Representative government is a target of corruption. As in all things, if you want to fix where something is leaking from an intended container, you seal the ways it can leak.
There is much talk about sound money now, particularly with the Ron Paul Revolution. This is a good thing; and if anything it is a sad thing that America has waited for the eleventh hour for this discussion.
But we aren’t having the discussion; we’re just mentioning the proposition of sound money.
Can it be a return to the gold standard, if this precludes issuing the money we need to sustain commerce far exceeding monetary reserves? Is it a privatized currency such as we have now, which can only multiply debt in proportion to the circulation as we re-borrow whatever we pay against principal and interest as subsequent debts, increased so much as periodic interest?
These questions are the real measure of sound money.
You see, we have a horrific fundamental problem with the nature of the present privatized currency. It can only multiply debt into collapse.

CNN’s Jack Cafferty asks for User Comments on the question, “Pork spending, will it ever end?”
Pork spending isn’t a unique issue. Representative government is a target of corruption. As in all things, if you want to fix where something is leaking from an intended container, you seal the ways it can leak.
It’s a simple matter then to eliminate pork spending.
- Many pork bills are attached as riders to other measures. Seal this by limiting bills to a single issue.
- The costs of pork bills are hidden or made ambiguous by an equally iniquitous tax infrastructure. Seal this by directly linking taxes to the measure and by imposing the costs only on those who benefit from the measure and opt into partaking of those ostensible benefits.
- Finally, many pork bills would never pass public approval. It’s time to give the people final say in what the government does, for this alone would drop the hammer on government corruption.
One other point:
As Thomas Jefferson, Abraham Lincoln and many others of a more principled era well explained, representative government has no implied or explicit authority to borrow money at interest to finance its affairs. Much of the costs of government can be eliminated by truly sound monetary policy.
There is much talk about sound money now, particularly with the Ron Paul Revolution. This is a good thing; and if anything it is a sad thing that America has waited for the eleventh hour for this discussion.
But we aren’t having the discussion; we’re just mentioning the proposition of sound money.
Can it be a return to the gold standard, if this precludes issuing the money we need to sustain commerce far exceeding monetary reserves? Is it a privatized currency such as we have now, which can only multiply debt in proportion to the circulation as we re-borrow whatever we pay against principal and interest as subsequent debts, increased so much as periodic interest?
These questions are the real measure of sound money.
Google “Parable of Perfect Economy” if you want to understand sound money. But let’s have the debate. Let’s bring all the candidates together from both sides of the aisle, and let’s subject them to the people’s questions, that we can find which candidate might serve us as the present privatized currency plunders the last cent from us.
After promoting Hillary Clinton and Barrack Obama Cafferty Also Asks, Is The U.S. Ready For Woman Or Black President?
America is ready for any candidate, but the fact is the two you’re encouraging interest in haven’t the slightest idea how to solve our “economic” issues. Neither do the American people.
You can fix that. Here’s a question for you to ask all of them:
How is it possible to maintain a circulation subject to interest without multiplying debt into the impending collapse, if to maintain a circulation we must perpetually re-borrow whatever we pay against principal and interest as subsequent debts, increased so much as periodic interest?
You see, we have a horrific fundamental problem with the nature of the present privatized currency. It can only multiply debt into collapse.
Google “parable of perfect economy” for the singular solution.
RELATED MATERIAL
- Pork spending, will it ever end?
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RELEVANT HISTORIC QUOTES
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REGARDING INTEREST THEN, DOES AUSTRIAN SCHOOL ECONOMICS NOT HAVE TITLE TO LIBERTY AND RIGHT REVERSED?
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