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Old 02-18-2010, 05:26 PM
 
1,535 posts, read 1,634,451 times
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Our research has identified eight fault lines now visible in the Euro experiment. Each is serious. As a combination they have the potential to be devastating. They are all now fully in play.

8 Financial Fault Lines Appear In the Euro Experiment!


Once you get past the tech stuff, it explains why the Euro had to be devalued but it opened a can of worms that is dying.
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Old 02-18-2010, 05:37 PM
 
102 posts, read 138,791 times
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All paper money will eventually be toast. It's not a matter of "if" but "when". History has proven that all paper currencies have eventually died due to excessive government printing in order to pay for wars, entitlement programs, etc. THat's why our Constitution says that no state shall make any thing but gold and silver coin a tender in the payment of debts and that Congress (not the federal reserve) shall have the power to COIN (not print or type in electronic digits) money and regulate the value thereof.

Oh yea, Americans dont know anything about their Constitution, so what good does that do?
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Old 02-18-2010, 05:40 PM
 
102 posts, read 138,791 times
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Also important to note that the INCOME tax is a scam and is due to the fact that we have a paper money system. It's no coincidence that both the income tax and federal reserve were both created in 1913. So IRS, is the income tax a direct tax or an indirect tax? If it's a direct tax, why is it not apportioned per Article 1 Section 2 clause 3 of the Constitution and if it's an indirect tax, why is it not subject to the rule of uniformity?
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