Central Banking: Massive Theft

Submitted by Bill St. Clair on Fri, 06 Jan 2006 13:00:00 GMT
From kaba:
"The provision in the Constitution granting the right to all persons to bear arms is a limitation upon the power of the Legislature to enact any law to the contrary. The exercise of a right guaranteed by the Constitution cannot be made subject to the will of the sheriff." [People vs. Zerillo, 219 Mich. 635, 189 N.W. 927, at 928 (1922)]

# Tom Engelhardt at LewRockwell.com - Deified Caesar - on the morphing of the American president into a virtual emperor. [lew]

For these cultists of an all-powerful presidency, the holy war, the "crusade" to be embarked upon was, above all, aimed at creating a President accountable to no one, overseen by no one, and restricted by no other force or power in his will to act as he saw fit. And so, in this White House, all roads have led back to one issue: How to press ever harder at the weakening boundaries of presidential power. This is why, when critics concentrate on any specific issue or set of administration acts, no matter how egregious or significant, they invariably miss the point. The issue, it turns out, is never primarily -- to take just two areas of potentially illegal administration activity -- torture or warrantless surveillance. Though each of them had value and importance to top administration officials, they were nonetheless primarily the means to an end.

This is why the announcement of (and definition of) the "global war on terror" almost immediately after the 9/11 attacks was so important. It was to be a "war" without end. No one ever attempted to define what "victory" might actually consist of, though we were assured that the war itself would, like the Cold War, last generations. Even the recent sudden presidential announcement that we will now settle only for "complete victory" in Iraq is, in this context, a distinctly limited goal because Iraq has already been defined as but a single "theater" (though a "central" one) in a larger war on terror. A war without end, of course, left the President as a commander-in-chief-without-end and it was in such a guise that the acolytes of that "obscure philosophy" of total presidential power planned to claim their "inherent" constitutional right to do essentially anything. (Imagine what might have happened if their invasion of Iraq had been a success!)

# Mark Davis at Strike the Root - License to Steal - a good history of the crime of fractional reserve banking. Mr. Davis recommends collecting prescious metal for when the pyramid scheme inevitably collapses. [root]

Fractional reserve banking is an amazingly successful con-game. It is immoral and provides the foundation of state power. This method of "getting something for nothing" is not only considered to be morally acceptable by good, intelligent people in modern society, but it is hailed as the reason that modern economies exist at all. To challenge this method of legalized theft is blasphemy because it appears to work so well on the surface. Most people simply prefer not to look a gift horse in the mouth. What is seen looks fabulous and what is not seen is easily ignored.

A con-game is a ruse based on gaining the confidence of the marks. The subterfuge must be believable to work. The cover of legality is the ultimate disguise for con-men. Thus we have the wedding of bankers and politicians in the most un-holy of matrimonies. The smoke and mirrors used to build confidence in the system of fractional reserve banking would be useless without the sanction of state legality. These financial institutions became inherently unsound the minute they went from being warehouses for savings to pyramid scheming credit creators.

# News Release Wire - Now is the time for Congress and America to sock it to New York's Bloomberg, says gun law expert - John Michael Snyder encourages us to support H.R. 4547, "To amend title 18, United States Code, to provide a national standard in accordance with which nonresidents of a State may carry concealed firearms in the State." Nice, short, easy to understand bill. [kaba]

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