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August 5, 2007

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Yes, they are getting ready for another war. Why shouldn’t they? It pays high dividends.

War Is A Racket, by Two-Time Congressional Medal of Honor Recipient: Major General Smedley D. Butler, USMC [Retired]

Not so long ago, I would have considered the above to be the rantings of a hippy. No more. Not since I read The Creature From Jekyll Island which I first wrote about here.

The “Creature” is our central bank, the Federal Reserve. It creates money–and when it does, it causes inflation. Inflation devalues the purchasing power of our money. It redistributes wealth from us to others.

How does it do this? It prints money. It lends out money that doesn’t exist. Then, after it lends out the non-existent money, it counts the debt to be serviced as new money. In other words, debt equals money that didn’t exitst before non-existent money is lent out.

Who is the biggest debtor to the international banks? Why, government of course. In our country’s case–the federal government.

What governmental activity causes a government to go deepest into debt?

War.

War is not financed by taxes. Our income taxes go solely to pay interest on the debt. That isn’t really even necessary when the Federal Reserve can print more money or make more money out of debt. Hence, the main reason for the income tax is to control us–not to raise funds for the government.

Who benefits from this? The people who have the new money first. The bankers and the government and other favored groups. It certainly isn’t us in the suburbs, the cities or the ghettos. Our standard of living is actually decreasing as the purchasing power of the dollar decreases.

Moreover, if you read this book, you will see the text of statements and text made by the Fabian socialists who populate the financial world. These men believe that patriotism is a quaint anachronism barring their way to complete centralization of the governance of the world.

You will see statements from these men making it clear that Americans must suffer a decrease in standard of living to wean us from our individualism, esteem of liberty and belief in our sovereignty. We are the biggest obstacle to their ambitions.

What better way to bring this about then an endless, expensive, draining war.

Read the book. Then see if you think that Major General Smedley was just some kind of pre- hippy.

The information in this book is why Ron Paul advocates abolishing the Federal Reserve. It’s one reason why I will vote for Ron Paul.

UPDATE:

For a better explanation of the book, go here to a speech by the author.