THE GOLD STANDARD MANIFESTO

Posted on Sunday, May 21 at 17:10 by Milton
Check-Kiting by Another Name But unknown to the public, at the end of the day the shills (the Federal Reserve banks) are obliged to hand over their gains to the casino owner (the United States Treasury). There is nothing open about what is euphemistically called “open market operations” of the Federal Reserve. It is in fact a covert conspiratorial operation. It has come about through unlawful delegation of power without imposing countervailing responsibilities. It was never authorized by the Federal Reserve Act of 1913. It defies the principle of checks and balances. It is immoral. It is the most lucrative business second only to highway robbery. It is a formula to corrupt and ultimately to destroy the republic. Even though later amendments to the Federal Reserve Act retroactively authorized it, the constitutionality of open market operation has never been put to the test. It is clear that such an examination would not be in the interest of the conspirators, and they would use every means at their disposal to prevent it. The folksy name for open market operations is check-kiting, whereby two conspiring parties issue obligations that neither one has the intention or the means to honor but, when they come up for clearing, the phantom obligation of one party is covered with that of the other. The rest of this article may be read at http://www.augustreview.com/index.php?module=pagesetter&func=viewpub&tid=1&pid=22 [Proofreader's note: this article was edited for spelling and typos on May 22, 2006]

Note: http://www.augustreview...

Contributed By



Article Rating

 (0 votes) 

Options




Comments

  1. Mon May 22, 2006 3:16 am
    All I get is "Server not found"

    How is anybody else doing? as I would like toi read this.

    Ed Deak.

  2. by RPW
    Mon May 22, 2006 3:23 am
    <a href="http://www.augustreview.com/index.php?module=pagesetter&func=viewpub&tid=1&pid=22">http://www.augustreview.com/index.php?module=pagesetter&func=viewpub&tid=1&pid=22</a><br />
    Works for me..........<p>---<br>RickW

  3. Mon May 22, 2006 6:52 pm
    Works for me as well. Server might have been down when you last checked?

    ---
    "I think it's important to always carry enough technology to restart civilization, should it be necessary." Mark Tilden

  4. Mon May 22, 2006 7:47 pm
    Organised Crime pales by comparison to what the banks pull off daily. And the Canadian government is in collusion in this scheme. Even barter is taxed as it were money and the electorate go right along so as to be complaisant in the biggest confidence game in the world and of all time.


    &#8220;Disenfranchised scum of the earth, rise! Put an end to the usurpation of power by the clique of impostors pretending to be monetary experts! Chase the money-mongers out of the temple! Cast your jail-keepers into the sixth circle of the seven in Hell, to which Dante confined all counterfeiters of money, perpetrators of false pretenses, and other tormentors of widows and orphans! Scientific truth is on your side! It is you, not your slave-drivers, who command the high moral ground! You can win a world free of yokes! The only thing you may lose is your shackles!

    People of the world, unite!&#8221;

    And I ask &#8230; &#8220;Will YOU heed the call?&#8221;



    ---
    The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.... : Albert Einstein

  5. by wasjod
    Mon May 22, 2006 10:04 pm
    The sooner the US dollar plummets and the economy goes in the tanks the better off we will be. All my investments is in gold, silver and land. When my parents had me in 1972, my dad stopped working and my mom worked at her hair dressing shop, they could afford to live decently on one average income. If my parents had me now, they would both have to work, not so much because of increased competition for resources and goods but because of the increased tax burden and true inflation. Currency needs to be backed by valuable metals. Some where along the line people decided to become lazy and ignorant and expect the government to do everything and take care of them. Everytime someone says, "There out to be a law," or "We should do this," my taxes go up. If you are not willing to hold a gun to someones head and demand they give you their money then do not make the government do it for you. Just because you do not see the force/guns do not think it is not present. There are people in jail in Alberta right now because they have not cut their grass or cleared their walk of snow during the winter. If you impose a fine what happens if they don't pay? Jail! Thank you so much for increasing my tax burden yet again. These programs would not be able to exist if currency was backed by valuable metals, not enough money would exist in circulation. The tax burden has gone up because we have become fat and lazy, expecting a government program for every little difficulty that presents itself. There was supposedly some sources out there claiming a 2000% tax burden increase since the early seventies but I have yet to find it. Fiat currency promotes this dependence, this idiocy. Like I have said in other posts, income tax (if it is to be collected at all), should go to municipalities and municipalities decide if they need anything from the province or the feds, if they don't then they give the province and feds fu** all. Kill big government, kill big government programs and bring back the gold standard. When I travel to the US I use the liberty dollar<br />
    <br />
    <a href="http://www.libertydollar.org/">http://www.libertydollar.org/</a><br />
    <br />
    and in Calgary I use Calgary dollars as much as possible. <br />
    <br />
    <a href="http://www.calgarydollars.ca/">http://www.calgarydollars.ca/</a><br />
    <br />
    I own livestock that I use to barter with and I do not register those transactions or my livestock whenever possible, what I own is nobodies buisiness but my own. If anyone is interested in the fiat currency I recommend trying to get to a screening of Aaron Russo's film, From Freedom to Facism.<br />
    <br />
    <a href="http://www.freedomtofascism.com/">http://www.freedomtofascism.com/</a><br />
    <br />
    Anyone interested in radio that promotes freedom and liberty, I recommend Free Talk Live<br />
    <br />
    <a href="http://freetalklive.com/">http://freetalklive.com/</a><p>---<br>My freedom is more important than your great idea.<br />
    – Anonymous

  6. Tue May 23, 2006 1:53 am
    Thanks for the article sent to me by several of you , I got it myself later.

    I set down the definition of fiat money many years ago as:

    "With bank deregulation money ceased to exist and became a licence for energy control, issued by a special interest sector for its own benefit."

    I'm glad to see that more and more people are beginning to wake up to this fraud of colonizing with the perceived power of imaginary money.

    Ed Deak.

  7. Tue May 23, 2006 2:06 pm
    <p>This is progressive?...it's crank hard-money libertarianism. <p>Inspite of a minor in Economics, I can't make heads or tails of it. <p>But I think this trend: <b>Fed kills a key inflation gauge</b><br> <p>http://moneycentral.msn.com/content/P146592.asp <br> <p>is a harbringer of something far more insidious, than whether or not "it is a formula to corrupt and ultimately to destroy the republic."!!! (scary...) <p>But I don't think the writer is too interested in macro type thinking--he seems more worried that no scientific research is taking place rather than demanding that the US federal gov't do something about it enormous debt load--which has NOTHING to do with the 'formula', the speculation in Bonds markets or gold.</p>

  8. Tue May 23, 2006 4:06 pm
    This is similar to the message Aaron Russo's film "America: From Freedom to Fascism" is trying to popularize in the US. The problem is that he is having trouble getting a distribution deal. (No surprise there) It is being screened by private groups and organizations so far. Has anyone seen this film? I love to see it.

    Mike
    Winnipeg

  9. Sat May 27, 2006 9:14 am
    <p>Professor Fekete has <a href="http://shoemakerconsulting.com/GoldisFreedom/default.htm">a series of “seminars”</a> that help to clarify his monetary point of view.</p> <p>I’d guess that he already knows that the US government is going to do <i>nothing</i> about the debt load — that nations like Japan, Germany, and China already hold so many greenbacks that the US government is betting that they won’t “pull the plug” for fear of nullifying the perceived value of their USD holdings.</p><p>---<br>Shatter your ideals upon the rock of Truth.<br />
    <br />
    — The Divine Symphony, by Inayat Khan<br />

  10. Sat May 27, 2006 8:09 pm
    thanks for the site

    ---
    The world is a dangerous place, not because of those who do evil, but because of those who look on and do nothing.... : Albert Einstein

  11. Sun Sep 24, 2006 7:46 pm
    Mike in Winnepeg,

    If you go to Google Video you will find what you are looking for. Check out these other great documentaries while you're there:

    "The Money Masters" -- A history of the Federal Reserve.

    "Orwell Rolls In His Grave" -- An excellent critique of the main-stream-media.

    "The Corporation" -- Probably the best documentary ever produced about corporate greed.

    I found it hard to stay calm watching this stuff. The truth hurts, but it is better to be informed about what is really going on in this miserable world.

    A fellow slave.

  12. by Patm
    Sun Sep 24, 2006 10:22 pm
    Commodity money is no solution at all. Don't forget, commodity money was around during the first 8 bank imposed "depressions" hit America. The Great depression itself was caused by banks under a convertible gold backed dollar.

    If you want a good reliable money supply, you have to either keep banks under an iron thumb and limit their credit creation abilities or you have to outlaw fractional reserve banking altogether in favour of a 100% money style system where government, not private interests, controls the money supply. Along with that, there must be MANDATORY monetary theory classes in high-school explaining how fractional reserve banking works to ensure that nobody is ever suckered back into letting banks control the money supply.

    Even without fractional reserve banking, commodity money is an exceptionally bad idea.

    First, if you have a war and are forced to spend gold overseas, you shrink your money supply and cause a recession or depression. Same thing goes if you fall behind in manufacturing and end up being an importer nation. Sending all your gold overseas will deplete your gold reserves (or whatever the commodity is backing the currency).

    If you gain a manufacturing advantage and end up a net-exporter of goods, you cause inflation as more and more gold is brought into the country.

    As simple look through the monetary history of the USA shows that during times when bankers were NOT in charge of the money supply economies were stable and wealth gaps narrowed - the entire country prospered, not just the rich. During the times when bankers were in control economies were unstable, economic strife (poverty, homelessness) was rife throughout the country.

    The point is, its not so much about WHAT the money is, its all about who controls it.



view comments in forum


You need to be a member and be logged into the site, to comment on stories.




Your Voice

To post to the site, just sign up for a free membership/user account and then hit submit. Posts in English or French are welcome. You can email any other suggestions or comments on site content to the site editor. (Please note that Vive le Canada does not necessarily endorse the opinions or comments posted on the site.)

canadian bloggers | canadian news