BEGIN:VCALENDAR PRODID:-//github.com/ical-org/ical.net//NONSGML ical.net 5.1.4//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Lawrence Parks guest speaker November 5   Lawrence Parks - Founder and President of the Foundation for the Advancement of Monetary Education Title: Who Will Protect Our Protectors? Rotary? November 5\, 202 6\, The Union League Club of NYC\, Grant Room - 6PM   He also hosts the Larry Parks Show\, which airs weekly on Spectrum #56\, Verizon FiOS Channe l #34\, and RCN Channel #35 in Manhattan. He has broad experience in acade mia\, business\, and finance. He holds a Ph.D. in Operations Research from the Polytechnic University\, where he received a National Science Foundat ion Fellowship and served as an adjunct professor teaching graduate course s.   Dr. Parks has studied the money issue for more than fifty years. His writings have appeared in Pensions &\; Investments\, The Economist\, T he Washington Times\, The Wall Street Journal\, The Freeman\, The Free Mar ket\, The United States Congressional Record\, National Review\, The Labor Studies Journal\, The Houston Chronicle\, The New York Sun\, The Washingt on Examiner\, and many popular publications. He is the author of the highl y acclaimed What Does Mr. Greenspan Really Think?   He testified before t he United States House Committee on Financial Services Subcommittee on Dom estic Monetary Policy and Technology in support of H.R. 1098\, the Free Co mpetition in Currency Act of 2011\, including extensive written testimony. He has authored and produced more than 200 videos on the U.S. monetary sy stem.   He is an active member of many civic and social organizations. He frequently speaks about the fight for honest monetary weights and measure s.   His focus is on: (1) how our present fiat monetary system is destroy ing savings\, pensions\, and jobs for hundreds of millions all over the wo rld\; (2) how it threatens freedom\; and (3) what to do about it.   TOPI C: Title: Who Will Protect Our Protectors? Rotary? Abstract: Police and fi refighters are special. Their mission requires them to sometimes put their lives at risk to protect us. They are irreplaceable. We must be able to a ccess their services promptly when we need them. Purchasing power from the ir pensions is being stolen by de facto thievery under the color of law. I t is a feature of our dishonest\, unsustainable\, and unconstitutional mon etary system. It must be fixed. I have suggestions about how to fix it. Th ere may be a role for Rotary. Some Sample Talking Points: How police and f irefighters\, along with other NYS public employees\, are being victimized . Using official data from 2000 to 2025\, firefighters and police lost abo ut $2.5 billion in purchasing power in their pensions due to undercompensa ted cost-of-living adjustment losses. They don’t fully understand how th is happened.   We are all victimized by de facto institutional thievery t hrough our monetary system.    Every country does this.   Secular law e nforcement has failed us miserably.   The Founders wrote provisions into the Constitution to protect us. Over the past 150years\, the Supreme Court has made political\, not legal\, decisions that have usurped the clear la nguage of Article I\, Sections 8 and 10\, and the 10th Amendment\, which g overn Congress’ monetary powers.   Only our Constitution\, among all na tions\, has monetary provisions that limit the government’s monetary pow ers: To coin\, tax\, and borrow money. The Constitution doesnot authorize printing paper money. The delegates overwhelmingly rejected paper money at the 1783 Constitutional Convention.   Story about the Founders'\; exp erience with paper money. The “dollar” no longer has an operational de finition. A legal tender statute has forced it into circulation\, but the Constitution does not authorize legal tender. What does “legal tender” mean? Where did it come from?   The Founders\, whose images appear on ou r paper money\, all condemned paper money on moral\, not economic\, ground s. Federal Reserve “notes” are not money. They are not even legal note s. The public has been cheated through misrepresentation and nondisclosure of material information\, which is fraud. None of this is taught in any s chool in the nation\, as far as I know. The mainstream media never discuss es it. According to the Federal Reserve\, our money stock has increased fr om about $300 billion to about $22 trillion from 1960 to the present. How did all this “money” get into our economy?   How did this tsunami of “money” affect consumer prices? Pensions? Property Taxes? Bank compen sation and dividends?   The CPI is a demonstrably phony metric: substitu tion\, hedonic pricing\, geometric weighting\, surveys instead of actual d ata\, and rounding to one decimal as if it were precise\, when it is not. As a practical matter\, what is the remedy? The Federal Reserve “fightin g inflation” (by increasing interest rates) is like lawyers seeking “j ustice” or prostitutes talking about “love.” They just want the mone y. The Constitution does not empower Congress to manage interest rates. Th e “Gold Clause” story. Justice James McReynolds: “The Constitution i s Gone!” On October 28\, 1977\, President Jimmy Carter signed Public Law 95-147\, reauthorizing gold clauses in private contracts. This statute\, which courts have already adjudicated and upheld\, allows indexing dollar payments to the price of gold and offers the best protection\, though not perfect\, against further debasement of our so-called “dollar.” Collec tive action (by whom?) → police and firefighters. What can Rotarians do to help? DTEND:20261106T010000Z DTSTAMP:20261030T035124Z DTSTART:20261105T230000Z LOCATION:UNION LEAGUE CLUB OF NYC SEQUENCE:1 SUMMARY:Lawrence Parks - Guest Speaker November 5 UID:d793ffee-8ccf-4660-bef5-6623c6a3a5c1 X-ALT-DESC;FMTTYPE=text/html:
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Lawrence Parks guest speaker November 5

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Lawrence Parks - Founder and President of the Foundation for the Advancement of Monetary Education

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Title: Who Will Protect Our Protectors? Rotary?

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November 5\, 2026\, The Union League Club of NYC\, Grant Room - 6PM

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He also hosts the Larry Parks Show\, which airs weekly on Spectrum #56\, Ver izon FiOS Channel #34\, and RCN Channel #35 in Manhattan. He has broad exp erience in academia\, business\, and finance. He holds a Ph.D. in
\nOperations Research from the Polytechnic University\, where he rec eived a National Science Foundation Fellowship and served as an adjunct pr ofessor teaching graduate courses.
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Dr. Parks has studied the money issue for more than fifty years. His writings have appeared in Pensions &\;amp\; Investments\, The Economist\, The Washington Times\, The Wall Street Journal\, The Freeman\, The Free
\nMarket\, The United States Congressional Record\, National Review\, The Labor Studi es Journal\, The Houston Chronicle\, The New York Sun\, The Washington Exa miner\, and many popular publications. He is the author of the highly accl aimed What Does Mr. Greenspan Really Think?
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 \;
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He testified before the United States House Committee on Financial Services Subcommitt ee on Domestic Monetary Policy and Technology in support of H.R. 1098\, th e Free Competition in Currency Act of 2011\, including extensive written t estimony. He has authored and produced more than 200 videos on the U.S. mo netary system.
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 \;
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He is an active member of many civic and social organizations. He frequently speaks about the fight for honest mone tary weights and measures.
\n\n
 \;
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His focus is on: (1) how our present fiat monetary system is destroying savings\, pensions\, and jobs f or hundreds of millions all over the world\; (2) how it threatens freedom\ ; and (3) what to do about it.
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TOPIC:

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Ti tle: Who Will Protect Our Protectors? Rotary?
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\nAbstract: Police and fir efighters are special. Their mission requires them to sometimes put their lives at risk to protect us. They are irreplaceable. We must be able to ac cess their services promptly when we need them. Purchasing power from thei r pensions is being stolen by de facto thievery under the color of law. It is a feature of our dishonest\, unsustainable\, and unconstitutional mone tary system. It must be fixed. I have suggestions about how to fix it. The re may be a role for Rotary.
\n\n

\nSome Sample Talking Points: How police an d firefighters\, along with other NYS public employees\, are being victimi zed. Using official data from 2000 to 2025\, firefighters and police lost about $2.5 billion in purchasing power in their pensions due to undercompe nsated cost-of-living adjustment losses. They don&rsquo\;t fully understan d how this happened.
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We are all victimized by de facto i nstitutional thievery through our monetary system. \;
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Every country does this.
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 \;
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Secular law enforcement has f ailed us miserably.
\n\n
 \;
\n\n
The Founders wrote provisions into t he Constitution to protect us. Over the past 150years\, the Supreme Court has made political\, not legal\, decisions that have usurped the clear lan guage of Article I\, Sections 8 and 10\, and the 10th Amendment\, which go vern Congress&rsquo\; monetary powers.
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  \;
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Only our Constitu tion\, among all nations\, has monetary provisions that limit the governme nt&rsquo\;s monetary powers: To coin\, tax\, and borrow money. The Constit ution doesnot authorize printing paper money. The delegates overwhelmingly rejected paper money at the 1783 Constitutional Convention.
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 \;
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Story about the Founders&\;#39\; experience with paper money. The &ldquo\;dollar&rdquo\; no longer has an operational definition. A legal te nder statute has forced it into circulation\, but the Constitution does no t authorize legal tender.
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\n< span style="font-size:18px\;">What does &ldquo\;legal tender&rdquo\; mean? Where did it come from?
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\n\nThe Founders\, whose images app ear on our paper money\, all condemned paper money on moral\, not economic \, grounds. Federal Reserve &ldquo\;notes&rdquo\; are not money. They are not even legal notes. The public has been cheated through misrepresentatio n and nondisclosure of material information\, which is fraud. None of this is taught in any school in the nation\, as far as I know. The mainstream media never discusses it. According to the Federal Reserve\, our money sto ck has increased from about $300 billion to about $22 trillion from 1960 t o the present. How did all this &ldquo\;money&rdquo\; get into our economy ? \; \;
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\nHow did this tsunami of &ldquo\;money&rdquo\; affect c onsumer prices? Pensions? Property Taxes? Bank compensation and dividends?  \; \;
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The CPI is a demonstrably phony metric: substitut ion\, hedonic pricing\, geometric weighting\, surveys instead of actual da ta\, and rounding to one decimal as if it were precise\, when it is not.

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\nAs a practical matter\, what is the remedy?

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The Federal Reserve &ldquo\;fighting inflation&rdquo\; (by increasing in terest rates) is like lawyers seeking &ldquo\;justice&rdquo\; or prostitut es talking about &ldquo\;love.&rdquo\; They just want the money.
\nThe Constitution does not empower Congress to manage interest rates .

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The &ldquo\;Gold Clause&rdquo\; story.

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Justice James McR eynolds: &ldquo\;The Constitution is Gone!&rdquo\;

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On October 28\, 1977\, President Jimmy Carter signed Public Law 95-147\, reauthorizing go ld clauses in private contracts. This statute\, which courts have already adjudicated and upheld\, allows indexing dollar payments to the price of g old and offers the best protection\, though not perfect\, against further debasement of our so-called &ldquo\;dollar.&rdquo\;

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\nCollective action (by whom?) &rarr\; police and firefighters.
\nWhat can Rotarians do to help?

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