bachmann ridiculous quip...

[goodnightChesty1775]

http://www.theblaze.com/stories/what-do-you-get-when-you-turn-9-9-9-upside-down-bachmann-pokes-fun-at-cains-plan/


what a retard, sounded just like a liberal. people like her are one of the reasons why i have a negative opinion of christians, not all christians per-say but the bible thumpers i guess.

[JohnyMac]

Well GoodNightChesty, I am a Christian and am not afraid to hold my hand up and say so.

With that said, Bachmann's comment about when you turn 999 over it becomes 666 was stupid and does not lend her to being the president of the free world in my opinion.

I hope that Bachmann, Huntsman, Perry and Santorum drop out of the race shortly. I would like to see a debate (hour and a half press conference) with Cain, Gingrich, Paul and Romney only. It's time to narrow this field.

[goodnightChesty1775]

Well GoodNightChesty, I am a Christian and am not afraid to hold my hand up and say so.

With that said, Bachmann's comment about when you turn 999 over it becomes 666 was stupid and does not lend her to being the president of the free world in my opinion.

I hope that Bachmann, Huntsman, Perry and Santorum drop out of the race shortly. I would like to see a debate (hour and a half press conference) with Cain, Gingrich, Paul and Romney only. It's time to narrow this field.

i really like paul, as most of us here do, but i am also liking cain too.

[NOLA556]

i really like paul, as most of us here do, but i am also liking cain too.

cain is not as bad as the rest of the clowns, but he's a former Fed director, and he consistently defends the Fed... that's enough for me to stay far away from him.

[goodnightChesty1775]

i really like paul, as most of us here do, but i am also liking cain too.

cain is not as bad as the rest of the clowns, but he's a former Fed director, and he consistently defends the Fed... that's enough for me to stay far away from him.

i really like the idea of ending the Fed, but how can we possibly do that? the gold standard was great when you could buy a suit or a nice hunting rifle for $20 but the cost of gold to a USD is so high would it work? im not an economics wiz but i dont think we have enough gold and silver to make that work right away, in time maybe.

[special-k]

Ending the Fed does not necessarily mean going to a gold standard.....It only means taking the power of creating out of thin air and charging interest on U.S. currency out of the hands of giant private foreign banks......Which would be a good start.

[NOLA556]

Ending the Fed does not necessarily mean going to a gold standard.....It only means taking the power of creating out of thin air and charging interest on U.S. currency out of the hands of giant private foreign banks......Which would be a good start.

bingo. chesty, all it really means is that the power to manipulate the currency and interest rates would be the government's role, not a private bank. that may SOUND bad on the surface, but at least there would be some kind of oversight of what goes on with the currency instead of an all-powerful central bank that doesn't have to follow any rules.

just my opinion. I'm definitely no expert on this stuff... so maybe someone who knows what they're talking about moreso than I do would probably laugh at me, but oh well... I form opinions as best as I can based on the info I have.

[goodnightChesty1775]

Ending the Fed does not necessarily mean going to a gold standard.....It only means taking the power of creating out of thin air and charging interest on U.S. currency out of the hands of giant private foreign banks......Which would be a good start.

bingo. chesty, all it really means is that the power to manipulate the currency and interest rates would be the government's role, not a private bank. that may SOUND bad on the surface, but at least there would be some kind of oversight of what goes on with the currency instead of an all-powerful central bank that doesn't have to follow any rules.

just my opinion. I'm definitely no expert on this stuff... so maybe someone who knows what they're talking about moreso than I do would probably laugh at me, but oh well... I form opinions as best as I can based on the info I have.

ok got ya. that would be a good start.

[JohnyMac]

I agree with all of the comments and I would like to add:

The fed is not audited by anyone except for maybe themselves. I would be OK in keeping the fed IF and ONLY IF they would be audited like any corporation and answerable to the law (s) of the land.

I like most on this post thread am not an economics expert by any account however IMO why couldn't we go back to the gold / silver standard? Didn't things start to spiral out of control when we moved off of it? The ability to print money at whim has to be like crack to a politician.

[RS762]

Backing Herman Cain is more of that "siding with the lesser evil" mindset which has worked so well until now.  <img src="http://www.smileydes

[special-k]

I agree with all of the comments and I would like to add:

The fed is not audited by anyone except for maybe themselves. I would be OK in keeping the fed IF and ONLY IF they would be audited like any corporation and answerable to the law (s) of the land.

I like most on this post thread am not an economics expert by any account however IMO why couldn't we go back to the gold / silver standard? Didn't things start to spiral out of control when we moved off of it? The ability to print money at whim has to be like crack to a politician.

I counter with this:
 
Why should we pay ever compounding interest on something that is created out of thin air?  Not only is this usury, but usury at its worst.

I will try to simplify the problem with a gold / silver standard with this scenario.....A sudden economic boom (most likely created as a result of a true free market), leading to vaults being filled with gold & silver, therefore creating an artificial scarcity of gold & silver, therefore allowing those with these filled vaults to manipulate the value of gold & silver (for there own benefit), making the value of gold & silver unstable from day to day and less secure to trade with for the average business man (in other words gold & silver have been turned into a monopolized commodity rather than just a currency), therefore impeding trade because the average business man would have to revert back to barter which is not necessarily always convenient or efficient. 

Just like a firearm, a fiat currency is not necessarily evil, it just depends on who or what is in control of it.  A fiat currency can allow for healthy exponential economic growth in ways in which a gold & silver backed economy simply can not.  That being said, in these times of imminent dollar crash, precious metals are the best way to preserve wealth.

For a more detailed explanation of how this works, look up a four hour documentary called "The Money Masters":   

http://www.youtube.com/watch?v=JXt1cayx0hs

[goodnightChesty1775]

Backing Herman Cain is more of that "siding with the lesser evil" mindset which has worked so well until now.  <img src="http://www.smileydes

that is true, its just i dont want to 'put all my eggs in one basket' for ron paul just in case he doesnt make it i want to know about the others...

[tominphx]

I completely agree with her about the national sales tax, and that was my concern about the 999 plan to begin with, not only would it mean I would be paying a nearly 20% tax on everything I buy in state, but we all know that new taxes pretty much never go away, and "temporary" taxes are often permanent.


And about Cain's relationship with the federal reserve, I am a big believer in what I've heard of as the "80% concept", which says that if you agree with about 80% of what a politician says, even if you disagree with other things, you should probably vote for him. I don't like the federal reserve, but most of what I'm hearing from Cain, I like. I still prefer Ron Paul, as I'm sure everyone else here does, but if he doesn't get the nomination, which I don't think he will, and Cain does, I'm voting for him.

And as for Bachman's 666 comment ...

[JohnyMac]

Special-K wrote:
Just like a firearm, a fiat currency is not necessarily evil, it just depends on who or what is in control of it.  A fiat currency can allow for healthy exponential economic growth in ways in which a gold & silver backed economy simply can not.  That being said, in these times of imminent dollar crash, precious metals are the best way to preserve wealth.

 [URL=http://www.smileyvault.co Very good points.

[Fuzzy]

The 999 tax opens a nasty door.
Do we really want to give entry to the gov by way of a new revenue source?

Taxes were the cause of a war in 1776 and 1860.

Right now folks in this country are getting near the edge. The "tipping point" is getting closer. Will our Republic hold?