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(Washington Post)   Republicans in Virginia are moving forward with their plans to create a new State currency so that when the Federal Reserve crashes, they're ready   (washingtonpost.com) divider line 67
    More: Interesting, Federal Reserve, Virginia  
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6418 clicks; posted to Main » on 25 Jan 2013 at 2:37 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Funniest)
View Voting Results: Smartest and Funniest


Archived thread
2013-01-25 03:57:03 PM
5 votes:
growlersoftware.com
2013-01-25 03:34:37 PM
5 votes:
What the proposed Virginia money might look like:
imageshack.us
2013-01-25 02:45:13 PM
4 votes:

cookiefleck: I'd love to see what their papermoney would look like.


i321.photobucket.com
2013-01-25 02:42:03 PM
4 votes:
I gotta admire their moxie. Somehow, the currency backed by the full faith and credit of the federal government of the United States won't be enough, but Virginia -- surely the greatest of the 50 states -- will be trustworthy in the eyes of the world.
2013-01-25 01:46:11 PM
4 votes:
when the Federal Reserve crashes


I stockpiled Geoffrey Dollars against just such an eventuality.
2013-01-25 04:28:31 PM
3 votes:

HartRend: HartRend: Matthew Keene: HartRend: [theeconomiccollapseblog.com image 850x390]

John Wilkes Booth killed JFK for printing those.

I know, but the sheeple have no clue.

Oswald...


Oswald killed Warren G. Harding in San Francisco in 1923. Get your shiat straight.
2013-01-25 03:44:12 PM
3 votes:

david_gaithersburg: A whole lot of but hurt in this thread.

I need to look at buying a house on the other side of the river.


They might not take your money.
2013-01-25 03:17:07 PM
3 votes:

HartRend: Just_a_Bear: Meh, it only violates the Constitution, no big deal.

The federal reserve violates the constitution.
The constitutions guarantees the right of congress to print and coin money / set standards and weights.
Congress has given up their right to the Fed, and thus the taxation without representation.


t2.gstatic.com
2013-01-25 02:44:21 PM
3 votes:
Ima probably spend all my Virginiabux™ on rape wands.
2013-01-25 08:24:51 PM
2 votes:

The Larch: HartRend: Considering the number of states attempting to succeed from the USsA right now, I don't think I'm the only one with this opinion of the Fed/SCOTUS

Well, yes. I'm pretty sure all 50 states are trying to succeed.

// I think the word you were looking for was "secede".
/// And, zero is a number.
//// All zero states trying to secede right now proves your point.


i172.photobucket.com
2013-01-25 04:31:23 PM
2 votes:

HartRend: grimlock1972: violation of the constitution plain and simple. Repubs if you don't want the federal reserve system to crash then quit putting party ahead of country and do what needs to be done.

It has already crashed. We are still propping it up.

It is not an IF, it is a when.


Yes, and the roof of my house fell down already, but the walls are still propping it up.
2013-01-25 03:52:39 PM
2 votes:
Teeth? Is the new currency teeth?

Rare
Valuable
Finite supply
Fits right in your pocket
2013-01-25 03:46:30 PM
2 votes:

david_gaithersburg: A whole lot of but hurt in this thread.

I need to look at buying a house on the other side of the river.


I really hope they don't have internet access there.
2013-01-25 02:45:44 PM
2 votes:

impaler: No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility.


The Constitution is just like, your opinion, man.
2013-01-25 02:45:34 PM
2 votes:

Sin_City_Superhero: Measures like this wouldn't be needed if Soshalist Muslin HUSSEIN Fartbongo weren't farking up our country!


Inorite? If he wasn't made of muslin, maybe instead a good silk or even cotton, I'd be all for him. It's that muslin that gets to me.
2013-01-25 02:41:02 PM
2 votes:
Since it's by that party the money is being backed by rape
2013-01-25 02:02:36 PM
2 votes:
Virginia: Where radar detectors are illegal but DON"T YOU DARE TOUCH MAH GUNS 0BONGO!
2013-01-25 01:10:13 PM
2 votes:
Dear Republicans:

So long as you keep incredibly stupid shiat like this up, please stop getting outraged when the rest of us tell you that you don't understand how money works. Because clearly, you don't. And this is Exhibit #1 as to why you shouldn't be allowed control of a $10 piggybank, much less a state or national economy.

Thanks,

Those of us who DO understand how money works
2013-01-25 07:00:35 PM
1 votes:

flagrante: Stinkyy: whistleridge: Dear Republicans:

So long as you keep incredibly stupid shiat like this up, please stop getting outraged when the rest of us tell you that you don't understand how money works. Because clearly, you don't. And this is Exhibit #1 as to why you shouldn't be allowed control of a $10 piggybank, much less a state or national economy.

Thanks,

Those of us who DO understand how money works

[media.tumblr.com image 250x257]

I see. The Ds forgot that thing they exploded that also starts with D.

[static6.businessinsider.com image 825x616]


Dude, that graph is flagrante delicto. Nobody compares to B.O. when it comes to sending us hurtling into astro-debt.

blog.heritage.org
2013-01-25 06:30:06 PM
1 votes:

HartRend: Considering the number of states attempting to succeed from the USsA right now, I don't think I'm the only one with this opinion of the Fed/SCOTUS


Well, yes. I'm pretty sure all 50 states are trying to succeed.

// I think the word you were looking for was "secede".
/// And, zero is a number.
//// All zero states trying to secede right now proves your point.
2013-01-25 05:40:40 PM
1 votes:

doyner: If Derp was a currency we could buy a lot of stuff with this thread.


Well, we just discovered the LOL-worthy Laziness Index. Perhaps you'd like to go for a Nobel Prize in Economics by creating a way to measure Derp Inflation? All I know is the Derp Dollar doesn't go as far as it used to, but there's a lot more of it. ;-)
2013-01-25 04:59:53 PM
1 votes:

theorellior: Amos Quito: You like bubbles?

You want bubbles? You know nothing of bubbles. Nothing in the 20th century can compare to early modern economic bubbles. Be glad. Be very glad.


www.loudinc.ca
2013-01-25 04:59:51 PM
1 votes:

theorellior: You want bubbles?


www.popcrunch.com
2013-01-25 04:54:59 PM
1 votes:

HartRend: doyner: HartRend: So because 3 people interpreted it this way

WAT?

SCOTUS = Very small population (9 or so)

America = Not so small population

Could it be that these few individuals may have a personal interest in ensuring the existence of the Federal Reserve?

Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

Could it be that your government doesn't give two shiats about you?

What scale is harder to tip, 300 + Million Americans, or 9 assholes who think they know it all?


Wait! You mean you aren't trolling? You...you actually believe this?
2013-01-25 04:54:54 PM
1 votes:

theorellior: HartRend: Go check out gold prices, see what the real buying power of your dollar is.

Oh, goody, you are a gold bug!

Please, then, tell me how we're supposed to run a $70 trillion world economy on $9 trillion worth of gold?


By deflating currency until the gold bugs become so relatively wealthy they become hereditary monarchs. duh.

Libertarianism = Pining for a return of the Hapsburg Empire.
2013-01-25 04:53:22 PM
1 votes:

spawn73: If the US Dollar collapses the world would be pretty farked.

However I assume people would start using another currency automaticly, even if it's a canned soup based one.


Got change for a Cream of Mushroom?
2013-01-25 04:52:57 PM
1 votes:
If Derp was a currency we could buy a lot of stuff with this thread.
2013-01-25 04:51:58 PM
1 votes:

nekulor: HartRend: nekulor: HartRend: nekulor: HartRend: nekulor: HartRend: doyner: HartRend: So because 3 people interpreted it this way

WAT?

SCOTUS = Very small population (9 or so)

America = Not so small population

Could it be that these few individuals may have a personal interest in ensuring the existence of the Federal Reserve?

Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

Could it be that your government doesn't give two shiats about you?

What scale is harder to tip, 300 + Million Americans, or 9 assholes who think they know it all?

You sound like my Bible-thumping, Alex Jones-loving cousin. He's a goddamn idiot.

Yea fark those bible people, they're always up to no good!

The God-botherer crowd, that thinks the world is 6000 years old and evolution is a lie? Yea, they are. They're Luddites, and civilization would be better off without them.

Maybe we should march them in to chambers, that we fill with gas, and eliminate them from the gene pool.

I doubt anybody has tried that before.

Oh boy, somebody Godwinned the thread. You know, for the entertainment value alone, I'm going to argue, yes. Yes we should. They're holding us back as a species.

You couldn't kill anybody, I can tell from here.
The first time you squeeze the button, with a face on the other side of your front sight post, you puke a little in your mouth.

Go fight in the middle east, and then come back and tell me you want to murder for pleasure.

I'm sure I could, I am quite familiar with rifle and shotgun, but I wouldn't do it willingly.

I was making a point: Nazi arguments are retarded because no one would resort to that in any reasonable circumstance. You're building strawmen in this thread faster than anyone can tear them down, and you're doing it because you suck at arguing. Your points aren't real points, they're vague conspiracy theories that are only supported by a fringe group of people, which is convenient, because you ...


And you think we live in a "reasonable" world.
I got news for you, it is anything but...
2013-01-25 04:50:00 PM
1 votes:

HartRend: HartRend: CheekyMonkey: HartRend: grimlock1972: violation of the constitution plain and simple. Repubs if you don't want the federal reserve system to crash then quit putting party ahead of country and do what needs to be done.

It has already crashed. We are still propping it up.

It is not an IF, it is a when.

Yes, and the roof of my house fell down already, but the walls are still propping it up.

Do you see any new jobs? How are things where you are.
Where I am at, things are shiatty. People are homeless living on the street begging for change.

Anybody who can look out their window, and say to themselves, damn things are better today than they were yesterday, is probably blind.

Maybe you could just take your ass to ANY other country on the planet, that doesn't tolerate religion, think you would be happier there?


It's bad news when you start talking to yourself...
2013-01-25 04:47:11 PM
1 votes:

HartRend: nekulor: HartRend: nekulor: HartRend: nekulor: HartRend: doyner: HartRend: So because 3 people interpreted it this way

WAT?

SCOTUS = Very small population (9 or so)

America = Not so small population

Could it be that these few individuals may have a personal interest in ensuring the existence of the Federal Reserve?

Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

Could it be that your government doesn't give two shiats about you?

What scale is harder to tip, 300 + Million Americans, or 9 assholes who think they know it all?

You sound like my Bible-thumping, Alex Jones-loving cousin. He's a goddamn idiot.

Yea fark those bible people, they're always up to no good!

The God-botherer crowd, that thinks the world is 6000 years old and evolution is a lie? Yea, they are. They're Luddites, and civilization would be better off without them.

Maybe we should march them in to chambers, that we fill with gas, and eliminate them from the gene pool.

I doubt anybody has tried that before.

Oh boy, somebody Godwinned the thread. You know, for the entertainment value alone, I'm going to argue, yes. Yes we should. They're holding us back as a species.

You couldn't kill anybody, I can tell from here.
The first time you squeeze the button, with a face on the other side of your front sight post, you puke a little in your mouth.

Go fight in the middle east, and then come back and tell me you want to murder for pleasure.


I'm sure I could, I am quite familiar with rifle and shotgun, but I wouldn't do it willingly.

I was making a point: Nazi arguments are retarded because no one would resort to that in any reasonable circumstance. You're building strawmen in this thread faster than anyone can tear them down, and you're doing it because you suck at arguing. Your points aren't real points, they're vague conspiracy theories that are only supported by a fringe group of people, which is convenient, because you can argue the horrible drive-by lamestream media isn't taking your concerns seriously because fraternities Illuminati contrails 9/11 was an inside job.
2013-01-25 04:41:21 PM
1 votes:

nekulor: HartRend: nekulor: HartRend: nekulor: HartRend: doyner: HartRend: So because 3 people interpreted it this way

WAT?

SCOTUS = Very small population (9 or so)

America = Not so small population

Could it be that these few individuals may have a personal interest in ensuring the existence of the Federal Reserve?

Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

Could it be that your government doesn't give two shiats about you?

What scale is harder to tip, 300 + Million Americans, or 9 assholes who think they know it all?

You sound like my Bible-thumping, Alex Jones-loving cousin. He's a goddamn idiot.

Yea fark those bible people, they're always up to no good!

The God-botherer crowd, that thinks the world is 6000 years old and evolution is a lie? Yea, they are. They're Luddites, and civilization would be better off without them.

Maybe we should march them in to chambers, that we fill with gas, and eliminate them from the gene pool.

I doubt anybody has tried that before.

Oh boy, somebody Godwinned the thread. You know, for the entertainment value alone, I'm going to argue, yes. Yes we should. They're holding us back as a species.


You couldn't kill anybody, I can tell from here.
The first time you squeeze the button, with a face on the other side of your front sight post, you puke a little in your mouth.

Go fight in the middle east, and then come back and tell me you want to murder for pleasure.
2013-01-25 04:39:25 PM
1 votes:
I thought all the wackos had joined the Libertarian Party.
2013-01-25 04:38:16 PM
1 votes:

Stinkyy: I see. The Ds forgot that thing they exploded that also starts with D.


We exploded dirigibles? Oh, the humanity!
2013-01-25 04:37:06 PM
1 votes:

HartRend: nekulor: HartRend: nekulor: HartRend: doyner: HartRend: So because 3 people interpreted it this way

WAT?

SCOTUS = Very small population (9 or so)

America = Not so small population

Could it be that these few individuals may have a personal interest in ensuring the existence of the Federal Reserve?

Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

Could it be that your government doesn't give two shiats about you?

What scale is harder to tip, 300 + Million Americans, or 9 assholes who think they know it all?

You sound like my Bible-thumping, Alex Jones-loving cousin. He's a goddamn idiot.

Yea fark those bible people, they're always up to no good!

The God-botherer crowd, that thinks the world is 6000 years old and evolution is a lie? Yea, they are. They're Luddites, and civilization would be better off without them.

Maybe we should march them in to chambers, that we fill with gas, and eliminate them from the gene pool.

I doubt anybody has tried that before.


Oh boy, somebody Godwinned the thread. You know, for the entertainment value alone, I'm going to argue, yes. Yes we should. They're holding us back as a species.
2013-01-25 04:34:47 PM
1 votes:

theorellior: HartRend: Go check out gold prices, see what the real buying power of your dollar is.

Oh, goody, you are a gold bug!

Please, then, tell me how we're supposed to run a $70 trillion world economy on $9 trillion worth of gold?


Easy - just inflate the price of gold!
2013-01-25 04:32:52 PM
1 votes:

CheekyMonkey: HartRend: grimlock1972: violation of the constitution plain and simple. Repubs if you don't want the federal reserve system to crash then quit putting party ahead of country and do what needs to be done.

It has already crashed. We are still propping it up.

It is not an IF, it is a when.

Yes, and the roof of my house fell down already, but the walls are still propping it up.


Do you see any new jobs? How are things where you are.
Where I am at, things are shiatty. People are homeless living on the street begging for change.

Anybody who can look out their window, and say to themselves, damn things are better today than they were yesterday, is probably blind.
2013-01-25 04:30:03 PM
1 votes:

pseydtonne: HartRend: fark those idiots who drank the cool aid, they deserved what they got for not thinking for themselves, same as you.
fark your emo/homo spelling.

See, it was all nice until you had to say 'homo'.

I mean yeah, we all hate emo -- this isn't Reddit. We're all in our thirties or older, posting from work (where Reddit is blocked). The only emo we want is the emo lawn (because it cuts itself).

But 'homo'? In the Twenty-First Century? This isn't X-Box chat.

Let's stick to the topic: how you are afraid of judges and that the rise food stamp recipients during a major recession is a sign of the apocalypse.


I think the topic is Virginian Republic bashing, at least that's how Fark usually rolls.

Anybody who thinks creating a new currency , or state currencies, is a bad idea, has absolutely no idea as to how much the petrol dollar relies on occupation.
The occupation is funded by the petrol dollar, and that dollar is quickly spiraling out of existence.
Once the event horizon is reached, we will now longer be able to project our military might in to the world, our grasp on oil producing nations will falter, and the US will cease to be a superpower.
2013-01-25 04:26:59 PM
1 votes:

HartRend: fark those idiots who drank the cool aid, they deserved what they got for not thinking for themselves, same as you.
fark your emo/homo spelling.


See, it was all nice until you had to say 'homo'.

I mean yeah, we all hate emo -- this isn't Reddit. We're all in our thirties or older, posting from work (where Reddit is blocked). The only emo we want is the emo lawn (because it cuts itself).

But 'homo'? In the Twenty-First Century? This isn't X-Box chat.

Let's stick to the topic: how you are afraid of judges and that the rise food stamp recipients during a major recession is a sign of the apocalypse.
2013-01-25 04:26:53 PM
1 votes:

HartRend: Matthew Keene: HartRend: [theeconomiccollapseblog.com image 850x390]

John Wilkes Booth killed JFK for printing those.

I know, but the sheeple have no clue.


Oswald...
2013-01-25 04:22:55 PM
1 votes:

whistleridge: HartRend: The point is, the dollar has been so whored out, that it's not worth what it was, hence the absence of gold backing.
So literally, you don't have to tie it to the gold, because gold is still worth money it still floats like any other product in the free market.
So not only does it not have to be officially tied, but it is an incredibly indicator by itself.

If you look at the price, shiat has been going downhill for a while.

O RLY?

Actually, inflation is flat right now:

http://www.usinflationcalculator.com/inflation/historical-inflation- ra tes/

And your implied devaluation is an absurdity. The dollar is currently about $1.35:1 against the Euro. It was that same rate in 2004:

http://www.ecb.int/stats/exchange/eurofxref/html/eurofxref-graph-usd .e n.html

It has similar performance against other currencies, too, including the yen, pound sterling, and Canadian dollar, despite some pretty different economic conditions in each of those countries:

http://www.x-rates.com/graph/?from=JPY&to=USD&amount=1
http://www.x-rates.com/graph/?from=GBP&to=USD&amount=1
http://www.x-rates.com/graph/?from=CAD&to=USD&amount=1

And before you say but...but...but...GOLD, allow me to retort: gold is a *commodity*, not a *currency*. As such, it is subject to wide prices swings, primarily driven by speculation. And yes, gold is way up right now. Why? Because speculators are making a KILLING selling it to paranoid types. They're not keeping it themselves. No...they're selling it hand over fist to people who stash bars of it under their beds, and then those speculators take the real currency and go invest it and make even more money. Hence, the finite supply dwindles and the price goes up. Buy into that if you want, but it's foolish, IMHO.

Proof? How about another commodity to index against? A big one, like...oil? Or gas prices?

Huh. Dig a little bit and it turns out that gas prices are *lower* now than they have been in awhile. Like, back to that "QE3" thing all your types we ...


Unravel the derivatives, then tell me how things are.
2013-01-25 04:20:46 PM
1 votes:

HartRend: The point is, the dollar has been so whored out, that it's not worth what it was, hence the absence of gold backing.
So literally, you don't have to tie it to the gold, because gold is still worth money it still floats like any other product in the free market.
So not only does it not have to be officially tied, but it is an incredibly indicator by itself.

If you look at the price, shiat has been going downhill for a while.


O RLY?

Actually, inflation is flat right now:

http://www.usinflationcalculator.com/inflation/historical-inflation- ra tes/

And your implied devaluation is an absurdity. The dollar is currently about $1.35:1 against the Euro. It was that same rate in 2004:

http://www.ecb.int/stats/exchange/eurofxref/html/eurofxref-graph-usd .e n.html

It has similar performance against other currencies, too, including the yen, pound sterling, and Canadian dollar, despite some pretty different economic conditions in each of those countries:

http://www.x-rates.com/graph/?from=JPY&to=USD&amount=1
http://www.x-rates.com/graph/?from=GBP&to=USD&amount=1
http://www.x-rates.com/graph/?from=CAD&to=USD&amount=1

And before you say but...but...but...GOLD, allow me to retort: gold is a *commodity*, not a *currency*. As such, it is subject to wide prices swings, primarily driven by speculation. And yes, gold is way up right now. Why? Because speculators are making a KILLING selling it to paranoid types. They're not keeping it themselves. No...they're selling it hand over fist to people who stash bars of it under their beds, and then those speculators take the real currency and go invest it and make even more money. Hence, the finite supply dwindles and the price goes up. Buy into that if you want, but it's foolish, IMHO.

Proof? How about another commodity to index against? A big one, like...oil? Or gas prices?

Huh. Dig a little bit and it turns out that gas prices are *lower* now than they have been in awhile. Like, back to that "QE3" thing all your types were howling about awhile ago. Remember that? How it was going to cause $5/gallon gas by New Year's?

What  actually happened? Well...like anyone with actual economics training predicted, the national average peaked at $3.12/gallon in August 2012 due to a storm. Then QE3 passed in early September. Today, the national average is $3.31. Yes, it will go up again for the summer, but they *always* go up for the summer:

http://newsroom.aaa.com/2013/01/gas-prices-aaa%E2%80%99s-fuel-gauge- re port-january-22-2013/

In short: you're full of shiat. On every. single. point. 

And you can't read.
2013-01-25 04:20:04 PM
1 votes:

unchellmatt: Sin_City_Superhero: Measures like this wouldn't be needed if Soshalist Muslin HUSSEIN Fartbongo weren't farking up our country!

Inorite? If he wasn't made of muslin, maybe instead a good silk or even cotton, I'd be all for him. It's that muslin that gets to me.


Oh, I see it's time on Fark to slander con$ervatives again. As a good cosmopolitan liberal who knows what's best for everybody, it doesn't chap my normatively gay ass that Capitali$m is gone with a whimper. My parents funded my education and that's all I really care about the economy.

With our superior liberal intellect we should be content basking in our vast capacity to ingest semen and the uncontested surrender of our masculinity. Put a rainbow on that dollar sign - the Marxist narrative I had fisted in me tells me I am freer than ever, and it felt great.
2013-01-25 04:19:02 PM
1 votes:

Sybarite: when the Federal Reserve crashes

I stockpiled Geoffrey Dollars against just such an eventuality.


Pshaw. I'm saving up "Larch" dollars for when TSHTF! I know they're good, because I made them myself.

// yes, my savings are a pile of leaves shoved in a pillowcase. why do you ask?
2013-01-25 04:17:11 PM
1 votes:

whistleridge: HartRend: So because 3 people interpreted it this way, we should all just take it in the ass?
Remind me not to drink any of your cool aid.

3? Try 9. On multiple occasions.

And not just any 9, either. No, it was  the specific 9 experts who are carefully vetted and chosen for their expertise and ability to decide such matters on behalf of our entire society.
So yes: I'll take the word of those 9 before an obviously ignorant troll any day.

Also: it 'Kool Aid' you ass. Learn to spell. Especially when referencing an occasion when one of your type decided Jesus wanted him to murder a couple hundred people.


HOLY shiat... 9!
That is so much closer to 300 million.

fark those idiots who drank the cool aid, they deserved what they got for not thinking for themselves, same as you.
fark your emo/homo spelling.
2013-01-25 04:13:19 PM
1 votes:

theorellior: HartRend: You are in the quadrillions my friend.

Right. Sure we are. Quadrillions.


Did either of you put your pinky to your lip when you said this?

Cause that would be lame.
2013-01-25 04:07:43 PM
1 votes:

HotWingConspiracy: If the nickels have a picture of a bumblebee on them they might win some support.


"Gimme 5 bees for a quarter, we'd say."

\adjusts belt onion
2013-01-25 04:06:44 PM
1 votes:
New Republican slogan: An alternative currency for an alternative lifestyle.
2013-01-25 04:05:37 PM
1 votes:

doyner: HartRend: So because 3 people interpreted it this way

WAT?


Today I've switch from blocking the crazies to setting them as red-4 favorites. This allows me to track the derp when a thread starts okay then goes off the rails. I added a certain user base on this thread, as well others from a different thread. Suddenly this thread had a lot of red stains.

Now I won't wonder why a thread seems fine then suddenly has a lot of people grousing about a thin head, for example.

In summary: seriously, yo. The H got knocked out of the 'WHAT' because the whargarbl hit it as if it were uprights in the end zone.
2013-01-25 04:05:05 PM
1 votes:

theorellior: HartRend: Go check out gold prices, see what the real buying power of your dollar is.

Oh, goody, you are a gold bug!

Please, then, tell me how we're supposed to run a $70 trillion world economy on $9 trillion worth of gold?


I'm not a gold bug, necessarily, i'm just against a very small group of people, farking a very large group of people.

Oh, and the equation is 9/70, that is how you back currency with gold.

And the world economy, including deriviatives , is way WAY WAYYYYYYYYY BIGGER than 70 tril.

You are in the quadrillions my friend.

The point is, the dollar has been so whored out, that it's not worth what it was, hence the absence of gold backing.
So literally, you don't have to tie it to the gold, because gold is still worth money it still floats like any other product in the free market.
So not only does it not have to be officially tied, but it is an incredibly indicator by itself.

If you look at the price, shiat has been going downhill for a while.
2013-01-25 03:57:15 PM
1 votes:

impaler: HartRend: Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

You think the Federal Reserve Bank bought off Supreme Court Justices?

HartRend: or 9 assholes who think they know it all?

Yeah, what makes those SCOTUS judges think they get to say what the constitution really means. Jerks.


Considering the number of states attempting to succeed from the USsA right now, I don't think I'm the only one with this opinion of the Fed/SCOTUS
2013-01-25 03:54:13 PM
1 votes:

impaler: HartRend: The fact that you are justifying your investment by "easily beating inflation rates" tells me that you are already digging out of a hole.
Why does my government get to literally take buying power out of my pocket because they want to blow it on bullshiat like pointless wars and people who don't want to work?

Instead, we should go to a commodity backed currency that could be manipulated by foreign powers!

Isn't that what we are doing to them? Why wouldn't they do it to us?

Why does my government get to literally take buying power out of my pocket

Without them, you wouldn't have any buying power in your pocket.

Without them, I would have more buying power.

people who don't want to work?

Point to the part of the budget that goes to people that don't want to work.

Food stamps.
2013-01-25 03:51:32 PM
1 votes:

grimlock1972: violation of the constitution plain and simple. Repubs if you don't want the federal reserve system to crash then quit putting party ahead of country and do what needs to be done.


It has already crashed. We are still propping it up.

It is not an IF, it is a when.
2013-01-25 03:48:58 PM
1 votes:

doyner: HartRend: So because 3 people interpreted it this way

WAT?


SCOTUS = Very small population (9 or so)

America = Not so small population

Could it be that these few individuals may have a personal interest in ensuring the existence of the Federal Reserve?

Could it be that these individuals are willing to sell out the rest of us for an unfathomable amount of money?

Could it be that your government doesn't give two shiats about you?

What scale is harder to tip, 300 + Million Americans, or 9 assholes who think they know it all?
2013-01-25 03:46:18 PM
1 votes:

HartRend: So because 3 people interpreted it this way


WAT?
2013-01-25 03:46:01 PM
1 votes:

impaler: HartRend: impaler: HartRend: Well considering what they have done to your dollar,

Kept its value fluctuations at a stable low rate of inflation with very little variance? The horror. The markets hate predictability.

Next are you going to tell us to go to shadowstats to study it out?

You clearly don't have any money.

In my mattress? Nope. If you want your net-worth backed by shiny metal, no one is stopping you. However, there are far better investments. Right now, Conoco-Philips dividends are easily beating inflation rates.


The fact that you are justifying your investment by "easily beating inflation rates" tells me that you are already digging out of a hole.
Why does my government get to literally take buying power out of my pocket because they want to blow it on bullshiat like pointless wars and people who don't want to work?
2013-01-25 03:41:32 PM
1 votes:

whistleridge: Do you even know how to read or conduct basic research? Or are your abilities limited to regurgitating whatever crap email talking points Crazy Uncle Larry forwards you from whatever stormfront thread du jour it is that he's reading?

HartRend: Just_a_Bear: Meh, it only violates the Constitution, no big deal.

The federal reserve violates the constitution.

Not according to the Supreme Court:


U.S. v. Rickman, 638 F.2d 182, C.A.Kan. 1980:

Federal Reserve Notes in which the defendant, charged with failure to file federal income tax returns, was paid were lawful money within the meaning of the United States Constitution.


U.S. v. Wangrund, 533 F.2d 495; C.A.Cal. 1976

The statute establishing Federal Reserve Notes as legal tender for all debts, public and private, including taxes, is within the constitutional authority of Congress; thus the defendant could not overturn his conviction on two counts of wilful failure to make an income tax return on the theory that he did not receive money since checks he received as compensation for his services could be cashed only for Federal Reserve Notes which were not redeemable in specie.


Nixon v. Individual Head of St. Joseph Mortgage Company, 615 F.Supp. 890, affirmed 787 F.2d 596. D.C.Ind. 1985.

Federal Reserve notes are legal tender.


Ginter v. Southern, 611 F.2d 1226, certiorari denied 100 S.Ct 2946, 446 US 967, 64 L.E.d.2d 827. C.A.Ark. 1979.

Tax protestor's claims concerning the constitutionality of the Federal Reserve System, Internal Revenue Code and establishment of tax court were so frivolous as not to require discussion and detail. USCA Const. Amends. 5, 13;


U.S. v. Schmitz, 542 F.2d 782 certiorari denied 97 S.Ct. 1134, 429 US 1105, 51 L.Ed.2d 556. C.A.Cal. 1976.

Federal Reserve Notes constitute legal tender and are taxable dollars.


Milam v. U.S., 524 F.2d 629. C.A.Cal. 1974.

The statute which delegates to the Federal Reserve System the power to issue circulating notes for money borrowed and the power to ...


So because 3 people interpreted it this way, we should all just take it in the ass?
Remind me not to drink any of your cool aid.
2013-01-25 03:41:31 PM
1 votes:
So what is the exchange rate for Bison dollars?
2013-01-25 03:40:16 PM
1 votes:
A whole lot of but hurt in this thread.

I need to look at buying a house on the other side of the river.
2013-01-25 03:38:38 PM
1 votes:

impaler: HartRend: Well considering what they have done to your dollar,

Kept its value fluctuations at a stable low rate of inflation with very little variance? The horror. The markets hate predictability.

Next are you going to tell us to go to shadowstats to study it out?


You clearly don't have any money.
2013-01-25 03:33:19 PM
1 votes:
The "Federal Reserve" - a privately owned bank celebrating 100 years of printing "money" out of thin air and "loaning" it to the United States Government at interest, said interest being collected from The People, under duress, in the form of Taxes.

It's nice work - if you can get it.


/Yes, America
//There is an Amendment that should be repealed
///And no, it isn't the Second Amendment
2013-01-25 03:26:50 PM
1 votes:

theorellior: HartRend: The federal reserve violates the constitution.
The constitutions guarantees the right of congress to print and coin money / set standards and weights.
Congress has given up their right to the Fed, and thus the taxation without representation.

You run with that, Sparky. I'll knock on the airlock of your bunker when it's safe to come out.


Well considering what they have done to your dollar, you may want to reconsider your position.

Go check out gold prices, see what the real buying power of your dollar is.

If you are right, then we both get to have a good time.

If I am right, only I get to have a good time.
2013-01-25 03:21:01 PM
1 votes:

HartRend: The federal reserve violates the constitution.
The constitutions guarantees the right of congress to print and coin money / set standards and weights.
Congress has given up their right to the Fed, and thus the taxation without representation.


You run with that, Sparky. I'll knock on the airlock of your bunker when it's safe to come out.
2013-01-25 03:20:53 PM
1 votes:
For anybody who thinks negatively of the Virginian Republicans you may want to google a few subjects:

The Fractional Reserve Banking System

The Derivative Bubble

The Mortgage crisis.

Mortgage rubber stamping.

The fall of the Roman Empire

These will get you started...
2013-01-25 03:13:03 PM
1 votes:

byelii: cookiefleck: I'd love to see what their papermoney would look like.

Probably something like this:

[www.byelii.com image 850x363]


Six months after the Ratification of a treaty of Peace between the Confederate States and the United States the Confederate States will pay 100 Dollars to bearer
media.comicvine.com
2013-01-25 02:52:59 PM
1 votes:
If the nickels have a picture of a bumblebee on them they might win some support.
2013-01-25 02:44:58 PM
1 votes:
Denominations of 1's and 2's and potato.
2013-01-25 02:42:05 PM
1 votes:

Nadie_AZ: Virginia takes pride in having its own culture and history, its own unique way of doing business.

Uh .... okay.

But does the commonwealth also need its own money?

Maybe so, says Del. Robert Marshall (R-Prince William), who is pushing a bill in the General Assembly that would mandate a study of whether the state "should adopt an alternate medium of commerce or currency to serve as an alternative to the currency distributed by the Federal Reserve System in the event of a major breakdown of the Federal Reserve System."

This. Is. Bullsh*t. It is a way to funnel money to some friends or business associates.

I hope the taxpayers of Virginia are happy with the way their representatives are wasting spending their tax dollars.


Ahh it's Bob Marshall, The only GOP politician in the state who makes "Taliban Ken" Cuccinelli look sane
 
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