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#and last but not least: august by taylor swift exists and its been named The World's Greatest Song According to Isa
icedhoneyy · 2 years
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goood morning😙✨ in today's news:
1) i left home late but still looking adorable
2) i wanted to ask u guys: how do we feel about a lil' event in celebration of my favorite month of the year aka august? (aka mine and my xodó's (laura) bday month🤗💛)
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spiritinabody · 7 years
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*pictured: me, August 2011* Trigger warning: suicide, sexual assault, sex, vulgar language, alcohol
I was sixteen years old. I remember because it was when Taylor Swift’s “Fifteen” was popular enough to be playing on the radio constantly. I have a memory of being in the car with both Nate (names changed to conceal their identities) and his mom, who was driving. She laughed at the irony of the song, since he was fifteen, a freshman in high school. “And then you’re on your very first date and he’s got a car, and you feel like you’re flying”. When his mom wasn’t driving us somewhere, I actually drove Nate around a lot. Picked him up. Took him to parties. Looking back, I’m sure it wasn’t a bad deal on his end.
As a sophomore in high school, I still was not far from the beginning of my existence as a sexual being. I shared my virginity with a boy during the summer between 8th and 9th grade. While that relationship had its own set of problematic experiences, we are on good terms now and have found ways to connect. After that relationship, it seemed like I bounced between guys, looking for someone to fill the kind of void that I felt being single. Part of it was an obsession with feeling powerful, knowing that I had what it was that guys were looking for. Compared to a lot of my schoolmates, I was more experienced, and willing to do more. For a lot of my life I felt unattractive, but having sex helped me feel both powerful and either beautiful, or at least that my looks didn’t matter. I did not have the capability to look deeper into what, or who, I was doing. Due to my experience and age, a lot of the guys I ended up being with were virgins themselves. Despite probably not being very good at what I was doing at the time, it felt good to “take” someone’s virginity.
Several short-lived, meaningless relationships brought me to February 2010. I don’t remember now how I actually met Nate, but we started dating shortly after meeting. Our relationship consisted of hanging out with his friends who were all guys that called me “Nate’s Girlfriend”, having sex while watching Disney movies at my parent’s house, playing with his dog, listening to music, sneaking out to see each other, going to parties, and fighting over shit that high schoolers fight over. Typical high school relationship. We broke up 2-3 times between February and August of that year. I specifically remember the last time we broke up being right around my seventeenth birthday due to a picture that exists of me holding my cake, with him standing in the background.
Despite the fact that I was the one who initiated the break up, I still have my journal from this time period. July 11th, 2010. “I’m dating an almost Sophomore, Nate. We’ve been dating over 5 months. It’s crazy… I love him so much.” The next four pages, un-dated, list bullet points of “Things I Remember About Us… So We Don’t Forget”. October 15th, 2010 is addressed to Nate, stating “I heard you speak for the first time in over two months a couple days ago. You finally hit puberty… And I missed it.” I continued to write about how I still think about Nate constantly, how I wished I could go back in time and “do everything right”, and how I basically attempted to stalk Nate at school just to see him or hear his voice. The next day, October 16th, 2010 I wrote about driving by his house and looking for him to come in while at work (I worked at Subway at the time). I ended it with saying that I would do anything for Nate, including kill myself if that is what he wanted.
The craziest part of this is not how madly in love I thought I was. The craziest part, to me, is that I thought I was madly in love with him months after he sexually coerced me multiple times throughout our relationship.
Sexual coercion, according to the website Love is Respect is “the act of using pressure, alcohol or drugs, or force to have sexual contact with someone against his or her will” and includes “persistent attempts to have sexual contact with someone who has already refused.”
You might be thinking that because I thought I loved him, and because I had said that I would do anything for him, that it wasn’t coercion and that I just changed my mind after we broke up. Not only is this the phenomena known as “victim blaming”, but it’s also false. This was something I recognized during our relationship and although I did think I loved him and wanted to do anything I could to make him happy, it was at my own personal cost. It was not something that I wanted.
At the time, I knew it was uncomfortable. I knew it was frustrating, trying to tell someone no, making up excuses, trying to find ways to divert their attention, just to have it end up happening anyways. I knew all of these things, but it wasn’t until years later, that I actually saw this for what it was -- sexual coercion. Due to being young, and not having a lot of experience, and never really having a conversation about sex let alone consensual sex with my parents, I thought this was normal. Really, I thought there was something wrong with me for ever not wanting to have sex. Nate was attractive, I thought I loved him at the time, but there were times where I just did not want to. What was wrong with me? How was I going to sabotage this “perfect” relationship just because of something minor? It took me I don’t know how long of experiencing this to tell him, finally, how much it upset me and that if he didn’t respect my right to say “no” again, that I was going to break up with him. You can guess what happened.
Now, as a semi-functioning adult, I can look back on experiences like this and really see them for what they are. I’m sure, as Nate was a virgin before we were together, he was just starting to learn what his sexuality meant to him as well. And because of his life and his experiences, thought it was normal and okay to continue to badger your partner into having sex after they’ve already said no. That’s the whole point of dating someone, right? To have sex whenever you want? This is what we, especially boys, are taught that relationships are supposed to be. You may have to struggle and argue and deal with “emotions”, but it’s all to make up and enjoy sex again. At this time, I wasn’t enjoying it. I was enduring it. Although Nate did sexually assault and coerce me, and we have our personality differences, I want you all to know that I do forgive him.
In November of this same year, 2010, I started dating Marty. He was older, not by a lot, but enough to shock even me, who was used to dating younger guys. Despite this fact, he too was a virgin when I met him. Due to a combination of my reputation and his own self doubt, Marty was already distrustful from the beginning. I think part of him didn’t want to look stupid, and the other part of him couldn’t believe that a girl like me (this was probably the peak of my attractiveness during my life -- I can say that being 23 at this point) was actually interested in him. He was extremely insecure about his image and his weight. I can tell you that none of that ever mattered to me, mostly because I still felt like the ugly little duckling I thought I was growing up. Inside, that’s how I still felt.
Dating off and on for a total of about 3 years, there were plenty of things that went on in our relationship that I could write an entire separate blog on. Maybe someday I will. But this part isn’t about Marty -- it’s actually about Wyatt.
I have known Wyatt since middle school when he was in a class of mine, and then I became good friends with his twin sister. We had a brief middle school-esque thing in 8th grade and then went our separate ways for a time. The guy who ended up being my first and Wyatt were really good friends at the time. Somehow we ended up “talking” (oh Lord do I hate that term) again during the summer, before Marty and I got together. We again went our separate ways, for whatever reason you could imagine.
The moral of this seemingly pointless background story is that Wyatt and I had some history. I knew his family, I was at one time a good friend of his sister, his mom loved me, and I spent a decent amount of time at his house in high school. In our Junior year of high school, his mom’s new house became the “party house” for our group of friends. It was a newly built house, huge, with a decent-sized basement that his mom never bothered to come down to. That was where I got drunk for the first time. It was where Marty pissed on the floor after a party. It was also where I was sexually assaulted.
Fast forward to June of 2011. The summer between my junior and senior years of high school. Do I remember what was really going through my head? No. I have no fucking clue. I wish seventeen-year-old me had the sense to write some of THAT shit in my diary, but no. For whatever reason, Wyatt and I started talking again. I remember one day I came over to get a Gameboy game of his because playing Pokemon on the old fashioned Gameboy was making a comeback. We talked, hung out. I liked talking to him because he made me laugh and reminded me of simpler times when we both were younger. It was something different. I had never really been with someone for as long as I had been with Marty, and I’m sure my mind was beginning to wander, realizing I was going to be dating a “college” guy while still in high school. Did I want to date Wyatt? Did I want to break up with Marty? No. That, I do remember.
One night, for whatever reason, I planned to stay over Wyatt’s house with him. Alone. I’m sure his sister was there, but in her room or doing her own thing. I told Marty that I was staying at a girlfriend’s house. By now, there are probably a million alarms going off in your head. “You went to his house ALONE? You LIED to your boyfriend?” Yes. All of this is true. In my head, I wasn’t expecting anything to happen, but I knew the situation would look bad. I was more concerned about how the situation would look to my boyfriend than my own safety. Let me repeat that: I was more concerned about covering up what I was doing from my boyfriend than my own physical and emotional safety. Whatever part of me, or whatever part of Wyatt that told me what I wanted to hear, let me go forward with it.
We spent the night in his basement, probably watching movies and definitely drinking Four Lokos. Back in those days which are pretty much when I started drinking, everyone drank Four Lokos. They were cheap, easy to get, and would get you fucked up. At times, half of a can of Four Loko could cause me to black out. On this particular night, I probably had between a half and a whole can of Four Loko. Why did I drink this much? At the time, that was normal. It was how we had fun on weekends. I would usually black out due to my extremely low tolerance, but if anyone else ever experienced them, I didn’t know. I thought that, too, was a normal part of drinking and getting drunk.
What I do remember, vividly, is waking up the next morning on the floor of that basement at 1:00 P.M. I think I woke up to the voice of Wyatt’s mom upstairs yelling. I jumped up in a panic. Where was I? What time was it? I grabbed my phone from wherever it was and saw the time, as well as missed calls and texts. One was from my friend, Mia, the friend whose house I was supposed to be spending the night at. She was worried because Marty had tried to contact her after failing to be able to contact me. Another text was from Marty, blatantly calling my bluff and telling me he knew I wasn’t at Mia’s. As the reality of everything set in, I’m sure I grabbed my stuff and got the hell out of dodge. That’s again where things become a little, blurry.
The story of what happened that night is something that formulated in my brain after the fact, pieces at a time. In different ways. And for different reasons. I didn’t tell Marty what happened until several months later. That, I did write about in my diary. About how he took the news surprisingly well. But I didn’t write about the event itself in my diary. In my mind, it was something that was my fault. I should have known better. I shouldn’t have put myself in the situation. I should have said no. I didn’t even want to admit to myself what had happened that night because I knew, at the end of the day, I was supposed to take responsibility for what happened. I cheated on my boyfriend. I made that mistake. To other people, and to society, my emotional and physical safety still were not the important details here. It was what I could have done differently, and instead what I did do.
After that evening of drinking, Wyatt and I both passed out together on the floor. I don’t remember if we were maybe cuddling to sleep, or just fell asleep next to each other. We were in spooning position, with him behind me. At some point, I woke up to Wyatt guiding my hand to what ended up being his penis. Although I don’t remember for sure, I assume there was some kind of foreplay on his part -- either over my pants, or inside of my pants. After some time, I helped guide his penis into my vagina for what was maybe 30 seconds worth of sex. We then both went back to sleep.
Between Marty and I, this was something that was a regular practice. While I look back and think about how problematic the concept was, it was consensual between Marty and I. I would stay over, or he would stay over, and when we were able to actually sleep together overnight it was a somewhat regular thing. I cannot tell you and I will never know exactly what was going through his head when this happened between Wyatt and I. Realistically, I can’t even tell you what was going through my head. Do I think he meant to violate me? No, not really. Do I think he knew what he was doing? Yes. I think he knew who I was, he knew I was drunk, but like many other men (especially at that age) did not realize that consent is a verbal, non-coerced and freely given “yes” compared to the lack of the word “no”. Did I “help” him do what he did? Technically, yes. I also believe that part of my half-drunk half-asleep mind believed that I was doing this with Marty, like we had so many times before. I also believe that if and when I may have realized that it wasn’t Marty, I was too afraid based on what I had already done to stop and say “no”. From my past relationships and past experiences, I had it so far ingrained in my head that sometimes it’s easier, quicker, less painful just to do it than to say “no”. In this regard, I don’t blame Wyatt for what he did. I try to believe that as a semi-functioning adult, he would now know better and be able to do better. I want to believe that he will not pass that mindset onto his son, or any future children he has. While I don’t blame him, what he did was not right. I had a right to feel violated.
From that day on, whether or not he actually said it or just implied it, Marty used what happened that night against me. He used it as an excuse as to why he couldn’t trust me, as well as why he couldn’t trust me around other guys. We ended up breaking up, for other reasons not related to what occurred with Wyatt. A few years later, we ended up getting back together. Although part of that relationship was the idea of starting fresh, realizing that we were both different people than we had been, Marty still held that against me. He used it as a trump card every time I tried to defend myself in a situation that I shouldn’t have even had to defend. The combination of that situation, along with a lot of other things that made Marty not trust me, caused me to really turn into myself during a lot of our relationship. In order to please him, I stopped going out as much or rarely ever. I stopped hanging out with friends, or making an effort to spend time with other people. I stopped doing things that I had previously enjoyed because of the worry of explaining myself to him. It was not until I felt like I had turned into a completely different person, and still did not really have Marty’s trust, that I realized how toxic that situation and our relationship was. Despite how much I knew I loved Marty in my heart, I couldn’t continue to make myself small in order to help Marty feel at ease and in control of me.
Consent, whether to sex or sexual acts or otherwise, is no longer a mystery to me. While it is something that is sometimes hard to navigate, it is not only crucial but necessary. In high school, part of me believed that I didn’t have the right to say no. My self esteem was so low, that I would do it just to feel better -- to not feel like that ugly duckling that was trapped inside of me for so long. To feel in control. But instead, I was taken advantage of. My control over my own body was taken from me, piece by piece, every time I caved and did it or kept my mouth closed and convinced myself this was something I wanted. This is not what sex should be. I want everyone reading this, young or old, male, female or transgender, gay or straight or in between, to know that your boundaries matter. YOU matter. You have the right to say “no”, or say “not now”, or say “I’m not comfortable can we take a breather?”. I treated my body like garbage, and years later, I am finally starting to heal and forgive myself. To see sex as a way to connect with someone, not as a weapon or as a trophy. I put myself in a lot of dangerous situations to try to satisfy that craving and am lucky enough that it never resulted in serious negative consequences. We are taught and conditioned to believe that sex leads to love and connection with a person to make us happy. It is the complete opposite. Someone who can respect you enough to wait until you are comfortable to do whatever sexual acts is someone who you can have a connection with, and maybe some type of love will form. But all of this first comes from respecting yourself, and loving the essence of who you are to keep yourself physically and emotionally safe.
‘’Cause when you're fifteen and somebody tells you they love you You're gonna believe them And when you're fifteen, don't forget to love before you fall I've found time can heal most anything And you just might find who you're supposed to be I didn't know who I was supposed to be Fifteen’’
I wish I had known all of that at 15. But I’m Forgiving Myself.
Credit to:
http://www.loveisrespect.org/content/what-sexual-coercion/ http://www.metrolyrics.com/fifteen-lyrics-taylor-swift.html 
P.S. I changed the name of the individuals in this post because my goal was not to call them out. The purpose in writing this was to release myself from the chains that kept me from telling these stories for many years, as well as to help young women (or anyone for that matter) who may have experienced something similar and can benefit from knowing that they are not alone and that what happened to them isn’t right. 
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haleyfury · 4 years
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Out of all the things, books and film included, that haven’t been able to happen in 2020, the last thing that I expected this year was a new Taylor Swift album! folklore is not my absolute favoriteeee Taylor Swift album… but that doesn’t mean I haven’t listened to it at every opportunity possible! I really do love its indie vibe, and I find that it makes for the perfect background music while I’m doing school work or blogging. Like every TSwift album, my top 3 favorite songs are always changing but my current three faves are “betty,” “illicit affairs,” and “august” (with “exile” and “invisible string” as a very close #4 & #5). I’m also going to be providing my thoughts on each song in the corresponding prompts!
This album has also caused me to fall into Taylor Swift Tik Toks – I especially love the ones focusing on the bridge of “betty” transitioning into the “All Too Well” bridge and the ones comparing life when Lover came out last August vs. pandemic life with folklore. I definitely relate to this last category so much, considering that when I did the Lover book tag last fall, I was starting my senior year of college, commuting to the city every week, and living with my best friends…. but at least we have folklore now to compliment all of our feels! I also admit that I came to close to hitting ‘submit order’ for the merch cardigan from the “cardigan” music video, but I’ve determined to find a lookalike! 
The folklore book tag was created by Ilsa of A Whisper of Ink, and I was tagged by Rebecca of bookishlyrebecca. I also want to shout out Erin from rin’s reads, where I first saw the tag and I love her graphics for each question! I also really loved Cristina from Girl in the Pages’ folklore-inspired post, where she paired books on her TBR with songs on the album!
the one: a book with an ending that left you speechless
I’m going to go with a recent read of mine, Verity by Colleen Hoover. It’s been a while that I’ve read a book with an ending that still has me thinking about it and rethinking the book’s ending weeks later! 
song review: I think “the 1” is a strong first song, and it sort’ve reminds me of the vibes of Lover’s first song, “I Forgot That You Existed.”
cardigan: a book that makes you feel happy & sad at once
You’d Be Mine is so well-written and has such excellent relationship development, but both main characters have experienced a toss of loss and hardship. 
song review: “cardigan” has really grown on me as I listen more & more to folklore. I really enjoyed the music video! 
the last great american dynasty: a book with a fascinating & well-told story 
Sarah Hogle’s You Deserve Each Other is one of the most interesting and well-written contemporary romances I’ve read. It takes sarcasm and wit to a whole new level, and introduces an enemies-to-lovers trope I’ve never seen in romance: fiancés. 
song review: “the last great american dynasty” is so catchy, and I think it could make for an interesting story in a music video. 
exile: a book you wish you hadn’t read 
This is another recent of mine, but I sort’ve wish I hadn’t been tempted by the hype train for Loveboat, Taipei. So many of my friends & fellow bloggers had enjoyed this one when it first came out in early 2020. I was so excited to read it because let’s be honest, I love any books following the glamorous lives of rich teens as this book takes place at a summer boarding program in Taiwan. However, the writing style made the main character and story feel immature, and I did not like the plot. 
song review: I really love almost all of Taylor Swift’s duets or collaborations, with “exile” as no exception. Like nearly every song on this album, such great lyrics and such a well-written story. 
my tears ricochet: a book that made you cry uncontrollably 
I feel like this book is my go-to answer for any question about a book that made me sob, but the last book that made me seriously need to grab tissues was Morgan Matson’s Second Chance Summer. The last book that did make tears come to my eyes was my reread of The Royal We because I had forgotten about a certain sad event (no spoilers). 
song review: I don’t have any necessarily strong feelings towards, “my tears ricochet,” but I do enjoy it! 
mirrorball: a book that feels like it was written for you
Marissa Kanter’s What I Like About You is such a love letter to any book blogger or bookworm. Her debut is seriously the most relatable YA book I’ve read all year. Through Halle, Marissa Kanter so perfectly captured many readers’ feels about books and the balance between reading, blogging, and life for many of us. 
song review: I didn’t love “mirrorball” when I first listened to it, but I admit it’s grown on me. 
seven: a childhood book that makes you nostalgic
I’ve talked a lot about Ann M. Martin’s Baby-Sitters Club series, but I also loved another series of hers, Main Street. I think I read this series in third and fourth grade after having devoured most of The Baby-Sitters Club. I’m pretty sure I did a book report on of the books! 
song review: “seven” is probably one of my most least-listened-to songs on the album. I enjoy it, but for some reason, I’m not super drawn to it and it sort’ve blends into the other songs. 
august: a book that reminds me of summer
Everyone knows I read & love many summer contemporaries. Most of the books I associate with summer take place in the summer, while a few others I associate with the season because I read them during the season or on the beach. I’m going to go with every’s beach obsession this summer, Beach Read by Emily Henry (which I’ve just realized features a character with the same name as this song’s title!!). 
song review: I got more into “august” when august (the month) started and so many people had posted this song on their Instagram stories during the first weekend of the month. I think it’s the perfect song to put on while driving to the beach or around on a summer night. 
this is me trying: a book that deals with loneliness & sadness
I didn’t realize how many recent reads of mine I’d be sharing today, but All Adults Here by Emma Straub really examines one family’s reaction and life after a loss in their family ,and how they’ve individually dealt with it and their lives, together and apart. 
song review: I do like “this is me trying” a lot, and I think it’s very relatable for people who are struggling or who have struggled with relationships or break-ups. 
illicit affairs: a book that gave you a hangover
I don’t often get book hangovers, but a recent read that made me question what to read next was Robinne Lee’s The Idea of You. I think another romance read would’ve been my go-to, but this one was just so unique. 
song review: I only just realized this week that “illict affairs” had become on my favorite songs on the album. I love the lyrics!
invisible string:  a book that came into your life at the right time
I feel like I should have a ‘deeper’ answer for this question, but I’m going with one of my early quarantine reads, The Selection by Kiera Cass – mostly for its great timing because I picked it up right when the Netflix adaptation was announced and I needed a light & fluffy series to read during stressful times. 
song review: “invisivble string” is probably the song I find myself unconsciously singing the most – I think the chorus is so catchy. 
mad woman: a book with a female character you adore
I’m fortunate enough to read a lot of books with a lot of amazing female characters, but a recent favorite of mine is Bea from The Royal We & The Heir Affair – I’d seriously read a spin-off novella or book about her because she has such an air of mystery.  
song review: I think “mad woman” is folklore’s version of “The Man.” It’s another cleverly written song. 
epiphany: a book that was haunting
The Tenth Girl by Sara Faring could be considered a haunting read just because it’s a gothic thriller, but its ending is especially haunting in the sense that it’s left me thinking about it even a year later!
song review: I could so see “epiphany” working it’s way into my top 5 or 3 songs in the next few weeks. I love the way it sounds – can you tell I don’t know how to talk music?? – and again, love the lyrics. 
betty: a book couple that fills you with yearning
Again, it’s recent read central here, but I can’t stop thinking about Anna K and the Count from Anna K. 
song review: “betty” has been my #1 song from folklore since the album came out! I just love everything about it. 
peace: a book character you’d die for 
Chaol Westfall (Throne of Glass), we stan forever. 
song review: “peace” is another favorite of mine that I could again see making it’s way to my all-time favorite songs on the album.
hoax: a book you thought you were going to love but didn’t 
I was SO ready to fall in love with Neal Schusterman’s The Toll, the final book in the Arc of a Scythe trilogy. While I did enjoy it, thinking back on it now, it really wasn’t the ending I wanted or the way I would’ve thought this series would’ve wrapped up. 
song review: I admit that “hoax” is one of my least favorite songs on the album – again, I don’t think there’s any particular reason but it doesn’t really grab me. 
Have you listened to folklore? What’s your favorite song? Did you do the folklore book tag? Have you read any of the books I mentioned? Share in the comments! 
Folklore Book Tag  Out of all the things, books and film included, that haven’t been able to happen in 2020, the last thing that I expected this year was a new Taylor Swift album!
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vegas-glitz · 4 years
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The Dollar
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When the Kingston Trio came out with their rendition of "Greenback Dollar" with the lyrics declaring "I never give a dam about a greenback dollar I expend it just as quickly as I can" these days, half of that phrase is really genuine. Also numerous of us go on to shell out that greenback ever speedier while. But, what we do care about is why that at any time disappearing dollar won't manage the items it employed to. We do give a dam about just about every very last dime that comes into our possession currently.
To recognize the seriousness of the United States economical standing is to trace the historical past of the dollar or Buck as it was acknowledged throughout the Civil War. The phrase greenback refers to lawful tender, printed in eco-friendly on one aspect and issued by the United States in the course of the American Civil War. Currency at that time was backed up by gold but, when the Civil War broke out the demand from customers for additional forex was as well a great deal for the gold reserves the United States had. What President Lincoln did by issuance of the Dollar was to put the backing of buck entirely centered on the credibility of the U.S. Federal government. Considerably like it is today. Those people Dollars back again then was largely what financed the Civil War and subsequently generating the to start with industrial revolution possible.
Today, our floundering US greenback is precariously close to falling off as the world's reserve forex. The main motive is that we nonetheless have our currency only backed up by the credulity of our governing administration. The Federal Reserve continues to print refreshing "Greenbacks" and financial loans the money with fascination it to the US governing administration. It is the desire that is earning Wall Avenue and the Federal Reserve wealthier at the expenditure of the US financial state. Think of the Qualitative Easing the Fed did following the fiscal disaster of 2008. All that did was enrich the electrical power brokers when major street continues to languish in economical distress.
When Lincoln assumed office environment he previously understood that the consequence of the war would be mainly identified by the means of the North. Lincoln also understood the great importance of elevating plenty of resources to properly carry out the war exertion. With this in brain Lincoln on the working day following his inauguration nominated Salmon P. Chase to be Secretary of the Treasury. Secretary Chase on your own was approved by Lincoln to act on all issues pertaining to the country's finances. Chase, like most absolutely everyone else at the time, underestimated the severity of the War in conditions of its duration and charge.
Confronted with the charges of war, the Lincoln Administration sought loans from New York bankers, most of whom were being fronts for, or related to, European bankers. Specified the very large interest rates of 24 to 36 per cent, President Lincoln refused to settle for the phrases of the financial loans and named for other methods. Colonel Edmund D. Taylor of Illinois built the suggestion that the U.S. govt could challenge its possess money. Taylor is quoted as stating: "Just get Congress to move a monthly bill authorizing the printing of comprehensive legal tender treasury notes and shell out your troopers with them and go in advance and acquire your war with them also. If you make them full legal tender they will have the full sanction of the federal government and be just as fantastic as any cash." The specific appropriate by the Structure offers Congress less than the Treasury Section the correct to print legal tender. We have to remember much too that this was in a time of war and the Federal Reserve did not appear into existence until 1913.
The plan to print Greenback based mostly on the government's trustworthiness was not Lincoln's plan initially, but with mounting force in Congress to acknowledge the system the President was swift to endorse it. The government could both print its individual income or direct the place into to perpetual personal debt at the palms of European financial institutions. On February 25, 1862, Congress handed the initial Legal Tender Act, which approved the printing of $150 million in Treasury notes. Printed on only a person aspect with environmentally friendly ink. The charges were quickly became regarded as "dollars". These United States Notes or "greenbacks" represented receipts for labor and goods delivered to the United States. They could be traded in the local community for an equivalent price of merchandise or solutions. The union utilised this dollars to keep the overall economy stable and assist to spend for the war. There are at the very least two kinds of notes that were being referred to as bucks. They had been referred to as: United States Notes and the Need Observe.
What Abraham Lincoln did was show that the US federal government could problem it truly is personal forex and not the big financial institutions that were intent on reaping billions of dollars in interest financial loans to the government in funding the civil War. The Buck was proof that Lincoln recognized the dangers of getting forex loaned to the authorities at higher desire costs. He knew that with interest rates with loaned funds would be placing the United States deeper in personal debt. Sounding familiar, it must since these days with the Federal Reserve in participate in that is accurately what is driving this nations financial debt even higher.
Jackson, Lincoln, Garfield and Kennedy all realized the hazards of funds loaned to the authorities with significant interest as the true induce of the United States countrywide credit card debt. A personal debt that will only keep on to fester and push this nations ability to prosper more absent from becoming a fact. In other phrases the United States economic and monetary security proceeds to be in pretty significant jeopardy. Today, it is also important to observe that this nations credit card debt and with out the gold common in perform is the most important reason why disposable incomes are at all time lows.
Just after the struggle of Gettysburg Congress repealed the Lawful Tender Act and restored the earlier gold and silver backed currency loaned by major Financial institutions with interest to the US authorities. It was the impact of the banks that swayed congress to repeal the Lawful Tender Act. And, just like the Rothschilde's who controlled the Bank of England have now attained command of significantly of the United States fiscal insurance policies. Now, it is the Federal Reserve and Wall Avenue financiers that regulate the financial policies of the US...and to a terrific offer way too many members of Congress as nicely.
With the knowledge of our banking technique we arrive absent with the realization that Us citizens upcoming is tied to the financial debt of this nation. A credit card debt that only proceeds to mature. With previous and present wars about the world alongside the current Administration whole ignorance of the economical disaster we are in has set this nation's long run really considerably at chance. It could be arguably reported that when President Nixon took the dollar off of the gold typical in 1972 was the monetary blunder and is like a death sentence of the US dollar.
On August 15th was the 47th anniversary of President Nixon's economical blunder. The blunder that severed the last backlink in between the greenback and gold. It has been mentioned that no other solitary motion by Nixon experienced a a lot more profound and irreparable outcome on the American individuals. Up until that time a dollar was value 1/35th of an ounce of gold. When Nixon took us off the gold standard was the beginning of the worst 47 yrs in American financial background. And it looks that the upcoming 40 many years will be a continuation of the initially 47 decades.
What Nixon did was guarantee by using this motion, the requirement of protecting the dollar's value in terms of gold would empower the Federal Reserve to use monetary plan to raise the normal prosperity of the American persons. We were being also promised that the manipulation of quantity and value of a dollar would stay away from high priced recessions, supply significant work and generate economic progress. On the global level we were being also promised that the devaluation of the greenback would decrease our trade deficit and make improvements to the all round financial system.
Considering that 1972 we have experienced a lot of recessions and the worst economical catastrophe given that the Terrific Depression. Our unemployment costs have fluctuated from a higher of around 15% to now all over 5.5%. The unhappy fact even though wages have plummeted in relation to the value of residing. Our financial performance since 1972 has been dismal in comparison to the financial increase we experienced following Planet War II up until eventually 1972.
Financial advancement has averaged just under 3% for the earlier 47 yrs. Experienced the gold typical survived our financial development would have risen to in excess of 4% or even better. We have to place out that 4% economic progress level usually yields larger work and increased wages. A 3% growth fee only maintains the position-quo and a $8.5 trillion more compact financial state. All this indicates that had Nixon held the gold typical medium family incomes would be 50% bigger today, or about equal to all around $75,000 per year.
This also usually means that the tax foundation for all federal, state and nearby governments would not be encountering the finances shortfalls that are presently plaguing each and every funds throughout the nation. The fiscal issues we at the moment are going through would be negated and our financial potential would be allot much more stable and safe. It has been for the past 47 many years that the greenback has fallen in price by extra than 75% and we even now have more than $400 billion trade deficit.
When we glimpse back again prior to 1972 a greenback then only goes as significantly as $.20 today. And, with small explanation to feel that the greenback will preserve even this paltry price, the typical American loved ones is remaining with no meaningful way to conserve for their kid's instruction or their have retirement. Thousands and thousands of Americans nowadays are faced with financial insecurity and minor hope that their economic fortunes will transform all over.
Acquiring a gold typical is needed for maintaining the acquiring ability of the dollar. From 1948 to 1967 inflation was a lot less than 2%. Fascination premiums ended up minimal averaging much less than 4% which offered a affordable price to borrowers and a honest return to savers. Currently, inflation charges retain increasing each individual 12 months. It is also attention-grabbing to be aware that experienced the greenback held it's value to 1/35th of an ounce of gold a barrel of oil would market for a lot less than $2.50. The total idea of the vitality disaster and the much more intrusive government regulation dictating utilization are based mostly on the illusion that the cost of oil has absent up a lot more than 30 instances when in reality it is the greenback whose worth has fallen relative to gold, oil, and all other items and solutions about the previous 47 decades.
The United States has experienced a most debilitating financial and financial crisis considering that 1972. The deviation from a seem greenback today can and must be corrected if we are at any time to regain the economic advancement and prosperity equivalent to what this nation experience for the 30 decades prior to 1972. Several of the infant boomer era have recollections of how their mother and father managed monetary affairs. Disposable incomes had been abundant and that greenback went so a lot farther than it does now all because the dollar was backed up by gold.
A considerably different established of situations exist right now. More sober, much more unsettling, and even a much more sinister approach has taken over the the greater part of people paying out behavior has arisen. The dollar is not well worth what it was in comparison to back again in the early 1960's. To restore the benefit of the greenback and reestablish it truly is real worth is to have the gold conventional reinstated whereby just about every fiscal transaction is geared to insure that a lot more disposable incomes are readily available for all. The surest way is to like Lincoln did is to have the Treasury and not the Financial institution of New York or present-day Federal Reserve print individuals all essential dollars, desire totally free.
To this working day having the Federal Reserve solely liable for printing this nations forex and not the Treasury Section as mentioned in our Constitution with the gold common not backing up our forex the American men and women are held hostage by this nations financial debt with all the accrued interest every single and each just one of us has to pay out. For that reason the Greenback dollar will only carry on to maintain Individuals disposable incomes from expanding. what is urgently needed is to place the Treasury Department in cost of our forex fascination cost-free and not the Federal Reserve in which the interest charges for all the dollars loaned back to the US governing administration has only crippled the United States fiscal and economically.
Supply by Dr. Tim G Williams
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