Listen along as Patrick Gunnels of Reading Epic Threads, narrates the following article.
If my article resonates with you, please like and share widely. To make the Jubilee & Gold Standard a reality, is for people to think and talk about the pros & cons and further finesse my points.
Blog Verse: Jubilee
8 And thou shalt number seven sabbaths of years unto thee, seven times seven years; and the space of the seven sabbaths of years shall be unto thee forty and nine years.
9 Then shalt thou cause the trumpet of the jubile to sound on the tenth day of the seventh month, in the day of atonement shall ye make the trumpet sound throughout all your land.
10 And ye shall hallow the fiftieth year, and proclaim liberty throughout all the land unto all the inhabitants thereof: it shall be a jubile unto you; and ye shall return every man unto his possession, and ye shall return every man unto his family.
11 A jubile shall that fiftieth year be unto you: ye shall not sow, neither reap that which groweth of itself in it, nor gather the grapes in it of thy vine undressed.
12 For it is the jubile; it shall be holy unto you: ye shall eat the increase thereof out of the field.
— Leviticus Chapter 25
Bible Verses About Meaning Of Jubilee
Breaking it down…
Verse 8 provides the formula for setting Jubilee. The trumpet in v. 9, brings me to mind of a Nikola Tesla quote; “If you want to find the secrets of the universe, think in terms of energy, frequency and vibration“. Jubilee is a recurring Great Reset in the Old Testament, starting after Moses led the Israelites out of Egypt. A Biblical reset of debt and possessions. Klaus Schwab desires a Marxist reset in which you will own nothing and be happy.
The false preachers teaching ‘prosperity’ & ‘God is Love’ in our churches today, also teach that ‘situational ethics’ allows Christians to discard the Old Testament as myths and or irrelevant. In doing so, they undermine the Common and Natural Law that flows from our Creator and grants us the unalienable liberties and rights we are born with. These Marxist deceivers are useful to, and promoted by, globalists to ensure that we will never be free of debt and bondage.
1 Corinthians 11:30, “For this cause many are weak and sickly among you, and many sleep“. 1 John 8:32, “And you will know the truth, and the truth will set you free“.
Ending The Fed
By now, most are aware that the Federal Reserve Bank is not part of the government, rather a private enterprise that has been stealing our wealth for decades. So how do we go about making America wealthy again?
The Founding Fathers provided us with true path to ensuring economic stability and wealth. By contrast, a fiat currency is subject to the whims of bankers and politicians and in a blink of the eye, your wealth can be erased.
Article I – The Legislative Branch, Section 8 – Enumerated Powers of Congress, Clause 5 – Money, Weight & Measures
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
Article I – The Legislative Branch, Section 8 – Powers Prohibited of States, Clause 1 – International Liaisons, Coinage & Contract Interference
No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Tenth Amendment Solution
In a 2014 article, Oklahoma Senate Passes Bill to Authorize Gold and Silver as Legal Tender, 37-4, The Tenth Amendment Center writes:
Senate Bill 862 (SB862), was introduced by Sen. Clark Jolley and Rep. Gary Banz, with cosponsorship from Sen. Natham Dahm. It reads, in part:
Gold and silver coins issued by the United States government are legal tender in the State of Oklahoma. No person may compel another person to tender or accept gold or silver coins that are issued by the United States government, except as agreed upon by contract.
If passed into law, Oklahoma would become the second state to recognize gold and silver as legal tender authorized for payments of debts and taxes. Last month, the Arizona senate also passed a similar bill by a vote of 18-12.
Currently all debts and taxes in Oklahoma and the rest of the United States are either paid with Federal Reserve Notes (dollars) which were authorized as legal tender by Congress, or with coins issued by the U.S. Treasury — very few of which have gold or silver in them.
… The Constitutional tender act is a big step towards that constitutional requirement which has been ignored for a long time in every state of the country. Such a tactic would achieve the desired goal of abolishing the Federal Reserve system by attacking it from the bottom up – pulling the rug out from under it by working to make its functions irrelevant at the State and local level.
Passage of this legislation would introduce currency competition with Federal Reserve Notes. Professor William Greene explains further:
“Over time, as residents of the State use both Federal Reserve Notes and silver and gold coins, the fact that the coins hold their value more than Federal Reserve Notes do will lead to a “reverse Gresham’s Law” effect, where good money (gold and silver coins) will drive out bad money (Federal Reserve Notes). As this happens, a cascade of events can begin to occur, including the flow of real wealth toward the State’s treasury, an influx of banking business from outside of the State – as people in other States carry out their desire to bank with sound money – and an eventual outcry against the use of Federal Reserve Notes for any transactions.”
Once things get to that point, Federal Reserve notes would become largely unwanted and irrelevant for ordinary people. Nullifying the Fed on a state by state level is what will get us there.
Without a single act of Congress, the Federal Reserve system can be brought to its knees by passing such bills in states all over the country.
Good for OK, but What About Congress?
In Issues / National & Economic Security, I cover how the Federal Reserve Act came about and the need to abolish it, returning to the Gold Standard. I suggest reading Making America Wealthy Again first for context before reading further. And when the Federal government goes rogue, there is not much that a State can do to counter an out of control economic system, except to authorize silver & gold as a legal tender.
As we read from the Constitution above, Congress is delegated the sole responsibility to coin money and set the standard weights and measures. However, Congress has failed to “secure the Blessings of Liberty to ourselves and our Posterity” per the Preamble.
On December 23, 1913, Congress passed the buck to the Federal Reserve Bank to provide the nation with a “safer, more flexible, and more stable monetary and financial system”. That was the lie sold to We the People; that a fiat currency would free us from financial worries. Instead, the bankers and their cronies proceeded to plunder and ransack our wealth. Whose wealth? Your wealth! As well as that of your forebears and that of your children and your children’s children.
The Colt .45 Standard
Of all American handguns the Colt .45 Peacemaker is the most famous, most legendary and arguably the most aesthetically pleasing. On the civilian market, the finish was a brighter blue than the government issue and nickel plating was a popular finish with a 1-piece walnut stock. Back then, those guns sold for $20, or one ounce of gold. 150 years later, Colt still produces the Peacemaker and the cost hasn’t changed much; it will cost you one ounce of gold, or about 1,900 inflated Federal Reserve issued dollars.
It’s well past time to “return our diamonds“. Let’s explore how.
The following was penned back in 2013 by R. Lee Phillips, my campaign manager andConstitution Party 2010 candidate for Iowa Governor.
The Vision of Restoring America’s Economy
The missing element in America’s economic discussion is monetary policy. This is expected from President Obama and his liberal following because the current policy enables socialism to thrive. Obama’s scheme to convince America life is better with consistently high unemployment, bailouts, a sky-rocketing national debt and a growing federal government—is actually a picture of America following a hearse to the cemetery.
When Obama’s big government bureaucracies spread fear about the elderly losing benefits from Medicaid or Medicare is like a bank robber holding the hostages as shields in his get away. Those working for government don’t want to lose their jobs and will say anything to save them and their benefits; but panic and fear tactics will solve nothing. We only have two choices: either an uncontrolled economic crash or a controlled economic crash. The future inevitably holds an economic crash of one type or another, but by proactively restructuring our nation’s monetary policy we can avert the more terrible of two outcomes.
The change in monetary policy from gold aiicl silver can historically be tied to congressional action taken before two specific social programs were enacted: SOCIAL SECURITY and WELFARE. The Gold Act of 1934 essentially ended the circulation of gold as a tender of debt payment. What came along in 1935 besides Parker Bros. game of Monopoly?—Social Security.
Again, silver was last minted for circulation in 1964. What emerged in 1965 under President Lyndon B. Johnson’s great society—a myriad of social programs that gave birth to our current welfare state. Changing monetary policy clearly enabled both federal programs of gargantuan proportions to emerge.
To reverse the unsustainable weight and generational decay of each we need to reverse the acts that led to them.
Why is gold and silver the solution?
1) It is money that retains a store of value and provides substance we can pass on to our children beside debt.
2) It is money free from manipulation by Wall Street bankers.
3) It can’t be printed and would guard against hyperinflation and growth of government.
4) Its Constitutional and owned by the people. These are the principles of sound money.
Currently America is enslaved to the compelled liability of the Federal Reserve Note (FRN) and pocket change that’s intrinsically worth nothing. Monetary policy today eludes the above four principles of sound money. Gold and silver appears to rise in value when in reality the FRN is losing value. It is worth less—worthless! The value of gold and silver is stable, has stood the test of time, and is unmatched by paper FRNs.
How this could work is by setting the rate of commerce at 30:1. If we divide by thirty ALL COMMERCE*: hold and freeze the current market value of all commercial products, roll it over to the gold and silver standard, then the economy could adjust to the new structure, revive, and return to a free market to establish prices according to supply and demand in less than a year.
Under Gresham’s law, to prevent hoarding, would require compelling the people to use precious metal for daily commerce by pulling out of circulation all denominations of FRN’s; including all cupro-nickel coins, dimes, quarters, and halves minted since 1965. These could be exchanged at $1,500 dollars for one ounce of gold ($50) or $30 dollars for one ounce of silver ($1) in specie.
The genius of the plan would be pennies and nickels would retain their value of one- and five-cents; but would in essence gain thirty times in value being tied to gold and silver. As stated, the genius of the plan, is that all the people in poverty or on welfare have in their possession many pennies and nickels. If a family has fifty dollars in pennies and nickels sitting in a jar it would suddenly explode to fifteen hundred dollars in buying power by today’s standard. The fifty dollars in cents could be exchanged for fifty ounces of silver or one ounce of gold. Presently it’s not even worth the gas to drive to the bank to convert. This would be a stimulus for every household in America and would cost the government nothing to distribute.
A couple of questions emerge. Why do American’s have to pay a central bank interest on the national debt for the use of “our” money? And constitutionally, how does the power of Congress to coin money and set the value thereof go from the legislative to the executive branch without amending the Constitution? Where does the Constitution allow any branch of government to redelegate any of its authority or power?
It seems the Federal Reserve System is unconstitutional in its current form and function and warrants an investigation at the least, and an audit at the most. The Federal Reserve Act of 1913 has been the leader of debt creation and monetary debauchery for the past one hundred years. This institution has led the race in the corruption we face today in America’s social spending.
The only solution the federal government offers to the destitute is an entitlement. Those on welfare, most on welfare would be willing to get off but can never do so with the chains of government induced poverty wrapped around their necks. Welfare just keeps a person barely alive without any hope in the future. Sound monetary policy begun by our Founding Fathers set the stage to help future generations to pursue the American dream. It placed the floor of success on the ground within reach without government assistance. The young people would be this plans greatest beneficiary being able to start life without creating a mountain of debt—not to mention the resuscitation of many city and county governments.
The U.S. Constitution was designed to protect the American idea from something that will never change—human nature. It was also to protect equal rights that come from God and not to provide equal things under the guise of entitlement. Monetary policy such as gold and silver crafted by our Founders is a moral right. There would be no need of a vastly immoral redistribution of wealth scheme except to adequately care for those who are physically or mentally unable to provide for themselves. There would be no need for a giant food stamp program because food would become affordable. There would be no need of help with utilities; expecting the number of applicants to drop significantly. Housing and small business startups would be more accessible and productive for those less inclined with a change in monetary policy.
To implement such a plan would require dismantling the Federal Reserve System as we know it. Stating this would open Americans to attacks from the World Bankers as they would lose power and prestige in a system that, by design, produces poverty.
For example, under the 30:1 plan, a home selling for $120,000 now would be $4,000. Imagine the interest rate on a bank loan or property taxes on the latter amount over the first. This would be a tremendous help to Americans but create fear in hearts of the central bankers. Gasoline at $3.60 per gallon would be 12-cents; affordable for everyone. The amount of gold and silver needed in circulation would be enough to sustain our economy; the cost of living would be affordable for the least of us.
Numbers can be manipulated to mean anything. We think if we could make $100 per hour and $800 per day we would be doing great. But if we have a $1,000 per day cost of living, then we still have a $200 per day deficit—and still broke. More is illusory under the current monetary policy and never enough bordering on hyperinflation. Monetary policy consisting of gold and silver would make smaller more affordable numbers that the common person can wrap their minds around without government assistance, and the greatest benefit—independence from government.
This idea will not affect the people who have business skills; however it will release them from financing and supporting a failed welfare program. Minimum wage, if needed at ail, would be reduced to a silver quarter per hour. This would translate into two dollars per day or ten dollars per week. Even the laziest person could easily make a dollar a day and survive without welfare! But, as it is, the cost of living is so high more people are pulled into the welfare roles. They don’t comprehend or possess the ability to make the amount of money required to survive in the intentionally induced welfare state of today.
There would be no limit as to the amount of money a person can earn. This plan places the starting point in life in the same position equally for everyone but uncaps the top! You can essentially start with nothing, with humble beginnings, and succeed without government assistance or welfare. This plan will and can work only if you can see the vision of smaller is better in our national monetary policy. Is the sky-rocketing debt and high cost of living better? That’s the problem. Its so high everyone is so overwhelmed by it that they can no longer see over it anymore.
— Rick Phillips
* ALL COMMERCE: all contracts, bank loans, stocks, rents and royalties; the national debt, federal and state budgets; including fines, licenses, student loans; wholesale and retail goods, commodities, gasoline and utilities; all services, wages, fees and surcharges; EVERYTHING.
With the aforementioned Colt .45, it would now cost you $50. But then again, the article was written in 2013 when gold was averaging $1,500 an ounce and today, approximately $2,000, so the rate of commerce ratio would be tweaked.
And about that Convention of States Action (COSAction) proposal to add a Balanced Budget Amendment. What’s the point of BBA, as it is predicated on controlling ‘fiat’ spending by Congress? Congress will no longer be able to incur debt at will if the Federal Reserve was no longer printing smoke and mirror currency. Something to think about.
It’s gonna be Biblical!
As your “Constitutional” Senator, we will abolish the Federal Reserve Act and return wealth to We the People.
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