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AN ECONOMIC OBSERVATION

 

By Michael LeMieux
August 12, 2011
NewsWithViews.com

You’re driving down the street and as you approach a busy intersection you see the remnants of a motor vehicle accident. There are car parts strewn about and glass everywhere as maintenance workers sweep the glass and debris from the street. A local news reporter is packing up their equipment into a van as you make a mental note to watch the news tonight to see if you can find out what happened; you hope no one got hurt.

That night you tune in to the local news station to find if there is any mention of the accident and if anyone was hurt. The newscaster announces that a collision at that intersection took the lives of three children and severely injures the parents.

The newscaster goes on to explain how an SUV driven by the mother of the children was returning from a birthday party of a friend and upon reaching the intersection and finding a green light proceeded where their vehicle was struck by a runaway semi-truck carrying 2,000 lbs. of steel. The tractor trailer’s brake system failed when the main hydraulic brake line ruptured just a block from the intersection making it impossible for the truck to stop.

After an accident occurs it is a lot easier to ascertain what happened by tracing the movements of those involved and thereby painting a picture of what led up to the accident.

We call events like this “an accident” because we cannot know the outcome before the event occurs as the variables are always changing. Something as innocuous as stopping to tie ones shoes or leaving home early or late or even on time may mean the difference between life and death as those decisions either place us at the intersection or out of the intersection when the truck arrives.

In contrast, the economic events that have plagued this country of late place us fully within the intersection with all our children and grandchildren’s futures at risk – and it is no accident. I say it was not accident because we were warned centuries ago that this is exactly what would happen. We have been continually warned of the impending crash over and over again and no one listened. And we know it was no accident because it took a willful congress to abdicate its responsibilities, pass unconstitutional laws, and economically enslave generations of Americans to do it and a willful action, even if done ignorantly, still retains culpability when done outside of their constitutional power.

Since the very beginning of our nation we have been fighting over how to fund the operations of the central government. Various schemes were tried and upon the adoption of the Articles of Confederation we had decided that the federal government would be funded by the states thereby affording a great deal of control over the central government. This was found untenable as some states would not pay or did not pay full amounts and there was no recourse for the central government to force payment.

After a few years the constitutional convention was held to create a more perfect union; and from this time forth we have argued and fought about the use of central banks. We tried a number of times in the early years to create a central bank and each time the laws were allowed to lapse and the banks were closed, or the banks just failed.

To some the central banks allowed too much control by the money masters; to others the lack of central banking made the economy too vulnerable as banks came and failed causing great hardships.

Thomas Jefferson was against central banking stating: “I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power should be taken away from the banks and restored to the people to whom it properly belongs.”

Jefferson was not alone in that sentiment and many others also found his position correct – James Madison stated that: “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.”


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Author G. Edward Griffin, in his book “The Creature From Jekyll Island,” illustrates the clandestine plans of the money powers of Europe and America as they sought and accomplished the takeover of our nation’s banking that resulted in the Federal Reserve.

In the case of Lewis V. United States out of the 9th Circuit in 1982 the courts stated: “The regional Federal Reserve banks are not government agencies… but are independent, privately owned and locally controlled corporations.” In fact the entire Federal Reserve System is a cabal of privately held banks. The board of Directors of the Federal Reserve comes from the member regional banks and when a new Fed Chairman (Ben Bernanke currently) is chosen, the Federal Reserve Board provides the President a list of names from which he chooses the next Fed Chairman. Sounds like something the mob would set up.

The founders did not want worthless paper to be used as the basis of our currency as they knew of the dangers and follies which follow the use of it. When the Federal Reserve Act was created in 1913 the Senate held hearings; one prominent attorney that spoke at that hearing was Mr. Crozier from Cincinnati who stated: “These 12 corporations [Federal Reserve Regional Banks] together cover the whole country and monopolize and use for private gain every dollar of the public currency.” Even the Federal Reserve itself tells us of the worth of its money when they stated in their own book in 1975, “Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, in which they admit: “Neither paper currency nor deposits have value as commodities, intrinsically, a ‘dollar’ bill is just a piece of paper. Deposits are merely book entries.”

Prior to the Federal Reserve US money was backed by Gold and Silver or was in fact Gold and Silver and had value in and of itself -- no longer.

In 1913 the Congress gave away it responsibilities to coin money and regulate the value thereof. They gave that responsibility to a private banking cabal and since its inception we have been warned that it will fail. Prior to 1913 the value of the American dollar was the full faith and credit of the United States and backed by Gold and Silver. Today the value of the American dollar is the full faith and credit of the United States backed by admittedly worthless paper notes.

Just as with our fictional auto accident we can trace back the series of events and determine the culprits. The sad part is the thousands of culprits that have continued robbing the American people blind and the hundreds that are still there doing absolutely nothing while America’s economy is falling to ruin around us; foretold for hundreds of years and restrictions placed in the Constitution to prevent this very thing from happening.

But I guess that would require those in Washington to care about the Constitution and the oath they took to support and defend it.

We were told that if we did not raise the debt ceiling that America would default on its debt; but again we were lied to. In a CNBC article, posted Sunday 7 August, Alan Greenspan told Meet the Press exactly the opposite when he stated: "The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default." So again the government lies and manipulates the situation to maneuver the people to do exactly what they want us to do.

I am not bringing this up as some kind of “conspiracy theory” it is just the nature of power hungry men seeking more power and money. But do not be deceived; for conniving men have indeed put their designs for power and greed ahead of the country and the American people which brought an end to the monetary system that made America great, America’s gold standard.

Why would people want to do this? Let’s hear again from Alan Greenspan from 1967: "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard."

Today, as we look back over the wreck of our monetary system, it becomes quite obvious that the debris scattered upon “Wall Street” was not an accident in the true sense. This crash, this wreck of an economy, was doomed to fail from the very beginning; but only after the transfer of the nation’s wealth to the private Federal Reserve bankers.

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Daniel Webster (1782 – 1852 Statesman and Senator) warned the people of his day, during the mounting pressure and debates for central banks and prior to the Federal Reserve, of the dangers that awaited the American people if we continue down this road; this message would be just as relevant today as it was then, when he said: “We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people… Of all contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.”

The sad thing is, tonight the majority of American’s will block out all that is going on, open another beer and tune in to the latest sports or reality TV show to be entertained into another generation of duped slaves. America’s wake up call, I fear, has gotten a busy signal.

2011 Michael LeMieux - All Rights Reserved

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Michael LeMieux was born in Midwest City, Oklahoma in 1956 and graduated from Weber State University in Utah with a degree in Computer Science. He served in both the US Navy and US Army (Active duty and National Guard) and trained in multiple intelligence disciplines and was a qualified paratrooper. He served with the 19th Special Forces Group, while in the National Guard, as a Special Forces tactical intelligence team member. He served tours to Kuwait and Afghanistan where he received the Purple Heart for injuries received in combat.

Mr. LeMieux left military duty at the end of 2005 after being medically discharged with over 19 years of combined military experience. He currently works as an intelligence contractor to the US government.

Michael is a strict constitutionalist who believes in interpreting the constitution by the original intent of the founding fathers. His research has led him to the conclusion that the republic founded by the Constitution is no longer honored by our government. That those who rule America today are doing so with the interest of the federal government in mind and not the Citizens. Michael believes that all three branches of government have strayed far from the checks and balances built into the Constitution and they have failed the American people. A clear example is the Second Amendment, which the Supreme Court and the founders have all said was an individual right and could not be "infringed" upon, now has more than 20,000 state and federal laws regulating every aspect of the individuals right, a definite infringement. He has traveled around the world living in 14 States of the Union including Hawaii, and visited (for various lengths of time) in Spain, Afghanistan, Kuwait, Korea, Scotland, Pakistan, Mauritius, Somalia, Diego Garcia, Australia, Philippines, England, Italy, Germany, and Puerto Rico.

Michael now lives in Nebraska with his wife, two of his three children, Mother-in-Law and grandchild. His hobbies include shooting, wood-working, writing, amateur inventor and scuba diving when he can find the time.

Contact Michael through his Website: www.constitutiondenied.com


 

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Since the very beginning of our nation we have been fighting over how to fund the operations of the central government. Various schemes were tried and upon the adoption of the Articles of Confederation...