' PRIVATE BANKING '
This concept of ' Life, Liberty and the Pursuit of Happiness ' was ingrained as an extension of their religious roots found within the 613 Biblical Commandments, Judgments, and Statutes that
lay at the core of Western Christendom! Many of those who carved a homestead within the wilderness forests and open prairies believed they had a cultural mandate fortified by the
' Will to Win ' !
As each Colony took on its political existence, money was spent into circulation according to the needs of the people pursuant to The Divine Economic Standards set forth by Moses at Mt. Sinai. In short, Our Colonial Forefathers well understood that ' debt & taxes ' takes money out of circulation, therefore they vehemently opposed ' interest/usury ' debt obligations knowing it weakened the money supply causing even more borrowing, debt & taxes! As a result of following the Biblical example, our Colonial ancestors prospered as the Colonial governments issued the money supply in the correct amount ~ NOT PRIVATE BANKS!
Farmland, for example, could never be indebted, only the crop yield, or value of the livestock raised, could be indebted until harvest ~ that 's why government Credit Banks, as an extension of the U.S. Treasury Banking system, provided ' start up capital ' without encumbering or indebting the land itself as collateral! No farmer therefore could ever loose his land or home! And that 's why houses were built for just the ' cost of materials ' & ' cost of labor ' without any compound interest/usury rates ~ just a flat 2% annum service charge on the remaining balance!
Since money is to be a means of ' measuring something of value ' , constitutionally it is to be a
' fixed standard of measurement ' in the correct volume and amount. Thus when a house is worth $50,000, for example, via its ' cost of materials & labor ', then the economy is expanded
by that same amount and the money supply has ' Parity ' when it equals something of value!
Conversely, should the home burn down or be destroyed via a natural disaster, the money supply then has $50K too much in circulation, causing ' inflation ' ~ that is why Our Forefathers established ' duties, imposts & excise taxes ' to regulate, compensate, and manage the money supply in the correct amount! All this has been possible when a ' public corporation ', like the U.S. Treasury Bank, a national bank, managed our money supply in the correct volume and amount! Americans prospered by having control over their own national currency by maintaining
' Parity ' !
By stark contrast, when the privately-owned Federal Reserve Bank (FRB) was granted total control over our national money supply and volume, inflation, deflation, depressions, interest/usury debt & taxes have placed every Citizen, business, and industry in economic shackles!
In the above example, the same $50K house financed via ' private banking ' @10% interest/usury creates a debt via a 30 year mortgage that compounds to $250,000 ~ that ' s paying for one
house for ourselves and three-to-four houses for the predatory profiteers!
All of America has now become ' indentured servants ' to the moneylenders, private banks, and profiteers! Our Nation is currently being held hostage to such foreign predators as the 'Bush regime' continues to borrow to finance its illegal wars ~ and exchanges trade concessions,
' outsourcing ' of American jobs, and subsidizes American industry to move overseas to satiate the creditors ~ all to the detriment and Bondage of Debt & Taxes ~ and in total violation of the warning issued by George Washington to avoid ' foreign entanglements ' !
When ' public corporations ' managed our natural and national resources, electric power plants, natural gas, timber, waste disposal facilities, and water resources, etc., Americans could not be held hostage by ' private corporations ' ~ and our cost of living remained steady! The same treachery that was fostered upon us when our money supply was ' privatized ', via the FRB, is now occurring as predatory corporations seize control of our natural resources and national infrastructure via ' privatization ' ! Congress has remained impotent as the Special Interest lobbyists bribe their silence and complicity! THEY ARE TRAITORS ONE & ALL!
The only solution lies in a Reform government that will implement the ' 10 POINTS of REFORM for AMERICA ' ! Only then can Americans once again own unencumbered land! Only then can farmers, businesses, & Organized Labor Unions provide a higher standard of living, under ' Parity ', as once enjoyed during the ' Eisenhower Era ' ! Only then can the next generation ever have a hope of' Life, Liberty and the Pursuit of Happiness ' ! And only then can Veterans and Senior Citizens be assured of pensions with honor instead of facing ' pauperism ' !
That is why the principles of the Reform Party USA are summarized in two slogans:
' THE COMMON GOOD BEFORE SELF OR ANY SPECIAL INTEREST ' AND
' BREAKING THE BONDAGE OF DEBT & TAXES '!
In today's world, this is ' revolutionary ' ~ Join the Revolution today to build a better America tomorrow! Help Take Back America!