GOLDBUG: Time to return to Constitutional money

Sunday, July 4, 2010

Can gold be valued in currency or is itself money?
Published on June 21, 2010 14:45:00 IST

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My suggestion to Ron Paul and all those wanting to return to gold, is the best way to accomplish this is not by proclaiming your determination to replace the Federal Reserve Board with the gold standard, but to attack the legal tender laws of this country.

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The key is to go after the governments monopoly on money. If broken, gold will find it’s way into the monetary system, as it is today, and reclaim it’s superior role as long as it is not prevented from doing so. Legal tender laws do just that. They prevent choice.

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If governments fail to get their fiscal houses in order there is no telling what the future will bring. Gold offers some semblance of security. Among other things, it is a hedge against stupidity. Given the almost criminally reckless fiscal policies of government, who in his right mind would not want to protect himself. And if a currency crisis occurs, who would believe the promises of a new government paper currency in light of the broken promises of governments everywhere. Gold is not a promise that can be broken, and therein lies its present appeal.

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To all the pundits that believe a gold standard is impractical, I suggest they look at the present fiat system and then judge it against the hundred years of monetary stability we enjoyed in years past under the gold standard. Then talk to me about which system is practical and which system is not.

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The Dead Old White Guys had just experience the inflation of paper money. They saw first hand how it let the Gooferment buy more than it had without any check or balance.

By the creation of the Federal Reserve Bank —

(which: ain’t “federal”; it’s a private cartel of banks; ain’t a “reserve” of anything; it’s ious with the taxpayer being the ower; and ain’t a bank; it’s a price fixing machine that makes the bankers rich and the politicians with an unending supply of spendable “money”.)

— they have made the Dead Old White Guys’ worst nightmare true. Unchecked gooferment.


Time to roll back “progress” and go back to gold.

As a check on gooferment spending. ANY gooferment!

How can we be “independent” without honest money?!

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POLITICAL: Dead Old White Guys were smart!

Wednesday, March 3, 2010

Friday, February 26, 2010
More Senate disfunction
Hank Kalet

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Amending the U.S. Constitution to reconstitute the Senate would likely be impossible, however, because the compromise enshrined small-state power in the amendment process. But the Senate cannot continue to (mal)function the way it has.

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The Dead Old White Guys were afraid of the “mob”. They tried to throw road blocks into the “road to serfdom”, the path to perdition, or the fast lane to tyranny.

We mess with their grand design at our own peril. Their “weak president” has become a near dictator waging foreign wars of aggression at will without a declaration and expanding welfare by corruption with inter-generational theft. The direct election of senators has allowed unfunded federal mandates. The creation of the FED, a banking monopoly cartel, has allowed the budget deficit / national debt to explode. The “income tax” amendment has allowed the federal government to steal our wealth with ease. “Social security” has damaged the civil society in numerous ways — not the least of which was to create a slush fund for spending and stick the bill to future generations!

Argh, we need to go back to the ORIGINAL constitution and cut the gooferment down to a reasonable size to protect us from force or fraud and Nothing else. imho!

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POLITICAL: Messing with the DOWG’s design

Sunday, October 18, 2009

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The issue here is the filibuster itself. It’s time to end this archaic procedure and take away the ability of a group of small-state Senators to hold the American people hostage.

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Herb, herb, herb, … don’t you realize that the Dead Old White Guys feared democracy as mob rule. Hence, they tried to throw road blocks into the “popular will”.

Lifetime appointment for judges and six year term Senators selected by the State Legislature were just two of the roadblocks they put in as ways to be a “republic”.

They were also concerned that large states would overwhelm the little one. Why would a small state support the arrangement where they are always outvoted.

You “liberals” are always willing to change the rules to get your way. Note the Massachusetts change and rechange how to fill Kennedy’s / Kerry’s seat.

The reason that many states are talking secession is that the don’t want to “play along”. In short order, you may find that Vermont, Texas, Montana, and who know who else may seek to “leave the party”.

Leave filibuster alone. Unless you’re prepared to eventually fracture the Union. Remember in 2010, your precious “virtuous” D’s may be in the minority and need the fillibuster to keep the “villainous” R’s from passing this or that. (As if there was any difference between the two.)

Remember the R’s got the two term limit to prevent another FDR and prevented Ike. That gave us Nixon. And, we see how well that worked out.

Don’t mess with the Dead Old White Guys’ design. Can we now repeal the direct election of Senators? That hasn’t worked out so well either!

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INTERESTING: WWJD with health care

Monday, August 17, 2009

Health Care Reform: WWJD?
Posted by Michael F. Cannon

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Sympathy and sentiment are wonderful but do not always work well as criteria for good policy.

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A very funny quick read. I think EVERYONE should read it.

ROFL, about J being a policy wonk.

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POLITICAL: Terminate the TSA

Saturday, August 15, 2009

Airlines to Require More Passenger Data

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WASHINGTON — Airlines this week will begin requiring some people making reservations for domestic flights to submit their dates of birth and genders as part of a screening process aimed at keeping boarding passes out of the hands of suspected terrorists, the Transportation Security Administration said.

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I’ve got a novel idea. Let’s nuke the TSA. Make airlines responsible for security. Could they possibly do a worse job than the gooferment?

And, we won’t have to pay salaries and gooferment pensions to all these folks.

Why is the taxpayer in the business of running airport security? Why is the taxpayer in the airport business? Why is the taxpayer in the airline business?

You get the idea!

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GOVEROTRAGEOUS: Gooferment expanding in other directions

Wednesday, August 12, 2009

August 10th, 2009 at 9:16 am
Are Local And State Governments In The U.S. Getting Too Big?

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A new local government now emerges, on average, once a day in the United States. “I think it gives you a fair sense of the scale of growth that warrants attention,” says Nick Dranias, director of the Center for Constitutional Government at the Goldwater Institute, a public policy think tank in Phoenix, Arizona. For example, according to the California state government Web site, “within California, there are 58 counties, 468 cities, and over 3,400 special districts, exclusive of school districts.” Dranias believes that “few [special districts] are models of limited government restrained by a system of checks and balances,” arguing that these bodies are often driven by special interests.

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Of course, my immediate answer is yes.

“Special Districts” represent a new threat to liberty. Overlapping gooferments. With lots more paid staff. With pensions.


How dumb are we?

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MONEY: What is the correct interest rate?

Thursday, June 18, 2009

Your Take: FDIC Sets Bank Interest Rate Caps by Jim Wang

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Federal Deposit Insurance Corporation SealNear the end of May, the FDIC Board of Directors approved a rule that capped the interest rate “less than well capitalized institutions.”

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And, what part of fascism don’t you understand?

The gooferment is trying to run the banks.

What a joke.

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