ETERNAL VIGILANCE

The Prince of Paper Ascends the Throne

By Morgan Reynolds

January 2006
Liberty Dollar News

Name the three most important issues in politics: War in Iraq? Abortion? Domestic spying?

None of the above.

Nothing is more important than money, money, money - its quality and who controls it.

We all know it in our gut - money means our livelihoods, our retirements, the life-blood of commerce plus an obese Government feasting on newly printed moolah daily.

Money is "the most important thing in the world," as playwright George Bernard Shaw said, yet it is wrapped in mystery because politicians and the Fed do not want the people to understand it.

On February 1st, Ben S. Bernanke, prince of paper, succeeds Alan Greenspan on the throne at the Federal Reserve Board, the cabal that has mismanaged US money and banking since 1913. Bernanke has the power to screw things up royally and he is off to a fast start: gold has gone up nearly $100 an ounce since Bush nominated him.

Bernanke’s resume is unmarred by real-world experience, so he is perfect for the job.

He will be a disaster because he is wrong about virtually everything. He claims devotion to "long-run price stability" and "continuity" with the policies of the Greenspan Fed. He cannot be both. Greenspan’s inflationary policies have boosted the government's consumer price index by 67%. That is the opposite of "long-run price stability." Consumer prices have risen every year for a half-century.

I detect a pattern here; it’s called a rip-off.

Before B.S. Bernanke is done, he will make Greenspan look like a tight-money man.

Bernanke's paper trail tells us because he fears falling money prices as the biggest risk of all, so he stands ready with "an invention called the printing press" to combat this evil.

He promises faster inflation in response to the next financial crisis, supplying the "liquidity" the system needs.

"Helicopter Ben" has even promised to drop money from the air, but he won’t drop any on you or me. Insiders get it first.

Mr. Ph.D. does not understand why a bust happens. That makes him extra dangerous. Every bust is caused by the preceding boom and its excesses. The bust is curative.

And what caused the credit boom? The Fed!

Its artificial pumping of money and credit through the banking system induces boom-bust cycles.

When Bernanke fights the market by injecting new credit in the next crisis he will sustain unsound debt, weak debtors and lousy companies, prolonging depression. That's the opposite of "putting it behind us."

Sound money is the fount of prosperity yet the Fed was created to supply an "elastic currency" for the nation and coordinate expansion of cheap bank credit on behalf of Wall Street and bankers. The Fed was designed to flee from sound money. It is an inflationary menace to everyone and we are on the verge of a dollar crack up. Voltaire said every currency returns to its natural value. For paper money, that is nothing.

How can you protect yourself? First, shift investments toward hard assets like silver, gold, oil, timber.

Second, shift from the prince's paper toward hard money in your transactions. Hard money has meant silver and gold since the dawn of civilization.

We want good money and we want it now, before the greenback tanks. The easiest way to use gold and silver today is to rely on the competitive marketplace to supply it, like the Liberty Dollar, because it is .999 fine silver, readily available, and functions 1:1 with Bernanke’s paper.

Fed Ex arose to challenge the government's postal monopoly and now competitive money suppliers like Liberty Dollar have a huge opening. Competition from the private sector is the only way we'll get high-quality money and put the people back in charge.

Government separated gold and silver completely from its unbacked paper dollars, so we have the freedom to use the money we want. It's all voluntary. There is no legal barrier to using silver or gold, in specie, real paper or electronic currencies that are 100% redeemable in silver and gold.

We need a bottom-up, inflation-proof, market-driven money, not top-down, debt-based money controlled by the power elite. Let the competitive market in money roar. With each individual choosing what currency to use, the superior money will triumph.

Morgan Reynolds is a PhD economist, professor emeritus at Texas A&M University and the former Chief Economist, US Department of Labor 2001-2002.

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Editor's comment: OK, folks, now is the time to get your Liberty Dollars and make 15% for yourself by putting them into circulation at face value. That's a downright money-maker compared to using funny money FED notes!

Although Liberty Dollars are not legal tender they are still of value and that value is determined by what they go for in the marketplace of goods and services. Liberty Dollars are worth what you get for them in trade.

Under the commercial rules, when you make an offer, the other party may either refuse or accept. When the other accepts, you have a deal and an exchange. It's that simple, and no one is forced to do the transaction if they choose not to do so. If the other party does not accept the Liberty Dollar, then you offer those dreaded Federal Reserve Notes if that will make them happy.

What are you waiting for? Become a Liberty Associate today!


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HAMAS, ISRAEL AND THE UNITED STATES

TIME FOR A CHANGE

By SARTRE
January 30, 2006
EtherZone

Much has been written about the recent Palestinian election that has Hamas the victor. If elections have any connections with the public will at a given point in time, it can be concluded that political change was the motive for such a bombshell vote. It should be clear that unrest from Fatah factions demonstrates their unwillingness to readily accept the outcome of Palestinian sentiment. With this internal conflict there is a larger lesson. Fatah will be remembered as a corrupt regime, determined to maintain the managed chaos. What Hamas becomes may well surprise even the most hardened of critics.

The Bush administration likes to use the thesis that people want freedom. Well, the irony that an election can and will produce a result that spoils the outcome that NeoCons desire only proves the ridiculous hoax that the NWO believes in democracy. A savvy summary comes from Dr. Sedat Laciner, head of the International Strategic Research Organization (USAK - ISRO).

“He accused Israel and United States for the election results in Palestine: “The wrong policies left no room for moderate politicians in the Palestinian politics. Yasser Arafat and his men were eliminated by the Americans and Tel Aviv. Then the Israeli offensive policies and abuses have not been questioned by the international community. In fact Bush Administration has fully supported the Israeli wrongs in Palestine with no question. The Israeli wall and other security measures increased poverty in Palestine. As a matter of fact that Israel has done anything possible to undermine the moderate politicians in Palestine. And now they say that the results were surprise. The results are not surprise, because the Palestinians had no way but to elect the extremists, because now all Palestinians are extremists. They need house, they need job, they need anything anyone needs in Israel. And Hamas like the Republican Party in the US is a party which reflects the needs of the people in that country. If Hamas is extremist and unacceptable for the Israelis or the Americans, so it means that the majority of the Palestinians are not acceptable for US and Israel. The world has to break this vicious-circle.”

Contrast an assessment of the fundamental nature of the Israeli-Palestinian conflict with that from George W. Bush as reported in the Washington Post: “He reiterated that he will not work with Hamas, formally known at the Islamic Resistance Movement, as a "partner of peace" until it renounces its goal of destroying Israel and disarms its militias.” In order to conduct a serious resolution to an everlasting feud, the process of denial must be rejected. The notion that Israel has a right to exist is absurd. If that argument had merit, it could be used to prove that every group can claim sovereignty over any area they occupy.

Did Abraham Lincoln honor the legitimate autonomy of Southern States or did the dictator of the Union force his benevolent reunification upon the Confederate region? Like the tyrannical sycophant who used annihilation warfare to impose the psychosis of central dominance, Bush eagerly promotes the fantasy that Israel is a special country. What is even more illogical is that Israel is a friend and ally of America. Khazar occupiers and Talmudic rule is contradictory and mutually exclusive with the true interests of our own nation. Quacks like Hal Lindsay ramp up the delusion as the Farwell’s and Robertson’s preach the creed of their chosen deceit. Nothing is new about apostates, but when a President of the United States becomes a heretic of national self-interest public policy, the entire country is doomed to a hell under Zionist supremacy.

A regional dispute over land that was stolen with the blessing of Western Democracies is and always has been the nucleus of the eventual holocaust. What Americans are so unwilling to accept is that our own country has no duty or moral imperative to arbitrate between eternal enemies. It is a local conflict that can only destroy our own land by intervening. Making matters much worse are foreign policies that the United States acts as a neutral broker for peace. Dispel any illusions, Bush makes it unequivocally clear that he is a worshipper of Baal. Fools who believe and support such lunacy betray the principles of our founding as a nation.

A Hamas government will force the Neocons and Likudnicks into the cesspool of their own crap. Achieving peace is not possible without justice. Frankly peace as an all encompassing goal is nothing more than a slogan for perpetual and permanent suppression of legitimate grievances. It should be self-evident that Zionists and Palestinians cannot co-exist together. Bibi Netanyahu is no friend of America. Israelis that rally to him as a counterweight to the ascendancy of Hamas will only pour higher octane fuel on a bonfire of Semitic design. The intensity of emotional hatred can only be tempered by the logic of pragmatic reality. Yes, the establishment of the State of Israel is a fact of history. But there is no power on earth that will protect and preserve a demonic government from divine retribution.

If reason and logic are basic human traits, it seems to have missed the genetic seed of fanatics and zealots bent on total destruction for their respective societies. Why stop the inevitable? America has a far greater justification to wash her hands of the entire insanity that seeks to take us down into the abyss, than Pilate had for succumbing to bullying Pharisees. When Jews say the next world is called Olam HaEmet - "the World of Truth," they certainly don’t lack effort to commandeer their version of a worldly kingdom. The existence of the afterlife is not stated explicitly in the Torah itself, because as human beings we have to focus on our task in this world. So says the rabbi. Is it demented to inflict phony guilt upon naive Christians to support a rogue regime as a test of belief in our Savior? This disconnect from reality, guised in religious heresy, is pure evil.

And “do gooders” fault Hamas for resisting the Israeli hyperpower madness under the sponsorship from an American global hegemon military umbrella! Such is the expression of the popular will of a sick and dying political culture of internationalism. America should welcome the opportunity of Hamas as a legitimate successor to Fatah. Break the chains of Zionism and adopt an evenhanded Middle East policy. Truth in this World is rare. You won’t find much of it coming out of Bush, the NeoCon cabal or their Khazar masters. The future is now, face reality for the sake of America. Dump the USrael alliance.

Published originally at EtherZone.com

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Editor's comment: SARTRE makes some good conclusions for a return to traditional American nationalism and why the Israeli-Palestinian conflict can never be arbitrated by an outside power.

And it is also shown that the Hamas election victory will be the best thing to happen since it will force the Zionist regime to knuckle under and give justice in return for peace.

Proof of this, of course, lies in the history of intervention by the European powers with the British and French Mandates (a late form of colonialism) in their quest for hegemony over the resources and continued power by the international banking cartel.

The same practice continues today, which is merely the new style fascism, or corporatism, which is relentlessly pushing the entire world toward the abyss of global totalitarianism.

Very few of the world's leaders see this, and those that do are continually vilified by the neocon controlled media. Putin of Russia is one as is Chavez of Venezuela and also Dr. Mahathir of Malaysia.

The suppression of nationalism in all its forms has been the main goal of this tripartite axis of the U.S., U.K. and Israel for the last 60 years, and by the European colonial powers before that.

This policy is the scion of the failed "Balance of Power Doctrine" of the British Empire which was used to pit the continental powers against one another in never ending shifting alliances in an attempt to keep British supremacy in trade and commerce.

The Zionists have since adopted a similar balance of power strategy to deal with their Arab neighbors. A good example of this was the Iran-Iraq war of the 1980s. This has expanded to now include the breaking up of the Arab nation-states into smaller and more unstable sectarian entities which are too weak and have a tendency to war among themselves over ancient rivalries. Thus, there can never be any real threat to Zionist regional hegemony.

The result the modern day tripartite axis hope for is what we have come to see as the New World Order where all activity not approved of is banned. The "world of truth" the Zionists hope for is merely a world of approved lies in which all opposing viewpoints are suppressed.

The internationalist culture is sick and dying, and only by the Grace of God shall humanity survive the coming years, hopefully without being poisoned by the depleted uranium (DU) nano-particles being released into the environment.

Stemming the tide of Perpetual War for Perpetual Peace and exposing the phony War on Terror and the true roots of global terrorism is the first step to bring justice to human relations.