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   From: I-WAS-JUST-GANG-PROBED-BY-THE-ObamaRegime-SPY-NETWORK@IRS.   
   BI.NSA.CIA.EPA.ObamaCare.gov   
      
   On 11/15/2014 1:23 PM, Bret Cahill wrote:   
   >>>>> People today, a lot of folks are feeling really discouraged,   
   >>>>> and part of that is because government is not working for them she   
   >>>>> said. Let's all be clear. Government does work. It works really well   
   >>>>> for those who can hire armies of lobbyists. It works really well for   
   >>>>> those who have armies of lawyers. It works really well for those who   
   >>>>> can make big campaign contributions. It's just not working for   
   >>>>> American families.   
   >>>>   
   >>>> A Big Fed Is Big Government   
   >>>> By David Malpass, Forbes 11/05/2014   
   >>>>   
   >>>> ONE OF THE MOST important functions of constitutional government is   
   >>>> to limit the government's power and guide it in useful directions, not   
   >>>> for self-aggrandizement. Another is to facilitate sound money, which   
   >>>> is at the core of free markets and property rights, central tenets of   
   >>>> the rule of law and the ability of a country to attract investment.   
   >>>>   
   >>>> This is why the current monetary and regulatory regimes' wild excesses   
   >>>> are so egregious.   
   >>>> [...]   
   >>>> The centrality of these monetary issues dates from 1215, when the   
   >>>> Magna Carta codified the concept of individual liberty by limiting the   
   >>>> powers of England's king.   
   >>>> [...]   
   >>>> This historical background is relevant as we enter the seventh year of   
   >>>> an uncontrolled government expansion. To force interest rates toward   
   >>>> zero, the government has imposed thousands of regulations controlling   
   >>>> the amount of credit and guiding it toward large borrowers, especially   
   >>>> government itself, at the expense of small borrowers and savers.   
   >>>> [...]   
   >>>> The Magna Carta explicitly limited the burden of current debt on   
   >>>> future generations. That's protection we've lost as the government   
   >>>> blithely passes the burden of trillions of dollars of debt, compound   
   >>>> interest and hard-to-maintain assets from one generation to the next.   
   >>>> [...]   
   >>>> The growth solution is for governments to downsize and for the Federal   
   >>>> Reserve to relent. It's been allocating capital in the wrong   
   >>>> direction, toward bigness, causing income inequality, distorting   
   >>>> markets around the world and slowing growth and investment. The Fed   
   >>>> needs to build the case that above-zero interest rates will be better   
   >>>> for all and that central banks need extra powers during emergencies   
   >>>> but otherwise should abide by sane limits and rules.   
   >>>   
   >>> actually the fedgov has the right to set the value & to regulate money.   
   >>> they simply have hired the fed to do it.  if you don't like the feds   
   monetary   
   >>> policy, see milton freidman, he's the guiding influence of it since 2008.   
   >>   
   >> Friedman believed that the Federal Reserve should be abolished   
   >   
   > No need to abolish it -- just have voters decide interest rates by referenda.   
   >   
      
   Better yet replace it with BitCoins....   
      
   I heard a Bush era economic wonk on the TV saying that while he was part   
   of the "establishment government types" he think the Federal Reserve   
   should and will be replaced by some form of BitCoin money that the   
   bankers and economists can't simply print more of.   
      
   Something easy and cheap to transfer and buy with rather than credit   
   cards and Bank accounts.   
      
   The problem there is that as soon as government gets a hold of it the   
   transfers and buying costs will all increase a thousand fold. I don't   
   think he grasps the real true effect of government involvement.   
      
   But a NON government NON regulated system will be cheap. It is cheap   
   it's called BitCoin.   
      
      
   -   
                        *Rumination*   
   #67 - The least government necessary is the best government possible.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)