"Wherefore We must interrupt a silence which it would be criminal to prolong, that We may point out...as they really are, men who are badly disguised." Pope St. Pius X, September 8, 1907, Pascendi Dominici Gregis

Friday, February 24, 2017

Capitalism is Neither Materialistic Nor Debasing

The only path to morality, fulfillment and holiness is through capital accumulation.
If one man hires out to another his strength or skill, he does so for the purpose of receiving in return what is necessary for the satisfaction of his needs; he therefore expressly intends to acquire a right full and real, not only to the remuneration, but also to the disposal of such remuneration, just as he pleases. Thus, if he lives sparingly, saves money, and, for greater security, invests his savings in land, the land, in such case, is only his wages under another form; and, consequently, a working man's little estate thus purchased should be as completely at his full disposal as are the wages he receives for his labor. But it is precisely in such power of disposal that ownership obtains, whether the property consist of land or chattels. Socialists, therefore, by endeavoring to transfer the possessions of individuals to the community at large, strike at the interests of every wage-earner, since they would deprive him of the liberty of disposing of his wages, and thereby of all hope and possibility of increasing his resources and of bettering his condition in life. (Rerum Novarum, Pope Leo XIII)
The greatest beneficiaries of capitalism often become the greatest opponents of capitalism. One need not look any further than the designs of the Rockefellers, Rothschilds, and Soros' to create a New World Order, based on a one world fiat currency exclusively under their control and a regulatory superstate whose dictates apply to the mass of people, leaving the cartelized, monopolized, corporatist less-than-one-percent free to take from the poor and give to the rich. There will always remain the temptation for those who achieve great riches to become overly attached to them and their power and to use their wealth to prevent others from rightfully accumulating wealth.

It is the aspiring capitalist's right "to acquire a right full and real, not only to the remuneration, but also to the disposal of such remuneration, just as he pleases" that is most under attack by the enemies of the free market. We are all aspiring capitalists. We must be, for the logical principles of economics are founded upon an essential fact that no man can escape, "man acts."

It is the Federal Reserve that most debases our rights, by depriving us of the "full and real" effects of our money. Because federal reserve notes are the legal tender of the nation, there is no lawful alternative to the Federal Reserve System. Therefore, we cannot avoid using an institution whose very existence entails the legal counterfeit of currency, to the benefit of those that receive the newly printed money - governmental agencies and large backs - and to the detriment of aspiring capitalists everywhere who must accumulate this currency at one time or another, even as the value of this accumulation is steadily counterfeited or 'inflated' away.

The only position consonant with true American capitalism is a return to free banking accompanied by what is historically most likely, a return of gold or silver backed money. For the Catholics also, the only non-fraudulent banking system fully consonant with natural law is the same.

As Ron Paul said, we must end the fed. If Trump represents a true return of Americana, he must end the fed.

Why aren't you as rich as you should be?

End the fed.

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