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#1
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Subject:Silver and the Minimum Wage
By: David Morgan, Silver Investor Overview: Many of us who write about the precious metals field have put out their 2009 forecasts and predictions for the New Year. This writer is no exception, but it seemed to me that it might be nice to look at my mission statement and determine if I could compose a simple story that might engage the reader to think about the current dire state of affairs in the economy and how an honest “money” system might help on an individual basis. Link: http://news.silverseek.com/SilverInv...1232118630.php |
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#2
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We are in fact in a dire state, and our fiat regieme is not going to help us out of this one.
Many of the folks who post here are "regular people", like myself. We all have our hopes and dreams, our individual accomplishments, families and jobs. These precious things are being abrogated with each handout to the corrupted financial institutions being kept alive through government largesse. We were not consulted, as a people, before having our future wages obligated to these criminals so that they may continue to operate their flawed business models and collect their bloated pay. I do not recall being asked my opinion about the money being handed to the Big Three automakers either. All of this has been completed without the input of those who have been made responsible for repayment of these loans, and promised financial backing. Just this week, another 20 billion to Bank of America and the promise of another 188 billion to backstop losses from Merrill Lynch. WOW. It must be nice to have the luxury of making an abysmal business decision, then have Uncle Sugar step up to the plate and make it all better, when it turns out to be sour apples instead of a honey pot. Maybe I'm cynical in my middle years, but as a boy, I was taught that I and only I am responsible for the decisions I make. "There will not be anyone there to pick you up when you grow up" my Mother would say, so "Get it right the first time". I guess its different with banks somehow. Those of us who are paying attention, are realizing that the Government is NOT here to help. They currently do NOT have our interests in mind, and are willing to sell our futures down the river to rescue the very criminals who caused this mess in the first place. They venerate people like Alan Greenspan and Ben Bernanke, as though they somehow are smarter than us, or have some second sight. We now know that the repeal of Glass Steagal was a bad move. Has that been rectified? No. Is anyone even talking about resurecting it? No. The tragedy that is to befall our republic is one that should have never happened. Our abdication to the private banking cartel on December 23, 1913 was the first nail in the U.S. coffin. Our only salvation as a nation lies with a return to a gold and silver standard. A nation standing on a foundation of gold will never succumb to a death through inflation. It may be conquered, it may divide, but it can never fail because of monetary inflation. We the People have a choice; stand idly by and watch it happen, or raise your voice and make a change. President Obama has openly stated that we face trillion dollar deficits for years to come. With a gold standard, that would not really be possible. Only with a fiat currency can you inflate at will. Do you really want to be responsible for the debt slavery of your grandchildren? I know that I do not.
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"Information spreads at the speed of light, while ignorance is instantaneous at all points in the known universe" Last edited by Ancona : 18th January 2009 at 17:23. |
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#3
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No comments?
__________________
"Information spreads at the speed of light, while ignorance is instantaneous at all points in the known universe" |
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#4
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No.
It is a honour to be, silverbuggy who likes Gold more than Silver. |
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