| Dave Redick: Author and Speaker
|See the text of the Monetary book at part 2 in the left margin, and 'Rebuild America Now' at part 1.
Contents: Part 1-Gold
as Money; 2-Other Topics
Part 1: The People's Commission for
Using Gold as Money
'People's Commission for Using Gold as Money' is a project of the Forward USA Foundation. The Commission is a
grass roots organization aimed at implementing a Private Gold Standard in the USA as defined in chapter 4 of Dave's book
'Monetary Revolution USA' (shown in Part 2 of the left margin of this site).
Key provisions of the Plan
a) The government would have no role in owning or managing the monetary system, except its proper legal role to
verify/audit reserves that mints claim to hold for redemption of 'representative' money (per item c). This could be
done by private firms also.
b) Private mints would be allowed, with license optional, and would issue both gold coins
(perhaps just a gold disk in the center), and 'representative' paper notes and token coins (per item c below) if redeemable
for gold. They would be required inform the public of the amount of gold they physically possess (not just a certificate for
an 'unallocated' share of gold held by a third party) for redemption of notes and tokens. Minting by the government
Treasury would be optional and have no privileges over private mints, thus allowing competing currencies. Other precious metals
(such as silver) could be used, but gold has usually been preferred by the free market (users of money; see 'Monetary
Rules' in chapter 4 of Dave's book). The private mints will decide which metals to use, based on market demand, which
will vary by geographical area. Market demand will also determine the value of gold relative to other metals.
c) 'Representative money' such as paper notes and base-metal 'token' coins could be used (they are just 'receipts' for the real money, which is gold), but by law would be subject to redemption for gold by bearer
on demand. No specific percent of reserves for money issued would be required. If users of a mint's money were not confident
of adequate gold reserves for redemption, they would use money from another mint. This gives incentive for mints to be honest
and provide a good product. The Free Market at work!
d) There would be no central bank or legal tender laws, and
multi-state branch banking would be allowed (with license optional),
e) 'Weight of gold' would be the unit
of account. This means prices would be set as a weight of gold (with stated fineness, such as 14 carat). The weight and fineness
would appear on the coin, and no 'name' such as 'dollar' would be required. Names make it too easy for governments
to change the amount of gold they represent.
Gold will have no 'price' (in 'dollars',
etc.), and is not 'backing' for 'money', because it IS money. It is also a store of value.
f) The conversion of the US Monetary System to using gold as money would follow the 'Six-Step
Plan' shown in chapter 4 of Dave's Monetary book. Note that M3 is used as the amount funded by our supply of gold,
with 100% reserves for redemption, which means all holders of US cash and Treasuries are funded ('Federal Reserve Notes'
would be redeemable, but would be converted to 'new' money within two years). Other plans have used M1, and as low
as 20% reserves, which amounts to repudiation of long term debt, and increases the risk of a 'redemption run'. Other
nations would be informed of US plans, but no international planning conferences would be held (they would just slow the process
and dilute the gold content). Once the US (or maybe Germany first !) converts to gold, I predict all other nations will have
to or Sellers will not accept their trash fiat paper! As gold money becomes dominate, no 'reserve currency' system
will be needed, then currency manipulation (pegs, monetary inflation, etc.) and the foreign exchange industry will end. Good!
The primary benefit of using gold is to end the government's ability to create money 'out of thin air'
to fund its excessive spending for wars (all US wars since the Revolution have been for political and economic goals, not
homeland defense), welfare, and subsidies to get votes. It also complies with Article 1, Section 8, of the US Constitution
which empowers the government to 'coin money' (the Founders had recent experience in the abuse and damage caused by
fiat - no gold backing- money), and in Section 10 for States to '...not make anything but gold and silver coin a tender
in payment....'. Note the absence of authority to create a central bank, or a private bank such as the Federal Reserve
System, which acts like one!.
Here are some Key Issues and benefits that are
part of using Gold as Money:
1) There is always ‘enough’ gold because its
value (purchasing power) per ounce, with a near-fixed supply (mining only increases the supply by about 1.5% per year), APPRECIATES
with more demand (growth of GDP). The opposite is true (ie, depreciation) in a shrinking GDP.
It stays in balance based on supply and demand. We are all accustomed to constant depreciation due to excessive expansion
of the money supply and debt by the Fed (monetary inflation; reduced purchasing power) to fund the excessive spending of government
2) Savings are enhanced (more deposits, plus growth in value) because of the appreciation in item 1 above.
Thus there is more capital for private investment.
3) Most nations run short of money
if they import too much, and suffer loss in currency value (reduced exchange rate) if they create new money to pay for it. BUT,
the issuer of the world’s primary reserve currency (today the USA) can issue new money with little
short-term effect on value. This is called our ‘exorbitant privilege’ ! The imports reduce domestic
purchases and production and thus cause ‘offshoring’ of jobs, technology, and factories. This
would be ended by conversion to a gold standard because it does not allow unlimited creation of new money.
any major nation converts to a gold standard (today it could be USA, Germany, or China since they all have the GDP size and
tonnes of gold needed), then all nations would have to, or no merchant or bank would accept their trash fiat paper (or at
least impose a big forex discount). Also, the ‘reserve currency’ concept would wither because all gold standard
currencies would be ‘good’ (if reserves were strong), and thus the IMF, World Bank, BIS, G20, etc. would become
obsolete and wither.
5) The market value of gold money in a transaction is equal to the market value of the good or service being
bought or sold, not just a ‘symbolic’ amount (such as ‘face value’) that people
have agreed on
History shows us that a monetary system using precious metals as money is the path
to peace and prosperity, and ALWAYS works.
Conferences will be held in locations across America to discuss how
to make the federal government adopt our Private Gold Standard. Educating members of the U.S. Congress and State legislators
will be a priority. State branches of the Forward USA Foundation will be setup to organize this work
conference will be announced soon. Stay Tuned.
If you wish to be added to our news list, or attend a conference,
send me a message at;
Dave@SaferInvesting.org Part 2: More Info About Government and Economics
Here is a list of Dave's books: First
edition dates are shown, but all books have been updated as needed. All are 6X9 in. paperbacks and available for $9 each
1. ‘Rebuild America Now’, June-2009, 156
p.; Presents a broad range of problems and solutions about the Federal government.
2. ‘Monetary Revolution USA’, Jan-2010, 146 p.; Presents the history status, problems,
and solutions for our monetary system; No Fed, use gold as money, and allow private mints. (see text at part 2
in the left margin of this site)
3. ‘Build the New GOP’,
March-2013, 156 p.; A manual for new-generation candidates and leaders. (see the text at part 1 in the left margin of this
4. ‘Investors Guide to Avoid Currency-Related Losses’,
May-2013, 150 p.; Why the value of the U.S. Dollar is declining, and how to choose assets in precious metals and stronger
currencies. (see text at part 2 in the left margin of this site)
5. ‘What a Libertarian President
May-2013, 150 p.; How a Libertarian President would change policies and create more Liberty, Peace, Justice, and Prosperity for
Find them all on Amazon.com. Feedback
The USA is a failing empire, with all of the major signs such
1) A fiat paper currency (not redeemable for a commodity such as gold) falling in value (purchasing
2) A corrupt government which ignores the Constitution and many laws, and
3) Consumer-oriented citizens
that expect the government to take care of them with entitlements funded by fake or 'other people's money'.
All empires in history have failed, and the USA is in the failure stage (see
part 5 in the left margin of this site). Over 90% of our Congress persons
are careerists who will do almost anything to keep and enhance their plush jobs and pensions. The same applies to the
Executive branch and all the bureaucrats who work for it and Congress. Most of them are self-serving parasites. We must fight
them and restore our government to its proper role of just defending our rights, as written in the Constitution. It is not
the government's job to manage the economy and control our lives and the world! Our current economic and social
problems show they make things worse! History, and the world around us today, proves that free enterprise and limited
government work best to create more peace, prosperity, liberty, justice and morality (less lying and theft) for all.
This essay gives an update, including comments on the 'Bomb Syria' mess;
Empire-USA is Crashing: Loss of Power Over Nations Abroad; Broke and Decadent at Home http://www.activistpost.com/2013/09/empire-usa-is-crashing.html#more
The message of the Forward-USA Foundation consists of this web site, and my books shown
above. See my bio at Part 6 in the left margin of this site.
The goal of the project is
to bring awareness to US citizens of the causes of, and solutions to, our serious social, economic, and
governance problems, so we can all enjoy more peace, prosperity, liberty, justice, and ethics. As more people become
concerned about the likely crash of the US Dollars' value (purchasing power), the precarious state of our economy, and
our illegal and immoral (power and oil seeking) ‘Empire-USA’, we will have mass support to bring pressure on Congress
to make changes in our national policies.
See my published writings at Part 8 in the left margin. While there, please notice these
My Economic Plan; 'Save the USA by Restoring Government to Its proper Role'. Go to: http://www.activistpost.com/2011/04/save-usa-by-restoring-government-to-its.html#more (It is also in Chapter 5 of the 'Rebuld America Now' book)
This plan includes spending cuts, elimination
of unconstitutional federal departments and agencies, abolition of the Federal Reserve System, and conversion to the gold
standard with private mints. Deficit spending will be ended in two years. History shows us that this approach ALWAYS results
in more peace, prosperity, liberty and justice for all. Let's get started!!
The 2013 plans in Congress shows
deficits 25 years or forever, and allows the Fed to continue creating fake money. This is unsustainable, and doomed for
2) My Monetary Plan; It will bring
sustainable prosperity by converting our monetary system to the gold standard, thus ending excessive government spending,
non-defense wars, unconsitutional welfare, and corporate subsidies. Go to;
3) My essay on Independent Thinking; It can help
get US citizens out of their 'sheeple' (follow the leader to whatever) habits. Go to;
4) My free-market based Plan for Health Care; It will provide cheaper and better
care. Go to;
My other 'Constitution-Based' positions are
shown on the list below. This list will give you a quick introduction to my views. Each is numbered the same as the main ‘Issues’
section at Part 3 in the left margin of this site, which offers detailed info on the 33 issues shown below.
A Quick Look at my Issue Positions;
pro- and anti-
# (See details in Part 3 in left margin)
1, 11,12, 18, 19, 27,29,30,31,32,33. pro Constitution,
Liberty, states rights, property, guns
2. pro Core principle (Government’s primary job is to protect
our rights, etc.)
3, 28. pro Sound
money (gold as money), low debt, taxes and spending
4. pro Terrorism is a crime, not a war. See #5 also
5, 6. anti 'Interventionist
Foreign Policy', anti 'War for Empire', pro Defense
7, pro Protect US Sovereignty
8, pro Private
9, 10, 18,
24, 25, 26. pro Free Enterprise Capitalism
13, pro Women’s Choice
15. pro Private Education (no license or taxes for any schools)
16, 23. pro Environment,
and Sustainable Energy
pro Legal Immigration, anti benefits for illegal aliens
20, 21, 13. pro Socially moderate
22. anti Drug Abuse. End counterproductive War on Drugs
Other topics are discussed in this Home page,
and at Part 8 'Dave's Writings' in the left margin. Please tell your friends about my issue positions.
Our StoryPlease keep in mind this fundamental
issue: Our Founders wrote in the preamble, ‘We the People … do ordain and establish this Constitution...’. I say the time has come for We the People to
again ordain and establish our Constitution, and make our government officials, and judges, comply
with it. Most (over 50%) of our laws and spending since 1932 have been unconstitutional! As discussed in Part 8-A and B in
the left margin, ALL of our wars since 1776 have been unconstitutional, and started based on lies. It is time
to fight back to restore the rule of law, and stop the abuse and crimes done by self-serving politicians and their
corporate and 'more-government' Progressive friends!
What you read here will expose how greedy, self-serving, people and groups since our nation's founding have sought money,
laws, and court rulings from our government at all levels (city, county, state, federal) to support their 'projects'
(or for personal gain) while they and Congress ignore the constitution. The result has been a counterproductive increase
in government spending, and control of our economy and lives. The analyses herein are fully supported by fact and
logic. All conclusions are based on cause-and-effect correlation of events (results of policies and actions). Many writers
settle for just correlation, and assume or imply cause-and-effect; a fatal error in logic. I take a comprehensive, integrated, approach,
and will show how power-seekers use lies and fake-money (Part 8-A2 in the left margin) to control national economies
and restrict personal liberty. Imperial-style governments, and complicit 'banksters', create and use central banks to
fund their treachery. History shows us that these empires always fail due to excess spending, debt and corruption (Part 5
in the left margin). Sadly, the USA is heading for failure unless we move quickly to mend our ways.
A Constitutional Republic such as the USA depends on constant vigilance by its citizens to prevent takeover by the always
present self-serving power seekers in our midst. Our citizens have become lazy in this regard, and our government's orientation
toward empire, spending, corruption, and war are the bitter fruit of this neglect. It is my mission to renew our
into our present economic and moral mess in the same way most nations in history have: Corrupt leaders (political
and financial) using war, fake money, and debt to enhance their power. In order to get more re-election votes, campaign
donations, wealth, and power, it has become 'normal' for our leaders and Congresspersons to support; a. Expensive,
unconstitutional, programs, b. Counterproductive distortions of the free-market, and c. Non-defense wars for Empire based
on lies. Many of their votes in Congress are to serve their friends and campaign donors, not 'We The People'. Our
Federal government, and most States, have gone far astray and need to be restored to their proper roles in compliance
with their constitutions. States Rights have withered as power, control and funding move to DC, where the (fake)
money is. We have all the traits of a failing empire (see Part 5 in the left margin), as briefly stated in the three points
below, and in detail on this site.
1. Economics: Our once productive economy has been weakened by fake money (Federal Reserve 'notes' made
from thin air, not redeemable in a commodity, such as gold, with market value). See Parts 1 and 2 in left margin for
the text of my 'Monetary Revolution' book that describes our monetary system problems, and shows how to convert our
present monetary sytem to Gold as Money! The current Fed Notes can be made for just the cost of paper or computer
digits, which allows us to spend to excess on wars and welfare, and import most of the goods we once made (and thus jobs
are exported) so we have become a 'consumer economy' using debt for our high life style. Politicians and Banksters
love it, but the party is over when the money drops in value (as the Dollar has, and continues to). This spending is only
possible because the US Dollar is the primary world's reserve currency (nations and firms buy and sell with it worldwide),
and anybody will accept and keep it as we create more (monetary inflation). However, it is losing value as we expand the money
supply to pay our bills and debts (and 'stimulate' the economy with QE1, 2, 3, etc.), and will crash within 2 to 5
years unless we reduce spending and debt! Crony-Capitalism and corporate subsidies have replaced free-enterprise and competition.
Corruption is routine and rampant.
2. Personal Rights: Our civil rights are being voided and abused as government (especially the Feds, who have all the money)
and the police act like our boss, rather than our servant as defined by the Constitution. Warrantless wire-tapping,
FISA, TSA, absence of habeas corpus, and SWAT teams restricting our right to assemble, are but a few examples.
We are becoming a Police State!
3. Morals: Our leading faults are; a) The death, maiming and displacement of people, and damage to their
land, caused by our wars for Empire (oil, etc., not defense), and b) Our income tax system that is based on gang-theft-by-vote
(group A votes to take money from Group B, 'the rich, etc.', to give to Group C, 'schools, the poor, farmers,
pals, etc.'). Once the majority of a nation's voters accept this form of taxing (often using the excuses
'we all benefit', or make the rich pay their 'fair share', etc.), the door to excess taxation and spending
is open, and the government grows like a cancer. Use of 'progressive' rates to increase the percent tax on higher
incomes (a penalty on success) adds to the offense. The government is soon viewed as a 'money pot' to do anything
'nice' or 'needed' (the Constitution is ignored), and most people strive for a part of it. Some say 'we
need taxes in order to adequately fund our social welfare projects'. I say if you want to help someone, voluntary charity
is the best way. It's more work to seek voluntary donations, but moral, and less is needed in a prosperous,
work-oriented society. No fair using immoral funding methods to support your projects.
Reduce Government Spending by 50% or More
To help solve both the economic and moral issues
above, we need at least a 50% reduction in government spending, and more use of fully compensatory 'user fees' (school
tuition, parks, libraries, buses, etc.), would be a good start to needing less tax revenue, and end of the invasive
and damaging IRS. See my Internet article at Part 8-A-1-g in the left margin. This would bring a form of free-market
pricing (voluntary purchases; no subsidies) to government services: 'If people won't pay the full cost (not worth
it), don't provide it!' If people really want a service or product, the free-market will always provide
it (if allowed by the government !), and history shows the cost to create, operate, and maintain it will be far below
what the government cost would be. 'Rapid rail transit' is a good example. Contractors love to build them (and
donate to the legislators who approved them), but ALL of them require subsidies to attract customers, and even so often have
low usage. Buses are cheaper and allow more flexible (and adjustable) routing, but don't help politicians get elected!
There are a million examples, and they are all dragging us down!
End Empire-USA, and Its Wars
Many of our problems relate to building and operating 'Empire-USA'. We don't own many colonies
('territories'), but we have a lot of control over other nations, and have over 800 bases worldwide to 'assure
compliance'. This is called an 'interventionist foreign policy' at best; some would say 'boss and bully'.
The secret Grand Plan for our wars in Afghan (access for a pipeline to Turkmenistan), Iraq (oil and defense of Israel),
and Libya (oil and evict China) is about getting their oil, and land for bases to control all oil and gas in the greater mid
east , from the east of Caspian 'xxstans' to North Africa (Iran and Syria next?). We want it all, and want
to exclude China, Russia, and India. All the Bush and Obama reasons for these wars (and the entire 'War on Terror'),
such as the Taliban, Al-Qaeda, WMD and nation-building, are lies! They 'used' 911 as an excuse to bully the world
and US citizens. See the 'True Reasons for War' essay at part 8-B-1 in the left margin. These wars, and
our worldwide Empire projects, are illegal, immoral, unconstitutional, expensive, and counterproductive, and must be stopped
promptly! They are for economic and political goals, not defense. It is a tragic abuse of our troops to send them to die,
or be maimed, for these non-defense wars!!Empires cost a lot of money to run and also create enemies. People don't like to have foreign troops
on their soil, and violations of their culture. They especially hate invading 'occupiers', hence the attacks
on our troops by locals and their 'insurgent' friends. Our bases create a lot of animosity, some violent, as we have
seen with various bombings and 9-11 (see W. Pape's book 'Dying to Win', about suicide bombers; the poor man's
nuke). The counterproductive results of Empire-USA are also covered in C. Johnson's three books 'The Blowback Trilogy'.
Our current economic and military problems are the classic symptoms of an Empire in decline (see #5 'Empire' in the
The Imperial Presidency
of our Executive branch of the federal government has continued to grow since the Spanish-American War in 1898 (our
first war of aggression for lands abroad) because of its accepted role in leading foreign affairs. The fake 'Gulf of Tonkin'
incident led to the Vietnam War and LBJ's massive 'Guns and Butter' spending.Then Nixon abrogated our last monetary
connection to gold in 1971, and spending took off even more!.
A big increase in executive power
was forced by Bush and Cheney, who were the most aggressive in creating an 'Imperial Presidency', assisted
by a meek, self-serving Congress. Long 'Signing Statements' changed laws already passed by Congress! Existing
laws and the Constitution were ignored. After their election mandate in 2004, the Democrats took reform 'off the table',
hoping to use the new powers later for themselves (and Obama is!). The Bush-Cheney plan was to rule the USA
and the world from DC, with a focus on controlling access to cheap oil. Pre-emptive wars for economic and political goals
(for oil and Israel, not homeland defense), bribes to foreign rulers, domestic pork and welfare, intimidation, assassinations,
torture, and sponsored insurrections were their primary tools. The problem with such Imperialistic plans is that
they are not only illegal and immoral, but they never work. Expenses, corruption, and backlash/blowback grow
faster than the 'benefits'. Death, and destruction abroad, and a depression, loss of rights, and crushing debt at
home, are the results we see around us today.Thus, the USA has declined from its peak of military and economic strength
in the 1950 to 1970 period, and now faces serious problems. All empires fail in a similar way; a. Corruption, and b. Excessive
spending at home and abroad.
Since history, and our own experience, shows that empires eventually
do more harm than good to their homeland, it is obviously smart to not be one. England, France, Spain, and Russia had sense
enough to back-off, and give up their colonies, when they faced going broke. The USA should do the same, and emerge as a good
customer (with a strong negotiating position) as it enjoys peaceful trade worldwide. This is not a weak or 'peacenik'
approach, it is the smart way to avoid economic and political failure. Fortunately, I have a plan to minimize the
decline, and recover our strength. It is named; 'Save the USA by Restoring Government to Its
proper Role'. Go to: http://www.activistpost.com/2011/04/save-usa-by-restoring-government-to-its.html#more
This plan includes spending cuts, elimination of unconstitutional federal departments and agencies,
abolition of the Federal Reserve System, and conversion to the gold standard with private mints. Deficit spending will be
ended in two years. History shows us that this approach ALWAYS results in more peace, prosperity, liberty and justice for
all. Let's get started!!
for your interest and support. If you have questions or suggestions, contact me at Dave@SaferInvesting.org
The goal of the 'Forward USA Foundation' is
to improve the amount of peace, prosperity, liberty, justice, and morality in the USA through better (usually
|.This book defines Dave's principles and policies.
|See the text at Part 1 in the left margin of this site. Get your copy at Amazon.com.
You can reach us at:
Thank you for visiting our web site: www.Forward-USA.org
Copyright © 2013 by David Redick. All rights reserved on
this entire web site. Permission to reprint excerpts
is hereby granted, provided full credit is given.