Friday, August 19, 2011

Is the Fed Treasonous?

Via Bazz


The neoconservative talking heads recently took a short time out from praising, deifying, and anointing Texas Governor Rick Perry as the next president of the United States to chastise him for criticizing the Fed. In particular, he was taken to the neocon woodshed for saying that the printing of trillions of dollars of paper currency was harmful to the economy and, since we are in a depression, such an act was "almost treasonous."

Governor Perry could not have been referring to the actual definition of treason that is contained in Article 3, Section 3 of the U.S. Constitution, which reads as follows:

Treason against the United States, shall consist only in levying war against them, or in adhering to their enemies, giving them Aid and Comfort. (emphasis added).

The only Americans who were ever guilty of treason under this definition would have been Abraham Lincoln, his cabinet, the "Civil War" Congress, the Union Army command, and all army volunteers from the Northern states during the War to Prevent Southern Independence. Waging war against the Southern states was the very definition of treason under the U.S. Constitution.

Lincoln rhetorically redefined treason to essentially mean criticism of himself and his government. This has always been the preferred definition of treason by American statists, beginning with Daniel Webster, who attempted to redefine it as such in his famous debate over the nature of the union with Senator Robert Hayne of South Carolina. Lincoln simply adopted Webster’s subterfuge while subverting the Constitution with his war.

So where does the Fed fit in here? Was Governor Perry totally off base when he said the Fed’s irresponsible and reckless behavior is "almost treasonous." The Fed is not "treasonous" according to the actual definition of treason in the Constitution. But what the Fed is guilty of is being the financial handmaiden of the subversion of constitutional government in America ever since its founding in 1913. It has helped to finance all of America’s unconstitutional wars and other "military adventures," for example, beginning with the Korean War. Congress no longer declares war, as required by the Constitution, and then disguises the costs of war with debt and with money creation by the Fed. Without the Fed, there would have been fewer unconstitutional wars over the past 60 years, and the wars that did occur would have been shorter.

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