Saturday, July 25, 2009

Friday, July 24, 2009

Where is our Republic??

Republic vs. Democracy

Rule by Law or Mob Rule

We Can’t Be Both

Benjamin Rush said on the ratification of the Constitution on July 9, 1788 “Tis done, we have become a nation.” And just after the completion and signing of the Constitution, Benjamin Franklin replied to a woman’s inquiry as to the type of government the Founders had created, “A Republic, if you can keep it.”

Sorry Ben, we have failed to keep it.

Not only could we not keep it, most people do not even know what kind government the Founding Fathers created.

* A Republic is representative government ruled by law (the Constitution).
* A democracy is direct government ruled by the majority (mob rule).
A Republic preserves the inalienable rights of individuals while democracies pander to wants or needs (sustenance of power).

Tuesday, July 21, 2009

Monday, July 6, 2009

Matt Taibbi + Rolling Stone = Mad World

Connecting the Dots on the Ultimate Money Making Machine of ALL TIME... The 16th Amendment and The Federal Reserve System

The Federal Reserve System has faced a considerable amount of opposition over the course of its existence. The first debates primarily regarded its constitutionality, private ownership of a central bank, and the degree to which the economy should be centrally planned, with luminaries such as Thomas Jefferson and James Madison being some of the first central bank detractors. As the effects of the Federal Reserve System became more apparent, new criticisms began to emerge, such as complaints about: inflation, transparency and employment. Critics of the Fed come from a variety of sources, ranging from amateur conspiracy theorists to main stream economists. Some speculate that the complexity of the Federal Reserve has led to erroneous accusations by the uninformed.

Perhaps the most accepted criticism regards the Fed's role in the Great depression. The theory that the Fed was the primary cause of the depression was first proposed by economists Milton Friedman and Ann J. Schwartz and later adopted by numerous others, including the current Federal Reserve Chairman Ben S. Bernanke. In loose terms, the criticism is that the Fed's failure to increase the money supply and save small banks, which were in threat because of bank runs, from failing ultimately turned what would have been a relatively mild recession into the catastrophe of the 1930s. A less accepted view among economists is that the Fed kept interest rates too low in the 1920s resulting in the exorbitant stock prices of 1929, which inevitably had to deflate.

There has been considerable debate over a lack of transparency as to what is discussed in Federal Open Market Committee meetings. Since the FOMC sets monetary policy, which affects the entire U.S. economy, many people feel that it is important to know what the FOMC is doing.

The heterodox Austrian School, holds that the Federal Reserve's control of interest rates is an unnecessary and counterproductive interference in the economy. According to this theory, rates should be naturally low during times of excessive consumer saving (because lendable money is abundant) and naturally high when high net volumes of consumer credit are extended (because lendable money is scarce). These critics argue that setting a baseline lending rate amounts to centralized economic planning, and inflating the currency amounts to a regressive, incremental redistribution of wealth.

Others state that the Federal Reserve System supports fractional-reserve banking, which they claim resembles an unsustainable pyramid scheme. According to the Austrian Business Cycle Theory, a fiat money system is unsustainable, because the money supply must expand exponentially in order for all loans to be paid back with interest.. This theory is dismissed among some mainstream economists and contradicts some evidence from mainstream economic studies about business cycles.

A major area of criticism focuses on the failure of the Federal Reserve System to stop inflation; this is seen as a failure of the Fed's legislatively mandated duty to maintain stable prices. These critics focus particularly on inflation's effects on wages, since workers are hurt if their wages do not keep up with inflation. They point out that wages, as adjusted for inflation, or real wages, have sometimes gone down (such as at the end of 2004). Milton Friedman alleged that the Fed caused the high inflation of the 1970s. When asked about the greatest economic problem of the day, he said the most pressing was how to get rid of the Federal Reserve.[140] In April of 2009 former Fed Chairman Paul Volcker criticized Fed's notion that a roughly 2% inflation rate is consistent with promotion of price stability, noting that with 2% inflation rate people in a generation are going to be losing half their purchasing power. United States Congressman Ron Paul, ranking member of the Subcommittee on Domestic and International Monetary Policy (of the House Banking Committee), has also criticized Federal Reserve policy for creating and downplaying excessive inflation.

One of the first criticisms of the private nature of the Federal Reserve system was Charles August Lindbergh who criticized the problem of private banks working against the best interests of the citizens: "The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money."

The Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. ch.3) is the act of Congress that created the Federal Reserve System, the central banking system of the United States of America, which was signed into law by President Woodrow Wilson.

Connect that with The Law That Never Was

The Sixteenth Amendment
(Amendment XVI) to the United States Constitution allows the Congress to levy an income tax without apportioning it among the states or basing it on Census results. This amendment overruled Pollock v. Farmers' Loan & Trust Co. (1895), which greatly limited the Congress' authority to levy an income tax.

It was "ratified" on February 3, 1913.


Metaphysics of Quality

Thursday, July 2, 2009

How to separate gold from concentrates

The simplest and cheapest way for the amateur prospector/miner to retrieve the fine gold from the concentrates can be done in 6 simple steps.

1. Cleaning: Place some concentrates into a plastic gold pan, (about half full), and cover the concentrates with water. Add one tablespoon of household lye to the concentrates and swirl it around for several minutes. This will remove surface impurities such as dirt and oils from the gold.

2. Pour off the lye laden water and add fresh water to it, and add one ounce of mercury.


3. Slowly swirl the contents with the mercury. As the mercury goes around the pan it will pick up all the finest gold in the pan. The more gold there is the stiffer the mercury becomes.

4. Once you have all the gold gathered, pan off the black sands or use a magnet in a plastic baggie to retrieve the black sands, leaving only the gold laden mercury and free mercury. The free mercury will roll around easily where the gold laden mercury is stiff and does not toll well. Place your mercury container INSIDE another gold pan and pour off the free mercury into the container. Using another pan keeps it from spilling out onto the floor or ground. If you spill mercury on the floor or God forbid, the living room carpet, you will be inhaling evaporating fumes for years!

5. Once you have a stiff ball of gold laden mercury in the plastic pan flush it out into a glass measuring cup. To this add a few drops of nitric acid Keep adding nitric acid until you get a bubbling or fizzing action from the mercury. !!! DO NOT BREATH THE FUMES !!! The acid will dissolve the mercury as well as any trace silver. After awhile the fizzing stops and at the bottom of your cup is a bronze colored metallic looking blob.... It's GOLD!

You can recover your mercury from the nitric acid by placing a flat copper bar or copper sheet into the acid and letting it set overnight. The next day the mercury will have come out of solution and attached itself to the copper now you can scrape the mercury from the copper and put it back into your storage container.

6. Carefully pour off the remaining liquid and neutralize the acid with baking soda, a little at a time until you get no reaction from the acid and soda. Gently rinse the gold in the cup with fresh water avoiding hard sprays that could rinse away your gold. Pour off the water and let dry. The remainder is your pure gold! (actually 95% - -98% pure)