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The history and founding of America is almost a fairy tale of providence and good fortune. As the late Dr. Peter Marshall has recounted in his classic book, The Light and the Glory, no other nation has been blessed with such an abundance of material wealth and rich spiritual heritage as the United States of America. In 1787, our Founding Fathers established a near-perfect system of representative government and sound monetary policy as outlined in the U.S. Constitution.
Yet, as our nation enters the 21st Century there is a great foreboding that our highly leveraged financial infrastructure is facing unprecedented challenges in addition to serious geopolitical developments that could threaten our very existence as an independent and sovereign nation. How has this happened to the most powerful nation on earth, and what will be the likely outcome of these events? To answer these questions it is necessary to thoroughly examine the monetary history of the U.S. up to the present hour and also give some serious consideration to ancient prophecies that are contained in the Holy Bible.
In 1913, a small group of Wall Street bankers conspired to create the ultimate money trust, or banking cartel, now known as the Federal Reserve System. The creation of our nation’s central bank has been responsible for boom and bust cycles which have wrongly been blamed on outside forces, commerce, capital investments, the free market and even elected officials. The creation, structure, and operation of the Fed is a sad legacy of hidden taxation and market manipulation which needs to be clearly understood.
This is a distinctly non-partisan issue. It is a topic of extreme importance since each and every American is trusting in the value of their domestic currency and working hard to invest and save for their financial futures. It is why we get up and go to work every day. It is, as Austrian economist and social philosopher Ludwig von Mises (1881-1973) has stated in his magnum opus Human Action, our individual responsibility to understand the basic teachings of economics:
Very few men are capable of contributing any consequential idea to the body of economic thought. But all reasonable men are called upon to familiarize themselves with the teachings of economics. This is, in our age, the primary civic duty. Whether we like it or not, it is a fact that economics cannot remain an esoteric branch of knowledge accessible only to small groups of scholars and specialists. Economics deals with society’s fundamental problems; it concerns everyone and belongs to all. It is the main and proper study of every citizen (www.mises.org ).
Indeed it is. And most people know that we have merely kicked the “fiscal can” down the road and our economy is now at the “end of the road” as this recent film documents. I encourage you to view or purchase this film and share with others. I also encourage you to add your name and email to my mailing list to receive important market updates that are also archived on my blog.
Finally, it is important that you prepare for a financial reckoning day and I invite you to visit my
company website at IDP Consulting Group for financial diversification and assistance in acquiring
physical precious metals and other considerations like dehydrated or freeze-dried food. Thanks!
Charles H. Coppes
Recent reviews from Amazon.com
By Toni Schamadan (Scottsdale, AZ United States) -
America's Financial Reckoning Day is to American economics what A Brief History of Time was to physics. It provides, in layman's terms, an explanation of who we are, how we got here (based on history, not emotion), and where we are most assuredly headed. This is not a book for dummies, but it is definitely readable for everyone who is interested and engaged. This writer has a way of turning a phrase, and that is saying a mouthful when the subject is economics. He somehow tricks you into reading one paragraph after another, and all of a sudden you feel, well, I'm going to say it: enlightened.
America's Financial Reckoning Day is an opportunity for the intelligent, inquisitive student of American politics and history to understand our place in the world. Mr. Coppes has clearly done his homework. I feel like I have been paying very close attention to political events for the past thirty years, but to my surprise, this book caused me to raise my eyebrows on almost every page. The actions and reactions of our economy and the economies of the other big players on the world money stage are described with names, dates, and times, easily verifiable and in detail.
This book is not for people who can describe their philosophy on a bumper sticker. It is not for people who want to read an "I'm Okay, You're Okay" self help book to instant success in troubled times. This book is for the brave of heart; for the individual who is willing to be surprised and to change how they feel about ideas they have held dear, perhaps for decades. It is for those who know when the going gets tough, the tough are already locked and loaded. For others, for those who just want to stumble along and hope that tomorrow everything will be better; probably not the book for them.
If I had one prayer answered this week, I would ask God to make this required reading for high school seniors, two pages per day, for the entire school year. There would be no need for a test; the students who read it would be wide-eyed and already preparing for the future.
By Donald Langenbeck -
This review is from: America's Financial Reckoning Day: How you can survive Americas monetary & political decline in the 21st Century (Paperback)
When Bear Stearns fell and crude oil passed $100 per barrel in early 2008, I started reading the top-rated books about America's money meltdown, 27 of them and counting. Mr. Coppes' book is the indispensable one.
"America's Financial Reckoning Day"(AFRD) is really three books in one. First, the bulk of the book is about history and economic developments. It has a broad range, much broader than other books, of topics and trends used to clearly illustrate the workings of America's quagmire. Yet despite such a broad scope, the reader is not overwhelmed or made to feel side-tracked. Instead Mr. Coppes has the ability to gather the nuggets of insight and key turning points, so that each topic is made clear and concise. The pace is quick, but effective. And there are plenty of references and footnotes should you want to drill down further on any of the subjects covered.
Secondly, AFRD is a book of spiritual hope. Most books on investing devote a chapter to the importance of emotional intelligence about money. Mr. Coppes explains the Christian perspective about money, power and prophecy with the same technique of using key points of insight and plenty of references. For some, Christian apologetics may be a paradigm shift. You can skip these parts because the rest of AFRD stands alone on its other merits. But for those interested, you will find the wisdom of the ages shedding light on the folly of financial intrigue.
Thirdly, AFRD is the best practical guide on how to protect your finances. No other book that I have found has the information needed for action that AFRD has. Where other books speak mostly in general terms, it appears that Mr. Coppes has opened up his rolodex, listed his favorite important websites and shown us his personal library, to an extent that others are not willing.
Mr. Coppes has a rare ability to synthesize knowlege and teach it in a way that is compelling for both beginner and expert. Albert Einstein said, "Things should be made as simple as possible, but not simpler." Mr. Coppes has done it. I reserve the highest rating for "America's Financial Reckoning Day."
Donald Langenbeck, Jr., MD
America's Financial Reckoning Day
2012 REVISED EDITION
Reaping what we have sown, August 20, 2009
The Indispensable One, November 3, 2010
By Art Bauer-
In one word....Enlightening and Empowering....OK two words!!
December 4, 2012
Seriously.... I started the book last Saturday morning and completed it over the weekend. This is not particularly an easy read as it is full of facts, history, statistics, quotes and references. How the author puts so much factual information together and is able to keep ones attention I do not know, but he somehow presents very complex and critical truths in such a way that it is easy to digest and yearning for more. I could not stop reading it. Very enlightening and empowering with a refreshing Christian perspective of the world we live in, where we went wrong and what to expect in the near future. You will come away with a greater sense of understanding and preparedness and.... even a stronger sense of hope. If you care about your family and loved ones and know things are bad....economically and morally but don't quite understand specifically why....you will find this book to be very informative and insightful. If you don't know much about the US economy, macroeconomics, central banking, the Federal Reserve System, the US Dollar, foreign and domestic policy... Mr. Coppes makes it easy to understand. If you have a strong background in the above you will still come away with many new insights,references and a greater overview. This is a great book to learn more about some very serious subjects. Once you understand how we got here and where we're going, you can then make better choices for your future. With a better understanding comes a better plan and personal direction. With a better plan and sense of direction and purpose....peace and confidence. I came away feeling enlightened, stronger, and more resolute. Highly recomended.