Doc, I am no economist. I try to read, study and comprehend what is going on economically in this Nation, and try to follow what has transpired with the whole economic meltdown.
During various periods of my adult life, I have also read and studied a number of individuals who claim that our Nation's financial quagmire started with the Bretton Woods Agreement, and then, to make matters worse, FDR's removal of gold to back up the Dollar, followed by Nixon's reversal of silver to support the Dollar. I have even read H.R. Haldeman's book, when he walks through the scenario that led Nixon to remove silver backed currency, (he blamed it on Great Britain). I have read our own Treasury Department's brochures on how money is created, (in a nutshell, by loans) and how the Federal Reserve Bank ties into our United States Treasury. I have also attempted to follow what many consider the "Patriot/Freemen/Tax Protestor/Militia/Conspiratorialists/Ron Paul" theories regarding our currency, e.g.; fiat money; and a fiat monetary system. I have come to the conclusion, (and again, I admit that economics is not my strong suit) that a currency based on another commodity, such as gold or silver, is not the solution. That the Dollar can and should be a commodity in and of itself. I don't see the need in a Federal Reserve Bank, separate and distinct from the Constitutional mandate that the Congress should be the entity that coins our money. Having said that, I am not at all comfortable with the current Congress, who just voted in the largest boondoggle budget ever in recorded history, being in charge of our monetary system again. I do know this. That when something is so screwed up, so messy, so confusing, there is a reason for it, and you can apply this same standard for any thing or situation. If someone's desk is a total clusterfuck, there is a reason for it. If someone's car is just plain, outright nasty; there is a reason for it. If someone's home is in total disarray, there is a reason for it. When our monetary system, and our tax system, and our budget is so totally confused and nonsensical, there is a reason for it. I am hearing very few politicians calling for the tax system, or our monetary system to be cleaned up, and none of those individuals are on the Democrat/Socialist side of the aisle...... On Tue, Apr 7, 2009 at 7:27 PM, Doc Holliday <[email protected]>wrote: > > "They" have imprinted into you mind just what you should mimic. to wit > > > "Give me control of a nation's money and I care not who makes it's > laws."-- Mayer Amschel Bauer Rothschild > > "The Federal Reserve bank buys government bonds without one penny..." > -- Congressman Wright Patman, Congressional Record, Sept 30, 1941 > > "Neither paper currency nor deposits have value as commodities, > intrinsically, a 'dollar' bill is just a piece of paper. Deposits are > merely book entries." -- Modern Money Mechanics Workbook, Federal > Reserve Bank of Chicago, 1975 > > "Every Congressman, every Senator knows precisely what causes > inflation...but can't, [won't] support the drastic reforms to stop it > [repeal of the Federal Reserve Act] because it could cost him his > job." -- Robert A. Heinlein, Expanded Universe > > "The Federal Reserve banks are one of the most corrupt institutions > the world has ever seen. There is not a man within the sound of my > voice who does not know that this nation is run by the International > bankers." -- Congressman Louis T. McFadden (Rep. Pa) > > "History records that the money changers have used every form of > abuse, intrigue, deceit, and violent means possible to maintain their > control over governments by controlling money and it's issuance." -- > James Madison > > "These 12 corporations together cover the whole country and monopolize > and use for private gain every dollar of the public currency..." -- > Mr. Crozier of Cincinnati, before Senate Banking and Currency > Committee - 1913 > > This contrived "emergency" by the money vultures and the political > manipulations of FDR, et. al. since then has created innumerous > abuses, usurpations, and abridgments of Constitutionally delegated > Powers and Authority as clearly stated in Senate Report 93-549 (1973): > > "A majority of the people of the United States have lived all of > their lives under emergency rule. For 40 years, [-1824 years now in > 109] freedoms and governmental procedures guaranteed by the > Constitution have in varying degrees been abridged by laws brought > into force by statutes of national emergency." > > Peace, > Doc > > > > On Apr 7, 6:15 pm, Keith In Tampa <[email protected]> wrote: > > No question that President Bush didn't do his Nation any favors with TARP > > during his last few months in office. Nevertheless, the whole shit, bang > > and kaboodle of our economic plight can be laid at the Democrat Party's > > feet. I'll say it again, Three words, a lotta syllables: "Community > > Reinvestment Act". > > > > On Tue, Apr 7, 2009 at 7:10 PM, Doc Holliday <[email protected] > >wrote: > > > > > > > > > Well the Feds and world banks are doing to us what Russia's failed > > > state did to Cuba. "we" may be looking at our next model of survival > > > because Cuba has already been where we're possibly headed. To suggest > > > that Obama didn't have any help from the former Bush cartel is totally > > > ludicrous. > > > > > Peace, > > > Doc > > > > > On Apr 7, 4:37 pm, soulereclipse <[email protected]> wrote: > > > > I am surprised. Not that they went, it was bound to happen sooner or > > > > later. I am surprised that they were so naive as to give voice to > > > > Castro. I am surprised that they were allowed to be duped into his > > > > photo op or were actually so racist themselves as to find nothing > > > > better to talk about than why Colin Powell didn't run. Either way, > > > > they have had their political chains pulled and I hope their > infantile > > > > foreign policy exploits come to a halt rather quickly. > > > > > > On Apr 7, 4:43 pm, rigsy03 <[email protected]> wrote: > > > > > > > Am not surprised these are members of the Black Caucus and > Democratic > > > > > Party. > > > > > On Apr 7, 2:46 pm, dick thompson <[email protected]> wrote: > > > > > > > >http://www.miamiherald.com/1374/story/988858.html > > > --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
