Audit the Fed (How the Republic has fallen)

I have read a few pages of the document that jct181 links to. It appears that Mr Todd was essentially the economic administrator, no, dictator of the region. His journal records orders against settlement of certain areas, orders to execute slaves by burning them alive (remember, they were property), orders to cease exporting goods from the region in order to ensure that there would be enough for the troops to use and as mentioned above, proclamations for the purpose of managing the prevalent fiat currency. I wonder how the man felt about exerting that kind of authority.

A pretty sobering look at what martial law is about. At least, that's the impression I am left with.

jct181, thanks for sharing this. It's an education in itself. Wish I had the time to read the whole thing through.

You can download a document called "Early Chicago and Illinois" here: http://www.archive.org/details/earlychicagoilli00maso

John Todd's record book goes from page 289 to 357.

Here is another excerpt that is very timely to the current issues of this country. I include below a copy of a letter sent from Thomas Jefferson (the Governor of Virginia at the time) to my ancestor. Debts, fiat currency, and the like are discussed in the letter. Reading the letter, I think you can see first hand the anxiety that our Founding Fathers had regarding paper money and issuing debt.

Notice Jefferson's words regarding the need to "prevent the injury and disgrace of protested bills." He's talking specifically about making sure that their money retained its value. He actually uses the word "disgrace" to describe depreciated money. I wonder what he would have said about printing a trillion dollars in one year.

WILLIAMSBURG, March 19th, 1780.

Sir:--Your Letter from the falls of Ohio, of Dec. 23d, came safely to hand. You mention therein that you have not in a twelvemonth received any Letters from hence, I know not what were written before the 1st of June last, but since that time I have written several to you.

The Expences attending the support of our Troops in the Illinois has obliged us to call them all to the south side of the Ohio, where our paper money is current. Hard money is not to be got here, and we find the difficulty of sending commodities to New Orleans, very great. The Draughts from yourself and Colonel Clarke on Pollock, those presented us by Le Gras and Lintot, others for about 50,000 Dollars presented by a Mr. Nathan from the Havannah, who took them up at New Orleans, being all claimed in hard money or commodities at the hard money price, have rendered us bankrupt there--for we have no means of paying them.

Mr. Brusegard's bill for 30,000 dollars will be on a footing with these. We will accept it. Promise payment, and make it, --- --- --- as soon as we shall be able. We have no bank in France, or any other Foreign Place. There being an absolute necessity of obtaining from New Orleans supplies of clothing and military stores for Colonel Clarke's men, we shall endeavour that our Board of Trade shall send commodities there for that purpose. But to prevent the injury and disgrace of protested bills, we think that in future all bills must be drawn by them, in which case they will take care to make previous provision, for their payment.

I am therefore to desire you hereafter to notify to us your wants, which shall be provided for as far as we are able, by bills from the Board of Trade, sent to you or to New Orleans.

Provisions and all other articles, which our Country affords, will be sent on the south side of the Ohio.

I must beg the favor of you to send me a list of all the bills you have at any time drawn on us, specifying where they are drawn in dollars, whether silver or paper dollars were intended, and if paper, at what rate of depreciation they were estimated; the known price of commodities in hard money or peltry will serve you as a standard to fix the rate of depreciation.

We cheerfully exert ourselves to pay our debts, as far as they are just, but we are afraid of imposition, for which the rapid progress of depreciation has furnished easy means--yourself alone & Colonel Clarke can guard us against this by timely and full information in what manner your several draughts ought in justice to be paid.

I am sorry you think of resigning your office in the Illinois, the withdrawing our troops from thence will render the presence of a person of established authority more essential than ever.

Your complaints concerning your allowance we think too well grounded and will lay them before the Assembly in May, who we doubt not will remove them, the other objections, I am in hopes you can get over.

It would give us much concern should any necessity oblige you to leave that Country at all, and more especially so early as you speak of. I am Sir, with great esteem your must humble servant.

[Signed,] THOS. JEFFERSON.

I had 7 great... grandfathers that fought in the Revolutionary War.

I look at myself and I don't feel like I've let them down.. I look at the people between then and now that allowed it to happen gradually as the let down.

Because If I want back what they had, I might possibly have to do what my great grandfathers did.

I sure wasn't born into that Freedom that The Original Founders Established

My family dates to colonial times. All born in NH. All devout patriots.

If my grandmother were alive today she would be protesting along side the rest of us. The Patriot Act is what is especially alarming to me. Once that passed, the real abuse of the Constitution started. Its like it absolutely does not matter at all anymore.

I cant point to any other event that caused the gov to ignore our documents more than that piece of sh*t legislation.

even needed if RPs bill is still out there and not acted on yet?

http://market-ticker.denninger.net/

PREAMBLE, Constitution of the Commonwealth of Massachusetts:

The end of the institution, maintenance, and administration of government, is to secure the existence of the body politic, to protect it, and to furnish the individuals who compose it with the power of enjoying in safety and tranquillity their natural rights, and the blessings of life: and whenever these great objects are not obtained, the people have a right to alter the government, and to take measures necessary for their safety, prosperity and happiness.

The body politic is formed by a voluntary association of individuals: it is a social compact, by which the whole people covenants with each citizen, and each citizen with the whole people, that all shall be governed by certain laws for the common good. It is the duty of the people, therefore, in framing a constitution of government, to provide for an equitable mode of making laws, as well as for an impartial interpretation, and a faithful execution of them; that every man may, at all times, find his security in them.

We, therefore, the people of Massachusetts, acknowledging, with grateful hearts, the goodness of the great Legislator of the universe, in affording us, in the course of His providence, an opportunity, deliberately and peaceably, without fraud, violence or surprise, of entering into an original, explicit, and solemn compact with each other; and of forming a new constitution of civil government, for ourselves and posterity; and devoutly imploring His direction in so interesting a design, do agree upon, ordain and establish the following Declaration of Rights, and Frame of Government, as the Constitution of the Commonwealth of Massachusetts.

I concur with rocketman. I have always wanted to view the writings (first hand) of the words of a soldier in the continental army. I think it would serve well to all at the DP to reflect on the words of our past.
~If your not having fun during a revolution, your not doing it right!~

an audit is the least of the FED's worries, and you will soon have the chance to live up to your ancestor's example:

http://www.24hgold.com/english/news-gold-silver-zinc-dimes-t...

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"the only thing that keeps the banking system from failing is general ignorance about how the banking system works."
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i understand exactly what you are saying. i walk my dog, practically daily, past a site where a handful of Patriots from the Continental Army were buried before the battle of Trenton on Christmas. i feel tremendous guilt when i look upon their graves. these men gave their lives, dying from sickness and exposure, before ever even making it to that particular battle. i couldn't imagine what it must be like to actually see the written words of a relative. it would be really cool if you could scan some of those pages and upload them.