The Mudcat Café TM
Thread #118656   Message #2568790
Posted By: GUEST,Slag
16-Feb-09 - 10:01 PM
Thread Name: BS: Solution for Rotten Economy
Subject: RE: BS: Solution for Rotten Economy
Some of you have seen this rant in other threads but it bears repeating here. The US dollar is backed by..."the GOOD FAITH of the US government." PERIOD. Uncle Squirrel is the Man Behind the Curtain" telling us that those nifty looking little colored bits of paper are really money. The reality is, they aren't as much worth as toilet paper. At least tp is soft and clean, by comparison. 1933, thanks to the economic genius of FDR, goodbye Gold Standard. 1964, thanks to the economic genius of JFK, goodbye Silver Standard. 1982, thanks to the law of diminishing returns and the genius of RWR, Goodbye copper, which was never really a standard by modern terminology but nevertheless did have a real intrinsic value. Good faith has turned to bad, too bad.

Argentina (Land of Silver) did the old sliding decimal point thing to a fare-thee-well, at least once a year. Heck, it may still be doing it. It has been years since I last tracked such things. On our way to "Third World" status, we could sure give it a try. All us little bourgeoise wage-slaves are Uncle Sweetums' real money tree. and tax is just their way of harvesting the crop. Can't buy gas to drive to work? take public transportation. Think of all the "green benefits". Can't afford bus fare anymore? Walk! It will do you good and think of all the "green benefits"! What? You're 70 and crippled up with arthritis and you need five more years to retirement? How selfish. There is always euthanasia. Get out of the road and let the younger generation have a chance at it. It will be good for the economy, good for Social Security and think of all the "Green" benefits: Soylent Green that is. Yes, always trust your government children. They have YOUR best interests at heart.