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1 posted on 12/14/2009 4:27:20 PM PST by rabscuttle385
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To: rabscuttle385

Repeal legal tender laws?

So if somebody owes you 100 bucks, and they walk up and slap a C-note in the palm of your hand, you get to wad it up and toss it back and say “...I want Gold...”?


2 posted on 12/14/2009 4:31:47 PM PST by djf (Islam is NOT a religion. Religion is about man and God. Islam is man vs. man, a political theory!)
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To: djsherin; bamahead
*Ping!*
3 posted on 12/14/2009 4:33:40 PM PST by rabscuttle385 (Purge the RINOs! * http://restoretheconstitution.ning.com/)
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To: rabscuttle385
The Federal(not federal) Reserve(No reserves) Bank(Not
a real Bank) loans banks fiat dollars.
The main idea of fractional reserve is a scam whereby
a banker could loan money he didn't have and never had.

It actually permitted banks to create new money, based
not on gold, nor on his own credit, but on the credit
of his customers.

4 posted on 12/14/2009 4:34:12 PM PST by HuntsvilleTxVeteran ((B.?) Hussein (Obama?Soetoro?Dunham?) Change America Will Die From.)
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To: rabscuttle385
This mammoth piece of legislation would massively increase government regulation and oversight in the banking industry under the misguided reasoning that more government could have stopped faulty lending practices, when in actuality it caused them.

There is much with Ron Paul that I disagree with, but he is spot on here.
5 posted on 12/14/2009 4:47:35 PM PST by lmr (God punishes Conservatives by making them argue with fools.)
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To: rabscuttle385

Heh, I read the title as “Monopoly Money”, rather than “Money Monopoly”. It still makes sense that way too.

LQ


6 posted on 12/14/2009 5:18:42 PM PST by LizardQueen (The world is not out to get you, except in the sense that the world is out to get everyone.)
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To: rabscuttle385; djsherin; bamahead; murphE; Extremely Extreme Extremist; Captain Kirk; Gondring; ...

Ping


11 posted on 12/14/2009 10:12:30 PM PST by djsherin (Government is essentially the negation of liberty.)
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