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| Late Great Super Power America |
| Devaluating the Dollar & Economy Duplicity, deceit and lies More Laws Patriot Act Postponing Presidential Elections? Terrorism Tricky Technology Here we are in the Early years of the 21st century and we find that instead of flying cars, wonder technology doing everything or us, all people being fed, clothed and sheltered we are facing critical problems which are bringing about the destruction of America as a Super Power. We the People of these United States may think that we are the best nation on earth and that America is Forever, the truth, the terrible truth is that America as a Super Power is on the way out. America was once, not too long ago, a Proud Nation which was looked upon as being a land of Promise, Equality and Opportunity. After 9-11 and the Administration's attacks on Afghanistan and then Later Iraq under False Pretenses, the Rest of the World is looking at America as some strong arm school yard bully who really ought to sit down and take a breath. Then the Iron Curtain Fell America was left with nothing to fight. The cold war was won, not through guns and ammunition, but by America's ability to outspend the enemy. The cost of that was a deficit which was paid off in 2000. For the First time in decades America the government had gone into the black. That was soon changed and now America sinks deeper and deeper into debt as War wages merrily on and rumors of forth coming war continues to make the rounds. The War on Saddam has now become a War on liberation fighters who seek liberty from the Tyrant America. Yes that is exactly how they view America - as a tyrant. Of course we no longer call them freedom fighters or a Liberation Army, we call them Terrorists simply because they are going against what America (politicians) few as being right and proper and best for the world. The Economy, the War on Drugs, the Patriot Act, the lies, the emerging technologies which are stripping away our freedoms, our privacy and our Way of life are all there for all to see. These problems are aspects, are facets of a larger picture one which not many people stand back and take a good long hard look at. First we will look at the details then we will take a step back and take a hard long look at the big picture. -' DEVALUATING DOLLAR & ECONOMY: Right now there is a War going on, a War with the European Union and America stands a good chance at losing this war. Haven't heard about it? Perhaps this is because you haven't been following the Devaluation War. The Problem stems from the small fact that America's Dollar is worthless - except for the confidence in the Dollar by the whole world the Dollar has nothing backing it. No gold, No silver, nothing. The dollar is a "Federal Reserve Note" which says right on the face of the dollar "This note is legal tender for all Debts, public and private." Used to be the Dollar was a Silver Certificate, on the front of the dollar it said "One Dollar In Silver Payable on Demand" www.saintjoe.edu/%7Ebobs/econ/Banking/Silver.html Even if you have such a paper bill today the Federal Reserve will not pay you one dollar in silver. The Paper money you have in your wallet is against the constitution - meaning it is illegal. http://www.house.gov/paul/congrec/congrec2003/cr090503.htm " Our Founders thoroughly understood this issue, and warned us against the temptation to seek wealth and fortune without the work and savings that real prosperity requires. James Madison warned of "The pestilent effects of paper money," as the Founders had vivid memories of the destructiveness of the Continental dollar. George Mason of Virginia said that he had a "Mortal hatred to paper money." Constitutional Convention delegate Oliver Ellsworth from Connecticut thought the convention "A favorable moment to shut and bar the door against paper money." This view of the evils of paper money was shared by almost all the delegates to the convention, and was the reason the Constitution limited congressional authority to deal with the issue and mandated that only gold and silver could be legal tender. Paper money was prohibited and no central bank was authorized. Over and above the economic reasons for honest money, however, Madison argued the moral case for such. Paper money, he explained, destroyed "The necessary confidence between man and man, on necessary confidence in public councils, on the industry and morals of people and on the character of republican government." The Founders were well aware of the biblical admonitions against dishonest weights and measures, debased silver, and watered-down wine. The issue of sound money throughout history has been as much a moral issue as an economic or political issue. Even with this history and great concern expressed by the Founders, the barriers to paper money have been torn asunder. The Constitution has not been changed, but is no longer applied to the issue of money. It was once explained to me, during the debate over going to war in Iraq, that a declaration of war was not needed because to ask for such a declaration was "frivolous" and that the portion of the Constitution dealing with congressional war power was "anachronistic." So too, it seems that the power over money given to Congress alone and limited to coinage and honest weights, is now also "anachronistic." It must be understood that the only thing backing American Money is the Confidence that the Dollar That America Can honor its money. How can a Country which is trillions of dollars in debt not only to the rest of the world but to itself possibly honor the worth of the Dollar? By issuing more promises. This is like paying an IOU with more IOUs Try that at the bank and see how long you can go before your wages are garnished. Up until the year 2000 America was the strongest and only economic currency that was trusted. But then the European Union came up with the Euro. The Euro combined all of the states of the EU into one currency, one standard making one Economy which rivals America. Until the Euro the European Economy was broken apart and weak as individual nations. The Change over to the Euro was remarkably smooth; the largest currency change ever went with out any major problems. Not only was the switch over smooth compared to the size of that undertaking but the Euro was growing in strength and was outstripping the American Dollar. The problem is a systematic Economy War being fought. http://www.gold-eagle.com/editorials_03/wallenwein072603.html Unfortunately, America the Late Great Super Power is alone and is the main target in this war. Should OPEC decide to use the Euro to base its standard for oil, and Should America continue the Devaluation war with the Euro, America could end up being left out in the cold. http://freerepublic.com/focus/f-news/1057840/posts America the Super Power is a Super Power because of its economy, Military Might and its ability to lead the world. The Economy is going south, fast and all indicators are pointing at this pillar of American Strength being pulled soon. The collapse of the American Economy would affect the rest of the world if it happened today. The rest of the world is watching and changing the way they do business and turning to the impressive, strong Euro. This means that in a few months a couple of years the pulling of the economic pillar of America will have far less ramifications for the rest of the world. Unlike the Great Depression of the 20th Century the Not-So-Great American Depression will be mostly felt by Americans. The Confidence in America is no longer there. |
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