Tuesday, April 23, 2013

The dollar is dying, but guess who’s giving it the kiss of life? >> Oregonian-WillametteWeek ET AL

What happens when the US$ is absolutely worthless?

How is "government," Federal USA and in the State of Oregon .. the states every one .. going to handle the CRA$H, and of course the entire map of every transportation department connected community, the all to the all, when the US$ is worthless?

Yes Digital Credit Units [DCUs] are already in support via the Too Big To Fail and Too Big To Jail, the Federal Reserve System [Fed].

Doesn't matter.  Interview Manuel Izquierdo.  Ask about when he left Spain with his brother on his back and they used Spanish paper money to wipe, as most did fleeing the War disaster.

U.S. FOMC meeting next week is April 30th and May 1st

http://www.goldcore.com/goldcore_blog/arizona-set-use-gold-silver-currency 

The state of Arizona may become the second state to use gold and silver coins as legal tender. 
Last week, Arizona lawmakers passed a bill that makes precious metals legal tender. Arizona is the second state after Utah to allow gold coins created by the U.S. Mint and private mints to be used as currency. More than a dozen states have legislature underway to pass similar measures.

The move was launched by people who fear the Federal Reserve is not tackling the federal deficit and is thus debasing and devaluing the dollar. Some even fear, that if the Fed continues on the existing path it could lead to hyperinflation.

Miles Lester, who represents a group called Arizona Constitutional Advocates, said during a recent public hearing on legal-tender legislation that "the dollar is on its way out. It's not a matter of if; it's a matter of when."

Supporters of the legislation look forward to a day when citizens can make purchases from debit cards linked to gold depositories.


http://livinglies.wordpress.com/2013/04/22/housing-will-make-or-break-us-economy/ 

Accumulation of gold and fixed assets has been responsible in part for propping up our currency. But for our military strength there would be no basis to refer to the U.S. as a world leader. The remedy is obvious — use the reversal of the PONZI scheme to finance new business, expansion of existing business and job training. If that was adopted as policy we would not face an immediate hit to our GDP, equity indexes, and pentup consumer demand together with actual capacity to consume goods and services without plunging into debt would enable us to create fundamental economic activity that would be the envy of the world.

The banking oligarchy currently running our country has a goal that is the anti thesis of the role of government. The oligarchy has profit and wealth accumulation as its goal. The government is required to assure that the referees stay on the playing field and nobody gets an unfair advantage. Just as separation of church and state protects citizens basic rights under natural, constitutional and statutory law, so too should the separation of the banking industry from the government should be well-guarded, lest the power sought by leaders of church, banking and even military and medical services result in the relinquishment of both our freedoms and our prospects.
 
 

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