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All Da King's Men

New Year Looking Up Already

By Da King Published: December 31, 2010

I'm optimistic about the coming year in poltiics, if for no other reason much worse can things get ??? The last two-three years have been a disaster.

To start your year off right, I'll point out the good news. Pelosi Galore will no longer be the Speaker Of The House. She will no longer be second in line for the presidency of the United States (I'm still trying to figure out how that happened in the first place. Shouldn't there be a test of some sort ? Having Pelosi in line for the presidency is like having Forest Gump in line to chair the Federal Reserve should something happen to Bernanke. It's simply unacceptable).

Speaking of the Federal Reserve, here's a little year-end tidbit. Did you know that before the Federal Reserve was created, the value of the dollar INCREASED between the years 1800 and 1912 ? It's true. One dollar could purchase much more in 1912 than it could in 1800. Since the Fed was created in 1913 to give us a more stable monetary and financial system, the dollar has DECREASED in value by 95%. Check it out yourself at The Inflation Calculator website. Great job, Fed.

Now for a pertinent quote about the Fed - ""Whoever controls the volume of money in any country is absolute master of all industry and commerce." - President James A. Garfield.

Another quote - "Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States." - Sen. Barry Goldwater

I believe the non-auditing of the Federal Reserve is about to change now that some real conservatives will be in charge of House oversight of monetary policy, namely Rep. Ron Paul.

And I can't leave out this prescient quote from my favorite guy - "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -- President Thomas Jefferson.

Perhaps I'll make reading End The Fed by Rep. Ron Paul one of my New Year's resolutions. I'm not sure if I do want to end the Fed, mainly because I can't quite imagine it not existing, but I'm always open to suggestion.

Lots more quotes about the Fed here.
I should probably do one of those best-worst political recaps of 2010, but everyone else will do that, so I'm not gonna.
Happy new year, everyone !!!



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