Loaded-Gun.Com - Anti-Social.Com's Rejects!
General Category => Politics, Philosophy, News and/or Current Affairs => Topic started by: Tru on December 09, 2011, 11:34:33 PM
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Tried to post a poll for this topic but the board refused to take it.
Ok I only did a poll because I've never used them before and wanted to try it out. Obviously with no forethought.
The point is for a long time it was ILLEGAL to actually own gold as a monetary unit. With a penalty of up to ten years in prison and a fine of twice the worth of the gold. Only jewelry and specific collectable coins were allowed in the hands of US citizens.
I would like to understand all of the dynamics that lead to nearly (but not entirely) the US public having all of their raw gold confiscated at the then current mineral value in paper currency. Or face 10 years in prison. Roosevelt even actually set the price of gold at $35 an Oz while making it's ownership illegal.
Looking For Perspective
How could this have happened and what effect of this can be perceived today?
Discuss.
(break)
Oh shit I just shot another Raccoon, I heard a bunch of noise outside and those suckers were all over my porch, at least three that I saw if not four. I yelled at them and stamped my feet to chase them away then came and got my gun and went back out, so much for the brave few.
They are tough, took two shots to the head to make it stop trying to live.
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You ate like a king last night, huh Skink?
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Hahahahaha, I should have made another thread for that part.
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I was pretty wasted last night but I had an idea about politics and shit and got side tracked. Now I'll have to think about it before continuing that thought. But since you mention it. Perhaps I should reconsider the disposition of the corpse a little more closely from now on.
http://www.cooks.com/rec/search/0,1-0,raccoon,FF.html (http://www.cooks.com/rec/search/0,1-0,raccoon,FF.html)
My Raccoon " Stew " (http://www.youtube.com/watch?v=1ko9sS89B_E#)
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I think this was explained in the dollar crisis
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Don't you think there is more to it though?
Oh I see "the dollar crisis", I haven't seen or read it. So don't know if it addresses the issue or not.
But the fact that the federal reserve is an international banking corporation, not an American institution or government agency, along with the methods of assuring it's "currency" was the only thing going by the administration of FDR.
Just seems like it should be looked at closer.
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Owning gold as a method of hedging against inflation or to use as a currency is pointless at this stage. It's a commodity of which the value will fluctuate depending on the mood of a handful of transnational banking corporations. Many countries realised this years ago, and sold their reserves, tying their currency values to the value of output instead.
If you like it for it's corrosion resistive qualities or its pretty yellow colour, than that's a different story.
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I don't care about gold especially.
I like paper money and credit fine.
But we have to come to understand how our system is now, how it got that way and what can we do about it to make it work for the common man.
And by we I mean the public, not the self appointed "officials".
The public.
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Shit, now I see turf wars between X faction and Y faction,
If only there was some authority X and Y could turn to to resolve their animosity?
Enter Z, Z will from now ever preside.
Z is why X and Y were fighting.