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| Mike Hewitt - Dollar Daze |
America's Forgotten War Against the Central Banks |
"Let me issue and control a nation's money supply, and I care not who makes
its laws." (Mayer Amschel Rothschild, Founder of Rothschild Banking Dynasty)
Many prominent Americans such as Benjamin Franklin, Thomas Jefferson, and
Andrew Jackson have argued and fought against the central banking polices used
throughout Europe.
A note issued by a central bank, such as the Federal Reserve Note, is bank
currency. These notes are given to the government in exchange for an interest-bearing
gTuesday, January 5, 2021 |
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| George F. Smith - Barbarous Relic |
Fielding my grandson’s questions about gold and banking |
My grandson had quite a day at school.He had learned that the economy had been suffering from things called Panics, capital P, during the 19th century and had another big one in the early 20th century.He had been told that responsible, public-spirited men like J. P. Morgan had organized a central bank to prevent those Panics.He and other bankers finally got the government to go along with their idea and pass it into law in late 1913.And wouldn’t you know it — we’ve had no more Panics since then.Thursday, December 24, 2020 |
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| Mickey Fulp - Mercenary Geologist |
The Never-Ending Wars of the United States of America |
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefiMonday, November 23, 2020 |
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| Nathan Lewis - New World Economics |
God, Gold and Guns |
We’ve been looking into One Nation Under Gold (2017), by James Ledbetter.
October 2, 2017: One Nation Under Gold (2017), by James Ledbetter
October 14, 2017: One Nation Under Gold #2: The Silliness of the Bretton Woods Years
Now, we will follow Ledbetter’s account of the end of Bretton Woods in 1971, up to the present.
The account of the 1971 devaluation was, following the pattern of this book, long on details but short on insight. It seemed to people at the time that they “had no choice,” thatSaturday, October 24, 2020 |
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| Mike Maloney - Goldsilver |
Gold Silver Confiscation: Can the Government Seize Assets |
One concern of retail precious metals investors is the possibility of a gold confiscation.Imagine having the forethought to buy gold to shield your finances from an economic or monetary crisis—only to have it taken away from you by your government. You’d lose not just the protective buffer you put in place but potentially a chunk of your net worth.Gold confiscation may sound preposterous to investors used to securities or real estate. But it’s happened in the past enough times to make it a reasoMonday, June 1, 2020 |
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| John Paul Koning - Bullion Star |
How California stayed with gold when the rest of the U.S. adopted fiat money |
We are ten years into the age of bitcoin. But people are still using national currencies like yen, dollars, and pounds to buy things. What does history have to say about switches from one type of monetary system to another? In this post I’ll dig for lessons from California’s successful resistance to a fiat standard that was imposed on it in the 1860s by the rest of the U.Saturday, January 19, 2019 |
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| Jesse - Le Cafe Américain |
Pro America Rally Tonight - |
“You demagogues are like the fishers for eels; in still waters they catch nothing, but if they thoroughly stir up the slime, their fishing is good; in the same way it's only in troubled times that you line your pockets.”
Aristophanes, The Knights
"They claim to be super-patriots, but they would destroy every liberty guaranteed by the Constitution. They demand free enterprise, but are the spokesmen for monopoly and vested interest. Their final objective, toward which all their deceit is directSunday, March 18, 2018 |
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| Chris Powell - GATA |
Wyoming ends all taxation of gold and silver coins and bullion |
CHEYENNE, Wyoming -- Sound-money activists rejoiced as the Wyoming Legal Tender Act became law today. The bill restores constitutional, sound money in Wyoming.
Backed by the Sound Money Defense League, Campaign for Liberty, Money Metals Exchange, and in-state grassroots activists, HB 103 removes all forms of state taxation on gold and silver coins and bullion and reaffirms their status as money in Wyoming, in keeping with Article 1, Section 10 of the U.S. Constitution.
Introduced by state Rep.Wednesday, March 14, 2018 |
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| Chris Powell - GATA |
Wyoming legislature passes bill to end taxation of gold and silver |
https://www.einnews.com/pr_news/435728627/wyoming-legislature-passes-bil...
CHEYENNE, Wyoming -- Following a 44-14 vote in the Wyoming House last week, the Wyoming State Senate today overwhelmingly approved a bill that helps restore constitutional, sound money in Wyoming.
Wyoming senators voted 25-5 to pass the Wyoming Legal Tender Act (House Bill 103), sending the measure introduced by Rep. Roy Edwards, R-Gillette, to Gov. Matt Mead’s desk. Sound money activists are already contacting Governor Thursday, March 8, 2018 |
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| Peter McKenzie-Brown - Language Instinct |
Village of Widows |
Canada has become a leader in the movement against the
racism practiced against indigenous peoples that has so long been common
practice in much of the world. Is it possible that Ottawa will really follow
the lead of Alberta and other provinces by recognizing the rights given to aboriginal
people in the Constitution without hassle? Such an act would shift cases out of courts
into nation-on-nation negotiations.
It’s taken 36 years since
repatriation of our constitutFriday, February 16, 2018 |
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| Andy Hoffman - Miles Franklin |
The Right Question… |
Last week I mentioned that my grandson Josh (Andy’s boy) was accepted at McGill University in Montreal, the University of Indiana’s business school and the University of Michigan. He is interested in pursuing a degree in business and is taking all the requisite (advanced) classes in economics.
He called me yesterday and asked me, “Which Fed Policy would be better, Quantitative Easing or Tapering and what can be done to make things better?” Geese Louise! When I was his age the only question I Wednesday, February 14, 2018 |
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| Chris Powell - GATA |
Idaho House votes not to tax income from gold and silver sales |
https://www.kxly.com/news/idaho-votes-not-to-tax-income-from-silver-and-...
The Idaho State House today overwhelming approved a bill that excludes gains or losses on the sale of precious metals, coins, and bullion from an Idaho taxpayer's taxable income.
State representatives voted 60-9 to pass House Bill 449, sending the measure introduced by House Majority Leader Mike Moyle and Senate Assistant Majority Leader Steve Vick to the Senate for a hearing in the Local Government and Taxation CommittWednesday, February 14, 2018 |
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| Theodore Butler - Butler Research |
Unfinished Business |
The big news this week was the filing of charges and settlements for price manipulation and “spoofing” brought by the CFTC, in conjunction with the DOJ and FBI, against three banks and a half dozen individual traders; mostly involving illegal trading activities in COMEX gold and silver futures. The announcement set off a debate about whether the filing proved the allegations that gold and silver prices were manipulated as many, certainly including me, have maintained.http://www.cftc.gov/PressRooThursday, February 1, 2018 |
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| Nelson Hultberg - AFR.org |
Ominous Musings on America – 2018 |
Decay and despotism invade our lives today like gangrene creeps up the limbs of a wounded soldier in the festering fields of war. Our Washington pols swagger through fulsome milieus of political putrescence and graft. Establishment pundits spew hysterical falsehoods on a daily basis. FOMC bureaucrats print fake money like mountebanks spin shell games to carnival dupes. Special counsel shysters conduct corrupted investigations to overturn the rightful will of the people. Political thuggery masqueTuesday, January 30, 2018 |
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| Mish - Global Economic Analysis |
Wisconsin Price Police Say Meijer Doesn't Charge Enough for Dog Food |
Wisconsin officials cracked down on Meijer for not charging enough for dog food, bananas, Cheerios, and school supplies.
Want to markup gas by 8 cents a gallon in Wisconsin?
You cannot because 8 cents does not meet the state's minimum markup requirements. The same logic applies to Meijer and Walmart for groceries and school supplies.
The minimum markup laws are a relic from seriously-misguided depression-era laws, still on the books in 26 states.
Price Police
The Wisconsin price police say MeSaturday, January 27, 2018 |
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| Mish - Global Economic Analysis |
Illinois Ponders Pension Moonshot Gamble: $107 Billion Bond Sale |
What better time than now to borrow $107 billion to invest in stocks? That's what Illinois is actually considering.
Crain's Chicago Business reports Illinois Ponders Pension-Fund Moonshot: a $107B Bond Sale.
Springfield lawmakers are so desperate to shore up the state's massively underfunded retirement system that they're willing to entertain an eye-popping wager: Borrowing $107 billion and letting it ride in the financial markets.
The legislature's personnel and pensions committee plans to meeSaturday, January 27, 2018 |
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| Nelson Hultberg - AFR.org |
Donald Trump – Modern Day Walpole |
“Hatred of Walpole was almost the only feeling which was common to them. On this one point they concentrated their whole strength. With gross ignorance, or gross dishonesty, they represented the Minister as the main grievance of the state. His dismissal, his punishment, would prove the certain cure for all the evils which the nation suffered. What was to be done after his fall, how misgovernment was to be prevented in the future, were questions to which there were as many answers as there were nSunday, January 7, 2018 |
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| James Howard Kunstler |
“Fire and Fury” |
It’s told that Richard Nixon, during the endgame weeks of Watergate, wandered the west wing hallways in the wee hours, fueled on scotch whiskey, conversing with portraits of notable Americans, including many of his predecessors. “Whaddaya say, Millard? Should I stay or should I go?” He was a trapped animal, after a long, grueling, hunt, and he knew the hounds were closing in. Perhaps he took some consolation in hearing that old Abe Lincoln was even more depressed in the final, victorious days ofFriday, January 5, 2018 |
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| Jesse - Le Cafe Américain |
How Far Are the Exceptional Fallen |
"Neither the wisest constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt. He therefore is the truest friend to the liberty of his country who tries most to promote its virtue, and who, so far as his power and influence extend, will not suffer a man to be chosen into any office of power and trust who is not a wise and virtuous man.
We must not conclude merely upon a man's haranguing upon liberty, and using the charming sound, tWednesday, January 3, 2018 |
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| Andy Hoffman - Miles Franklin |
38,000 Tons of Poison, 1 Gram of Antidote |
The official U.S. national debt, ignoring off-balance sheet liabilities, unfunded liabilities, “missing money” and fudging was:
Sept. 30, 2016 $19.573 trillion
October 2, 2017 $20.347 trillion
One year increase $0.774 trillion, or $774,000,000,000
Convert those excess expenses to $20 bills (from the ATM). That makes 38.7 billion $20 dollar bills. Each bill weighs 1 gram. The paper bills representing the one-year increase in the national debt weigh about 38,000 metric tonTuesday, January 2, 2018 |
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