Britannia Radio

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America's Financial Reckoning Day Charles H. Coppes T he history and founding of America is almost a fairy tale of providence and good fortune.  As Senate Chaplain Dr. Peter Marshall has recounted in his classic book,The Light and the Glory, no other nation has been blessed with such an abundance of material wealth and rich spiritual heritage as the United States of America.  In 1787, our Founding Fathers established a near-perfect system of representative government and sound monetary policy as outlined in the U.S. Constitution.         Yet, as our nation enters the 21st Century there is a great foreboding that our highly leveraged financial infrastructure is facing unprecedented challenges in addition to serious geopolitical developments that could threaten our very existence as an independent and sovereign nation.  How has this happened to the most powerful nation on earth, and what will be the likely outcome of these events?  To answer these questions it is necessary to thoroughly examine the monetary history of the U.S. up to the present hour and also give some serious consideration to ancient prophecies that are contained in the Holy Bible.        In 1913, a small group of Wall Street bankers conspired to create the ultimate money trust, or banking cartel, now known as the Federal Reserve System .  The creation of our nation’s central bank has been responsible for boom and bust cycles which have wrongly been blamed on outside forces, commerce, capital investments, the free market and even elected officials.  The creation, structure, and operation of the Fed is a sad legacy of hidden taxation and market manipulation which needs to be clearly understood. This is a distinctly non-partisan issue.  It is a topic of extreme importance since each and every American is trusting in the value of their domestic currency and working hard to invest and save for their financial futures.  It is why we get up and go to work every day. It is, as Austrian economist and social philosopher Ludwig von Mises (1881-1973) has stated in his magnum opus Human Action, our individual responsibility to understand the basic teachings of economics:   Very few men are capable of contributing any consequential idea to the body of economic thought.  But all reasonable men are called upon to familiarize themselves with the teachings of economics.  This is, in our age, the primary civic duty.  Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists.  Economics deals with society’s fundamental problems; it concerns everyone and belongs to all.  It is the main and proper study of every citizen (www.mises.org ). Indeed it is.  And I want to thank you for visiting my Web site to learn more about these vital issues and our nation's future.  You are invited to learn more about me, my most recent book, important news items that are posted each week on this Web site, and how to purchase an autographed copy of my book that will include special reports and information.  You are also encouraged to visit my business Web site at IDP Consulting Group for financial diversification and assistance in acquiring precious metals.  Thanks again and please tell a friend!