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A Good Article About Fiat Money And The Gold Standard.

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Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 09/02/2011  6:45 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
"Land of the Free."


Remember the guy who was cited for removing "Live Free or Die" from his license plate?

Talk is cheap.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 09/02/2011  7:10 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
The whole purpose of the constitution was to limit powers at the federal level.

Exactly so. Government does not have rights but it does have powers. Those powers are spelled out in the US Constitution. Only the Bill of Rights elucidates and guarantees the rights of US citizens. Of these, the 10th Amendment is potentially the most powerful curb on federal powers but it has not been upheld by the US Supreme Court nearly to the extent that it should have been... and that is a serious blow against the freedom and liberty of all US citizens.


Quote:
the federal government doesn't issue our money the federal reserve does and technically the federal reserve isn't even a part of our government they are a privately owned central bank.

True. The Fed was created in 1913 via presidential and congressional action; something that the US Constitution does not empower them to do, but they did it anyway... and got away with it.
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