Thursday, February 21, 2008

The Constitution, War, and the Fed (aka The Good, The Bad, and The Fugly)

Unconstitutional.

What exactly does this word mean and how much have we fucked this principle up?

Well, in a Constitutional Republic like our beloved United States of America (we are NOT a Democracy), any law passed and basically anything done by anybody within our borders must be constitutional, or permitted by The Constitution of the United States.

Therefore if something is unconstitutional, it must be against the law and the person who commits this act of treason should be punished, right?

Right.

And you know what? Our Constitution gives us a lot of freedoms (freedom of press, religion, etc. You know the drill).

Well there’s some parts of this document that not many people know we are breaking.

Here’s one lovely example: war.

NEWS FLASH: We have not had a legal war since Word War II.

Yes that includes Iraq.

Here’s why: According to the Constitution, war must be declared BY CONGRESS!! In case you didn’t know, every war we’ve had from the Korean War to the Iraq War has been declared by the President, thus implying that EVERY WAR WE’VE FOUGHT SINCE THE 1950’S HAS BEEN ILLEGAL!!

And there are so many more examples out there (if you are willing to look). Fact of the matter is, our country is bombarded by so many unconstitutional laws, wars and taxes and the public doesn’t know shit about it!

I’ve said it before and I’ll say it again: It’s all about money. The government wants every dollar you own. Wars are just another excuse to gather more cash from your pockets. And it doesn’t go to government programs either. It goes to the Federal Reserve. And the Federal Reserve is such BULLSHIT! (By the way, the Federal Reserve is unconstitutional, too!)

Here’s something I bet you didn’t know: the dollar has NO value whatsoever. Before 1971, the dollar was backed by gold. This meant that if you REALLY wanted to, you could exchange a dollar bill for the equivalent amount in gold. But, now this dollar is backed by NOTHING. It is PAPER…worthless at that! The only way it has ANY value is by the amount of the currency is in circulation. And during war, the circulation of money is increased, which causes INFLATION. Ugh…

In the end, it’s a really complicated process, but trust me on this: the Fed was a bad idea.

Ok…if you don’t trust me, TRUST THE FACTS:

http://www.brainsturbator.com/forums/viewthread/685/

There are quite a few graphs on there to show how the Fed is failing. It was DOOMED for failure from the beginning and now we’re heading into a recession.

Am I being pessimistic? No. I’m being realistic. I like to be optimistic, but it’s pretty goddamn hard when you’re dealing with FUCKING amateurs (God bless you Walter! You’re actions in ‘Nam have not been forgotten!).

2 comments:

Fesomelia Straelemotus said...

as much as i hate people who constantly bring up these disasters...

look how the govt responded for the hurricane katrina. ths US always has money for what it wants to do, like expensive space exploration, costly war, and such. but their pockets suddenly dry up come internal strife. this is an example of how the govt was unable to respond to an internal affair. and if the govt cant control what goes on in its own county, then why is it trying to take over the world?

simply put, the govt is losing its effectiveness. drastic changes MUST be made, SOON, or next time tragedy strikes, were gonna see the same shit happen again.

Anonymous said...

Sorry to burst your bubble, but your little rant there is ignorant, almost completely unfounded, and incorrect.
The fact is that we have not had formally declared war since WW2, but that does not mean that Korea, Vietnam, Desert Storm, or Iraq have been illegal. They have all been issued through executive orders, which is perfectly legal, even if it is a little dodgy. But the fact remains that Congress had the power to remove troops after a certain amount of time in every instance, including Iraq. The president has the right through the War Powers act of 1973 to commit troops to any location in the world, for up to 90 days. After that, Congress has to approve of the action taken by the President, and at any point after their approval, Congress can end their support, and troops will have to be removed.
So, since all of the “wars” since WW2 have not been “wars”, they have not, by any sense of the imagination, been illegal. I’m not saying I agree with those wars, but it’s a fact that they have not been illegal.
On your other point, about the Federal Reserve, it is absolutely constitutional. Nothing in the constitution mentions anything about creating a non-governmental agency to watch over the monetary system, and it has absolutely been something that is “necessary and proper” to help the country, and so you have no basis in saying the Fed is illegal. The Fed is a quasi-public institution, and without it the commercial banking system would fall apart.
And for the record, no monetary supply in the world is currently backed by gold. The amount of gold that this country has is large, but it is nowhere near the amount of money that the public has. It is impossible for a “gold standard” to exist anymore, the value of money is now simply what the piece of paper says. Money’s value comes from the people’s trust in the United States, because money is a debt from the Federal government, to the person holding the note. More specifically, the Federal Reserve holds the debt, since money is a Federal Reserve note. This is how the monetary system operates. You cannot change that. Also, it might surprise you to know that your normal bank does not hold enough money at any time ever to cover all the debts that it has on hand, in other words, all of its checking accounts. That’s a simple fact of our banking system, that banks only hold the minimum amount possible, either 3% of deposits, or 10% of deposits if the amount is more than 43.9million.
And actually, circulation of money is increased every day, no matter whether we are in war or not. The Fed creates around 40 to 80 billion dollars a day, sometimes more, sometimes much less (Yes, they can do that, and I could explain). So, pretty much, the Fed was actually a great idea, since it creates an organization outside of the political spectrum to run our country’s financial system. And actually, we won’t be in a recession, just a downturn, where our economy grows slower than normal. The only really poor sector is housing, which is only around 5% of GDP, so the effect is minimal on the overall system (once again, I could explain in more detail if necessary).
And Katrina was an example of a poor political move by an inept administration. The money was still spent or recovery, just not fast enough.
All in all, wake up to the world, and learn economics or anything about the constitution before you go on such an ill-informed rant again. Hope I was of service.

P.S. those graphs all show the same thing: that the Fed has cut interest rates to stimulate borrowing, in order to revive the banking system, not to kill it.