[SierraWasp]

You know what will probably happen... They will probably allow themselves to be panicked by the false spector of supposed default into voting for some POS solution based strictly on "Hurry! Do something, anything immediately, even if it's wrong!!!"

I put up a link to a MoneyMarket.com article yesterday, that reminded everyone who read it that the same exact "debt ceiling" increase "crisis" popped up during Dwight D. Eisenhour's presidency. Congress wouldn't pass it then and the Treasurery Dept. liquidated enough of the then vast gold reserves with the central bank to pay all the bills for over a year!!!

Even if our Federal Gold Reserve is diminished today, what we have is based on $40/ounce prices and with the price/ounce now at over 1600/oz, it would still save us from mistakes induced by panic mongers in the three branches with the media megaphone blaring BS all over all of us!!!

[SierraWasp]

Here’s the link to the link I posted yesterday and referred to just above:http://www.freerepublic.com/focus/news/2755750/posts?page=5#5

[Ernest_at_the_Beach]

I caught a replay of the House voting on the Reiid bill (I think sometime today ) and talk about a bunch of BS being blathered out...mostly the Dems were ravaging about the Republicans deleting 500 Billion from medicare...in the Ryan bill...now how does that compute with the Bill on the Floor...

If you can handle seeing that...watch for a replay on CSPAN...

Just unbelievable!!!