theanonymousamerican.com

For me, the 2008 political campaigning, and the aftermath thereof, was far more disheartening than I ever could have imagined. It seemed that every day the 24-hour news cycle was satiated with empty platitudes, quips and slogans regurgitated time and time again by men and women no more suited to be the Leader of the Free World than the participants on Dancing with the Stars. Their carefully written and overly rehearsed stump speeches promise all manner of things which the Executive has no authority over . . . at least according to Article II of the Constitution. The scripted rallies are complete with fearful anger and misguided disdain on one side, and the kind of rapturous weeping one would expect from a witness of the messiah on the other side. I have to admit that I become physically ill if I am exposed to more than a few seconds of the polarizing, inflammatory, predictable, and ultra repetitive punditry broadcast by the cable news networks. Recently however, when I peruse these events on YouTube I am struck by the awesome realization that Government has become the most insidious religion in the history of mankind.

At first glance it might seem that this religion is relatively new. On the contrary, Government is the religion that began in the Garden of Eden when early man ate the fruit from the "tree of knowledge of good and evil." From that point on it was decided that the laws of nature were not good enough, and that man made laws would be instituted to ensure that the balance between good and evil would tilt toward good. The story of the Garden goes on to tell us that because of our arrogance we were banished from the Garden and made to toil over the earth. I find it fascinating that at least six millennia later, maybe longer, this same misguided belief that the laws of man can override natural law has led our once great nation to the Eve of financial collapse.

The leaders of the false religion of government have a pesky hurdle that must be cleared every few years; they must be elected and reelected. This is not an easy task when your parishioners work just as hard every year but without taking on new debt they can afford less. Even the government’s own numbers suggest that they, and by they I mean the private, for profit corporation we call the Federal Reserve Bank, print so much new money to cover the enormous cost of keeping evil at bay that it devalues the money in their congregations pockets. To overcome this glaring problem these men of the "Beltway Clothe" use a number of techniques including fear tactics, polarization, and most importantly magnificent promises in such direct conflict with natural law that only a true deity could deliver on them. Is there a better example of this than the sub-prime mortgage debacle?

Our beloved First Church of the Immaculate Imperialist decided that when people can afford to buy their home it is "good", and when they cannot afford to buy their home it is "evil." So they promised to make it easier for people buy homes. Their plan to accomplish this miraculous feat began with a mandate for Freddie Mac and Fannie Mae to make a percentage of all of the home loans that they write to so-called sub-prime borrowers. This was not possible with all of the underwriter’s preexisting funds being allocated to borrowers who had good credit and high enough income to afford a mortgage payment. Predictably, the High Priest Alan Greenspan and his Cardinals at the Federal Reserve Bank were more than willing to loan billions upon billions of dollars, which they themselves did not actually have, to our wonderful church on Capitol Hill. Of course the Federal Reserve did not do this out of the goodness of their hearts; they expect the principle and interest to be paid by the sweat of our grandchildren’s brow. Then our faithful leaders directed this river of newly created money over to Freddie Mac, Fannie Mae, and all the level one member banks of the Federal Reserve. The problem was that even when the lenders waived all of their lending standards and requirements they still could not quite meet the quotas required by the Community Reinvestment Act (et al.) in order to continue to recieved the river of easy money from the taxpayer. So they offer huge incentives to mortgage brokers which, naturally led the brokers to hire salesmen to go into lower socio-economic neighborhoods and convince people that they really could afford a home loan. They still could not quite convince enough people to take out loans presumably because the note payment, taxes and mortgage insurance cost more than there current rent obligation. So they engineered and began selling a product which would require the borrower to pay a nominal amount every month for the first few years, and a much higher amount every month thereafter.

The problem that the lending institutions faced was that the loans have to be sold to the dealer banks who must then sell the loans to private investors and foreign governments, and there is really no incentive to buy a loan made to someone with a terrible credit score, little if any credit history, a very low debt to income ratio, and a tiny or nonexistant down payment. So the investment banks package these "sub-prime" loans in highly leveraged securities called Collateralized Debt Obligations (CDO). For a time these ridiculously leveraged securities seemed much more liquid than the obviously bad loans by themselves because they appeared to have a higher return to offset the higher risk of default, but the laws of nature would not let this distortion last forever.

This is where America’s favorite religion’s crusade against "evil" really gets interesting. The unnatural availability of credit in the market meant an equally unnatural influx of home buyers. The science of Economics offers overwhelming evidence that when you have more buyers than sellers in a given market prices tend to rise until the number of buyers and sellers equalize. It did not take long before $40,000 houses were being bought for $500,000. This led to the unnatural boom in new home construction and sales. In a supposed effort to "help" poor people, our dear leaders not only loaned money to people whom naturally could not afford to pay it back, but the very act of lending poor people money to purchase houses drove housing prices to unsustainable levels. It is easy for even the casual observer to see that our government distorted the market value of homes throughout our country when they decided that the natural economic law was wrong.

Naturally, as people started to default on the mortgage payments that they could not naturally afford, the value of the bank’s "asset" portfolios was diminished. Since banks can only lend a certain amount of money based on their assets, they were able to loan less money. Less money being lent means less home buyers. Fewer buyers than sellers lead to falling home prices. So now the people who can’t seem to cover their mortgage payment are not only forced to short-sell in order to avoid foreclosure, but they are forced to sell the house that was artificially priced at $500,000 for the real free market price of $250,000 or less. The bank loaned the $500,000 and only gets $250,000 back, further devaluing their "asset" portfolio, which means they can loan even less money, and so the downward spiral begins.

Most anyone who spends any real time thinking about this will find it difficult to say anything other than the government and the Central Banking Cartel are directly responsible for all of the current financial woes. Yet as soon as we feel any discomfort from the situation, we turn to our faithful religion of government for answers. They point their finger at human greed in a den of inequity called Wall Street, predatory lending practices over on Main Street, deregulation, and an overall lack of government intervention in the marketplace. We then give them even more authority in this "War on Natural Law", and they tell us that the only way to fix the grave problem of having created too much money out of thin air is to create an even larger sum of money in the exact same manner.

As with all natural law, economic laws cannot be legislated. However, it sure sounds good to say that you can override the laws of nature when you are stumping for reelection or giving a State of the Union Address. The truth is that We the People are responsible for all of this. We really want to believe that it is possible for humanity to control the World around us. It makes us feel safe and protected from things we perceive to be evil. So when they tell us that they have authority over nature and that all we need to do is tithe just a little bit more of our incomes over to the government, we capitulate in the childish hope that this time it will finally be true.

I personally feel like I should be depressed and overwhelmed at the current events, but strangely I am not. I feel a wave of optimism washing over me. Our government’s terrible policy of empire, hegemony and distortions of Natural Law has lead us to a place where my fellow Americans cannot help but feel the oppression. It will not be long until we trace the pain back to the source. It is now obvious to me that the revolution has begun. Together we will cast off the chains of the false religion of government and dishonest money. We will return our faith to the laws bestowed upon the Earth by our creator. We will return sovereignty to generations of Americans who have not yet been born. And finally, we will return The United States of America to it’s rightful place as a beacon of liberty and hope to all. I know that liberty lives in the hearts of all men. I am an optimist, and I have no choice but to believe in you.