No "Constitution" or even legislated law is worth more that the people's determination to force society, and the "government" to actually abide by it's provisions.
We have millions of laws now, including fiat "legislation" from hundreds of federal agencies, state, county, and city governments as well, more than anybody can actually know about, abide by, or enforce. This reduces the operations of "law" to mere actions of caprice at the hands of virtually autonomous politicians and bureaucrats, with the citizen impoverished and impaired in every aspect of his abilities, left to fear that caprice.
The Fed is one idea our founders warned us against. If we put the power of money in the hands of the bankers, we would end up stripped of all our property and reduced to menial peasants sitting at the castle gates of the Banks, trying to win some faint smile or privilege from the Lord Bankers.
Franklin argues that we need monetary policy that can keep a level playing field for the general populace, and that we need fiat currency to grease the wheels of business and make our people productive.
While some of our more progressive thinkers also see monetary policy as a key to prospering economics, the question arises as to just who should issue that paper. . . . 'fiat' currency.
Our founders laid that responsibility, originally, upon Congress. That's why we generally understand, or think, it is our own "government" today who prints our paper currency. If that were true, our "inflation" in commodities, services, and real property values would only reflect a distribution of wealth from our "have" people to our "have not" people in some proportionate, that is to say "graduated" way. A sort of graduated property tax, if you please.
But that's not what we do. We let the Fed print and issue the money, and back it with federal reserve "notes" bearing interest. They in turn "lend" it to the banks at astonishingly low interest rates you or I would never be offered.
I say this system is doing exactly what our founders feared, that we should not tolerate it, and we should repeal the amendment and other legislation that "legalizes" this sort of theft from our public, which does everything Franklin deplores in making a few people very rich.
Lyndon LaRouche advocates a very active and powerful role for government as the bully whip for infrastructure, technology, and every other conceivable advance of mankind. . . . by issuing government "credit" to pay for all these "good" things.
I fear that would be like the takeover of our government that followed the Civil War, as we paid for railroads, then paid to ride on them and ship goods on them, and gave incredible incentives to the builders. It would be better if, when issuing "credit" in the public name, that citizens were issued stock certificates vesting ownership in the enterprises so financed. People could invest their own money too, but the money our government just "gives" to business should result in private, individual ownership vested in the citizens who must pay for those investments through future taxes.
At any rate, what we have done is to saddle future generations with massive debts practically beyond all hope of their ability to repay, and we have impoverished our general population while we have transferred massive wealth into the hands of a very small circle of "special people" who have virtually hijacked our government.
We have millions of laws now, including fiat "legislation" from hundreds of federal agencies, state, county, and city governments as well, more than anybody can actually know about, abide by, or enforce. This reduces the operations of "law" to mere actions of caprice at the hands of virtually autonomous politicians and bureaucrats, with the citizen impoverished and impaired in every aspect of his abilities, left to fear that caprice.
The Fed is one idea our founders warned us against. If we put the power of money in the hands of the bankers, we would end up stripped of all our property and reduced to menial peasants sitting at the castle gates of the Banks, trying to win some faint smile or privilege from the Lord Bankers.
Franklin argues that we need monetary policy that can keep a level playing field for the general populace, and that we need fiat currency to grease the wheels of business and make our people productive.
While some of our more progressive thinkers also see monetary policy as a key to prospering economics, the question arises as to just who should issue that paper. . . . 'fiat' currency.
Our founders laid that responsibility, originally, upon Congress. That's why we generally understand, or think, it is our own "government" today who prints our paper currency. If that were true, our "inflation" in commodities, services, and real property values would only reflect a distribution of wealth from our "have" people to our "have not" people in some proportionate, that is to say "graduated" way. A sort of graduated property tax, if you please.
But that's not what we do. We let the Fed print and issue the money, and back it with federal reserve "notes" bearing interest. They in turn "lend" it to the banks at astonishingly low interest rates you or I would never be offered.
I say this system is doing exactly what our founders feared, that we should not tolerate it, and we should repeal the amendment and other legislation that "legalizes" this sort of theft from our public, which does everything Franklin deplores in making a few people very rich.
Lyndon LaRouche advocates a very active and powerful role for government as the bully whip for infrastructure, technology, and every other conceivable advance of mankind. . . . by issuing government "credit" to pay for all these "good" things.
I fear that would be like the takeover of our government that followed the Civil War, as we paid for railroads, then paid to ride on them and ship goods on them, and gave incredible incentives to the builders. It would be better if, when issuing "credit" in the public name, that citizens were issued stock certificates vesting ownership in the enterprises so financed. People could invest their own money too, but the money our government just "gives" to business should result in private, individual ownership vested in the citizens who must pay for those investments through future taxes.
At any rate, what we have done is to saddle future generations with massive debts practically beyond all hope of their ability to repay, and we have impoverished our general population while we have transferred massive wealth into the hands of a very small circle of "special people" who have virtually hijacked our government.
