We formerly HAD "gold standard and no central bank"... the Founding Fathers made sure of it. But the ways of men and especially the ways of politicians, thanks to their lust for power and greed, have us now swirling in the shitter. Unfortunately, the majority of Americans don't care about that sort of thing. They pay no federal income tax and were promised MORE "free ice cream" if they voted for Obama..... and that's how they roll...
............................................................................. What is true is that Ron Paul is the closest to what the US needs.... But .... The truth is he has been around for some time and has not been effective...enough.... What does this mean ? He or someone else has to become effective.... Think of it this way..... What if one had the podium one Tuesday evening at 7pm and got in front of all Americans and delivered this.... ............................................................................................. For the last several decades....manufacturing has eased over into other countries gratis globalization.... The truth is .....legal property credit innovations have enabled many to consume more than they should have in terms of one's ability to pay.... What do we have to do to get manufacturing along with its jobs and true wealth productivity back in the US ? There is no question that this has to occur....or there is no chance that the US can meet its obligations in SS, Medicare or its debts. This is what we have to do: Eliminate the IRS.... Eliminate all corporate and individual taxes.... Make banks.... banks.... And securities firms , securities firms....In fact we will go one step further by not only making the exchanges non gameable, but worldwide and all securities will trade on this highway....free of all taxes....because entrepreneurial capital has to be as efficient as possible.... The only taxes that will be paid from this day forward.....will be a 10% State C Tax......and a 5% Fed C Tax .....directed by state mandates.... We have to press the reset button....All chips fall where they may from this point forward.... Yeah or nay...Mr. public ? To vote nay....will mean that taxes will sky rocket coming from a diminishing base....and a guaranteed rate of unemployment of 30% or more..... To vote yeah.....will mean full employment and individual personal freedoms that make the US of the past look like a jail cell.... So ladies , gentlemen....Yeah.....or Nay ? ........................................................................................... Believe it or not....the above is EXACTLY what should be happening.....right now..... It is that simple.....
libertad, in your view, how much room is left to 'debase' the $ before that adjustment in value creates distortions greater then those it is trying to counter?
go ron paul... if we don't listen soon... George Orwell's prediction is gonna be true... god save us from big brother... fuck NWO
..................................................................................... good point..... What one is going to be truly witnessing is a true battle of the fiats..... But as you read today ....China cash becomes king and it is "cherry picking time"....they will be cost averaging the best assets in the world going into 2012.... This is their play....brilliant in fact.... Guess who will not be cost averaging the best assets in the world.... That is unless....the US enacts what I have just posted.... ................................................................................ The fastest way to get assets on the books in the US is to give incentive for the world's best companies to domicile via tax friendliness..... I am telling you that the tax take from the 10/5 C tax will dwarf anything the Fed has ever dreamed about....and the US will have more personal freedoms than it has ever had in its history..... This is a certain endgame..... If the US keeps going down the same path it is on.....China/BRIC will drift along continually optimizing purchasing value.... China will be stocking up....while the US will be in decline..... 10 years is nothing.... ...................................................................... But make no mistake....if the US enacts the above ....securities valuations alone will dwarf any of the the historical top numbers in a very short time frame..... Healthcare would be pocket change....