[GJM] #42, From Republic To Empire In 1895, By Only Half Capitalizing Human Development.

[wesburt at juno.com]

Good Day To All,

The cure for what ails us is simple and cheap, compared 
to the alternatives.  I am going to climb on the shoulders 
of four prominent authors; Paul Craig Roberts,  Patrick J. 
Buchanan, Gary North, and Dick Eastman to express MHO 
on the cure.  A brief excerpt from each author will make a 
four legged stool on which I can stand to explain that part 
of the cure omitted from their writing, and from our schools 
and colleges since the 1890s.

What ails us is illustrated on Figure 2-3e.gif as the natural 
inflation rate (NIR) since 1785 and is expressed in words 
by the following tabulation:

Purchasing Power Of The Dollar, 1785 to 2002, Per Fig2-3e.gif.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Historical Milestones and NIRs                       Purchasing Power

1785, Ordinance of,~~~~~~~~~~~~~~~~~~~~~~~~ $100 or  25%
Deflation of 1.3%/yr. :: 100 X 1.013 X^ 80 yrs.
1865, US Civil War ~~~~~~~~~~~~~~~~~~~~~~~~~ $281 or  71%
Deflation of 1.2%/yr. :: 281 X 1.012 X^ 30 yrs.
1895, "The Great Transformation," USA Apogee,  $397 or 100%
NIR of 2.3%/yr. :: 397 X .977 X^ 18 yrs.
1913, FRB & IRS ~~~~~~~~~~~~~~~~~~~~~~~~~~ $261 or  65.7%
NIR of 2.3%/yr. :: 261 X .977 X^ 55 yrs.
1968, "The Great Inflation" ~~~~~~~~~~~~~~~~~ $75.6 or  19.0%
NIR of 8.5%/yr. :: 75.6 X .915 X^ 12 yrs.
1980, Paul Volcker ~~~~~~~~~~~~~~~~~~~~~~~~ $69.2 or  17.4%
NIR of 3.3%/yr. :: 69.2 X .967 X^ 22 yrs.
2002, George Bush ~~~~~~~~~~~~~~~~~~~~~~~~ $33.1 or 08.3%
NIR of 4.0 %/yr. :: 33.1 X  .96 X^ 3 yrs.
2005, George Bush ~~~~~~~~~~~~~~~~~~~~~~~~ $29.3 or 07.4%
NIR of  ???
2009, President Ron Paul ??? ~~~~~~~~~~~~~~~~$??? or ???%
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

As we all know, the purchasing power profile of the US dollar 
is the reciprocal of the Consumer Price Index profile which is 
illustrated on Fig10c (linear,  1785 to 1966) and Fig10e (log, 
1895 to 2004).  Notice that the US dollar reached the apogee 
of its value during the "Great Transformation" from an 
agrarian society to an industrial society in 1895, when the 
public changed its work ethic from $1.012/dollar disbursed 
to $.977/dollar disbursed.  With the "natural inflation rate" 
established in the late 1800s at 2.3%/year; the great events 
of the twentieth century, including the creation of the FRB 
and the IRS, appear as  minor perturbations on the 
inflationary trend.  And none of those great events created 
the post "transformation" inflationary trend that continues 
to date.  The 1942 G. I. Bill was the only item of twentieth 
century legislation which was truly in the direction of the 
cure for what ails us.

Now,  to excerpts from our four prominent authors to get 
their flavor of our present condition:

~~~~~~~~~~~~~~~ Excerpt # 1 ~~~~~~~~~~~~~~~
On 23 May, 2007 Paul Craig Roberts writes:   Will 
Republicans Destroy Themselves Before They Destroy 
America?  
http://www.lewrockwell.com/roberts/roberts-arch.html 
As everyone except for a dwindling band of Bush 
supporters now knows, the US is in a terrible situation 
in Iraq from which it cannot extract itself. For Bush and 
Cheney, their own pride and delusion are more compelling 
than US casualties, the destruction of Iraq and its people, 
and the inflaming of sectarian strife and anti-American 
violence throughout the Middle East.
Congress is complicit in the great strategic blunder. 
Republican flag-wavers led Americans like lemmings 
into the abyss. The Democrats have already abandoned 
the electorate that gave them Control of Congress six 
months ago in the false hope that the Democrats would 
corral the White House Moron and lead America out of 
the abyss. 
~~~~~~~~~~~ Snip to conclusion ~~~~~~~~~~~~~~~~~~

Republican support for Bush’s contrived war against 
Iraq has diminished the Republican Party. Intelligent and 
decent people have abandoned the party, which has 
morphed into a Brownshirt Party with which fewer people 
are willing to be associated. The diminished Republican 
ranks will make it difficult for the party to steal any more 
elections.
If we are fortunate, Republicans will complete their self-
destruction before they extinguish the Constitution and 
destroy America.
~~~~~~~~~~~~ End Paul Craig Roberts ~~~~~~~~~~~~~~

~~~~~~~~~~~~~~~ Excerpt # 2 ~~~~~~~~~~~~~~~
On 16 April 2007 Patrick J. Buchanan  writes to Human 
Events: "The New World." 

A federal program, Ronald Reagan used to say, is the 
closest thing to eternal life here on earth. Even the Gipper 
conceded he failed to get control of the federal behemoth. 

At least he tried. But what can be said for the conservative 
movement today, as one witnesses the Wall Street Journal 
battle to save the $400,000-a-year tax-free sinecure of World 
Bank President Paul Wolfowitz, imperiled because Wolfie 
parked his World Bank squeeze over at State at a fatter 
salary than Condi Rice's? 
~~~~~~~~ Snip to conclusion ~~~~~~~~~~~~~~~

At least Ronald Reagan said goodbye to a corrupt UNESCO, 
walked out, and killed the U.N. power grab of the world's 
oceans and their resources by refusing even to consider 
the Law of the Sea Treaty. 

And President Bush? He has rejoined UNESCO, started 
paying dues again and, says WorldNetDaily, is about to 
push to have Congress bring the United States under the 
Law of the Sea Treaty. 

Mr. Buchanan is a nationally syndicated columnist and 
author of "The Death of the West," "The Great Betrayal," 
"A Republic, Not an Empire" and 
"Where the Right Went Wrong." 
~~~~~~~~~ End Patrick J. Buchanan~~~~~~~~~ 
~~~~~~~~~~~~ Excerpt # 3 ~~~~~~~~~~~
On 30 May 2007 Gary North wrote: "My Recommended 
Federal Reserve Policy:"
http://www.lewrockwell.com/north/north-arch.html
~~~~~~~~~~~ Snip to conclusion ~~~~~~~~~~~~~~~
CONCLUSION
For people who have read about the Federal Reserve 
System’s monopolistic power over the economy, it is 
frustrating to imagine that the voters can do nothing. 
Trust me: the voters can do nothing. Most voters have 
not heard of the FED, do not understand central banking, 
and do not have allies in Congress, other than Ron Paul.
Yet the FED is doomed, as is central banking in general. 
Government power cannot make the irrational rational. 
It cannot make coercion productive. It cannot make 
committees wise.
You might as well use the system to profit from it. 
You can’t change it.

Gary North [send him mail] is the author of Mises on Money. 
Visit http://www.garynorth.com. He is also the author of 
a free 19-volume series, An Economic Commentary 
on the Bible. 
~~~~~~~~~~~~~~ End Gary North ~~~~~~~~~~~~~~~~~~~~~

~~~~~~~~~~~~~ Excerpt # 4 ~~~~~~~~~~ 
From: "Dick Eastman" olfriend at nwinfo.net
To: bangla-vision at yahoogroups.com
Date: Wed, 30 May 2007 10:01:35 -0700
Subject: [hugochavezyvenezuela] Re:Wasted Afghanistan, 
Wasted America
~~~~~~~~~~~ Snip to conclusion ~~~~~~~~~~~~~~~

we are going to have a horrible civil war and the ruling 
minority (those who told Bush to have wars anyway) 
have the ability to kill tens of millions of Americans 
merely by turning off essential  economic, food, 
international shipments "life support"   --  and I think 
that France, Germany and China -- their governments  -- 
are going to help see that the ruling minority prevails 
over the oppressed majority and that they will take 
down the last of the system of Jefferson and Madison, 
extinguishing the freedom released in 1776 forever.

Such a world as the Zionist merchant bankers control  
-- is not worth living in and I do not intend to live in it -- 
that world and Dick Eastman cannot co-exist.

Dick Eastman
~~~~~~~~~~~~~~ End Dick Eastman ~~~~~~~~~~~~

The  above four authors are my academic and intellectual superiors by a
wide margin.  I have the greatest respect for their critical opinions of
the moral status of our social order.  But I cannot find the logic behind
their silence on the cure for what ails us.  The founding fathers gave us
a republic founded on the Biblical  optimum financial structure for an
agrarian society (universal public education, just laws, and a wide
distribution of productive land.  In a little over a century, the US had
become a world power, captured the Spanish colonies, and so severely
short changed its industrial work force that they shifted their work
ethic from $1.012/dollar (earned) disbursed to $.977/dollar (earned)
disbursed.

Among the many thirteen year old figures posted to Dr. W. Curtiss
Priest's web site below, only attached Figure 8 illustrates the three
financial mechanisms by which the US work force has been short changed
since the Great Transformation of 1895:

1, The 50% capitalization of human development by our local governments
compared to the 100% capitalization of capital development by our
corporations.
2, Because of Item 1, the young parenting families are obliged to borrow
money for their households and higher education for their children and
are at the mercy of  folks with earned or stolen money to lend, giving
rise to the flow of debt service shown on Figure 8.
3, With items 1 and 2 established, it was only a matter of time before
the payroll tax was capped to shift the burden of Social Security away
from the upper class and toward the middle and lower classes.  As Warren
Buffet is reported to have remarked; If this is class warfare, my class
is surely winning.

We been told since kindergarten that taxes are theft and governments 
are thieves, so we can't see beyond the failing solutions provided by
minimum wage laws, means-tested welfare, and other forms of government
control.  But a look at the left side of Figure 8 shows the several
populations supported by our tax revenue.  Supporting prisoners is our
fastest growing industry.  Employees of both government and government
contractors depend on the public revenue, they also pay taxes thanks to
the Biblical optimum policy adopted by the founders.  Social Security
obligations are growing as fast as prisoners, and public education
follows the same pattern.  Where ever a public revenue stream is
justified, it is only a matter of time before the financial power created
creates a "chosen people" who think a little of the revenue is theirs.

The only defense we have against government and thieves is an informed
and concerned public.  As long as the principle of Subsidiarity keeps the
public on its knees; praying, paying, and obeying for the first half of
their productive life, they will be neither informed nor concerned and we
will get the horrible civil war which Dick Eastman anticipates.

Again Folks, this 122 year old systemic defect of omission has not
prevented the USA from becoming Master Of The Universe, but it has
prevented us from establishing a financially stable global economy of 200
soverign nations.

Kind regards,

Wes Burt

               TOP and TWP are cognoscible on
                Dr. W. Curtiss Priest's web site at:
       <http://www.epie.org/cyber-soc/default.htm>
                 TOP is GOOD --- TWP is EVIL
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