Posted on 10/13/2009 1:12:07 PM PDT by Patriot1259
As the dollar plummets, Sarah Palin has taken up the dialogue on behalf of Americas best interests even as our elected President schemes with George Soros to move our nation precipitously closer to Socialism, and perhaps even a one-world currency.
...Palin links the dependence on foreign oil and large U.S. deficits to declines in the dollar .
We can see the effect of this in the price of gold, which hit a record high today in response to fears about the weakened dollar, Palin wrote.
Palins power for using her Facebook page to affect public opinion is not to be taken lightly. Remember death panels which turned the healthcare debate into rabid townhall meetings this summer that phrase emerged from Palins Facebook page
(Excerpt) Read more at thecypresstimes.com ...
The whole strategy is geared to breaking the dollar. So when you cash out on your gold a few years from now, they can hit you with “capital gains” of the “increase” of value of the gold, in terms of number of dollars (or whatever currency will then be valid), and indict you for “fraud against the people”.
FDR declared it illegal to own gold in 1933 with a simple Executive Order. Overnight, the value of the dollar plunged from $20 per ounce of gold, to $32 per ounce of gold.
It was a huge devaluation of the US dollar at the time, and widened what would only have been a severe recession into the first plunge into all-out extended Depression.
The misapplication of the TARP funds and the “stimulus” bill have had almost exactly the same effect today.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.