Several folks object to the present statement. One of my shoppers said, "I grew up in the 60's during the civil rights movement. That was a purely political and altruistic agenda that had nothing to do with money." In the 1960's but, the United States was unquestionably the planet's greatest economic power. Our currency was strong. When you're abundant and robust, you feel magnanimous. In 2007, our economy is weak, our debt is high and our currency is declining. The present corrupt and mean-spirited political environment may be a reflection of our country's declining economic status. The OMB predicts that by the year 2012, the national debt of the United States will be 11.466 trillion dollars. This figure will NOT account for unfunded liabilities like Social Security. The overall quantity of dollar denominated debt (including unregistered derivatives securities) worldwide has been estimated at 1.a pair of quadrillion dollars. That's right folks. 1.two quadrillion. The greenback has been hyper-inflated on a planetary scale. How has this happened? To understand that, you have got to understand how money is formed and manipulated. A great place to begin is to scan the book called "The Creature From Jekyll Island. The money we use is monetized debt. It has no value whatsoever. These days, money is not backed by something tangible, different than the "full religion and credit of the United States." What will that mean? It means the future work, sweat and productivity of the Yank people. It's a startling reality that if all dollar denominated loans and debts were paid off, all of our cash would disappear. Thus, whether or not Congress needed to pay off the national debt, it might not do so without destroying the economy! Have a look at the top of any bill of any denomination, and you will find "Federal Reserve Note." Do you recognize what a note is? It is a promise to pay, a certificate of debt. The cash we tend to use are simply a fancy IOU's. Unfortunately, the Fed, in cooperation with Congress, has played fast and loose with our currency. After you discover how cash is formed, you'll perceive the truth of this statement: "Money DOES grow on trees." Those that management the creation of money management the economy, and therefore the lives of everybody in the nation. Economic cycles of boom and bust don't seem to be natural economic occurrences, but artificially created conditions due to the manipulation of the money supply. Did you recognize that legal tender laws FORCE Americans to use Federal Reserve Notes? Look on the left hand aspect of the bill: "This note is legal tender for all debts, public and private." It is illegal in the United States to use gold or silver as money. If you refuse to simply accept Federal Reserve Notes in exchange for your valuable merchandise and services, you can be thrown in jail. The power of the State is used to enforce legal tender laws. The debasing of our currency (and thus our economy) is the most vital crisis facing our country, and the planet, as a result of the dollar is the linchpin of international finance. [1] The growth of the unregistered derivatives market has hyper-inflated the dollar to the point where the international financial and banking system is in turmoil. At the current moment, and behind the theater of politics, the globe is confronted with a world banking and currency crisis that is being completely ignored by the mass media in the United States (therefore what else is new?) Referred to as "Wantagate" by those within the grasp, it is a story of fraudulent money manipulation that involves the very best banking and political officials within the United States, and the world. How will such a gigantic crisis go unreported? Because the focus is on politics! Decide up a copy of the New York Times, the Washington Post, or the L.A. Times. Listen to the news. Listen to NPR. The news is, nearly completely, political. What economic news is reported is mostly mundane stuff like the Dow Jones industrial average. Politics and political intrigue obscures the elemental economic and monetary realities underlying the actions politicians take. In alternative words, the bread and circuses of politics takes your attention far from the money trail. Following the money path will ALWAYS make a case for the actions of politicians. For instance, why did we have a tendency to attend war in Iraq? The govt says that we tend to did it to determine democracy, or take away WMD's, or destroy Al Queda, blah, blah, blah. Former secretary of State Jim Baker said facetiously that we have a tendency to invaded Iraq because of "oil, oil, oil." Well that, at least, is partially true. In line with Christopher Story, noted U.K. intelligence analyst, one of the basic reasons for invading Iraq was the takeover of the Rafidain Bank, Saddam Hussein's personal bank. The Rafidain Bank had trillions of dollars price of assets and billions in gold bullion. That money properly belongs to the individuals of the United States via the U.S. Treasury, because the spoils of war. In line with Story, Saddam's money was stolen by criminal operatives among the U.S. intelligence community -- with full knowledge of officials at the highest levels of presidency, including the President, the Vice President, the Treasury secretary and also the Homeland Insecurity chief -- and parked in offshore bank accounts. This cash is "off the books," as a result of the individuals who stole it cannot determine supply of funds. In any legitimate banking transaction, official codes are issued that determine the money institutions on each ends of the transaction, and where the cash came from. This is often not attainable with stolen money. For the remainder of the story, see the link below within the Resource Box. We tend to are spending ten billion dollars each day to fund the war in Iraq. The war has so way, as of this writing, value nearly five hundred billion greenbacks and President Bush has simply submitted a request to Congress for two hundred billion more. Moreover, the war in Iraq is being privatized, which means that that private contractors are creating billions from this war. Meanwhile, our brave men and ladies within the military fight and die -- for what? [2] Governments throughout history have printed cash and debased the currency to fund their conflicts. When the currency becomes devalued, it loses its purchasing power, and prices rise. This is the genesis of inflation. Inflation isn't rising prices, it is the debasing of the currency. The only legitimate approach for governments to urge cash is through taxation. However politicians don't like to raise taxes as a result of the voters can throw them out of office. But, the political scientists in Congress and therefore the financial scientists at the Fed have devised a brilliant scheme to spend a lot of and additional cash and keep themselves in power: simply print and produce additional and more of it. The process by that this occurs is advanced and obfuscated, but the underside line is that the population is taxed by inflation when the cash offer increases too rapidly. Each dollar buys less and fewer, you see. Inflation may be a hidden tax -- a cowardly trick imposed by politicians (and bankers) who hide behind the ability of the state to enforce legal tender laws.[3] Moreover, when money is formed from nothing, the dimensions and power of presidency grows larger and bigger, sapping the economy. Money that would are used to start out businesses and use individuals is wasted by government cronyism. Regardless of who is in power -- capitalists, socialists, liberals, conservatives, Democrats or Republicans -- political parties continually use the facility of the state to enforce their decrees. So, government grows and also the political structure of a nation becomes more and hierarchical, fertile soil for the expansion of tyranny.
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There is an recent saying: "If you want to know what is extremely occurring, follow the money trail." If you are doing not understand money, banking and finance, you can not very understand politics. For the motivation of politics and politicians is ultimately the buildup of cash and resources. Cash and resources = power.
Link : Barbara K Howard has been writing articles online for nearly 2 years now. Not only does this author specialize in Politics, you can also check out his latest website about: Jet Bath Which reviews and lists the best Jet Bath Spa
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