TRUE STORY FROM...
"THE HOUSTON HERALD NEWSPAPER"
IN HOUSTON , TEXAS
MARCH 5th, 2009
~
Last Thursday Night Around Midnight, A Woman From Houston , Texas Was Arrested,
Jailed, And Charged With Manslaughter For Shooting A Man 6 Times In The Back
As He Was Running Away With Her Purse. ~
he Following Monday Morning,
The Woman Was Called In Front Of The Arraignment Judge, Sworn In,
And Asked To Explain Her Actions.
The Woman Replied, "I Was Standing At The Corner Bus Stop
For About 15 Minutes, Waiting For The Bus To Take Me Home After Work.
I Am A Waitress At A Local Cafe...
I Was There Alone, So I Had My Right Hand On My Pistol,
That Was In My Purse, That Was Hung Over My Left Shoulder.
All Of A Sudden I Was Being Spun Around Hard To My Left.
As I Caught My Balance, I Saw A Man
Running Away From Me With My Purse.
I Looked Down At My Right Hand And I Saw That My Fingers Were Wrapped Tightly
Around My Pistol. The Next Thing I Remember Is Saying Out Loud,
"No Way Punk! Your Not Stealing My Pay Check And Tips."
~ I Raised My Right Hand, Pointed My Pistol
At The Man Running Away From Me With My Purse,
And Squeezed The Trigger Of My Pistol 6 Times!
~
When Asked By The Arraignment Judge,
"Why Did You Shoot The Man 6 Times?
~
The Woman Replied Under Oath,
"Because, When I Pulled The Trigger The 7th Time, It Only Went Click."
~
The Woman Was Acquitted Of All Charges. She Was Back At Work, At The Cafe, The Next Day!
Constitutional Homeland Security- Book on how to re-institute a Constituional Militia, it's not just for white guys...
Now that's Gun Control....
Sunday, December 20, 2009
Tuesday, December 15, 2009
How dumb are Americans? Man can't sell 1oz Gold Maple for $20
This is actually priceless, the guarded reactions to this man attempts to sell a 1oz Canadien Maple leaf. If you have never held a gold coin in your hand, you will instantly understand the difference between real money and the fake paper that is being propagated as money. These are people I do not want to get to know, if fact I would run into a flat out sprint to get out of their way. There is a widening gulf between the knowledgeable and the ingnorant. This is plain out stupid, not to understand what true value is.
Goldmoneybill.org To learn about true value and bring back economic sanity.
For Physical Ownership of Silver there is Monex- The low cost precious metal retailer. Paul Bea 800-949-4653 x2172 Use Kevin from UScivilflags.org as a referral
Sunday, December 13, 2009
Obama preparing U.S. For Civil War
Now I don't necessarily believe that a Civil War will break out, but I pass the information along. The most important thing that you can do besides the obvious is to buy Gold and Silver. The effects of the collapse of the economic system can be mitigated if you get the metal of real money in your hands. There are only 400 million oz of Silver coins available worldwide right now. The true price is upwards of $150-$1500 per oz. Even a few coins may enable you to survive quite comfortably any abrupt collapse of the economy. I suspect life will go on if Americans simply buy Gold and Silver before the collapse. Apmex.com is my favorite supplier for small purchases. There is always my sister site of Goldmoneybill.org if you want to get more active in bringing back sound money.
By Chuck Baldwin
December 11, 2009
According to an obscure report in the European Union Times (EUTimes.net), "Russian Military Analysts are reporting to Prime Minister Putin that US President Barack Obama has issued an order to his Northern Command's (USNORTHCOM) top leader, US Air Force General Gene Renuart, to 'begin immediately' increasing his military forces to 1 million troops by January 30, 2010, in what these reports warn is an expected outbreak of civil war within the United States before the end of winter.
"According to these reports, Obama has had over these past weeks 'numerous' meetings with his war council abut how best to manage the expected implosion of his Nation's banking system while at the same time attempting to keep the United States military hegemony over the World in what Russian Military Analysts state is a 'last ditch gambit' whose success is 'far from certain.'"
The EU Times article continues by saying, "To the fears of Obama over the United States erupting into civil war once the full extent of the rape and pillaging of these peoples by their banks and government becomes known to them, grim evidence now shows the likelihood of this occurring much sooner than later."
The Times story goes on to say that there are "over 220 million American people armed to the teeth and ready to explode."
The Times article concludes by saying, "Though the coming civil war in the United States is being virtually ignored by their propaganda media, the same cannot be said of Russia, where leading Russian political analyst, Professor Igor Panarin has long warned that the economic turmoil in the United States has confirmed his long-held view that the US is heading for collapse."
Many of us would be inclined to pooh-pooh such a story, but then there is this column from Bloomberg.com entitled "Arming Goldman With Pistols Against Public," written by Alice Schroeder. According to Ms Schroeder:
"'I just wrote my first reference for a gun permit,' said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank."
There is no doubt that the American people have good reason to despise these international banksters epitomized by Goldman Sachs. Even one of Goldman's poster-boys, Henry Paulson, US Treasury secretary and former Goldman CEO, admitted that the American people were fed up. Schroeder quotes Paulson as saying, during testimony to Congress last summer, "[People] were unhappy with the big discrepancies in wealth, but they at least believed in the system and in some form of market-driven capitalism. But if we had a complete meltdown, it could lead to people questioning the basis of the system."
Schroeder correctly opines, "There you have it. The bailout was meant to keep the curtain drawn on the way the rich make money, not from the free market, but from the lack of one. Goldman Sachs blew its cover when the firm's revenue from trading reached a record $27 billion in the first nine months of this year, and a public that was writhing in financial agony caught on that the profits earned on taxpayer capital were going to pay employee bonuses."
Schroeder concludes her column by saying, "And if the proles [proletariat: plebs, working class, peasants] really do appear brandishing pitchforks at the doors of Park Avenue and the gates of Round Hill Road, you can be sure that the Goldman guys and their families will be holed up in their safe rooms with their firearms."
So, do Wall Street and Russian analysts know something that we don't know?
Is this why George W. Bush initiated USNORTHCOM to begin with? Is this why Barack Obama is beefing up USNORTHCOM? This would help explain the reports of all those potential detention camps that have been constructed (including the abandoned military installations that have refurbished security fences, guard towers, etc., around them). Has the American people's disgust with these crooks and thieves within the federal government and Wall Street reached a boiling point?
There is no question that people are angry, and for good reason.
The fraudulent financial policies of the Federal Reserve and its lackeys in the White House and Congress have literally bankrupted the country. Real unemployment is most likely over 20%. Taxes (along with costly fees, regulations, restrictions, penalties, mandates, etc.) at every level are going through the ceiling. America's jobs have been outsourced. Barack Obama continues G.W. Bush's irresponsibility, digging America deeper and deeper into foreign entanglements, at the cost of trillions of dollars and thousands of lives. The IRS continues to harass and harangue honest citizens, squeezing them like the proverbial turnip. And now, add the insanity of a global climate treaty being hammered out in Copenhagen, and a universal health care bill being rammed through Congress, and the outlook is even gloomier.
I feel very comfortable in saying that the usurpations of power, the encroachments upon liberty, and the arrogant tax-and-spend policies emanating from Washington, D.C., and Wall Street these days are far more egregious than what George Washington and the boys were enduring in 1775-76 at the hands of the British Crown. There is no doubt in my mind that if Thomas Jefferson, Patrick Henry, and Sam Adams were alive today, they would have given cause for the Goldman Sachs banksters to retreat to their bunkers years ago!
The fact is, we do need a revolution! But not a revolution of anarchy and pitchforks. (The history of France should be ample evidence of the futility of this strategy.) We need a revolution of the individual states: to reclaim their sovereignty and fight for the liberties of their sovereigns (We the People). That is exactly what our forefathers did in '76.
America's founding document (the Declaration of Independence) declares that our states are "free and independent." And so they are. We are not "one nation" with one all-powerful central government. We are a confederation of nation-states, united in a voluntary union, with each State reserving to itself the power and authority of self-determination, and ceding to the federal government limited, specifically delineated duties and limitations--limitations that have been totally ignored to the point that, for all intents and purposes, our once-great constitutional republic has been thoroughly expunged. Therefore, it is NOW time for the states to stand up to this meddlesome, every-growing tyranny that is known as Washington, D.C., and defend the rights and liberties of their citizens!
What Dr. Ed Vieira (an attorney with 4 earned degrees from Harvard, who has successfully argued cases before the US Supreme Court) wrote a few weeks ago should serve as a template for every State governor and legislature that truly cares about liberty. See Ed's column at:
As Vieira says, the states should resurrect their militias. Many--if not all--states have the legal authority for such entities in their constitutions. In some states they are called the State Guard. Some plainly use the word "militia." Whatever they are called, they need to be activated. And all that is necessary for this to be accomplished is the order of the governor. It's that simple!
And as Vieira said, states need to adopt an alternative currency--including, and most especially, gold and silver. In other words, they need to develop their own private economies, complete with their own banks and exchange mediums. They also need to reject the multinational agribusiness and develop their own in-State agricultural and energy businesses.
I would dare say that the first State that determines to follow Vieira's sagacious counsel (and rumblings of this have already begun in states such as Alaska, Oklahoma, Texas, Montana, New Hampshire, Indiana, Tennessee, South Carolina, etc.) would have so many liberty-loving patriots flock there that its economy would explode with prosperity--resulting in a domino effect of many other states following suit--and the revolution that this country so desperately needs would indeed take place. Furthermore, such a revolution would be constitutional, lawful, moral, and, yes, in compliance with the laws of Nature and of Nature's God.
In the meantime, is Barack Obama really worried about civil war? He might be. It is my observation that Washington politicians and bureaucrats are the most paranoid people on the planet. The problem is--as with most power-hungry Machiavellians--their paranoia often translates into more oppression and less liberty for the citizenry. And if this is true, it simply means that the states need to hurry up and do what needs to be done!
"To the fears of Obama, over the United States erupting into civil war once the full extent of the rape and pillaging of these peoples by their banks and government becomes known to them, grim evidence now shows the likelihood of this occurring much sooner than later."
USCivilflags.org The Flag of Peace and Sovereignty
Miracle mineral Supplement- Protect yourself from the swine flu for $20.
By Chuck Baldwin
December 11, 2009
According to an obscure report in the European Union Times (EUTimes.net), "Russian Military Analysts are reporting to Prime Minister Putin that US President Barack Obama has issued an order to his Northern Command's (USNORTHCOM) top leader, US Air Force General Gene Renuart, to 'begin immediately' increasing his military forces to 1 million troops by January 30, 2010, in what these reports warn is an expected outbreak of civil war within the United States before the end of winter.
"According to these reports, Obama has had over these past weeks 'numerous' meetings with his war council abut how best to manage the expected implosion of his Nation's banking system while at the same time attempting to keep the United States military hegemony over the World in what Russian Military Analysts state is a 'last ditch gambit' whose success is 'far from certain.'"
The EU Times article continues by saying, "To the fears of Obama over the United States erupting into civil war once the full extent of the rape and pillaging of these peoples by their banks and government becomes known to them, grim evidence now shows the likelihood of this occurring much sooner than later."
The Times story goes on to say that there are "over 220 million American people armed to the teeth and ready to explode."
The Times article concludes by saying, "Though the coming civil war in the United States is being virtually ignored by their propaganda media, the same cannot be said of Russia, where leading Russian political analyst, Professor Igor Panarin has long warned that the economic turmoil in the United States has confirmed his long-held view that the US is heading for collapse."
Many of us would be inclined to pooh-pooh such a story, but then there is this column from Bloomberg.com entitled "Arming Goldman With Pistols Against Public," written by Alice Schroeder. According to Ms Schroeder:
"'I just wrote my first reference for a gun permit,' said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. The banker had told this friend of mine that senior Goldman people have loaded up on firearms and are now equipped to defend themselves if there is a populist uprising against the bank."
There is no doubt that the American people have good reason to despise these international banksters epitomized by Goldman Sachs. Even one of Goldman's poster-boys, Henry Paulson, US Treasury secretary and former Goldman CEO, admitted that the American people were fed up. Schroeder quotes Paulson as saying, during testimony to Congress last summer, "[People] were unhappy with the big discrepancies in wealth, but they at least believed in the system and in some form of market-driven capitalism. But if we had a complete meltdown, it could lead to people questioning the basis of the system."
Schroeder correctly opines, "There you have it. The bailout was meant to keep the curtain drawn on the way the rich make money, not from the free market, but from the lack of one. Goldman Sachs blew its cover when the firm's revenue from trading reached a record $27 billion in the first nine months of this year, and a public that was writhing in financial agony caught on that the profits earned on taxpayer capital were going to pay employee bonuses."
Schroeder concludes her column by saying, "And if the proles [proletariat: plebs, working class, peasants] really do appear brandishing pitchforks at the doors of Park Avenue and the gates of Round Hill Road, you can be sure that the Goldman guys and their families will be holed up in their safe rooms with their firearms."
So, do Wall Street and Russian analysts know something that we don't know?
Is this why George W. Bush initiated USNORTHCOM to begin with? Is this why Barack Obama is beefing up USNORTHCOM? This would help explain the reports of all those potential detention camps that have been constructed (including the abandoned military installations that have refurbished security fences, guard towers, etc., around them). Has the American people's disgust with these crooks and thieves within the federal government and Wall Street reached a boiling point?
There is no question that people are angry, and for good reason.
The fraudulent financial policies of the Federal Reserve and its lackeys in the White House and Congress have literally bankrupted the country. Real unemployment is most likely over 20%. Taxes (along with costly fees, regulations, restrictions, penalties, mandates, etc.) at every level are going through the ceiling. America's jobs have been outsourced. Barack Obama continues G.W. Bush's irresponsibility, digging America deeper and deeper into foreign entanglements, at the cost of trillions of dollars and thousands of lives. The IRS continues to harass and harangue honest citizens, squeezing them like the proverbial turnip. And now, add the insanity of a global climate treaty being hammered out in Copenhagen, and a universal health care bill being rammed through Congress, and the outlook is even gloomier.
I feel very comfortable in saying that the usurpations of power, the encroachments upon liberty, and the arrogant tax-and-spend policies emanating from Washington, D.C., and Wall Street these days are far more egregious than what George Washington and the boys were enduring in 1775-76 at the hands of the British Crown. There is no doubt in my mind that if Thomas Jefferson, Patrick Henry, and Sam Adams were alive today, they would have given cause for the Goldman Sachs banksters to retreat to their bunkers years ago!
The fact is, we do need a revolution! But not a revolution of anarchy and pitchforks. (The history of France should be ample evidence of the futility of this strategy.) We need a revolution of the individual states: to reclaim their sovereignty and fight for the liberties of their sovereigns (We the People). That is exactly what our forefathers did in '76.
America's founding document (the Declaration of Independence) declares that our states are "free and independent." And so they are. We are not "one nation" with one all-powerful central government. We are a confederation of nation-states, united in a voluntary union, with each State reserving to itself the power and authority of self-determination, and ceding to the federal government limited, specifically delineated duties and limitations--limitations that have been totally ignored to the point that, for all intents and purposes, our once-great constitutional republic has been thoroughly expunged. Therefore, it is NOW time for the states to stand up to this meddlesome, every-growing tyranny that is known as Washington, D.C., and defend the rights and liberties of their citizens!
What Dr. Ed Vieira (an attorney with 4 earned degrees from Harvard, who has successfully argued cases before the US Supreme Court) wrote a few weeks ago should serve as a template for every State governor and legislature that truly cares about liberty. See Ed's column at:
As Vieira says, the states should resurrect their militias. Many--if not all--states have the legal authority for such entities in their constitutions. In some states they are called the State Guard. Some plainly use the word "militia." Whatever they are called, they need to be activated. And all that is necessary for this to be accomplished is the order of the governor. It's that simple!
And as Vieira said, states need to adopt an alternative currency--including, and most especially, gold and silver. In other words, they need to develop their own private economies, complete with their own banks and exchange mediums. They also need to reject the multinational agribusiness and develop their own in-State agricultural and energy businesses.
I would dare say that the first State that determines to follow Vieira's sagacious counsel (and rumblings of this have already begun in states such as Alaska, Oklahoma, Texas, Montana, New Hampshire, Indiana, Tennessee, South Carolina, etc.) would have so many liberty-loving patriots flock there that its economy would explode with prosperity--resulting in a domino effect of many other states following suit--and the revolution that this country so desperately needs would indeed take place. Furthermore, such a revolution would be constitutional, lawful, moral, and, yes, in compliance with the laws of Nature and of Nature's God.
In the meantime, is Barack Obama really worried about civil war? He might be. It is my observation that Washington politicians and bureaucrats are the most paranoid people on the planet. The problem is--as with most power-hungry Machiavellians--their paranoia often translates into more oppression and less liberty for the citizenry. And if this is true, it simply means that the states need to hurry up and do what needs to be done!
"To the fears of Obama, over the United States erupting into civil war once the full extent of the rape and pillaging of these peoples by their banks and government becomes known to them, grim evidence now shows the likelihood of this occurring much sooner than later."
USCivilflags.org The Flag of Peace and Sovereignty
Miracle mineral Supplement- Protect yourself from the swine flu for $20.
Friday, December 11, 2009
Monday, December 7, 2009
Buying Gold is Great! Hommel
Silver Stock Report
by Jason Hommel, November 28th, 2009
One of the ways we know that the gold bull market is just barely getting started is when we find so many myths and errors about gold being reported in the media. When even a "positive" article on gold comes out, there is usually some sort of comment buried later in the article that slams gold as being inherently "bad". Multi-generational anti-gold propaganda that people learned in "Fed-funded" Universities, media and culture needs to be opposed and refuted because it is like a cancer on a civilized and free society.
USCivilflags- Based on the original Treasury flag of a Sovereign Republic.
The latest gold myth comes from James Saft, a Reuters columnist, whose opinions are his own.
His article was titled, "Fed audit push gives impetus to gold rally"
http://www.reuters.com/article/governmentFilingsNews/idUSN2326178720091124
The article starts out positive:
"HUNTSVILLE, Alabama, Nov 24 (Reuters) - Auditing the Federal Reserve may or may not be a good idea, but one thing seems pretty sure: just discussing it seriously will tend to drive the price of gold higher."
For the record, I didn't think the Fed audit had a chance, but I support it. If Government thinks it has the right to probe into every nook and cranny of our finances when it makes us pay taxes, why can't the Fed come clean on its finances? Kind of a double standard wouldn't you say?
Later, the invalid anti-gold diatribe comes:
"It has to be said; the very idea of buying gold, which adds nothing to the creation of wealth or innovation and is only conceivably a hedge against bad actions of other people, is dispiriting. If you buy gold you cannot tell yourself that you are doing well by doing good, as perhaps you can with a biotech or fertilizer company. You are simply limiting the damage that can be done to you, and then only in very particular circumstances. What's more many of the people who advocate it as an asset show a disconcerting monomania; the type who if they sit next to you on a commuter train makes you consider pretending the next stop is yours."
Every statement in that paragraph shows a misunderstanding of gold, and it is those misunderstandings that are "dispiriting", and are the cause of James Saft's angst. He says he would not want to sit next to anyone who advocating gold. That's perfectly understandable. After all, it is generally uncomfortable to sit next to someone who continually explains why most of your beliefs are wrong.
He says that buying gold "adds nothing to the creation of wealth or innovation"? How untrue.
In the last thirty days, gold's rise in price has created $868 billion of new wealth among all holders of gold. Details to back up that statement? Gold has moved from a low of $1025.90 to a high of $1194.80, for a gain of $168.90 per troy oz. It's estimated that there are 160,000 tonnes of gold that have been mined in all of human history and remain on the earth, in many different hands. There are 32,151 troy ounces per tonne. That's 5.2 billion oz. of gold in human hands. The increase of $168.90 per ounce, times 5.2 billion ounces, has thus created a measurable wealth creation of $868 billion dollars, in the last thirty days. All the world's gold has increased in that much purchasing power in the last thirty days. If that's not wealth creation, then what is?
It's also quite innovative as far as wealth creation goes, because that much wealth did not originate in the hands of the Federal Reserve who will only waste it, but rather, all of that new wealth was created among all the various savers of gold, so the wealth was widely dispersed, instantaneously, like the speed of light, coursing through everyone's ounces of gold simultaneously. No distribution system yet invented by man has the capacity to distribute so much wealth, so widely, so fast.
Next, James writes, "If you buy gold you cannot tell yourself that you are doing well by doing good." But there are so many good side effects of a rising gold price, of course you are doing good, in the following ways.
1. Buying gold creates wealth among all gold holders, widely distributing wealth all across the world to many people simultaneously.
2. Buying gold reduces monetary fraud, and fraud is bad.
3. Buying gold reduces oppressive government power, and it does so without any violence.
4. Buying gold makes gold mining more profitable, and thus, increases high paying mining jobs that range from administration, refining, minting, production, mine development, to exploration and much more.
5. Buying gold increases gold mining by-products such as silver, copper, zinc, lead, and many other less well known metals that are needed for modern life.
6. Buying gold increases freedom among men, specifically by reducing the debt load of people who owe devaluing paper money, which increases humanity's overall productivity, and especially inspires and enhances freedom for yourself.
7. Buying gold increases wealth among savers and long term planners, which are the best and most productive class of men among humanity.
8. Buying gold prevents others from stealing your wealth, ("limiting the damage done to you", and a "hedge against the bad actions of other people" which James thinks is bad?) and that is a good thing, as it rewards defenders, and thwarts (but does not harm) would-be thieves.
9. Buying gold preserves capital in your own hands, your own town, your own nation, so that you, and the people to whom you will give it when you spend it, will all be better off after a currency collapse.
10. Buying gold can prevent mass starvation that can result from a complete economic meltdown that may come. The preservation of capital can be used to purchase and preserve farms or food production facilities or distribution networks that may go out of business in an economic collapse. Buying gold is more honorable than hoarding food or buying food staples on leverage with futures contracts, which can cause mass starvation by driving up food prices out of the range of the world's poor people, since paper money is worth perhaps hundreds of thousands of times more than the existing food supply.
11. Buying gold saves lives by preventing and limiting wars which can only be funded by paper money.
12. Buying gold saves lives by increasing the standard of living of poor miners in many poor nations who can barely afford the basics.
13. Buying gold can lengthen your own life, as it benefits your own personal finances which can enhance the quality of food that you can buy and eat, and it can enhance your notion of personal responsibility for your own health as well as your own finances.
I'm sure if you think about it for just a little bit, you can recognize a lot more of the good that buying gold can create. Why not pause now, reflect, and email me some of the things that I might have missed. Email: j@silverstockreport.com
If buying gold is noble, virtuous and good for so many reasons, then buying silver is perhaps 10 to 60 times as excellent, beneficial and uplifting for mankind. Why? Because of the leverage inherent in silver's smaller market. Silver's smaller market means that the price of silver is more easily moved upwards with every purchase.
So if buying gold is good (and buying silver is better), then lying about gold to prevent men from buying it is bad, as that causes the opposite of every good that I listed.
Lying about gold thus causes death by starvation & wars, encourages fraud, rewards theft, encourages slavery, destroys productivity & wealth or capital, causes unemployment, causes misallocations of wealth, encourages oppressive government, creates misery, rewards laziness, and ruins lives.
So let's forgive James Saft, the reuters columnist, whose opinions were his own. I'm sure he didn't mean to encourage all those bad things and destroy all those good things by bad mouthing an inert, innocent substance that can cause so much good. The learning curve for gold is steep, and none of us have perfect knowledge. Some of these things are difficult to learn, especially when so few teach them these days.
For Physical Ownership of Silver there is Monex- The low cost precious metal retailer. Paul Bea 800-949-4653 x2172 Use Kevin from UScivilflags.org as a referral
by Jason Hommel, November 28th, 2009
One of the ways we know that the gold bull market is just barely getting started is when we find so many myths and errors about gold being reported in the media. When even a "positive" article on gold comes out, there is usually some sort of comment buried later in the article that slams gold as being inherently "bad". Multi-generational anti-gold propaganda that people learned in "Fed-funded" Universities, media and culture needs to be opposed and refuted because it is like a cancer on a civilized and free society.
USCivilflags- Based on the original Treasury flag of a Sovereign Republic.
The latest gold myth comes from James Saft, a Reuters columnist, whose opinions are his own.
His article was titled, "Fed audit push gives impetus to gold rally"
http://www.reuters.com/article/governmentFilingsNews/idUSN2326178720091124
The article starts out positive:
"HUNTSVILLE, Alabama, Nov 24 (Reuters) - Auditing the Federal Reserve may or may not be a good idea, but one thing seems pretty sure: just discussing it seriously will tend to drive the price of gold higher."
For the record, I didn't think the Fed audit had a chance, but I support it. If Government thinks it has the right to probe into every nook and cranny of our finances when it makes us pay taxes, why can't the Fed come clean on its finances? Kind of a double standard wouldn't you say?
Later, the invalid anti-gold diatribe comes:
"It has to be said; the very idea of buying gold, which adds nothing to the creation of wealth or innovation and is only conceivably a hedge against bad actions of other people, is dispiriting. If you buy gold you cannot tell yourself that you are doing well by doing good, as perhaps you can with a biotech or fertilizer company. You are simply limiting the damage that can be done to you, and then only in very particular circumstances. What's more many of the people who advocate it as an asset show a disconcerting monomania; the type who if they sit next to you on a commuter train makes you consider pretending the next stop is yours."
Every statement in that paragraph shows a misunderstanding of gold, and it is those misunderstandings that are "dispiriting", and are the cause of James Saft's angst. He says he would not want to sit next to anyone who advocating gold. That's perfectly understandable. After all, it is generally uncomfortable to sit next to someone who continually explains why most of your beliefs are wrong.
He says that buying gold "adds nothing to the creation of wealth or innovation"? How untrue.
In the last thirty days, gold's rise in price has created $868 billion of new wealth among all holders of gold. Details to back up that statement? Gold has moved from a low of $1025.90 to a high of $1194.80, for a gain of $168.90 per troy oz. It's estimated that there are 160,000 tonnes of gold that have been mined in all of human history and remain on the earth, in many different hands. There are 32,151 troy ounces per tonne. That's 5.2 billion oz. of gold in human hands. The increase of $168.90 per ounce, times 5.2 billion ounces, has thus created a measurable wealth creation of $868 billion dollars, in the last thirty days. All the world's gold has increased in that much purchasing power in the last thirty days. If that's not wealth creation, then what is?
It's also quite innovative as far as wealth creation goes, because that much wealth did not originate in the hands of the Federal Reserve who will only waste it, but rather, all of that new wealth was created among all the various savers of gold, so the wealth was widely dispersed, instantaneously, like the speed of light, coursing through everyone's ounces of gold simultaneously. No distribution system yet invented by man has the capacity to distribute so much wealth, so widely, so fast.
Next, James writes, "If you buy gold you cannot tell yourself that you are doing well by doing good." But there are so many good side effects of a rising gold price, of course you are doing good, in the following ways.
1. Buying gold creates wealth among all gold holders, widely distributing wealth all across the world to many people simultaneously.
2. Buying gold reduces monetary fraud, and fraud is bad.
3. Buying gold reduces oppressive government power, and it does so without any violence.
4. Buying gold makes gold mining more profitable, and thus, increases high paying mining jobs that range from administration, refining, minting, production, mine development, to exploration and much more.
5. Buying gold increases gold mining by-products such as silver, copper, zinc, lead, and many other less well known metals that are needed for modern life.
6. Buying gold increases freedom among men, specifically by reducing the debt load of people who owe devaluing paper money, which increases humanity's overall productivity, and especially inspires and enhances freedom for yourself.
7. Buying gold increases wealth among savers and long term planners, which are the best and most productive class of men among humanity.
8. Buying gold prevents others from stealing your wealth, ("limiting the damage done to you", and a "hedge against the bad actions of other people" which James thinks is bad?) and that is a good thing, as it rewards defenders, and thwarts (but does not harm) would-be thieves.
9. Buying gold preserves capital in your own hands, your own town, your own nation, so that you, and the people to whom you will give it when you spend it, will all be better off after a currency collapse.
10. Buying gold can prevent mass starvation that can result from a complete economic meltdown that may come. The preservation of capital can be used to purchase and preserve farms or food production facilities or distribution networks that may go out of business in an economic collapse. Buying gold is more honorable than hoarding food or buying food staples on leverage with futures contracts, which can cause mass starvation by driving up food prices out of the range of the world's poor people, since paper money is worth perhaps hundreds of thousands of times more than the existing food supply.
11. Buying gold saves lives by preventing and limiting wars which can only be funded by paper money.
12. Buying gold saves lives by increasing the standard of living of poor miners in many poor nations who can barely afford the basics.
13. Buying gold can lengthen your own life, as it benefits your own personal finances which can enhance the quality of food that you can buy and eat, and it can enhance your notion of personal responsibility for your own health as well as your own finances.
I'm sure if you think about it for just a little bit, you can recognize a lot more of the good that buying gold can create. Why not pause now, reflect, and email me some of the things that I might have missed. Email: j@silverstockreport.com
If buying gold is noble, virtuous and good for so many reasons, then buying silver is perhaps 10 to 60 times as excellent, beneficial and uplifting for mankind. Why? Because of the leverage inherent in silver's smaller market. Silver's smaller market means that the price of silver is more easily moved upwards with every purchase.
So if buying gold is good (and buying silver is better), then lying about gold to prevent men from buying it is bad, as that causes the opposite of every good that I listed.
Lying about gold thus causes death by starvation & wars, encourages fraud, rewards theft, encourages slavery, destroys productivity & wealth or capital, causes unemployment, causes misallocations of wealth, encourages oppressive government, creates misery, rewards laziness, and ruins lives.
So let's forgive James Saft, the reuters columnist, whose opinions were his own. I'm sure he didn't mean to encourage all those bad things and destroy all those good things by bad mouthing an inert, innocent substance that can cause so much good. The learning curve for gold is steep, and none of us have perfect knowledge. Some of these things are difficult to learn, especially when so few teach them these days.
For Physical Ownership of Silver there is Monex- The low cost precious metal retailer. Paul Bea 800-949-4653 x2172 Use Kevin from UScivilflags.org as a referral
Ron Paul: Time to Rout out the Enemies of the Republic
This guy is like 74, he is the energizer bunny. There is a reason.
The Founders' inspired vision of limited government has been kept alive by the hard work and generosity of Americans who truly cherish individual Liberty average people like you and me.
In the toughest times times like we are facing right now in the life of our nation freedom fighters have always stepped forward for America—armed with whatever it takes and at whatever sacrifice—to answer the call to defend our liberty. That's how America was born and how we, as a free and sovereign nation, have survived.
I have not known a time when the threats to our Liberty and the Founders' vision have been greater than they are today. For Liberty to survive, it is imperative that we confront these new threats, in all of their ugly forms, both foreign and domestic.
We continue to see a major economic crisis unfolding in our nation. New government programs are started daily, and future plans are being made for even more costly government expansion. All are based on the belief that we're in this mess because free-market capitalism and sound money failed. The obsession is with more spending, bailout of bad investments, more debt, and further dollar debasement. Many are saying we need an international answer to our problems with the establishment of a world central bank and a single fiat reserve currency.
These suggestions are merely more of the same policies that created our mess and are doomed to fail.
At least 90% of the cause for the financial crisis can be laid at the doorstep of the Federal Reserve. Their manipulation of credit, the money supply, and interest rates caused the various bubbles to form.
Congress added fuel to the fire by various programs and institutions like the Community Reinvestment Act, Fannie Mae and Freddie Mac, FDIC, and HUD mandates, which were all backed up by aggressive court rulings.
The Fed and US Treasury have perniciously doled out trillions in subsidized loans to troubled banks and other financial institutions, and that number is growing through a revolving TARP slush fund which the Feds are using to bail out their huge corporate buddies. The Federal Reserve and Treasury constantly brag about the need for "transparency" and "oversight," but it's all just talk — they want none of it. They want secrecy while the privileged are rescued at the expense of the middle class.
It is unimaginable that Congress could be so derelict in its duty. It does nothing but condone the arrogance of the Fed in its refusal to tell us where the trillions in bailout money have gone. All Members of Congress should be outraged that conditions could deteriorate to this degree. It's no wonder that a large and growing number of Americans are now demanding an end to the Fed.
The Federal Reserve created our problem, yet it manages to gain even more power in the socialization of the entire financial system. The whole bailout process this past couple of years has been characterized by no oversight, no limits, no concerns, no understanding, and no common sense.
Similar mistakes were made in the 1930s which ushered in the age of the New Deal, the Fair Deal, the Great Society and the supply-siders who convinced conservatives that deficits didn't really matter after all, since they were anxious to finance a very expensive deficit-financed American empire.
All the programs since the Depression were meant to prevent recessions and depressions. Yet all that was done was to plant the seeds of the greatest financial bubble in all history. Because of this lack of understanding, the stage is now set for massive nationalization of the financial system, and even the means of production.
The Feds not only own and control car companies and financial institutions, their lust for power and control now extends to their malevolent scheme to nationalize our healthcare system and thereby take over one sixth of our entire economy. This will be a disaster if it happens!
I could go on but I know that you understand the crisis that we face and agree with me on what must be done to turn our nation around.
I hear from Americans like you who are up in arms about what is going on in our nation. Messages come into my congressional office morning, noon and night. Taxpayers are outraged by the huge bailouts, the massive expansion of government and the refusal by Congress and the leaders of both parties to follow the Constitution.
Many Americans are frustrated—many are outright angry—about failed government policies that just tighten the government's noose around our necks. Many millions of fed up taxpayers have taken to the streets and town hall meetings in recent months to make sure their voices were heard by the uncaring Washington elites.
Since the financial crisis has become more and more apparent, and the attempts by the Fed and Treasury and Congress to solve the problem have become more desperate, my phone has been ringing off the wall with calls from media outlets wanting interviews and to get my opinions about what is going on and how we need to deal with it.
Several books that I have authored with the help of FREE have become instant best sellers as patriotic Americans search desperately for the intellectual and political ammunition they need to fight for the future of our country and to take back our freedom from the fascists who despise our Constitution and those of us who defend it.
During the presidential election, do you remember how the media scoffed at my suggestions that we were facing economic disaster? They laughed at my calls for limited government, for abolishing the Fed and the IRS, for cutting federal spending at home and abroad to balance our budget, and my call for a sound monetary system. Today, we are well into this economic crisis and they are not laughing any more.
The time is ripe for us to be at the forefront of offering workable solutions of calling for a return to limited, constitutional government, the need for honest money and low taxes, and the absolute need to expose and abolish the Federal Reserve which has done so much to undermine our currency and destroy one of the most productive economic systems in the history of the world.
My bill to audit the Fed has made tremendous progress. Together we have led the fight to get congressional hearings, 308 cosponsors, and unprecedented attention around the country for this legislation. Yet the banksters and a few of their weasel allies in Congress continue to do everything they can to water down or outright kill our movement to audit this monstrous institution.
I'm outraged at every such attempt to stop our bill in order to enable the secrecy and disruptive power of the Fed to continue. Some days I am so angered by the banksters' underhanded shenanigans that I'm reminded of the famous battle cry of central bank foe Andrew Jackson as he moved to abolish the central bank: "By eternal God I will rout you out!" Jackson shouted as he demonstrated the courage to go against Congress and the Fed.
Ron Paul helped out with the New Hampshire Sound Money Bill.
The Founders' inspired vision of limited government has been kept alive by the hard work and generosity of Americans who truly cherish individual Liberty average people like you and me.
In the toughest times times like we are facing right now in the life of our nation freedom fighters have always stepped forward for America—armed with whatever it takes and at whatever sacrifice—to answer the call to defend our liberty. That's how America was born and how we, as a free and sovereign nation, have survived.
I have not known a time when the threats to our Liberty and the Founders' vision have been greater than they are today. For Liberty to survive, it is imperative that we confront these new threats, in all of their ugly forms, both foreign and domestic.
We continue to see a major economic crisis unfolding in our nation. New government programs are started daily, and future plans are being made for even more costly government expansion. All are based on the belief that we're in this mess because free-market capitalism and sound money failed. The obsession is with more spending, bailout of bad investments, more debt, and further dollar debasement. Many are saying we need an international answer to our problems with the establishment of a world central bank and a single fiat reserve currency.
These suggestions are merely more of the same policies that created our mess and are doomed to fail.
At least 90% of the cause for the financial crisis can be laid at the doorstep of the Federal Reserve. Their manipulation of credit, the money supply, and interest rates caused the various bubbles to form.
Congress added fuel to the fire by various programs and institutions like the Community Reinvestment Act, Fannie Mae and Freddie Mac, FDIC, and HUD mandates, which were all backed up by aggressive court rulings.
The Fed and US Treasury have perniciously doled out trillions in subsidized loans to troubled banks and other financial institutions, and that number is growing through a revolving TARP slush fund which the Feds are using to bail out their huge corporate buddies. The Federal Reserve and Treasury constantly brag about the need for "transparency" and "oversight," but it's all just talk — they want none of it. They want secrecy while the privileged are rescued at the expense of the middle class.
It is unimaginable that Congress could be so derelict in its duty. It does nothing but condone the arrogance of the Fed in its refusal to tell us where the trillions in bailout money have gone. All Members of Congress should be outraged that conditions could deteriorate to this degree. It's no wonder that a large and growing number of Americans are now demanding an end to the Fed.
The Federal Reserve created our problem, yet it manages to gain even more power in the socialization of the entire financial system. The whole bailout process this past couple of years has been characterized by no oversight, no limits, no concerns, no understanding, and no common sense.
Similar mistakes were made in the 1930s which ushered in the age of the New Deal, the Fair Deal, the Great Society and the supply-siders who convinced conservatives that deficits didn't really matter after all, since they were anxious to finance a very expensive deficit-financed American empire.
All the programs since the Depression were meant to prevent recessions and depressions. Yet all that was done was to plant the seeds of the greatest financial bubble in all history. Because of this lack of understanding, the stage is now set for massive nationalization of the financial system, and even the means of production.
The Feds not only own and control car companies and financial institutions, their lust for power and control now extends to their malevolent scheme to nationalize our healthcare system and thereby take over one sixth of our entire economy. This will be a disaster if it happens!
I could go on but I know that you understand the crisis that we face and agree with me on what must be done to turn our nation around.
I hear from Americans like you who are up in arms about what is going on in our nation. Messages come into my congressional office morning, noon and night. Taxpayers are outraged by the huge bailouts, the massive expansion of government and the refusal by Congress and the leaders of both parties to follow the Constitution.
Many Americans are frustrated—many are outright angry—about failed government policies that just tighten the government's noose around our necks. Many millions of fed up taxpayers have taken to the streets and town hall meetings in recent months to make sure their voices were heard by the uncaring Washington elites.
Since the financial crisis has become more and more apparent, and the attempts by the Fed and Treasury and Congress to solve the problem have become more desperate, my phone has been ringing off the wall with calls from media outlets wanting interviews and to get my opinions about what is going on and how we need to deal with it.
Several books that I have authored with the help of FREE have become instant best sellers as patriotic Americans search desperately for the intellectual and political ammunition they need to fight for the future of our country and to take back our freedom from the fascists who despise our Constitution and those of us who defend it.
During the presidential election, do you remember how the media scoffed at my suggestions that we were facing economic disaster? They laughed at my calls for limited government, for abolishing the Fed and the IRS, for cutting federal spending at home and abroad to balance our budget, and my call for a sound monetary system. Today, we are well into this economic crisis and they are not laughing any more.
The time is ripe for us to be at the forefront of offering workable solutions of calling for a return to limited, constitutional government, the need for honest money and low taxes, and the absolute need to expose and abolish the Federal Reserve which has done so much to undermine our currency and destroy one of the most productive economic systems in the history of the world.
My bill to audit the Fed has made tremendous progress. Together we have led the fight to get congressional hearings, 308 cosponsors, and unprecedented attention around the country for this legislation. Yet the banksters and a few of their weasel allies in Congress continue to do everything they can to water down or outright kill our movement to audit this monstrous institution.
I'm outraged at every such attempt to stop our bill in order to enable the secrecy and disruptive power of the Fed to continue. Some days I am so angered by the banksters' underhanded shenanigans that I'm reminded of the famous battle cry of central bank foe Andrew Jackson as he moved to abolish the central bank: "By eternal God I will rout you out!" Jackson shouted as he demonstrated the courage to go against Congress and the Fed.
Ron Paul helped out with the New Hampshire Sound Money Bill.
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