The odd thing here is that I agree with points on both sides. I understand the points that Bob is making and I agree that it isn't fair and that it reduces the amount of overall freedom in a society.
What I think we all need to understand is that United States Constitution provided all of the protection our society ever needed. When the Constitution was ignored and altered, this allowed a free for all power grab through insideous corruption. The people who came out on top are still on top now.
If I were to isolate the single most important way the Constitution protected the people of this nation, I'd have to say that it was in the creation of currency. The Constitution specifically states that Congress shall have the authority to coin all money and that every coin must be made from gold and silver. The Framers understood that the creation of currency was one of the most important powers a government had. The ability to create money is the ability to control all of society. The Bill of Rights, is an addendum to this clause, IMO. The Framers were trying to tell us what kind of society they wanted after securing government most sacred and important power.
In other words, fiat fractional money is unconstitutional. The Federal Reserve, a private cartel that is in charge of our nations money supply is unconstitutional. The act of giving private interests the ability to print fiat currency was the deathknell of freedom because there is NOTHING this private interest cannot buy because they control the printing of the money.
This and this alone allows the dangerous centralization of power into the hands of the few across the world. Not just in America.
Bob, Unions are a reaction to this, IMO. When the government claims a portion of your labor, taxes you through other various means, and then "taxes" you through inflation, the only way that regular people can cut a break for themselves is to mobilize. The only way the "average joe" can lookout for his standard of living on a mass scale is through a Union.
I realize this isn't a perfect system. The best system was what our Founding Fathers designed for us. Since that is compromised, what else do we do?
Who would have thought that Monetary Theory was the key measure protecting our freedom in this country. Maybe that's why its not taught in schools...
What I think we all need to understand is that United States Constitution provided all of the protection our society ever needed. When the Constitution was ignored and altered, this allowed a free for all power grab through insideous corruption. The people who came out on top are still on top now.
If I were to isolate the single most important way the Constitution protected the people of this nation, I'd have to say that it was in the creation of currency. The Constitution specifically states that Congress shall have the authority to coin all money and that every coin must be made from gold and silver. The Framers understood that the creation of currency was one of the most important powers a government had. The ability to create money is the ability to control all of society. The Bill of Rights, is an addendum to this clause, IMO. The Framers were trying to tell us what kind of society they wanted after securing government most sacred and important power.
In other words, fiat fractional money is unconstitutional. The Federal Reserve, a private cartel that is in charge of our nations money supply is unconstitutional. The act of giving private interests the ability to print fiat currency was the deathknell of freedom because there is NOTHING this private interest cannot buy because they control the printing of the money.
This and this alone allows the dangerous centralization of power into the hands of the few across the world. Not just in America.
Bob, Unions are a reaction to this, IMO. When the government claims a portion of your labor, taxes you through other various means, and then "taxes" you through inflation, the only way that regular people can cut a break for themselves is to mobilize. The only way the "average joe" can lookout for his standard of living on a mass scale is through a Union.
I realize this isn't a perfect system. The best system was what our Founding Fathers designed for us. Since that is compromised, what else do we do?
Who would have thought that Monetary Theory was the key measure protecting our freedom in this country. Maybe that's why its not taught in schools...