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Old 11-24-2008, 08:18 AM
 
Location: Albemarle, NC
7,730 posts, read 13,350,407 times
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Anyone think Obama might be tempted to do the same thing? It's been said he's studied Lincoln in depth. Or am I just wishing too hard?

/didn't vote for him or McCain.
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Old 11-24-2008, 10:13 AM
 
19,346 posts, read 17,412,384 times
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Quote:
Originally Posted by paperhouse View Post
Anyone think Obama might be tempted to do the same thing? It's been said he's studied Lincoln in depth. Or am I just wishing too hard?

/didn't vote for him or McCain.
Hi paperhouse,

You probably are. If I did see such a thing I would be stunned.
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Old 11-24-2008, 11:19 AM
 
Location: Albemarle, NC
7,730 posts, read 13,350,407 times
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Quote:
Originally Posted by gwynedd1 View Post
Hi paperhouse,

You probably are. If I did see such a thing I would be stunned.
It would make sense though. He could even do it as an internal, non-international currency that's tied somehow to a commodity that we have. It's how Lincoln paid for the war. If we paid people in Greenbacks who worked on the projects he's proposing, then pass legislation making it legal tender inside the US, he could fund his proposals and not affect the dollar or the national debt. Well, until the dollar collapses under its own weight.
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Old 11-24-2008, 11:59 AM
 
19,346 posts, read 17,412,384 times
Reputation: 7519
Quote:
Originally Posted by paperhouse View Post
It would make sense though. He could even do it as an internal, non-international currency that's tied somehow to a commodity that we have. It's how Lincoln paid for the war. If we paid people in Greenbacks who worked on the projects he's proposing, then pass legislation making it legal tender inside the US, he could fund his proposals and not affect the dollar or the national debt. Well, until the dollar collapses under its own weight.
Hi paperhouse,

Of course and it would show by example that the national debt is not debt. We already paid for the national debt though inflation though not nearly so much as we have to commercial banks. That our currency is not backed anything is a myth, its backed by taxing power.
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Old 11-24-2008, 12:33 PM
 
5,568 posts, read 10,577,734 times
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Quote:
Originally Posted by paperhouse View Post
It would make sense though. He could even do it as an internal, non-international currency that's tied somehow to a commodity that we have. It's how Lincoln paid for the war. If we paid people in Greenbacks who worked on the projects he's proposing, then pass legislation making it legal tender inside the US, he could fund his proposals and not affect the dollar or the national debt. Well, until the dollar collapses under its own weight.
It is some sweet daydreaming, but I do not see it coming with the Wall-to-Wall CFR appointments he is already planning. Obama looks like he pretty much Transnational Corporate Tool material from his picks, so far.
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Old 11-24-2008, 02:00 PM
 
3,283 posts, read 4,908,244 times
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i'd be very surprised. i agree with phil t, all his picks are 'council of foreign relations'. it would be cool if he decided to nationalise the fed.
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