Skeptic Project

I got this from my uncle who is a teabagger.

Origins of a Revolution: The Privately Owned Central Bank

With the recent popularity of the Tea Party and the growing discontent with the ever encroaching role of our Federal Government , I felt It necessary to delve into the actual causes of a revolution and mindset; particularly the American Revolution. Some people might fall out of their chair when they learn that the American Revolution had nothing to do with a tea tax but rather this tax was just the culmination of anger of a distraught society who had suffered under the economic manipulation of The Bank of England. The colonies, under their monetary system of colonial scrip were thriving. It wasn’t until colonial scrip was forcefully ended that economic conditions became deplorable. The rising level of anger in the colonies along with dwindling financial security led to an attitude ripe for revolution. In some cases there are similarities between the colonists and the Tea Party movement today. As in the colonies, Americans today are getting fed up with the astronomical burden of debt the tax payer is paying via higher taxes and inflation. Although the Tea Party movement of today has not quite caught on to what is going on in Washington (some still are immersed in partisan rhetoric) they all know that something is horribly amiss and want a remedy. The remedy: Put the power of issuing currency back in the hands of “We the People” and not privately owned central banks.

In the interest of time, let us look at the American Colonies around the period of 1750’s. During this time the colonies were thriving and people were gainfully employed. The reason for this is simple: the colonies learned the secret of money. The issuance of colonial scrip, which was controlled by the respective governments, gave rise to a period of growth, peace and happiness. Colonial scrip was a fiat currency but there is one notable difference from the fiat system we have today. The government controlled the currency, not a private bank. Benjamin Franklin, while in London on business on behalf of the colonies, witnessed that the economic situation in England was far worse than that of the colonies. Franklin wrote that, “The streets were covered with beggars and tramps”. Unable to reconcile how England with all its wealth could have such poverty in the working class, he began to inquire amongst his English friends. Franklin was told that businesses, “were already overburdened with taxes, and could not pay more to relieve the needs and poverty of this mass of workers.” He was then asked how the colonies collect enough revenue to support the poor houses back home. Franklin replied, “We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.”

Obviously this must have come as a surprise to the English so they understandably inquired as to how this was possible. According to Franklin it was quite simple, “In the Colonies, we issue our own paper money. It is called ‘Colonial Scrip.’ We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one.” The Central Bankers of England were not pleased by this revelation. How dare people thrive under conditions not directly controlled and manipulated by the Bankers. England was in a financial mess. Since the inception of The Bank of England in 1694, England saw itself prey to countless wars of expansion and an ever increasing debt burden. Parliament was desperate for more money to help make the interest payments on their outstanding debt, a debt owed to The Bank of England. Does any of this sound familiar?

The Bankers devised a plan and quickly retained the support of Parliament for its implementation. Although there were minor laws passed by Parliament in response to gaining more monetary control of the colonies, the devastating blow came in the form of the Currency Act of 1764. The act made it unlawful for anyone in the colonies to issue their own money. In addition, all debts had to be paid by gold or silver coin, which was regulated and manipulated by The Bank of England. Only one year after its implementation Franklin noted, “In one year, the conditions were so reversed that the era of prosperity ended, and a depression set in, to such an extent that the streets of the Colonies were filled with unemployed.” To sum it up, the circulating medium of exchange had been cut by half.

So as you look through government textbooks and read that the American Revolution was waged because of a tea and stamp tax, consider these words by Benjamin Franklin, “The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War.” In fact it was the removal of authority for the colonies to continue issuance of Colonial Scrip that Franklin believed was the catalyst for the Revolutionary War. Let us fast forward to the current version of the Tea Party. 99% of the people involved in this movement are aware of the actual problem or just know that something is wrong and will start to unravel this web of deceit and fraud as they continue to educate themselves on pertinent subject matter. Is it any wonder why the Democrats are trying so hard to demonize the Tea Party movement as violent and racist? Is it a coincidence that the Tea Party movement is in the process of becoming hijacked by Republicans who also see a danger in the truth coming out? As I have stated before, the vast majority of Democrats and Republicans are playing for the same team. Where one uses social entitlements to increase the size and power of the Federal Government, the other uses national security. The politicians and bankers are scared of the Tea Party movement. That is why we all will see an attempt by so called conservatives to derail the true guiding principle of the movement (the U.S. Constitution) and by democrats to discredit the movement by any means necessary.

Now if you are wondering why this is not taught in your textbooks and schools consider where they get their funding from. If that does not convince you, consider where the politicians get their money from. Government does not want to bite the hand that feeds it, and the Central Bankers will make sure that a large segment of the population is undereducated. After all, if people wise up to what is really going on then the scam is over, and there is too much money to be made for politicians and the bankers to let that happen. Throughout history the problems credited to destroying great nations have always been rooted in the manipulation of the medium of exchange. For the past 300 plus years it has been the privately owned central bankers who have wielded the power which has led to economic depressions, wars, loss of purchasing power and a greater dependency on one’s own government. Follow the artificially created money and it will be obvious where the problem lies.

http://www.republicnow.com/?p=399

Clearly their freedom to spread stupid stuff online has not been infringed.

Oh when I ask what freedoms the teatards have lost they either A) can't think of anything, B) Pull out some conspiracy out of their butt, C) whine about how they've lost their right not to buy health insurance (despite the fact they get it from Medicare, the VA, their government job, or their spouses government job, or surprisingly often Medicaid).

I found this:
http://21stcenturycicero.wordpress.com/fraud/how-benjamin-franklin-made-new-england-prosperous/<br /> I think that it might help.

Of course there is freedom! Stupidity reigns yet still!

Your soon to be former roommate is a crazy nutbag who knows jackshit about political science.