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The Federal Reserve & Central Bank Gold Sales
Paper money is debt; and one cannot pay off debt with debt. Debt can only discharge debt - not pay it off. Discharging debt is much the same as a bookie laying off risk - to another, any other, as long as it is no longer his risk.
Gold is no one's debt; it is no one's obligation, it carries no risk. Gold has been accepted by man as payment of debt since time immemorial, as gold cannot be controlled and printed or spoken into existence, as can paper money.
Paper money is a whore - an abomination that transfers wealth from the many to the few. This is why they who control the money power do not like gold, as gold does not bend to their ways - gold stands strong against the control of man, against excessive money creation and debasement that destroys purchasing power - that comes like a thief in the night.
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Personal Freedoms and the Internet
The most basic principle to being a free American is the notion that we as individuals are responsible for our own lives and decisions. We do not have the right to rob our neighbors to make up for our mistakes, neither does our neighbor have any right to tell us how to live, so long as we aren’t infringing on their rights. Freedom to make bad decisions is inherent in the freedom to make good ones. If we are only free to make good decisions, we are not really free.
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The Shrinking Influence of the US Federal Reserve
Humiliation for Mr. Dollar: Ben Bernanke, the chairman of the United States Federal Reserve Bank, faces a general investigation by the International Monetary Fund. Just one more example of the Fed losing its power.
The United States Federal Reserve Bank, or Fed, seems as much a part of America as Coca-Cola or Pizza Hut. But at least one difference has become apparent in recent days. While the pizza chain and soft-drink maker are likely to expand their scope of influence in the age of globalization, the US central bank is finding that its power is shrinking.
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Ten Reasons Why Conservatives Should Oppose War with Iran?
"Peace is not absence of conflict, it is the ability to handle conflict by peaceful means."- President Ronald Reagan
One ... Conservatives believe that war is a "last option" that should only be initiated when there is a direct and imminent threat to the United States. Iran does not currently pose such a threat.
"In short, deliberate entry into war commonly brings on consequences disagreeable even to the seeming victors. Prudent statesmen long have known that armed conflict, for a- involved, ought to be the last desperate resort, to be entered upon only when a- means of diplomacy, conciliation, and compromise have been exhausted." - Russell Kirk
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GCN EXCLUSIVE-Alex Jones Interview With Dennis Kucinich, 06/13/08
GCN EXCLUSIVE-Alex Jones Interview With Ralph Nader, 05/13/08
GCN EXCLUSIVE-Howard Stern Interview With Jesse Ventura, 05/20/08
GCN EXCLUSIVE-Alex Jones Interview With Jesse Ventura, 05/20/08
GCN EXCLUSIVE-Alex Jones Interview With Ron Paul, 05/19/08
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Cheeseburgers When Subsidized
Corn, wheat, sugar and a dozen other crops all got increased subsidies in the recent Farm Bill, signed with terrifying agreement. Is there an end in sight?
One overlooked clue while those crops are fetching sky-high prices in that other system known as the free market is data showing farms took acreage from pastureland, which livestock need to graze. So, ranchers have been liquidating herds and giving up in the battle against soaring feed costs.
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How Long Does a Free-Trade Agreement Need to Be?
Only in a world micromanaged by civil servants can the simplest of principles be spliced and diced into hundreds of pages and dozens of chapters. That is the volume of just one multilateral trade agreement: NAFTA.
Various proponents of Free Trade Agreements (FTAs) posit that some trade is better than no trade.[1] While that is arguably true in terms of marginal units, these politically crafted bilateral and multilateral agreements should really be called Some Trade, More Trade, or Kinda Free agreements, but certainly not Free Trade.
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