Posted on 12/13/2009 10:00:52 AM PST by FromLori
ping related
Americans Are Furious at Wall Street
http://www.businessweek.com/magazine/content/09_51/b4160000035262.htm?campaign_id=bwdaily_related
Militia groups creating their own currency — again
http://www.dailyfinance.com/2009/12/12/militia-groups-creating-their-own-currency-again/
In the long run there are no monopolies.
The fact that we’ve lost sight of what sound money is, is the primary reason we have out of control big government.
Time to wake up, America!
Great idea, but next to impossible to implement with a congress that is more than willing to inflate our currency with every bill.
Bernanke Prescribing Poison’ to U.S. Economy, Andy Xie Says
http://news.businessweek.com/article.asp?documentKey=1376-KUBE8F1A74E9-15
Joyce warns of US ‘Armageddon’
http://www.brisbanetimes.com.au/national/joyce-warns-of-us-armageddon-20091211-kmlu.html
Watch Ron Paul this Tuesday, December 15, as he co-hosts CNBCs Squawk Box from 8-9am eastern.
Thanks I will.
Or Amir's chocolate ones, which I can eat? Ever notice that they sell everything for cost? Odd, for capitalists.
Amir, a brilliant young MIT student, has produced chocolate Ron Paul coins to spread the word and get our man elected. He is currently selling them at cost. However, he is using the likeness of Bernard von NotHaus' existing gold and silver Ron Paul Liberty Dollar coins to help sell the chocolate ones. Bernard's website states "All Rights Reserved". This is a problem.
Bernard's email
RE: Ron Paul Liberty Dollar Chocolates
http://ronpaulchocolate.com/
I am interested, amused and concerned... If you intend to use my copyrighted designs and/or the trademark: LIBERTY DOLLAR, please contact me immediately. If you are going to do this... it must be done right... with permission.
Bernard von NotHaus
Monetary Architect
There is one potential flaw with having congress seek more control over the Fed and that is it may give congress the opportunity to directly manipulate the money supply. If politicians make the decisions you can be certain that temporary expediency will replace even a pretense of maintaining sound money.
You also might want to check out a book: “The Great Wave : Price Revolutions and the Rhythm of History” by David Hacket Fisher. It looks back over centuries of government manipulation and debasement of currencies and the results. It might surprise you.
I agree even Ron Paul has expressed his concerns in this area. It is not likely to happen anyway though unless we totally collapse.
Some anti-Fed people advocate the printing of paper "fiat money" directly by the mint. What is the difference between the two?
This is a sincere question, not a "taunt."
I see no difference myself so I can’t answer that I think we should print our own money if we are going to print backed by nothing why pay all that interest on our debt to central bankers and still have to pay to bail them out and pay interest on bailing them out on top of it all.
“...how stupid and unjust it would be if a sales tax were charged every time a person exchanged a ten dollar bill for a roll of quarters.”
I wouldn’t give them any more ideas.
Thank you for your thoughts. Admittedly, finance is not my strong suit.
I know that Lincoln printed money during the Civil War (the Greenbacks) and that others such as Thaddeus Stevens thought that the mint rather than banks should print money.
The one thing that aggravates me about this subject, though, is when people invoke the Communist Manifesto as authorizing something like the Fed. The CM calls for a state bank, not a "private" bank. One would think that a private bank would be the antithesis of what Marx wanted. What he was describing was something like a nationalized Fed (which was actually advocated by Father Coughlin in the Thirties).
Thank you again.
- J.P. Morgan
I suppose but then again Marx was a Liar and said it was acceptable to Lie to achieve their goals, kind of like the Muslims they too say it is acceptable to Lie. Have you ever watched the film the capitalist conspiracy?
This is an excellent video. If you have read End Run or you know anything at all about the people who want a New World Order this is a must watch. Think Goldman Sachs, JP Morgan, Federal Reserve. It seems perplexing to people that firms like Goldman Sachs, JP Morgan donated so heavily to Obama.
Well to those who realize it these banks funded Acorn, Black Panthers, etc. Rather interesting combination of characters this film explains the usefulness and the real agenda of doing so.
It seems to be in direct contrast to rational thought that they would indeed help destroy Capitalism but these men are not true Capitalists they are Socialists with the desire to rule the world. This film explains it all.
Make it look like Government Control to keep it in their hands! Exactly what we see Obama doing now. It explains the role of The Council of Foreign Relations, the use of mainstream news. This is a must watch video take the time and watch it all.
The Secret Truth About Karl Marx and His Disciples
http://www.marketoracle.co.uk/Article14535.html
Government Is Trying to Make Bailouts for the Giant Banks PERMANENT
http://www.washingtonsblog.com/2009/10/government-trying-to-create-permanent.html
http://www.garynorth.com/public/5156.cfm
http://www.theendrun.com/2009/clinton-quigley-and-the-new-world-order/
http://www.nlpc.org/stories/2009/09/15/jpmorgan-chase-asked-stop-funding-acorn
http://www.nlpc.org/stories/2009/09/21/bank-america-acorn-partner-and-major-funder
http://www.nlpc.org/stories/2009/09/27/taxpayer-owned-citigroup-still-bankrolling-acorn
http://www.opensecrets.org/orgs/summary.php?id=D000000085
bttt
"Today, we face another devastating wave of inflation: "after 1975...ratios of wealth inequality reached their highest levels in four centuries of American history....The principal victims [are]...the young people who ha[ve] no hope for the future and no memory of better times in the past. The result [is] a rapid growth of alienation, anomie, confusion, and despair." Fischer combines a lively narrative with cogent analysis and sound advice. Essential for scholarly collections, this fine book will also be appreciated by lay readers.?David Keymer, California State Univ., Stanislaus, Calif."
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But today young people are better off then baby boomers that just had all they own devalued. No?
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