things need changin' everywhere you go,
But 'til we start to make a move to make a few things right,
You'll never see me wear a suit of white.
Ah, I'd love to wear a rainbow every day,
And tell the world that everything's OK,
But I'll try to carry off a little darkness on my back,
'Till things are brighter, I'm the Man In Black.
I tell you that as we strive to fill our bank accounts or even just to pay the rent, we are the creators of the debt that causes the poverty suffered by others. You can say that there is no choice, the rent must get paid and to that I would agree. But we need to see the cause of starvation before it can ever be eliminated. To see the cause we must look at the suffering.
By the 1960s in North America we started noticing problems within the environment. These problems were traced back to our use of DDT. Even then it took until 1990 until they were completely banned in Canada. Today the problems that were caused by our use of DDT are receding. The eagles are no longer on the endangered list and the amount of DDT residue in our food has greatly diminished.
But to correct that particular problem we needed to actually examine it. We couldn't just say I'm just going to look at the good that's in the world. Having looked at the problem we could then follow the evidence back to the cause. And the cause was us.
And once again the enemy is us. By looking at Mike Montagne's models in the links above you will see that the use of a private banks money results in debt. The use of DDT resulted in egg shells that broke as eagles sat on them and the enemy was us because we put the DDT into the environment. The use of a private banks money causes debt because we put those notes into circulation at interest. The DDT didn't get into the environment on it's own and a private banks debt causing notes don't get into circulation on their own. In both cases, "We have met the enemy and he is us."
Economic viability within our present financial system is at best an illusion and at worse, a tragedy.
~~~~~~~~~~~~~~~~~~~~~~~~~
Next Week - Part Three - The Solution
The solution may be to take back control of our money but there is one major process that must happen first. We must learn and really understand the need to do so. Until the problem is clearly seen, the solution,the solution will never be implemented.
For this the media offers no help. We will never hear or see the cause of debt clearly outlined on CBC, or any of the national news media for that matter. Like all the major media in the States the owners of all media in Canada benefit from the current system of "Money creation". Nor will any member of our Government honestly inform the public that the debt that's slowly burying them is caused by the interest charged on a private banks money.
We wont get into the debate of whether or not the Bank of Canada is publicly owned or is private. That topic, as well as how the Bank of Canada operates as a private bank, has been covered in these posts.
http://formulafordebt.blogspot.com/2010/11/look-at-bank-of-canada.html
http://formulafordebt.blogspot.com/2010/12/bond-is-simply-promise-to-pay.html
http://formulafordebt.blogspot.com/2010/12/bond-is-simply-promise-to-pay-part-two.html
At least two members of our Federal Government must be aware of how our national debt is caused; our Prime Minister and our Finance Minister; but they don't and wont tell you.
Once again, we bring your attention to our formula for debt. This formula illustrates the guaranteed end result of just one loan. But as all money circulating within our economy has been borrowed and is thus part of a specific loan, this formula, by extension, can be applied to all of it. An explanation and illustration of the proof of this formula can be found in these posts.
http://formulafordebt.blogspot.com/2010/11/formula-for-debt_09.html
http://formulafordebt.blogspot.com/2010/12/all-for-one.html
If no help is forthcoming from Governments, corporations or the media it becomes necessary for individuals to do their own due diligence in finding the cause of debt. We're not asking that you believe our claim that interest guarantees an un-payable debt. What we're asking is that you take the time and attempt to prove the formula for debt wrong. Your falure to prove it wrong should indicate to you that what it shows is true. And that is, for every dollar circulating within our economy there will result a debt equal to the interest charged on that dollar. Simple math shows that the more money we borrow, the higher the debt will be.
Having learned the truth about interest charged on money and seeing that the problem can only worsen if we continue on this insidious path of borrowing money from any bank at interest you must act. At first that action only needs to be sharing that knowledge with others. And that may only entail directing them to this Blog. Ask people if they can prove this formula wrong. As more and more people become aware of the truth their voices will join in a call for control of their money. Eventually that call will become so loud that it cannot be ignored. No matter what party you belong to, or if you belong to no party at all, our call should be united. The government simply must take back control of our money. One thing is assured if no voice rised with this call. Things will remain the same and the debt that will enslave our children will grow to enormous bounds.
So this simple solution involves two steps. First, you must learn. Second, you must speak.
The prosparity of future generations depends on this. Without your voice they are enslaved.
There is only one road to economic viability. We retrieve our right to issue our own pronise to pay.
~~~~~~~~~~~~~~~~~~~~~~~~~
Comments to the author are welcomed. david.ealing@gmail.com
Sunday, January 9, 2011
Words in Favour of Republic, Freedom and Liberty
Anyone who trades liberty for security deserves neither liberty nor security. Benjamin Franklin
In a Republic the people retain supreme control – they remain sovereign – sovereign over themselves and sovereign over their government. What a word, sovereign. It simply means the one in control, the one who has jurisdiction or authority; a wonderful thing for people to have.
My first memory of the word where it was anchored in my mind comes from the movie, The Alamo, with John Wayne. Watch clip: http://www.youtube.com/watch?v=xaPA8fGeRUc
Historians could write an interesting essay regarding the similarities between historical Rome and America Rome United States Rome and the United States United States
As a Canadian living under a Parliamentary Democracy I have always felt that the few are in control of my country. I’ve been taught that democracy is the best form of government possible (by those who control our democracy) but I’ve always seen that once elected, Members of Parliament seldom listen to those who elected them. Then I heard of a court case where the final decision rendered by the judge stated that there was no legal duty on an elected representative at any level of government to consult with his constituents or determine their views. The judge also adopted a statement from a previous trial that stated:
It is of the essence of our parliament system of government that our elected representatives should be able to perform their duties courageously and resolutely in what they consider to be the best interests of Canada
Note: Underlining added.
I think most Canadians would be shocked to find out that Members of Parliament have no obligation to represent them once they’ve been elected. And, that the courts agree that they should be free from any worry of being called to account by those who elected them. Imagine putting servants in charge of your estate only to find that you cannot call then to account. Something’s wrong with this picture.
The Littlechild Case
Proceedings taken in The Court of Queen's Bench, Docket # 9012000725
Law Courts,
10th December, 1990
The Honourable Mr. Justice, E.A. Marshall
Justice of the Court of Queen's Bench of Alberta
E. Molstad, Esq.
For the Defendant
F. Wall
For the plaintiffs
Official Court Recorder
THE COURT: Thank you. Well, as you suggested and conceded Ms. Wall, it appears clear to me that the Statement of Claim must be struck out -- that legal proceedings are not the correct forum to seek the relief which has been sought. Counsel for Mr. Littlechild has outlined the law. The Statement of Claim alleges a failure on the part of Mr. Littlechild to consult with the constituency members and a failure on his part to account to them, further failing to ascertain their views in voting for the government's goods and services tax and failing to adequately represent their views in his voting for the government's goods and services tax. It appears that the action is a claim of a breach of duty on the part of the M.P. of the Plaintiffs. It seems clear on the authorities and I note in Roman Corporation which has been cited, that if I have any doubt on this application, as to whether the plaintiffs have a cause of action, I must give the benefit of that doubt to the Plaintiffs and refuse the application and leave the matter to be decided at a trial. However I am satisfied the Plaintiffs have no cause of action against the Defendant. I know of no legal duty on an elected representative at any level of government to consult with his constituents or determine their views. While such an obligation may generally be considered desirable, there is no legal requirement. I adopt the quotation from the trial in the Roman Corporation case, where he said:
"It is of the essence of our parliament system of government that our elected representatives should be able to perform their duties courageously and resolutely in what they consider to be the best interests of Canada, free from any worry of being called to account anywhere except in parliament."
So, it appears to me that the only remedy existing for the Plaintiffs is the remedy provided by our Constitution in the right to vote in a future election. I note also that the prayer for relief gives some difficulty. They request an Order of the Court recalling the Defendant to account to the Plaintiffs in his constituency for his actions in parliament. I would be inclined to strike the Statement of Claim on that paragraph as well. But I note they do make a prayer for such other relief as the Court shall deem just which probably is general enough that the action could not be struck out on that account alone. So I am satisfied that no court can compel the Defendant to account to his constituents and just to show you what really occurs in this application, Ms. Wall, what I am really assuming for the moment is that everything you have said in the Statement of Claim is correct. Even if that is all true the Court can't give you assistance because in the drafting and the exercise in the use of our constitution through the decades, it has been the wisdom of our Fathers of Confederation and others that M.P.'s must be given a right to carry out their duties without any worry about being called to account during their term of office. That is the way our constitution was drafted and I must take judicial notice of the Act - - which relates to Members of Parliament, the Parliament of Canada Act, that the members of the House of Commons enjoy all the privileges and immunities of Members of Parliament, Parliament of the United Kingdom. So, under the circumstances I am dismissing -- or I am allowing the application to strike but the Statement of Claim and it will be struck out accordingly.
The remainder of the transcript deals with court costs (snipped)
***************************************************************
In the above transcript, the case referred to was “Roman Corporation Limited vs. The Hudson Bay Company”, both corporate entities. The reference itself does not refer to a “roman incorporation - roman person”; however, that case referred to the limited liability status of Members of Parliament - showing that Parliament is considered to be a “make-believe ship” - an incorporation in the Roman Empire style, whereby the crewmembers (of real or imaginary ships) are considered to not be responsible for their own actions, but are totally subservient to the captain and officers of the ship.
This little known decision should be delivered to every Canadian; probably to everyone under a monarch controlled Parliamentary Democracy. It seems that when we elect Provincial or Federal Government members all we’re doing is filling the Board of Director’s seats for one of the Queen’s foreign corporations known as Canada
Before a duly elected Member may take his or her seat and vote in the House of Commons, the Member must take an oath or make a solemn affirmation of allegiance or loyalty to the Sovereign and sign the Test Roll (a book whose pages are headed by the text of the oath). When a Member swears or solemnly affirms allegiance to the Queen as Sovereign of Canada, he or she is also swearing or solemnly affirming allegiance to the institutions the Queen represents, including the concept of democracy. Thus, a Member is making a pledge to conduct him-or herself in the best interests of the country. The oath or solemn affirmation reminds a Member of the serious obligations and responsibilities he or she is assuming.
The obligation requiring all Members of Parliament to take the oath is found in the Constitution Act, 1867, with the text of the oath itself outlined in the Fifth Schedule. [207] The Act states: “Every Member of the … House of Commons of Canada shall before taking his Seat therein take and subscribe before the Governor General or some Person authorized by him … the Oath of Allegiance contained in the Fifth Schedule to this Act …” The wording of the oath is as follows: “I, (Member’s name), do swear, that I will be faithful and bear true Allegiance to Her Majesty Queen Elizabeth the Second.” [208] As an alternative to swearing the oath, Members may make a solemn affirmation, by simply stating: [209] “I, (Member’s name), do solemnly, sincerely, and truly declare and affirm that I will be faithful and bear true allegiance to Her Majesty Queen Elizabeth the Second.”
Although the above states that: Thus, a Member is making a pledge to conduct him-or herself in the best interests of the country. It doesn’t state, however, that the member is making a pledge to conduct him-or-herself in the best interest of the people of Canada
What the above indicates to me is that Canadians live under the Dictates of a Monarch. Monarchists would disagree but in this day and age Monarchs are totally unnecessary. They serve no useful purpose. The day has long since passed that any person be born into a position of authority over others. That one person should be required to lower their head to another is in itself an injustice. That someone, through birth, expects or demands that should be an insult to all. That human beings have been conditioned to embrace the sovereignty of another rather then their own is a crime. And I rue the day that any sovereign Canadian is required to swear an oath of faithfulness and true allegiance Charles or any of his heirs. Nothing he has done has earned him that honour and birth should not grant it.
Republic
Now that you know what I don’t want let me reveal what I strongly desire. I desire a Republic where all are sovereign. Where each person is allowed to live as they decide as long as they fulfill three conditions.
1. That they harm no other person.
2. That they break no one’s property.
3. That they commit no fraud in their contracts with others.
What makes a republic great is the limits it places on government and the freedoms it leaves in the hands of the individual. All other forms of government (democracy included) have a way of dominating the individual as they gather more and more power unto themselves.
The American Declaration of Independence is a powerful document but it’s in need of some improvement. Its wording left doors open that allows for the deceitful usurpation of power by groups motivated solely by what would benefit themselves the most. As an example, look at these lines from that document.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty
Three points are presented here.
1. Individuals have the unalienable Rights of Life, Liberty
2. Governments are instituted to secure these rights.
3. Governments derive their power from the consent of the Governed.
These three emanate from the true seat of power; the consent of the Governed. But where the founding fathers thinking about vocal consent or was tacit consent included? I would submit that it has been tacit consent that slowly eroded that true seat of power and placed it firmly with the few; the oligarchy.
An example of tacit consent happens after each election. Shortly after an election all constituents of a riding will receive a notice in the mail. This notice will be from the person who received the most votes in the election. It will be a notice of introduction and will say, “Hello, I’m ____________. I’m your new representative.”
Most people don’t recognize this as an offer. The elected person is making an offer to represent the constituent in Parliament. There is then a period of time after the constituent receives this notice and the time the elected person takes the oath of office. This is an important time for it’s the only time the constituent has to say, “No, I don’t accept your offer to represent me.” The constituents’ failure to respond is taken as their tacit consent that the elected person can act as their representative. Having received no negative responses, the elected person can now claim to have the consent of 100% of the constituents of the riding.
I have heard people say, “That person doesn’t represent me. I never voted for him or her. The truth is, if you didn’t say no, you said yes.
Another example: I have a friend who worked all her life and made a fairly decent income. Due to illness my friend became unable to work and over time was forced onto government assistance. When my friend learned how little she would receive her comment was, “How do they expect a person to live on this.” I told her that she had previously agreed that it was a fair amount. I explained that the government had passed an Act in the Provincial Legislature stipulating the amount that a recipient of benefits would receive. Again, they waited an appropriate time, usually thirty days, before making it Law. Those thirty days were my friend’s opportunity to voice her opposition to the Act. Failing to do so was her tacit consent. With no opposition to the Act, the government could now pass it into Law. My friend had given her tacit agreement to the Act and thus, had lost her opportunity to complain.
I don’t believe the founding fathers looked at this possibility. If they had I’m sure that they would have stipulated that consent must not be gained through tacit means. I do believe, however, that Monarchies have only given up control with the knowledge that control can be regained through tacit consent.
With the tacit consent of the people of the Republic the American oligarchy now claims to be a democracy, a word that cannot be found in the Declaration of Independence or the US Constitution. And it is this Democracy they intend to spread to the rest of the world. They’re not intending to spread a Republic. I wonder why.
It is said that when Benjamin Franklin exited the Constitutional Convention a woman asked him, “Sir, what have you given us?” To which he replied, “A Republic Ma’am, if you can keep it.” Through tacit consent, it was lost.
Once one sees how individual rights can be eroded by the manipulation of our own tacit consent it becomes evident that liberty and freedom can only be had through a consciously retained Republic. One in which the scope and power of the government is limited. The sole purpose of the American Bill of Rights was to safeguard individual rights by limiting Government power. The whole document is about what the government “Shall not do”. I watched a video yesterday where the narrator stated that the tenth amendment basically says, “If we forgot anything, you can’t do that either.”
The powers not delegated to the United States
As a Canadian I vote that we pursue a Republic form of government. I urge all people everywhere to pursue that end. Until we have that we will have slavery.
With the present forms of governments around the world a very few in each country lead the many into confrontations and war for their own gain. Hermann Goering, Hitler’s number two man probably said it best with the following:
“Why of course the people don’t want war. Why should some poor slob on a farm want to risk his life in a war when the best he can get out of it is to come back to his farm in one piece? Naturally the common people don’t want war neither in Russia , nor in England , nor for that matter in Germany
Goering was commenting on how to generate public acceptance and enthusiasm for the mass slaughter that is war. Next read Julius Caesar’s comments; they sound somehow familiar.
“Beware the leader who bangs the drums of war in order to whip the citizenry into a patriotic fervour, for patriotism is indeed a double-edged sword. It both emboldens the blood, just as it narrows the mind.
And when the drums of war have reached a fever pitch and the blood boils with hate and the mind has closed, the leader will have no need in seizing the rights of the citizenry. Rather, the citizenry, infused with fear and blinded by patriotism, will offer up all of their rights unto the leader and gladly so.
How do I know? For this is what I have done. And I am Caesar.”
The only defence that the people have over these forms of lies is a consciously held Republic. To do that the people need to firmly grasp the knowledge of what rights are theirs. They must constantly be on guard to protect these rights for without them they become slaves. They must never forget that with freedom comes responsibility; not only the responsibility to protect their own freedom and liberty but the responsibility to protect their neighbours as well.
Much more could be written but I’ll close with something written and published previously.
Be careful of this word "freedom", especially if you want freedom from responsibility. You should know that there are those who are more than willing - in fact they are eager to embrace that which you cast off. And years later when your grandchildren become adults they will be docile followers of those who picked up what you left behind.
Today the world is full of docile people. They know that responsibility for their children's education rests with the school board; that the responsibility for hospitals and medical care rests with the health "authority"; that the responsibility for law and order rests with the police; (they're even cautioned, "don't get involved. Call the police.") They know that the responsibility for their country's economy rests with the central bank and they know that their relationship with the people of other countries rests with the government.
But slowly, painfully slowly for some, there is an awakening going on today. That awakening is the realization that all the above mentioned responsibility rests not with any authority; it rest squarely on the shoulders of the people. The people have elected and appointed servants, not sovereigns. Sovereignty's rightful place rests with the people; always with the people. The people forgot for awhile, but now memory's return journey has begun.
Today the world is full of docile people. They know that responsibility for their children's education rests with the school board; that the responsibility for hospitals and medical care rests with the health "authority"; that the responsibility for law and order rests with the police; (they're even cautioned, "don't get involved. Call the police.") They know that the responsibility for their country's economy rests with the central bank and they know that their relationship with the people of other countries rests with the government.
But slowly, painfully slowly for some, there is an awakening going on today. That awakening is the realization that all the above mentioned responsibility rests not with any authority; it rest squarely on the shoulders of the people. The people have elected and appointed servants, not sovereigns. Sovereignty's rightful place rests with the people; always with the people. The people forgot for awhile, but now memory's return journey has begun.
Remember freedom. Remember liberty.
~~~~~~~~~~~~~~~~~~~~~~~~~
Comments to the author are welcomed. david.ealing@gmail.com
Friday, January 7, 2011
The American Dream Animated Film
There is a new animated film available from, http://www.theamericandreamfilm.com/. Once there click on "film" at the bottom of the page to watch the video or to purchase the DVD. If you're just watching, a donation would probably be appreciated. As the DVD can be purchased for only $6.00 that would probably be best. With resources they may make more good films. Let's help them out.
Preparing for Battle in an Economic War
The following links will lead you to a six part report by David DeGraw entitled, The Economic Elite Vs. The People of the USA.
You may not realize it but there is an economic war going on. Those making the war come right out and state that there is. Have you heard them yet?.
Don't believe that? Here's what Warren Buffett has said:
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
Their winning because there's no resistance.
Here's what David Rochefeller, on page 405 of his book, Memoirs states:
For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it.
Here's a prominent American publicly stating that he has worked against the best interests of the United States, and there's no fallout; nobody accuses him of treasion. Why not?
It is time for action. It is time for a joining together under one banner for truth and justice. For me that banner is Mathemetically Perfected Economy (MPE). Find that at: http://www.perfecteconomy.com/.
Don't expect to understand MPE over night. If, at the moment, you haven't come to grips with the fact that there's an economic war going on - and your losing - your learning curve will be steep. If you understand that there is an economic war going on then you've made the first curve. Being at war means that out very survival depends on fully recognizing who the enemy is - understanding their methods - seeing our winning tactic - and then implementing that tactic. Devote the next month to learning all you can about this war. Start by following the following links and reading what you find. Spend the necessary time reading Mike Montagne's web site http://www.perfecteconomy.com/, and listening to his radio messages on youtube. Study what's happening economically around the globe.
I'll let David DeGraw finish this post. The following is from one of his reports.
To put it bluntly, after much analysis, I am forced to conclude that we are in grave danger. If you think the past few years have been bad, unless we significantly change our present course, they will be remembered as a walk in the park compared to what we have coming our way.
When you are brave enough to leave the Disneyland of mainstream propaganda and face the reality of our current crisis, the foreseeable future looks absolutely horrifying and, given the course we are on, extreme conditions are inevitable.
To poetically summarize the information I have gathered, and distill the essence of this report for all the people who have a short attention span, let me just echo the prophetic words of Bob Dylan and simply say, A hard rain is a-gonna fall.
I heard the sound of a thunder
It roared out a warnin’ …
Heard ten thousand whisperin’
And nobody listenin’ …
‘What’ll you do now?’ …
I’m a-goin’ back out ‘fore the rain starts a-fallin’
I’ll walk to the depths of the deepest black forest …
Where the pellets of poison are flooding their waters …
Where the executioner’s face is always well hidden …
And I’ll expose it, as I “think it and speak it and breathe it…” Then I’ll:
reflect it from the mountain so all souls can see it …
I’ll stand on the ocean until I start sinkin’
But I’ll know my song well,
before I start singin’.
So let me end this introduction and start to lay out the situation for your consideration.
We are at a critical crossroad. Stay the present course and it leads directly down a road we have been twice before, to world war.
Or, take the road less traveled, one we took only once before, which leads to revolution.
To present things in such absolute terms — saying that we must choose between one way or the other — is rarely a sincere interpretation of a situation. In life, most things are not so black and white; there are usually many shades of gray. I would much prefer to avoid such a dualistic Manichean perspective. However, after much deliberation, I don’t see any middle road. As I will prove to you, we are on a clear path of war, death and destruction and, at this juncture, the only way for us to get off this path is through revolution. The current system of control cannot be partially adjusted at this point. The time for minor reforms has passed; half-measures will no longer suffice. It is a world at war, or it is all-out revolution. Perhaps these two roads will converge and collide, and we will experience both for a period of time, but which one will prevail?
The Economic Elite have backed us into this corner, they’ve forced upon us these two drastic options.
In the interests of self-preservation, it is time for our survival instinct to kick in.
I’m going to explain how we got to this point, and then you can decide for yourself what your next move will be.
Ultimately, the choice is yours…
Eleutheria i Thanatos
– David DeGraw
Part I
http://ampedstatus.com/the-economic-elite-vs-the-people-of-the-united-states-of-america-part-i
Part II
http://ampedstatus.com/part-ii-the-rise-of-the-economic-elite-economic-elite-vs-the-people
Part III
http://ampedstatus.com/part-iii-exposing-our-enemy-meet-the-economic-elite
Part IV
http://ampedstatus.com/part-iv-the-financial-coup-detat-the-economic-elite-vs-the-people-of-the-united-states-of-america
Part V
http://ampedstatus.com/part-v-overcoming-the-divide-and-conquer-strategy-the-economic-elite-vs-the-people-of-the-usa
Part VI
http://ampedstatus.com/part-vi-how-to-fight-back-and-win-common-ground-issues-that-must-be-won-the-economic-elite-vs-the-people-of-the-usa
You may not realize it but there is an economic war going on. Those making the war come right out and state that there is. Have you heard them yet?.
Don't believe that? Here's what Warren Buffett has said:
“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
Their winning because there's no resistance.
Here's what David Rochefeller, on page 405 of his book, Memoirs states:
For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as "internationalists" and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it.
Here's a prominent American publicly stating that he has worked against the best interests of the United States, and there's no fallout; nobody accuses him of treasion. Why not?
It is time for action. It is time for a joining together under one banner for truth and justice. For me that banner is Mathemetically Perfected Economy (MPE). Find that at: http://www.perfecteconomy.com/.
Don't expect to understand MPE over night. If, at the moment, you haven't come to grips with the fact that there's an economic war going on - and your losing - your learning curve will be steep. If you understand that there is an economic war going on then you've made the first curve. Being at war means that out very survival depends on fully recognizing who the enemy is - understanding their methods - seeing our winning tactic - and then implementing that tactic. Devote the next month to learning all you can about this war. Start by following the following links and reading what you find. Spend the necessary time reading Mike Montagne's web site http://www.perfecteconomy.com/, and listening to his radio messages on youtube. Study what's happening economically around the globe.
I'll let David DeGraw finish this post. The following is from one of his reports.
~~~~~~~~~~~~~~~~~~~~~~~
A Hard Rain is Going to Fall To put it bluntly, after much analysis, I am forced to conclude that we are in grave danger. If you think the past few years have been bad, unless we significantly change our present course, they will be remembered as a walk in the park compared to what we have coming our way.
When you are brave enough to leave the Disneyland of mainstream propaganda and face the reality of our current crisis, the foreseeable future looks absolutely horrifying and, given the course we are on, extreme conditions are inevitable.
To poetically summarize the information I have gathered, and distill the essence of this report for all the people who have a short attention span, let me just echo the prophetic words of Bob Dylan and simply say, A hard rain is a-gonna fall.
I heard the sound of a thunder
It roared out a warnin’ …
Heard ten thousand whisperin’
And nobody listenin’ …
‘What’ll you do now?’ …
I’m a-goin’ back out ‘fore the rain starts a-fallin’
I’ll walk to the depths of the deepest black forest …
Where the pellets of poison are flooding their waters …
Where the executioner’s face is always well hidden …
And I’ll expose it, as I “think it and speak it and breathe it…” Then I’ll:
reflect it from the mountain so all souls can see it …
I’ll stand on the ocean until I start sinkin’
But I’ll know my song well,
before I start singin’.
So let me end this introduction and start to lay out the situation for your consideration.
We are at a critical crossroad. Stay the present course and it leads directly down a road we have been twice before, to world war.
Or, take the road less traveled, one we took only once before, which leads to revolution.
To present things in such absolute terms — saying that we must choose between one way or the other — is rarely a sincere interpretation of a situation. In life, most things are not so black and white; there are usually many shades of gray. I would much prefer to avoid such a dualistic Manichean perspective. However, after much deliberation, I don’t see any middle road. As I will prove to you, we are on a clear path of war, death and destruction and, at this juncture, the only way for us to get off this path is through revolution. The current system of control cannot be partially adjusted at this point. The time for minor reforms has passed; half-measures will no longer suffice. It is a world at war, or it is all-out revolution. Perhaps these two roads will converge and collide, and we will experience both for a period of time, but which one will prevail?
The Economic Elite have backed us into this corner, they’ve forced upon us these two drastic options.
In the interests of self-preservation, it is time for our survival instinct to kick in.
I’m going to explain how we got to this point, and then you can decide for yourself what your next move will be.
Ultimately, the choice is yours…
Eleutheria i Thanatos
– David DeGraw
Part I
http://ampedstatus.com/the-economic-elite-vs-the-people-of-the-united-states-of-america-part-i
Part II
http://ampedstatus.com/part-ii-the-rise-of-the-economic-elite-economic-elite-vs-the-people
Part III
http://ampedstatus.com/part-iii-exposing-our-enemy-meet-the-economic-elite
Part IV
http://ampedstatus.com/part-iv-the-financial-coup-detat-the-economic-elite-vs-the-people-of-the-united-states-of-america
Part V
http://ampedstatus.com/part-v-overcoming-the-divide-and-conquer-strategy-the-economic-elite-vs-the-people-of-the-usa
Part VI
http://ampedstatus.com/part-vi-how-to-fight-back-and-win-common-ground-issues-that-must-be-won-the-economic-elite-vs-the-people-of-the-usa
Journalism of Appeasement. Corruption, Smoke and Mirrors
Tis article was borrowed from, http://www.globalresearch.ca/. Its URL there is,
http://www.globalresearch.ca/index.php?context=va&aid=22519. Global Reasearch is an excelent place to find information on relevant topics affecting all our lives.
http://www.globalresearch.ca/index.php?context=va&aid=22519. Global Reasearch is an excelent place to find information on relevant topics affecting all our lives.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by David DeGraw
Our country is so overrun with corruption, we cannot remain passive and expect things to get any better.
The economy is propped up by smoke and mirrors and will inevitably collapse. Without immediately breaking up the banks and holding the thieves accountable, we will continue on our downward spiral with increasingly severe and devastating consequences.
These are extremely unpleasant truths that we are now forced to confront. We have to act now. If you are not calling for revolution or organizing, you are either unaware of what’s happening around you, horribly naïve or a fascist sympathizer.
Today… the crooks on Wall Street… the people whose actions, illegal actions, reckless actions, have resulted in millions of Americans losing their jobs, their homes, their savings… After we bailed them out, the CEOs today are now earning more money than they did before the bailout…. While the middle class of this country collapses and the rich become much richer… the United States now has, by far, the most unequal distribution of income and wealth of any major country on earth.
When we were in school, we used to read the text books which talked about the banana republics inLatin America … about countries in which a handful of people owned and controlled most of the wealth in those countries. Well, guess what? That is exactly what is happening in the United States
Here’s a brief summation of my recent reporting:
If we continue to let our politicians and wealthy members of society live in comfort, free from the consequences of their actions, we are complicit in our own demise. Our country is so overrun with corruption, we cannot remain passive and expect things to get any better.
The economy is propped up by smoke and mirrors and will inevitably collapse. Without immediately breaking up the banks and holding the thieves accountable, we will continue on our downward spiral with increasingly severe and devastating consequences.
These are extremely unpleasant truths that we are now forced to confront. We have to act now. If you are not calling for revolution or organizing, you are either unaware of what’s happening around you, horribly naïve or a fascist sympathizer.
In response to statements like those above, I’ve been exchanging emails with colleagues (journalists and news editors) who have become “uncomfortable” with my reporting style and been saying some variation of the following: “You’re being too radical. This is too extreme for us to publish.”
While I appreciate their opinions, I want to make something 100% clear. I am fully aware that these words are harsh, and may turn off some people. However, in extreme times, telling the truth will make you sound extreme. Ultimately, I don’t mind if you think I sound “too extreme,” I don’t care if I make people “uncomfortable,” or if, in your opinion, I’ve become “too radical.” Try telling that to the 52 million Americans who are now living in poverty. Tell that to the millions of American families who have lost their homes and jobs. Tell that to the 59 million people who can’t afford health insurance. Tell that to the overwhelming majority of the population who are stressed out, living paycheck to paycheck, buried in debt they will never get out of and desperately struggling to make ends meet.
Try telling that to all the people who have emailed me explaining their dire situations due to this economic crisis. Tell that to all the people I personally know who have taken major pay cuts.
I will not participate in the journalism of appeasement.
What has to happen for you to stop being a status quo supporting naïve journalist and realize that we are in the middle of a war? More accurately, it is a slaughter. An all-time record-breaking slaughter.
I refuse to “normalize the unthinkable.”
Here’s a list of stats that I am sure you are already extremely sick of hearing, what we have already passively accepted as “the new normal,” some new ALL-TIME RECORDS for you:
· 3 million families foreclosed upon;
· 30 million people in need of employment;
· 43 million people on food stamps;
· 52 million people in poverty;
· 59 million people without healthcare;
· 239 million living paycheck to paycheck;
· $144 billion in Wall Street bonuses;
· $13 Trillion in investible wealth within 1% of US
Ask yourself this question: How sick and depraved of a society do you have to live in to get an outcome like this?
We now have the highest and most severe inequality of wealth in the history of the United States
This is the largest criminal racket in world history. We need prosecutions under the Racketeer Influenced and Corrupt Organizations (RICO) Act, right now!
Another important point in response to emails that I get: when I write that Obama is a puppet, some people still get upset with me. Are you kidding me? What kind of president allows this to happen without holding people accountable? What kind of president allows our tax dollars to be taken and handed out as all-time record-breaking bonuses while we have an all-time record-breaking number of people living in poverty? What kind of president puts career-long preeminent economic imperialists Tim Geithner and Larry Summers in charge of our economy, and supports Ben Bernanke’s reconfirmation as Fed Chairman? This is all absurd and inexcusable! These three people would be in prison if we lived in a nation ruled by law. Obama is a bullshit artist - Period, Full Stop.
This is a quintessential banana republic ruled by a puppet president. If that truth is too much for you to handle, stop reading this right now and go retreat into your “reality TV” world while you still can.
Let me defer to Senator Bernie Sanders. He recently said what I’ve been screaming about and gave us one of those very rare moments when truth was actually spoken on the Senate floor:
“There is a war going on in this county and I’m not referring to the war in Iraq or the war in Afghanistan United States of America
The reality is that many of the nation’s billionaires are on the war path. They want more, more, more. Their greed has no end, and apparently there is very little concern for our country or for the people of this country if it gets in the way of the accumulation of more and more wealth, and more and more power…. Today… the crooks on Wall Street… the people whose actions, illegal actions, reckless actions, have resulted in millions of Americans losing their jobs, their homes, their savings… After we bailed them out, the CEOs today are now earning more money than they did before the bailout…. While the middle class of this country collapses and the rich become much richer… the United States now has, by far, the most unequal distribution of income and wealth of any major country on earth.
When we were in school, we used to read the text books which talked about the banana republics in
What will it take to make you understand this? Don’t you get it? This is a war! This is a mass slaughter carried out by economic policy. This is the elimination of the existence of a middle class. These are financial terrorists committing crimes against humanity. Our country is being attacked! My family is under attack! My child is under attack! I am under attack!
We are under attack!
I know that TV news propaganda confuses people, but on a basic and profound level, whether people want to admit it or not, the overwhelming majority of the population knows that our nation has been taken over by a global banking cartel. We know that our future has gone up in flames. We know that both political parties have been paid off and don’t represent us. If the politicians don’t drastically change course and start representing the people, we have a duty, a Constitutional commitment and obligation to launch a revolution.
If you are not calling for revolution or organizing, you are either unaware of what’s happening around you, horribly naïve or a fascist sympathizer. If we continue to let our politicians and wealthy members of society live in comfort, free from the consequences of their actions, we are complicit in our own demise.
Our country is so overrun with corruption, we cannot remain passive and expect things to get any better. The economy is now propped up by smoke and mirrors and will inevitably collapse. Without immediately breaking up the banks and holding the thieves accountable, we will continue on our downward spiral with increasingly severe and devastating consequences. These are extremely unpleasant truths that we are now forced to confront. We have to act now.
People who still delude themselves into apathy by clinging to the belief that
giving trillions of dollars to the banks had to be done, are buying into a baseless propaganda line. Use your commonsense. What kind of fool would think that the best way to solve the economic crisis would be to give trillions of dollars to the people who are most responsible for causing it. That is absurd! Instead of holding them accountable for the crimes they committed, they were given trillions in taxpayer funds which they used to further consolidate power and give themselves all-time record-breaking bonuses - and they deliberately impoverished tens of millions of people in the process. People are either confused as to what happened or they are in denial and afraid to confront the colossal crime committed. Whatever the case may be, there is no escaping the consequences. The implications are staggering. If you think it’s been bad over the past two years, get ready, you haven’t seen anything yet.
So are we going to start fighting back, or should I just move my family to another country? Most everyone who understands our economic and political situation are having this debate now and contemplating moving outside the country. Is that what we should do? Should we just leave the country and let it collapse?
Those who are aware have reached the point where our survival instinct is kicking in. Fight or flight?
I’m ready to fight, but I’m not ready to fight a losing battle. We all need to do what is best for our family.
Are you with me? Or should I start packing now?
– David DeGraw is the founder and editor of AmpedStatus.com. He is the author of The Economic Elite Vs. The People of the United States
David DeGraw is a frequent contributor to Global Research. Global Research Articles by David DeGraw
Wednesday, January 5, 2011
How Rich is a Millionaire?
During the late 1980s I worked for a short time selling and installing wood stoves. In most installations the vent was run up through the attic and roof. On one such installation I found a number of boxes in the attic directly over the spot where the vent was to go. Upon asking the couple who owned the house where the boxes should be placed they looked at my quizzically and asked, "What Boxes?" As it turned out they had never put any boxes in the attic but someone they knew had.
Apparently this couple purchased this particular house in the 1960s for mainly sentimental reasons. The wife's grand parents had lived in it most of their married lives and only moved out only when they were quite elderly. In all the years that this couple owned the house they had never been in the attic. That was probably because it was only accessible was through a very small door on one gable end.
As things turned out the the grand parents were the ones who stored these boxes in the attic. For their grand daughter these boxes were treasures of great value, filled as they were with family heirlooms such as a diary written by her grandmother as a teenage girl traveling across the Canadian prairies in a Red River wagon. Other items included many books, jewelry, clothing, dishes, old hand tools and shoe boxes full of letters the grand parents had received from Europe.
There was another item from that treasure that's remained in my memory more than any other - a 1905 menu from a Vancouver restaurant. I remember this because I was surprised to learn that the most expensive item on this menu was a plate of spaghetti and meat balls. The cost? Five cents! And no tax! Coffee (a large cup)
was a penny, breakfast of bacon and eggs was four cents and dessert three cents. In Vancouver during 1905 one could eat well for under twenty cents a day or dine out all month for less than six dollars. Today, January 4, 2011, you can't get one breakfast for five dollars and you would need at least fifteen hundred dollars ($1,500) to eat out for a month.
The 1900 New York menu below shows that their prices were higher. There a person could have three meals a day for about one dollar, or about thirty dollars for a whole month!
So, would you rather be a millionaire under 1900 -1905 prices or under the prices of 2011?
In 1925 my grandfather bought a full basement two story home in Winnipeg Manitoba for the grand sum of $750. So in Winnipeg at that time a millionaire would have been able to purchase over 1,300 homes. Today in Winnipeg a millionaire could only purchase five homes of comparable size and age. Today that same millionaire would need two hundred sixty million dollars ($260,000,000) to purchase 1,300 homes.
So, would you rather be a millionaire under 1925 prices or under the prices of 2011?
I recently read an article that said that the number of millionaires world wide was increasing. the article suggested that these numbers proved that the recession was over. In United States alone there were 4, 715,000 millionaires. A 15.1% increase over the previous year. Canada's millionaire population increased by 4.8% to 162,143.
Even though these numbers give the appearance of a recovery we shouldn't take that as the truth. For in truth the recession continues. In truth we are in the dying days of a sick economic system.
Keep these graphs (below) in mind when you hear that things are improving and know that being a millionaire today is not the same as it was in 1905. And if you are a millionaire, these graphs should tell you that one day soon you'll need a wheel barrow to carry your money to the store in order to buy a loaf of bread.
Inflation! Isn't it wonderful?
Comments to the author are welcomed. david.ealing@gmail.com
Apparently this couple purchased this particular house in the 1960s for mainly sentimental reasons. The wife's grand parents had lived in it most of their married lives and only moved out only when they were quite elderly. In all the years that this couple owned the house they had never been in the attic. That was probably because it was only accessible was through a very small door on one gable end.
As things turned out the the grand parents were the ones who stored these boxes in the attic. For their grand daughter these boxes were treasures of great value, filled as they were with family heirlooms such as a diary written by her grandmother as a teenage girl traveling across the Canadian prairies in a Red River wagon. Other items included many books, jewelry, clothing, dishes, old hand tools and shoe boxes full of letters the grand parents had received from Europe.
There was another item from that treasure that's remained in my memory more than any other - a 1905 menu from a Vancouver restaurant. I remember this because I was surprised to learn that the most expensive item on this menu was a plate of spaghetti and meat balls. The cost? Five cents! And no tax! Coffee (a large cup)
was a penny, breakfast of bacon and eggs was four cents and dessert three cents. In Vancouver during 1905 one could eat well for under twenty cents a day or dine out all month for less than six dollars. Today, January 4, 2011, you can't get one breakfast for five dollars and you would need at least fifteen hundred dollars ($1,500) to eat out for a month.
The 1900 New York menu below shows that their prices were higher. There a person could have three meals a day for about one dollar, or about thirty dollars for a whole month!
So, would you rather be a millionaire under 1900 -1905 prices or under the prices of 2011?
In 1925 my grandfather bought a full basement two story home in Winnipeg Manitoba for the grand sum of $750. So in Winnipeg at that time a millionaire would have been able to purchase over 1,300 homes. Today in Winnipeg a millionaire could only purchase five homes of comparable size and age. Today that same millionaire would need two hundred sixty million dollars ($260,000,000) to purchase 1,300 homes.
So, would you rather be a millionaire under 1925 prices or under the prices of 2011?
I recently read an article that said that the number of millionaires world wide was increasing. the article suggested that these numbers proved that the recession was over. In United States alone there were 4, 715,000 millionaires. A 15.1% increase over the previous year. Canada's millionaire population increased by 4.8% to 162,143.
Even though these numbers give the appearance of a recovery we shouldn't take that as the truth. For in truth the recession continues. In truth we are in the dying days of a sick economic system.
Keep these graphs (below) in mind when you hear that things are improving and know that being a millionaire today is not the same as it was in 1905. And if you are a millionaire, these graphs should tell you that one day soon you'll need a wheel barrow to carry your money to the store in order to buy a loaf of bread.
Inflation! Isn't it wonderful?
~~~~~~~~~~~~~~~~~~~~~~~~~
Comments to the author are welcomed. david.ealing@gmail.com
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