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Goodbye Jesus

Davy Crockett's


Vigile

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Considering the government just gave away several trillion dollars of our money to the bankers and underqualified homeowners on Friday, I thought this was apt:

 

Davy Crockett's "Not Yours To Give" Speech In Congress

 

The power of collecting and disbursing money at pleasure is the most dangerous power that can be entrusted to man, particularly under our system of collecting revenue by tariff (Note: There were no income taxes in the 1800s when this was written, most government revenue came from tariffs), which reaches every man in the country, no matter how poor he may be, and the poorer he is the more he pays in proportion to his means.

 

If you have the right to give to one, you have the right to give to all; and, as the Constitution neither defines charity nor stipulates the amount, you are at liberty to give to any thing and everything which you may believe, or profess to believe, is a charity, and to any amount you may think proper. You will very easily perceive what a wide door this would open for fraud and corruption and favoritism, on the one hand, and for robbing the people on the other. No, Congress has no right to give charity. Individual members may give as much of their own money as they please, but they have no right to touch a dollar of the public money for that purpose.

 

- Davy Crockett's "Not Yours To Give" Speech In Congress

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Goodbye Jesus

Great post in my opinion Vigile.

No, Congress has no right to give charity.

I suspect some may think this is a primary function of government.

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What is left of the American Republic will rue the day we failed to heed the modern day financial "conservative"...

 

Excellent reminder from past Vig. Now one from Rep. Paul.

 

kL

**********

LewRockwell.com

 

In Government We Trust?, Part 2

 

by Ron Paul

 

 

Last week I discussed how sound money contributes to peaceful relationships around the world. It is not gold, in and of itself, that excites me, but the many benefits of sound money. Another benefit is financial security.

 

Can sound money give you financial security? There is something very comforting in knowing that what you earn today will retain its purchasing power in the years to come. Indeed, the same silver dime that bought a loaf of bread in the 1960's can still buy a loaf of bread with its precious metal content – which is worth about $1.00 today. An ounce of gold has always been about evenly exchangeable for a finely tailored men's suit, which these days is roughly $800. And in these days of fluctuating gas prices, when priced in gold, oil has been stable. Meanwhile, since the creation of the Federal Reserve, the fiat dollar has lost 94% its purchasing power. The erosion of purchasing power rapidly accelerated when it was completely uncoupled from gold in 1971. This sort of fluctuation in the medium of exchange creates a lot of uncertainty in the marketplace and necessitates that you either take extraordinary defensive maneuvers, or face financial ruin. Trusting in government for financial security in retirement is not a safe option. Indeed, a recent study by the Consumer Bankruptcy Project shows that bankruptcies among those 75 and older has more than quadrupled since 1991. This represents wealth and savings that have been eroded by inflation, and trust in entitlement promises that were more fantasy than reality. Even with the pittance that social security pays to seniors, it is bankrupt and bringing the economy to its knees. It is no wonder that many in the younger generations want no part of it, and they should not be forced into a failed system.

 

On the other hand, holding physical gold can defend against aggressive government monetary policies that threaten to inflate away the value of your life savings. During the hyperinflation in post WWI Germany, what used to be a comfortable nest egg was suddenly the value of a postage stamp. If one held just a portion of their savings in precious metals, the crisis was greatly softened. Gold will never be worth nothing, even if the exact price fluctuates. There is a famous photograph, however, of a German woman during this time period burning piles of tightly bound banknotes to keep warm.

 

Imagine if the money you earned had honest, stable value, or even appreciated like an investment! No such special measures, like converting dollars to gold, would be required to ensure that your savings would sustain you in your golden years. That is the way it could be and is supposed to be. However, the government's thirst for power will not be easily, or cheaply, quenched. Fiat currency is one tool governments have to extract wealth quietly from the working class. It is time for the people to wake up to this ruse and look to the Constitution to restore sound currency.

 

See the Ron Paul File

 

September 9 , 2008

 

Dr. Ron Paul is a Republican member of Congress from Texas.

 

Ron Paul Archives

 

 

Links referenced within this article

 

Ron Paul

http://www.house.gov/paul/mail/welcome.htm

DIGG THIS

http://digg.com/submit?phase=2&url=htt...litical_opinion

Last week I discussed

http://www.lewrockwell.com/paul/paul475.html

See the Ron Paul File

http://www.lewrockwell.com/paul/

Ron Paul Archives

http://www.lewrockwell.com/paul/paul-arch.html

 

 

Find this article at:

http://www.lewrockwell.com/paul/paul476.html

 

 

Copyright � 2007 LewRockwell.com

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You know, I had no idea Davy Crockett was such a well-spoken and intelligent person? Really, what little information about him that has crossed my ears and eyes has been painting him almost with the same sort of strange, outdated, currently-frowned-upon brush that we use for all frontiersmen of the 19th century. He used GUNS!!! after all, either he was a folk hero or he was a hick who loved him some squirrel kabob and 'coon stew.

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