By Cliff Johnson

Money is a representation of someone’s personal production or accumulation of wealth that is accepted as a medium of exchange for goods or services.

Money is a representation of production, and in most cases, production is a result of manual labor.

For thousands of years, Gold and Silver have been widely accepted as money. Why? Of course its desirable beauty must be taken into account, but the real reason is because it represents labor or production. Gold and silver are rare metals where the ore must be mined, processed and worked into a finished product. See Gold Mining

What gives gold its value?

Being that gold and silver are physical representatives of actual labor, its value is based on the labor and resources that were expended to produce the final product.

Gold and Silver acquisition (of the past)

When a person worked or labored to earn money, many were paid in gold or silver. When that person accumulated the gold and silver as their earnings, it became a representation of their past labor and accumulated wealth and could be used as a currency. Some people were compensated with more gold or silver based on intensity of labor or difficulty of expertise. Based on the individual, they saved or spent their earnings, as they saw fit.

The Banker’s Scheme

There were several inconveniences of accumulating gold and silver; among them were two obvious instances: Portability and protection. To protect their wealth, people would deposit their gold and silver into a bank for safekeeping and when they needed funds, they would make a withdrawal.

When someone made a deposit, the bank would issue a certificate or receipt acknowledging the deposit and the receipt was redeemable for their gold or silver on demand.

Before long, people became accustom to accepting these receipts and were trading them instead of the actual gold and silver that they represented. This was a more convenient and secure way to transport and trade their money. After all, if the bearer of the certificate wanted the gold or silver, they would simply go to the bank and redeem.

Simple enough, right? Well the bankers began to realize that very few people were ever redeeming these certificates for the actual gold and silver. They ended up having large reserves of gold and silver on hand so they decided to take advantage of that situation. They began lending bank “notes” to people beyond the gold and silver reserves they had on deposit. A “Note” is a representation of “Debt”, not money. In fact the complete opposite of money. This practice is known as Fractional Reserve Lending. They began to write bank notes that were not secured by actual gold or silver deposits, and then lend them at interest. This is counterfeit money because it is “debt” being represented as “money”. They were actually lending counterfeit money and charging interest. However, no one would know the difference. The banks had enough gold and silver to cover the occasional certificate redemption, and the “bank notes” they were creating, that were not backed by deposits, looked strikingly similar to the previous certificates that were backed by deposits. With the public confidence in the banks, there would never be any question or any issue, and the people unknowingly continued trading these counterfeit bank notes amongst society as if it were money.

By the bank creating this counterfeit money, “bank notes”, they expanded the “Currency” supply by putting more bank notes into circulation than there was actual money (gold and silver) on deposit in their banks. This is known as “Inflation”. They compounded this problem by charging interest on bank notes. After all, where was the money coming from that would be used to pay the interest on the bank note? You must remember, that the money did not exist in the gold or silver deposits to begin with; therefore it had to be created from somewhere. So the banks just created more bank notes “counterfeit money” to cover the interest on the bank notes they had loaned out. The banks literally began creating bank notes (currency) out of nothing. They had no gold and silver securing the bank notes they were creating. As a result of “Inflation”, prices seem to be higher. What actually happens is the currency is loosing value because there is so much of it in circulation. The actual “value” of the goods and services remain the same. The “value” of a hamburger has never changed, it still provides delicious nourishment today just as it did 50 years ago. What has changed is the amount of dollars needed to purchase the same hamburger. There are TRILLIONS more dollars in circulation today. If you think things cost more money today, you are right, but you haven’s seen anything yet. Soon you will start seeing the effects of monetary inflation from tarp, bank bailouts, insurance company bailouts, auto bailouts, $8000 Government funded “Tax credits” to new home buyers, government funded Cash for Clunkers, etc. As I said, you ain’t seen nothing yet.

And so it continued in a vicious cycle that has spiraled so far out of control that we have landed where we are today. Understand that this process is no different than someone making Xerox copies of hundred dollar bills and using them at the grocery store. Or better yet, lending them to people at interest!

Over time, our central bank, The Federal Reserve, has changed the currency to look different and have different wording. But due to the abundance of public ignorance, most Americans are none the wiser that they are trading pieces of paper that represent “debt” not “money”. Our coins (Dollars, Halves, Quarters, Dimes) actually were made with 90% silver prior to 1965. They were actual “Money”. Now all we have is a worthless metallic alloy jingling in our pockets. They began making coins from a worthless alloy that looked the same and switched them out with our silver coins. Effectively robbing all of us of our silver. Let’s not forget FDR’s Executive Order in 1933 making it ILLEGAL for Americans to own gold. He ordered Americans to take their gold (Real Money) to the nearest Federal Reserve Bank and turn it in for paper money (Counterfeit Money).
FDR 1933 Gold Confiscation Act

So you think you have money?

Well, I am sad to say my friend, you don’t. You simply have pieces of inked paper or meaningless electronic digits that populate a computer screen that are now traded for goods and services out of ignorance and fear. The ignorance comes from the people who have no idea what money is, or even the purpose of money. The fear comes from our government who is perpetuating this illusion that the paper dollar is worth something. This scheme has been going on in the US for nearly a century and the Federal Reserve’s ultimate goal of total control of the money supply is nearly complete. The Federal Reserve, a private bank, was chartered in 1913 by The Big Bankers and the Progressives of the US Congress. The Federal Reserve, with the blessing of our federal government, has printed TRILLIONS of bank notes (AKA “The US Dollar”). The current US dollar in your pocket is worth less than 4 cents when it is compared to its value in 1912. We are talking the manifestation of TRILLIONS of counterfeit dollars. In the end, the banks end up with all the real money (gold and silver) and the unwitting depositors are left with nothing more than inked paper. This is how the international bankers have robbed the people of the world of their wealth. These are the bankers that laugh at us as we toil about our daily lives in pursuit of more of their counterfeit money while they hold the real money, gold and silver.

To reverse this a lot must be done. But the first step is to End the Federal Reserve System. The ability of the bankers and our government to print counterfeit money MUST be stopped. We must return to a sound currency of gold and silver and allow for competing currencies. Every state has the Constitutional right to COIN their own money provided that it is created from silver and gold.

America’s general lack of knowledge of monetary policy must also be reversed. Educate as many people you can. Start with yourself and your children. Money is common sense. If your gut is telling you that something is wrong with government monetary policy, trust your instincts.

Guy Tries to Sell Gold Maple Leaf for Face Value ($50)

FOR IMMEDIATE RELEASE

Republican Liberty Caucus of Northeast Florida is holding a Rally in Support of Ending the Federal Reserve Banking System

On Sunday, November 22nd from 10:30 AM to 2:00 PM outside of the Federal Reserve Building, 800 Water Street, Jacksonville, FL 32204, members of the Republican Liberty Caucus will be holding a rally to express support for “Ending the Fed.”

This rally is being held simultaneously at 38 cities across the country with various liberty minded organizations to express support for U.S. House Bill HR 1207 and U.S. Senate Bill S 604 authorizing a full and complete audit of the privately held Federal Reserve Bank System.

The local chapter’s chairman, John Stevens, says, “American Taxpayers deserve to have a full and complete audit to bring transparency to the Federal Reserve Banking System that has repeatedly created financial bubbles and exacerbated the current economic crisis.”  Mr. Stevens further adds, “Very few Americans realize that the Federal Reserve System is a privately owned banking cartel with the ability to create money out of thin air.”

Founded in 1991 as a 527 political organization, the RLC works to advance the principles of individual rights, limited government and free enterprise within the Republican Party and throughout the country at all levels of government.

For more information about the RLC, contact Northeast Florida Chairman John Stevens at 904-806-3586 or johncharlesstevens@msn.com.

For more information about this event, contact Activism Chair Victor Wilhelm at 904-318-7208 or VLW149@gmail.com.

November 11, 2009

Senator George LeMieux
1650 Prudential Drive
Suite 220
Jacksonville, Fl 32207

Re: Federal Reserve Sunshine Act

Senator LeMieux,

All government must be open and transparent like President Obama promised during his campaign. I assume you support this type of open book policy and I would ask that you support the senate bill S604 to audit the Federal Reserve.

Sincerely,

Charles R. Sheppard

November 11, 2009

Senator Bill Nelson
1301 Riverplace Boulevard
Suite 2218
Jacksonville, Fl 32207

Re: Federal Reserve Sunshine Act

Senator Nelson,

All government must be open and transparent like President Obama promised during his complain. I assume you support this type of open book policy and I would ask that you support the senate bill S604 to audit the Federal Reserve.

Sincerely,

Charles R. Sheppard