Archive for the ‘2nd Amendment’ Category

Edward Steves and his Million Dollar Gold Arbitrage

June 23, 2011

(FoundingFather1776 Notes:  We live in historic times.  The story below is a PERFECT illustration of how real money (i.e. gold & silver) can protect your wealth in turbulent times of great change.  Please read it carefully and absorb the lesson.  I feel strongly that America is on the precipice of dramatic change, and it is not for the better.  If you have money in the stock market or bonds, GET-OUT NOW!  Withdraw the money from your 401k (while you still can), pay the tax penalties and buy storable food, commodity items, and precious metals.  That is the only way to weather the coming storm and hopefully emerge with some wealth intact.  And don’t forget Boys and Girls, precious metals are not just silver and gold.  “Brass & Lead” are precious metals too….if you catch my meaning.

 The type of changes we as a nation will witness in the next five to ten years will be much greater than the changes that occurred during the Civil War.  America is turning into something wholly unrecognizable to the ideals of our Founding Fathers.  If a functional economy ever emerges from the other side of this mess, do you want to be like your neighbors?  Desperate and bankrupt from following the conventional wisdom?  Or do you want to be like Edward Steves, who was smart enough to see where things were headed and who planned accordingly, creating a vast fortune for himself and his heirs.  The choice is yours. FoundingFather1776)

Article by Jason Kaspar

During the Civil War, an independent thinker from San Antonio named Edward Steves made a savvy business move that would forever change his fortune and that of his family for generations. He made a bet against a dying currency in favor of the only currency that has never failed.

In Texas, truth and myth are often blurred as stories of what the human spirit accomplishes are stretched into tall tales for open camp fires and star filled nights. Perhaps the story of Mr. Steves borders on exaggeration. Perhaps not. In either case, the moral offers a profound lesson in wealth preservation and accumulation.

Steves immigrated to the United States in 1849 from Barmen, Elberfeld, Germany. He ventured into the Texas hill country as a farmer with mediocre success as he battled unpredictable weather, threat of local Indians, and rocky soil.  He scraped every penny, and in early 1861, with an entrepreneurial spirit as big as Texas, he spent his entire savings on a newly invented machine – the first mechanical combine to make it to the South Central Texas region. As fate would have it, this machine arrived on the last ship to make it into Galveston, Texas before the Union blockaded the port in July 1861.  After his mechanical contraption arrived in San Antonio, Steves had a monopoly over the local farmers surrounding the area.

The farmers wanted to pay Steves for the use of his mechanical combine in the local currency, Confederate dollars. He refused. He negotiated to take his payment in kind – a percentage of what his combine would process. Steves then bundled up his portion and regularly set off for Mexico, where he would sell it for gold and silver. This occurred for several years until finally the Civil War ended. The Confederacy collapsed along with the monetary system.  Confederate dollars and Confederate bonds became worthless, sending many individuals into financial ruin.

The end of the Gavelston blockade marked the death of his monopoly, but by that time he had amassed a fortune in gold and silver.  With this fortune, he bought Union dollars and effectively bought back into a working economic system.  In 1866 he launched a lumber company that by 1916 had become the largest millwork operation in the Southwest.  It exists today as Steves & Sons, offering more than 300,000 variations of doors throughout the United States.

In today’s world, most individuals, including investment professionals, have very little understanding of the history and purpose of precious metals as a monetary asset.  Monetary systems have come and gone for thousands of years, but our lives are so cloistered that the probability of living through two entirely different monetary systems seems highly unlikely. As the Steves story illustrates, even in the United States monetary systems collapse and evolve.

The impetuous drive towards globalism and a “world currency” may impact our monetary system more than even the national debt. Initially, the evolution of a system brings chaos.  People cling to staples … land, guns, and food production. As a new system emerges, individuals who have precious metals maintain the capacity to buy back into the new system – buying a home, starting new businesses, regaining the quality of life of the previous system.  After 5,000 years, this continues to remain the ultimate benefit of precious metals. The irony is that a true global currency has always existed in the form of gold and silver.

Unless an investor trades precious metals effectively, which very few can do over a long period of time, precious metals do not generate wealth in a functioning economic system. Gold is a store of wealth not a generator of wealth.  It is much better to own thriving companies that produce a superior return over their cost of capital.  Owning businesses that generate a superior return on invested capital is the way to move up the social status in a functioning capitalist system.  Unfortunately, American capitalism has been compromised and is now sputtering.

Ten years ago I would have argued that the probability of an American monetary collapse over the following decade was zero. The next ten years present far less certainty.  One may disagree whether the probability of a collapse over the next ten years is 2%, 25%, or 60%. But the probability is no longer zero. The criticality of gold and silver as an asset class has reemerged.  The Edward Steves story is an illustrative parable of how to build and preserve wealth when economic systems are in flux.

 

Hitler Responds to the Tucson Shooting

January 25, 2011

Alex Jones: A Warning to the Enemies of the First & Second Amendments

January 12, 2011

FoundingFather1776 Notes:

Alex Jones is fired up…and we should be too!  We need to say NO to tyranny, and NO to more laws taking away our rights… all because of some lunatic that went on a killing spree. 

NO to Gun Control! No to Banker Bail-outs! No to Internet ID! No To the patriot act! No to TSA Naked body scanners and gropings! No to Tyranny!

No!

No!

No!

I Like Guns…..But Not Stupid Aussies for Gun Control!

January 29, 2010

Dear Readers,

I first posted a video by Australian Steve Lee  entitled “I Like Guns” because I though it was a fun video that showed guns could be “fun” and that it is “OK” to like guns.

However, regular reader “Clark” brought to my attention that Mr. Lee has praised the draconian Australian gun laws, and thinks they have “done a good job” of preventing the “wrong people” from getting guns.  Also, Mr. Lee seems to like guns only as toys, or as something pretty with their “polished wood.”  He has expressed absolutely ZERO interest in their real value – as tools for defense and in fighting tyranny!

Regular readers should know by now that FoundingFather1776 researches EVERYTHING.  I want to know the truth.  Well Clark was right.  Here is a direct link to the video and the interview where Mr. Lee reveals his statist views that are in perfect compliance with the official tyranny Australians are forced to live under:

http://video.msn.com/video.aspx?mkt=en-AU&brand=ninemsn&vid=b5fac818-b464-4151-9e21-51731c434f38

In the interest of fairness, I thought this would be a good opportunity to point out that not all Australians are boot-licking tyranny lovers.

In fact, most Americans are completely ignorant of the fact that there was a REAL “Crocodile Dundee” that the Hollywood movies were loosely based on.

When Australia decided to go the way of tyranny and force her law-abiding people to turn in their firearms,  Mr. Rodney William Ansell (aka the real “Crocodile Dundee”) refused to comply with the tyranny.   Australian police attempted to disarm him by force.  A shoot-out occurred, and Mr. Ansell was killed along with an Australian policeman.

Here is his story, written by Vin Suprynowicz and originally published Sept. 19, 2006:

Rodney William Ansell a.k.a "Crocodile Dundee"

A few days ago, the Review-Journal – along with a lot of other metropolitan dailies – gave prominent coverage to the death of Steve Irwin, the popular Australian zookeeper who charmed international audiences with his enthusiastic animal-chasing on the Discovery Network’s Animal Planet channel.

Irwin, widely known as “the Crocodile Hunter,” was killed Monday by a stingray that rose and stabbed him in the chest with its spine while the 44-year-old was at work filming a television segment, swimming at Australia’s Great Barrier Reef.

Irwin’s enthusiasm was infectious. His manner of death was certainly noteworthy. All doubtless sympathize with his wife and two young children.

Still, Irwin died doing what he loved. And without diminishing his memory or his family’s loss, perhaps we can draw a distinction between a death that is merely unfortunate and fascinating and one that is significant.

It could be an interesting exercise to compare the prominent coverage of Irwin’s death with the slim few paragraphs (at most) devoted by the America news media on or about Aug. 4, 1999, to the death of 44-year-old Rodney William Ansell. The 1988 Australian Northern Territory Man of the Year – so honored in part because he was widely acknowledged to be the real-life character on whom Paul Hogan, Ken Shadie, and John Cornell based their movie character “Crocodile Dundee” – was killed in a shootout with police.

Yes, the circumstances surrounding Ansell’s death took a little more time to put together. The question is: Did anyone in the press ever bother, and if not, why not?

Ansell was just 21 when he became lost for two months in the bush west of Darwin. He’d been on a fishing trip near the mouth of the Victoria River, accompanied only by his two cattle dogs, when his boat was capsized and sunk, possibly by a whale. He managed to board his tender vessel, a small dinghy with only one oar, and retrieve his dogs and a small amount of equipment including his rifle, knives and bedding – but no fresh water.

Alone, far from any shipping lanes, Ansell traveled up the Fitzmaurice River over the next 72 hours, becoming severely dehydrated before finally finding fresh water above the tide line. He then managed to survive for two months by hunting and shooting cattle for food, before being rescued by a small party of drovers. (Presumably it wasn’t their cattle he’d been shooting, or our tale might be much shorter.)

Ansell, blond and bearing an uncanny resemblance to actor Paul Hogan, wrote a book and starred in a documentary about his exploits, both called “To Fight the Wild.” The story sparked the interest of actor Hogan and his co-writers, who scored a major hit with their 1986 film “Crocodile Dundee.”

Seven years ago, Ansell was killed in a shootout with police just south of Darwin. An Australian police sergeant also died. Why?

In a June 2000 essay, physician, author, and Cuban émigré Dr. Miguel Faria asks what was going on in Australia in the late 1990s that could help explain the timing of this famous Australian survivalist shooting it out with authorities:

“Although Ansell was no angel and had had previous run-ins with police, he had been named 1988 Australian Northern Territory Man of the Year for inspiring the movie and putting ‘the Australian Outback on the map,'” Dr. Faria notes.

“What motivated this shooting? In 1996, Australia adopted Draconian gun control laws banning certain guns (60 percent of all firearms), requiring registration of all firearms and licensing of all gun owners. ‘Crocodile Dundee’ believed the police were coming to confiscate his unregistered firearms.

“In Australia today, police can enter your house and search for guns, copy the hard drive of your computer, seize records, and do it all without a search warrant,” Dr. Faria reports. “It’s the law that police can go door to door searching for weapons that have not been surrendered in their much publicized gun buy-back program. They have been using previous registration and firearm license lists to check for lapses and confiscate non-surrendered firearms.”

It all began with the Port Arthur (a Tasmanian resort) tragedy on April 28, 1996, Dr. Faria recalls, “when a crazed assailant opened fire and shot 35 people. Australians were shocked, and the government reacted quickly.

“Draconian gun legislation was passed in the heat of the moment. … As a result of stringent gun laws (really a ban on firearms) in Australia, all semiautomatic firearms (rifles and handguns) are proscribed, including .22-caliber rabbit guns and duck-hunting Remington shotguns. …

“At a cost of $500 million, out of an estimated 7 million firearms (of which 2.8 million were prohibited), only 640,000 guns were surrendered to police. What has been the result? Same as in England. … Crime Down Under has escalated.

“Twelve months after the law was implemented in 1997, there had been a 44 percent increase in armed robberies, an 8.6 percent increase in aggravated assaults, and a 3.2 percent increase in homicides,” reports Dr. Faria, a retired Georgia neurosurgeon who wrote “Medical Warrior” and “Cuba in Revolution: Escape From a Lost Paradise,” and served until recently as editor-in-chief of “The Medical Sentinel,” the journal of the Association of American Physicians and Surgeons.

“That same year in the state of Victoria, there was a 300 percent increase in homicides committed with firearms. The following year, robberies increased almost 60 percent in South Australia. …

“Two years after the ban, there have been further increases in crime: armed robberies by 73 percent; unarmed robberies by 28 percent; kidnappings by 38 percent … according to the Australian Bureau of Statistics.

“And consider the fact that over the previous 25-year period, Australia had shown a steady decrease both in homicide with firearms and armed robbery – until the ban. …

“The ban on firearms and the disarmament of ordinary Australians has left criminals free to roam the countryside as they please.

“Bandits, of course, kept their guns. … Yet the leftist Australian government has responded by passing more laws; in 1998 Bowie knives and other knives and items including handcuffs were banned.

“Licensing is difficult. Self and family protection is not considered a valid reason to own a firearm. The right to self-defense, like in Great Britain and Canada, is not recognized in Australia. … A way of life has ended. Please, don’t tell me it cannot happen here!”

Did the real-life Crocodile Dundee die because his own government left him with no choice but to “use his guns” – guns which had saved his life – “or lose them”?

If so, why did we hear so little about it? Because many in the press are loath to report the “bad outcomes” of victim disarmament? It certainly doesn’t seem to be because Americans don’t care about the fate of famous, good-looking Australian crocodile hunters.

September 19, 2006

New Documentary Reveals Truth about Financial Crisis!

October 24, 2009

Dear Readers,

This is a *must-see* documentary!  Here is the link for the full-uncut version.

Trust me, you will NOT see this on TV.  You will NOT see this in movie theaters.

The main-stream-media and the puppets in Washington hope that you will never see it.  But the “information war” between the people and the establishment is being fought with new weapons and technology.  Here is your chance to “peek-behind-the-curtain” and see what is really going on.

I hope you will watch this and share your thoughts…

Regards,

FoundingFather1776


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