Jump to content

The American Dream


Recommended Posts

Excellant a must see. From Sea To Shining Sea.

 

Read 'kneeling' [tc: 27:11 ] as the equivalent to the 'Supremacy' Clause. imo. An Integral part of our own US Constitution, has as it's roots in History as the Supremacy Act of 1534 passed by 'King' Henry VIII .

 

Now just considered the Law of the Land.

 

Actually raises its Unfair, Bigotted, Hateful, Selfish head again in our recent Courts pertaining to Federal vs State Jurisdiction.

Link to comment
Share on other sites

 

I will never get that 30 minutes back! lmao

 

 

Dont cheat yourself Jim. This was a very condensed version of the Incidents surrounding the History of this Nation. Consider it more of an investment, than a waste of Time.

 

It is an attempt to add Reason behind the seemingly Irrational way our Government Operates. In that respect it is a Very helpful Educational Tool. There were numerous symbols used perhaps they were somewhat confusing ?

 

 

 

 

 

 

Link to comment
Share on other sites

The description of history up until Andrew Jackson was accurate IMO. The thing I saw wrong was the time between Andrew Jacksons death and the start of the federal reserve did not see the economic stability they claimed. At least as far as the markets were concerned there was a pretty clear 15 year cycle of boom and bust. It was the policies of FDR that regulated the banking and wall street that made those 15 year peeks and valleys less pronounced. Also fueling economic growth after FDR was our socialist national highway system for the same reasons that the railroad fueled growth 100 year before that (but that is another argument.) Our best economic growth time was from about 1948 to 1970. This period is referred to by economist as the golden era of capitalism and it was done under the Federal Reserve system.

 

FDR was president longer than any other president. He had the time to figure out what worked and what didn't. He gave us a system that was stable for 50 years and did a good job of protecting consumers in the middle and lower classes. Like it or not this last bust was not the result of the Federal Reserve system but the result of regulators not regulating, and banks bundling sub prime loans they knew would fail into mortgage back securities and selling them to unsuspecting investors. While at the same time taking out credit default swaps against those same securities. Essentially betting against their own clients and like the Black Socks Scandal in 1919 they held the power to win their bets. Unlike the Black Socks no one has been prosecuted for their crimes. Nice how banks and wall street can knowingly commit fraud and not face any charges.

 

Don't get me wrong. I am not a fan of the Federal Reserve System. I'm just not sure you can turn back time and go back on the gold standard without a major period of time when things would be very bad for everyone.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...