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My message to Gen X'ers and millenials
The political climate today is absolutely frightening. I go online and all I see is dumbed down young people calling for a socialist revolution, or ivory tower feminists telling me that I need to check my white male privilege like I really owe them something, or George Soros backed social justice warriors telling me that black lives matter but that random cop killings are perfectly justified.
Well, I've got news for you! You're all being used. The Democrat politicians, George Soros and the crony capitalists all want you to stay poor, dumbed down, fighting with each-other over nonsense and ready to riot. Pressure from above and pressure from below. That's how the controllers operate. As Rahm Emanuel once said, "Never let a good crisis go to waste". For more information, I suggest you go to Youtube and watch some videos on "The Cloward and Piven Strategy".
I'm a baby boomer and I'm actually disgusted by the fact that the people of my generation decided to bankrupt the country, destroy our economy and corrupt our morals. I never supported any of these disastrous policies, or the politicians who were making these decisions.
However, it was the responsibility of Gen X and the millennials to get educated, get organized and then stand up and demand real reform. Instead, you morons were too busy ** around on social media and ** sites while the baby boomers were burning down the country.
You morons grew up with the internet so you had free access to truthful political information that I had to acquire from books that I spent thousands of dollars collecting. The fact that today's young people support ** socialists, communists and globalists like Barack Obama, Hillary Clinton and Bernie Sanders tells me that, collectively, you Gen X'ers and millennials are brain dead. If you people really think that our decaying and bankrupt socialist system can ever be fixed with even more layers socialism than you have absolutely no future.
In less than two months from now we'll be having the most important presidential election of our lifetimes. Donald Trump my well be the last presidential candidate you'll ever see who will actually stand up for poor and working class people. My advice? Get informed and vote wisely. This may be your last chance..........
The reason why the fed can't raise interest rates is because any increase over 5% would make the interest payment on the national debt so astronomical that it would bankrupt the country. Military spending and social security payments would be crowded out of the budget and that would be disaster! That's why I call for a full default on the national debt. It's a fraud anyway so why should we be forced to finance this elephant in the room. The constitution gives the federal government the authority to coin money interest free. So why do they have to borrow money at interest from private banks? That's why the national debt is a fraud that must be repudiated. Also the housing bubble and the Wall St. banks who created it must crash and burn before we can have an economic recovery. That's why the fed needs to be abolished ASAP.......
Forcing the country to borrow money rather than coin it keeps the federal government from expanding by providing a "cost" for money, the same way interest rates limit the cost of housing. If you allow them to coin money with impunity, they will do so any time they want to expand any program, and we will no longer have control over the size of the government. Unless you want to head to the grocery store with a few thousand dollars to get milk and eggs, this is not a solution. Your whole argument only further reinforces why we need to reign in spending and reduce the national debt.
Going back to the gold standard, as the constitution mandates, would stop the government from printing too much money. In fact, right now our federal government is so far in debt that not one cent of the principal can ever be paid back. Also, this money is owed to private international banks who will have a claim on our national assets when we default. Better to let the treasury print our own money debt free and interest free. That's how Lincoln financed the civil war and that's how Hitler successfully financed his rearmament of Germany. In both cases, not a penny was added to the national debt. Cutting out the banksters from getting involved in financing the government is just common sense. The inflation problem under that system wouldn't be any worse than it is now. The fed creates both debt and inflation. That's as bad as it gets............................
The constitution doesn't mandate the gold standard, it mandates that states may only use gold or silver coins as legal tender so they don't create their own currencies. It also gives the government the power to create and regulate the value of currency in section 8 of article 1. I do support going back to the gold standard, though. But by its very definition, it wouldn't allow the government to print more money instead of borrowing it. It would prevent the government from printing extra money period, because they wouldn't be able to increase the supply of money without having gold in corresponding quantity to be able to cover for it.
If gold and silver are the only forms of legal tender than that is exactly what the gold standard actually is..................
The paragraph that you were referring to in section 8 article 1 of the constitution says, "The Congress shall have Power To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures". This clause originally prohibited the treasury from issuing coinage for common use in any other form but gold and silver. By extension, I would think that it would prohibit the federal government from accepting payment in no other form but gold and silver. Nevertheless, this clause has been used and abused over the years ultimately giving us the unconstitutional 1913 Federal Reserve Act.