The Dow Jones market lost $30 billion in the crash of 1929. Thirty billion dollars in 1929 would be the equivalent of $377 trillion today. The Dow Jones peaked on September 3, 1929 at 381 and bottomed out at 42.
During the Great Depression a gallon of East Texas gas in Dallas cost 11 cents. We bought a bushel of tomatoes at the Dallas City Market for 50 cents and canned them. For many, the soup kitchen was their only source of food.
The cause of the Great Depression is widely debated but typically the cause included a weak banking system, overproduction and bursting of the credit bubble. We didn’t learn a thing from the Great Depression.
The letter of the law has to do with the form of the law, the spirit with morals and ethics. Without the spirit of the law, you get the law of the jungle. I can tell you from personal experience how important it is to know the letter and spirit of the law.
Under the law of the jungle, the bigger you are, the more you consume: such as a herd of animals and a whale, in the human case, the majority vote or the king, president, dictator, capitalist, movie star, star athlete. None of the above connects with the spirit of the law. The spirit of the law connects with intrinsic principles, such as equal in rights.
For the sake of forming a union of states, America’s forefathers compromised. They allowed for slavery, compromised their principle in the right to property. Black slaves were the property of white people, the same as mules and cows. More lately, the courts have compromised principle in the right to property though the taxing and spending authority, allowing for tax slavery. Compromising intrinsic principles is always seen a being for the good of all—by kings, presidents, dictators, and the rich. Case in point: Although President Obama criticizes Governor Romney for catering to investors at the expense of jobs, he goes to the rich doing the same thing for campaign money. Obviously, Obama feels that his expedience is for the good of all and Romney’s is for the rich. Obama is trained in constitutional law, yet he does not seem to know the difference in the law of the jungle and the spirit of the law.
I’d like to point out the great difference in legal training in constitutional law and actually studying the Constitution and using reason and logic to determine which is lawful; that is, backed by intrinsic principles. To say that it is for the good of all to take from the rich and give to the poor violates intrinsic principles. How is one to know why one is rich and another poor? It doesn’t matter, say the makers and keepers of the law, because they have a certificate that says they know more than the people they control—or that they won an election. In either case, it’s the law of the jungle. You need to know this because it is you who loses your freedom.
You are either self-governed or governed by external authority. The original makers and keepers of American law gave you a Bill of Rights that cannot be taken from you except by due process of law, including your property.
If you knew the law, you would know chapter 29 of Magna Charta. Nothing compares in importance with America’s Constitution. “No free man shall be taken or imprisoned or deprived of his freehold or of his liberties or free customs, or outlawed, or exiled, or in any manner destroyed, nor shall we go upon him, nor shall we send upon him, except by a legal judgment of his peers or by the law of the land.”
The law of the land in America is the U. S. Constitution. Under the Fifth Amendment (in the Bill of Rights) every individual is guaranteed due process of law, as stated in chapter 29 of Magna Charta. Logically, a tax on income, under America’s law of the land, could not be constitutional if it taxed the individual out of a basic existence. In 1975, I was a single taxpayer employed in an entry level job. Government was taking withholding tax from my wages. I was unable to pay my rent. I was locked out. How can that be that under America’s Constitution? This individual deprived of his basic rights is conveniently kept out of sight, out of mind. In my case, it didn’t work. I was in control because I took the time to learn the law and my constitutional rights. It did something mysterious that people don’t grasp. Whereas, if anything could go wrong it did, after I took the bull by the horns, when everything should have gone wrong everything started going right.
Since when has it worked to turn your control over to government? After all, government is people in control of your life. Too much control is corrupting. In spite of this fact, more than half of the American people depend on government in one way or another.
Nature provides man with reason and logic to survive. This is fundamental to man’s law. But like other life, in that we possess the power drive, it causes us to form groups, and to look externally for our survival. Might makes right only so long. One ultimately becomes powerless. Compromising intrinsic principles is ultimately the reason nations come and go.
Starting with a life in ruins, by learning the law, directly, and using it, all of my dreams came true. The United States lost its tax case against me, not in court, but from the court record. I took it to the press. An investigation was made. The IRS admitted that for eleven years it had been wrong. I had been before the U.S. Tax Court, three U.S. District Courts, the U.S. Court of Appeals, and the U.S. Supreme Court. How could that be? The powers that be allow the IRS to make limitless mistakes. Is it for the good of all, or for the good of those with the power?
For some reason, it seems that I’ve been picked to tell the world the story of my life. In Earth as It Is in Heaven 2012 will be available at Amazon this June.
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