Money, Morality & the Machine
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Money, Morality & The Machine PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p1.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ Also by Craig R. Smith Rediscovering Gold in the 21st Century: The Complete Guide to the Next Gold Rush Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil (co-authored with Jerome R. Corsi) Also Co-Authored by Craig R. Smith and Lowell Ponte Crashing the Dollar: How to Survive a Global Currency Collapse The Uses of Inflation: Monetary Policy and Governance in the 21st Century Re-Making Money: Ways to Restore America’s Optimistic Golden Age The Inflation Deception: Six Ways Government Tricks Us…And Seven Ways to Stop It! The Great Debasement: The 100-Year Dying of the Dollar and How to Get America’s Money Back The Great Withdrawal: How the Progressives’ 100-Year Debasement of America and the Dollar Ends Don’t Bank On It! The Unsafe World of 21st Century Banking We Have Seen The Future And It Looks Like Baltimore: American Dream vs. Progressive Dream PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p2.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ Money, Morality & The Machine Smith’s Law in an Unethical, Over-Governed Age By Craig R. Smith and Lowell Ponte Foreword by Pat Boone P2 Publishing Phoenix, Arizona PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p3.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ Money, Morality & The Machine Smith’s Law in an Unethical, Over-Governed Age Copyright © 2016 by P2 Publishing All Rights Reserved, including the right to reproduce this book, or parts thereof, in any form except for the inclusion of brief quotations in a review. Printed in the United States of America. For more information contact publisher. Cover art by Dustin D. Brown Editing by Ellen L. Ponte Portions of this book originally appeared in the following projects by Craig R. Smith and Lowell Ponte: We Have Seen the Future and It Looks Like Baltimore: American Dream vs. Progressive Dream; Don’t Bank On It! The Unsafe World of 21st Century Banking; The Great Debasement: The 100-Year Dying of the Dollar and How to Get America’s Money Back; Crashing the Dollar: How to Survive a Global Currency Collapse and The Great Withdrawal: How the Progressives’ 100-Year Debasement of America and the Dollar Ends; as well as in various White Papers and Studies. Copyright © 2010, 2011, 2012, 2013, 2014 by Idea Factory Press. Copyright © 2015, 2016 by P2 Publishing. All Rights Reserved. Library of Congress Data ISBN Number 978-0-9968476-3-6 First Edition — September 2016 P2 Publishing 15018 North Tatum Boulevard Phoenix, Arizona 85032 PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p4.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ Table of Contents Foreword by Pat Boone ................................................................................ vii Introduction by Craig R. Smith ..................................................................... 9 PART ONE – Declarations of Independence Chapter One – Breaking Free .........................................................................15 Chapter Two – The Accidental Empire ..........................................................39 PART TWO – The Machine Chapter Three – Welcome to The Machine ...................................................61 Chapter Four – The Money Changers ............................................................91 PART THREE – “Like a Conquered Province” Chapter Five – The Trap ...............................................................................115 Chapter Six – Totally De-Voted ...................................................................139 PART FOUR – Dawning Empires Chapter Seven – “No Humans Need Apply” ...............................................159 Chapter Eight –Seeds of Tomorrow .............................................................177 PART FIVE – An Empire For Liberty Epilogue – The Golden Triangle ..................................................................191 Footnotes ..................................................................................................... 207 Sources .........................................................................................................217 PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p5.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ Dedication To my wonderful wife and best friend Melissa Smith, who makes me better each day and raised our daughters Holly and Katie to love the Lord with all their hearts. Also to my Pastor Tommy Barnett, who taught me that doing the right thing is always the right thing to do, and to always hold onto the vision. PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p6.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ Foreword by Pat Boone “A false balance is abomination to the Lord: but a just weight is his delight.” – Proverbs 11: 1 [KJV] In ancient times merchants used a scale and weights to measure how much was sold and paid. Cheating often happened, and the Bible has many condemnations of those who use crooked scales and dishonest weights as a way to steal from others. In this book my long-trusted friend and advisor Craig Smith and former Reader’s Digest Roving Editor Lowell Ponte look at what has happened to our values since politicians switched Constitutional dollars backed by precious metal for today’s paper dollars backed by…nothing. A nation’s currency has consequences, they show. Bad, debased money drives good morals out of society, causing a downward money-and-morality spiral that goes on debasing our money and its users. We are paying a terrible price for this not only in our pocketbooks but also in social insecurity, fear, expanding government, and shrinking faith, trust, integrity, work, and freedom. Our dollar, which says “In God We Trust,” is being “weighed in the balances and found wanting.” Craig and Lowell show how each of us can return to honest money, and how this could help restore America’s national defense and future. – PAT BOONE PageMark-BW-Comp Job Name: 31422 Greenway Print M, M and the M ❏ OK to proceed PDF Page: Money Morality and The Machine_v5jk Print.p7.pdf ❏ Make corrections and proceed Process Plan: Tabloid Pdf Proof HI-RES Date: 16-09-23 ❏ Make corrections and show another proof Time: 11:01:17 Signed: ___________________ Date: ______ Operator: ____________________________ President Dwight David Eisenhower Farewell Address January 17, 1961 (Excerpt) [1] “Progress toward…noble goals is persistently threatened by the conflict now engulfing the world. It commands our whole attention, absorbs our very beings. We face a hostile ideology — global in scope, atheistic in character, ruthless in purpose, and insidious in method. Unhappily the danger it poses promises to be of indefinite duration…. A vital element in keeping the peace is our military establishment. Our arms must be mighty, ready for instant action, so that no potential aggressor may be tempted to risk his own destruction. Our military organization today bears little relation to that known by any of my predecessors in peacetime…. We have been compelled to create a permanent armaments industry of vast proportions. Added to this, three and a half million men and women are directly engaged in the defense establishment. We annually spend on military security more than the net income of all United States corporations. This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence — economic, political, even spiritual — is felt in every city, every State house, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society. In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise