F Dominicus Blog : end the fed

What to do?

Friedrich Dominicus — Mon, 08 Oct 2012 04:06:00 GMT

well you US-citizens are to be regretted. Well it's not that you are alone with it. We Germans have to suffer at least as much as you. So you can vote in November? Well, that's at least something, but you do not have choice. Well that's the sad but true story. Obama does not care about you constitution and your bureaucrats and military has taken over.

The think which never should have happened is established. Human rights do not count any more. Every visitor is a suspect, one can not think why this could happen. And still neither Obama nor Romney will do anything about it.

Well sometimes the military has one good thing. Clear workds and it seems the words for your situation are fubar. But you still can fight for your civil rights. And it's time to write/talk to your delegate. And you can ask him not to vote for either of the two. It will not do but you still can do that.

The other thing you can do is resist wherever you can. You still can write and IMHO you should do the same as any German. Try to support this kind of state as less as possible. Find ways to keep your money with you. Start working for the initiative: "End the Fed" That will help.

I know it's not really anything we can change at once (at least it could be done) but it's worth working for it... You never will regain your freedom with a FED, such big military and so many public "servants".

Order of changes

Friedrich Dominicus — Wed, 27 Jun 2012 05:07:00 GMT

Well in my opinion there is an order of imporance for our money system.

The base is the fiat-money has to go. Nothing else will help the honest. All fiat-money systems are systems of defraud.

The holders of the "money" are states in the form of central banks. So it's clear central banks have no use in a 100 % gold backed currency. In fact central banks are those which manipulate the amount of money to their liking without anything but their will. And with the monopoly of force behind them. No one would accept written paper to be money if he does not know his counterpart and if he would not be coninced one could something for the offered money. The precious metals (especially gold) have their advantage, it's wanted world-wide and there is not country where gold is not precious. So everyone know Gold delivers.

So I'd propose the following order. 1) the new gold currency is just the weight of gold for prac tical use it might be a good idea to have coins of special weigh (g an kg are all we need for it, but even ounces would do) 2) the central banks can be kept during the introduction of gold as currency. There only duty is to fetch the gold let it coin an release it. The gold of the central banks is owned by everyone and so it could be the base for the money states have to use to pay their bills. 3) after that the central banks are closed down.

That's all. Everyone will tell us that is impossible to do, because of the sheer amount of free-floating paper (otherwise known as money). But we can find every quotient to make the amount of gold fit the currency in circuclation. it can' t be a problem do define one dollar worth 0.000001 g if that is what is needed. We roughly know the current amount of money and at least the central banks should know how much money they really printed.

Even Greenspan has has his light moments before he took the chair of the Fed. to that time he was exactly right. Why he lost it on the chair? Who knows.

Even if it may be difficult, it can get solved now or it will get solved in the future. Currently I'd think there is some kind of control possible, I doubt this will be true later. If the currencies and economies break down it's usual "fight" time. And as much as I hope it can workout without violance, I'm sure it will be violence....

speculation the EU way

Friedrich Dominicus — Thu, 13 May 2010 07:43:00 GMT

Well as written before the politician (sorry deledes) do blame he speculant. Well I wonder what this guys have done to envforce the EU and US to pile up debt as high as roughly around 25 000 000 000 000 US-$. How did they do it? I really want to know. I'd add a few extra trillions. Well no I guess it is not possible. It's just "democratic" decisions to live out ouf any "economic" bound. Howerver bounds are not without a reason bounds. You sooner or later have to stay within their borders. Or you will be brought back by "reality". The deledes ability to ignore reality is just "miracolous". Or simply "stupid", feel free to choose. How can we get rid of this maniacs. Votes won't help and so there must a another way to protect "normal people" How about- - ending the central banks - ending the fractional reserve system - best abolish the central banks (no rendor of last resort no safety net for defrauders - prohibit states to issue bonds. You do not need any other means for it, and suddenly this kind of probems simply vanish. But of course it means less power fo deledes and that obviously a double no-no.