Tell your Senators to #AuditTheFed!

Tell your Senators to #AuditTheFed!.

[Below is a note I sent to my personal friends asking them to sign the petition telling US Senators to Audit the Fed. It mentions the Senators from Montana but the link below can be used to petition all of the Senators at once and then the two Senators from your state as individuals. Here is the letter I sent to my Senators.]

As you may have heard in the news this week, Congressman Doctor Ron Paul has succeeded after more than 20 years of trying, in passing a bill (HR.459), in the House of Representatives, to conduct a full Audit of the Federal Reserve System.

This chance may not come up again, as Congressman Paul is retiring from Congress this year. This Audit is crucial to giving Congress back its Constitutional Authority to Coin money and regulate the value thereof. But more than just a first step in the return to the Rule of Law, this Audit would help us to understand just how deep and wide the misallocation of resources is.

In order for the Audit to take place, the bill must also clear the Senate. This is your chance to petition for a redress of grievances. The link to the petition is below. Additionally, through the site below, you can contact your Senators, Max Baucus and Jon Tester by sending them a letter telling them to vote to bring the Senate’s version (S.202) of the bill to a vote and then to vote FOR the Audit.

http://petitions.conservativeactionalerts.com/7416/tell-senate-audit-federal-reserve-passs-202/?m=3452377

Hank

Letter To Senators Max Baucus And Jon Tester Telling Them To Audit The Fed

Letter To Senators Max Baucus And Jon Tester Telling Them To Audit The Fed.

The letter below is based on a template, which can be edited. The only part I added to the body of the letter was the Cicero quote and attribution. If you want to sign the petition telling your Senators to bring the Audit to a vote, and then vote for the audit, you can do so here. After you do that you can send a letter to your Senators. Also, be sure to share the petition with your friends and followers via email and social networking.

Dear Senator Baucus:


Dear Senator Tester:

As your constituent I demand that you sponsor Rep. Ron Paul’s “Federal Reserve Transparency Act of 2011″ — S. 202 — and urge your colleagues to do the same. The House of Representatives passed this in their chamber on July 25, 327 to 98.



The Federal Reserve Transparency Act would demand our Central Bank, the Federal Reserve, to undergo a full audit and have the findings reported to Congress — your branch of government, the branch responsible “to coin Money [and] regulate the Value thereof.” (US Constitution, Art. I, Sec. VIII, Cl. IV).



The US Congress created the Fed, our third central bank, in December of 1913 — upon the passage of the Federal Reserve Act the Congress had formally delegated their constitutional monetary responsibilities to an institution that is not a part of government at all — the Federal Reserve operates independently of the US Government, yet has full government protection. Protection enough that established the Federal Reserve Note, our dollar, as the only legal tender in this country.



The Federal Reserve was created to end depressions (or “panics”) and secure the value of the dollar. Yet, the exact opposite has been the reality. Under the Federal Reserve System the following have transpired: the 1920-21 panic; the Great Depression (which lasted, according to the stock market’s performance, until 1948); the Stagflation and Depression in the late 1970 through the mid-eighties; the dot-com boom and bust; the housing-bubble and bust; and the current economic recession. This is to say that the 20th Century, the Century of the Fed, has had more economic trouble than the century that preceded it … after the Fed was formed.



Under the Federal Reserve our dollar has lost 98% of its original value through inflationism, which has most recently euphemized as the “monetary tool” called Quantitative Easing. Through the destruction of the value of the only legal tender — the Federal Reserve Note — we are seeing the distortion and destruction of the economy. The middle class is shrinking in the proportion that the rich and, most notably, the poor classes are growing. A strong medium of exchange, or money, is a requirement for a healthy economy. The Federal Reserve’s destruction of the currency and economic meddling is the root of our troubles — Easing, Interest Rates by Fiat, Bailout facilitation, etc.



What’s as devastating as the Federal Reserve’s calculated recklessness is that they are never challenged in any significant way by the US Government; they have the privilege of operating in total secrecy, protected from the public. The Central Bank has never to this day had an audit; and, save the members of the Fed themselves, no one knows the Bank’s workings.



It’s time the Congress and the American People find out.



It’s time the Senate pass S. 202 to AUDIT the Federal Reserve Bank.



Again, please vote in favor of S. 202 and urge your colleagues to do the same — the House passed it, and it is high time for you and your Congressional body to do the same!



I am watching your vote.



An apt quote attributed to Cicero:



”A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear.”

Sincerely,

Mr. Henry Moore


[Address not posted to blog]


Billings, MT 59101

Human Action

Human Action.

Giulio,

To me “neoliberal” is a loaded word. One that I am not ashamed to cast about myself, particularly for “Supply Siders” and other assorted Friedmanites. I do not put myself in that camp, though as an Austrian School lay-enthusiast, I see some common ground, though not as much as I would otherwise like.

I don’t know much about what neoliberals think in terms of whether “the market is the only place where true spontaneous and un-biased information may be witnessed and analyzed.” I guess it really comes down to how you define “market”.

Markets in the purely economic sense? Or markets in the more abstract sense?

If the former, and if your claim is correct, I would say that neoliberals are quite narrow minded. If the latter, I would tend to agree with the neoliberals. If this more abstract, conceptual marketplace, essentially an (I am loathe to use the word) aggregation of human action is indeed the only place to witness spontaneous and unbiased information, it is precisely because of how broad an idea it is. This is where the Austrian School often faces the most criticism: the theory that all human action can be deduced using the same (or superficially dissimilar) axioms as purely economic action.

So basically, ALL human action, spontaneous or otherwise is seen as part and parcel of the marketplace (which could, in effect really be an infinite amount of smaller marketplaces). Given this axiom, it is impossible for human action to exist outside of the marketplace, by definition. Based on this, the market would be the only place to witness spontaneous information.

And then their is the question of bias. Bias exists in the market. Whether this is desirable or not depends entirely on the human actors themselves. This includes those acting spontaneously and those acting more deliberately. Those acting deliberately (such as the state, regulators, corporations) are able to cause undesirable bias by distorting the market. They cannot do this without committing, perpetuating, or taking advantage of some form of coercion, explicit or implicit. At which point the FREE part of the Free Market goes out the window.

Under ideal circumstances, which may not even be attainable on a large scale, biases that occur are simply a reflection of the decisions of market actors. I fail to see the problem. If there is good, good. If there is bad, the fault is in the actors, not the system.

I don’t think most libertarians believe in the perfectibility of the human condition, which to me is the defining characteristic of a utopian ideology. And certainly most would not suggest that the Free Market alone could accomplish this. Most hold that the Free Market, whether it might be considered to have inherent flaws or not, at least is the best allocator of resources and cause of economic growth. But the main reason some prefer the Free Market has little to do with how effective it is in these areas, but instead the fact that it is the most consistent with what are seen as natural rights. Some, myself included, would still advocate the Free Market even if it was not the “best” system for allocating resources and spurring growth. It is not the practical implications that are our chief concern. It is the ethical ones.

I agree that Markets are not, as you say, “perfectly working, self-regulating and unbiased”. I do hold, however that Markets are the best of all possibilities, but this is not perfection. That markets self-regulate to a point, which happens to be the same point at which the word FREE goes out the window. That bias is not undesirable, per se.

I am sure that you and I agree more than we would disagree on many an issue, this one included. It is not my intent to argue, though I would happy to engage in discussion. I am only here to express another point of view for the benefit of this blog’s readers and to, in someone else’s words, engage in a civil exchange of ideas between bloggers.

Henry, a non-utopian advocate for the Free Market

The Federal Government’s Monopoly On Force Will Be America’s Bane

The Federal Government’s Monopoly On Force Will Be America’s Bane.

I saw something here that made me think about the Aurora Colorado Theater shooting a little deeper…

People are asking “what went wrong?” They are wondering why every so often we hear about some random shooting in America’s heartland. Is it the culture? Is there something in the water? Were their parents neglectful or abusive? Did they just snap? I am sure that these, and more, are all contributing factors on the whole, but do any dare look to the examples set by our own cherished leaders, not just in the public schools and mass-media which have been specifically tasked with the brainwashing of the people to accept things the way they are, but also in Government and in industry. Don’t get me wrong; wicked behavior is primarily the responsibility of the individual perpetrator. But could the tone set by, for example, our own murderous foreign policy (combined with our murderous domestic policy, à la publicly funded abortion, incidents such as Waco, Ruby Ridge, Fast and Furious, as well as other examples of immoral or excessive uses of force) which is accepted not just as a necessary evil by the vast majority of so-called Americans (though I personally reject them as my compatriots), but actually a necessary good, have an important role as well?

My dad has his own theory about what went wrong. He speculated that it all has to do with the recent Supreme Court decision upholding ObamaCare. Did the shooter pour out his whole life (and more resources than he could afford without going heavily in debt) into his future medical career? Will not medicine and the medical profession be heavily regulated, rationed, and unionized? Are not all doctors to be underpaid public employees (assuming that that is not an oxymoron) under ObamaCare, where they otherwise would have been highly paid professionals working in the [formerly, yet minimally, free] marketplace? That is not to excuse the shooting as some sort of dignified protest against big government and the ruin it brings to many lives, of course. I think this whole theory is as valid as any. No doubt people have gone “postal” for far less than this.

By the way, I did see the film (which was better than the last one by a factor of ten, and contrary to the fear mongering of some, had no excessively harmful subliminal messages). It was about 15 hours after the shooting.  No crowded, over-hyped midnight showing for me. I did not once feel compelled to look to the clearly defined and posted theater exit to see if someone was going to barge in and open fire. That added to my moviegoing experience. We should all enjoy it while we can. I suspect that the newer, friendlier gestapo perverts’ porn-grope molestation and other attractions will be coming soon to a theater near you.

Bell Curve of Despotism

Bell Curve of Despotism.

ptb

PTB

P.T.B.

Pe.Te.Be.

Pee.Tee.Bee.

Powers.That.Be.

Petty, Tardy, Banal

Partial, Total, Brutal

Preachy, Tactless, Barbaric

Perverted, Truculent, Bribable

Pernicious, Tyrannical, Blithering

Plundering, Treacherous, Bloodthirsty

Plutocrats > Technocrats > Bureaucrats

Plundering, Treacherous, Bloodthirsty

Pernicious, Tyrannical, Blithering

Perverted, Truculent, Bribable

Preachy, Tactless, Barbaric

Partial, Total, Brutal

Petty, Tardy, Banal

Powers.That.Be.

Pee.Tee.Bee.

Pe.Te.Be.

P.T.B.

PTB

ptb