Gold & Money In America

Return Of The Gods Web Site ^ | November 30, 2009 | William Flax

[Bean Counter]

At some point it will be necessary to review a number of these types of SCOTUS decisions and find a way to codify the solutions into the Constitution.

I am not an attorney nor am I an accomplished Constitutional scholar. All I know about the Constitution is what is actually written in it, and it seems to me that it takes professional politicians (something the founders never intended) along with a bunch of lawyers who seem to think that there is a suicide pact hidden in there someplace, and that is what brings us to where we are today.

We are due for either a Constitutional Convention (subsequent to dismissing the Congress entirely) or a proper second Civil War in order to sort things out once and for all. At this point all a real Patriot can do is make sure when the militias start forming up, that you show up with something besides your Johnston in your hand...

[Ohioan]

At some point it will be necessary to review a number of these types of SCOTUS decisions and find a way to codify the solutions into the Constitution.

Almost everything required--with a couple of exceptions addressed in my novel--is already in place, in the existing document. What is essential is to have a Supreme Court that actually does read the Constitution in context, without trying to fudge the meaning, or rationalize things into it, that simply are not there.

[Ohioan]

Bump

[Ohioan]

To grasp the full horror of fiat money inflation, one needs to understand the deferred effect of what has already happened on every right denominated in dollar tersm:

Every account; every payment due to you or your loved ones; every policy of insurance, payable in dollars, etc., etc..

If the effect were immediate, we could be taking remedial actions; but because much of the new fiat money is held in reserves, is in effect dammed up, one can only speculate as to when the dam will break. In the meantime, every business still requires cash. People still need insurance policies--even though there may come a point where the benefits are virtually worthless. We still must measure future plans in "constant" dollars.

The problem is being largely ignored by the Federal establishment.

[Ohioan]

To continue with the damage to our future, which the combination of fiat money inflation and the stated policies of the Obama/Pelosi/Reid combination promises, you need to consider the effect of Capital "Gains" taxes, where there is no actual gain--or only a very small one--but a major markup in the price of an asset sold, to reflect inflation.

The accumulated fruits of many generations of American labor is at stake here, with incredibly significant implications for family fuutures.

[Ohioan]

Bump