Tag Archives: economy

Is Abraham Lincoln responsible for the downfall of America?

Lincoln , advocate for a central bank and government

Did Abraham Lincoln’s creation of a strong centralized government and government banking responsible for today’s economic collapse of America? Switzerland’s “The Daily Bell”  reports:

“We are well aware of the corruption that inevitably arises when regulatory democracies persist and like tumors begin to swell. The United States is perhaps the world’s most powerful regulatory democracy, and likely its most icily corrupt. Nevertheless, it is absolutely startling to find a senior judge (see article excerpt above) at one of America’s most important financial regulatory agencies – the Commodities Futures Trading Commission – bluntly accusing a former CFTC Chairwoman (Wendy Gramm, wife of former Senator Phil Gramm) and a fellow judge of deliberate malfeasance, apparently over decades. Sub dominant social theme: “This kind of thing doesn’t happen in the US!”

OK, rewind. It has been kind of ironic to watch the US mainstream media wring its collective hands over the “corruption” in Afghanistan as if the US itself, and its deliberately corrupt system of regulatory democracy, were not worse by orders of magnitude than anything Afghanistan could summon. The three most corrupt places in the world are probably Beijing, Brussels and Washington DC in no particular order. We’ll throw in London as a fourth. And Moscow as fifth. And, wait, there’s India, too. We probably could go on and on. Is there a pattern here, dear reader?

The corruption of the West’s regulatory democracies began after the American Civil War and grew far worse in the early 21st century once the Federal Reserve was founded. The corruption was driven by a familial elite of Western power players, mostly banking families that wanted to install one-world government. They intended to do so incrementally using regulatory democracy as a Trojan Horse. Thus the West’s institutions were imperceptibly corrupted over time and almost every aspect of Western culture and commerce was tainted as well.”

L. Neil Smith, in his essay “The American Lenin” stated that:

“History tells us that Lincoln was a politically ambitious lawyer who eagerly prostituted himself to northern industrialists who were unwilling to pay world prices for their raw materials and who, rather than practice real capitalism, enlisted brute government force — “sell to us at our price or pay a fine that’ll put you out of business” — for dealing with uncooperative southern suppliers.”

An article written by John Walker entitled, “None dare call it treason” states that:

“the Civil War and the policies advocated by Lincoln and implemented in his administration and its Republican successors, fundamentally changed the relationship between the Federal government and the states. While before the Federal government was the creation of the states, to which they voluntarily delegated limited and enumerated powers, which they retained the right to reclaim by leaving the union, afterward Washington became not a federal government but a national government in the 19th century European sense”

Lincoln’s own monetary policy states that:

“Money is the creature of law and the creation of the original issue of money should be maintained as an exclusive monopoly of National Government.

Money possesses no value to the State other than given to it by circulation. Capital has its proper place and is entitled to every protection. The wages of men should be recognized in the structure of government and in the social order as more important than the wages of money. 1

No duty is more imperative on the Government than the duty it owes the people to furnish them with a sound and uniform currency, and of regulating the circulation of the medium of exchange so that labor will be protected from a vicious currency, and commerce will be facilitated by cheap and safe exchanges.

The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the people, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuations in the value of paper currency or any other substitute for money of intrinsic value that may come into use. The monetary needs of increasing numbers of people advancing toward higher standards of living can and should be met by the Government. Such needs can be served by the issue of national currency and credit through the operation of a national banking system. The circulation of a medium of exchange issued and backed by the Government can be properly regulated and redundancy of issue avoided by withdrawing from circulation such amounts as may be necessary by taxation, redeposit, and otherwise.1 Government has the power to regulate the currency and credit of the nation.

Government should stand behind its currency and credit and the bank deposits of the Nation. No individual should suffer a loss of money through depreciated or inflated currency or bank bankruptcy.

Government possessing the power to create and issue currency and credit as money and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not 2 borrow capital at interest as the means of financing governmental work and public enterprise.

The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers.

The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity.

By adoption of these principles, the long-felt want for a uniform medium will be satisfied.

The taxpayers will be saved immense sums in interest, discounts, and exchanges.

The financing of all public enterprise, the maintenance of stable government and ordered process, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own Government.”

In his own monetary policy , Lincoln advocates total government control over the economy and for paper currency. It is this policy, Lincolns dread, that he was willing to implement by force. It is for Lincoln’s dream of total government control over the economy , that war was waged on the South, resulting in the killing of over 600,000 Americans, and the economic collapse that is occurring in America today.