Tuesday, February 1, 2011
Why are these people protesting? Why are they so determined to get rid of President Hosni Mubarak? Mubarak announced today that he is not seeking re-election and is willing to permit a transition of political power to a new government or new leaders. What made the Egyptians so unhappy with Mubarak? Was it the 20% unemployment? Is it the vast economic gulf between the opulence of the rich and the poverty of the masses? Surely, when tens of thousands of sincere protesters register such indignation against a corrupt dictator, his departure can now spell a new era of prosperity and success for the average Egyptian.
How much will you bet me that things will not be different one year from now? Will Mubarak's successor implement sweeping fiscal changes and restore financial control and stability to the Egyptian economy -- and, if not, why not?
Did Mubarak control Egypt's economy, or is it controlled by some "central" bank (like the private bank - the "Federal" Reserve in the U.S.)? I submit to you that whoever Mubarak's successor turns out to be, he will be just as impotent as Mubarak and just as impotent as the millions of frustrated protesters to do anything to prevent the fraud and corruption of the central banking system, with its death-grip on the monetary supply, and its fractional reserve usury scam.
I am beginning to think that national usury schemes are an unavoidable disease in any telestial world. For a season, good people hit upon the idea of using precious metals as value equivalents - as an honest measurement and medium of exchange. Gold may be shiny and appealing - it may even have limited uses in industry, but its role as currency elevates it to a status of great importance. I don't remember my wives saying to me - "Honey, why won't you bring us home a big chunk of zinc or nickel?". Like silver, gold is hard to find and extract, and everyone can mutually agree on ascribing a constant value to it. Remember that gold doesn't "grow" in value, it is simply that our paper Federal Reserve Notes shrink in value.
In a movie last night ("The Importance of Being Earnest") I saw a man holding a first-class train ticket valued at four pence (circa 1895). Have you ever asked yourself why the value of money has to be diluted decade after decade, and who is causing it? Could it be that when you borrow ten dollars and promise to pay back eleven dollars, that you have to work harder to find that eleventh dollar - and, when all the money in circulation has been loaned into circulation, and everybody is chasing around trying to find the "eleventh dollar" that doesn't exist, then the only solution is to PRINT MORE DOLLARS? That's what causes inflation. So how do you prevent runaway hyperinflation? - - easy - just create the Internal Revenue and tax all the surplus paper dollars out of circulation every spring (ever feel like you've been had?).
When a den of Gadianton robbers conspires to substitute paper bills (or notes) for real currency, there is the risk that another set of crooks will de-couple the supply of paper money from the amount of silver and gold in a country's treasury, and then the kings can easily "drink of the wine of the wrath of her fornications" (= Bible-speak for profiting off of the private usury banking scam). Jesus Himself got pretty ticked off at those money-changers. I wonder what He would say about inflation and deflation, and war-lending, and progressive income taxes, and Bernanke's "Quantitative Easing" (= usurer speak for printing hundreds of billions of new paper notes to mask our insolvency).
Do you look with sadness upon the effective impotence of the Egyptian protesters? Does the Lord look with sadness upon our impotence when we cannot successfully protest the plundering of our land - His land?
Ezekiel 18:13 Hath given forth upon usury, and hath taken increase: shall he then live? he shall not live: he hath done all these abominations; he shall surely die; his blood shall be upon him.
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