Posted on 12/08/2012 10:32:31 AM PST by SeekAndFind
Otherwise, they are perpetrating fraud.
The fraud began decades ago when they started pretending that a piece of paper with the word DOLLAR printed on it was the same thing as an actual dollar. This idea is just one more scrap on the whole fraudulent midden heap.
Thanks SeekAndFind. Irrelevant but fascinating sidebar:
Maine crew set to recover sunken $3b in platinum
boston globe | February 01, 2012 | By Brian R. Ballou
Posted on June 4, 2012 4:58:08 PM EDT by dennisw
http://www.freerepublic.com/focus/chat/2891442/posts
here’s one a little more on-topic:
A free-trade agreement with Europe? [David Ignatius]
Washington Post | Thursday December 6, 2012 | David Ignatius
Posted on December 9, 2012 1:00:38 AM EST by SunkenCiv
http://www.freerepublic.com/focus/news/2967024/posts
Might as well stamp out a couple wooden nickels
I have some of those!
Under the image of the President (where it NOW says merely Ten Dollars), it USED to say (1934 SERIES):
Will Pay To The Bearer On Demand
Ten Dollars
And where our present bills say:
THIS NOTE IS LEGAL TENDER
FOR ALL DEBTS, PUBLIC AND PRIVATE
used TO SAY:
THIS NOTE IS LEGAL TENDER FOR ALL DEBTS,
PUBLIC AND PRIVATE, AND IS REDEEMABLE IN
LAWFUL MONEY AT THE UNITED STATES TREASURY,
OR AT ANY FEDERAL RESERVE BANK.
The 1928a series said:
REDEEMABLE IN GOLD ON DEMAND
AT THE UNITED STATES TREASURY,
OR IN GOLD OR LAWFUL MONEY
AT ANY FEDERAL RESERVE BANK.
http://www.wooden-nickel.net/
Wealth-creation economics is an unsolvable mystery to the Left. That's because the Left is married to Socialist Central Government Control, which is anathema to wealth creation. They keep trying to put a square peg into a round hole.
It's part of the sad story of the history of man and government. America held out for 250 years as the exception but it seems to be finally succumbing to the inevitability of man's darkened understanding. Obama is only the figurehead.
Exactly.
Once upon a time, the smartest people in the country would apply all their brain power in a serious fashion to actually solve real problems.
It’s an indictment of the times we live in that the people in charge apply all their brain power to come up with the cleverest methods they can to *avoid* solving serious problems.
I once heard these exact same sentiments expressed over the criminal class, aka Mafia. You can apply it also to the Thug class. They will come up with some amazing schemes just to avoid a real ‘job’.
As far as I’m concerned that would constitute an Act of War against The People.
This person actually gets paid to teach college students? Really?
Oh no, a famine is a crisis they can use. Supply food to those who play ball, let the rest starve. It’s the only way to get rid of that 25 million Ayers talked about eliminating.
I always get back stared silence as their logic-free brains try to compute. They know that there has to be something wrong with it, but they are clueless as to figuring out why.
Yes, exactly. There is NO relationship between the value of the metal and the value they are talking about “deeming” it to have.
With the way government seems to want to function, why even bother with gimmicks such as trillion dollar coins, or even printing money?
Why not just have the government write all it’s checks with no funding needed to back them up? That way, they’d never have to worry about taxing anybody, and would also be able to fund all the projects that the country could imagine.
Heck, why even worry about working for a living, since, the country would have a never-ending supply of money, to use as needed or wanted or wished.
Two coins, each worth a trillion dollars.
Imagine the movie, where a heist of the federal reserve occurs, and the robbers steal both coins. Would the federal reserve have lost those trillions, or would they just issue another 2 coins as replacements? Would the robbers have coins that reflect any real value?
Yes, we ARE in a different world, hence my recent tagline. I started saying a few years ago in conversations that anyone who speaks what our grandparents or great grandparents or even our parents in the case of people of my age or older used to consider plain common sense, as obvious as the sunrise, are called nutcases or extremists. In this state we are losing our great senator Jim Demint who is resigning his seat. I have had people who are supposedly very conservative, including one retired lieutenant colonel, tell me that Mr. Demint is an “extremist”. My standard reply is NO, Mr. Demint is a traditional American of the sort we used to praise highly and hold up as role models. Those who CALL him an extremist are the real extremists.
On the other hand people who spout what used to be instantly recognized as idiocy are held up as role models and elected to the highest offices, up to and including the presidency.
My tagline at one time was IDIOCRACY IS A DOCUMENTARY.
The root of our problems is the fact that our educational system was taken over decades ago by people who teach absurdity as truth and their purpose has been to destroy the USA and they have done a nearly perfect job. We now have college graduates who in many cases would have been laughed out of a public school eighth grade classroom sixty years ago.
Why don’t we just “deem” the debt as paid?
About as much sense as a trillion dollar coin.
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