REAL MONEY AND THE WINTER OF DISCONTENT
By Michael LeMieux
November 12, 2010
The ancient Chinese curse, “May you live in an interesting age,” is upon us. We are currently living in a time, future generations will teach, that will either be the defining moment to the destruction of America or its salvation. Not from extremist attacks, nuclear war, or domination by another world super power, but from within the halls of Congress and their defiance of Constitutional boundaries.
Financially, 1913 ushered in what would lead to our current global nightmare. Much has been written concerning these events and I will not focus greatly on this in this article, but would like to discuss the movement from sound, constitutional, money to the current fiat currency we currently are enslaved too.
Constitutionally, money has a specific meaning and directs those who have the responsibility concerning it. Article 1, Section 8, states that Congress is: “To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures. To Provide for the Punishment counterfeiting and Securities and current Coin of the United States.” Article 1, Section 10, declares a prohibition on the states to: “…coin money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts…”
Nowhere in the Constitution is there a clause that grants the Congress the power to abdicate that responsibility to any other entity. More specifically to grant such power to a private banking consortium whose membership is secret, whose books cannot be fully audited without an act of Congress, and whose chairman is appointed from a list of potential appointees, provided to the President, derived from the board of the Federal Reserve.