Friday, September 26, 2008

Plan Accordingly and Carefully

Although no one can say for certain what will come of this huge mess we are in with the economy, some things are certain. We as a nation are in a world of hurt because we have allowed our leaders to build a huge debt load that we are now unable to pay. Politically there are many forces involved, but I am not going to get into those in this blog. This blog is only to give some perspective so that we can plan accordingly.

As tough as the truth may be sometimes, it is the truth that will make us free and give us options to plan in advance before we have to react to a situation. The whole reason for prophecy from the prophets is to give us some warning so we will not be so surprised when things happen and so that if we will head their warnings we can be prepared. This is a huge blessing we have as members of the LDS faith. We also have good reminders available to the general public through the bible, but these sources can never take the place of modern day revelation through modern day Prophets.

It does not take a genius with any kind of college education to understand that if you live off of borrowed income long enough, eventually there is going to be a day of reckoning. That day has come for us as Americans. It is sad that we as Americans may not be responsible for the situation individually, but as a whole we are because we have allowed our elected officials to carry on in a very reckless manner for way too many years. Because of this, we as Americans have some very very tough days before us.

We have two choices. We can prepare now so that those times will not be so difficult, or we can keep on pretending all is well in Zion, and find out all too late that things are really not all well is Zion. Our Prophets have told us to remain optimistic and to be hopeful, but to do this we need to know the truth.

Take this quote for what it is worth, but I would recommend anyone reading this to pray thoroughly about the counsel that is given and prepare accordingly. Take note of how current his statements are even though they are probably 3 decades old.

From the Teachings of Ezra Taft Benson we read:

"The pending economic crisis that now faces American is painfully obvious. If even a fraction of potential foreign claims against our gold supply were presented to the Treasury, we would have to renege on our promise. We would be forced to repudiate our own currency on the world market. Foreign investors, who would be left holding the bag with American dollars, would dump them at tremendous discounts in return for more stable currencies, or for gold itself. The American dollar both abroad and at home would suffer the loss of public confidence. If the government can renege on its international monetary promises, what is to prevent it from doing the same on its domestic promises? How really secure would be government guarantees behind Federal Housing Administration loans, Savings and Loan Insurance, government bonds, or even social security?

"Even though American citizens would still be forced by law to honor the same pieces of paper as though they were real money, instinctively they would rush and convert their paper currency into tangible material goods which could be used as barter. As in Germany and other nations that have previously traveled this road, the rush to get rid of dollars and acquire tangibles would rapidly accelerate the visible effects of inflation to where it might cost one hundred dollars or more for a single loaf of bread. Hoarded silver coins would begin to reappear as a separate monetary system which, since they have intrinsic value would remain firm, while printed paper money finally would become worth exactly it's proper value--the paper it is printed on! Everyone's savings would be wiped out totally. No one could escape.

"One can only imagine what such conditions would do to the stock market and to industry. Uncertainty over the future would cause the consumer to halt all spending except for the barest necessities. Market for such items as television sets, automobiles, furniture, new homes, and entertainment would dry up almost overnight. With no one buying, firms would have to close down and lay off their employees. Unemployment would further aggravate the buying freeze, and the nation would plunge into a depression that would make the 1930s look like prosperity. At least the dollar was sound in those days. In fact, since it was a firm currency, its value actually went up as related to the amount of goods, which declined through reduced production. Next time around, however, the problems of unemployment and low production will be compounded by a monetary system that will be utterly worthless. All the government controls and so-called guarantees in the world will not be able to prevent it, because every one of them is based on the assumption that the people will continue to honor printing press money. But once the government itself openly refuses to honor it--as it must if foreign demands for gold continue--it is likely that the American people will soon follow suit. This in a nutshell is the so-called 'gold problem.' (An Enemy Hath Done This, p. 218.)" (The Teachings of Ezra Taft Benson p 639-640.)

Ezra Taft Benson, speaking of the upcoming economic crisis quotes Hamilton, but then also gives us hope to move forward and rebuild a monetary system and healthy economy which shall be a model once again for all the world. Benson states:
". . .it is even possible that some of the government manipulators who have brought us into this economic crisis are hoping that, in panic, we, the American people, literally will plead with them to take our liberties in exchange for the false promise of 'security.' As Alexander Hamilton warned about two hundred years ago: 'Nothing is more common than for a free people, in times of heat and violence, to gratify momentary passions by letting into the government principles and precedents which afterward prove fatal to themselves' (Alexander Hamilton and the Founding of the Nation, p. 21.) Let us heed this warning. Let us prepare ourselves for the trying time ahead and resolve that, with the grace of God and through our own self-reliance, we shall rebuild a monetary system and a healthy economy which, once again, will become the model for all the world. (An Enemy Hath Done This, pp. 220-21.)" (The Teachings of Ezra Taft Benson p 640.)

Unfortunately, many of the American Sheeple will plead with Washington for extreme measures, including the new monitory system that is prepared for us, without which no man will be able to "buy or sell." Hence, you had better be prepared to have perhaps a year supply of food, clothing, and fuel where possible to get you through a years duration, and to stand independent of these atheistic murderers who have brought us to this situation.
Remember, the Wall Street Backed Communists (Bolsheveks were financed by Wall Street, David Rockefeller being a great ally to these wicked Murderers) have been planning our destruction. When Secretary of Agriculture, Ezra Taft Benson met with USSR Nikkita Cruschev who stated:
“I have talked face to face with the godless communist leaders. It may surprise you to learn that I was host to Mr. Kruschev for a half day when he visited the United States, not that I’m proud of it. I opposed his coming then, and I still feel it was a mistake to welcome this atheistic murderer as a state visitor. But, according to President Eisenhower, Kruschev had expressed a desire to learn something of American Agriculture — and after seeing Russian agriculture I can understand why. As we talked face to face, he indicated that my grandchildren would live under communism. After assuring him that I expected to do all in my power to assure that his and all other grandchildren will live under freedom he arrogantly declaired in substance:
“ ‘You Americans are so gullible. No, you won’t accept communism outright, but we’ll keep feeding you small doses of socialism until you’ll finally wake up and find you already have communism. We won’t have to fight you. We’ll so weaken your economy until you’ll fall like overripe fruit into our hands.’

“And they’re ahead of schedule in their devilish scheme.” (Ezra Taft Benson “Our Immediate Responsibility.” Devotional Address at Brigham Young University. circa 1968.”) [access the audio file on this page.]
Be it remembered this statement attributed to Vladimir Lenon:
“The best way to destroy the capitalist system is to debauch the currency”

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