Guns, Gold, Secession

Karen De Coster:

Guns, Gold, Secession. - There is a secession movement afoot and its proponents are determined to put a halt to the federal government’s ambitions to destroy and reconstruct an entire economy and dissolve the last remnants of individual liberty. Twenty-eight states are invoking the law of the land, the U.S. Constitution, by rolling out legislation to assert their sovereignty as free states in order to keep from being undermined by the never-ending swarm of unrestrained federal decrees.

Another Question for Gordon Brown

I found another question on the London Summit 2009 social networking site:

Gordon Brown, The only real cure for a depression is a depression. Why are you focused on rescuing sick banks and industries, ignoring the lessons from the Weimar Republic, the Great Depression, and the Japanese quagmire? Everything you are trying now has been tried before, without success and immeasurable additional harm to boot. If bailouts are to be, then why not bail out the British citizens, who have to bear the consequences of your debasement of the British pound? Also, why not replace all 20 fiat currencies at the forthcoming meeting and substitute them with a gold-based currency?

You may vote for the question by clicking the link below and clicking on the TV like box that says "vote":

http://www.yoosklondonsummit.com/question_share_this/1740/The_only_real_cure_for_a_depression_is_a_depressio.aspx

Constitutional Tender Act

Franklin Sanders in his daily commentary (or sometimes daily commentary) reports, "Susan & I took off for Atlanta last night, about 6 hours away on word from a friend with the Constitutional Tender Act www.constitutionaltender.com. Georgia Rep. Bobby Franklin entered the act which requires the state to perform its duty under US Constitution Art. I, Section 10 to make nothing but gold and silver coin a tender in payment of debt. Today the House Committee on Banks & Banking held a hearing,& the bill's supporters asked me to testify.

Needless to say, the banks will fight it tooth & toenail, because they don't understand it. If they did, they would support it as it offers the only chance for them to survive. Listening to the banking lobbyists specious objections,it dawned on me: Their time is past. A wave of revulsion against fiat money & uncontrolled fractional reserve banking will become a tidal wave as the economic crisis deepens. Within two decades at most, the fiat system will be dead, and with it, banking as we know it today.

The group behind the bill made stunningly adept & forceful presentations. It was an historic occasion, one I have longed to see for over 40 years, a state legislative body seriously listening to the requirements of constitution & common sense. Thank God I was privileged to witness it!
Mark this, and remember: we are witnessing the end of fiat. We will see silver & gold restored as money, & with them, lasting & stable prosperity. But first the old must die."

Why Doesn't Ron Paul Ask Crucial Questions?

Chris Powell of GATA writes a very good article about how Congressman Ron Paul could be more productive in his time allotment on the House Banking Committee. It is posted below.

Dear Friend of GATA and Gold:

As grateful as many of us are to U.S. Rep. Ron Paul for articulating, almost alone in the federal government, the monetary issues at the center of the international financial catastrophe, we might be even more grateful to him if he could sharpen his performance at the hearings of the House Banking Committee, at which he has not made the most of his many opportunities to interrogate Federal Reserve and Treasury Department officials.

Time for each committee member to speak at these hearings is very limited, and unfortunately Paul usually spends most of his time making speeches rather than asking crucial questions, even as those crucial questions must be well known to him. Just watch again his exchange at Tuesday's hearing with Fed Chairman Ben Bernanke, which GoldSeek posted here:

http://news.goldseek.com/RonPaul/1227028538.php

The exchange is 5 minutes and 15 seconds long and Paul uses 4 minutes and 9 seconds of it, most of that time just speechifying, only a few seconds of it asking questions. Too bad, because Paul still got a couple of important disclosures out of Bernanke -- that the prospect of a new international reserve currency never comes up in Bernanke's discussions with the central bankers of other countries, and that the only mention of gold in those discussions involves the plans of central banks to sell their gold reserves.

Of course those who follow these issues long have known what Paul thinks and don't really need to hear it again at these hearings. What is most important at these hearings is what the Fed, the Treasury, and other central bankers are doing and what they are trying to conceal from the public and the markets.

Imagine if, instead of speechifying for 4 minutes and 9 seconds on Tuesday, Paul had sought to press a few more questions, like:

1) Are the Fed or the Treasury intervening or encouraging or subsidizing certain actions by others in the precious metals and general equities markets, just as the Fed and Treasury commonly intervene in the currency and bond markets?

2) Does the U.S. government have any connection to the derivative positions in gold, silver, and interest rates built up at JPMorganChase and other financial houses?

3) Why is the Federal Reserve refusing to disclose all its records involving the U.S. gold reserve?

4) How often does the President's Working Group on Financial Markets meet? What does it do? Does it intervene in the stock market or encourage certain actions in the market by third parties? Does it keep records of its proceedings? Are those records available to the public? If not, why not?

5) Do the Fed and the Treasury convey to certain financial houses information that is not simultaneously available to all other market participants? Exactly what private communications do Fed and Treasury officials have with financial houses? What is the necessity of that privacy? How does that privacy not confer a favoritism that is potentially very lucrative?

Surely Paul himself could frame all these questions and many better ones without any help. Instead he always digresses and then at the last minute tiptoes up to a big issue only to have time run out with the Fed and the Treasury witnesses saved by the bell. Even as Paul knows better than nearly everyone else in Washington, it is hard not to wonder if he is afraid of being the one to prompt the answers he very well might get.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Memorandum of Law on the Money Issue

Larry Becraft has written a very interesting Memorandum
of Law: The Money Issue.

"This brief discusses this issue at length for the purpose of conclusively demonstrating the premises that constitutional money in our country can only be gold and silver coin and that the States are constitutionally compelled to operate on a specie basis. It is the contention herein that Article 1, § 10, clause 1 of the U. S. Constitution is an absolute prohibition upon the States which cannot be circumvented by permission or command of the federal government, and that such provision prohibits the States from utilizing any paper note or credit issued by any private banking institution, whether the same be Federal Reserve Notes, bookkeeping entries of liability or otherwise."

Evil Schemes And The Merchants Of Debt

Hans Schicht

Evil Schemes And The Merchants Of Debt - In the light of the mention on the web of possible nationalization of the US precious metal mines, there are easier ways for a government to get possession of the nations gold rather than by expensive, inefficient, bureaucratic, and cost inflating nationalization.

In order to make good for the "deep storage" bullion of Fort Knox, not accounted for, the most subtle course of action for the US government will be to establish a Federal Gold Bank, under the Federal Reserve, to which all the US gold mines will be obliged to surrender their production against a, by the government established, price.

Internationally, in order to protect their own respective gold hoards in their national interest, most other nations, "guided" by their Central Banks, will most likely replicate the US action. In such way the Central Bank Cartel will keep the bulk of the world's gold stock under its control. Against freely competing gold outside their control the Central Banker's fiat paper scam would not survive for long and they know it!

The Shearing is Nearing

Dr. Edwin Vieira, Ph.D.,JD:

The Shearing is Nearing - One reason why patriotic Americans are accomplishing precious little in reasserting control over their country, while the Establishment steadily advances its agenda on almost all fronts, is that patriots are not taking advantage of their overwhelming numerical superiority in the places where they can best bring it to bear. Instead of joining together for effective ­indeed, potentially unstoppable -political, and particularly legislative, action in favorable venues at the State and Local levels, all too many of them are sitting out the contest as mere spectators.

Ron Paul Interview

Congressman Ron Paul of Texas was recently interviewed by Al Korelin.

Ron Paul sits on the Banking Committee in The House of Representatives. He makes an interesting comment. Members of the committee actually believe that the US Dollar is backed by gold. This is incredibly naive thinking.

The dollar has not been attached to gold since Nixon closed the gold window in the early seventies...and even then it was only superficially associated with gold.

Here is a link to the interview with Ron Paul.