Wednesday, December 30, 2009

Job Creation - Open Letter - Senate Press


Dear Senator Pearson,

I like your Senate Press article today and I appreciate your service, first in your role as a Producer and then as a senator.

You wrote: “Raising taxes is no way to stimulate the economy in a downturn.”

I would expand the thought to say: “taxes are no way to stimulate the economy ever.”

Government intervention always reduces production. Prosperity follows production.

Reduced production equals reduced prosperity.

The factors that are undermining our ability to produce are systemic. We must find ways to reestablish genuine production in Georgia; our state and our home. This must include finding ways to insulate our production and population from the devaluation of the dollar.

We will be wise to begin by keeping all the dollars we possibly can in Georgia in the hands of the citizens, while encouraging the use of precious metals in indirect exchange. We should pass legislation that keeps Federal taxes remittances in Georgia, to be paid to the Federal government for the value of services it provides, which are in the proper purview of the Federal government, after adjusting for inflation of the money supply.

Let the government and those it favors suffer the consequences of inflation for a change, instead of the people.

The rights of sovereign states will not be enjoyed unless we actively claim those rights as people of strength, courage and conviction. We must take back what has been taken away, while we still have a little strength left.

Mainstream academic thought would consider this a foolish approach, but the mainstream academic thought on the subject of economics is laughable, so we should not expect mainstream thinkers to understand. Or if they do, they are thieves and cowards for advocating for the Keynesian style economic system that is designed to destroy capitalism, and therefore to destroy liberty.

Keynes wrote the following in 1919:

“Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some… Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

When one can logically and mathematically understand and illustrate that a particular system serves the purpose of illicit wealth transfer, which is accomplished via the use of differing weights and measures, one can judge that system to be morally wrong. Our American system fits that description.

When one reviews history, one discovers that these market interventions via currency debasement are always seeds of greater oppression that lead to collapse of the productive capacity of a nation, and eventually the collapse of the nation.

When one considers that people eat food and use things, one may notice that for a nation to prosper, it must produce.

In addition to producing the things which constitute necessities, a nation must produce things valued by other people and nations if it hopes to continue trading with producers in the future. Producers exchange with producers.

Exporting inflation and selling debt to finance US purchases of foreign production is not a sustainable system. When our dollars lose their decreed value, if we are not producing, we will not be able to care for ourselves, and we will have nothing to exchange with producers for what we need.

Senator Pearson, I thank you for your service. I hope to have the opportunity to help you and others shrink government and restore production in the state of Georgia, leading the way for the same unified outcome in other states.

We need strong liberty warriors who step up to the battle line with fire in their eyes and their belly because they understand that we have been had, duped, abused, pillaged…

We have allowed a system of theft and control of production to sap the strength from our people, state and nation. We should be ashamed and angry. This is war, whether we acknowledge it as such or not. Just ask the ex-farmer, ex-textile owner or great American worker who is losing purchasing power and property daily.

"I believe that banking institutions are more dangerous to our liberties than standing armies." ~ Thomas Jefferson

The American system rips our production, property, savings, investments and retirement from our weathered and worn hands, a little bit more everyday.

Productivity retained in the hands of producers is the solution.

Georgia Senators: Know the truth. Stand. Cross the battle line. Restore liberty and prosperity in Georgia.

Blessings,

Shane Coley
47th District Senate Candidate
http://www.shanecoley.us
Real Solutions for Real Life

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