Bailout carries
a very high cost
Thomas Jefferson said that if we ever allowed private banks to control the issuance of money, we would one day wake up homeless on this continent. One of President Andrew Jackson’s greatest battles was with bankers whom he called “a den of vipers.” In 1913, Congress allowed a cartel of private banks known as the “Federal Reserve” to do what Jefferson and Jackson had warned against. The book “Creature from Jekyll Island” gives the history of the monster’s creation. It only took them 16 years to produce the Great Depression in 1929. Every fiat money system in history has failed because governments find the printing of debt-based paper money more addictive than crack cocaine.
Those who say our money is backed by the full faith and credit of the U.S. government need to look in the mirror and try to figure out how you are going to pay for this mess. We now have a semicapitalist financial system that rewards those who gamble with our money as winners of boats, cars, houses and large salaries, while losers use socialist principles to transfer their losses onto the backs of the American taxpayer.
Those who say a government bailout was necessary should be warned that you would pay for this out of your own pocket through the destruction of dollar assets via inflation. The value of the money in your bank and retirement accounts evaporates when the Treasury, in collusion with the Federal Reserve, creates more debt through unbacked loans and expansion of currency supplies. Our current fractional reserve banking system is the greatest pyramid scheme in history. Unfortunately, there is no outcry from American taxpayers because they don’t seem to understand basic economics.
The borrower will be slave to the lender.
ó J.C. Johnson
China Grove
EC changes hurtWhen I heard that Exceptional Children Director Crystal Vail and the school board had cut the Saving Grace Farm/JoyRide program from the EC Program, I tried to call her. After several weeks of trying to reach Ms.Vail, I called officials in Raleigh. After I spoke to Raleigh, I was able to reach Ms.Vail. Ms.Vail made it clear that I could do nothing about the cuts. I called School Board member Jim Emerson. I was pretty much told the same thing ó that I had no voice even though I’m a taxpayer, teacher, voter and, most importantly, a parent!
Having been involved with EC children for many years, I can say that teachers need to be able to use creative ways to teach. That is what made the JoyRide program so great. It’s adaptable for any group’s or individual’s needs. For students with physical impairments, it gave them the chance to experience the freedom to move. When you place a child on a horse, the horse’s movements are similar to walking. Can you imagine what that would be like if you spent your life in a wheel chair! JoyRide is designed to build upper body strength, communication skills, daily living skills and fine motor control, just a few of the benefits.
The people who run JoyRide make sure every child’s needs are met. They have goals and benchmarks for students to reach. What the children learn through JoyRide can’t be taught in a classroom. Saving Grace is accredited through North American Riding for the Handicapped Association, one of the highest accreditations you can receive. But Ms.Vail and the School Board could find no value in the program? Was that because they couldn’t place a test score on it?
I do have a voice,
ó Stacey Evans
Salisbury