Smug Liberals and Willful Ignorance!

This is my favorite picture of SMUG OBAMA. I think it typifies the arrogant, smug, condescending attitude that liberals enjoy inflicting upon anyone not sharing their worldview.

In the article below you'll find a great example of the same willful ignorance in the face of obvious dangers to the US Dollar and the very existence of our republic.

The article is short, but you'll find it replete with insults, mockery, and accusations of racism against anyone who hasn't drunk the Liberal KOOL-AID!

Have a nice day!

My comment is IN BOLD at the end.

(Following article by "Dick Destiny" aka George Smith)

05.06.11

Fiat money, Zimbabwe, Weimar = code

Posted in Extremism, Phlogiston at 9:00 am by George Smith

Quote of the day, from the Economist, referring a Paul Ryan claim about examples of old hyperinflated currencies being handed out:

And then finally, Mr Ryan said, America needs sound money. He told stories of traveling around Wisconsin and being handed pieces of currency from Weimar Germany and Zimbabwe, he remarked on how nothing was more insidious than inflation …

It’s rotten ol’ Tea Party fruit, the crop from years of Fox News’ hourly gold bug commercials, Glenn Beck and parades of experts. One in particular, whose name I forget, was fond of showing an example of some astronomically numbered Zimbabwe note.

He had turned it into a souvenir business.

The phrase “fiat money” is more code for the same thing. Here, a sample from Google — it’s all Ron Paul, goldbuggery, catastrophe, conspiracy and fear & loathing associated with quantitative easing. Another example, as if you needed one, of how Google results can easily be bombed into trash by the practices and world beliefs of a relatively small social class. (An it’s also an example of what story one uses to persuade people who aren’t such hot thinkers to vote for tax cuts for the super-rich and elimination of social programs and public school education.)

All Tea Party articles of faith, now firmly passed into the realm of fears associated with a life driven by superstitions. And it’s exclusively a baseball-capped or blobby disgraceful white man’s disease.

If you run across people like this — and I see the house of one of ‘em everyday when I cross the el Molino Street bridge on the way to Rick’s at lunch, a place with a big lawn sign advertising some kook AM radio host — it is best to cross to the opposite side of the street.

How do I know this? By-product of census work.

An even money bet is that the people who buy souvenir Weimar marks and Zimbabwe dollars also have Confederate and Gadsden flags to fly, too.

More code: Fair Tax, abolition of IRS, Bretton Woods, questions re “What do you think about a consumption tax?”

1. Rick said,

   May 11, 2011 at 4:39 pm

   Guess what the US Dollar, the ZIM Dollar, and Weimar marks have in common? Everything!

   Oh, wait. Unlike Zimbabwe and Weimar Germany, the USA has a balanced budget, no debt, and responsible politicians who don’t spend more for entitlement programs than we net in taxes.

   Never mind, our FIAT DOLLAR is safe!

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and Silver American Eagles.

Rick

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The Return of Silver & Gold Money

Many voices of sanity like Ron Paul, a Congressman from Texas, are calling for a return to silver and gold money. Silver and gold coinage offers stability to economies afflicted by the overprinting of unbacked paper money and base metal coins. Money minted from precious metals have been used historically by humanity for over 5000 years. Such currency has long offered incentives to save rather than spend by dramatically limiting or even eliminating price inflation, and preserving buying power over long periods of time. "Real" money also forces governments to spend within their limits, since it's impossible to just print silver or gold to pay for expensive social programs without the fiscal necessity of raising taxes.

I believe the following steps would be effective in slowly re-introducing silver and gold coinage back into the money supply of the US:

1. Begin minting a dime sized coin made from 90% silver and 10% copper. The coin must NOT have an assigned value to avoid the possibility of the raw material value of the coin exceeding it's worth as US currency. It was this circumstance that doomed our 90% silver coin program when the price of silver rose in the 1960's. Instead, this coin will have its value set on a regular schedule by the US government about 10-15% above the current price of silver. If the price of silver goes up, the posted value will likewise rise. However, if the price of silver falls the last quoted value will be preserved to maintain economic stability. The additional assigned value for the coin will avoid the market temptation to melt the coins as well as providing a profit or "seigniorage" to cover minting costs. Note: although the new silver coin will not have an assigned value indicated, the silver content in ounces should appear much as it does on the reverse of the American Silver Eagles to build consumer confidence and knowledge.
2. Introduce the new silver coin into the current money supply, and allow it to circulate along with the current paper money and base metal coins. According to Gresham's Law, the bad paper money will drive out the good silver coin. In other words, the American people will begin to save the new silver coins rather than spend them. The same process can then be repeated with gold and even platinum coins. Eventually, we'll be able to remove billions of dollars of fiat money from circulation, while keeping inflation low or non-existent and fostering a new generation of savers for the future.
   
3. The US government is gradually forced to balance the budget as the fiat money supply is slowly scrapped. The citizens of the US will eventually realize that nothing is free in life. "Free" programs like Universal Healthcare may sound great, but deferring the resulting monstrous bill for later generations to pay is not only shortsighted but unconscionable.
   

I expect that the Keynesians, Statists, Inflationists, and Big Banking interests will fight the above fiscal sanity plan tooth and nail. Banks in particular have made obscene profits by manipulating the fiat money supply and interest rates, sucking the wealth from the US worker and forcing him into a virtual slavery. Men like Benjamin Shalom Bernanke, Tim Geithner, and President Obama are unfortunately woefully mired in the failed policies and theories of the past. However, they must be forced by "any means necessary" to realize they've had their chance to experiment with our lives and our national well-being, and failed miserably. Now it's the turn of the sane citizens of the United States to return our country to it's former greatness before hyperinflation and a complete currency collapse devastates the once mighty US!

Time is running out fast! Hyperinflation seems unavoidable as fiat paper money is being printed as fast as the US presses can run. To protect your wealth and your family, buy gold and silver now from these top companies, APMEX Gold and Silver and GoldSilver.com.

Rick