September 3rd,2010

How to Save the Republic from Collapsing – Part 1

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November 28, 2008 at 9:41 am

by: Allison Bricker
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NOTE: This is the first part in a 4 part series. Your questions and commentary are both welcomed and appreciated.

 

Albert Einstein once quipped that the definition of ‘insanity’ is doing the same thing over and over again and expecting different results. This then begs the question; why do so many of our fellow citizens think government intervention into our economy will stave off the coming economic depression? We need only look back to the last group of supreme central planners, ergo Herbert Hoover and Franklin Delano Roosevelt & Company to see that government intervention/interference is both the root cause and sustaining force of large economic recessions and depressions.1

It is imperative that we look to the not so distant past, educate ourselves to the actual history, and begin a candid discussion of the facts with our friends, neighbors, and fellow citizens. If we fail or refuse this effort, it is my analysis that the consequences which will reveal themselves in short, will be more disastrous than those of the 1930′s. However, where some predict and hope for the fracturing of our union, I see opportunity, regardless of the pending collapse or fracturing. It is my fervent belief that there are many amongst us who will not stand idly by and watch the greatest experiment in human liberty perish from this Earth.

While it most certainly will be an uphill battle, success in our endeavor will secure the blessing of debt free liberty to ourselves and our posterity. Furthermore, the path to reclaiming our Republic from the jaws of the central planners is illuminated before us; if we only take the time to look upon the lessons of history. It is my estimation that three crucial steps are needed in order to right the course of the Republic back onto its Constitutional governance and towards the path of a “more perfect Union”.

The first among these three steps is to seek the complete abolition of the 3rd Central Bank of the United States, better known as the FEDERAL RESERVE. Moreover, we must seek an amendment to our federal Constitution which prohibits the establishment of any future central banking schemes and requires the federal government only produce sound money backed either by silver, gold, or platinum; produced solely by the United States Department of the Treasury.

It is important to note that the three steps will not happen in rapid succession, as it would be naive to entertain such a notion. Instead, with each corrective action we will gain both time as well as more stability in which to continue the restoration of the Republic. It is inevitable that this deleveraging and short run into the FEDERAL RESERVE NOTE Dollar will cease. The FEDERAL RESERVE whether it knows it or not has sealed its fate, a “poison pill” due to its ability to print an endless supply of FEDERAL RESERVE NOTES. There is a reason that every “fiat” currency throughout history has collapsed onto itself.2 Thus, it is my analysis that by the Spring of 2009, hyper-inflation will begin to set in and this will allow for the movement to abolish the FEDERAL RESERVE to begin in earnest.

In addition to abolishing the FEDERAL RESERVE and preventing a subsequent reincarnation, we will also examine why we need to repeal the 16th amendment, Income Tax, and the 17th Amendment, The Direct Election of Senators, steps two and three respectively. Finally, this series of posts will conclude with an examination of the parallels of government interference during the Great Depression, and our current economic crisis.

It is my hope that readers of this post will ask questions via the comment section, on their blogs, forums, etcetera. Through an honest and open dialog whereby the free exchange of ideas can take place, we just as those who came before us will see our Republic safely to the other side of this crisis.

Long Live the American Republic!

Source(s): 1FDR’s Folly – How Roosevelt and His New Deal Prolonged the Great Depression2 The Financial Organization of Society, by Harold Glenn Moulton-1925, pg93, University of Chicago Press

5 comments so far

  1. David Z
    #1

    Good stuff – although I think the “Spring 2009″ prognosis for U.S. hyperinflation is sensationalism, at best.  I too understand the nature of fiat currency, and their inevitable collapses, I just don’t think we’re that close to it, yet.

    [Reply]

  2. Allison Bricker
    #2

    David,

    Thank you for taking the time to read my post.  There is nothing I would like more than to be incorrect on my prognostication. However, with the verbiage coming out of the office of President-Elect regarding “quick action” coupled with the further erosion of commercial real-estate, auto and credit loan defaults, as well as Christmas credit card bills coming due, the idea of continued bailouts for all those with their handout will have grown even more long in the tooth.

    Admittedly, the verbiage coming out of Mr. Peter Schiff also plays in part to my overall pessimistic view on the new year.

    Respectfully,

    Allison

    [Reply]

  3. Liberty
    #3

    This site is running history of Federal Reserve:

    http://www.postchronicle.com/commentary/article_212190239.shtml

    Recommend also Bruno Leoni “Freedon and the Law” re: problem with legislation wriging law instead of Court being separate branch. 

     

    [Reply]

  4. Ryan
    #4

    Well written.  Thanks for sharing.

    [Reply]

  5. Parker
    #5

    Honestly, my feeling is that we will continue to see crisis after crisis until the intended result is achieved.  As to timing, I don’t know that we can pin point it, but I do think that we know which way the river is running, and there is an innevitability to that flow.  Now as to whether people will freak and “take” what is offered up to them as a “solution” is where the rubber meets the road in my opinion and this si where your message, Alli, and others like them become so important.  While Ron Paul enjoyed high poll numbers for his debates, he was sidelined.  I think this was no mistake.  Anyone talking about sound monetary policy probavbly doesn’t have a chance.  Kennedy was part of the elite structure and turned on them (began printing Treasury Notes and wanted to take down the CIA) and look where that got him….

    [Reply]

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