By Richard Charles, 1 November 2015
$13 Prospectus Donation Now for a brighter future
2016 Independent Constitutional Candidate for US NV Senate
Why we are standing for national office our third and final recent time and what we plan to accomplish if elected.
Wherein we show why we are the SilverSenator2016 for prospective donors, readers and voters. 66 years of hard value experience in business, finance and politics. A proven track record including first successful election in 1970. Spoke at the first White House Small Business Conference in 1980. Gave House Ways and Means Committee Published Income Tax Reform Testimony in 1994:
Four score and seven years ago our fathers brought forth on this continent, a new nation, conceived in Liberty, and dedicated to the proposition that all men are created equal.
Now we are engaged in a great civil war, testing whether that nation, or any nation so conceived and so dedicated, can long endure. We are met on a great battle-field of that war. We have come to dedicate a portion of that field, as a final resting place for those who here gave their lives that that nation might live. It is altogether fitting and proper that we should do this.
But, in a larger sense, we can not dedicate -- we can not consecrate -- we can not hallow -- this ground. The brave men, living and dead, who struggled here, have consecrated it, far above our poor power to add or detract. The world will little note, nor long remember what we say here, but it can never forget what they did here.
It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced. It is rather for us to be here dedicated to the great task remaining before us -- that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion -- that we here highly resolve that these dead shall not have died in vain -- that this nation, under God, shall have a new birth of freedom -- and that government of the people, by the people, for the people, shall not perish from the earth.
Abraham Lincoln, Gettysburg Address, November 19, 1863
II. The Key Issue
The Chairman of the Joint Chiefs of Staff identified the nation's mounting debt as the greatest threat to U.S. national security:
III. 2016 Watershed Election
In a very real sense, 2016 may be the year of another civil war between the forces of darkness and light, debt and equity, failure and success, loss and gain, poverty and prosperity.
There are twelve months in our Gregorian Leap Year calendar of the Seasons. There are twelve months remaining until our 2016 American Great Watershed Election.
We may decide on Tuesday 8 November 2016 if our nation earns freedom, life, peace and prosperity, or suffers more tyranny, death, war and poverty, by the very candidates and ideas we turn out to elect.
If we do not vote for the best candidates and ideas, we throw our future away to the least lowest common denominators.
Right now, less than half of eligible people vote, challenged by dead and illegal voters without valid photo identification, suffering various vote counting frauds that penalize minorities who vote.
Some throw away our power for imaginary free government lunch, security and benefits.
Politicians have a long trail of tears of broken promises.
Only we, the too-long silent majority can set things straight.
IV. Politics are the Power of People
Our beloved college professor of Politics, Earl “the Pearl” Latham, taught us 45 years ago that politics is the study of power, its best and highest use.
That same year we abolished student council and elected the first candidate to Congress to end the Vietnam War-wasted lives.
For since the creation of the world, God's invisible qualities--his eternal power and divine nature--have been clearly seen, being understood from what has been made, so that people are without excuse.
Aristotle, Buddha, Confucius, De Tocqueville, Gandhi, Jefferson, Jesus Christ, Laozi, Mohammed, Moses, Plato, Solomon, Washington taught us beneficial lasting true power comes from moral authority.
They opposed excess government, taxes and usury.
A government big enough to promise free healthcare and national security is big enough to take our freedom, life, peace and prosperity away.
When government fears the people, there is liberty. When the people fear the government, there is tyranny. ~ Thomas Jefferson
While they were in the field, Cain attacked his brother Abel and killed him:
Brezhnev, Caligula, Castro, Chiang Kai-shek, Genghis Kahn, Henry VIII, Hirohito, Hirota, Hitler, Ho Chi Minh, Idi Amin Dada, Ismail Enver Pasha, Ivan the Terrible, Kaiser Wilhelm II, Kim Il Sung, Kim Jong Il, Lenin, Machiavelli, Mao Zedong, Mengistu Haile Mariam, Mugabe, Mussolini, Nicholas II, Omar al-Bashir, Pinochet, Pol Pot, Robespierre, Saddam Hussein, Stalin, Sun Tzu, Vlad the Impaler, Yakubu Gowon, Yahya Khan showed us how temporary advantage and power from deception, lies, murders, propaganda and thefts cost millions of lives and ruined entire countries for decades and eras.
American prosperity politics devolved into politically correct 1984 Animal Farm Brave New World Dystopian Hunger Games, sowing their own seeds of destruction for most to bear.
V. The Non-Aligned Movement
We Independents are the largest electoral group in America and the world.
Brazil, China, Iceland, Ireland, Russia and 137 Non-aligned countries with over half the world’s population pulled away from aggressive Anglo-American duopoly empire hegemony invasive military NATO neocon policies infected by indebted moral rot and ruin, from the head of the fish down to the tail.
VI. The Debtor is Slave to the Lender
Forgive us our debts as we forgive our debtors.
Inevitable past practical consequences of poor politics were that budget and trade-deficit over-indebted nations always lost their way and wandered off the economic world stage, no matter how once mighty their diplomatic, espionage, industrial or military power.
How you have fallen from heaven, morning star, son of the dawn! You have been cast down to the earth, you who once laid low the nations!
"How the mighty have fallen in battle!
In the 4th century B.C., ten out of thirteen Greek municipalities in the Attic Maritime Association defaulted on loans from the Delos Temple of Apollo and lost their freedoms to stronger surplus city-states.
It is much the same in America today.
America suffered municipal bond, pension, trash, utility and other defaults in Hillview, KY, Detroit, MI, largest on history, San Bernardino, CA, Las Vegas, NV, Mammoth Lakes, CA, Stockton, CA, Jefferson County, AL, Harrisburg, PA, Central Falls, R.I., Boise County, ID, Orange County, CA, “Whoops” Washington Public Power Supply System (Energy Northwest), second largest in history, with layoffs and broken government promises.
There were 51 American government defaults since 2010.
Many more are likely if there is no common sense Constitutional political revolution, meaning the end of entitlements for Seniors, free rides for illegals and the poor and markets for American businesses.
It is better to focus on Cyprus and Greece austerity bail-in banking previews before than after in America.
We were warned before it is too late.
Support and vote Independent now or pay the price of regret later.
VII. War and Peace
They will throw them into the blazing furnace, where there will be weeping and gnashing of teeth.
Most currency fiscal crises were resolved through war.
Examples include the destruction of the American Revolution Continental currency, the 70 different Civil War Confederate paper currencies, the Civil War Greenbacks, the German Papiermarks of World War I and now the Federal Reserve Note.
The fiat unsecured usury-based Federal Reserve Note lost over 99% of its value relative to physical gold and silver so far, the so-called money mirage.
VIII. The Legal Tender Movement
Our United States Constitution, Article I, Section 10, paragraph 1, states:
only gold and silver coin are legal tender for the settlement of debts
Kansas, South Carolina, Texas, Utah recently passed legal tender laws supporting our Constitution. They use IRA-eligible, Secret Service counterfeit protected and unreported American Eagle gold and silver coins. Twenty more are in the works. American Eagle Silver Dollar sales are at all-time records as people pull their money out of bad banks.
In fact, the Utah Precious Metals Association provides free internet to physical precious conversions without commissions, with modest fees, storage costs and a free American Express Card with 1% reward:
IX. Election Math
Election donations generated up to 665% returns:
The value of SilverSneator2016 donations to protect our American life savings, jobs and prosperity exceeds individual-only legal 2016 campaign donations up to $2700 per election, including American Eagle gold and silver coins to Richard Charles, SilverSenator 2016, POBox 1018, Crystal Bay, NV 89401-1018.
Without your support we cannot, will not, run to win.
1,440,782 registered Nevada voters times $13 Prospectus Donations times .12% donation rate = $22,476, enough to cover previously incurred out of pocket expenses
1,440,782 registered Nevada voters times $2700 double election donations times .02% donation rate = $1.55 Million, enough to make enough seichis to win and begin to change the government climate in Washington, DC
X. The Lessons of History
The subsequent Rise and Fall of the Roman Empire Caesars and the Church warned US Americans re the long-term failures of elective representative government leadership.
We have no excuses for 2016.
In 2016 we have this rare opportunity as long-term economic and political cycles converge.
This is a time when promises are broken, betrayals occur behind the scenes, and trust turns to deception. Agreements and treaties are broken with the pain of betrayal. In 2016, we experience hypocrisy, deception, manipulation, and in the end, we learn who can be trusted and who cannot.
Character and real trust, not showmanship, is what matters most.
XI. The Once Almighty Dollar
Nowhere is government failure versus character and trust more evident than the once almighty American dollar.
$USD went from 78.93 last year against other trade currencies to 100.71 on the expectation of higher interest rates without economic recovery.
XII. Inconvenient Facts
Real economic Gross Domestic Product growth is -1.5%:
The actual labor participation rate is 62.4%, the lowest since September 1977. This means 37.6% of able Americans are out of work, the mistaken rationale for the misguided illegal immigration policies of the current administration:
Hourly Wages are $1.50 below 1972 levels, while benefits and jobs were cut and living costs like food, healthcare or housing more than quadrupled:
As a national yardstick of American prosperity, the US trade dollar was around 105 in 1986 during the Reagan Revolution. It is now below 60 in real financial terms.
XIII. The Real Cost of Inflation
This means savers lost more than 44% of their money and wealth after life, death, inflation and taxes the last thirty years, despite the Federal Reserve inflationary money mirage:
In real terms, Federal Reserve Note dollar devaluation inflation is measured and offset by gold, the 5000-year constant, as a future Federal Reserve Board Chairman noted in Gold and Economic Freedom in 1966:
XIV. Precious Demand and Supply
In biblical times, the price ratio of gold to silver determined by demand and supply was 10 to 1.
Gold to Silver supply ratio is still 10 to 1, while gold trades at 74 times the price of silver, creating a possible lifetime opportunity in silver:
XV. The Eternal Precious Constant
Clothing, Food, Health, Housing, Livestock, Possessions, Retirement, Transportation and Wages cost the same talents of gold and silver in Old Testament Biblical times as now despite hedonic replacement theory:
Sir Isaac Newton, master of the United Kingdom Mint, set the gold price in 1717. It remained effectively the same for two hundred years until 1914. The only exception was during the Napoleonic wars from 1797 to 1821.
The official U.S. Government gold price changed just four times from 1792 to the present, as America became the most free, powerful and prosperous nation in the world with sound money.
Government gold started at $19.75 per troy ounce, was raised to $20.67 in 1834, and $35 in 1934.
XVI. Broken Constitutional Government Promises
Executive Order 6102 confiscated gold and gold certificates, except jewelry and collector’s coins, on 5 April 1933, before devaluing the Federal Reserve Note -69% in 1934 with the Gold Reserve Act:
In 1972, the gold price was raised to $38 and then to $42.22 in 1973, where it remains as official fiction, with alleged leading official US gold reserves of 287,536,953 ounces not fully audited since before 1953:
A gold two-tiered domestic and international pricing system was created in 1968.
The gold international trade window was closed by Nixon Shock Executive Order 11615 after a 13 August 1971 secret Camp David meeting, along with failed price and wage controls and an import tax:
The market price for gold fluctuated after the unconstitutional removal of gold and silver from the US Dollar.
Not only was there not a full audit of US Treasury gold, the Federal Reserve delayed returning foreign gold to its actual owners.
Diplomatic Germany, second largest global owner of gold, so far received less than 10% of its deep gold on loan to US back:
XVII. Asian Gold Mercantilism
Meanwhile, China, Sauds and various Central Banks and their bankers are steadily accumulating large amounts of gold and silver for long-rumoured Currency Debt Default Devaluation Jubilee with Precious Metal backing:
XVIII. What was the Value of Precious?
In the Seventies we corresponded with both the leading Central Banker and Monetarist regarding at what price might a possible gold/silver currency reset take place?
Official responses were that there were too many dollar obligations relative to gold supply to make that practical.
That disclaimer did not make us comfortable when gold was $42.22 and silver was $1.
The 1913 the Federal Reserve Note went from $18.92 an ounce of gold in 1913 without official inflation adjustment to $1922 an ounce in 2011 so far:
This was a Federal Reserve Note loss exceeding -99% of value, or a gain of 10,058% in 98 years, a Compounded Annual Growth Rate (CAGR) of 5%, the long-term true rate of Federal Reserve monetary inflation.
Note that contrary to mass media monopoly and popular opinion, gold went stocks UP during the Great Depression as costs declined, not down. Homestake Mining returned +780% in dividends and growth while the market lost -89%:
No wonder kamaaina old timers in our offices said they would never sell precious.
Silver went from $1.33 in Nov 1971 to $50 in nine years without adjustment for official inflation, a Federal Reserve Note loss of -97%, or a gain of 3659%, CAGR = 50%:
Silver’s tenfold greater CAGR reflects greater industrial consumption, numismatic demand and actual scarcity for silver versus gold:
It is well worth noting official figures for Consumer Price Inflation are nowhere near actual inflation rates that adjusted downward after 1980 to reduce government expenses for Cost of Living Adjustments (COLA’s).
The current real cost of living is compounding at 7.5%, versus 13% in 2009:
XIX. Financial Truth Today
This means there is no real return on most assets today, only a Federal Reserve money mirage inflation putting us in higher tax brackets with less to save or spend.
With death and taxes as well as inflation and zero or negative interest rates, why would anyone want to save or invest for our future now?:
The Federal Reserve Note monetary mirage applies to insurance, real estate and securities also.
Here is a picture of Gold versus the Dow showing three generational buying opportunities in the last 85 years, 1933, 1980 and 2011, when times were tough and most were scrambling for liquidity:
A chart of gold or silver versus real estate shows similar results:
Within our lifetimes, gold went from $35 an ounce to $1922, a Federal Reserve Note decline over -98%.
Not all of us realized after-tax returns exceeding that in our annuities, real estate and securities.
London and Vancouver Real Estate, Berkshire Hathaway CAGR of 17% since 1980 and Proctor & Gamble up 400 times with dividends since 1957 CAGR of 11%, or Exxon Mobil since 1970 CAGR of 15%, or Microsoft CAGR of 25% since 1986, may be long-term exceptions to the long-term precious out-performance experience:
XX. Campaign Prospectus Bonus
Incidentally, Exxon Mobil and Proctor Gamble pay most of the automatic dollar-cost-averaging monthly purchase savings plan commissions and dividend reinvestment costs here, another generation to generation for all ages benefit of SilverSenator2016:
These make a wonderful lifetime endowment accumulator for family and friends.
Please note that these are not necessarily suitable investment recommendations best made by your experienced personal adviser. Past performance is no guarantee of future results, maybe better.
XXI. SilverSenator2016 Incentive
Finally, we offer a stick and a carrot for your SilverSenator2016 support and vote.
XXII. The stick is this
Since gold and silver coins are de facto legal tender money by practice and our US Constitution, many are curious what a long term ultimate fair market value for gold and silver may be.
If we divide the $13.6 Trillion broad US money supply by the 287.5 million ounce purported US gold supply, we see a long-term possible gold price of $47,297 an ounce:
If we divide the $163.5 Trillion US Debt plus unfunded government liabilities by the 287.5 million ounce alleged US gold supply, we arrive at a long-term possible gold price of $568,635 an ounce:
No wonder the nation’s leading central banker and monetarist did not want to go there publicly.
There is always an equilibrium price for gold. It is much higher. Asia, the Sauds and Swiss did the math.
Our caveat is that the Federal Reserve is doing its level best to use Wall Street helicopter monetary inflation to keep the $13.6 Trillion broad money supply and $163.5 Trillion debt derivative liabilities from contracting or defaulting, with zero and de facto negative interest rates.
Debt derivatives may change or default.
The current yield on the 8-year maturity Treasury Inflation Protected Securities (TIP) is a measly 64 basis points = 0.64% = .0064 interest payments with defacto 7.5% inflation, a negative yield of approximately -7%:
This suggests the Treasury market may be anticipating/discounting deflation, since the historical 8-year yield was closer to 3%.
XXIII. The Carrot
How can we save our future?
A BankAmerica Chief Economist told us after the weekly prayer breakfast:
“You’ve told us what’s wrong, now tell us what we can do about it.”
Several recent Federal Reserve Board Chairs repeatedly warned monetary policy cannot do all the heavy lifting. Congress, the Courts and Executive Branch bear much responsibility for waning prudent fiscal policy and practice:
This is why we are standing for National office our third and final recent time, putting it on the line when most do not care or dare.
Congress, the Courts and Executive Branch of government so far failed to reign in destructive deficit spending that created $164 of mostly unfunded debt liabilities that dwarf revenues by 55 times in a contracting $18 Trillion dollar economy with a recent $3 Trillion government healthcare tax revenue windfall not likely to be repeated:
Another way to look at this is if Washington, DC decided to freeze spending and our real economy did not continue to contract, it might still take 55 years to pay, retire and service burgeoning debt.
If interest rates recover to restore real markets, an unlikely current prospect, each additional percentage point multiplied times $164 Trillion Treasury debt, adds an unplayable $1.64 trillion to a $3.7 Trillion Federal Budget.
This is a 44% budget increase in a time of economic contraction that can cripple out and crowd out business, jobs and our economic prosperity.
This could create a downward economic governance spiral like that faced by one of the greatest American economists from 1929 to 1934, when he changed his outlook from permanent prosperity to debt default deflation as far as they eye could see:
One of these days Alice ~ Ralph Cramden, The Honeymooners
XXV. Real Life Political Solutions
Our three long-term political governance simple solutions are:
A) Freeze government red tape, real spending and waste for seven years like Reagan, Grace, Clinton, Gingrich, Joseph and the Pharaoh did during seven tough years:
B) Implement the Constitutional Uniform Nobel Laureate-backed 28 basis point (.0028) Automatic Payment Transparent Transaction Tax to replace and reduce unproductive government debt, regressive income taxes and progressively increase productive private sales, profits and tax revenues:
C) Encourage seven years of saving during the resultant times of plenty to be the first administration since Andrew Jackson in 1834 to retire all but $33,733 of public debt. We will use prosperity to liberate Americans from government dependence and debts into greater equity and responsible freedom for all:
The alternative is utter economic failure leading to the collapse of our government.
Up to $2700 individual donations per election with occupation may be given via PayPal here now:
Individual donation checks, currency or American Eagle coins with occupation may be sent here:
PO Box 1018
Crystal Bay, NV 89402
702 593 9694
Some more about American Eagle Bullion Coins in $100 Platinum, $50 Gold, $1 Silver face values Here:
More about the UPMA liquid gold and silver American Express Card Here:
May we live long and prosper…