the banking industry is failing because the republicans deregulated it ! and your statement that our money is not backed by materials is stupid in the extreme . On Nov 10, 10:11 am, Gaar <[EMAIL PROTECTED]> wrote: > It is only collapsing because Idiots, like you, believe you can MAKE > IT do things it does not want to do... > > Like Lend money to People who will not pay it back, and give money to > People simply because you feel they don't get enough of the "pie". > > That is why the System is failing. > > What you don't seem to get is that this Fiat money System is done on > the ability for the Government to cover the money. When you are > giving more People a "pass" on that System, and charging the other > half more and more, those People leave the System and find greener > pastures. > > And you wonder why the System is failing... > > You and your Loony Liberal friends have made your Beds, now you get to > sleep in them. > > On Nov 10, 1:54 am, "mike [move on] 532" <[EMAIL PROTECTED]> > wrote: > > > > > are you really that fucking stupid ? oh wait i guess you really are > > aren't you ! > > so you think the government prints money without any means of backing > > it up with gold or some other matrial . [ the worlds oil is priced in > > dollars. Any country that needs to buy oil, must hold a certain amount > > of U.S. dollars in reserve to buy that oil. Hence, the "world reserve > > currency." We have benifited greatly from that deal Kissinger cut > > years ago. Cheap goods and services for all. > > Saddam Hussein decided that he wanted to price his oil in Euros. The > > United States government did not agree with him on that so they killed > > him. > > Now, the president of Iran wants to not only price his oil in a > > currency other than dollars but, he wants to build and operate his own > > oil exchange. Rich Cheney doesn't want him to do that so Iran is now a > > part of the axis of evil and they are waving their swords at him. > > Same with Hugo Chavez in South America. > > As countries drop the dollar as their reserve currency, the dollar > > loses its value. > > As we keep printing and spending unbelievable amounts of dollars, > > fighting wars to control oil, the dollar loses even more value. As > > with every fiat currency, the economy finally collapses. Ours is no > > different and it is in the process of collapse. > > The one thing that all axis of evil countries have in common is the > > fact that they do not belong to the central bank, ie: federal reserve > > or Bank of England. > > As long as they do not allow the federal reserve bankers to control > > their resources thru usery, (oil, crops, labor) we will continue to > > battle it out around the world. > > It is a battle for supreme power and control with finance at the > > heart. Now, we will be coerced into accepting anything when the chance > > of hunger and poverty face us and our children. > > This is only going to get worse...much worse.] > > > On Nov 10, 4:35 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > Link please... > > > > Show me where our Constitution says our money has to be backed by some > > > material good. > > > > I'll wait here. > > > > On Nov 10, 1:33 am, "mike [move on] 532" <[EMAIL PROTECTED]> > > > wrote: > > > > > it is supposed to be backed by materials such as gold . but your > > > > ignorance of that fact isn't to surprising . > > > > > On Nov 9, 8:23 am, Gaar <[EMAIL PROTECTED]> wrote: > > > > > > On Nov 9, 12:58 am, "mike [move on] 532" <[EMAIL PROTECTED]> > > > > > wrote: > > > > > > > what a foolish statement ! > > > > > > What the Hell do YOU believe the U.S. Dollar is backed by?- Hide > > > > > quoted text - > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text -- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum
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