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FEATURE ARTICLE |
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The Government as Identity Thieves
Powell Gammill Date: 05-17-2010 Subject: Privacy Rights This
free flow of fiat money from around the globe to Greece will not really
save Greece as much as it will grant a temporary reprieve to central
bankers from the consequences of their mistakes. Sadly, this will come at the expense of the Greek people and taxpayers in Europe and America. Taxpayers are of no consequence to either European or American central bankers. Even
the mere desire for complete information on what they are up to in our
name is rebuffed, as we saw last week in the Senate with the failure of
Senator Vitter’s amendment containing my language to fully audit the
fed. The hubris of powerful and secretive central bankers seems to know no bounds.
If someone incurred debts against you as an individual, without your knowledge or consent, you would call it identity theft. You
would call your bank for a full accounting of the debts incurred in
your name, and after some verification, those debts would be declared
invalid and you would not be held responsible for them. Furthermore, if the culprit was found, they would be prosecuted and sent to jail.
Not so with governments and central banks. Governments that are supposed to be of the people and for the people routinely incur debts against the people. Some
governments even borrow money to oppress their citizens, and then
expect them to pay for their own oppression with interest. With a fiat monetary system, the sky is the limit for how much debt a government can place on the backs of the people. We
have reached the point in the United States where the debt our
government has accumulated against us is mathematically impossible to
pay off. Harder times, likely due to a wave of
hyperinflation, will eventually find its way to our streets and I am
fearful of how Americans will react. My hope is
that we will come together peacefully and help each other, and that
enough of us will be aware that the blame rests securely on the
shoulders of the Federal Reserve and the special interests. They should not be looked to for salvation. They should not be given more power. Rather, they should be stripped of the powers that allowed them to create this mess in the first place.
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