The Federal Reserve
If you’re interested in learning how to drive a stake into the heart of the welfare and warfare state then read this post…
As my original post and follow-up post explained, until a year ago I didn’t have hardly any real understanding of the monetary (and banking) system. You might find it helpful to listen to the this talk given by G. Edward Griffin. It caused a paradigm shift to occur with how I understood these matters and how I now invest. It may be one of the most important hours you ever spend studying a secular topic. You can listen to it straight off Google videos. Make the time to listen to it.
After listening to his talk watch the following helpful video on the Federal Reserve. For some unknown reason the video doesn’t automatically begin so give it a tiny nudge forward and it will begin playing.
Read the following books on the topic.
The Creature from Jekyll Island: A Second Look at the Federal Reserve
Educate yourself. After all it’s October. It’s ok to be shocked and scared straight!
A Thin Line We Must Walk
Some recent discussions have reinforced my natural disdain for many features of what is derisively called “The Nanny State”. The underlying philosophy of the nanny state, and of the modern liberals that run it, is that the people must be protected from themselves. Instead of viewing individuals as potentially responsible citizens, they seek to deprive them of their dignity as free and moral beings by imposing restrictions on personal behavior.
But there is such a thing as reasonable regulation for the common good. Catholic social teaching has never been libertarian at its core. It has condemned economic liberalism, the doctrine of the “invisible hand” – that the private pursuit of self-interest on the part of each leads necessarily to benefits and prosperity for all. Unlike the atheist Objectivists, we do not believe that selfishness and consumerism are virtues.
We are therefore, as Catholics and citizens, called upon to find a balance between respect for individual liberty and the common good. I am deeply dissatisfied with both lassiez-faire approaches to social problems (including and especially economic problems) and statist paternalism, because in a way they are two different versions of a bad parent.
Born Again Welfare State
Many on the political left wish to emulate the social welfare state model of most of western Europe.





Recent Comments
(4 hours ago)
(5 hours ago)
(5 hours ago)
(5 hours ago)
(6 hours ago)
(6 hours ago)
(7 hours ago)
(7 hours ago)
(7 hours ago)
(8 hours ago)
(8 hours ago)
(8 hours ago)
(8 hours ago)
(9 hours ago)
(10 hours ago)
(11 hours ago)
(11 hours ago)
(11 hours ago)
(11 hours ago)
(11 hours ago)