I would bet every reader of this blog has heard of Mark Twain. On the other hand, I would bet I’m probably the only person on this blog familiar with Craig et al v. The State of Missouri. This article gives quite a bit of insight into Samuel Clemens. Please read it before you read the rest of this post.

I suggest you read the article because you will undoubtedly recognize a good number of today’s “events” in references from quoted Twain writings. It seems not much has changed in the 100+ years Twain put pencil to paper.

You don’t need to read the Craig case. I’ll summarize it in a sentence or two. The U.S. Supreme Court was deciding an appeal from a case in Missouri in which Craig claimed the issuance of bills of credit by Missouri violated the Constitution. Should you decide to read the case, simply put it in your favorite search engine. If you do, you’ll see the court decided in favor of Missouri.

Also, you will get quite an education on paper money and its (il)legality. If you would like more information on how wide spread this idea of emitting bills of credit has become, I suggest you read this article.

To put it all in perspective, at least according to me, I’ll quote Thomas Jefferson:

“What has destroyed the liberty and rights of man in every government that has ever existed under the sun? The generalizing and concentrating of all cares and powers into one body, no matter whether of the autocrats of Russia and France or of the aristocrats of a Venetian Senate.”

I didn’t write this post to even suggest I’m some sort of brain child or have all the answers. I wrote it because

I saw this headline the other day — Fed plans new rules to protect future home buyers. Where in the hell did the Federal Reserve get the authority to step into housing? It just so happens the answer is in a paper written by Sterling E. Edmunds of the St. Louis Bar. His paper is titled: The Roosevelt Coup D’ Etat of 1933-40

Chapter VII is titled: The End of the Cycle of Constitutional Freedom for the American Citizen. Scary, this freedom snuffing activity by the government.

If you decide to research any of the above referenced material, let me know if you think it pertains to today’s events. I’d like to hear your thoughts on the validity of it being the ground work for those of us experiencing its aftermath.

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Tags: federal reserve, history, housing, mark twain, politicics, The Fed