Donald Hank
Freedom or destruction, your choice
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By Donald Hank
March 4, 2011

Let's face it: The Big Government-Big Banking dictatorship that rules most of the Western world can succeed in destroying our jobs, our credit and our currency only because of one overriding factor:

    shame.

We the People, while willing for the most part to fight for our rights, are a little less anxious to risk our self-esteem going up against the biggest crooks in the nation — in the Fed and government agencies that manipulate the markets — because to do so would require more knowledge about finance and economics than most of us have and they can bully us with weasel words that sound sophisticated and are designed to make us feel like stupid peasants. Thus out of embarrassment, we defer to them and let our shame pave the way to an increasingly imminent serfdom. (See the book "The Road to Serfdom" by Friedrich Hayek).

Try as we might, we don't always understand the intricacies of finance, a world that got infinitely more complex — and corrupt — in the last 20 years thanks to the shenanigans of bankers and their cohorts in government. Terms like subprime, quantitative easing, bundled securities, securitization, are all designed to cover what we would — if we fully understood the scheme and its intent — instantly recognize as criminal behavior on a par with Bernie Madoff's scheme, which is erroneously called the biggest swindle ever. In fact, Bernie's caper is small potatoes next to what the banker-politician cabal has done to the world economy, and they are still running free while Bernie serves as their scapegoat. (No, I am not excusing Bernie here).

I include myself among those who need remedial lessons in finance.

For instance, I often forward articles from FedUpUSA that contain portions that are over my head.

But here's the thing to remember: The future of our children is worth more than our own self esteem. We can't use our own ignorance of an obscure and convoluted system as an excuse not to fight evil. And we can place our trust in financial experts who are brave enough to stake their fortunes on telling the truth. And here's the litmus test: anyone telling the truth is not going to defend the bailouts and TARP.

There has never been any system more evil than that of the Ruling Class that stole our jobs, bankrupted our banks, stole (yes, stole!) our money (the Bush-Obama bailouts, TARP, neither of which is remotely constitutional) and is now busy devaluing our currency worldwide (QE1, QE2 — euphemisms for printing unbacked currency) and impoverishing and hence destroying the middle class — you and me, thanks to a corrupt GOP-Democrat-Banker alliance.

Each one of us owes it to ourselves and our kids and grandkids to make a sincere effort not only to understand the system that is enslaving us but also to seek out financial experts who can guide us (such as the experts of the Mises Institute, see link below). As soon as enough Americans learn to plumb the depths of this profound evil, the spell will be broken and we the people can take charge of our own economy and our own lives again.

Ye shall know the truth and the truth shall make you free.

Or conversely:

My people are destroyed for lack of knowledge (Hosea 4:6).

We have two choices: Freedom or destruction. It is up to each and every one of us. The beauty of ancient wisdom is that it applies on both the material and the spiritual level.

May God give you wisdom and understanding as you read this important article:

http://mises.org/daily/5060/Fannie-and-Freddie-Reform-Too-Little-Too-Late

© Donald Hank

 

The views expressed by RenewAmerica columnists are their own and do not necessarily reflect the position of RenewAmerica or its affiliates.
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Donald Hank

Until July of 2009, Don Hank was operating a technical translation agency out of his home in Wrightsville, PA. He is now retired and residing in Panama with his wife and daughter.

A former language teacher, he holds an undergraduate degree in French and German from Millersville State University (PA), a Master's degree in Russian language and literature from Kutztown State College (also in PA), has studied Chinese for 3 years in Taiwan at the Mandarin Training Center, and is self-taught in other languages, having logged a total of 8 years abroad in total immersion situations.

He is also the founder of Lancaster-York Non-Custodial Parents, a volunteer organization that provides Christian counseling for non-custodial parents.

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