Anonymous ID: 90551e April 23, 2020, 4:26 a.m. No.8894617   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>8894569

The Constitution was guided by the hand of Providence. It is the most freeing document of human history.

 

Using and enforcing it would be a positive step, though. So many times, as laws and regulations went afoul of it, people just shrugged it off. That part has to end.

Anonymous ID: 90551e April 23, 2020, 4:56 a.m. No.8894725   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>4886 >>5076 >>5201 >>5222 >>5297 >>5304

>>8894711

Moar:

ABRAHAM LINCOLN AND THE CIVIL WAR (1861 - 1865)

With the Central Bank killed off, fractional reserve banking moved like a virus through numerous state chartered banks instead causing the instability this form of economics thrives on. When people lose their homes someone else wins them for a fraction of their worth. Depression is good news to the lender; but war causes even more debt and dependency than anything else, so if the money changers couldn't have their Central Bank with a license to print money, a war it would have to be. We can see from this quote of the then chancellor of Germany that slavery was not the only cause for the American Civil War. "The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the US, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world."

Otto von Bismark chancellor of Germany 1876 On the 12th of April 1861 this economic war began. Predictably Lincoln, needing money to finance his war effort, went with his secretary of the treasury to New York to apply for the necessary loans. The money changers wishing the Union to fail offered loans at 24% to 36%. Lincoln declined the offer. An old friend of Lincoln's, Colonel Dick Taylor of Chicago was put in charge of solving the problem of how to finance the war. His solution is recorded as this. "Just get Congress to pass a bill authorising the printing of full legal tender treasury notesโ€ฆ and pay your soldiers with them and go ahead and win your war with them also."

Colonel Dick Taylor When Lincoln asked if the people of America would accept the notes Taylor said. "The people or anyone else will not have any choice in the matter, if you make them full legal tender. They will have the full sanction of the government and be just as good as any money; as Congress is given that express right by the Constitution."

Colonel Dick Taylor 1 Lincoln agreed to try this solution and printed 450 million dollars worth of the new bills using green ink on the back to distinguish them from other notes. "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 consumersโ€ฆ.. 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 the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, 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. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."

Abraham Lincoln 2 From this we see that the solution worked so well Lincoln was seriously considering adopting this emergency measure as a permanent policy.

 

  1. Lincoln By Emil Ludwig 1930, containing a letter from Lincoln, also reprinted in Glory to God and the Sucker Democracy A Manuscript Collection of the Letters of Charles H. Lanphier compiled by Charles C. Patton.

  2. Abraham Lincoln. Senate document 23, Page 91. 1865.

http://www.xat.org/xat/usury.html