Home » Economy » Get Educated

Get Educated

The Creature from Jekyll Island

The Creature from Jekyll Island

It is my understanding that people make reasonable decisions based on the information they get. The problem is the information they get is not always truthful. If you want to get super-philosophical, then nobody ever really knows the truth. The only thing I can trust is information that is at least honest.

For example, people who talk about big government always deal with half truths. They talk about the benefit while downplaying the negative. When the Federal Reserve System was enacted, it was promoted as a way to take power away from the money trust, regulate interest rates and make sure that the country never ran out of money. What they didn’t tell the people was that the system was designed precisely by the money trust (J.P. Morgan, Rockefeller, Kuhn Loeb, and the Warburgs) in secrecy. The System was designed to artificially lower interest rates to encourage loans and expand the credit and money supply, which caused many bad investments to be made. When these loans were recalled, they were defaulted, and the recent boom and bust cycle was created. After the crash of ’29, the banks were cleaned out of their cash and the Federal Reserve didn’t supply them with any, which was one of the “reasons” it was created in the first place. (See America’s Great Depression by Murray Rothbard and The Creature from Jekyll Island by G. Edward Griffin)

Austrian Economics, another term for free market or laissez faire, makes sense because it is honest about its’ faults and fairly criticizes and compares the alternative, which is socialism or communism. If people were to honestly look at the material, I believe they would not be afraid to embrace it and at least 75% (obviously a guess, basically I am saying an overwhelming majority) of Americans would be in sync on the basic fundamentals that our founding fathers provided for us, at least I would hope so. Opposition, of course, would come from beneficiaries of the current system.

For Liberty of these States United,

Aaron Burr is my Hero


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: