Don’t forget to pray before voting
by Nelson Price
November 04, 2012 12:37 AM | 1168 views | 3 3 comments | 6 6 recommendations | email to a friend | print
The men who came to be known as “The Jekyll Island Club” represented one-sixth of the world’s wealth. Meeting at one of the most prestigious sites in America at the time, they plotted the establishment of a central bank which they would control. The strategy of the elitist financiers involved the future of money and credit in America. Efforts to prevent the concept of a central national bank were begun by Thomas Jefferson and later championed by Andrew Jackson.

Those gathered on Jekyll were officially known as the National Monetary Commission (NMC).

Banks at the time were looked upon with suspicion. The NMC purposed to avoid the stigma of a bank by using the title “Federal Reserve System.” Their recommendation removed from Congress control given Congress by Article 1, Sec. 8 Par. 5 of the Constitution which states, “the power to coin money and regulate the value thereof.” The action of the NMC would eventually mean their seven member board which would control the nation’s money and credit were to be appointed by the President and approved by Congress.

President Woodrow Wilson and the Congress elected in 1912, got the central bank legislation passed. This action ultimate resulted in the Federal Reserve being established.

Since that time one of the sidebar effects is the Federal Reserve acts to make the president look good. That is not a new thing.

Recently the Federal Reserve, which is an independent bank, announced it will purchase $40 million in U.S. Treasury Bonds a month to stimulate the economy. Where does it get the money? The board exercise the authority given it as an eventual outgrowth of the action of “Jekyll Island Club.” They print it. They have the power to issue money and regulate the value thereof. This is power formerly granted only to Congress.

Boosting the economy sounds good, but what actually does it do?

It devalues the dollar by creating more dollars. That sounds abstract, but what it means is it devalues your savings account, your IRA, the value of your home, any other assets, and the purchasing power of the dollar.

Four years after the signing of our Constitution, a federal law was passed making it a capital crime to do anything to devalue the dollar. That law is no longer in force, but the fact it existed indicates how serious the Congress of that day thought it was to devalue the dollar.

Thomas Jefferson in 1791 warned: “If the American people ever allow the banks to control issuance of their currency, first by inflation and then by deflation, the banks and corporations that grow up around them will deprive the people of all property until their children will wake up homeless on the continent their father occupied.”

The term “banks” is used in this sense not of your local bank, but the central bank now known as “The Federal Reserve Bank.”

The Federal Reserve is more complicated than space will allow for explaining. However, it is considered an independent bank because its decisions do not have to be ratified by the executive or legislative bodies of government.

Members are appointed by the president and traditionally their actions tend to make the president look good. Isn’t it interesting that just before this election they proposed to take action to stimulate the economy. It hasn’t.

Pray before voting. You are not just selecting a president, you are determining the future of the republic.

The Rev. Dr. Nelson Price is pastor emeritus of Roswell Street Baptist Church.
Comments-icon Post a Comment
November 07, 2012
Hey thanks so much for the great piece of advice Dr Price....I did just like you suggested....I prayed real dang hard before voting (and prayed that Obama would win) and by golly President Obama was in fact re-elected !

It's kind of strange that many of my more religious friends and neighbors claimed to have prayed before the election....but in their cases, they prayed that Mitt Romney would win -- and thus I guess we can say that their prayers weren't answered...or were they.

Is it possible, perhaps, that God heard my prayers and deemed me more worthy thereby answering my prayers....or maybe, just maybe, God is on the side of Barack Obama and thusly we have the fantastic, divinely-inspired victory that we have. 4 glorious more years of a great man doing great things for the US of A.

Again, thanks so much for the advice and keep it up !!!
Mr Simpleton
November 04, 2012
"Dr" Price...I had always considered your greatest weakness your understanding of basic science & its methods based on rational analysis and rigorous interrogation of data to support or refute hypotheses....but alas, I see by comparison that your grasp of macroeconomics and the lessons of our not too distant past is amazingly weaker, by biblical proportions.

Nevertheless, to counter-balance your faithed based approach to voting (an approach by the way which I surmise has caused many in recent years to vote for the indisputably disastrous GW Bush administration....this approach also puts you in the same line of thinking as the supporters of the Muslim Brotherhood in Egypt before their recent historical elections...many of their supporters doubtless "prayed" before voting, no?)....anyway, I would counsel to all my fellow citizens to "THINK, ANALYZE, & CONSIDER WITH GREAT INTELLECTUAL CARE" before voting -- if all did this, doubtless we will end up in a much better place.
Kevin Foley
November 04, 2012
You can do better than going back 200 years to making a monatery policy argument, Rev.

Good Christian man Mike Huckabee has an ad out running telling voters: "Will your vote stand the test of fire?" as in, vote for Obama and you go to hell.

Talk about desperate.
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, and spam will also be rejected. Please read our terms of service for full guides