Dave Brat dean of the school of business at Liberty University joins Steve Bannon’s War Room to react to the New York Time’s take on de-dollarization and their lack of urgency towards the United States loosing their status with other nations shift away from the dollar. Brat attributes the uncertain state of the dollar to over extension of resources and a lack of economic productivity.
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hayw
good afternoon – some suggestions to get the information to the audience and make it accessible.
if possible – add date and time stamp to videos – and can have them listed for quick reference and access
if possible – add all contact and links spoken about and how to connect/follow speaker (or topics, or movements) in the footnotes.
was watching aug 5th interview with Dave Brat – Dave mentioned you can find him on “Brat Economics” – couldn’t find anything close to that. then he mentioned an article posted a couple of days ago, “Rights tradition, only in the Judeo-Christian tradition”… it was after a great summary of all previous philosophies and where anything short of God given worth, dignity, value, purpose falls short of the truth and what really sets us on the right path. wanted to find this article to read.
thank you for your time and all that you all do!
warm regards, benji
after typing all this – perseverance is key, so i kept trying… finally found it on GETTR – oversight on my part – didn’t catch that significant detail as i was looking for websites: Dave Brat, Dave Brat Economics, Dave Brat on twitter etc… then realized the WarRoom was displaying Dave Brat’s GETTR page as they were speaking about this topic.
found Dave’s post on, “the only moral system left…”
attached below in case you’d like to read or attach it to any footnotes etc…
The ONLY Moral System Left Standing – Comments Welcome I want to hear what everyone thinks about this claim. The Judeo Christian moral philosophy is the only moral system that provides a real explanation/grounding for “Human Dignity” and the “Human Rights” tradition that emerged from this idea. It is the only moral philosophy with a proven history that is still standing. To just claim that Humans deserve and are worthy of Dignity, begs the question, Why? Plato and Aristotle framed the initial questions and they are incredibly valuable to the History of the West but there are few Platonists or Aristotelians to be found. Saint Augustine and Saint Thomas Aquinas still reveal their legacy in the Judeo-Christian tradition.
Immanuel Kant was one of the greatest moral philosophers of modernity, at the end of the enlightenment, and he has very few followers today. Why? Then Hegel came upon the scene and was considered the greatest philosophical theorist of the day. But as Soren Kierkegaard said, if Hegel would’ve claimed that his was just one possible system, he would be considered the most brilliant theorist in history, but because he claimed it was the only system, resulting in the Absolute Mind (God) embedded in the German State, he was a flawed failure. Then we get the Utilitarians with John Stuart Mill, and Jeremy Bentham linking to Adam Smith, who claim that people maximize happiness, but they could never measure happiness, and there are few Utilitarians left today.
The enlightenment totally failed on moral theory, the enlightenment failed on anything that has to do with being human. Great on scientific advance. Terrible on the Humanities. Artificial intelligence should do a little study here The only ethical systems that people follow today are religious systems from Buddhism to Islam to Confucianism to Hinduism to the Judeo-Christian tradition. Any empirical challenge to that claim is welcome here. Please cite the numbers with any claim.
And the only system that claims that we are created in the image of God, and that we are endowed with certain inalienable rights that come from Nature, Nature’s God and our Creator is the Judeo-Christian system. The United Nations and the World Bank, and all of our elitist institutions have pages after pages and thousands of rights that human beings are entitled to, and yet they cannot frame even the basic idea of where these rights actually come from The Judeo Christian tradition is the only story that stands, and the only story that holds true throughout history. All competing claims are welcome but thus far in history no competing theory has a compelling story that can explain reality, and the origin of our dignity and rights under God. Comments Welcome.
Mr Bannon, Is this analysis of the Federal Reserve operation of interest ?
What a person has in their billfold is a FEDERAL RESERVE NOTE. That is written notice you have a claim against the FR system — that used to be identified as “redeemable in lawful money.” The FR Board of Governors, Inc., is alleged to be — a closely held privately owned shareholder corporation. This has never been denied. A private debt was issued.
By legislation relying upon fraud, the Note is now identified as a ‘legal tender’, i.e., guaranteed by government. Can responsibility for the ‘Note’ be shifted by fraud ?
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My graduate professor teaching a course of Money and Banking informed the class that Deficit Spending Treasury securities [DS] were transferred from the U.S. Treasury to the Federal Reserve to begin the creation of Book-Entry credit for government to spend. This private Credit for the government to spend is made by fiat book-entry into a government account.
The research analysis pasted below traces the flow of funds from the FR disposition of the security received. Information from TreasuryDirect [TD] Institutional tabulations reveals that components of the DS securities are added to auctioned securities for redeeming maturing securities in the market. The auctions exceed $15 trillion annually. 31 CFR §§375.3 identifies the FRBNY has exclusive control for the handling of auction funds and any related action they wish to claim. The relevant accounts are client accounts [not operational accounts] and have never been audited. TD historically tabulated the separated DS components as ‘new cash.’ TD responded to email inquiries as to disposition of New Cash by saying they were usd to pay government bills.
The claim was bogus. Such a flow of funds [from market to government] would not result in inflation nor would it add to the National Debt. The funds from DS securities [which have totalled to $32 Trillion over 100 years] had to go to a private entity. The covert shareholders of the FR Board of Governors, Inc., or a closely held corporation of a similar name, is an assumed destination. The funds, as profit, legally belong to the government. The GAO has standing authority to audit any handling of such government money. The Bloomberg v. Fed case, 2nd Circuit CoA, 2010, identifies such records to be subject to FOIA.
Does this analysis have an obvious flaw that has escaped the writer?
Dear Mr. Brat, As an accomplished economist, this analysis of the Federal Reserve operation is submitted for your review.
What a person has in their billfold is a FEDERAL RESERVE NOTE. That is written notice you have a claim against the FR system — that used to be identified as "redeemable in lawful money.” The FR Board of Governors, Inc., is alleged to be — a closely held privately owned shareholder corporation. This has never been denied. A private debt was issued. Private entities for profit are not acceptable government agencies.
By legislation relying upon fraud, the Note is now identified as a ‘legal tender’, i.e., guaranteed by government. Can responsibility for the ‘Note’ be shifted by fraud ?
**********************************************************
My graduate professor teaching a course of Money and Banking informed the class that Deficit Spending Treasury securities [DS] were transferred from the U.S. Treasury to the Federal Reserve to begin the creation of Book-Entry credit for government to spend. This private Credit for the government to spend is made by fiat book-entry into a government account.
The research analysis pasted below traces the flow of funds from the FR disposition of the security received. Information from TreasuryDirect [TD] Institutional tabulations reveals that components of the DS securities are added to auctioned securities for redeeming maturing securities in the market. The auctions exceed $15 trillion annually. 31 CFR §§375.3 identifies the FRBNY has exclusive control for the handling of auction funds and any related action they wish to claim. The relevant accounts are client accounts [not operational accounts] and have never been audited. TD historically tabulated the separated DS components as ‘new cash.’ TD responded to email inquiries as to disposition of New Cash by saying they were usd to pay government bills.
The claim was bogus. Such a flow of funds [from market to government] would not result in inflation nor would it add to the National Debt. The funds from DS securities [which have totaled to $32 Trillion over 100 years] had to go to a private entity. The covert shareholders of the FR Board of Governors, Inc., or a closely held corporation of a similar name, is an assumed destination. The funds, as profit, legally belong to the government. The GAO has standing authority to audit any handling of such government money. The Bloomberg v. Fed case, 2nd Circuit CoA, 2010, identifies such records to be subject to FOIA.
Does this analysis have an obvious flaw that has escaped the writer?
Is it relevant to Benjamin Ginsberg’s compilation of catastrophic historic economic systems in his FATAL EMBRACE: [Ashkenazi] AND THE STATE ?
[It has not been politicians that clamor for war; it is bankers—especially Ukraine.]
Respectfully.