Money's Fatal Flaw

       When the government deficient spends it creates money to cover the deficient. If that is true, why is the government in debt? Why doesn't the government just create enough money to pay off the debt? The truth is that the government does not create money. All money is created by banks. When the government deficit spends the privately owned Federal Reserve Banking System (Fed) creates the money and loans it to the government. It is simply an electronic accounting entry in the government's checking account. Then the people are taxed to pay interest and principle back to the privately owned Fed who created the money at no expense. Money is also created by local banks through the fractional reserve system when loans are made to individuals. Most of us believe that banks take in savers money at one rate of interest, loan it out at a higher rate of interest, and make a profit off the difference. They do that. However, they also create new money when making loans through the fractional reserve system. All money comes into existence by being loaned into existence, at interest, by banks and must be paid back to the money creator with interest. The money supply must be constantly expanded to repay loans as they come due. As the money supply expands the value of the money falls. If new money creation is slowed, there will not be enough money available to repay loans as they come due. If the money supply is expanded the money looses value and anyone with savings finds that their savings will not buy as much as it did when it was earned. This is the fatal flaw in our money system. As the money supply is expanded debt grows, and requires further expansion of the money supply to repay loans as they come due. It is a vicious circle of continuous inflation with cycles of recession if the money supply is not expanded rapidly enough. The inflation steals the savings of senior citizens, and the ever increasing debt places future generations in debt bondage.  

            What is the solution? If the government created the money directly, and spent it into existence the people could be supplied with a debt free supply of money to carry on commerce. Then with the proper balance of taxation and government money creation the nation could have a money supply that functions as a stable store of value. Local banks could then take in savers money at one rate of interest and loan it out at a higher rate of interest and make a profit off the difference. There would be no need for the Federal Reserve Banks. The international bankers that control the Fed and the economies of the world do not like this solution. It would greatly reduce their wealth, power, and control. They will use every media they control to demonize this solution and tell why it will not work. The system we now use gives too much power to too few people, and concentrates the wealth of the nation in too few hands. It is nothing more than a very sophisticated and devious form of theft.

Charles Fuqua is the author of God's Law - The Only Political Solution. He is available to speak at churches and any other group setting. GodsLawForAmerica.com, CharlesRFuqua@gmail.com, 870-612-3570.

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Christianity in Retreat

           I am tired of seeing the retreat of Christianity. It is sound Christian doctrine that has given us the great freedom and prosperity we enjoy. The United States was founded on sound Christian principles. The foundational principle is that man has a sin nature, and that law and government should be structured to harness man's selfish nature for the good of society. The Ten Commandments are the foundation of a free nation. They limit and direct man's behavior in a positive direction for the benefit of all. The proper role of government is to reward good behavior and punish bad behavior. Our government punishes hard work and productivity, and rewards laziness. The foundation stones of a productive society are the commandments "thou shall not bear false witness" and "thou shall not steal".  When I was criticizing President Obama's redistribution philosophy, a liberal friend once ask me, "Charlie, what would Jesus say"? I told her I knew exactly what Jesus would say. He would say "thou shall not steal"! If government punishes hard work, and rewards laziness, we will all have less. The Democrat philosophy is that we should cut the pie in equal tiny pieces for all to share. The Republican philosophy is that we should bake more pies.

            There is a strange alliance between the liberal left and the Muslim religion. It may be that since both are the enemies of Christianity, that they both believe that, my enemy's enemy is my friend. However there are several similarities between the two. Both are antichrist in that they both deny that Jesus is God in the flesh of man, and the savior of mankind. They both also hold that their cause should take over the entire world through violent, bloody, revolution. Both want to end freedom of speech so that their doctrine cannot be criticized. Neither can survive in a free marketplace of ideas. They both lack an understanding of the true nature of God. That is, that God wants us to freely choose to love, warship, and serve him because we understand that he loved us while we were in the unlovable state of complete rebellion to him. God does not want to force himself on anyone. Love for him must be a free choice. Both Communism and the Muslim religion want to deny man that choice.  

Charles Fuqua is the author of God's Law - The Only Political Solution. He is available to speak at churches and any other group setting. GodsLawForAmerica.com, CharlesRFuqua@gmail.com, 870-612-3570.

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God's Law; The Only Political Solution

by Charlie Fuqua

I'm working on getting my book published God's Law; The Only Political Solution. In the meantime I'd like to share it with The Voice of Batesville readers.

Forward

As I have discussed the contents of this book with others and even shared chapters of the book with others, I have been amazed by how often the response has been something like, "you know, you cannot achieve salvation by keeping the law". I want to make clear that this book does not have a religious purpose. It has a secular purpose. The fact that no one can earn salvation through the keeping of the Ten Commandments does not mean that there is not great value to an individual, and a nation, in the keeping and enforcing of God's Law.

I acknowledge that I am a believer in the Christian faith. Notice that I did not say that I am a knower in the Christian truth. Religious faith is based on belief, not on absolute knowledge. That does not mean that faith is irrational or without evidence. There are many things that we cannot know for certain. However the accumulation of evidence can lead one to a belief in things that cannot be absolutely proved. It is not the intention of this work to offer all the evidence that supports a rational belief in the Christian faith. However the fact that the principles given in the Bible to govern society have been successful, is evidence of the truth of the Christian religion. The fact that the founding fathers of the United States were totally immersed in biblical teachings and principles, and that they employed them in the construction of their governmental and economic system, is evidence that the principles work. In reaching this conclusion I acknowledge that I accept the premise that the united States has been the most successful experiment in all of known history of these principles. I acknowledge the possibility that there may be no god and that the principles stated in the Bible are not divinely inspired. However history demonstrates that the principles work to promote the greatest justice, prosperity, and happiness for the majority of people in society.

The propose of this work is not to suggest that government should force anyone to accept any particular religion, or to accept religion at all. Although it is true that force has been used to require people to accept the Christian religion, the true practice of Christianity requires that people be given the free choice to accept or reject Christianity. To fully appreciate this truth we must understand the nature of God. God is love. Why did God create man and give him a free will? He did so because he wants man to love him by choice. Since a man is more powerful than a woman a man could force a woman to love him. At least he could force her to act like she loves him. If she refused to act like she loved him he could beat her into submission. Think of what a perverted relationship this would be. Could anyone in his right mind derive happiness from such a relationship? God is in his right mind, and he desires that we love him. He does not want us to love him for fear of punishment. He wants us to love him because we understand that he loves us. Keeping the law does not bring salvation. Law keeping is a means we can use to demonstrate our love of God, because keeping God's law always results in showing love for others, and God wants us to love each other. The Bible says that the beginning of wisdom is the fear of God. That is true, because God has the power to do whatever he chooses to us. However the completion of wisdom is to love God in response to the love he has shown us.

Religions, other than Christianity, teach that the way to please God, or to gain god's forgiveness for our wrongs, is to sacrifice to him or, for him. Many religions have taught that you can please god by sacrificing the lives of our animals, children, neighbors, or enemies. Christianity teaches that you please God by showing love to others, including your enemies. God showed us the ultimate act of love and sacrifice by taking on human form, as Jesus Christ, and ding as a sacrifice for our sins. The central doctrine of the Christian religion is that every member of the human race is born with a sin nature. We are all born self centered, selfish, demanding, and believing that everyone around use has the obligation of satisfying our every desire. The reason this is the central doctrine of the Christian religion is that if we do not have a sin nature, then there is good in us that can redeem us from our sinful actions. If this is the case, then the death of Jesus on the cross was unnecessary. Political conservatives accept this central premise of the Christian faith and liberals reject it. In fact the difference between a conservative and a liberal is that a conservative is inherently wicked and totally depraved, and knows it. A liberal on the other hand is inherently wicked and totally depraved, but does not know it. People who do not believe that all people have this sin nature accept the premise that man is basically good. That is why liberals believe that government is the solution for everything. They believe that since man is basically good, that mankind working together, i.e. government can solve every problem. Any person who rejects this central premise of the Christian faith is not a Christian. Those who accept the doctrine of the sin nature of man fear the power of government because they know that men working together through the power of government, can, and have, done more harm than any other human institution. The central doctrine of the Christian faith is that since each one of us has this sin nature, none of us is capable of pleasing God by our behavior. However if we accept God's greatest act of love, his death for us on the cross, God accepts us. If we accept God's love for us by acknowledging that we do not deserve his love, our gratitude for what he has done for us will be seen in the way we treat others.

Liberals believe that it is the purpose of government to protect us from our own bad choices. Conservatives believe in freedom of choice, but believe that if we make poor choices that natural consequences will help correct us and prevent us from making more bad choices. It is natural that working hard brings prosperity and being lazy brings poverty. Government cannot change this. Freedom is the ability to do whatever we choose, as long as we choose to act responsibly. If government gives all of us security in our social status (social security) it takes away our ability to excel or fail. As more of us get economic security from our government, rather than our productivity, we become more insecure as a society. This is because more and more of us loose the motivation to work to avoid poverty.

The reason that a free competitive market works better then a government controlled market is that a free market system is based on the basic premise that man is greedy and always wants more. As long as no one is granted a monopoly by government, a free competitive market always provides more of what the people need then does a government controlled market. This is because filling a need produces a profit. The greatest disruption of the free market is caused by labor unions. Men, because of their sinful greedy nature, ban together and remove the ability of employer and employee to freely bargain and reward productivity. When human labor is not a commodity freely traded just like every other commodity, endless inequities result. Mandatory union membership is incompatible with freedom, and will result in the destruction of any nation that tolerates it.

Well intentioned government action that limits the free market often harms the very people it was intended to help. Just to give an example of this, I served on a board of a nonprofit organization that helped people with saver mental disabilities. Generous people in the community would offer jobs at low wages to some of our clients. These jobs gave them a little spending money and a tremendous sense of pride and accomplishment. Then the Americans With Disabilities Act was passed. Never again would any of our clients get a job. Now the employers know that if they hire a person with a sever disability, they will be stuck with a liability that they cannot afford. The greatest harm was done to the very people government was trying to help. The free market provided greater opportunity then a government mandate.

Another example of how government involvement has disastrous effects on a free market is Fanny May and Freddy Mack. These government lending institutions made money available to people that otherwise could not afford to buy a home. This artificially inflated the prices of homes nationwide, which actually made homes harder to afford. Then when the borrowers could not repay the money borrowed the entire home market came crashing down and brought the entire stock market and economy with it. this would never have happened if the free market was allowed to function.

Perhaps the most damaging of all government involvement in the economy is the graduated income tax. Take from the rich and give to the poor. This destroys the motivation and productivity of both groups. When the government takes form one group and gives to another, government becomes and instrument of theft. For several years I have served as an attorney in child maltreatment and neglect cases. In almost every case no one in the household works. The household usually has income in excess of that of many working families, in the form of free food, housing, healthcare, and government checks, but they have nothing to show for it. The reason is that most of what they get goes to buy illegal drugs. The result is that the government programs designed to help families with children actually harm the children because the parents are provided with a means to buy illegal drugs, and under the influence of those drugs they abuse and neglect the children more than if they were sober. The government welfare programs also destroy the parents because it takes away their pride as productive members of society, and robs them of the satisfaction of providing for their families. Robed of this they can only turn to drugs to escape reality.

Government programs that take away from those who are productive and give to those who are not productive do not result in economic growth. Allowing those who are productive to keep what they have earned, not only promotes honesty, it also leads to economic growth. When government steals by taking form the producer and giving to the non-producer, it plants in the non-producer the notion that he is entitled to the property of the more productive members of society and therefore plants the seeds of theft at all levels as a legitimate means of getting what is desired. The central purpose of this book is to show that the honesty in the laws of the Bible will bring the greatest prosperity to any nation that follows them.