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Finance

The Subcommittee on Finance looks at monetary policy, banking, credit, loans, interest, and works to ensure the liquidity of markets.

Join the Management Subcommittee on Finance


QUOTES

"Give me control of a nation's money and I care not who makes it's laws" ~ Mayer Amschel Bauer Rothschild

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." ~ Thomas Jefferson

"The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity." ~ Abraham Lincoln

"Whoever controls the volume of money in any country is absolute master of all industry and commerce." ~ James A. Garfield

"A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." ~ Woodrow Wilson


MONEY


Money is a tool that is utilized in order to facilitate the trade and exchange of commodities. Money makes commodities more “liquid” meaning easier to exchange. Money allows traders to easily deal with small fractions when exchanging between different commodities. Money is in itself worthless; the true value lies in the physical resources and services that money is simply utilized in order to possess. The barter holds the worth; the value is in the trade and transaction of commodities. Currency just facilitates the trading process making the exchange of goods easy. Money enables people to easily make transactions of commodities. Money itself has no worth aside from the functional value of being able to trade items that have real worth. Money has zero physical worth; it is a balanced medium of exchange. We therefore must stop appraising money anymore than the value it has in facilitating the transfer of goods and services.


APPRAISING THE VALUE OF MONEY

The value of money must be appraised according to actual physical worth within the economic system. The value of money should not be estimated or configured arbitrarily. In order to appraise such value we must first appraise the value of our physical socioeconomic system. We must total up the value and worth of every physical resource, public service, and communal asset that may be transacted. In order to appraise the worth of an asset we must understand the worth and resourcefulness of the asset by measuring the physical cost invested into the production of such resource or service as well as the supplementary benefit received from such product. Such cost can be measured in time, energy, materials, labor, skill. The benefit can be measured by a reduction of cost / loss in the system, increase in profitable gain, and desirability. When the entire economy is extensively evaluated and its total value appraised in physical terms a value can be set to money in order to optimally facilitate the transaction of such resources.


ADJUSTING THE AMOUNT OF MONEY IN CIRCULATION

The total amount of money in circulation must be proportional to the quantity and quality of assets possessed by a socioeconomic system. The value of the money is apportioned to a value that will most effectively transact all of the commodities in circulation. The smallest units of currency must be able to effectively transact the least expensive commodities. The most costly and expensive commodities require larger units of currency that can be transacted using small numbers that can be expressed with ease and simplification. The new system will enable people to accurately quantify the physical wealth that a commodity has. The system for establishing the price of a commodity should be transparent and a fair and equitable methodology universally affixed. The amount of money circulating within a society should be based upon a mathematical function designed to optimize the transaction of commodities. The amount of money in circulation should represent the total value of all commodities and economic resources within the system. The value of each unit of currency should be worth an amount that optimizes the liquidity of commodities in respect of the population demographics.


FACTS-

US Constitution: Article 1 Section 8 Powers of Congress- "The Congress shall have Power to coin Money, regulate the Value thereof, and of foreign Coin"

Article 1 Section 10 Powers Prohibited of States- "No State shall emit Bills of Credit (or) make any Thing but gold and silver Coin a Tender in Payment of Debts"


VIDEOS

The Capitalist Conspiracy: An Inside View of International Banking by G. Edward

David Icke - World Banking (Part 1)

David Icke - World Banking (Part 2)

Fiat Empire - Why the Federal Reserve Violates the U.S. Constitution

Money, Banking, and the Federal Reserve

Money Masters - History of the Federal Reserve 

Monopoly Men - Federal Reserve Fraud (1999)

The History of the Federal Reserve and its Political Opposition

ZEITGEIST: Addendum


LINKS:

Mike Adams on Raising Food Prices National Debt Information

Billions for Bankers, Debts for People (A History of The Federal Reserve)


GOVERNMENT LINKS:

Chief Financial Officers Council

Office of Federal Financial Management

Personal Finance

US Senate Committee on Finance


STATE LINKS:

California - Department of Finance

Delaware - Department of Finance

Idaho - Department of Finance

Oklahoma - Office of State Finance

Vermont - Department of Finance and Management

Virginia - Secretary of Finance


COUNTY LINKS:

Cook County, IL - Bureau of Finance

CITY LINKS:

New York City, NY - Department of Finance



BOOKS

Banking and Currency and The Money Trust, by Charles A. Lindbergh

 

 


 

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