[SE Mom]

He withdrew the comment and Bush denied. Fair enough. But is that a behind the scenes idea being tossed around?

[Kay Ludlow]

I heard a couple of days ago this was being tossed around, so I'm only surprised that he said it out loud. While I think it's definitely the wrong thing to do, I'll be surprised if they DON'T choose this option. Meanwhile, behind closed doors, they'll come up with a new worldwide economic system, governed by an international group, that will allow them to sap the rest of the strength out of the USA.

[Danae]

I would imagine at this point that its a VERY real idea being tossed around. Look at it this way, what currency of what Nation is actually pegged to a commodity? Like God or Silver? There is none. Its all paper, literally pegged to an idea of Value. When the US up-pegged its currency from Silver, it allowed the currency to float on a value system, and if there is FAITH in that value of that idea it works great. But when that faith disappears... the paper is worthless. That's what we have happening here, the faith in the system has disappeared, no one knows what anything is worth anymore, they use the loose term “uncertainty” to describe that with out alarming anyone. They can “Fix” that by re-pegging Currency to a Commodity, like Gold or Silver which has real intrinsic value. BUT, for that to work, it would have to be done on a Global level at this point, because our markets are all so closely tied together. Most likely they would shut down the markets until such time as they could revalue the Currencies. I am not smart enough to even begin to unravel how complicated that would be. Or how painful.... But I think that it's coming. If you won gold, and have it in your hot little hands, you are sitting real pretty right now.