March 11, 2008 ... The Money Masters.

With at least 10 more American solders killed in Iraq by a combination of IED and suicide bomb on March 10-11, 2008, a tanking US-Dollar, an estimated $3-trillion--acquired through debt backed by increased taxes and a lien on Americans' lives and property--to be spent by 2017 in Afghanistan and Iraq without any further interventions-cum-conflict resolutions, 2008 Presidential hopeful John McCain and his UK counterparts such as Sir Hilary Synott, foresee at least a 100 year commitment to such actions. History is a great teacher, it is said, but do we really need to be trying to best the previous 100 years war between England and France: 1337-1453. This is 2008, and America was supposedly founded by those who were well sick and tired of such conflicts.

To that end, a constitution was adopted, but has seldom been adhered to since the time of President Monroe, 1823. In more recent times, the League of Nations and the subsequent United Nations were created to thwart such conflicts. It is said that the League of Nations and the United Nations were/are simply fronts for international bankers as a way to create a world government with the bankers pulling the strings behind the scenes. Other interpretations have been put forward, as well, depending on one's viewpoint. However, what can definitely be said, is that no conflict/s of significance can happen without the money to support them.

Thomas Jefferson, amongst others, understood this very well, but their proposal to circumvent the problem by having government as the monopoly issuer of paper money which set the value and quantity of such money in circulation as legal tender was not sound. It simply changed the problem. This is because the bankers relied on government coercion to support any malign intentions they may have had in order to make a profit. And legal tender paper money will only work because government can demand that payment for goods and services is leaglly valid with it.

Money and the banking system are vital for an economy and life beyond simple barter and subsistence agriculture. But for money not to be the motor for conflicts, government must be limited to upholding the law with respect to the quality of money and the soundness of the reserves which are the backing for any paper issued by the banks against 100% reserves. It is in this vital area that government has a legitimate role, yet, like adherence to the constitution, is almost never upheld.

In short: Those who earn money must be The Money Masters. Government gets paid to secure our right to our money, not to create money at will for its own purposes and our present and future expense. And bankers get paid to hold our money--if we so choose--and to enable free trade.

This is how to end the conflicts that 2008 Presidential hopeful John McCain and his UK counterparts such as Sir Hilary Synott deem worthwhile.

Recommended reading:
What has Government done with our Money: Murray N. Rothbard.
Money, Bank Credit, and Economic Cycles: Jesús Huerta de Soto.
Capitalism. A treatise on economics: Prof. George Reisman.