Republicae's blog

Through the decades, it is well known that unlike gold, fiat money holds certain advantages that simply cannot be duplicated with gold money. Unlike gold money, fiat money is not subject to the scarcity of quantity, thus the supply of fiat money is not subject to the same limitations of as the supply of gold.

Within all the disastrous disadvantages of the fiat monetary system that now infects this country and the world, there is one positive element and that is the assurance of its collapse. This forthcoming collapse will force this country and the world to look, once more, to the single monetary building block of economic production: gold. Just as fiat currencies lead to economic collapse so too do such collapses lead to a return to gold money.

Despite all the efforts of governments to substitute irredeemable paper, they have failed to demonetize gold and even though it is not used as legal tender, it still is recognized as money. That is a strange fact considering the immense pressure that has been placed on society by governments to erase the monetary value from gold. In the most widest consideration, given the sum of history, neither men nor governments for that matter, will actually trust anything other than gold as a hedge against economic collapse.

In order to come to a proper conclusion about Constitutional construction, one must understand the concept of restrictive qualification, for our system of government, both federal and those of the States, are guided by the principle of the restrictive qualification of powers committed to them respectively by the Constitution. As such, not only the governments, but within those governments, the various branches are, or should, be guided by the same principle, which essentially delegates authority within very specified spheres of action.

In consideration of the times in which we live and the character of government to which we are now subjected in this country, can there be any possibility that our Founders would have conceived and established a government that was so centralized in its supremacy when they fought, sacrificed and died to gain independence from a supreme government only to create one similar in supremacy?

Through the decades there has been almost a daily remodeling of the very substance of our government and of the intentional divisions created by the Framers of our Constitution to make such consolidation of government supremacy so cumbersome that any such attempts would not only cause conflicts, but pressing inefficiencies. When, in the course of such remodeling, the powers of representation become despotic, not only in its execution of power, but in its very nature, then it becomes the most desperate duty of the People to staunchly defend the original principles enumerated to enlighten the awareness of their Liberty.

Once the spheres of co-ordinate powers were clearly distinguished there was no doubt as to the operations of such powers or of the manner in which those powers should and should not overlap jurisdiction. As time passed however, the lines were intentionally blurred by the body politic as exclusive privileges were introduced, government pensions promoted and various judicial actions dispensed, which allowed an arbitrary power in government to collect and then dispense the wealth of this People at its pleasure, to determine the degree of Rights afforded to the People as though such Rights were a government grant. In doing so, this government has created the most lucrative partialities for itself and its beneficiaries, all in its attempt to gain a centralized supremacy over the system of federalism that once, to a degree, protected the People from the abuses brought about by both uninhibited ambition and the avarice that follows such ambition.

While it may appear that the Obama Administration has embarked on a totally different course from other Administrations, the fact of the matter is that it is simply a continuation of an agenda that has been operating in this country, to one degree or another, not only for decades, but for much, much longer.

"When, in the course of human events, it becomes necessary for one people to dissolve the political bonds which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the laws of nature and of nature's God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation." The Declaration of Independence

Fiat money is a medium of exchange, but it has no commercial commodity value, no producer or consumer value, nor does it convey any title to an underlying commodity property. The only method of imparting value to an irredeemable paper fiat money is through government decree based solely upon the enforcement of legal tender laws with threat of penalty.

Very interesting questions arise when discussing economic depressions and deflation since there has been a conditioned response that deflation is an inherent characteristic of economic depressions. The primary source of this conditioning is the commonly accepted “fact” that The Great Depression was characterized by widespread and deep deflation. The question is whether or not it is actually a characteristic of a depression or an anomaly brought about by interventionist policies?

In the Kentucky Resolution, Thomas Jefferson declared: “This Commonwealth is determined to submit to no undelegated and consequently unlimited power, in no man, or body of men on earth, even the President, whose suspicions may be the evidence, his orders the sentence, his officers the executioner and his breast the sole record of the transaction.

It is, at times, difficult to wade through all the subtle changes that have occurred in this country, particularly the truly drastic changes that took place during the 20th Century. The problem is that there is simply not much information about these subtle, but drastic and transformative changes that were implemented in our government and country but, there are hints.

What is free market capitalism? It is certainly nothing like what we witness today which resembles more of an official corporatism than actual capitalism. The first principle of capitalism is the Right of Private Property; it is the foundation, in fact of all other Rights, for without it the individual is at the mercy of superior power.