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The Federal Reserve robbed all the real banks and stole all the real money years and years ago

Submitted by MikeLawson on Wed, 04/22/2009 - 23:39
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http://query.nytimes.com/mem/archive-free/pdf?res=9D02E0DA15...
Where did it all go?

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Gold is not real money

Submitted by PortlandOregon on Thu, 04/23/2009 - 00:54.

unless it is monetized (accepted as payment for taxes) by the state.

It's an interesting material, though. Curiously heavy and malleable. Often mined and stored in places controlled by powerful people.

There are two factions who want to see the end of the United States:
1) those who favor global government and
2) those who favor secession.

Goldbugs unknowingly serve the globalists.
Local currency activists welcome secession.

The ultimate local currency: neighborhood barter exchange credits recorded on a public ledger.

Gold absolutely is money in

Submitted by Samuel Howell Jr. on Thu, 04/23/2009 - 06:32.

Gold absolutely is money in the United States of America. Check your Constitution.

Baloney.

Submitted by Henry on Thu, 04/23/2009 - 04:39.

If gold serves the globalists, explain why there was not global government during all the many centuries when gold and silver coins circulated as money.

You need to read Ron Paul's 1982 book, "The Case for Gold" to see the destructive effect of script in American Colonial days, which you call local currencies.

There has been a Populist movement for years wanting to scrap the current monetary system in favor of one where government just prints up paper money and spends it into existence. The current system is one where paper money is printed up with presses or electronically, and loaned by banks into existence. Both systems are destructive because the money supply expands, debasing the existing supply and transferring wealth out of the hands of people who earn it into the money issuers' hands.

If you asked Ron Paul about the validity of local governments issuing their own currencies and spending it into existence, I am sure you would get a serious rebuke. Your advocacy of local currencies is just another scheme to feed big government.

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"The deepest sin against the human mind is to believe things without evidence." Thomas H. Huxley

I think you need to look up the definition of money.

Submitted by jcr@mac.com on Thu, 04/23/2009 - 02:51.

Money is any commodity that people accept in payment. Government isn't the only player that matters.

-jcr

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"The problem with trying to child-proof the world, is that it makes people neglect the far more important task of world-proofing the child." -- Hugh Daniel

Did Owen D. Young serve on

Submitted by Miguel on Thu, 04/23/2009 - 02:37.

Did Owen D. Young serve on the board of the federal reserve bank of New York at the same time he was head of G.E.?

Reading from a couple of

Submitted by Miguel on Thu, 04/23/2009 - 03:39.

Reading from a couple of sources he did.

The chairman has always been as astute too

Submitted by MikeLawson on Wed, 04/22/2009 - 23:48.

http://news.google.com/newspapers?id=-pwNAAAAIBAJ&sjid=nWgDA...
Read why he decided to get a new job in 1932 instead of 1930. "The nation's credit is strong now"

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