My Plan To End The Fed

Gee, the value of my labor is exactly equal to the value of any of my neighbors labor?

As nice as that might sound if I were a deadbeat, I'm not so it doesn't. Thanks, but I'll pass.

As I stated before. BwahhahhAA. Communism? You're advocating communism? No more ism's!

You say every county would have it's own currency. Without getting into some sort of standardization so people can spend money outside their county, there are more problems. Who prints these county credits? Why do they have value and how do they hold value? If your county government changes, or you change the system, doesn't someone's life savings become worthless? Isn't that what we're fighting now?

The Constitution calls for gold and silver coinage. Article 1 Section 10 has a clause specifically preventing banks from overprinting bank notes by obligating the States to only allow gold and silver coin as payment of debts. It's inflation - proof, counterfeit-proof and guarantees that the nations wealth will be distributed across the population rather than centralized in one place.

If you're going to dream up new monetary systems, you might want to have some sort of knowledge base built up first. If you did, you'd know that there is a difference between a US Note (Treasury), a bank note (FRN), and a deposit certificate. You should know the legal and textbook definitions of money. You should know the Coinage Act of 1792. Then you would know what "lawful money" is, and why "legal tender" isn't the same thing.

And as for your further comments - No the federal government isn't unconstitutional, just big chunks of it. And gold and silver require no "king's stamp" to be considered money. These metals have universal value and uniquely stable purchasing power. Go to any country in the world with nothing but the clothes on your back, and a blank 1 ounce gold bar. You would not go hungry or go without shelter ... unless you're an idiot. Gold and silver are "lawful money".

Lastly, I hope you have fun posting non-sense to the forum here. It's kinda sad, as you could be spending your time constructively. I sometimes wonder if trolls and flame baiters are people with no life.

Mike
"Fire Team for Freedom" and "Operation Daily Paul"
on revolutionbroadcasting.com
or visit www.mikeandjake.com

end the fed replace it with nothing!

First of all your plan is unconstitutional not to mention just another fiat scheme. Anytime the power to print money or issue credits as you put it is concentrated in a central power you will end up with deficit spending because the money is created from nothing. Sorry been there done that and it has ended badly every time in history.

It is unconstitutional; because only the federal government has power to coin money and regulate the value thereof. Coin is not the same as print or issue of fiat credits. And it has to be gold or silver. The states can issue gold or silver and allow competing currencies.

The best way to eliminate the fed is just as Ron Paul has prescribed by allowing competing currencies and let them compete with fiat money. He has advocated repealing legal tender laws to this end, however I don’t think we even need to do that what we need to do is take over our local and state governments and exercise our state and personal sovereignty and allow such competition forcing the Federal government back to its constitutional bounds by so doing.

The one part of your plan that has merit is the Sheriff using his authority to keep the Feds in check within their constitutional bounds ( in many cases expelling them as they have no jurisdiction in counties for much of what they do) in his county

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So the only way to earn money would be performing community service? So if you owned a grocery store, how would you pay your suppliers? Most likely they would NOT be located in your county. And, since you can only earn money by performing community service, would that mean all your food would be free? With no "cost", people would ravange through the food during the good times, and starve during the bad times.

Please go back and do your research. There is a reason why there is a national currency, there is a reason why there is currency in the first place, there is a reason why fiat currency is used, etc etc. Even if you could make this system happen tomorrow, you would soon learn all those lessons that history has already learned. History is bound to repeat itself unless you learn from it.

It looks like everyones time is worth exactly the same. That will energize exactly 0% of the population. Sounds like "to each according to his need".

We definitely need something better than the print and spend system.

While I disagree with your plan as it is socialistic and neglects the individual for the community I hope otherpeople keep it bumped with new ideas.

I'm reading "Web of Debt" by Ellen Hodgson Thomas and she goes through several alternatives to the FED that are very reasonable-one that was proposed by Benjamin Franklin.

I don't think we'll get anywhere near the FED until we make it a number one priority and make it clear to every elected official they will not get reelected unless they are dedicated to eradicating the FED.

Until the day that we have a majority of freedom minded people we should set up a community based LETS system which involves some work, but can be done with a consortia of neighbors. The resistance will be local and spontaneous.