The Fed's Power Grab--DIGG

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Bump Ahead

Guys just bumping this again, because it is looking like it could go popular!

last of the night

DIGG

ADDED A REDDIT AS WELL!!!!

What a great read booth!!!
Dugg gladly !!!

DIGG THIS GUYS!!!!

http://www.dailypaul.com/...

First of all, money is the certificate of ownership of the economy. The total money supply represents the total ownership of the economy. Money that individuals hold represents the ownership of their shares of the economy. In this way, money can become a store of value. The value of the economy is relatively stable or even grows over time, therefore, money that is the certificate of ownership of the economy can hold its value over time. People can store the value of their labor by exchanging their labor with money. Second, money is a very convenient medium of exchange that facilitates trade. Money, not only holds its value overtime, it is also easily carried and divisible into small units convenient for everyday transactions. Most people are familiar with these properties of money as a store of value and a medium of exchange, but most have forgotten or never realized that money holds these useful properties only because money is the certificate of ownership of the economy. These people never realize the vital importance of who holds the issuing power of money.

It will be important to watch how Congress will react to Paulson’s proposal on Monday, the general consensus is that the Democrats will complain that Paulson’s proposal does not go far enough to prevent another economic meltdown and therefore is unlikely to be implemented.

I guess we can only hope the bill fails, albeit for the wrong reason. This is another example of why we want the Republicans and Democrats fighting in congress. The more they fight the less real harm they can do;)

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Good luck to us all,

Lisa C.

www.women4ronpaul.com

dug