Waxman now after gold and

Seeking Alpha ^ | 9/16/2010 | Ira Stoll

[vets son]

Congressmen Weiner and Waxman Set Gold Hearing

[vets son]

"Just as the government is trying to prevent people from investing in anything other than T-Bills by raising taxes on taxable interest and dividends to confiscatory levels, it's also trying to prevent you from parking your wealth in assets, like gold, that compete with the paper dollars issued by the Federal Reserve and the Treasury."

They are going after conservative pundits that are telling the truth about the state of our currency and are probably looking at ways to either prevent the accumulation of gold or taxing the heck out of it.

[Joe Brower]

Perhaps of interest.

This happened under FDR's reign during the Great Depression, and it should come as no surprise that his 'fellow travelers' at this point in history are walking in his footsteps.

[a fool in paradise]

It's all about
CONTROL

[KarlInOhio]

Soon after FDR was inagurated he issued an executive order effectively outlawing gold. Did the Democrats give warning this was going to happen, or did they surprise American with it the morning the order was issued? Had the New York Times been pounding on the eeeeeeeevil of a gold based currency for a while to beat down the citizens objections to having their gold stolen by the government?

[albie]

In the 1930’s FDR confiscated gold with only 30 days notice for holders to go to the bank and get what FDR deemed as it’s value not the market! History repeating itself?

[IbJensen]

These two rats are easy to despise!

[blam]

Thanks

That's why we also bought lead.

(There's no peaceful way back from here...prepare now)

[traditional1]

[equalitybeforethelaw]

Waxman, funny. I wonder if anyone will connect the dots to the Fed printing too much money and the price of gold? Such an obvious connection is beyond the Dems. More like gold is being speculated by speculators? Funny. Just real funny.

[True Grit]

How could anyone vote for this POS?

[pabianice]

Wait, wait; don’t tell me! They are about to outlaw private ownership of gold a la Roosevelt’s gangsters. Right?

[Ditter]

How did FDR go about the actual confiscation of the gold. Did he seize all safety deposit boxes at banks? Did he enter private homes and demand to have the gold? What about those who refused?

[EBH]

You were wondering about that 1099 deal in the healthcare bill about....gold?

[Kozak]

Separated at birth?

[a real Sheila]

Henry,
You are one ugly mutha...

[cynwoody]

The congresscritter from 90210 nicely illustrates Rush's definition of politics: show business for ugly people.

[Ditter]

I was asking about FDR.

[massgopguy]

He then sold it short on the world market and further devalued our currency. FDR was an idiot.

[353FMG]

But there will be many more pissed off people this time around than in the 30’s. And most of them will be known because of the better record keeping today.

[sportutegrl]

Waxman would investigate Stayfree and Midol if they advertised on Beck.