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    Why America Is Failing
    Why America Is Failing
    Why America Is Failing
    Ebook155 pages1 hour

    Why America Is Failing

    By George Burdette, Jr

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    About this ebook

    Money
    What is money? We spend a very large part of our lives chasing the very thing we know so little of. When we are asked what we do, the answer usually is our occupation, not recreation. We place ourselves at the mercy of a system far removed from our daily lives.
    Money is defined as: “something (as metal currency) accepted as a medium of exchange.” Money is freedom, a means to an end, it represents time saved for the participation in the preservation and safeguarding of both. Metal is used as a basis for currency ensures durability, divisibility, and transportability when storing your excess labor in the form of wealth. The value of industry and its fruits are recognized, “by promoting the introduction and circulation of the precious metals, those darling objects of human avarice and enterprise...” 1
    Article I. Section 8 Clause 5 of the Constitution authorizes Congress “To coin Money, regulate the Value thereof, and foreign Coin, and fix the Standard of Weights and Measures.” The U.S. Treasury prints paper money with “The Unites States of America” and “Reserve Note” on it. However, “from the pestilent effects of paper money on the necessary confidence between man and man...”, “The power to make anything but gold and silver a tender in payment of debts, is withdrawn from the States, on the same principle with that of issuing paper currency.” 2
    For hundreds of years people have been trying to use alchemy to turn lead into gold. The modern equivalent is our servants printing paper money. The Federal Reserve is the agent of circumvention around the intent of the prevention of the existence of a government run bank. This fiat (fake) currency is printed by the U.S. Government for an independent, centralized banking system for distribution; an act that seems to be in clear violation of Article X. of the Bill of Rights, which states, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” The authority afforded to the government has already been specifically outlined in the Constitution in reference to currencies. Any additional attempt to control the value of labor will only prove detrimental to the property rights of the citizenry.
    This paper currency is transferred to the Federal Reserve, which then places it into the market knowing full well this action will reduce your buying power. This technique has been described as “magical” by participants in the banking system. This magical event is nothing more than using one dollar as collateral to lend nine, which is borrowed and re-lent in a cycle that fabricates counterfeit wealth from nothing more than ones and zeros in the Federal Reserve computers; an event that places you on a type of hamster wheel, for the purpose of creating wealth for those who run the banks, and those who own the stock.

    LanguageEnglish
    PublisherGeorge Burdette, Jr
    Release dateNov 2, 2012
    ISBN9781301675074
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      Book preview

      Why America Is Failing - George Burdette, Jr

      Why America is Failing

      George Burdette Jr.

      Why America is Failing

      George Burdette Jr.

      George Burdette Jr. Copyright 2012

      Published at Smashwords

      Dedicated to the Citizens of the United States

      Table of Contents

      Chapter 1

      Chapter 2

      Chapter 3

      Chapter 4

      Chapter 5

      Chapter 6

      Chapter 7

      Chapter 8

      Chapter 9

      Chapter 10

      Chapter 11

      Chapter 12

      Chapter 13

      Chapter 14

      Appendix A

      Notes

      Imagine a country that had no need to borrow from its adversary, waste the people’s treasure, or use the currency to manipulate the population; it is a nation where no individual or groups of individuals were more equal than another; a country that follows its own rules, works for the people, puts value on sovereignty, and plans for national prosperity.

      Chapter 1

      Exchange

      Money

      What is money? We spend a very large part of our lives chasing the very thing we know so little of. When we are asked what we do, the answer usually is our occupation, not recreation. We place ourselves at the mercy of a system far removed from our daily lives.

      Money is defined as: something (as metal currency) accepted as a medium of exchange. Money is freedom, a means to an end, it represents time saved for the participation in the preservation and safeguarding of both. Metal is used as a basis for currency ensures durability, divisibility, and transportability when storing your excess labor in the form of wealth. The value of industry and its fruits are recognized, by promoting the introduction and circulation of the precious metals, those darling objects of human avarice and enterprise… ¹

      Article I. Section 8 Clause 5 of the Constitution authorizes Congress To coin Money, regulate the Value thereof, and foreign Coin, and fix the Standard of Weights and Measures. The U.S. Treasury prints paper money with The Unites States of America and Reserve Note on it. However, from the pestilent effects of paper money on the necessary confidence between man and man…, The power to make anything but gold and silver a tender in payment of debts, is withdrawn from the States, on the same principle with that of issuing paper currency. ²

      For hundreds of years people have been trying to use alchemy to turn lead into gold. The modern equivalent is our servants printing paper money. The Federal Reserve is the agent of circumvention around the intent of the prevention of the existence of a government run bank. This fiat (fake) currency is printed by the U.S. Government for an independent, centralized banking system for distribution; an act that seems to be in clear violation of Article X. of the Bill of Rights, which states, The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people. The authority afforded to the government has already been specifically outlined in the Constitution in reference to currencies. Any additional attempt to control the value of labor will only prove detrimental to the property rights of the citizenry.

      This paper currency is transferred to the Federal Reserve, which then places it into the market knowing full well this action will reduce your buying power. This technique has been described as magical by participants in the banking system. This magical event is nothing more than using one dollar as collateral to lend nine, which is borrowed and re-lent in a cycle that fabricates counterfeit wealth from nothing more than ones and zeros in the Federal Reserve computers; an event that places you on a type of hamster wheel, for the purpose of creating wealth for those who run the banks, and those who own the stock.

      Value

      In order to determine the worth of our labor, we base our measurement of work on value. Value is defined as: a fair return on equivalent in money, goods or services for something exchanged.

      It has been accepted throughout history that the value of a day’s labor is equivalent to the amount of work it takes to extract gold from the earth. The amount of work it takes is directly proportional to the amount of energy expended in the extraction process.

      The unit of measure for this energy is a grain of wheat. Wheat has been the standard energy source for work for as long as historical records have been kept. While wheat has not been the only unit of measurement for the value of labor, it has been used so widely that there can be no denying its importance as a standard.

      One only has to look at the largest, most expensive, and most complicated labor project in human history to see how the Egyptians used wheat to build the Great Pyramids at Giza. Wheat was valued so close to gold, Pharaoh Khufu himself is illustrated in ancient paintings conducting audits of the granaries, used to fuel human labor as though it were a bank audit.

      When labor was still storable in current U.S. currency using precious metals, the value of a dollar was 480 grains of standard silver. The use of precious metals as money is the responsible method of ensuring the value of the individual’s labor, and the nations treasure is kept safe from inflation. Under this system, the individual controls the value of their labor. When a buyer says to the seller, How much does it cost? is the equivalent to the friends, I trust you, because it represents the honest acknowledgement of the agreed upon value of the labor used to create the product like, Water is best. But gold shines like fine blazing in the night, supreme of lordly wealth. ³

      One the other hand, if there’s no value, there’s no demand, if there’s no demand, there are no jobs, with no jobs, there is no money, and with no money, we are forced to barter. Bartering does not represent an accumulation of wealth; it is a step below using currency, the result of a failed or non-existent economy. A nation that uses paper currency is at the whim of whoever controls monetary policy, and the central banking system.

      Taxes

      The funding we as citizens provide to the servants for services are outlined in the Constitution Article I Section VIII Clause I Article XVI allows Congress to collect taxes on income; however, its execution seems to be in direct violation of but all Duties, Imposts, and Excises shall be uniform throughout the United States. ⁴ While only half the population pays income taxes in this country, we are told the ones who do pay income tax need to start paying their fair share. I don’t know how many times I have heard that, and still haven’t heard exactly what the speaker’s definition of fair is. The class warfare model requires division among the populous, which is shown as stated in the Communist Manifesto: 2. A heavy progressive or graduated tax.

      I as a citizen, would rather pay a single rate tax than the income tax, a tax that all consumers would pay supported by In a branch of taxation where no limits to the discretion of the government are to be found in the nature of the thing, the establishment of a fixed rule, not incompatible with the end, may be attended with fewer inconveniences than to leave that discretion altogether at large. ⁵ There seems to be an effect of diminishing returns when attempting to increase taxes for attempting to put people to work. Taxes are for certain government services, and anything extra is a loss based on that law that recycles income, until there is nothing left; while, If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great when they are confined within proper and moderate bounds. ⁶

      All the services our government has promised to provide will never come true; even though, those who wish to pay the least are the ones who generally benefit the most. The wastefulness of the government eventually will not allow the efficient use of tax payer dollars--ever. There will never be enough money to pay for the services, because they eventually run out of other people’s money, even when including inflation as an additional tax; before the government can spend any money, it must take it from someone. The way we have allowed the servants to set up tax policies, allow the servants to extort our property through the threat of seizure of it, because if you don’t pay your taxes you won’t be a property owner very long. You don’t own property, you’re just leasing it from the taxing authority; a violation of the most basic property rights.

      As long as the servants can distract the population with class warfare to divide and conquer, they will not have to answer for the fraud they continue to conspire in. This technique keeps the people fighting amongst themselves, while the servants continue to raise the taxes for an increasing amount of services, which will initially be rationed, and eventually cancelled. So, after all the taxes have been collected and the services cancelled, where has the money gone? The money has gone to graft, nepotism, corruption, waste, fraud, abuse, bridges to nowhere, bailouts, bailups, and the servants paychecks and benefits. When we are on the verge of bankruptcy, because we have lost any considerable percentage of the tax base to unemployment, we must know the method of taxation is a failure, and spending too much is a part of

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