Obama signed the Children’s Health Insurance Reauthorization Act on February 4, 2009, which provides quality health care to 11 million kids – 4 million who were previously uninsured.
That am socilism no? We cant have this let them kids go get jobs like they do in chinese!
Like they done said on the fox news Obama as socialist, comunist, muslim, gay, with a mean priest and i don't like all the fancy words he uses. at leest Bush talkd normill.
And the govirnment better not take over my medicair! With a nazi death panel! I hate nazis!
God bless America, we need to bring the religion back into the law, this country is founded on Gods wurd and the republicans know that! Like it says in the treety wit Tripoli!
thees libirals are all beleving in science, its the devils work, We need Palin! Only she can bring creationism back to the scools! like our foundin fathers wanted! Go Glenn BEck!
Amen May the God bless ya all!
QWAK,williamjenn...,Generly speaking for the first 100 years there was little or NO inflation in the USA as the amount of NEW GOLD and SILVER that was mined and minted in to coin kept pace with the expanding population and prices remained about the same except for ocasional blips caused by local short term events like fires or floods etc. and some merchents exploiting the local conditions.
Most people just do not understand that the "MODERN MONEY" system (CURRENCY actualy) is based on an ILUSION of MONEY not actual money -- the CURRENCY comes in to existence WHEN it gets BARROWED -- NO ACTUAL MONEY is loaned and the banks get to colect INTRIST on NONEXISTENT money -- just because people THINK it IS money! I know it sounds CRAZY but that is how it actualy works AND when you add in FRACTIONAL BANKING ware banks can loan out 9 out of 10 dollars on deposit and LOAN back and forth to other banks there are NO LIMITS to the amount of currency that can be CREATED.
The current system MUST continue to EXPAND expotentialy or it IMPLODES -- even slowing too much can set of the INEVITABLE IMPLOSION.
With out a LIMITING FACTOR that is out side the control of the BANKERS and there corrupted GOVERNMENTS it is just a question of WHEN the IMPLOSION happens and so far in all the 150+ FIAT currencies that have been allowed to become UNBACKED or LIMITED by GOLD -- every single one IMPLODED in 50 years or LESS -- usaly LESS! It has been 38 years since the US DOLLAR went FIAT and in that 38 years the actual purchasing power of indivigual dollars has LOST over 90% and the last fiew years that is happening FASTER and FASTER!
Duck, you must admit that you have a tendency to over simplify:
Duck, if you want a better perspective on inflation vs. your Mustang analogy. You remember that from 1834 until the 1971 our money was supposedly tied to gold as you mention. Are you suggesting no inflation if we have a gold standard?
The entire budget for the Lewis and Clark expedition was $2500 including about $700 for the purchase of gifts for the Indians.
I can guarantee that an expedition of this scope would cost over $2500 in 1971!!
So, I don’t see your point based on the price of a Mustang. Inflation occurs just due to a multiplicity of reason, including supply and demand laws.
Jefferson directed Lewis to draw up an estimate of expenses. Basing his calculations on a party of one officer and 10 enlisted men-the number was deliberately kept small to avoid inspiring both congressional criticisms and Indian fears of invasion-Lewis carefully added up the costs for provisions, weapons, gunpowder, scientific instruments, and a large boat. The final tally came to $2,500. The largest item was $696, earmarked for gifts to Indians.
Following the advice of his secretary of the treasury, Albert Gallatin, Jefferson decided not to include the request in his general proposed annual budget, since it involved exploration outside of the nation's own territory. Instead, on January 18, 1803, he sent a special secret message to Congress asking for the money, taking pains to stress that the proposed exploration would be an aid to American commerce. Jefferson noted that the Indians along the proposed route of exploration up the Missouri River "furnish a great supply of furs & pelts to the trade of another nation carried on in a high latitude." If a route into this territory existed, "possibly with a single portage, from the Western ocean," Jefferson suggested Americans might have a superior means of exploiting the fur trade. Though carefully couched in diplomatic language, Jefferson's message to Congress was clear: a U.S. expedition might be able to steal the fur trade from the British and find the long hoped-for Northwest passage to the Pacific.
Incidently, there main gun was an air powered pellot gun. It's resevoir was hand pumped up to about 2000psi.These guys were even more frugal than you are.
Anyway, you ae correct that if there is no credible limit to money supply. The dollar will die, Just as in other historic examples.
sizzy frenchy Konu told sippi "Nice diatribe. However Nixon wasn't around in 1977. What else is inaccurate?"
liKe how u alwayzz try to find an error or try to slam someonz post
datz y i luv it when mad dog alfala rips u a new 1
QWAK,canucanoe,Jonson took away the SILVER after Kennedy was KILLED-- partialy to STOP the executive order HE had signed (yes) that would have the TRESURY issue SILVER backed DOLLARS -- Jonson recended the order befor Kenedies body was COLD!!
Nixon took us OFF the GOLD STANDARD Aug. 15 1971 by DEFAULTING refusing to PAY other countries in GOLD as PROMISED!
GOLD and SILVER are the ONLY LEGAL US MONEY -- that is why the MINT MUST BY LAW produce and sell GOLD and SILVER EAGALS!
There is a HUGE diference between US MONEY and US CURRENCY -- it AINT just SEMANTICS!
Thanks for the heads up Duck!
Also, while reading up on the book They Own it All (Including You) I came across these points of interest:
1. Where did the international bankers get all that political power?
Why, from their alliances with the politicians of each country, through favorable loans, conditions, legislation that the bankers help write, and other dealings and interactions .
2. Where did the international bankers get all their money?
Why, from legislation passed by the politicians that allowed "public" funds to flow through their hands. For instance, the U.S.Constitution authorized the congress to "coin money and establish the value thereof...". It did NOT GIVE THE CONGRESS THE AUTHORITY TO DELEGATE THAT FUNCTION TO A PRIVATE INTERNATIONAL BANK, WHICH WOULD PRINT OUR MONEY AND LEND IT BACK TO US AT INTEREST, WHICH WE ALL GET TO PAY IN INCOME TAXES!
Which is bad enough. But now we are not dealing with gold and silver, which is real money, but with Federal Reserve Notes, which are not dollars ( a dollar is defined as a given weight of gold or silver, not paper) but is an IOU of the federal government to the Federal Reserve Bank. In commercial terms it is a "debt instrument", and since we are all conducting our daily business exchanges with "debt instruments", commercial law labels us as "debtors."
We also lose our common law status as citizens and, under commercial law, are "debtors". We can never become "creditors" until our debtor status is removed by payment in gold or silver. But FDR removed gold from currency status in 1933, and Nixon removed silver in 1977, so we remain "debtors". And who is the creditor? Look at the top of your (dollar) bill. The Federal reserve bank literally "owns" us and everything we used federal reserve notes to purchase, like our house, our car, ..... EVERTHING WE THINK WE OWN!
hmmm, nothing like the stupidity to accept in full faith the currency of an autocratic, even dictatorial, monetary regime. Duck, sometimes you defeat your own goals. What you just posted is how stupid people are. They do not support your position.
QWAK,>>> They Own It All (Including You!)
THIS BOOK WILL PROVE TO YOU THAT ALL CURRENCY IN
THE WORLD IS TOXIC RESULTING IN THE FOLLOWING:
1. You are legally a debtor and chattel (property) owned by a hidden creditor.
2. There is a hidden lien on everything transacted for by or with a Federal Reserve Note.
3. Your entire alleged wealth is/has been liened, you don’t own anything! You merely have possession by privilege. This privilege may be yanked at any time if you don’t obey the real owner.
4. The Federal Reserve Note is a foreign product owned by a foreign corporation, and not by you or the U.S. government.
5. The States and the United States courts are bankruptcy courts representing the interests and property of the foreign creditor.
6. Without knowing it, you have been compelled into international commercial law, where you have none of your unalienable
rights. Hence, you have been insulated from your birthright, the common Law from which your rights are immutable.
7. You are charged an income (excise) tax for transacting in the foreign commodity known as Federal Reserve Notes.
8. You have been divested of the rights to, value of, and profits from your labor, which has been stolen.
9. Lawful gold coin (pre 1933) money transactions are invisible to the states and national government(s).
10. The real cause of draconian governmental regulation and your loss of rights is the toxic currency.
11. The United States lost its sovereignty in 1933. It is in receivership to the hidden creditor. The bankrupt government is a puppet to the real master, as declared by Banker Rothschild on the cover.
12. The real cause of the current economic calamity is the toxic currency.
13. The hidden creditor (international bankers) owns everything, including you.
14. You have been living within an illusion, believing that you are free, but in reality you are owned!
With this knowledge comes the singular remedy!
THINK about IT -- think about it REAL HARD!
QWAK,There OWN OLD CURRENCY is BETTER than US DOLLARS and thist is just the BEGINNING!
NKARA, October 28 (RIA Novosti) - Turkey is switching to national currencies in trade with Iran and China, ending dependence on the U.S. dollar and the euro for about 20% of its commodity turnover, local media reported on Wednesday.
Turkey has already switched to settlements in national currencies with Russia amid weakening confidence in the greenback as the world's major reserve currency. The move was initiated by Turkish President Abdullah Gul during his visit to Moscow in February.
Turkey's decision to make settlements with Iran and China in national currencies was announced during a visit to Iran by Turkish Prime Minister Recep Tayyip Erdogan. The Turkish premier told a Turkish-Iranian business forum on Tuesday that the countries had prepared a legal framework for transition to settlements in national currencies.
"We have adopted a necessary legislative act and are prepared for the transition," the Turkish newspaper Milliyet quoted Erdogan as saying.
According to the paper, Turkey's trade with Russia, Iran and China exceeds $65 billion a year. Russia is Turkey's largest trade partner, with $37.8 billion commodity turnover registered last year.
Russian Prime Minister Vladimir Putin said on October 14 that Russia was ready to consider using the Russian and Chinese national currencies instead of the dollar in bilateral oil and gas dealings.
"We are ready to examine the possibility of selling energy resources for rubles, but our Chinese partners need rubles for that. We are also ready to sell for yuans," Putin said.
Britain's Independent newspaper reported in early October that Russian officials had held "secret meetings" with Arab states, China and France on ending the use of the U.S. dollar in international oil trade.
The countries are reportedly seeking to switch from the dollar to a basket of currencies including the euro, Japanese yen, Chinese yuan, gold, and a new unified currency of leading Arab oil producing countries.
The Independent said the meetings have been confirmed by Chinese and Arab banking sources, although Russian officials said they had no knowledge of the talks.
NOT good for the future value of DOLLARS! :(