An "ism" for everyone

When will we learn?

This is a good video, which I understand to have been produced in 1948.

John Maynard Keynes

Following is an excellent compilation of quotes about Keynes prepared by Dr. David Noebel of Summit Ministries and posted on the Worldview Times website. Dr. Noebel begins with a recent quote by Larry Summers from the Charlie Rose show and then follows with a series of quotes about Keynes. Keynes and those around him clearly desire the destruction of the capitalist system, the family and all other forms of personal liberty and private property.

Note that Larry Summers is a "top" Obama "economic" "advisor"

- Shane

Worldview Times - John Maynard Keynes

John Maynard Keynes
(1883-1946)

Prepared by David A. Noebel
Summit Ministries

Posted on the Rush Limbaugh website, February 19, 2009.

Charlie Rose: "What idea, what person has most Influenced your thinking on how to deal with this mess?"

Larry Summers: "Keynes. Keynes and those that followed him." February 18, 2009.

1. "Veritas [foundation] feels that without doubt the following study will prove that the Keynesian 'system'-if it can be called a system-is the primary economics system being taught in Harvard. Veritas also feels that "Keynesian economics' is a misnomer. It is not economics. It is a leftwing political theory." Zygmund Dobbs, Research Director, Keynes at Harvard. New York, NY: Veritas Foundation, 1963. 2.

2. "Even Whittaker Chambers … admitted: 'The simple fact is that when I took up my little sling and aimed at Communism, I also hit something else. What I hit was the forces of that great socialist revolution, which, in the name of liberalism, spasmodically, incompletely, somewhat formlessly, but always in the same direction, has been inching its ice cap over the nation for two decades.'" Ibid. 3

3. "Keynesism is so-called after John Maynard Keynes, British economist (1883-1946). His teachings are today considered an ideological base for British and American Socialists." Ibid. 8

4. "No matter what phase of left-wing infiltration we study, be it in government, in information media, in foundations, in labor unions, or whether we deal with Keynesian socialism, neo-Marxian socialism or with Bolshevik communism, the tracks lead inevitably to Harvard University." Ibid. 8

5. "There are three main trends of socialist thought in the Western world. They are: the communist soviet brand; social democratic neo-Marxism; and Keynesian theories which are actually an extension of the [British] Fabian movement. Curiously, Keynesism proved to be adaptable to the Fascists as well as the Socialist world." Ibid. 10

6. "The socialist lectures conditioned the young minds to hate capitalism as an outmoded and cruel system; the second phase was to despise and distrust individual capitalists as exploiters and reactionaries who oppose social improvements; and thirdly the fledgling radical is hooked by clever 'scientific examples' and formulae which prove to him that the present social order is predestined to collapse and socialism is foreordained to take its place." Ibid. 13

7. "Almost the entire membership identified as belonging to the first Ware cell (Soviet spy ring-ed.) came out of the Harvard Law School: Alger Hiss, Nathan Witt, Lee Pressman, John Abt and Henry H. Collins Jr. Harry Dexter White and Lauchlin Currie were teachers (Economics teachers-ed.) as well as students at Harvard." Ibid. 14

8. "Today [British] Fabians use the teachings of John Maynard Keynes as their catechism of political economy. The American Fabians have slavishly installed Keynesism as the new faith, both in the Universities and in Government bureaucracy. To lay bare and dissect these premeditated deceptions is the true task of the political science of our day." Ibid. 40

9. "Hugh tax-free Foundations, such as the Ford, Carnegie and Guggenheim Foundations, backed by billions of dollars, became the nesting places of Keynesism." Ibid. 41

10. "At the age of 20 (1903) Keynes became a member of a Fabian group at Cambridge which was headed by G. L. Dickinson, a prominent Fabian Socialist. As an undergraduate, Keynes, imitating his father, expressed strong opposition to the principle of private enterprise (Laissez-Faire)." Ibid. 43

11. "This was in line with the general attitude of the Fabian Society, which favored government run by the Civil Service and not a government responsive to the electorate." Ibid. 44

12. "It was during this period (1913) that Keynes adopted the concept of eliminating gold as a standard of the monetary system of the nations of the world. His notion of a managed currency (that he sold F. D. Roosevelt on twenty years later) was an old socialist catch-call, espoused by the Fabians since the turn of the century. It is a fundamental concept of State-Socialism." Ibid. 44, 45

13. "Keynes did not keep his Socialist convictions to himself in those days. His opposition to the private enterprise system was well known to London society. Clarence W. Barron, then publisher of the Wall Street Journal, while in London in 1918, made the following observation: 'Saw Professor Keynes of the British Treasury…Lady Cunard says Keynes is a kind of Socialist and my judgment is that he is a Socialist of the type that does not believe in the family.'" Ibid. 45

14. "Singing the Red Flag, the highborn sons of the British upper-class lay on the carpeted floor spinning out socialist schemes in homosexual intermissions…The attitude in such gatherings was anti-establishmentarian. To them the older generation was horribly out of date; even superfluous. The capitalist system was declared obsolete, and revolution was proclaimed as the only solution. Christianity was pronounced an enemy force, and the worst sort of depravities were eulogized as 'that love which passes all Christian understanding.' Chief of this ring of homosexual revolutionaries was John Maynard Keynes…Keynes was characterized by his male sweetheart, Lytton Strachey, as 'A liberal and a sodomite, an atheist and a statistician.' His particular depravity was the sexual abuse of little boys." Zygmund Dobbs, "Sugar Keynes." See Goggle "John Maynard Keynes: Lavender & Bolshevik." Or http://members.tripod.com/~BioLeft/keynes.htm For further information on Keynes' homosexual behavior note A. L. Rowse, Homosexuals in History. New York, NY: Macmillan Publishing Co. Inc., 1977,271f. Also, Mark Skousen, The Making of Modern Economics: The Lives and Ideas of the Great Thinkers. Armonk, NY: M. E. Sharpe, 2001, 325

15. "In this same work [The End of Laissez-Faire] Keynes showed an early bias (1924) against savings and investments as economic virtues. From virtues he transformed them into evils…Fabian Socialists have long considered those who saved and invested as a stumbling block against the march of Socialism." Keynes at Harvard, 49

16. "Keynes concept of controlling society extends beyond political and economic matters. He even advocates social control of the number of children per family." Ibid. 49

17. "Keynes is a Socialist that does not believe in the family. Naturally, in order to control the birth rate the State must break up the family as an independent and free unit." Ibid. 50


18. "Margaret Cole, English Fabian revolutionary, has stated: 'We Socialists used Keynes and the U.S.S.R. as touchstones." Ibid. 60

19. "The entire Keynesian apparatus is based upon the principle of control and regulation by government…capitalism should now be regulated and controlled by a central authority…One of the central themes in Keynes' system is a condemnation of the principle of 'savings.' …Here is [Keynes] General Theory in a nutshell, with its trans valuation of all values. The great virtue is Consumption, extravagance, improvidence [not providing for the future]. The great vice is saving, thrift and 'financial prudence.'" Ibid. 63

20. "The concept of eliminating savings is not an economic one but a political one. If there are no savings there is no private money for investment. Without private investors the government must provide investment capital. If the government provides for investment it has the power to dictate the conduct and processes of those who need investment capital…All this is demagogy and claptrap. It differs from the Marxist brand only in technical detail." Ibid. 64,65

21. "Another major prop of Keynes' theory is Mrs. Joan Robinson …What Keynesians do not say is that this lady is considered in international communist circles as one of the world's outstanding Marxists. Mrs. Robinson has widely publicized the fact that the difference between Marx and Keynes are only verbal. She later wrote: 'The time, therefore, seems ripe to bridge the verbal gulf.'" Ibid. 68

22. "Keynesian leftists…are confident that a great national debt and continuing inflation plus enormous internal and foreign commitments assure the continuance of Keynesian operations for generations to come regardless who is in power." Ibid. 77

23. "Stuart Chase, representing the Fabian socialists in the United States proposed Keynes as the socialist ideal long before Keynes wrote the General Theory in 1936. Chase outlined the Keynesian principle of abandoning the gold standard in 1932…Chase called his book A New Deal. It was written in 1931 and published in 1932. Franklin D. Roosevelt borrowed this socialist slogan as a label for his administration." Ibid. 78,79

24. "Curiously, the authorities used by Chase in his book the Economy of Abundance (1934) were G.D.H. Cole, J.A. Hobson, Julian Huxley, Bertrand Russell, J. M. Keynes, John Strachey and H.G. Wells, all spawned by the British Fabian Society." Ibid. 79

25. "An analysis of Keynesism in the United States is incomplete without a discussion of the role of Harry Dexter White while Assistant to the Secretary of the U.S. Treasury. Harry White was considered by Keynes as the 'central figure' in Keynesian manipulations in the United States. White played a major part in organizing Keynes' pet project-the International Monetary Fund. In the interim Harry Dexter White was exposed as an active Soviet spy…To this day, Keynesians see nothing wrong in White's Soviet role…This eulogy of Harry Dexter White was printed three years after he was exposed as a Soviet spy-typical of the attitude of Fabian socialist elements toward the whole coterie of spies and Fifth Amendment communists in the United States." Ibid. 83

26. "The line between fascism and Fabian socialism is very thin. Fabian socialism is the dream. Fascism is Fabian socialism plus the inevitable dictator." Ibid. 87

27. "The Keynesian formula fits all totalitarianisms. Juan Peron's dictatorship in Argentina used the Keynesian technique as authority in economic and political matters…Nehru traces the beginning of his interest in socialism to his Cambridge days when the Fabianism of Shaw and the Webbs attracted him…The Nazis did admire the Keynesian theme whereby the government has authority over the whole economic life of the nation…Sir Oswald Mosley, current Fascist leader was a leader of the Fabian Society at a time (1930) when Keynes' ideas were already the officially accepted Fabian line." Ibid. 89, 90

28. "Shortly before his death Schumpeter concluded that the basic leftist ideologies are based not on science but on a vision." Ibid. 96

29. "At the end of his life Keynes wrote: 'We were not aware that civilization was a thin and precarious crust erected by the personality and will of a very few [actually by a governing class] and only maintained by rules and conventions. It did not occur to us to respect the extraordinary accomplishment of our predecessors in the ordering of life or the elaborate framework that they had devised to protect this order. We completely misunderstood human nature, including our own.'" A. L. Rowse, Homosexuals in History. 277

30. "By a continuous 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 confiscate arbitrarily: and while the process impoverishes many, it actually enriches some…the process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose." John Maynard Keynes, Economic Consequences of the Peace (1920)

Prepared by David A. Noebel, May 18, 2009
Summit Ministries, Manitou Springs, CO 80829

The Gift of Liberty

This is an exact copy (I edited the closing two paragraphs for clarity 12/24/2009) of a message I sent to friends in April 2008. It was not an edited document, but rather simply a message that I typed because this was on my mind, and quite frankly, I was a little more angry than normal about how my fellow citizens, my friends, are being abused.

You will see that I hold a Christian Worldview. I draw certain conclusions regarding liberty, government, taxes, etc. that may be the same as another person, but perhaps from a differing foundation or perspective; i.e. from a different worldview.

To those who are Christian, you will recognize the language and ideas. To those having another worldview, some statements and ideas will seem wrong by your measure. Thankfully we live in a nation that allows freedom of speech, which most certainly rests on freedom of thought. We each are able to choose our own filter through which we see the world.

While each person may have a different basis for his views, I believe that we all desire liberty; the freedom to live responsibly among others, living as we see fit within the reasonable constraints of society.

I share this text as a way of sharing the passion I have for the well-being and rights of the people in our state and nation. In the following text, the ideas presented are general because at the time I was refining my thinking and testing the conclusions which I had drawn.

After more than thirteen years of intentional study, thought and research I know with certainty, through the filter of math, reason and logic, the actions that we must take in order to remain free and strong as a state (Georgia) and nation. I look forward to opportunities to communicate, share and defend my conclusions and claims.

So here is what I was thinking one evening in April 2008.

April 6, 2008

If you recall the key focus of the American Steward Initiative, it is about repairing belief systems and damaged social structures. In my research I have uncovered what I believe to be the temporal systemic root of our problems. These discoveries present realities which are more painful and alarming than I imagined.

There is an intentional war being waged against liberty and we are engaged in the battles whether we realize this or not.

Perhaps you know this is true. That is not good enough. To have meaning and impact beyond trivia, this reality should be table talk in every household. The talk and beliefs should be rooted in knowledge and understanding.

These battles for liberty play out over the course of decades and generations. If as a nation we are unaware of what is really going on around us, then we lose by default. With regard to loss, I speak not of God’s Sovereignty over all, but rather of our responsibilities with regard to our call to be good stewards and Christ-like sons of our Father in Heaven. Reduced to a specific situation involving a choice on the part of the individual, we can easily construct analogies and examples that clearly show our obligation to make choices. I.e. Shall I stop a mugging?

We must take action. We must lead intelligently. We must know where we are going and why. We must know our obstacles; spiritual, temporal, historical, behavioral, geographical, economic, technological, ideological, political, social, systemic, beliefs, education, propaganda, resource, etc.

We must integrate education into the culture. This objective will involve low tech, high tech, media, books, cartoons, seminars and training sessions, etc. The call to action must be understandable and sustainable. Behaviors must change, but calling for change is meaningless without a clear understanding of the problem, a clear solution and a workable, realistic and step-based plan to achieve change and reach the goal.

In the past I have asked: “How many people are sitting on the deck, watching the bright blue sky, while the ship sinks?”

What good does it do to swab the deck, polish the silver, tuck the baby in the crib, plan tomorrow’s breakfast menu, etc. if we are onboard the Titanic? If the ship is sinking, our apparent security is but an illusion at a point in time.

Study history and one will find that the enemy of liberty is real and effective. Do we, today, have the wisdom and fortitude to respond?

Oppressive institutions win over time by wearing people down. Oppressive institutions must be purged at minimum and often must be destroyed.

Have we really done our job in education if students receive a diploma, or more so leave our homes, without understanding the raging battle for sovereign control over their own, personal life, liberty and property?

In this age, established sovereign control over these three elements shall belong to the ruling class or the individual. Apart from constant vigilance, a perverse ruling class will win. Your life will be owned by another. Your liberty will be defined not by law, but by another individual. Your property will be deemed to be or not to be by whim of the powerful.

The 20th Century terminated upwards of 100 million lives at the hand of a perverse and destructive ruling class. These powers currently lay claim to life, liberty and property of billions more.

Imagine, dear friends, boldly claiming to provide for your family and their future while a hidden tube is attached to your vein slowly drawing the blood from your body. While your spirit may be strong, soon your body will be too weak to provide. Your strength will be slowly, but completely, taken from you. Your claim and desire to care for those you love will become nearly meaningless.

America is being robbed and used.

Not only are the wealth, morality and beauty of America being slowly drained by corrupt and ungodly practices, America and her citizens have been used. We have been made unwilling dupes in a plot to deprive people of life, liberty and property. I know what that looks like. I have personally experienced being the specific individual who wanted to do what was right, who worked hard and sacrificed for a false objective, only later to find I had been manipulated into supporting evil. That, my friends, is a very bad place to be. This very thing has been done to the citizens of the United States of America.

Is our ship sinking? If our view is simply that this degradation is what is called for in scripture, then Nero should have been only the beginning and the middle ages should never have ended; those oppressed people should have done nothing, since the end was obviously near. The truth is that brighter days did lie ahead and much good has been done because of the labors of strong Christian leaders and by others who adhered closely to the Judeo-Christian God’s guidance on liberty.

There are specific problems that must be corrected – or else those who love liberty lose. There is a hole in our ship, below the water line. The ship is not just a metaphor. It is a metaphor for the actual reality that you and your children and their children do experience or will experience. We have a serious, life and death, real, actual, tangible problem facing us.

We argue over policy and rules about how to manage the ship, fighting amongst ourselves, while the actual enemy destroys the very ground on which we stand. And do you know what else? They are laughing at the American serfs; and the term serf includes everyone who is not currently wielding useful power, deployed in the service of the ruling elite.

If an actual ship is sinking, what are the first five things that should be done, ordered by priority? Perhaps more to the point, what would not be on the list of activities? What are we doing today that doesn’t matter until the ship is made seaworthy again?

We may be able to take action and win the great battle of our generation, but there is no chance whatsoever if we deny the conflict, are not on the field of battle and don’t know our enemy.

We must act. We must intelligently engage.

If we are without glorious days of freedom and liberty between now and the end of the age, let it not be because we failed to vigorously pursue and fight for those bright, good and productive days. Let us wrap the gift of liberty and place it under the Christmas tree for our posterity, in remembrance of the One who makes men free. Can you see with your mind’s eye the light that would burst forth from a gift of liberty; a package held in the tiny hands of a child or the strong hands of a young father? Imagine the grandfather on his last Christmas finding that liberty had indeed been secured, for another generation, in the hearts of the people; incorporated once again in a limited government which derives its just powers from the labor and consent of the governed.

This possibility shall soon be lost if we keep our present course. Instead, a tattered box in a cold house will be opened to find only grief, pain and need. I acknowledge with gladness that the light of Christ always shines through and many miracles accompany the persecuted church. Even so, let’s secure our freedoms while we have strength to win, rather than wait to incur wrath when we resist, because resistance is all the power we have left, having failed to overcome when we could have made a difference and achieved victory.

Regression to Productivity

Based on math, reason and logic the argument I am presenting here can be sustained.

The intent in this article is not to prove the claims, but simply to state them in simple terms.

If you disagree, please begin by explaining your case for how our current system is working well and is not to blame for the current bust.


Very simply put, money must always originate through voluntary exchange of a commodity which initially has other uses.

A simple paradigm breaking example is butter. It begins as something that people produce to serve a particular purpose and then, because of certain attributes like fungibility, divisibility and reasonable durability, it rose in some markets as a commodity used in indirect exchange, i.e. money.

Which came first, a) the usefulness for other purposes, b) usefulness as a commodity for indirect exchange or c) were these uses concurrent? In the case of butter, the rise to money would be sequential, while in the case of gold or silver, I consider the rise concurrent.

In either case, the commodity is the original money because government cannot introduce an unlinked currency to market. The link always regresses to a commodity which was respected and accepted in exchange because of various attributes, number one among them being the productivity filter. There was no need for a government agency to ensure the "value" of a commodity that everyone clearly understood required productive labor to acquire.

Compare these two questions:

Hey buddy, did you just get that gold out thin air, or did you work for it?

Hey buddy, did you just print that dollar, or did you work for it?

The gold had to be mined. The paper costs nearly nothing to produce. In a matter of milliseconds enough "dollars" can be produced to buy entire countries. Try that with gold or any other natural money. Society can't get around the productivity filter with natural money.

Today we suffer under the abuses of an unlinked fiat currency. This means the government does no work in order to produce their claims to our labor. Fiat money is also called costless money.

Prior to that we had a linked currency, i.e. notes that were linked to a reserve of gold and silver. With our linked currency there was at least the claim that some quantity of gold or silver was stored somewhere that someone worked to produce.

Prior to that we had the age of coins. These were diluted with base metals as a crude and unsophisticated form of inflation. The king would collect 100 gold coins in taxes, melt them down, mix in some cheap base metal and then produce 150 new coins to spend. Basically if the coins were purified and separated, the king would have the 100 original coins which would spend fine, but then also 50 coins made of tin. The effect is the same as if he came to purchase goods from you using his 50 tin coins (covered with gold paint of course) and expected you to treat the tin as though it were gold. Spending the tin as though it were gold is no different when a little is mixed in with every coin than it is if it all resides in a few. It is theft either way.

Prior to that were commodities. Natural money, honest money, sound money. People used gold and silver, sometimes copper or other commodities, as a medium for efficient indirect exchange.

And prior to that came productivity. One person raised sheep, another wheat and yet another mined gold and silver. There would be no gold to trade unless someone dug it up and refined it. That is hard work.

I am aware of no case in which a government has ever successfully introduced a money token that was not dependent on a commodity, which was originally introduced in voluntary exchange and secured by the productivity filter.

Therefore, when the government decrees quantities of costless money, they are actually decreeing their claim to your productive labor and through this decree of quantity, the government demands and ensures confiscation of your property by force.

We must understand that no productive labor is exempt and no one can opt out of working specifically for the destruction of what they hold dear, unless they are among the few whose goals are in alignment with the actual and intentional product of our present monetary system. To support this costless money system, which bypasses the productivity filter, is to promote systemic theft and scheduled destruction of nations.

Keynes at Harvard

Keynes at Harvard

From Worldview Weekend with Brannon Howse:

Guest: Dr. David Noebel

Description:

Brannon and Dr. Nobel describe Obama's Fabian socialism that is destroying America. Fabian socialists are in favor of world government so now we know why certain world leaders are talking about a world currency.

Why do Fabian socialists love John Maynard Keynes who founded Keynesian economics? Americans need to understand that this socialist, Keynes, believed the way to implement socialism was to grow debt, print money and inflate the currency in order create inflation in order to steal from the citizens without them knowing their property was being stolen.

Many members of the U.S. Congress agree with Keynesian economics which explains the financial mess in which we find ourselves. How many and what members of Congress belong to socialist organizations?

What universities in America have Fabian socialist clubs that have graduated many of America's leaders? What world leaders are Fabian socialists?

What is the Christian worldview for economics in contrast to Fabian socialism and Keynesian economics and much more.

Money By Decree

This is a discussion about money which references Scripture and is addressed to Christians. Because the argument can be made from other starting points, the principles will stand for any thinking person, but the Scriptural basis will only be valid for those who hold Scripture to be the written word of God, as do I.

The Bible tells us that we must not use differing weights and measures because these are an abomination to God. With a little study we find that the use of differing weights and measures is a violation of the eighth commandment.

Exodus 20:15 “You shall not steal. NASB95

Let's begin by describing how one would use "differing weights and measures."

Imagine that I am a merchant who purchases grain from farmers. I own the baskets and the scales.

If my basket is marked as a bushel, but is actually a bit larger than a bushel, then you have to give me too much grain before I agree that you have supplied a bushel of grain.

If I were buying by weight, then I would have a metal disk that is marked one pound, but actually weighs more than one pound. With this setup, you have to put too much grain on the scale before I agree you have supplied a pound of grain.

In each case I will pay you as though you gave me one bushel or one pound..

In each case you will have given me more than one bushel or more than one pound.

You will have been cheated. After all, if the advantage were yours, it would be a gift, which I would want you to know about.

Following is Scripture which addresses this particular form of fraud and theft.

Leviticus 19:35 ‘You shall do no wrong in judgment, in measurement of weight, or capacity. NASB95

Deuteronomy 25:13-16 “You shall not have in your bag differing weights, a large and a small. “You shall not have in your house differing measures, a large and a small. “You shall have a full and just weight; you shall have a full and just measure, that your days may be prolonged in the land which the Lord your God gives you. “For everyone who does these things, everyone who acts unjustly is an abomination to the Lord your God. NASB95

Proverbs 11:1 A false balance is an abomination to the Lord, But a just weight is His delight. NASB95

Proverbs 20:10 Differing weights and differing measures, Both of them are abominable to the Lord. NASB95

Proverbs 20:23 Differing weights are an abomination to the Lord, And a false scale is not good. NASB95

Micah 6:11 “Can I justify wicked scales And a bag of deceptive weights? NASB95

Money and Differing Weights and Measures

There is a concept known as legal tender law which controls how we use money. Basically legal tender laws state that a certain money unit must be used and accepted at face value. (This is not good or right...)

So here is how this bit of positive law plays out:

Imagine that you have a gold coin which is marked "10" and was originally "coined" with ten units of gold having a given purity.

There are four basic things that can happen to this coin to change its gold content relative to the stamped or engraved quantity.

1. It may be worn over time which is a natural process and which is harmless if the coin (more properly the unit of gold) is traded by weight.
   (See Money and Scripture)
2. It may be clipped, which is to say a bit of the coin is scraped or shaved off and collected by the person doing the clipping.
3. It may be diluted by melting the coin, mixing in a cheaper base metal and then recasting a new coin with less gold, but the same markings.
4. It may be a consistent weight of gold, but be melted down and then given a larger nominal value stamped on the outside.

Now imagine that I owe you 1000 units of gold. I deliver to you 100 coins marked "10", but all of these coins have only 90% of the gold indicated by the markings.

By law you have to accept these coins as though I paid 1000 (100 X 10 = 1000) units of gold, when in fact I have only paid 900 (100 X 9 = 900) units of gold.

Fundamentally, what has happened is this:

The government has issued a decree that states the coins which contain nine units of gold actually have ten units of gold. In essence they have claimed to have created ex nihilo (from nothing) a unit of gold.

The government has decreed, with the stroke of a pen, the existence of an extra unit of gold.

Decree: an order, usually having the force of law

Anyone else would have to own property and operate a mine in order to bring new gold to market. The government simply decrees its existence.

The decree of gold by government is a critical point because in all cases fiat and fractional currencies depend, for their very existence, on an original commodity which was voluntarily accepted by the market for use in indirect exchange. The US Dollar began as 371.25 grains of fine silver and eventually was tied to gold. This tie was damaged in 1933 and broken in 1971. But the dollar could never have been introduced to market except by being relative in value to a natural money (like gold or silver) or something which ties historically back to a natural money.

The decree of gold by government is also a critical point because what is actually decreed is a quantity of natural money. This logic holds true all the way through today, in 2009, with fiat and fractional currency.

The government never decrees value of money tokens or even sound money (well, when they try the market smashes them in the ground and laughs). They can only decree quantity.

Decree of quantity affects value because of the law of supply and demand.

The greater a quantity of a commodity, the less valuable each unit is. Therefore by creating more units of money by decree, the value of each unit declines.

For a simple example, imagine the hottest toy with which you have ever had any experience. Maybe a few marbles or an X-Box. Without thinking about money or purchasing, imagine a room of 20 kids; in that setting three or four marbles or a couple of X-Boxes would be in high demand.

However, imagine if there were hundreds of thousands of marbles of all sizes or tens of thousands of X-Boxes. The same kids who would fight over one or two, in a room with thousands would go home happy while leaving nearly all of the excess units in the room.

As supply increases, the marginal value of each additional unit decreases.

Decree of Quantity

Therefore we can make some observations and draw some conclusions.

1. Through inflation and bailouts, the government is decreeing a quantity of money tokens which tie back to gold, silver or some other commodity; i.e. natural money.
2. By decreeing a quantity of money tokens, government is actually decreeing a quantity of natural money; i.e. decreeing gold or silver out of thin air.
3. Commodity money provides a productivity filter, i.e. requires productive labor to be expended in order to introduce the commodity to market.
4. Therefore the government is actually decreeing a quantity of productive labor. (See Purchasing Power and Productivity)
5. Therefore the government is decreeing a particular kind of productive labor, i.e. profitable labor which produces more than it consumes.
6. Therefore the government is, by decree, laying claim to the labor and creativity of the most productive members of society.

Summary

Natural money which actually exists provides, by its nature, a productivity filter. Government fraudulently claims to create, by decree, a quantity of natural money; however, only costless new money tokens are produced. Bypassing the productivity filter, this fraudulent costless money filters out loss and transfers only profits from producers to the favored groups who receive and use the additional quantity of costless money first.

(See The Purpose of Inflation)

Cloward-Piven Strategy

Topic: Barack Obama is Destroying Our Economy on Purpose.

Text from Worldview Matters with Brannon Howse:

Description: A pair of radical Columbia University professors by the name of Richard Andrew Cloward and Frances Fox Piven wrote an article in the radical magazine known as The Nation. The article was published on May 2, 1966 and laid out what is now known as the "Cloward-Piven Strategy".

The plan calls for the destruction of capitalism in America by swelling the welfare rolls to the point of collapsing our economy and then implementing socialism by nationalizing many private institutions.

Cloward and Piven studied Saul Alinsky just like Hillary Clinton and President Obama. Listen as Brannon and his guest James Simpson explain how Cloward and Piven inspired the creation of ACORN that Obama worked for as a community organizer.

This interview must be e-mailed all over the country. Americans must awaken and understand the goal of these radicals and what is to come if they succeed. Time is of the essence. Obama is not over his head as some have claimed; he knows exactly what he is doing. Understand the Cloward-Piven Strategy, the rules of Saul Alinsky and their Cultural Marxist worldview and you will understand that what is occurring is not by mistake.