Hearyee! Hearyee!
 Doctor Dinero's Discussions
Doctor Dinero
email: thedoctordinero@yahoo.com
September
10, 2004
B: The court of Doctor
Dinero, by the power channeling to the forefathers, is now is
session.
DD: Bailiff, what is the first case.
B: The Federal Reserve versus The Great Mogambo for disturbing
their peace and repeatedly informing them of their errors.
DD: The court does not recognize the Federal Reserve as a legal
entity according to the constitution and Mogambo scares me, case
dismissed. Next.
B: People against the three branches of the Federal Government
for not upholding their sworn duty to the constitution.
DD: Prosecution state your case.
P: First Offense, The federal government, all three branches,
has failed to uphold their duty to enforce the constitution as
stated in:
Article 1, Section 8, Paragraph 5: Congress shall have the power
to coin Money, regulate the Value thereof, and of foreign Coin,
and fix the Standard of Weights and Measures;
Article 1, Section 8, Paragraph 6: Congress shall have the power
to provide for the Punishment of counterfeiting the Securities
and current Coin of the United States;
No where in the constitution does it state that the "Coin"
of the United States be debt based. The original intent, as documented
in letters and essays at the time, was for congress to set the
standard weights and measurements of gold and silver to be used
as the "Coin" or currency of the United States. No
where in the constitution does it state that a private organization
"Federal Reserve" have the power to create a debt based
currency. This debt based currency can be directly linked to
the creation of wars (WWI, WWII, Korea, Vietnam, Gulf 1 and 2),
confiscation of savings, jeopardizing the standard living of
Americans, and the proliferation of a large oppressive government,
which was never intended by the forefathers. Therefore it is
the Prosecutions contention that the current government is in
contempt of the constitution. The Prosecution is seeking a return
to the limited government as stated in the constitution.
DD: Defense, how do you plead?
D: Not guilty, as the great John Maynard Keynes stated "the
gold standard is already a barbarous relic."
P: Wasn't he a Brit?
DD: Prosecution, I did not ask you to speak. Continue defense.
D: The constitution was written over 200 years ago. We are much
smarter today, we have electronic transactions, and most of the
"other" civilized countries have rewritten their constitutions
to reflect the New Economy. And everyone knows that gold bugs,
like the prosecutor are part of a far right wing conspiracy.
I move for this frivolous case to be dismissed.
DD: Motion denied. Prosecution please state your evidence.
P: I would like to call my first witness, Thomas Jefferson, a
prominent forefather and a gold bug (I guess Defense, you would
consider him to be part of the far right conspiracy.)
Thom, may I call you Thom, ok thanks, how do you fell about private
banks controlling the issue of currency, and in particular fiat
currency?
TJ: "If the American people ever allow private banks to
control the issue of their currency, first by inflation and then
by deflation, the banks and corporations that will grow up around
them will deprive the people of all property until their children
will wake up homeless on the continent their fathers conquered."
-- Thomas Jefferson in 1802 in a letter to then Secretary of
the Treasury, Albert Gallatin
P: Thom, those are some pretty strong statements, are you sure
that is your position?
TJ: I sincerely believe ... that banking establishments are more
dangerous than standing armies, and that the principle of spending
money to be paid by posterity under the name of funding is but
swindling futurity on a large scale." -- Thomas Jefferson
to John Taylor, 1816.
TJ: I wish it were possible to obtain a single amendment to our
Constitution - taking from the federal government their power
of borrowing."
P: Ok, Ok, calm down Thom, we are talking about Article 1, section
8, paragraphs 5 and 6, I think it is clearly obvious that you
do not want a "Private" central bank to create the
money supply which is the state of the union today. Prosecution
is done with this witness.
D: Thom, ok, Thomas Jefferson, don't you think that the constitution
does not reflect modern society and should be changed?
TJ: On every question of construction (of The Constitution),
let us carry ourselves back to the time when The Constitution
was adopted, recollect the spirit manifested in the debates,
and instead of trying what meaning may be squeezed out of the
text, or invented against it, conform to the probable one in
which it was passed.
D: No further questions.
P: I would like to call my next witness, George Washington (looking
at the defense "you remember him don't you, you know, the
first president.") What is your position on the use of fiat
money?
GW: "Paper money has had the effect in your state that it
will ever have, to ruin commerce, oppress the honest, and open
the door to every species of fraud and injustice." -- George
Washington, in a letter to J. Bowen, Rhode Island, Jan. 9, 1787
P: Defense your witness.
D: No questions.
P: I would like to call John Adams. What are your views?
JA: "All the perplexities, confusion and distress in America
rise, not from defects in their Constitution or Confederation,
not from want of honor or virtue, so much as from downright ignorance
of the nature of coin, credit and circulation." -- John
Adams, in a letter to Thomas Jefferson in 1787
P: So if I can summarize, you blame people's ignorance of the
dangers of a debt based fiat for all the problems in America,
OK good.
D: No questions.
P: Prosecution rests.
DD: Defense you may present your arguments for the first offense.
D: I would like to call John Maynard Keynes. You have been quoted
as say that the gold standard is barbarous relic, what did you
mean?
JMK: "By a continuing process of inflation, governments
can confiscate, secretly and unobserved, an important part of
the wealth of their citizens. There is no subtler, no surer means
of overturning the existing basis of society than to debauch
the currency. The process engages all the hidden forces of economic
law on the side of destruction, and does it in a manner which
not one man in a million is able to diagnose ... If, however,
a government refrains from regulations and allows matters to
take their course, essential commodities soon attain a level
of price out of the reach of all but the rich, the worthlessness
of the money becomes apparent, and the fraud upon the public
can be concealed no longer." -- John Maynard Keynes, economist
and author of "The Economic Consequences Of The Peace"
(1920)
D: That is not exactly what I had in mind. Do you not support
governments using deficits to stimulate the economy, but in order
for the government to do such, they need a fiat currency backed
by debt, hence your statement "the gold standard is already
a barbarous relic."
JMK: Yes
D: Your witness.
P: Bailiff, please reread his first statement. Thanks. Lord Keynes,
do you believe your own words.
JMK: Yes
P: No further Questions.
D: I would like to bring Alan Greenspan to the stand. What is
your opinion on the constitution's Article 1 section 8 paragraphs
5 and 6?
AG: Any informed borrower is simply less vulnerable to fraud
and abuse.
D: Ok, do you have anything else to add?
AG: I have found no greater satisfaction than achieving success
through honest dealing and strict adherence to the view that,
for you to gain, those you deal with should gain as well.
D: Continue.
AG: We have the responsibility to prevent major financial market
disruptions through the development and enforcement of prudent
regulatory standards and, if necessary in rare circumstances,
through direct intervention in market events. --Alan Greenspan,
January 14, 1997
D: Thank you Sir Greenspan, your witness.
P: What do you think has happened since the gold standard was
abandoned?
AG: In the absence of the gold standard, there is no way to protect
savings from confiscation through inflation. There is no safe
store of value. If there were, the government would have to make
its holding illegal, as was done in the case of gold. Alan Greenspan,
The Objectivist, 1966
D: The defense rests.
DD: Present final argument please.
P: As mentioned in my opening argument, the forefathers intended
the US to be on an honest hard money system. No where in the
constitution does it state that the currency of the US should
be controlled by a private central bank, for the bank's benefit
and the large government bureaucrats. The defenses own witness
state the intent of fiat money is to confiscate the savings of
the public for their and those who they deal with enrichment.
I move that the gold standard be reinstated, and the humongous
government be scaled back to reasonable levels.
D: The constitution is outdated. It no longer reflects the modern
world in which we live. Fiat money is necessary to prevent market
fluctuations, and to finance the government which provides and
protects us all against the evil producers of goods.
DD: I find the defendants guilty. We should not rewrite the constitution
to reflect modern views as we would not rewrite the Bible. The
forefathers were extremely learned men, who put great thought
into the constitution, for they had just risked their lives fighting
for freedom. It is a travesty that the three branches of the
federal government have worked together in order to ignore these
provisions from the constitutions. The gold standard will be
reinstated, the Federal Reserve disbanded, or the states have
the right to refuse recognition of the government in Washington
DC.
B: Court Adjourned.
September 9, 2004
Doctor Dinero
email:
thedoctordinero@yahoo.com
321gold
Inc
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