Paul
Drockton's report on RBN for 3 September, 2013 (for those with access
to the archives, this would be worth having a listen), conveyed to
the public many things that are increasingly pertinent. This is not
going to merely recap what he covered, as we have some messages of
our own to convey. Drockton admonished the public to be buying
silver and gold and taking physical possession of it, and we agree.
You build up your own stockpile of it (bags of coins, etc.) and stash
it away. You do NOT place it in some “safety deposit box” in any
bank, not even (if they even have them) in a credit union, which in
every case is merely an extension of some bank.
Banks,
as all of them practise fractional reserve banking, with all of its
flaws, are to be considered almost the precincts of the enemy camp.
Few realize that banks consider your deposits as ultimately theirs
not yours. You are warned when you use their bad notes; they
say right on them who owns them. You are in fact renting them
by paying interest to them for their use. One thing I want everyone
to understand is that if we fail to rescue the magnificent invention
of paper money from extinction (something I frankly doubt can happen
anyway, as the concept is thousands of years old and is based on
basic honest commerce), the world would plunge back into times when
life was, for most people, nasty, brutish and short, like the 4th
century. In order to prevent this catastrophe, we must present to
the public good notes that are backed.
The
very first time in history good notes were exchanged as money was
when people exchanged receipts for goods in order to clear a trade,
to accomplish barter. These notes were all backed
by the goods they represented; they were good to the bearer for
receipt of those goods. They were clay or stone tablets and evidence
of their use is thousands of years old. The basis of sound money,
and the reason Solomon's economy worked better than Babylon's, is
that it was based on notes payable in real goods (not just
specie) and its result was to reduce the comparative value of silver
and gold to the stones under foot.
Yes,
back when American coins were silver and they fell to the ground, you
walked on them and thought nothing of it. Sometimes, it's hard to
believe now, they might occasionally even be swept up and thrown
away! It's quite different nowadays. You know things are not quite
right when a small piece of silver, like a pre-1964 quarter dollar,
contains enough purchasing power to buy a fast food lunch or a gallon
of gasoline (petrol). For those who can remember times when
hamburgers actually were that cheap, the late 1940's, recall that
they were being paid for with real silver coin not Vieira's slugs.
We still use the same scrip, as I've said rented from them,
that was used then. This scrip was then and remains unbacked
and therefore unsound.
But
maintaining government issue (allowing governments to borrow and
perpetuate public debt) and allowing some people to lend money that
they don't even have, which is characteristic of all fractional
reserve banking, was going on back then as well. What some might
have you believe is that we can set things right by just going back
there and allowing even private banks to operate using the same
fractional reserve model, just break the “too big to fails” down
to size and things would be perfect once again. The wiser
perspective however is to take the long view of things and begin to
recognize certain patterns.
The
present banking and monetary system itself is an example of mankind
trying something over and over and over again and expecting different
results. It's insane. It's also a bit like alchemy attempting to
turn base metals into gold. That too is insane. I note, and
Drockton probably knowns this as well, that the same kinds of people
down through time have been interested in both alchemy and banking
and always for nefarious reasons.
Our
VEN proposal offers a distinctly different solution. All our notes
will be backed because none of them will be borrowed into
existence nor the result of government spending in the public
interest or whatever rot some statist can come up with to describe
just why governments shouldn't live within the means set for them by
the public.
Drockton
was (and has always been) quite forthright in what he believes, and
the reason his reportage is valuable is that he really does have his
fingers on the pulse of the present economic disorder. Yes, Mystery
Babylon (certainly an adequate name to express the nature of the
power we all live under) means confusion, a confusion that for the
moment, like the Wizard of Oz, hides behind curtains of mystique and
deception. Drockton's insights are valuable as he understands the
present system quite well, knows its past history, and the nature of
those who are orchestrating events (including those periods of rash
bombast -wars- that cost millions of human lives, of people the
financial / ruling class do not care about, as they are just “in
the way” or “useless eaters” or slaves, or cattle!)
Currently
under way is a forthcoming paper concerning the monetary history of
the United States. It will attempt to explain in as brief detail as
possible, just how we got where we are today and what and who led us
here. One man's imprint stands out more than any other, that of the
man on the $10 bill, Alexander Hamilton. There is much that has
surfaced concerning this character. We will consider less the nature
of the man, (except to recognize his type around us everywhere in the
modern world), than the nature of his ideas and how they shaped the
destiny of this country and all other countries to a lesser degree.
None of Hamilton's ideas were new when he proposed them. He
represented a foreign system that is foreign to every
nation, that had been in existence for a very long time. It was and
is one in the same as the present commercial fractional reserve
banking model.
We
will consider an alternative model that might even have won
Jefferson's approval. We will consider the hard money character of
the US Constitution and what it means. We will blast all the
unconstitutional activities of the foreign financial power,
making a few positions unmistakably clear. We will advocate some
legal and political action at state and provincial levels only, but
otherwise continue to advise a “come out of her, my people”
response to centralized government, centralized authorities of all
kinds, particularly the nefarious actions of the United Nations, that
foreign organization headquartered in New York, etc. The
headlines reveal the dire direction we are heading. We must figure
out a way to change course. The future of mankind, of civilization
and of the planet itself demands it.
David
Burton
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