“We have it in our power to begin the world over again!”

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Presentation transcript:

“We have it in our power to begin the world over again!”

Part II- ECONOMIC FREEDOM Economic freedom encompasses unrestricted competition and free markets in all commodities, utilities and every kind of business enterprise -the role of government is to protect the lives and liberties of individuals and their properties. -There is no role for government in how individuals freely exchange their properties, goods or services. ECONOMIC FREEDOM requires, and begins with free-market money and credit...

Private Digital Gold Currency PDGC

United States Constitution ➲ Article. I. Section. 8. The Congress shall have Power... To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; ➲ More than two centuries of American history and 2,500 years of human history prove that Jefferson, Madison, and others were right...

Words of Wisdom "Banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." Thomas Jefferson, 1809

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments, by controlling money and its issuance." President James Madison, Father of the Constitution "Give me control of a nation's money and I care not who makes the laws." Mayer Rothschild, Patriarch of Central Banking

“The best way to destroy the capitalist system is to debase the currency.” Lenin “There is no subtler, or surer means of overturning the existing basis of society than to debase the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which only one man in a million is able to diagnose.” John Maynard Keynes

Wilson Signs Federal Reserve Act 1913 "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." - Woodrow Wilson

Wilson Signs Federal Reserve Act 1913 "I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit... “We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world..." Woodrow Wilson

“For if human liberty is to survive in America, we must win the battle to restore honest money. There is no more important challenge facing us than this issue -- the restoration of your freedom to secure gold in exchange for the fruits of your labors.” Howard Buffet (Warren's father) 1948 “The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit...In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.” Alan Greenspan 1966

“The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion.” “There is no means of avoiding the final collapse of a boom brought about by credit expansion.” Ludwig von Mises

“The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion.. or later as a final and total catastrophe of the currency system involved.” Ludwig von Mises

➲ There is no limit on what politicians will promise in order to remain in power ➲ There is a limit on how much politicians can tax ➲ Borrowing and currency debasement fill the gap ➲ Borrowing and currency debasement are the source of politicians' power ➲ Power corrupts- oldest gold coins known to exist show evidence of debasement

History is unambiguous. Money and credit cannot be entrusted to any government!

“The alternative is only whether the crises comes...sooner...or later..” Political reality and economic stability favor a phased transition from fiat money to free markets For round-table consideration: PDGC is established, effectively creating a monetary double-standard Step two- Social Security becomes an individual choice Step three- five year phase-out for other entitlements. Federal Reserve has no standards allowing it to borrow and print as deemed desirable. Five year phase out of the Federal Reserve after other entitlements have been phased out PDGC or a competitor remains as the market-adopted currency and gold monetary standard

Banking Is About Confidence, Character, And Credibility Free Market Competition is the key to credibility The Kochs have the character, credibility and stature needed to convince Carlos Slim, Bill Gross, Bill Gates, and Warren Buffet to attend PDGC round table discussions These men have the character and credibility required to inspire the confidence needed to establish a Free Market Financial System based on a superior model PDGC

Only Two Civil Laws Codes Needed Do unto others... Do everything you say you will do!

And Two Corollaries Pareto's Law- 20% of the people have 80% of the wealth. Under capitalism, the 20% have acquired their wealth by pleasing the 80%. Those who have the gold, generally get to make the rules, except in capitalism where buyers make the rules In free markets, every buyer gets to use their money to vote on every issue, every company, every good & every service every time they choose to enter the market. Can there be any broader measure of freedom or democracy?

An Essential Observation “Five percent of people think, ten percent think they think, and the other 85% would rather die than think.” Thomas Edison

THE BOTTOM-LINE "Only very few men have the gift of thinking new and original ideas and of changing the traditional body of creeds and doctrines. Common man does not speculate about the great problems.” “With regard to them he relies upon other people's authority, he behaves as "every decent fellow must behave," he is like a sheep in the herd. It is precisely this intellectual inertia that characterizes a man as a common man. Yet the common man does choose.” Ludwig von Mises

“He chooses to adopt traditional patterns or patterns adopted by other people because he is convinced that this procedure is best fitted to achieve his own welfare.” Ludwig von Mises The Reagan Wing is the key to political effectiveness. Political effectiveness is not enough... Economic Freedom is the second key to the Reagan Renaissance, and economic freedom requires the Private Digital Gold Currency PDGC

PARADIGM CHANGE Imminent onset of K-wave Winter creates the conditions favoring change: Political system- Republic replacing democracy- Reagan Wing Economic system- Austrian theory replacing Keynes Monetary system- PDGC replacing fiat currencies and Federal Reserve's fractional reserve credit system

Round Table Discussions Modeled after methods used to peacefully transfer power from white apartheid South African government to black ANC The Kochs can get the right people to a series of round table discussions: Political-Reagan Wing candidates plus Limbaugh, Hannity et al Economic- Mises.org faculty Monetary/pdgc- Warren Buffet, Bill Gross, Bill Gates, Carlos Slim & others

Details.. Understanding the execution is more important than grasping the details. The pivotal roles that you, the Koch brothers, are needed to fulfill is best understood by viewing the William Hurt movie, END GAME, which vividly portrays and illustrates the secluded, comfortable, round-table discussions that inspire cooperation and improve the ability to get things right.

Compromise An old adage tells us that “politics is the art of compromise”: The Founders compromised and slavery became part of the Constitution- civil war followed a century later Term Limits was removed from the Constitution as drafted by Paine in Common Sense brought us the Federal Reserve Act, the XVIth & XVIIth Amendments- politicians learned the techniques needed to displace statesmen from office Compromise allows deal-making, but compromises principles which corrupts “right” into not-so-right, or even wrongs.

Please watch END GAME first.. The END GAME negotiating format provides the setting and format that allows unreasonable ideas to be debated and unreasonable thinking to be corrected “They”.... Tell us the devil is in the details. We have the details on our website. It takes two hours to read the details...sometimes more to understand certain facets

“We have it in our power to begin the world over again!”