On a recent podcast, Glenn Beck interviewed world-renowned economist Richard Werner on economics.
Werner said, among many other things, “Banking is slightly illegal.” He also illustrated how and that it is illegal in numerous ways, however, never addressed exactly why it is illegal, why it is criminal, or what the effective solution is. A solution as big as the problem.
There are two points that Werner avoided discussing, the definition of wealth, and how wealth is stolen through banking.
G. Edward Griffin wrote “The Creature From Jekyll Island” to expose the criminal workings of our national and international central banking systems.
Congressman Ron Paul wrote an endorsement for this epic 1994 work, (which is in its 5th edition, and 42nd printing.)
“A superb analysis. Be prepared for one heck of a journey through time and mind.” Ron Paul.
Ron Paul also led a movement to “End The Fed,” which was the title of his 2009 book. In this book Paul further exposes many of the dangers of fiat money and though the title demands an end to the Federal Reserve, yet he never quite offers a way to end it.
The bottom line is that money is not wealth and contrary to the belief of many, capitalism is not the engine of a free economy. It simply facilitates the ease of trading goods and services in a free market economy.
Wealth is the product, the goods and services produced by people, and a free market is the best, most conducive environment for the creation and distribution of wealth.
Money is a medium of exchange that can facilitate the ease of transactions. It is able to facilitate easier wealth transactions, but it can also be used to separate the producers of wealth from the wealth they created and divide it among those who have not earned it.
According to Mr. Werner, this is the main function of banking, especially “central banking,” and why, “Banking is slightly illegal,” (I would say more than slightly illegal.)
The framers of our Constitution were not ignorant of the benefits and dangers of fiat currency. They recognized these truths and addressed them in the Constitution’s very first article, making the early American economy one of the richest economies in the history of the world.
Until the Federal Reserve Act of 1913, there was in America, no official, (legal) avenue for one person to separate another from their wealth without committing an obvious crime.
The Federal Reserve Act changed that by appearing to “legalize” central banking. It did so illegally and in an unconstitutional, and even anti-constitutional way.
This act amended Article 1, sections 8 & 10 without, yea, even in defiance of the Article V amendment process.
We are now living in a “post-constitutional era” (Mark Levin,) because “we” are ignoring and violating the Constitution of the United States of America, not because it has lost its authority. The violation of existing laws does not make the laws any less authoritative, it makes the violators criminals.
I believe there is only one way to restore America to a constitutional era and that is to return to the Constitution. Ignoring its requirements and that they are being violated will never produce fruitful results. Maneuvering through the unconstitutional minutia of modern central banking will never bring us back to honest money.
An Article V convention of states, (for the purpose of amending the US Constitution,) is the only constitutional way to restore the provisions of Article 1, sections 8 & 10.
An amendment, or amendments that would abolish the Federal Reserve and restore gold and silver as the only official “money” of the USA could be passed and enacted.
This would de-authorize the theft of Americans’ wealth by non-producers, and restore wealth to its rightful owners.
John Adams is quoted as saying, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”
His son, John Quincy Adams later said, “Duty is ours, results are God’s.”
We can either recognize these truths or continue to ignore them. We can either act upon them or suffer the consequences. The Constitution will not restore itself. It is Americans who must do it or it will not be done.
No Congress will ever abolish the Federal Reserve and restore gold and silver as the only official “money” of the USA because it would make deficit spending impossible and reduce their power. No President will ever sign such legislation into law because it would hinder their grip on power. Congress and presidents enjoy too much power by the abuse of fiat money and can share in too much of the stolen wealth to ever walk away from such power and affluence.
Only the decentralized actions of state legislatures can be insulated enough to amend our Constitution in such an effective way. Only the convention of states option of Article V removes Congress, governors, and presidents from the process, giving ordinary Americans the power to make these restoring corrections.
Then, only through a spiritual revival can a “moral and religious people” return America to the status of the greatest economy on earth.
Rising generations of Americans must be educated about their spiritual and national inheritance if we are to experience such a revival.
I have written two series of articles intended to address these issues. You can find them through the following links.
God bless you, Dave
“Any power that government takes from the people, it will never return voluntarily.
Every power that government takes will ultimately be abused to the maximum extent possible.
Nobody ever complied their way out of totalitarianism, the only thing we can do is resist.”__Robert Kennedy jr.