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Old Deal
The "New Deal labor and industrial policies did not lift the economy out of the Depression as President Roosevelt and his economic planners had hoped", but it's "... policies are an important contributing factor to the persistence of the Great Depression" because it was not until the "abandonment of these policies" that a "strong economic recovery" began.[1]
Many criticized the New Deal economic policies, but the effect of social condition might - and the relationship between citizen and government may - be even more damning.
There had been a major shift from individualism to collectivism with the dramatic expansion of the welfare state and a corresponding dictatorship through regulation of the economy.
His New Deal was not that new.
It was as old as Cain, Nimrod, Pharaoh, and Caesar.
It would not have been possible without the Federal Reserve.[2][3] [4]
Those who do not learn from History are doomed to repeat its errors and fall into the snares of Babylon.
- Lycurgus, according to Plutarch, forbade the use of gold and silver as money. He called in all gold and silver, in order to "defeat greed" but not the greed for power. By producing money called pelanors, which was intrinsically worthless, he took away true individual freedom. What some call obeloi or pelanors were thin rods apparently made of iron which had been weakened by being cooled in a vinegar bath after being turned red-hot.
- Hitler too was more than willing to leave the gold standard behind. The German Federal Reserve had not been idle in their economy. " We had a good reason why we distanced ourselves from the gold standard." Adolf Hitler: Speech of November 8, 1942. Domarus Hitler's words were prophetic concerning World War II when he said: "The gold standard will not emerge victorious from this war." [5] Not only did Hitler oppose gold in the hands of the individual; he knew its absence fed the power of the state to collectivize the labor of the People. “Our opponents have not yet understood our system. We can be easy in our minds on that subject; they’ll have terrible crises once the war is over. During that time, we’ll be building a solid State, proof against crises, and without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off into a concentration camp! That’s the bastion of money. There’s no other way. The egoist doesn’t care about the public interest. He fills his pockets, and sneaks off abroad with his foreign currency. One cannot establish a money’s solidity on the good sense of the citizens.”[6] This was the Babylonian bondage of Egypt, the golden calf, Rome, Nimrod and Cain all over again.
Today, in this brave new world, "The masses continue with an appetite for benefits and the habit of receiving them by way of a rule of force and violence. The people, having grown accustomed to feed at the expense of others and to depend for their livelihood on the property of others... institute the rule of violence; [7] and now uniting their forces massacre, banish, and plunder,[8] until they degenerate again into perfect savages and find once more a master and monarch." [9] Polybius saw the downfall of the republic a 150 years before the first Emperor of Rome and 175 years before the birth of Jesus Christ and John the Baptist.
- ↑ Harold L. Cole and Lee E. Ohanian. New Deal Policies and the Persistence of the Great Depression: A General Equilibrium Analysis (2004). Archived May 17, 2006, at the Wayback Machine.
- ↑ Just measure of money
- Leviticus 19:15 Ye shall do no unrighteousness in judgment: thou shalt not respect the person of the poor, nor honour the person of the mighty: [but] in righteousness shalt thou judge thy neighbour.
- Leviticus 19:35 Ye shall do no unrighteousness in judgment, in meteyard, in weight, or in measure.
- Leviticus 19:36 Just balances, just weights, a just ephah, and a just hin, shall ye have: I [am] the LORD your God, which brought you out of the land of Egypt.
- Deuteronomy 25:13 ¶ Thou shalt not have in thy bag divers weights, a great and a small.
- Deuteronomy 25:14 Thou shalt not have in thine house divers measures, a great and a small.
- Deuteronomy 25:15 [But] thou shalt have a perfect and just weight, a perfect and just measure shalt thou have: that thy days may be lengthened in the land which the LORD thy God giveth thee.
- Deuteronomy 25:16 For all that do such things, [and] all that do unrighteously, [are] an abomination unto the LORD thy God.
- Proverbs 11:1 ¶ A false balance [is] abomination to the LORD: but a just weight [is] his delight.
- Isaiah 55:7 Let the wicked forsake his way, and the unrighteous man his thoughts: and let him return unto the LORD, and he will have mercy upon him; and to our God, for he will abundantly pardon.
- ↑ Paying substance
- Genesis 13:2 And Abram [was] very rich in cattle, in silver, and in gold.
- Genesis 24:35 And the LORD hath blessed my master greatly; and he is become great: and he hath given him flocks, and herds, and silver, and gold, and menservants, and maidservants, and camels, and asses.
- Genesis 23:16 And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current [money] with the merchant.
- Ezra 8:25 And weighed unto them the silver, and the gold, and the vessels, [even] the offering of the house of our God, which the king, and his counsellors, and his lords, and all Israel [there] present, had offered:
- Exodus 20:23 Ye shall not make with me gods of silver, neither shall ye make unto you gods of gold.
- Exodus 32:3 And all the people brake off the golden earrings which [were] in their ears, and brought [them] unto Aaron.
- Proverbs 1:14 Cast in thy lot among us; let us all have one purse:
- Proverbs 3:9 Honour the LORD with thy substance, and with the firstfruits of all thine increase:
- ↑ Just payment
- Leviticus 19:36 Just balances, just weights, a just ephah, and a just hin, shall ye have: I [am] the LORD your God, which brought you out of the land of Egypt.
- "Money is the just medium and measure of all commutable things, for, by the medium of money, a convenient and just estimation of all things is made."?
Maxim: "Moneta est justum medium et mensura rerum commutabilium, nam per meduim monetae fit omnium rerum conveniens, et justa aestimatio." Dav. 18. See 1 Bouv. Inst. n. 922. - "There is a distinction between a `debt discharged' and a `debt paid.' When discharged the debt still exists though divested of its character as a legal obligation during the operation of the discharge. Something of the original vitality of the debt continues to exist, which may be transferred, even though the transferee takes it subject to its disability incident to the discharge. The fact that it carries something which may be a consideration for a new promise to pay, so as to make an otherwise worthless promise a legal obligation, makes it the subject of transfer by assignment." Stanek v. White. 172 Minn. 390, 215 N. W. 784.
- "Thus, it is clear that, as a result of HJR 192 and from that day forward (June 5, 1933), no one has been able to pay a debt. The only thing they can do is tender in transfer of debts, and the debt is perpetual." Understanding the Impact of HJR-192: Suspension of the Gold.
- While these terms are used interchangeably, "lawful money" has a broader meaning than "legal tender".
- ↑ Delivered at Munich, Germany, February 24, 1941.
- ↑ Adolf Hitler, as recorded in Hitler’s Table Talk, 1941 – 1944: His Private Conversations pp. 98 -99.
- ↑ Matthew 11:12 And from the days of John the Baptist until now the kingdom of heaven suffereth violence, and the violent take it by force.
- ↑ Luke 16:16 The law and the prophets [were] until John: since that time the kingdom of God is preached, and every man presseth into it.
- ↑ "But when a new generation arises and the democracy falls into the hands of the grandchildren of its founders, they have become so accustomed to freedom and equality that they no longer value them, and begin to aim at pre-eminence; and it is chiefly those of ample fortune who fall into this error. 6 So when they begin to lust for power and cannot attain it through themselves or their own good qualities, they ruin their estates, tempting and corrupting the people in every possible way. 7 And hence when by their foolish thirst for reputation they have created among the masses an appetite for gifts and the habit of receiving them, democracy in its turn is abolished and changes into a rule of force and violence. 8 For the people, having grown accustomed to feed at the expense of others and to depend for their livelihood on the property of others, as soon as they find a leader who is enterprising but is excluded from the houses of office by his penury, institute the rule of violence; 9 and now uniting their forces massacre, banish, and plunder, until they degenerate again into perfect savages and find once more a master and monarch" Polybius: The Histories (composed at Rome around 130 BC)Fragments of Book VI, p289