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Who will it be???
Ok, so who is the Tea Party backing for the Republican nomination? For President? I'm sure you all have done more reseach than I have, so I'd be interested in reading your opinions.
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Replies to This Discussion
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Permalink Reply by Roma and Tom Cox on
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P.S. The establishment is fighting sound money with everything in their arsenal, because they know it would put an end to their plan of world governance, and unlimited fiat money to finance it...the money trail
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: The history of fiat money, to put it kindly, has been one of failure. In fact, EVERY fiat currency since the Romans first began the practice in the first century has ended in devaluation and eventual collapse, of not only the currency, but of the economy that housed the fiat currency as well.
Rome had sound money. at first (gold and silver coins). After Rome burned, Nero was short of the money he needed to rebuild the City as he envisioned. So, unbeknoingst to the citizens, when he collected taxes, he had copper placed in the center of the silver coins so he ended up with more coins than he collected, and this financed his grand scheme.
Emperors that succeeded Nero liked the idea of devaluing their currency in order to pay the bills and increase their own wealth. By 218, the denarius was down to 43% silver, and in 244, Emperor Philip the Arab had the silver content dropped to 0.05%. Around the time of Rome’s collapse, the denarius contained only 0.02% silver and virtually nobody accepted it as a medium of exchange or a store of value.
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I hope I'm wrong too John. Only time will tell. Like you I voted against OBozo. But this time I'll probably be voting against OBozo and the Republican. What a way to have to select your "leader" huh?
Roma & Tom, What do you think about "Bit Coin"?
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Bitcoin represents a brand new and risky concept, the value of which is not backed by any formal entity. As a young and unestablished currency, it is only worth something because people are willing to trade it for goods and services. A quick glance at the Mt. Gox exchange reveals that the Bitcoin's worth still fluctuates often, and wildly; it lacks wide acceptance and is still vulnerable to a small-disturbances. Hacked accounts can still trigger major sell-offs, and fluctuations can transform into positive feedback loops that destabilize the entire network. Anyone who puts money into Bitcoin runs the severe risk of losing all of it. As Bitcoin becomes better known and more widely accepted, it should stabilize, but right now, and for some time to come, it will remain unpredictable. Any investment in Bitcoin represents a highly insecure strategy.
https://en.bitcoin.it/wiki/FAQ
It appears to me that it is a computer version of fiat money
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Yeah, I look at it pretty much the same way. But then I keep thinking the U.S. Dollar is just an I.O.U. any more. Based only on the "full faith and credit" of our government. That makes the dollar worth about 1.5 cents in my mind. I don't think Benny can keep up the rouse much longer. Or about the same value as Bitcoin. I have no faith in the current government (or rather the people currently in charge) and the credit risk is way too high with the debt already over 15 trillion of those I.O.U.'s. I'm not sure that Bitcoin is that much more risky.
If you move to gold, the government can confiscate that again just like they did before, and they might include silver this time. It's terrible when you essentially have a mafia running the country. And Congress is part of that mafia with a jihadist in the White House. Thank you very little Spkr. John Bonehead.
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The news is reporting that the economy is improving, but do not report that the Federal reserve (with their unlimited fiat money) is investing in the stock market to make it appear that we are in a recovery.
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Quantitative easing is when a central bank prints money out of thin air and uses that money to buy government bonds, mortgages, and junk bonds from banks and other financial institutions, in the process they expand their balance sheet and give banks excess reserves which they hope they will lend out and stimulate the economy as a result.
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but now the Fed has been leaking stories to the Wall Street Journal that they are thinking of buying smaller amounts of bonds multiple times spread out over several meetings. One goal is to bring long-term bond rates down to below 2% in order to help the mortgage refinancing market in 2011.
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Read more here: http://www.marketoracle.co.uk/Article23246.html
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Foreign Countries are blaming us for the demands the IMF is requiring of them when they receive bailouts. They say that we are the biggest contributors to the IMF, so we are to blame. What they do not know is the IMF takes their direction from the Federal Reserve...not the American people. We do not want to be forced to bailout foreign countries and banks. A cartoon from 1913 tried to warn us:
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Isn't it amazing how history keeps repeating itself when people can't, don't, or won't learn from their previous mistakes and the mistakes of others? That's what has me more frustrated then anything else this election season. Then I see Jenny Beth Martin on Tom Sullivan (I think it was) saying the Tea Party Plan is a 40 year plan. Why doesn't she and others at the top understand that we don't have the luxury of 40 more years?
Roma and Tom said:Foreign Countries are blaming us for the demands the IMF is requiring of them when they receive bailouts. They say that we are the biggest contributors to the IMF, so we are to blame. What they do not know is the IMF takes their direction from the Federal Reserve...not the American people. We do not want to be forced to bailout foreign countries and banks. A cartoon from 1913 tried to warn us:
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"Quantitative easing" is FED speak for "All you people who will benefit from runaway inflation, I'm going to give it to you." and "You commoner's out there are going to get screwed big time again by those of us in charge, that you don't have a say in, but I didn't tell you that."
"They" are now talking $5 gas. What is going to stop it there? How about $6 or even $7 dollar gas. That's what OBozo said when he was running in 2008. I guess no one heard that remark, or else forgot.
John said:Quantitative easing is a word used to make the inflation of our currency sound important to the uninformed masses of sheeple...
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John said:In the last election, I did not vote for McCain... I voted against 0ßama! Held my nose... But it's my opinion that Romney would be no different in reality than 0sama... Look at Romney's record of following the political winds. Seems they favored the liberal majority. He's a moderate at best and that's what the GOP thinks is what will get the GOP into office.
The GOP is wandering in the desert!
Jack Wright said:At this point I don't care who gets the nomination as long as it is someone besides Romney.
As much as it may turn my stomach I am not the type to just give up..............what about you?
Jack, Does this mean you are now a Ron Paul supporter? The other three are all grains of salt in the same shaker. If you don't want salt, better pick up the pepper shaker!
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