Considerations
Imagine a country that had no need to borrow from its adversary,
waste the people’s treasure, or use the currency to manipulate the
population; where no individual or groups of individuals were
more equal than another; a country that follows its own rules,
works for the people, puts value on sovereignty, and plans for
national prosperity.
The following are a few pieces of my work. I hope you enjoy.
ME.
What is money? We spend a very large part of our lives chasing the very thing we know so little of. When we are asked what we do, the answer usually is our occupation, not recreation. We place ourselves at the mercy of a system far removed from our daily lives.
Money is defined as: “something (as metal currency) accepted as a medium of exchange.” Money is freedom, a means to an end, it represents time saved for the participation in the preservation and safeguarding of both. Metal is used as a basis for currency ensures durability, divisibility, and transportability when storing your excess labor in the form of wealth. The value of industry and its fruits are recognized, “by promoting the introduction and circulation of the precious metals, those darling objects of human avarice and enterprise…” 1
In order to determine the worth of our labor, we base our measurement of work on value. Value is defined as: “a fair return on equivalent in money, goods or services for something exchanged.”
It has been accepted throughout history that the value of a day’s labor is equivalent to the amount of work it takes to extract gold from the earth. The amount of work it takes is directly proportional to the amount of energy expended in the extraction process.
The unit of measure for this energy is a grain of wheat. Wheat has been the standard energy source for work for as long as historical records have been kept. While wheat has not been the only unit of measurement for the value of labor, it has been used so widely that there can be no denying its importance as a standard.
When we choose to store our excess labor in the form of wealth we usually imagine putting our money in a bank. We have been lead to believe they are safe institutions for the protection of our money.
Banks have one purpose only, to produce a profit. Their profits are made through various techniques such as interest on loans, over draft fees, minimum balance fees, annual account fees, application fees, and late payment fees, to name a few. It is no accident the total amount you could pay is much more than the amount of interest your money earns in your savings account. It is understandable banks are businesses, and therefore are in the business of earning a profit, but a monopolized banking system does not protect the customer’s interests, because there is no free market competition. If that system should ever come into conflict with your belief of wealth protection, then you will be the one who suffers the loss. Bank insurance will cover some losses, but not all; as this type of insurance does not discourage high risk, but actually encourages banks to behave in a manner that more often than not is at odds with protecting you, the customer.
Banks started as a place to store your money because gold and silver can become difficult to carry. Since law requires you to pay taxes in fiat currency, gold and silver have essentially become obsolete (outlawed) for these purposes. If gold and silver no longer play an important role in our lives as money, and if the banks intent is at odds with your purpose of protecting your wealth, then you must ask yourself, do I need the services of a bank? As the price of a personal safe has dramatically dropped in recent history, maybe taking a more active role in the safeguarding of your wealth should become a priority, since banks are known to become too big to fail. So if you choose to use the services of a bank, caveat emptor.
In 1913 a small group of men who controlled some of the world’s largest financial institutions conspired to create a monopoly over all the banks in the United States. They secretly met at Jekyl Island, Georgia, to write a law that would give them the authority to set the value of your labor. What they created was a central bank that is now known as the Federal Reserve. It is an organization created through the passage of the Federal Reserve Act of 1913, which has not answered to the government that created it, and has complete control of the fiat currency the government prints for it. Though not quite private and not quite government, it operates in such a way as if it were a federal agent. As stated in the Communist Manifesto: “5. Centralization of credit in the hands of the state…”
The people who control this organization are a total of nineteen. The Board of Governors are seven (including the Chairman and Vice Chairman), and twelve directors that control the regional arms of the system, called District Reserve Banks. They alone have the power to change the value of your labor by manipulating the value of the fiat currency by adjusting what they call “monetary policy”.
Monetary policy is the use of three mechanisms called reserve requirements, discount rate, and open market operations. These nineteen people try to control stability and growth of the economy, employment rate, value of the fiat currency, and trade balances with foreign countries.
The results of this monopoly can be seen throughout history in the form of recessions, depressions, the failure of thousands of independent banks, a declining economy, and the transfer of trillions of dollars in wealth to the very financial institutions that control the Federal Reserve. Where in all of this was the consideration for the individual rights of the citizen over the desires of the bankers? Why were our rights exchanged for the bankers’ relief of a simpler way to steal our wealth?
When our thoughts lead to words, and our words lead to actions, we must take great care to reserve our actions for the best intentions under the idea that we must do no harm. We must take great care to not use our actions against others in the form of force. Respect and obedience does not come from violence or the threat of it. Those who use force to control others lack the knowledge or ability to use words and ideas effectively for the purpose of negotiation, as “…right shall rest with might of hand then truth shall be no more.” 1
We enter this world alone, and we leave this world alone. We are responsible for no one but ourselves and our property. We look to collect only with the right to receive. We expect nothing from anyone and the same for all. I define individualism as: a doctrine that the interest of the individual are fundamental, and has political and economic rights with which the state and other individuals cannot interfere. It represents the belief that the only person I can control is myself, and the only person you can control is yourself. We leave each other to do as we please, as long as our actions do not violate the rights of each other. It is the belief that I and only I have the right to execute my property for purposes that I determine to be what is best for my property and me, and to deny others access or use of my property for whatever reason I may choose.
My obligation is to not interfere with the lives or property of others under any circumstances. My guarantee to all others is that I will not allow my actions to harm them or their property, and to allow my self determination to guide my abilities to produce for the glory of myself. It is to afford all others the same, for honest competition is the only worthwhile occupation. It is to not just ask for honest competition, but expect it, to demand it, for only losers can win when cheating, because only losers cheat.
We hold highest in esteem those who create value, and give value for value. It is those who are depended on, because they have the courage to defend what is theirs for, “Man is the measure of all things".1
