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Title: Your Own Money
Source: The E. C. Riegel Blog
URL Source: https://ecriegel.blogspot.com/
Published: Jul 26, 2016
Author: David Burton
Post Date: 2016-07-26 13:27:12 by David Burton
Keywords: Money, Business, Economy
Views: 2973
Comments: 29

PRESS RELEASE:

Since its inception in 2011, the E. C. Riegel Blog has developed into an impressive library of resources enabling one to understand the potential power and significance of actually earning and using your own money.

We'll attempt to make it plain exactly why people are more valuable than anything else and that this posits a better basis for a monetary system than anything else. We offer a unique but obvious perspective on money, economics and the economy.

Our mission has been from the beginning to offer humanity the basic economic lifeboats away from a system that we believe is like the Titanic in its ultimate fate. We do not want to be aboard her or have anything to do with her. It was said, “come out of her, my people,” etc.

We took particular cognizance of the opening statements on this forum. We don't know whether it is active or not, but we agree with everything said. Everything, especially the right NOT to associate. We simply cannot do that until we have our own money, period. So please take a look at the proposal and get back to me concerning any ideas you may have to bring it into being.

As Riegel himself said, without the freedom represented by money issue, the other freedoms are really pointless. If we have that power and it eventually prevails, then we get to call the shots when THEIR money ultimately fails; no more wars, no more immigration without limits, no more, no more, etc. We want our freedom, we want no more of theirs.

We also have to start walking out on them, disrupting their terrible plans, socially shunning their company and any who work for them, do not treat these people as friends, etc. This can and would cause cleavages to break even in families.

But these people who pay us have not earned our trust. In fact we have to grow some “horns of iron and hooves of brass.” I'm particularly seeking out people in law enforcement for the right reasons, their grandmothers, lawyers who may be able to keep the beast from us until it is no more, and the “pillars of society” people whose businesses are characteristic of their locations and hallmarks of their communities, without which their locations would not be what they are. These many might call the John or Jane Galts of their areas.

The first thing is to organize what I have called the International Value/Valun Exchange Society or IVES. Call it what you will, this organization would be the servant of all the local Valun exchanges that would spring up. Then we have to set to work finding and organizing among ourselves in our local communities.

We don't have that long before their system bites the dust. Then they'll offer us a new one with more police state aparat, none of which we want but all of which is necessary to keep their agenda going. THEY PAY FOR IT WITH THEIR MONEY AND WE ARE ALL SLAVES TO IT. Since this is obvious we have to devise our own.

But even if we had a hundred years, how much is held back simply because we have to rely on borrowing more of THEIR money? Right. You're wasting your life. What does your community need that you could provide if there were money to pay for it? It's time to STOP relying on them and doing our own thing.

Any comments may be used by me for future articles, but I am about this because it is the truth and for no other reason. If you see what I see and have ideas what to do, let me hear from you.

David Burton venlead2013@aol.com

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#1. To: David Burton (#0)

As Riegel himself said, without the freedom represented by money issue, the other freedoms are really pointless. If we have that power and it eventually prevails, then we get to call the shots when THEIR money ultimately fails; no more wars, no more immigration without limits, no more, no more, etc. We want our freedom, we want no more of theirs.

Wonderful article ... we must divest ourselves from their monetary fraud ... how we do it remains to be seen. Some communities have begun issuing their own script / currency based upon hours worked. Bottom line is we will either develop our own system or they will shove theirs up our keesters.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   16:00:50 ET  Reply   Trace   Private Reply  


#2. To: David Burton (#0)

We must reform the FED RESERVE to such an extent that the currency in circulation is created by and belongs to the United States Treasury, not the FED RESERVE. Checking accounts would be classed as treasury notes and would not interfere with the credit system.

The system of credit would then have the notes necessary to pay interest on credit within it (that of treasury notes issued interest free) AND the laws wouldn't necessarily be predicated upon the UCC leaving the Constitution and common law unmolested by commerce.

Separating the circulating currency (issued debt free by the treasury) from the credit system is absolutely necessary. Then, as opposed to the way things are done now, all monies wouldn't be considered as debt; and credit (debt) would become voluntarily utilized. Contracts for credit would then apply only to borrowers and those choosing not to borrow would fall under the common law while users of credit would fall under the commercial contract law related to their use of credit.

As things stand today all currency is debt and their isn't any means of paying the interest without building perpetual bubbles of debt.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   16:42:56 ET  Reply   Trace   Private Reply  


#3. To: noone222 (#2)

Screw the reform, repudiate! and print our own interest-free currency.

The jews have made enough over the last century+.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   17:03:43 ET  Reply   Trace   Private Reply  


#4. To: Lod (#3)

Screw the reform, repudiate! and print our own interest-free currency.

The jews have made enough over the last century+.

I don't believe the system in place can simply be shut off and a new one introduced immediately. Things may be getting to the place where checks are simply outmoded due to plastic and things like pay pal but as things sit right now the check clearing is an immense task.

I would remind my good friend that there are many ethnicities benefiting from the banking system's usury. (Though an abundance of Jews are present). Also, the point I would make is that our everyday business which in most instances doesn't require a loan or credit to transact is in fact born in debt/credit because of the FED issuance of their currency.

All I'm saying is we should ween ourselves off of the FED teat.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   17:23:37 ET  Reply   Trace   Private Reply  


#5. To: noone222, David Burton (#1)

Open, public source, blockchain cryptocurrency fascinates me on many levels.

Many signs point to the Single Source Planet overlords heading towards a (fractional) asset backed digital cc.


"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-26   17:27:57 ET  Reply   Trace   Private Reply  


#6. To: Rotara (#5) (Edited)

Many signs point to the Single Source Planet overlords heading towards a (fractional) asset backed digital cc.

Could we trust a web based digital monetary system ? I see the internet as a very susceptible system to attack from unlimited sources such as the U.S. government, other governments, and countless hackers.

I have already been made aware of many breaches at bitcoin. Though I admit that I do not know much about digital banking.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   17:40:17 ET  Reply   Trace   Private Reply  


#7. To: noone222 (#6)

I believe the BTC breaches were from e-wallets or gatekeepers, per say. Hacking the blockchain algorythm would take 500 years !


"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-26   17:50:05 ET  Reply   Trace   Private Reply  


#8. To: noone222 (#4)

The logistics would go on just like they did when Treasury changed the look of our current FRNs and coins. No big deal to the banks, just to the fiat-currency jew issuers of the currency.

Do like Iceland and cut the debt out of the equation.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   17:54:02 ET  Reply   Trace   Private Reply  


#9. To: noone222, Rotara, 4 (#5)

I too know less than nothing about bitcoin or digital, mark of the beast, banking. Nor do I wish to learn.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   17:58:34 ET  Reply   Trace   Private Reply  


#10. To: Lod (#8)

The logistics would go on just like they did when Treasury changed the look of our current FRNs and coins.

Agreed ... no problem. What about tracking checks ? Checks are run through clearing houses before they reach their final destination.

Do like Iceland and cut the debt out of the equation.

That would be a governmental operation. Up to this point in time the government has agreed to pay the shit.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   18:01:32 ET  Reply   Trace   Private Reply  


#11. To: Rotara (#7)

I believe the BTC breaches were from e-wallets or gatekeepers, per say. Hacking the blockchain algorythm would take 500 years !

Well, the general population has to have a system that they can ALL participate in, not just GEEKS and puter freaks !

Ha !

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   18:03:08 ET  Reply   Trace   Private Reply  


#12. To: noone222 (#10)

The ideal (dream world) way to fix things would be for congress to say that "we really, really, screwed up in 1913 and we're going to abolish the Fed and resume issuing our own US currency."

There would be some wailing and gnashing of teeth, but so what? It's what should be done to keep this raggedy ass country afloat.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   18:08:29 ET  Reply   Trace   Private Reply  


#13. To: Lod (#12)

There would be some wailing and gnashing of teeth, but so what? It's what should be done to keep this raggedy ass country afloat.

My post was suggesting a way to pull away from the fed without collapsing the economy. No one hates the FED more than me, and most don't have a wad like yours stuck under the mattress.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   18:12:08 ET  Reply   Trace   Private Reply  


#14. To: noone222, Cynicom, 4 (#13)

...and most don't have a wad like yours stuck under the mattress.

Cyni has the most of all tucked away...

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   18:38:08 ET  Reply   Trace   Private Reply  


#15. To: noone222 (#13)

My post was suggesting a way to pull away from the fed without collapsing the economy.

All I'm suggesting is to tell the Fed that we don't need their debt-money any longer and begin printing US Treasury notes (as Jackson, Lincoln, and Kennedy did); there would be NO economic collapse at all.

No?

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   18:42:43 ET  Reply   Trace   Private Reply  


#16. To: Lod (#15)

All I'm suggesting is to tell the Fed that we don't need their debt-money any longer and begin printing US Treasury notes (as Jackson, Lincoln, and Kennedy did); there would be NO economic collapse at all.

I'm agreeing completely with taking the issuance of currency away from the FED !

All I'm saying is that Joe lunch bucket gets a check and not everyone even wants a bank account or auto deposit or credit cards ... but they do need to transact business and there has to be a system in place to do it.

The important thing is to remove everyday business from being considered commerce.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-26   19:04:45 ET  Reply   Trace   Private Reply  


#17. To: noone222 (#16)

Even Doug from Bastrop had a checking account for cashing checks and for the transactions that he wanted to have a cancelled check for his records. You know how out of the system he was...RIP

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   21:22:37 ET  Reply   Trace   Private Reply  


#18. To: Lod (#12)

My old man was a real cheapskate. He would never give my mom any money. Finally she got a job with the phone company doing "counts", which was listening in on phones calls and writing down information. I made my money on a paper route and playing the organ in church on Sunday.

I wanted to be a Cub Scout in grade school, but you had to buy your own uniform. Forget about it. When my mom was driving the old Buick station wagon on Lake Shore Drive, the brakes went out and she had to zig zag thru traffic. God forbid if he checked the brake fluid and it was low, he would have to go the the auto parts store and buy some.

Pardon my rag. It just popped into my head. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-07-26   21:37:14 ET  Reply   Trace   Private Reply  


#19. To: BTP Holdings (#18)

That's sad that your dad sucked like that; maybe he was OK in other areas. I hope.

One thing that "got me" was about the Cub Scouts. My mom was the den mother and took good care of the cubs in her den. I'm sorry you missed the experience.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-26   21:53:01 ET  Reply   Trace   Private Reply  


#20. To: David Burton (#0)

Money is just a handy bookkeeping system. Anyone with competence and integrity can issue money. If I'm making widgets and need labor and materials I issue widget entitlement notes.

Tatarewicz  posted on  2016-07-27   1:56:17 ET  Reply   Trace   Private Reply  


#21. To: Tatarewicz (#20)

If I'm making widgets and need labor and materials I issue widget entitlement notes.

What if the local grocer doesn't accept widget entitlement notes ?

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-27   6:32:33 ET  Reply   Trace   Private Reply  


#22. To: Lod (#19)

maybe he was OK in other areas.

We went on vacations quite a bit. One time we were on the way to Mt. Rushmore. He wanted a beer and we stopped at a bar room in South Dakota. I was looking at the juke box. Some white guy called an Indian a "nigger" and it started a fight. They were duking it out right above me. My mom and sister were scared. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-07-27   7:42:44 ET  Reply   Trace   Private Reply  


#23. To: noone222 (#21)

What if the local grocer doesn't accept widget entitlement notes ?

There was a town in Arkansas that was involved with the Liberty Dollar. You could go there and exchange your FRNs for Liberty Dollars and spend them anywhere in town. When you were ready to leave you could exchange your Liberty Dollars for FRNs and you were set. But Liberty Dollar is long gone now, driven out of business by the banksters. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-07-27   7:46:43 ET  Reply   Trace   Private Reply  


#24. To: Lod (#15)

Kennedy did

I remember that. It was United States Notes. Doing that is what got him killed. But I know an old boy out here that says he was shot by accident by the Secret Service. Who know what the truth is. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-07-27   7:50:17 ET  Reply   Trace   Private Reply  


#25. To: noone222 (#11)

CC is finite, needs no government, central bank nor regulation. As of now all that I know of are private or even publicly traded but not controlled by a government. I am sure though that the spooks probably are behind oneof them, that's what they do.


"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-27   10:46:15 ET  Reply   Trace   Private Reply  


#26. To: noone222 (#21)

What if the local grocer doesn't accept widget entitlement notes ?

I.m making widgets because I've found them to be a marketable product; little different than a sack of potatoes or other veggies the grocer could sell. Grocer has option of accepting my WENs or losing a sale, having more unsaleable produce to haul away in the dumpster. He accepts the WENs because he know everyone needs a widget.

Tatarewicz  posted on  2016-07-28   3:20:23 ET  Reply   Trace   Private Reply  


#27. To: Tatarewicz (#26)

I.m making widgets because I've found them to be a marketable product; little different than a sack of potatoes or other veggies the grocer could sell. Grocer has option of accepting my WENs or losing a sale, having more unsaleable produce to haul away in the dumpster. He accepts the WENs because he know everyone needs a widget.

The grocer has a supplier that also has suppliers ... they need to be paid. Wouldn't you say there should be a common denominator currency ?

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-28   6:19:34 ET  Reply   Trace   Private Reply  


#28. To: All (#0)

My responses are here: ecriegel.blogspot.com/201...recent-press-release.html

David Burton  posted on  2016-07-28   10:49:42 ET  Reply   Trace   Private Reply  


#29. To: noone222 (#27)

there should be a common denominator currency ?

The Widget entitlement Note would exhibit a common denominator in terms of a living labor/wage cost as well as cost of input materials, etc. Mentioned WENs just as an illustration of what money should be doing but at our current level of knowledge and capabilities money is a Rube Goldberg inhibiting redundancy.

As I've advocated previously this cumbersome money bookkeeping system would best be replaced by a merit assignment arrangement whereby merit points are awarded and entitlement (to consumer products) gained on the basis of individual's wealth/services production, education/training achieved and availability to do required tasks. Geeks determine needs of a population, assign capable production staff and resources. Basics of shelter, food,medical care available to all.

Tatarewicz  posted on  2016-07-29   0:42:45 ET  Reply   Trace   Private Reply  


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