Showing posts with label Ethics. Show all posts
Showing posts with label Ethics. Show all posts

Tuesday, December 27, 2011

Bastiat & Hazlitt

"If you liked The Law by Bastiat and Economics in One Lesson by Hazlitt then you will like this book. A book that explores the keys to understanding the way the world works - what money is- How we are stolen from by government and the way back to liberty." ~ John Barbour on Goodreads.com
I am honored to be mentioned in the context of Frederic Bastiat and Henry Hazlitt. I  hope to have occasion to meet Mr. Barbour someday and thank him in person for such kind words.

The Law and Economics In One Lesson are classics in the top of their categories and I highly recommend them. In fact, a friend and I gave away hundreds of copies of The Law during my 2010 Georgia State Senate campaign.




Friday, December 23, 2011

Know Stealing - Review

"Armed with wisdom, knowledge and an aptitude for teaching, Shane Coley skillfully disperses the fog of economic, political and moral complexities which tend to make our nation's problems seem insurmountable. Shane brings to light long ignored principles which must be understood if we are to have any chance of restoring the liberty, peace and prosperity which our country enjoyed in former times. Information contained in this excellent work is invaluable."~ Linda Morrow



Thursday, December 22, 2011

Truth, Reason, and Inspiration

"Lies take decades, truth takes a minute." This is a wonderful quote from the book that is indicative of the read. When truth is presented clearly, especially when accompanied by an unobstructed chain of reason, it resonates instantly and last forever. Truth transcends all nationalites, races, cultures, and any other social, economic, or political segment in our world system. All of the subjects presented in Know Stealing qualify as truth based on this merit.
Since wisdom and understanding are more valuable than the treasures of the earth, it no coincidence that after reading Know Stealing we are left with a feeling of enrichment in one of its purest forms. Shane Coley's productive efforts in uncovering this nearly hidden insight and his willingness to compile it in such a way that is simple to understand is a testament the author's diligence, patience, and grace. The parables are great additions to expound the knowledge presented. The content is layered from start to finish to savory perfection. Know Stealing is a baklava of wisdom. 
If read purely as a study of economics, it rivals some of the best books ever written on the subject and should be required reading in economics classes worldwide. 
Most readers will be left with a rekindling of purpose and will to be a part of the solution. Real liberty results from exposure to truth, however with liberty is responsibility of action. Know Stealing has the ability to inspire the leadership that will be necessary to right the wrong that has our nation and our world in disarray.

Know Stealing should be in everyone's library and should be discussed an taught regularly in our homes, churches, schools, and businesses." ~ Cody Murray


Monday, December 19, 2011

Revolutionary

"Shane Coley has succeeded in methodically correcting the most dangerous errors modern American society has in understanding economics, politics, government & Christian theology. A 15 year project with more to show for it than most entire lives. Transformational!"

Jimmy Norman
Executive Director
Georgians For Constitutional Government



Saturday, December 17, 2011

Read This Book

"If you are wondering where we have gone wrong as a country, then read this book. Shane Coley does a great job of getting to the very core of the problem. The media and talking heads we hear every day are so fixated on the symptoms that we forget to search for the root cause. This book peels the onion back layer by layer and explains in detail where the problem is. This book is a MUST read for anyone interested in restoring individual liberty in America!" ~ Clay Ortiz


Tuesday, March 29, 2011

How To Brainwash A Nation


How To Brainwash A Nation


This amazing interview was done back in 1985 by G Edward Griffin, author of The Creature From Jekyll Island, with a former KGB agent who was trained in subversion techniques. He explains the 4 basic steps to socially engineering entire generations into thinking and behaving the way those in power want them to. It's shocking because our nation has been transformed in the exact same way, and followed the exact same steps.

Friday, March 11, 2011

Rand Paul - Consumer Choice


Senator Rand Paul points out the hypocracy of bureaucrats.

This is most excellent.




Thursday, March 10, 2011

VIDEO: Coley Testimony - HB3 Constitutional Tender Act

Coverdell Legislative Office Building (CLOB)
18 Capitol Square SW Atlanta, GA 30334

Atlanta, GA

Monday, March 7 · 9:00am - 12:00pm


After presenting testimony, I engaged in a dialog with Representative Bruce Williamson on fractional reserve banking. Bruce Williamson was a gentleman. He opened with a prayer that I would be blessed to hear and concur with any time. The problem we have is that neither Bruce, myself or government are the standard. A good man's character does not make an objectively immoral practice moral or right.




Representative Williamson claimed that Georgia banks don't create money, yet he later said:
I'm not disagreeing with the fact that it expands the money supply, but I don't see that that's inherently unhealthy.
Evidently Representative Williamson doesn't understand that "Expanding the money supply" creates new dollars and is inflation.

When I said that banks create dollars from nothing, Representative Williamson disagreed yet again, stating:

Its not nothing. Its promises to pay that provides the liquidity to shop keepers, to home owners...
And:
All you're doing there is allowing these promises to pay, that when you come to borrow the money to buy the automobile or piece of land or buy new shelving for your hardware store, all the bank's doing is turning around and lending you those dollars... It's not the collateral, its your promise to pay back.
In other words, his view is that the money is not created from nothing, rather it is created because the borrower promises to use his land, labor and capital to produce enough to pay the loan back, plus interest to the banker.  The banker has essentially no skin in the game.

If "its not the collateral", why does the banker take the borrower's collateral if the borrower doesn't pay?

In an honest system, the banker would have to loan out property that actually exists in order to earn interest. In the fractional reserve system, he creates money from thin air and then essentially loans your property to you - and gets paid interest for doing it. The bank brings nothing to the table except the legal privilege to create money.

When you borrow money for a piece of land, the money that you use to pay the seller comes from a ledger entry at the bank which is made because you agree to pay the money back. The only real asset in the transaction is the land. The banker has no equity or asset in the transaction at all. If you default, he gets the land.

Of course that ledger sheet trick works until the bubble pops, particularly when the bubble is combined with Sarbanes-Oxley and federal regulators.

Representative Williamson also stated plainly that leaving the gold standard was a mistake.
It all goes back to fiat inflation. I do not disagree one bit with the fact we should never have gotten off the gold standard. I think Steve Forbes has got it right, but all we are is dealing with the Federal Reserve Notes that our Federal Treasury is [unintelligible] the currency of the nation.
However, the Gold standard simply limited the amount of new money created from nothing by the Federal government. Creating money from nothing is always a problem because the mechanism makes an economy unsustainable. The economy is unsustainable because costless money causes a breakdown in the price mechanism and distorts the allocation of resources.  It also pillages and weakens the producers.  The banks create new money from nothing, much the same as the Federal Reserve. In fact, the banks are able to create nine new dollars for each one new dollar created by the Federal Reserve. Which is bigger? Nine or One?

If costless money is a problem and the banks create more than the Federal Reserve, then the banks are not innocent. They participate in inflating the money supply, or to use Representative Williamson's phrase in "expanding the money supply", which IS inflation. It disproportionately harms the weak and frugal. It enriches those who are granted a special privilege by government (banks) to create new money from nothing - at least from nothing that the banker owns. In the banks view, your property gives them the right to create money that didn't exist in order to charge you interest for using the money.  What a racket.  

There is so much more that can be said and the problems are far reaching and complex, but the bottom line is that fractional and fiat money cause theft and lead to poverty and oppression.

Tuesday, March 1, 2011

Coinage Act of 1792

The Coinage Act of 1792, passed while George Washington was President, called for the death penalty for anyone who profited by manipulating our coins in any way.


Penalty on debasing the coins.

Section 19.  And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of the fine gold or fine silver therein contained, or shall be of less weight or value than the same out to be pursuant to the directions of this act, through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, and if any of the said officers or persons shall embezzle any of the metals which shall at any time be committed to their charge for the purpose of being coined, or any of the coins which shall be struck or coined at the said mint, every such officer or person who shall commit any or either of the said offenses, shall be deemed guilty of felony, and shall suffer death.

Friday, February 25, 2011

Don't Just Cut the Budget; Cut the Propaganda


Tom Woods

Don't Just Cut the Budget; Cut the Propaganda


If a 6th grade understanding of government doesn't suit you anymore, watch this, then get a copy of Rollback by Tom Woods.





Thursday, February 17, 2011

Production and The Prodigal Son


I recently taught a series of Sunday school lessons on the parable of the Prodigal Son, which is found in Luke chapter 15. The Sunday school material I used began by observing how deeply ingrained the parable of the Prodigal Son is in our Spiritual and literary traditions. It was noted that Shakespeare used plot points from the parable of the Prodigal Son in the Merchant of Venice and in Henry IV. Country music singer Hank Williams recorded a song called the Prodigal Son comparing the Prodigal's homecoming to the joys of heaven. The world's great Art museums contain many works featuring scenes from the Prodigal Son's experience. Of course we recognize terms like a wayward child being referred to as a prodigal son or daughter and we hear people talk about killing the fattened calf or riotous living. So the stories and the ideas of the prodigal son are very familiar in our traditions, culture and language.

In addition one can argue that this parable is the most richly detailed and personal of all the parables of Jesus. It is safe to say that everyone can relate to at least one of the three characters in the parable at sometime in their life.

Because of the details in this parable, many people seek complex symbolism, layers of meaning or hidden lessons which bend the rules of interpretation. We want to be very careful to focus on the plain meaning of Scripture and not invent our own meaning for the parable.

Our goal then, is to read the parable and observe the details that provide the framework for the story, so that we can understand the plain meaning of the passage. As I began to prepare my Sunday school lesson, a new facet of the details of the story came into my view. I noticed that there were many terms which were directly related to production. So class began with the study of how production fits into the parable. Our first task was to agree on a definition of production.

Production: Labor and resources combined to provide for needs and wants.

It was easy for us to recognize and agree that production is some form of gain or increase. Next we went through a series of questions to see if production was reasonable to consider in studying our Bible lesson. First we asked "Since people eat food and use things, do people depend on production?" The answer is obviously yes. Next we asked "Does our dependence on production influence our decisions?" Again the obvious answer is yes, with a good example being that we often go to work because we want to have food, clothing and shelter. Next we asked "Does our dependence on production challenge our morals?" Again the obvious answer was yes. Then we asked "As Christians, does our dependence on production challenge our obedience?" Again the clear answer was yes. Finally we asked "Who made us dependent on production?" As Christians we believe that God is our Creator, which means that God made us dependent on production.

So let's think about what we just observed. People eat food and use things which means that people depend on production. Our dependence on production influences our decisions, challenges our morals, challenges our obedience - all because God made things that way. (For those who do not believe that there is a creator, please explain how nothing and no one produced everything. I enjoy that debate.) There is no question that thinking about production while studying Scripture is a good idea.

There are more than 50 terms in the parable of the prodigal son which are related to production. In the passage which is pasted below you will see various terms in bold. These are terms related to production. For example the term give is meaningless unless there is something to give. The term share is meaningless unless there is something to divide. The term estate obviously refers to the property of the father. The term everything refers to all of the property belonging to the son. Journey is a term indirectly related to production because in order to take a journey one must have the resources to do so. Think of your vacation. Loose living is a term related to production, as we see in the parable when his resources are gone. Then we have the term enough bread. Bread is clearly related to production and enough communicates a quantity of production. Further down we see the terms music and dancing. Music flows from an instrument which would've been produced from profits which belonged to a producer. He was willing to use these profits to create a musical instrument because his more immediate needs of food shelter and clothing had been met. And of course dancing is something that typically involves music and is something that occurs among people who are in good spirits with full stomachs. We could go on and on looking at the terms, but we have sufficiently illustrated the reason that various terms are considered to be related to production.

Luke 15:11-32 And He said, “A man had two sons. “The younger of them said to his father, ‘Father, give me the share of the estate that falls to me.’ So he divided his wealth between them. “And not many days later, the younger son gathered everything together and went on a journey into a distant country, and there he squandered his estate with loose living. “Now when he had spent everything, a severe famine occurred in that country, and he began to be impoverished. “So he went and hired himself out to one of the citizens of that country, and he sent him into his fields to feed swine. “And he would have gladly filled his stomach with the pods that the swine were eating, and no one was giving anything to him. “But when he came to his senses, he said, ‘How many of my father’s hired men have more than enough bread, but I am dying here with hunger! ‘I will get up and go to my father, and will say to him, “Father, I have sinned against heaven, and in your sight; I am no longer worthy to be called your son; make me as one of your hired men.” ’ “So he got up and came to his father. But while he was still a long way off, his father saw him and felt compassion for him, and ran and embraced him and kissed him. “And the son said to him, ‘Father, I have sinned against heaven and in your sight; I am no longer worthy to be called your son.’ “But the father said to his slaves, ‘Quickly bring out the best robe and put it on him, and put a ring on his hand and sandals on his feet; and bring the fattened calf, kill it, and let us eat and celebrate; for this son of mine was dead and has come to life again; he was lost and has been found.’ And they began to celebrate. “Now his older son was in the field, and when he came and approached the house, he heard music and dancing. “And he summoned one of the servants and began inquiring what these things could be. “And he said to him, ‘Your brother has come, and your father has killed the fattened calf because he has received him back safe and sound.’ “But he became angry and was not willing to go in; and his father came out and began pleading with him. “But he answered and said to his father, ‘Look! For so many years I have been serving you and I have never neglected a command of yours; and yet you have never given me a young goat, so that I might celebrate with my friends; but when this son of yours came, who has devoured your wealth with prostitutes, you killed the fattened calf for him.’ “And he said to him, ‘Son, you have always been with me, and all that is mine is yours. ‘But we had to celebrate and rejoice, for this brother of yours was dead and has begun to live, and was lost and has been found.’ ” NASB95

As written above, I noticed that there were several terms related to production in the story of the prodigal son. After I went through the passage marking the terms that were related to production, it became clear that if these terms were removed there would be no story. So now we have this richly detailed parable which influences our traditions and culture and art, and which is meaningful to nearly every person in some way at some point in their life, and we find that if we remove terms related to production the story falls apart. To be very clear, I'm not saying that the truth of the story is lost, because truth exists apart from the story and apart from the framework used to tell the story. However, this parable relies heavily on the concepts of production to convey certain truth.

Our country today is sometimes called a welfare state, which means that there is a significant portion of our population that depends on welfare for food shelter and clothing. If the story of the prodigal son were told today in our country, it would go a little bit differently. After the younger son had squandered his wealth on loose living, he would've gone to the welfare office and signed up for his welfare check and food stamps. This would have kept him from "coming to his senses", thinking about the condition of the hired help on his father's estate, recognizing the error of his ways, repenting of his bad choices and bad attitude, confessing these to his father and ultimately being received back into the family.

The parable of the prodigal son tells us things about God the Father, about Jesus as Savior, about Christians as prodigal sons and daughters and about the religious people like the scribes and the Pharisees who approach God based on their works and confidence in themselves. This parable also tells us something about how God's natural order and natural law is used to draw people to truth.

A Christian is supposed to be led by the Spirit, not by the flesh. According to the Christian worldview, an unsaved person is led by the flesh rather than by the spirit.

A person who understands spiritual truth will filter the desires of his flesh through spiritual understanding. If a person who is led by the flesh is going to learn spiritual truth, his flesh sometimes has a role in leading him there. The parable of the prodigal son is an excellent example of how a hungry belly will bring a person to his senses. Therefore whether the flesh leads the spirit or the spirit leads the flesh, it is important that the flesh and the spirit move in the same direction and work together. With that thought in mind let's consider what happens if the flesh and the spirit go in different directions.

Based on my Christian worldview I believe that the God of the Bible is the creator of the universe and everything in it. I also believe that God is the ultimate producer, even going beyond production to the act of creation. I also believe that man is created in the image of God and, because God is a producer by nature, we also are producers by nature. However not everyone produces. So the question is, if people are by nature producers but are not always productive, how does a person feel when they are not productive? I agree that there are many people who are lazy and unproductive and have no desire to change, but what is going on inside? Consider the drug addict who is destroying his body. He is choosing temporary pleasure over the immediate and long-term health of his body. Likewise, people will choose to be lazy and unproductive even at the expense of the immediate and long-term effect on their spirit or the inner man.

When a person lives in such a way that he squanders the property that he has and does not work to replace it, he faces poverty and hunger. Poverty and hunger led the prodigal son back to his senses. If the prodigal son had been given just a little food and clothing and enough shelter to survive, chances are he would not have come to his senses, repented, confessed and been reconciled to his family. His inner man would've become corrupt and undergone decay, rather than healing.

Therefore if a Christian really loves other people he will never do anything to support the physical man in a way that will ultimately harm the spiritual man. Let's consider the passages from Scripture that will guide us in best serving the physical and the spiritual man.

2 Thessalonians 3:10 For even when we were with you, we used to give you this order: if anyone is not willing to work, then he is not to eat, either.

Proverbs 16:25-26 There is a way that appears to be right, but in the end it leads to death. 26 The appetite of laborers works for them; their hunger drives them on.

I want to consider one other point the parable. When the young son returned, his father hugged him around the neck and commanded his servants to bring a robe, a ring, and sandals for his young son. Each of these gifts has a significant meaning, but we are going to focus on the ring right now. In those days, that ring would have been a signet ring which gave the possessor a right called usufruct. Usufruct is a Latin term that literally means "use of the fruits" and it describes the legal right to use someone else's property at no cost, while reaping the fruits as though the property were your own. We can see that the young son lost his right to any further inheritance, but while his father was alive he was able to use a portion of his father's property in order to produce and begin building sufficient wealth to take care of his own future family. Scripture records that God told the children of Israel that the land was His and they were tenants. With a little thought we can see the similarity between the Garden of Eden as the father's estate and Adam and Eve being evicted, but given the right to use God's property to satisfy their needs and some of their wants.

In summary, we find that the parable of the prodigal son is heavily dependent on terms related to production. We observed that our decisions are influenced by our dependence on production and that our morals and obedience are challenged by our dependence on production. We also see the God made us dependent on production and that God's natural order will cause a hungry man to lead his inner man toward right-thinking, restoration and productive life. An empty belly can get the attention of a stubborn will when no amount of persuasion will work. This means that if we support a hungry man who is unwilling to work, we have set in motion an internal decay that cannot be halted or reversed, except if we get out of the way and let the physical man once again be subject to the natural order and his dependence on production.

If we subsidize bad behavior, we will get more of it. If we penalize production, we will get less of it. Bad behavior is destructive and unfruitful. People depend on production. Following is a chart that I've shared in other places which compares and contrasts the biblical social model and the social model we use today in our country. Compare the chart to what we have discovered about the prodigal son.


Monday, January 11, 2010

Banana Republic


Note the sarcasm...

The following is an excerpt from Taipan Daily.

Turbo Timmy’s Christmas Eve Coup

Justice Litle, Editorial Director, Taipan Publishing Group
Monday, January 11, 2010

"The AIG fiasco was just a warm-up. Turbo Timmy’s latest coup could wind up costing taxpayers trillions – and the country hardly noticed."

Banana Republic, Here We Come

"No, the reason to be excited now – if one is able to ride the paper gravy train, that is – is because the backroom deal makers have won. They have shown, with little room for doubt, that the government can and will do what it takes to rescue Wall Streeters at all costs... even if it means sacrificing the health of the real economy in true banana republic fashion.

And so why worry? Why worry if a tidal wave of “Alt-A” mortgage resets is coming? Why worry that current policies continue to starve the real economy of credit and jobs, while at the same time encouraging banks to hold back on loans and ramp up their trading desk activity?

There is no reason to worry, you see, because Washington has finally proven adept at taking care of its own. It no longer matters if the real economy goes to hell, because the Fed and Treasury’s access to funds is unlimited now! No matter what, planet paper will be first and foremost... no matter what, planet paper will be saved.

We have learned all the wrong lessons in spades. “Too big to fail” has worked... the culprits of the last crisis are now as big and bold as ever (on the risk-taking side if not the lending side)... bad policies (in regard to propping up the U.S. housing market) now have blank-check support... and we as taxpayers have handed over our fiscal birthright to Turbo Timmy for a mess of pottage without even knowing it.

One can almost forgive the crooked denizens of Washington and Wall Street for rubbing their hands together with glee. If American citizens are willing to tolerate this, perhaps they are willing tolerate anything. If the taxpayer, the hard worker, the honest saver, has not grown furious by now, perhaps he never will." -- Taipan Daily

Friday, January 1, 2010

INTERPOL Now Above The Law


And ready for action...

Who is INTERPOL?

"INTERPOL is the world’s largest international police organization, with 188 member countries. Created in 1923, it facilitates cross-border police co-operation, and supports and assists all organizations, authorities and services whose mission is to prevent or combat international crime."

INTERPOL has been granted full immunity to operate in the United States by an executive order signed December 17, 2009 by President Obama.

On December 29, 2009 the classification protocols for originating SECRET and TOP SECRET documents were modified and expanded by executive order.

Classification authority can be delegated (Section 1.3), which means the Czars will likely be able to exercise this classification authority via delegation from the President of the united States.

Why should the Department of Agriculture have authority to originate SECRET documents?

Except in rare cases in the stewardship of a limited government, government secrets are not good for liberty.

"They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety." ~ Benjamin Franklin

INTERPOL - History and Current Events

INTERPOL was founded in 1923 and was taken over by Germany from 1938 until 1945. Four of the presidents of INTERPOL were Nazi SS officers. The President that revitalized the organization after WWII was from France, but also worked for the last of the German leaders.

Hitler used INTERPOL as a control point for the police infrastructure across the nations Germany was conquering. By exercising central power to pressure the leading police officials to control their own personnel, Hitler controlled of all the police powers of the state. It was a sinister and effective system of control.

INTERPOL is reportedly the second largest international organization after the UN.

INTERPOL is working together with UN officials and the 188 member countries to "debate the global police issue and to craft a declaration that would lead to an action plan for international police peacekeeping within 12 months."

Today in the united States, we have agencies originating TOP SECRET and SECRET documents which will be off limits, even through the Freedom of Information Act.

These documents can be used to guide police activities conducted by INTERPOL on US soil for which INTERPOL has no oversight and is answerable to no one. INTERPOL can operate completely above the law.

We will not know if anyone makes use of this system until it is too late to do much about it. One thing is certain. At least one legally untouchable domestic black-ops system is in place if any high officials decide they want to use it.

Thursday, December 31, 2009

Offended By Silence


Who else is OFFENDED that our leaders are either uninformed about the basic principles of government and production or that they are informed and refuse to stand and fulfill their oath of office?

When we talk about "getting things done" in politics, what do we mean? Are we describing someone who is able to maneuver and succeed in reaching a compromise?

That approach rewards the politician, not the people.

He or she may be rewarded, but as long as we retain the system that confiscates property and reduces production, the people lose.

Our founders warned us about this. Yet we sleep.

As long as the system is allowed to grow, seizing more power and crushing more liberty each year, the politicians are doing our state and citizens no good.

We all know government power and waste increase continually. And we all watch as our agriculture and industry disappear.

Leaders must quit claiming victory when we slow this train down, as it heads for the wall. We have to STOP it.

Some may say that the people will not cooperate and support those in office. I think that is true today, but there are two problems.

First, what the people do or don't do is no excuse for leaders to be ignorant or silent.

Second, we don't know what the people would do if they had leaders bold enough to lead and to teach about the root causes of the problems we face. We should not be surprised when people get tired of trying to solve visible effects rather than root causes.

Think about it:

We ask our soldiers to risk their lives and limbs.

Some of our politicians may sometimes consider risking a little bit of their "political capital".

Disgusting.

Yes, I am offended.

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

Tuesday, July 21, 2009

Bernanke the destroyer


I would call Bernanke stupid, except I believe he and the rest of that bunch know exactly what they are doing. The intent is to destroy the capitalist economic system, leaving a feudal system in the aftermath, populated with serfs and elites. Bernanke believes he is an elite. He is confident you are not.




Tuesday, July 14, 2009

Economic Terms in Scripture

Normally I would read the following list and ask the hearer to consider possible labels for the category.

So far, I have found agreement that economics is a suitable heading for the list.

Next I ask where the list was sourced. The answers are always reasonable and sometimes correct, since it really is just a guess. Some say economics books, dictionary or Scripture.

The answer is Scripture.

The third question follows the list.

Profit
Gain
Exchange
Bought
Price
Forfeit
Repay
Costly
Redeem
Ransom
Redemption
Cost
Inherit
Calculate
Enough
Wealth
Sell
Buy
Value
Debt
Certificate
Cancelled
Talents
Possessions
Debtor
Gift
Free
Forgive
Credited
Account
Due
Wages
Treasure
Deposit


What are the subtopics within Scripture from which these terms were drawn? Please read the list and answer for yourself before advancing.




The subtopics are salvation and the relationship between God and man.

Matthew 16:26-27 “For what will it profit a man if he gains the whole world and forfeits his soul? Or what will a man give in exchange for his soul? “For the Son of Man is going to come in the glory of His Father with His angels, and will then repay every man according to his deeds. NASB95

1 Corinthians 6:20 For you have been bought with a price: therefore glorify God in your body. NASB95

1 Corinthians 7:23 You were bought with a price; do not become slaves of men. NASB95

Psalm 49:5-9 Why should I fear in days of adversity, When the iniquity of my foes surrounds me, Even those who trust in their wealth And boast in the abundance of their riches? No man can by any means redeem his brother Or give to God a ransom for him— For the redemption of his soul is costly, And he should cease trying forever— That he should live on eternally, That he should not undergo decay. NASB95

Revelation 21:6-7 Then He said to me, “It is done. I am the Alpha and the Omega, the beginning and the end. I will give to the one who thirsts from the spring of the water of life without cost. “He who overcomes will inherit these things, and I will be his God and he will be My son. NASB95

Colossians 2:2 that their hearts may be encouraged, having been knit together in love, and attaining to all the wealth that comes from the full assurance of understanding, resulting in a true knowledge of God’s mystery, that is, Christ Himself, NASB95

Luke 14:27-29 “Whoever does not carry his own cross and come after Me cannot be My disciple. “For which one of you, when he wants to build a tower, does not first sit down and calculate the cost to see if he has enough to complete it? “Otherwise, when he has laid a foundation and is not able to finish, all who observe it begin to ridicule him, NASB95

Matthew 13:44-46 “The kingdom of heaven is like a treasure hidden in the field, which a man found and hid again; and from joy over it he goes and sells all that he has and buys that field. “Again, the kingdom of heaven is like a merchant seeking fine pearls, and upon finding one pearl of great value, he went and sold all that he had and bought it. NASB95

Colossians 2:14 having canceled out the certificate of debt consisting of decrees against us, which was hostile to us; and He has taken it out of the way, having nailed it to the cross. NASB95

Matthew 6:12 ‘And forgive us our debts, as we also have forgiven our debtors. NASB95

Matthew 25:14-15 “For it is just like a man about to go on a journey, who called his own slaves and entrusted his possessions to them. “To one he gave five talents, to another, two, and to another, one, each according to his own ability; and he went on his journey. NASB95

Romans 6:23 For the wages of sin is death, but the free gift of God is eternal life in Christ Jesus our Lord. NASB95

Romans 4:3-9 For what does the Scripture say? “Abraham believed God, and it was credited to him as righteousness.” Now to the one who works, his wage is not credited as a favor, but as what is due. But to the one who does not work, but believes in Him who justifies the ungodly, his faith is credited as righteousness, just as David also speaks of the blessing on the man to whom God credits righteousness apart from works: Blessed are those whose lawless deeds have been forgiven, And whose sins have been covered. Blessed is the man whose sin the Lord will not take into account.” Is this blessing then on the circumcised, or on the uncircumcised also? For we say, “Faith was credited to Abraham as righteousness.” NASB95

2 Timothy 1:14 Guard, through the Holy Spirit who dwells in us, the treasure which has been entrusted to you. NASB95

2 Timothy 1:14 By the Holy Spirit who dwells within us, guard the good deposit entrusted to you. ESV


Much can be said about this economic correlation to spiritual and eternal things in Scripture. The implications are far reaching. It seems to me that in order to understand God's view of economics in spiritual matters, we must have a correct temporal view of economics.

I will save other commentary and illustrations for another time.