CNN writer thinks gold standard would never work[views:3099][posts:18]_________________________________________ [Feb 22,2010 9:41am - TheRidersofDoom ""] http://www.cnn.com/2010/OPINION/02/22/frum.ron.paul.gold/index.html?hpt=C2 I ain't no economist, but I am an avid reader of U.S. history and have noted that the country slipped downhill since the great depression, about the same time america ditched gold. I also find it hilarious that James Madison, the writer of the constitution, said that as soon as the nation stopped allowing people to trade paper money for gold and silver (like when we ditched the standard) that America would know the country had become dishonest and corrupt. He said something like the gold standard would be a check and balance on the purity of government's motives. |
| ____________________________________ [Feb 22,2010 9:57am - arilliusbm ""] Ameros or gtfo. |
| __________________________________________ [Feb 22,2010 10:01am - TheRidersofDoom ""] Whatever happened to that, didn't Bush and Mexico plus canada sign something |
| _____________________________________ [Feb 22,2010 10:03am - arilliusbm ""] Dollar will be dead in 2 years, by design. so we can go to another currency. But the eu is looking like shit right now and Greece is getting fucked over by the eu. |
| ____________________________________ [Feb 22,2010 10:23am - arktouros ""] Celine, 1934 said:This was the priceless district, I was told later, the gold district: Manhattan. You can enter it only on foot, like a church. It's the banking heart and center of the present-day world. Yet some of those people spit on the sidewalk as they pass. You've got to have your nerve with you. It's a district filled with gold, a miracle, and through the doors you can actually hear the miracle, the sound of dollars being crumpled, for the Dollar is always to light, a genuine Holy Ghost, more precious than blood. I found time to go and see them, I even went in and spoke to the employees who guard the cash. They're sad and underpaid. When the faithful enter their bank, don't go thinking they can help themselves as they please. Far from it. In speaking to Dollar, they mumble words through a little grill; that's their confessional. Not much sound, dim light, a tiny wicket between high arches, that's all. They don't swallow the Host, they put it on their hearts. I couldn't stay there long adminring them. I had to follow the crowd in the street, between those walls of smooth shadow. |
| _______________________________________________ [Feb 22,2010 1:52pm - IllinoisEnemaBradness ""] arilliusbm said:Dollar will be dead in 2 years, by design. so we can go to another currency. But the eu is looking like shit right now and Greece is getting fucked over by the eu. sure, and we'll all be using metric too:spineyes: |
| ___________________________________________ [Feb 22,2010 1:59pm - FuckIsMySignature ""] ATTN ILBrad: http://www.nbcchicago.com/news/local-beat/...xes-State-of-Illinois-84947527.html DOOMSDAY KEHD |
| ____________________________________ [Feb 22,2010 2:06pm - arilliusbm ""] I would love to use the metric system |
| ___________________________________ [Feb 22,2010 2:08pm - arktouros ""] We use the American system - so we can buy sets of tools for two standards. |
| _____________________________________ [Feb 22,2010 2:13pm - Sacreligion ""] Having to buy tools in both standards is actually what's holding the economy together. |
| ___________________________________________ [Feb 22,2010 2:15pm - FuckIsMySignature ""] if you cant duct it ...fuck it! |
| ______________________________________ [Feb 22,2010 2:35pm - the_reverend ""] right... cause the history of man isnt full of nations completely corrupt nations that traded in gold. what madison should have said was nations are corrupt and dishonest. period. the evidence is that the US still has unpaid debt on the books from the REVOLUSIONARY WAR. hello. |
| ____________________________________ [Feb 22,2010 3:02pm - arilliusbm ""] Sounds like somebody needs to retake micro and macro economics 101 again. |
| __________________________________________ [Feb 22,2010 11:49pm - TheRidersofDoom ""] the_reverend said:right... cause the history of man isnt full of nations completely corrupt nations that traded in gold. what madison should have said was nations are corrupt and dishonest. period. the evidence is that the US still has unpaid debt on the books from the REVOLUSIONARY WAR. hello. erm...they paid that shit off in hamilton's day, it's why he's on the five. It was called Assumption, it's also the reason the white house is in d.c. and not new york or philly. |
| ________________________________________________ [Feb 22,2010 11:53pm - IllinoisEnemaBradness ""] FuckIsMySignature said:ATTN ILBrad: http://www.nbcchicago.com/news/local-beat/...xes-State-of-Illinois-84947527.html DOOMSDAY KEHD haha, i know, people are going apeshit around here. I'm 5 minutes from Missouri though, so it's ok. There's a Walmart about a half hour away with a lower sales tax. |
| ________________________________ [Feb 23,2010 12:07am - Murph ""] the_reverend said:right... cause the history of man isnt full of nations completely corrupt nations that traded in gold. what madison should have said was nations are corrupt and dishonest. period. the evidence is that the US still has unpaid debt on the books from the REVOLUSIONARY WAR. hello. HELLO [img] |
| _______________________________________ [Feb 23,2010 12:33am - the_reverend ""] TheRidersofDoom said: the_reverend said:right... cause the history of man isnt full of nations completely corrupt nations that traded in gold. what madison should have said was nations are corrupt and dishonest. period. the evidence is that the US still has unpaid debt on the books from the REVOLUSIONARY WAR. hello. erm...they paid that shit off in hamilton's day, it's why he's on the five. It was called Assumption, it's also the reason the white house is in d.c. and not new york or philly. I like when people c+p words from other site. You can always tell cause they have weird caps. |
| __________________________________________ [Feb 23,2010 12:53am - TheRidersofDoom ""] the_reverend said: TheRidersofDoom said: the_reverend said:right... cause the history of man isnt full of nations completely corrupt nations that traded in gold. what madison should have said was nations are corrupt and dishonest. period. the evidence is that the US still has unpaid debt on the books from the REVOLUSIONARY WAR. hello. erm...they paid that shit off in hamilton's day, it's why he's on the five. It was called Assumption, it's also the reason the white house is in d.c. and not new york or philly. I like when people c+p words from other site. You can always tell cause they have weird caps. Nah I was just in my non-nazi grammar stage, I did copy and paste it though...from memory of reading some books all about the Assumption and Jeffereson/Hamilton |
| ______________________________________ [Feb 23,2010 1:00am - the_reverend ""] alexander hammilton died in 1804 and looking at charts with us public debt as a product of GDP, it had it in positive territories except around 1840 (40 years after hamilton's death). the charts I saw showed debt's rate of change, not accumulation so your statement of hamilton eliminating the debt of the revolutionary war is not held up in anything that I have found online yet. I will continuing looking for the chart that I saw (which subtracts social security trust fund raping) and shows that we are 53trillion in debt. |