WHAT ARE OUR PRIORITIES?
Who’s kidding who?
Basically, there are three broad classifications of spending.
1st. There are essential expenditures, 2nd, there are nonessential expenditures, and 3rd, there are luxury expenditures.
Let’s consider them separately.
1st. Essential expenditures are those that we can not live without. These are the most important items in our lives. Items that if we don’t have them, we may cease to live, such as food.
In a bygone era, the production of these items was called “work.” A husband and father’s most pressing need was to produce food and other essentials for his family. The value of these items was the greatest of all needs, therefore, if these items were to be purchased from an outside source, that supply should be regarded as premium.
2nd. Nonessential expenditures are things that are not essential to life but contribute to a richer, and more fulfilled existence. They might make aspects of producing food and other essentials easier, or more effective and/or efficient.
3rd. Luxury expenditures are those that we not only can live without, but they do not even make the acquisition of, or the preservation of essentials easier, or more effective and/or efficient. They are items, or services that stem entirely from carnal desires.
Forces of human nature have discouraged this basic view of what we spend our money on. Today, we are often much more likely to spend the majority of our resources on nonessentials, or even luxuries, believing that the essentials of life are “owed” to us. We have a “right” to them. Often “we” expect our government to provide them to us.
We might go to the auto dealer and explore the purchase of a new car to the tune of tens of thousands of dollars, or even in excess of $100,000 while complaining about the cost of our food.
The farmer who is struggling to pay the taxes on his farm suffers due to the unwillingness of his neighbors to pay more for their food.
An entitlement mindset has been cultivated in modern societies that nurture this misconception.
Trust me, I know that even in the market of essentials there are wicked forces at work. Most often, the supply chain (producers, wholesalers, retailers, and transportation,) often facilitates that the producer walks away with the smallest piece of the proverbial pie.
This being said and expanded to include “financial services,” those that manage the currency that acts as our medium for exchanging the value of these essential, nonessential, and luxury goods and services often demand extremely large shares of the wealth produced.
Keep in mind that the wealth was created by the “producers.” All other entities, wholesalers, retailers, transporters, and financiers would have no access to this wealth if there were no producers, yet often the producer walks away with a minuscule share of the wealth he created.
Often the financier secures the largest share for himself. How is this possible?
It is possible because our society has degraded the stature of the producer and lionized the financier. Our society holds great respect for those that can accumulate great wealth without getting dirt under their fingernails.
This mindset enables the “respected” financiers of the world to have great latitude in their professional endeavors. Our society does not want to believe that these highly respected professionals are simply lazy crooks. Therefore, they are left free to execute the most diabolical deceptions on their neighbors with little to no criticism, and certainly too little accountability.
This is how the “Creature From Jekyll Island” was able to facilitate the violation of the US Constitution in passing the Federal Reserve Act, and why President Woodrow Wilson enthusiastically signed it into law. It effectively made surfs out of the wealth-producing portions of American society.
We are now living in a time where the rubber is meeting the road. The chickens are coming home to roost. The bill is coming due, and it is all over but the crying, if we do not soon correct this situation.
We must end the FED, and return to real money, gold and silver, minted according to the authorization of our Congress.
The “intelligent” among us are either dismissive of the possibility that they have been, or are being deceived, or they recognize the benefits of the deception and want it to continue. I see little possibility of a third option
God bless you, Dave
“Duty is ours, results are God’s” John Quincy Adams
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