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Show The Paper That Dares To Take Page 2 The Utah Independent August 12, 1976 an The Constitution, Liberty, READERS Independent OUTLOOK TOM ANDERSON POLICY NOTICE Wc like to receive Letters To The Editor. Frequently, however, these letters are much too long for us to use. For this reason, we are adopting the following policy: 1. Letters To The Editor should be typed (double --spaced) or written legibly on one side of an Morality, and Truth Where the Spirit of the Lord is, there is Liberty II Corinthians 3:17 GOVERNMENT PROSPERITY Depressions have been legislated out of existence. Economic cycles are a way of life in any nation that uses inflation to finance the growth of government. A look at the nation indicates America. a prosperous Inflation is a problem but, there are more people working than ever before. Steel production is at 90 capacity. Other industries are setting new production records. There are more sheet of paper. 2. We will publish these letters regularly as space permits. We appreciate the fact that some subjects require more length. In such instances they should be submitted as News Articles and 8x11 iseeyi KERSHNERS COMMENTARY By Dr. Howard E. Kershner will be subject to our regular editorial policies and current Ownership and Use of Wealth needs. A UPI dispatch in the Milwaukee Journal , November 16, 1975, read: The wealthiest one percent of the United States receives more than eight times the income of the lowest 50 percent. Answering, Dr. George S. Benson of the National Program Letter quotes the Department of Commerce as saying that the highest five percent of the population receives only 15.3 percent of the national income. Moreover, we wish to add that it is not what people receive that is important to the rest of us it is what they do with it. If the five percent who receive 15 percent of the income use it for investment, in order to increase production, we are all benefiting by their actions. If their wealth were divided and consumed, there would be little savings, and production, in general, would decline. It is also true that a smaller piece of a bigger pie is preferable to an equal piece of a much smaller pie. Suppose one owns a coal mine. He cannot eat the coal, wear it, or use it for housing. All he can do with it is produce coal, and that benefits everybody. If he can produce more coal than a socialized mine would produce, it is better that he own it. What we all need is more production of the goods and services we want. Experience proves that private ownership produces more than collective ownership. The latter brings about hard times. More people have become prosperous under private enterprise than any other known economic system. The present trend is away from private enterprise toward socialism. As it progresses, the standard of living will decline, and with it our freedom and Freedom has already proved that it is the best means of producing wealth. Give it time and it will also prove that it can distribute wealth with greater justice and fairness than any other system. News items Must Be Fully Documented. We want to print Many ONLY THE TRUTH! THE EDITOR Sorry we cannot print your requests for funds. EXCOMMUNICATED!!! Dear Editor: Henry Kissinger has been excommunicated. Establishment mouthpiece silence is deafening, but the incomparable, intrepid correspondent Alan Stang pulled no punches on July 3th on his daily radio news commentary. Fantastic? Certainly. But Kissinger is a fantastic achiever of fantastic accomplishments for the enemy. On June 20th the Supreme Rabbinic Court of America proclaimed a Writ of Excommunication, signed by seven members of a Court of Jewish Law, headed by Rabbi Marvin S. the Antelman, distinguished Rhode Island historian and scientist. In a Bill of Particulars the Court of Jewish Law explains that, in the international arena, Kissinger knew no bounds in his attempts at destroying the Jewish state. Whether it was preventing Israel from initiating a preventative strike during the Yom Kip-pWar or holding up their military supplies contributing to the deaths of thousands of Jewish soldiers. ...in his role as Secretary of State, he has publicly pursued a policy of detente to such an extent as to endanger Soviet Jewry by openly opposing amendments to the Trade Bill with Russia, which would free Soviet Jewry from persecution. Furthermore, ...we find him weakening the greatest free country in the world, the U.S.A., thus endangering Jews worldwide; for Judaism and Communism are antitheses; .... Skeptical? But you see I have a copy of the Writ of Excommunication before me! ur Economics Department NORTHXVOOD INSTITUTE WITHOUT HOPE Kissingers Peace deals remind me of the zoo keeper who had a Peace cage, and in it a lion lying down with a lamb. Zoo visitors were amazed. The Zoo keeper was acclaimed a genius. Then it was all exposed. Every morning, before the zoo was opened to the public, the zoo keeper put in a fresh lamb. Like the zoo keeper, Kissinger sacrifices nations and then claims the Peace that results. Ask the Vietnamese, the people of the Middle East, and now the Rhodesians. They know, others suspect, not that he wouldnt sacrifice America but that most Americans dont yet realize. i.- 1- The mm Because of his crimes, the Court finds Kissinger guilty of treason in actions and in Independent Salt Lake City, Utah in --nd Chang with God." And therefore, the members of the Court hereby formally and unconditionally excommunicate said Henry Kissinger from the Jewish people, and proclaim him a traitor to our God, our people, the Jewish Nation of Israel, and our Eternal Heritage and way of life. Henry Kissinger is to be completely excluded from the Paid at Salt Lake City of atfdraaa forma and corroapondanca to 57 East Oakland Avenue, Salt Lake City, Utah 84115 violent pronouncements repudiation of Israel's covenant The Utah Indapandent Is published by the Utah Independent each Tuesday at 57 East Oakland Avenue, Salt Lake City, Utah 84115. Yearly subscription rate Is $10.00 by surface mall In the United States, $15.00 foreign. Second Class Postage -- Utah's Largest and Fastest- - Growing Subscription Weekly Continued on page 4 a . I ' I I) products thanks. nt. "PEACE Stand 'fi Dedicated To The A ) I 1 I I M available. The president has said there absolutely will not be a depression. The Federal Reserve System has a host of powers with which to control the economy. In is an there addition, of structure intricate governmental programs to undergird the economy: works, public highway farm 'construction, programs, controls, taxing policies, stock market regulation and a multitude of other federal powers. Gold is leaving the treasury, but the nations currency is backed by our great productive strength, not by a yellow metal. No wonder the experts are saying that our government is now capable of creating permanent prosperity. Do you believe the words above, and agree? Millions of Americans did, were when first they written, shortly before the financial crash in 1929. Governments dont financial prevent crashes, they cause them. ly FOR REAL? Jimmy Carter says he seen an unidentified flying object (UFO) and it is for real. It is doubtless more for real than Jimmy Carter is. has BACK TO THE BUSH percent of Rhodesian children, black are in preponderantly school. Thats 16 of the entire population. In Ethiopia, one in 52 are in school; in Zambia, one in 1 80; in Ghana, one in 210. A typical reaction of a Eighty-fiv- e all AMERICA THE COMING WHAT? services and anti-monopo- visitor in Rhodesia (which Henry Kissinger has never been) is: How can this few whites do so much for this many blacks? But if Kissinger and the Communists have their way, the Rhodesian white will be government wiped out; a great civilization will revert to the bush and the Comrats will milk the natural resources.. - POWERED Buy stocks now and participate in the coming the article says. boom, Baloney. More inflation, perhaps runaway inflation, is in our future and the stock market is a poor inflation hedge. If in 1969 you had invested (on a proportional basis,) in the stocks which make up the Dow-Jonaverages, you would be far worse off than if you had land farm or bought undeveloped land anywhere in this country youd much have been probably better off in almost any real estate you might have bought. For the Dow-Jonindex, now hovering aroiind its 41 -- month high of slightly over 1,000, would have to be more than 1 ,600 in order for your stocks to have the same purchasing power as they had in 1969. And, had you bought land you would 1robably have doubled or quadrupled your money. If you had bought Swiss Francs, and gold, and split evenly, your investments would be worth three times what they were in 1969. In tomorrows America, double-dig- it inflation is a Triple-dig- it certainty. inflation is a possibility. Land is probably still a good hedge, but the best hedge is gold coins and silver coins, paid for, and hidden away, not only from thieves, but from Big Brother. es es . -- American Way Features Readers' comments and welcome. are questions The Please write us at American Way Features", P.O. Box 1098, Pigeon f. Forge, Tennessee 37863. BY FREE PRIVATE ECONOMY Ia 4 The free enterprise private economy is best at producingt the most of what is needed at costs less than the worth of;, what is produced, because it rewards with who those profits do it best. And as a result everyone gets more at lower costs, c: t. Under socialism, what government produces inevitably costs more than it is worth, but the losses are hidden in the taxes the citizens must pay. And often production of whatls needed must be reduced, lest the losses become overwheImiift. So the people get less at higher costs. ' C rj No wonder the socialist Soviets are always so short on food and other goods, while free, private enterprise America has been able, when left free to function, to .produce ss c surpasses. w s I K P |