Replies

Regardless of the semantics, it is time to burn the “bankers” at the stake and put an end to the shenanigans. The “Money Changers” have absolutely too much “influence” and must be put down, IMO.

It’s time to stop the nonsense and put the “Free Market” back in the drivers seat, along with “regulations” that keep the “money Changers’ in their place, IMO.

No argument here.

What they did do is to establish a new order of priority for depositors in the case of a bank failure. It pushed depositors down the list of who can recover what. Still with FDIC it should not matter in the US. Other places, I am not sure.

Your comments sound like commie comments. Are you a commie?

You must realize the top “bankers” in this mess is the federal government, right?

Regardless of the semantics, it is time to burn the “bankers” at the stake and put an end to the shenanigans. The “Money Changers” have absolutely too much “influence” and must be put down, IMO.

It’s time to stop the nonsense and put the “Free Market” back in the drivers seat, along with “regulations” that keep the “money Changers’ in their place, IMO.

I think this'll continue as long as we have fiat money — and the only way we're getting rid of that is via Constitutional Amendment; here's what I propose:

`Fiscal Responsibility Amendment`
Section I The power of Congress to regulate the value of the dollar is hereby rescinded. Section II The value of the Dollar shall be one fifteen-hundredth avoirdupois ounce of gold of which impurities do not exceed one part per thousand. Section III To guard against Congress using its authority over weights and measures to bypass Section I, the ounce in Section II is approximately 28.3495 grams (SI). Section IV The Secretary of the Treasury shall annually report the gold physically in its possession; this report shall be publicly available. Section V The power of the Congress to assume debt is hereby restricted: the congress shall assume no debt that shall cause the total obligations of the United States to exceed one hundred ten percent of the amount last reported by the Secretary of the Treasury. Section VI Any government agent, officer, judge, justice, employee, representative, or congressman causing gold to be confiscated from a citizen shall be tried for theft and upon conviction shall: a. be removed from office (and fired, if an employee), b. forfeit all pension and retirement benefits, c. pay all legal costs, and d. restore to the bereaved twice the amount in controversy. Section VII The federal government shall assume no obligation lacking funding, neither shall it lay such obligation on any of the several States, any subdivision thereof, or any place under the jurisdiction of the United States. All unfunded liabilities heretofore assumed by the United States are void. Section VIII The federal government shall make all payments to its employees or the several states in physical gold. Misappropriation, malfeasance and/or misfeasance of funds shall be considered confiscation and theft.

Fiscal Responsibility Amendment

Section I The power of Congress to regulate the value of the dollar is hereby rescinded. Section II The value of the Dollar shall be one fifteen-hundredth avoirdupois ounce of gold of which impurities do not exceed one part per thousand. Section III To guard against Congress using its authority over weights and measures to bypass Section I, the ounce in Section II is approximately 28.3495 grams (SI). Section IV The Secretary of the Treasury shall annually report the gold physically in its possession; this report shall be publicly available. Section V The power of the Congress to assume debt is hereby restricted: the congress shall assume no debt that shall cause the total obligations of the United States to exceed one hundred ten percent of the amount last reported by the Secretary of the Treasury. Section VI Any government agent, officer, judge, justice, employee, representative, or congressman causing gold to be confiscated from a citizen shall be tried for theft and upon conviction shall: a. be removed from office (and fired, if an employee), b. forfeit all pension and retirement benefits, c. pay all legal costs, and d. restore to the bereaved twice the amount in controversy. Section VII The federal government shall assume no obligation lacking funding, neither shall it lay such obligation on any of the several States, any subdivision thereof, or any place under the jurisdiction of the United States. All unfunded liabilities heretofore assumed by the United States are void. Section VIII The federal government shall make all payments to its employees or the several states in physical gold. Misappropriation, malfeasance and/or misfeasance of funds shall be considered confiscation and theft.