The Fed and Mr.
Anti-Trust
by Tim
Swanson
The bloodhounds of the anti-trust movement should move onto
bigger fish, if they truly are principled. The one that I have in
mind is the Federal Reserve.
This corporation puts more companies out of business than any
other corporation every year. With its loan schemes and artificial
interest rates, the Fed can undermine any competition (namely
specie) that comes in its way.
It has a huge war chest for advertisement and marketing, in
fact they have no need to even spend money on getting people to use
their product; they will force it upon you as the "legal" tender for
all debts public and private.
They even have several thousand men running around making
sure that no one is copying their techniques and procedures. If they
catch any competition, they bring in the army and take them
out.
With integrated systems, like the FDIC, 3rd
parties are left helpless and are incapable of producing and
competing in this industry. When 3rd parties do arise,
the IRS is sent in to level the playing field once more. Just like
the Baptists and bootleggers; the Iranians, Columbians and other
"counterfeit" regimes are happy with these laws that outlaw
competition. Why, because they reap all the benefits with such a
small pool of competitors.
Imagine if this industry was opened up for competition. The
Parker Brothers (PB) could suddenly finance major corporations by
backing their money with gold (or land in France’s case). The PB is
responsible to their "public" investors and is audited by
3rd parties. The Fed stock cannot be bought/sold/traded
on any stock exchange but is merely passed through inheritance.
Also, when was the last time you saw the Fed get audited?
It looks as if the Parker Brothers should be the logical
choice to use, if any. However, this link
discouraged me from recommending them.
I think each and everyone should start making their own
money. You should have the freedom to choose, and you do. With
hidden taxes all around, one can never have too much money around.
In his new book, How to Start a Banking Crisis, Paul
Volcker, goes in depth to give you the information needed to start
your own laundering scheme.
Here is a snippet:
Starting off, I recommend putting your face, or someone you
know on one of those greenbacks. You can save these for special
occasions, or as a gift. Nothing says "I Love you" better than a
personalized Note.
Parents, this is also an excellent exercise on teaching your
children the value of money. Not only can you be innovative with
your young ones, but you also can increase your net worth.
If you call 1-800-HOT-NOTE, you can also receive the new, "We
are too, elastic" video, narrated by Alan Greenspan. In it he will
tell you patented tricks of the trade, such as:
- How
to pull the metal strip out
- How
to put the metal strip back in
- How
to stamp ink on cotton
- How
to create something out of nothing
- How
to avoid being labeled despotic
And answer questions like:
- The
Secret Service is after me, what do I do?
- Who
makes the best scanners
- How
to get Kinko’s to volume produce orders
- How
do you get the paper out of the copier, it’s stuck
- I’m
on the Shah of Iran’s laundering list, how do I get off it?
In all seriousness, if one wishes to be congruent with
their beliefs, why not follow through with every decision? Integrity and consistency
are ideals that should be sought after. Therefore, the Fed should
logically be broken up into a million pieces allowing the market to
create and regulate the bartering mechanism.
August 22,
2001
Tim Swanson [send him
mail] is a senior at Texas A&M studying history and
economics.
Copyright 2001
LewRockwell.com |