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15 Quotes From The Founding Fathers of the USA About Economics, Capitalism And Banking 

A lesson for us All!

 By Michael Snyder, on June 9th, 2014

 

     

Why have we turned our backs on the principles that this nation was founded upon?  Many of those that founded this nation bled and died so that we could experience "life, liberty and the pursuit of happiness".  And yet we have tossed their ideals aside as if they were so much rubbish.  Our founders had experienced the tyranny of big government (the monarchy) and the tyranny of the big banks and feudal lords, and they wanted something very different for the citizens of the new republic that they were forming.  They wanted a country where private property was respected and hard work was rewarded.  They wanted a country where the individual was empowered, and where everyone could own land and start businesses.  They wanted a country where there were severe restrictions on all large collections of power (government, banks and corporations all included).  They wanted a country where freedom and liberty were maximized and where ordinary people had the power to pursue their dreams and build better lives for their families.  And you know what?  While no system is ever perfect, the experiment that our founders originally set up worked beyond their wildest dreams.  But now we are killing it.  Why in the world would we want to do that?

Most people are under the illusion that the United States has a "capitalist economy" today, but that simply is not accurate.  At best, we have a "mixed economy" that is becoming a little bit more socialist with each passing day.  We pay dozens of different types of taxes each year, and some Americans actually end up giving more of their earnings to the government than they keep themselves.  But that is still not enough, and so our state governments have accumulated astounding amounts of debt, and our federal government has amassed the largest single debt that the world has ever seen.  If future generations of Americans get the chance, they will curse us for the chains of debt that we have placed upon their shoulders.

So what do our government officials do with all of this money?

Well, today approximately 70 percent of all federal government activity involves taking money from some Americans and giving it to other Americans.

Despite this unprecedented wealth-redistribution program, poverty is absolutely exploding in this country and 49 million Americans are dealing with food insecurity.

Meanwhile, the bankers have been getting fabulously wealthy from all of this debt.  The Federal Reserve system was designed to trap the U.S. government in an endless spiral of debt from which it could never possibly escape, and that mission has been accomplished.  In fact, the U.S. national debt is now more than 5000 times larger than it was when the Federal Reserve was first created a little more than 100 years ago.

Most people like to think of big banks as "capitalist" institutions, but that is not really accurate.  In the end, giant corporate banks like we have in the United States are actually collectivist institutions.  They tend to greatly concentrate wealth and power, and socialists find those kinds of banks very useful.

In fact, Vladimir Lenin once said that "without big banks, socialism would be impossible."

While there may be a bit of animosity between big government and big banks once in a while, the truth is that they are usually very closely tied to one another.  We saw this close relationship very clearly during the financial crisis of 2008, and it is no secret that there is a revolving door between the boardrooms of Wall Street and the halls of power in Washington.  The elite dominate both spheres, and it is not for the benefit of the rest of us.

In America today, government just keeps getting bigger and the banksjust keep getting bigger.  Meanwhile, the percentage of self-employed Americans is at an all-time low and the middle class is steadily dying.

What we are doing right now is clearly not working.

So why don't we go back and do the things that we were doing when we were extremely successful as a nation?

In case you don't know what those things were, here are some clues...

#1 "A wise and frugal government… shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government." — Thomas Jefferson, First Inaugural Address, March 4, 1801

#2 "A people... who are possessed of the spirit of commerce, who see and who will pursue their advantages may achieve almost anything." - George Washington

#3 "Government is instituted to protect property of every sort; as well that which lies in the various rights of individuals, as that which the term particularly expresses. This being the end of government, that alone is a just government which impartially secures to every man whatever is his own." – James Madison, Essay on Property, 1792

#4 "Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good." - John Adams

#5 "To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the guarantee to everyone the free exercise of his industry and the fruits acquired by it." — Thomas Jefferson, letter to Joseph Milligan, April 6, 1816

#6 "The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If ‘Thou shalt not covet’ and ‘Thou shalt not steal’ were not commandments of Heaven, they must be made inviolable precepts in every society before it can be civilized or made free." — John Adams, A Defense of the Constitutions of Government of the United States of America, 1787

#7 "I place economy among the first and most important virtues, and public debt as the greatest of dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed in our meat and drink, in our necessities and in our comforts, in our labor and in our amusements." - Thomas Jefferson

#8 "Beware the greedy hand of government thrusting itself into every corner and crevice of industry." - Thomas Paine

#9 "If we can but prevent the government from wasting the labours of the people, under the pretence of taking care of them, they must become happy." - Thomas Jefferson to Thomas Cooper, November 29, 1802

#10 "All the perplexities, confusion and distress in America arise not from defects in the Constitution or Confederation, not from a want of honor or virtue so much as from downright ignorance of the nature of coin, credit and circulation." - John Adams, at the Constitutional Convention (1787)

#11 "The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." - Thomas Jefferson

#12 "Liberty must at all hazards be supported. We have a right to it, derived from our Maker. But if we had not, our fathers have earned and bought it for us, at the expense of their ease, their estates, their pleasure, and their blood." – John Adams, 1765

#13 "If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash." - George Washington

#14 "I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing." - Thomas Jefferson

#15 "When the people find that they can vote themselves money, that will herald the end of the republic." — Benjamin Franklin

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The New McCarthyism

The New McCarthyism

By Michael RiveroBack in the year 1947, the House Select Committee began an investigation into the Motion Picture Industry. Ostensibly the goal was to ferret out communists working in the film industry. But in actuality the US Government was concerned that Hollywood was no longer as blindly supportive of government policy as it had been only a few years earlier at the height of WW2. In particular, J. Edgar Hoover had long held the opinion that the entertainment industry should be the propaganda arm for the government in peace time as well as war.
However, as WW2 had ended, the defense establishment had lobbied for the creation of a "Cold" war against the Soviet Union, a war not actually to be fought, but constantly to be prepared for at huge cost to the taxpayers. This cost was the visible manifestation of the "Military Industrial Complex" President Eisenhower referred to in his farewell address, and many in Hollywood openly wondered just why so much more money had to be thrown into the war machine during a time of peace, and more to the point, just why we were supposed to be so afraid of the communists.
Hoover's desire to remake Hollywood into a gigantic propaganda machine had started at the end of WW1 when Hoover tried to persuade Charlie Chaplin to cease making films that portrayed authority figures as oafish buffoons. Chaplin refused, laughed at Hoover. Years later, as head of the FBI, Hoover was instrumental in having Charlie Chaplin's citizenship revoked in retaliation.
Hoover's mania with Hollywood was a seldom reported but constant factor in show business. The 1959 film, "The FBI Story" starring Air Force General Jimmy Stewart was reportedly directed by Mervyn LeRoy, but in actuality J. Edgar Hoover was personally supervising the film (and briefly appears in it, shown only from the back) to make certain the "correct" image of the FBI was shown.
In later years, FBI informants became permanent fixtures at movie studios, and spied for the FBI. When Disney Studios made "That Darned Cat", a pre-production copy of the screenplay "somehow" made its way to the FBI, which promptly sent Disney a memo expressing concern at how the FBI was to be portrayed.
Click for full sized page. Click for full sized page.
Likewise, when Paramount Pictures produced,"Skidoo", starring Jackie Gleason, it featured a single scene in which Gleason's character is seen fleeing a building marked,"FBI" carrying a file cabinet on his back. That one single scene prompted the following four page memo.
Click for full sized page. Click for full sized page.
Click for full sized page. Click for full sized page.
Along with "nudging" the film studios to portray certain things certain ways, the FBI did not hesitate to wreck the careers of those people it felt posed a dangerous threat to the government's public image. During the height of the FBI's COINTELPRO program, the FBI destroyed the career of actress Jean Seberg
Jean Seberg was considered a threat to the US Government because of her public support for civil rights at a time when the Civil Rights movement was starting to point out the racial bias in the draft system that placed a disproportionate percentage of black kids on the front lines of Vietnam. Seberg was also a supporter of the Black Panthers in their pre-militant days when their agenda was breakfasts for the ghetto kids, local control of school curriculum, and ending the draft.
Jean Seberg, a well known actress in the 60s, became pregnant and the FBI sent out letters to the gossip columnists identifying the baby's father as a Black Panther, in order to cheapen Seberg's image. Keep in mind that the 60s was an era in which sexual relations between blacks and whites was still considered taboo by most Americans.
The scans below are of the official FBI letter from Los Angeles to Washington D.C. asking permission for the scam.
letter requesting permission for the smearing of Jean Seberg.
page two of request for permission to smear of Jean Seberg
The text of the letter:

"Bureau permission is requested to publicize the pregnancy of Jean Seberg, well-known movie actress by (name deleted) Black Panther (BPP) (deleted) by advising Hollywood "Gossip-Columnists" in the Los Angeles area of the situation. It is felt that the possible publication of Seberg's plight could cause her embarrassment and serve to cheapen her image with the general public. " 'It is proposed that the following letter from a fictitious person be sent to local columnists:
"I was just thinking about you and remembered I still owe you a favor. So ---- I was in Paris last week and ran into Jean Seberg, who was heavy with baby. I thought she and Romaine [sic] had gotten together again, but she confided the child belonged to (deleted) of the Black Panthers, one (deleted). The dear girl is getting around!
" 'Anyway, I thought you might get a scoop on the others. Be good and I'll see you soon.
'Love,
" 'Sol., "Usual precautions would be taken by the Los Angeles Division to preclude identification of the Bureau as the source of the letter if approval is granted."

Permission to use the fake letter was granted, but with the suggestion that the smear be delayed until Jean Seberg's pregnancy was in a very obvious condition.
letter granting permission for the smearing of Jean Seberg.
 
 
 The story was then run by Los Angeles Times propagandist Joyce Haber. 
Click for full size picture of the Haber Article that launched the smear.
The story was picked up by Newsweek and the international press. The shock of the story was so severe that Jean Seberg suffered a miscarriage. The funeral for the child was held with an open casket, so that the lie stood revealed in its most tragic form. Jean Seberg, her baby dead and her career shattered by this outright lie, attempted suicide several times, finally succeeding in a French Hotel.
 
memo that accompanied copy of the Haber story sent to FBI files.
(The name which was redacted from the memo during the FOIA process is thought by many to have been Raymond Hewit, a Black Panther leader. His "outright lie" was far more direct. The FBI typed up a letter on official FBI stationary identifying Hewit as an informant and planted it where other Black Panthers would find it in the hopes that Hewit would then be killed.)
Following Seberg's death, the Los Angeles Times, the key instrument of her torment, issued a statement by the FBI.

"The days when the FBI used derogatory information to combat advocates of unpopular causes have long since passed. We are out of that business forever."

The Senate committee that looked into COINTELPRO disagreed, however.

"Cointelpro activities may continue today under the rubric of 'investigation.'

Finally, no single celebrity filled the government with more fear than did ex-Beatle John Lennon. Lennon's popularity, and hence his ability to influence popular opinion, coupled with his strong anti-war stance, made him a real threat in the event the United States decided it had to go to war. For this reason, Lennon was one of the most watched celebrities, and according to Lennon's youngest son, the victim of a government assassination plot.
Read full article at http://whatreallyhappened.com/ 

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