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Posted on 06/05/2016 4:03:57 PM PDT by Tolerance Sucks Rocks
No, of course not
wherever money and power is the Crooked ones are right there.
They stopped making silver coins after 1964 because it was tying the dollar to a precious-metal standard.
Many who did not trust fiat were exchanging their paper dollars for silver quarters, dimes and half-dollars at the bank.
A silver dime was worth a dime in 64, today that same silver dime is worth 1.40 it buys pretty much the exact same amount of goods today as it did in 64. A Large Coke at a fountain was a dime.. today closer to 1.50
Silver and gold are real money... can’t have real money since the fed can’t play with it easily and they sure as $hit can’t print it :-)
A 2016 Silver Eagle coin will cost you about 20 dollars today. They are real legal tender with a marked value of one dollar. They have exactly one ounce of .999 silver in them and a teeny bit of copper. They are at a slight premium compared to old 90% silver coins which go for about 14 times face value.
It made a lot of corrupt politicians and bankers very wealthy while basically setting up the destruction of this nation.
While we may notice see that as good, they do.
/spit
Yep.
What’s that saying? Regardless of the era, a gold ounce will buy you a very nice suit. By the way, every once in a while I still find a silver coin in a roll, nice when I find a couple. Nicest is finding a silver nickel in a roll (they made them in WWII).
Gold holdings were a primary part of the monetary base, and the ‘bank money’ aka ‘credit money’ portion of the money supply was built on this by bank lending. Revaluation of specie from 20 to 35 had the immediate effect of increasing the monetary base by a third, allowing a larger amount of credit money to be loaned against gold holdings.
It was the ‘credit money’ portion of the money supply that had evaporated as thousands of banks failed 1930-33. The gov’t couldn’t force banks to loan and therefore rebuild the money supply, but they could increase the base of ‘high powered’ money by revaluing gold itself. Not sure if that made any difference at all other than making Americans think that FDR was stealing their gold. Of course, during the Great Depression you were lucky to have a silver dollar to your name, much less gold, but the principle was still the same.
So even back then the c¥ck******s were using crises to impose their agenda.
While Americans could no longer buy gold from our own government, other countries could! France in particular was famous for gathering dollars and exchanging them for gold, at the old exchange rate, then selling the gold at a higher rate. Nixon put a stop to that in what he called his most important action while president.
“A proposition was made to them to authorize Congress to open canals, and an amendatory one to empower them to incorporate. But the whole was rejected, and one of the reasons for rejection urged in debate was, that then they would have a power to erect a bank, which would render the great cities, where there were prejudices and jealousies on the subject, adverse to the reception of the Constitution [emphasis added].” —Jefferson’s Opinion on the Constitutionality of a National Bank : 1791.
Also, by refusing to let citizens exchange paper money for gold, FDR wrongly interfered with state sovereignty as evidenced by the Constitution’s Clause 1 of Section 10 of Article I.
Article I, Section 10, Clause 1: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts [emphasis added]; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.
Also consider that when citizens do business with banks, such business may be regarded as contract work, not commerce. And if such is the case, then a previous generations of justices had also clarified that contracts are not commerce, effectively indicating that Congress has no Commerce Clause (1.8.3) authority to regulate contracts regardless if the parties involved are domeciled in different states.
"4. The issuing of a policy of insurance is not a transaction of commerce within the meaning of the latter of the two clauses, even though the parties be domiciled in different States, but is a simple contract [emphasis added] of indemnity against loss." - Paul v. Virginia, 1869. (The corrupt feds have no Commerce Clause (1.8.3) power to regulate insurance.)
Note that both Jefferson and James Madison, Madison genererally regarded as the father of the Constitution, had warned patriots about the corrupt federal government unconstitutionally expanding its powers in small steps.
”I believe there are more instances of the abridgement of freedom of the people by gradual and silent encroachments by those in power than by violent and sudden usurpations.” —James Madison, Speech at the Virginia Convention to ratify the Federal Constitution (1788-06-06)
”To take a single step beyond the boundaries thus specially drawn around the powers of Congress, is to take possession of a boundless field of power, no longer susceptible of any definition.” —Thomas Jefferson, Jefferson's Opinion on the Constitutionality of a National Bank : 1791
”The system of the General Government is to seize all doubtful ground. We must join in the scramble, or get nothing. Where first occupancy is to give right, he who lies still loses all.” —Thomas Jefferson to James Monroe, 1797.
Remember in November !
When patriots elect Trump, they also need to elect a new, state sovereignty-respecting Congress that will not only work within its Section 8-limited powers to support Trump’s vision to make America great again, but also repeal all federal laws and executive orders that Congress cannot justify under its Section 8-limited powers.
Note that such a Congress will also probably be willing to fire state sovereignty-ignoring activist justices.
Ping for later.
We should ask the democrat candidates how they feel about FDR banning citizens from owning gold. And forcing people to turn it in.
We should ask them how they feelcabout democrat Truman droping the bomb on Japan, just,to watch their pretzel logic make them squirm.
They bring up stuff like tis against our guys all tge time just to get the awkward response. Id love to see themstew in it and do a stuttering Obama broken teleprompter stroke out.
And Americans IN 1933 did nothing.
WILL WE 80+ years later?
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