"I'm From The Government and I'm Here To Help!"

... by Michael Trudeau

Yep, here we are on the brink of an all out economic collapse that could easily rival the 1929 crash and subsequent depression. How did we, arguably the world's greatest nation of all time, find ourselves teetering on the brink of an all out collapse? How is it that tens of thousands of retirees who were looking forward to a comfortable retirement are now trying to figure out how they will eat? These are the same retirees who bore the weight of building this once great nation on their backs with the promise of a pension and a Social Security check.

The answer is quite simple; we had some help from the Federal Government and the Federal Reserve. Before we get into how this has come to be, let's first clear up a common misnomer:

• The Federal Reserve is not "federal" at all.
• That's right; it is no more federal than Federal Express.
• The Federal Reserve is a "for profit" corporation;
• and, to my knowledge, the only "for profit" corporation that operates on U.S. soil yet pays no Federal or State taxes.

What exactly is the Federal Reserve? The Federal Reserve is the company in charge of printing the nation's currency and setting its value. The Federal Reserve prints money (basically from thin air) by paying the U.S Bureau of Engraving a couple of cents per note for printing costs. It then loans the money to the American people at interest. This is where our "national debt" comes from (more on this later). The problems with this system are many, but, let's start with the U.S. Constitution and see what it has to say.

Congress Gave Our Wealth Away To International Bankers In 1913...

Article 1, Section 8 of the Constitution says in part, "The Congress shall have the power to coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures." In 1913, through passage of the Federal Reserve Act, the Congress gave the power to coin money and to regulate its value to a group of international bankers which in turn then loans this money to the U.S. Government and its people at interest. This group of international bankers forms a cartel of wealth beyond comparison.

These bankers own stock (the stock is not publicly traded) in the Federal Reserve System. The Federal Reserve System collects the interest and distributes it annually to its shareholders (the international group of bankers) which makes the shareholders very wealthy. So basically, while Americans are becoming poorer, this international group of bankers is becoming richer.

Imagine for a minute that you had the power to create money from nothing and the ability to circulate any amount of currency into the nation's economy that you saw fit. If you could actually do this, you would instantly have the power to create boom and bust periods at your own whim. Want a boom period? Flood the nation with currency and every bank has money to lend and everybody has money to spend, and, spend we do buying more than we can afford. Prices rise due to the influx of currency giving the illusion of added value to one's holdings, and, with no end in sight to the good times, what's the worry, right? Want a bust period? Contract the nation's money supply and nobody has money to lend and we slide into recession. The bankers then collect our properties through mass foreclosure. This is the very power that the Federal Reserve possesses, and, in my humble opinion, is exactly what we are witnessing today.

If the system is so bad, why hasn't anyone done anything to stop it?

Since its inception, the Federal Reserve has not been audited. There is currently a Bill moving through the House and Senate, sponsored in part by Congressman Ron Paul (R) Texas, to have the Federal Reserve audited. Although this would be a step in the right direction because it would raise awareness that there may be something wrong with the Federal Reserve System, I fear that any efforts to audit the Federal Reserve would be met with futility. They will simply show us what they want us to see and nothing more. This is exactly what they have been doing since 1913.

Most of our elected politicians are keenly aware of how the Federal Reserve System operates. Many of them have been elected through the use of unlimited financial backing from the corrupt bankers in return for favorable voting on legislation which aids the Federal Reserve in its endeavors. This goes back to the very beginnings of the Federal Reserve. President Woodrow Wilson, prior to being elected, badly needed financial support to pay for his campaign. He agreed, albeit reluctantly, that if elected, he would sign the Federal Reserve Act into law. After being elected, he later commented in reference to the passage of the Federal Reserve Act, "I have unwittingly ruined my country."

Outside of Congressman Paul, there have been several other politicians who have stood up against the Federal Reserve and the cartel running it. I will begin by giving my opinion of the single best attempt by any politician to stop the Federal Reserve from systematically stealing the wealth of America.

On June 4th 1963, President John F. Kennedy signed Executive Order 11,110. This Executive Order would have effectively put the Federal Reserve out of business. The order essentially said that the Federal Reserve could no longer issue worthless paper and charge the government interest. The Executive Order gave authority to the U.S. Treasury to create "Silver Certificates" or United States Notes based upon the amount of silver held by the Treasury as the Constitution dictates. Article 1, Section 10 of the Constitution states in part, "No state shall...make anything but gold and silver coin a tender in payment of debt."

Shortly after the Executive Order was signed, the Treasury began to create and circulate these Silver Certificates replacing the Federal Reserve Notes. Some of us are old enough to remember these Silver Certificates. They promised to pay the bearer the amount noted in silver, and, on demand. Unfortunately for each and every American, the circulation of these Silver Certificates was short lived. Just shy of five months later, President John F. Kennedy was assassinated in Dallas, Texas. The Silver Certificates were pulled from circulation, and, we went right back to the Federal Reserve Notes without any other Executive Order to do so.

I guess when you take billions and billions of dollars in annually distributed payments from a handful of shareholders there exists some powerful motivations for a homicide. Is the Federal Reserve complicit in the Kennedy Assassination? Who could say, but, interestingly enough, Marina Oswald (Lee Harvey Oswald's widow), during an interview in the mid-1990s had this to say, "The answer to the Kennedy assassination is with the Federal Reserve Bank. Don't underestimate that. It's wrong to blame it on [CIA official James] Angleton and the CIA per se only. This is only one finger of the same hand. The people who supply the money are above the CIA."

There are many would be saviors of the American people. The problem is we have a track record of not heeding their various warnings and predictions. One of the most prominent warnings came from Thomas Jefferson in 1802, when he said, "If the American people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all of their prosperity until their children will wake up homeless on the continent their fathers conquered." Sadly he was quite correct, as of today less than one percent of the American population can state, "I own my own home."

Another great warning we received was this, "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process." Do you know who made that famous quote? It was former Federal Reserve Chairman, Alan Greenspan. That's correct. Prior to his appointment as the Chairman, he warned us of his future employers and their hidden scheme.

Let's take a moment and look at just how bad things are in America, economically speaking. If you recall, earlier I said we'd have more on the national debt? Well, here comes all you wanted. The national debt as of today, September 21st 2009, is a whopping $11,811,086,447,487.95!!! That is: eleven trillion, eight hundred, eleven billion, and some change. This is an amount that we, as a nation, cannot ever repay. Effectively, America is bankrupt.

So, now what? If you find yourself falling into the category of folks who've had enough, but, don't quite know what to do about it, there are several options available to you. People who know me will tell you that I certainly feel the best solution, which we as individual citizens can employ in the protection of our wealth and freedom, is to place a portion of that wealth into physical possession gold. That is gold that you obtain physically and keep at home.

Why gold? The reasons here are numerous, but, in the interest of saving a few trees and some time, we'll cover the main ones. Gold has been used as the world's money for over five thousand years and it is still considered to be money today. Although there are several countries in the world that will not accept your fiat Federal Reserve Notes today in exchange for goods and services, there is not one single example that I am aware of that would not readily accept your gold in exchange for a good or service.

Gold Stands The Test Of Time

It knows no borders and owes no favors. An ounce of gold will buy you the same things today as it has at most anytime throughout the last several thousand years. In example, it has been said that a one ounce gold coin will buy a good quality men's suit of clothing at just about any time in history. This is not just another anecdote from some old forgotten gold bug. I first read this in a book called, "The Triumph of Gold" by Dr. Franz Pick. It is the true story of a man who grew up through the era of the Weimer Republic of Germany. The government tried to spend its way out of a depression. It printed money like there was no tomorrow. Sound familiar?

It turns out, there really wasn't a tomorrow. The hyperinflation that ensued collapsed the currency. In just over four years, an ounce of silver went from twelve Marks to over five hundred million Marks. Gold went from one hundred seventy Marks to over eighty-seven billion! Now that's what I call hyper inflating your currency out of existence. Dr. Pick's father kept the family alive by using links from a gold chain to buy food when people would no longer accept the Marks in payment for goods or services.

Are we headed for hyperinflation? This is a good question, and, the quick answer is probably. In fact, unless we make some major changes and quickly, it will be inevitable. Essentially, when the Federal Reserve creates more dollar bills from nothing, they weaken the existing pool even further; and, with the latest round of "stimulus," the Federal Reserve has just created trillions of dollars from thin air. The dollar has already lost more than ninety percent of its original buying power.

Like all of you, outside of my research, I only have my own life experience to draw upon. I am now in my late forties. When I was a kid, candy bars were a nickel. That means that with a paper one dollar bill, I could afford twenty chocolate bars. Today, with a paper one dollar bill, I can only afford one candy bar. This means that either chocolate has become a very rare commodity over my lifetime or the dollar is getting weaker. I think we can all agree on which one it is. Unfortunately, this affects not only the price of chocolate, but, this also affects everything else as well because it takes more of our weakened dollars to buy anything.

The Future Of Retirement And Social Security, Is There One?

As I grow closer to retirement myself, I wonder how things are looking for those retiring now or in the near future. The answer is, not so good. The Social Security Administration has recently announced that it will be heading into deficit territory for the years 2010 and 2011, and, it will be effectively insolvent by the year 2016. At the same time, the Social Security Administration announced that applications for retirement benefits are up twenty-three percent over last year along with a twenty percent increase for disability benefits. For my money, I'm going to take a page from Mr. Greenspan's playbook and let gold stand in the way of this insidious process, and, you can too.

I recommend owning privately held gold and silver coins, and, I recommend that you get moving on it. Since this decade began, gold has risen well over three hundred percent, and, it is my opinion, that it is only the proverbial "tip of the iceberg." For more information on how to protect yourself through owning gold and silver, contact my friends at Colonial Resources Inc., and, a consultant will be happy to assist you.

© 2009, Michael Trudeau

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     Michael Trudeau  an Economic Advisor and Monetary Specialist for over fifteen years. Michael discusses the system, how it works, what is the truth and myth, what we can do. If we truly understand and accept the situation, what we must do is protect our assets. With utmost confidence we your hosts, highly recommend Michael as a trusted source for information and services.