President.

[wingnut-]

Wingnut, what do you say to Other One that showed we don't have enough gold to meet the demand of the amount of currency we need in circulation?  You could conceivably add additional precious metals to the mix, especially silver.  I actually have an old silver certificate somewhere that guarantees it can be exchanged for physical silver on demand.  I don't see why you would have to limit it to a gold standard, but I understand about having something backing up the currency.  There has to be a better system than what we are using today, and I am sure if enough people put their heads together, they could figure out a way to abolish the federal reserve and come up with something better. 

 

 

Really that is more about the true value of currency, which is basically at present overrated by about 4-5 times the actual value, depending on whose numbers you accept.  So in all actuality, if you reverted back to the gold standard, 4 dollars right now is only worth 1 dollar.  20 dollars is only worth 5 dollars, and so on.  The larger the number, the more obvious the disparity between the actual value and the claimed value.

 

The real bottom line in all of this is not that complicated, the problem is found in spending more than what is coming in, and this applies across the board.  The general public is overwhelmingly in debt.  This is a result of people spending more than they make.  The government is overwhelmingly in debt.  This is a result of spending more than they make.

 

When the average guy goes out and maxes out his credit card, what happens?  Simple, he is out of money, no more to borrow.  He can't just keep reaching out and taking money anymore.  What happens when the government exhausts their supply?  They print more money.  This is why the dollar is 4-5 times out of scale with its actual value.

 

The gold standard was about the value of the gold, the actual value.  What you have today is a system of imaginary value.  The most clear example of the futility of this system was displayed in the dotcom boom in the 90's.  For the clearest example today, look at a company that is now considered a fortune 500 company, Facebook.  Where is the value in this company?  What assets do they possess?

 

When you look at a list of fortune 500 companies today versus a list of them from 20 years ago, the issue becomes much clearer.  Companies used to have assets, this is what made them valuable.  If they were to fold in that time, there were assets to recover those losses.  What does an investor in Facebook have as an assurance for their investment?  Nothing.  Unless you consider their server and computer equipment along with a roomful of twenty somethings to hold some sort of monetary value that comes out to billions of dollars.

[other one]

What would be your suggestion Other One to deal with the problem that exists?  The current system of continuing to spend well beyond what the government is taking in won't work forever, plus it is costing a fortune in interest. 

Attack fraud in all forms of government and banking.....       Pass a constitutional amendment to balance the budget unless we are in a Congressional declared war and force it's usage....

 

This in itself would cause our economy to explode in a positive way.     We should pay off all the debt that other countries loaned us then work on the Federal Reserve...       We could pay off the debt in probably 15 years if we chose to....   but stopping the negative spending has to be done no matter what system we might want to run.                 People need to understand that we have been living above our means for a long time and just stop living that way.

 

I know many many people who Dave Ramsey has helped get out of debt when they thought it was impossible.    I was part of one of his Facebook groups for some time and read of many people over a two or three year period paid off huge debts.   In every case one has to make a workable budget and stick to it.....   and it's really as simple as that.                  And it won't matter if we use gold backed dollars, or the Central Banks worthless dollars, for any or all of it is simply worth what we all agree to make it worth.             The american dollar is worth about 1/1300th of an ounce of gold.    Why?   Because that's what we agree to pay for it.    The American Dollar in Shawnee Oklahoma is worth about  three pints of gasoline.....    Because the companies have found we will pay that much for it and if they charge more their competitors will undercut their prices and sell more.       If we had a balanced budget and not spending more than we take in for the government, it would not matter what kind of money we were using.   A dollar worth a speck of Gold, or a fiat Dollar that we agree will buy three quarts of Gasoline.

 

 

I would like to get rid of the Federal Reserve though for they have done things in the long run that isn't in the best interests of "We the People"    but we had the Federal Reserve long before we got off the Gold Standard, and those folks have done really bad things to this nation since 1913 and the most damaging before we came off the gold standard.

[Uncertain]

A couple of problems with that Uncertain.  First of all, if you can't nominate a true conservative in the Republican primary, you can't get enough votes for them as a third party candidate, even 2, 3, 4 or more election cycles down the road.  As far as social wedge issues go, as a Christian, I believe God judges a nation based on things like abortion and gay marriage.  As such, we fall under a curse for sin.  To me, that is even more important than the hard, cold, economic facts.  For that reason, I will never leave the wedge issues off the table when picking a candidate.  If a candidate is not pro-life and they support gay marriage, I won't vote for them, regardless of how they are on fiscal matters.  I know many others feel the same way.  In 2008, had I thought Bob Barr could have won, and he was a pro-life Libertarian, I would have voted for him.  I knew he had no chance, but if he was a viable candidate, I would have voted for him over McCain or Obama.  In 2012, I would not have voted for Johnson, because he is pro-abortion.  I don't care where he stands on anything else.  I couldn't have voted for Hitler, even if he wasn't a socialist, but was a free market capitalist, if he supported the gas chambers for Jews.  The same thing goes for the killing of innocent babies.  There are just some things I won't compromise on.  If we want to succeed as a nation, we need God on our side, as well as sound economic policies.

On the topic of pro-life vs pro-choice:

Since 1975 here are some numbers for you to contemplate.

In the years with a pro-life president in the white house the average number of abortions per 1000 live births was 364.9 and 24.39 per 1000 people.

In the years with a pro-choice president in the white house the average number of abortions per 1000 live births was 339.9 and 23.22 per 1000 people.

[FresnoJoe]

Gold was a tangible asset....

Silver and other precious metals would also be something to consider....

 

 

Uppity Up Up

 

Thus says the LORD, "Cursed is the man who trusts in mankind And makes flesh his strength, And whose heart turns away from the LORD. Jeremiah 17:5 (NASB)

 

I will repeat one more time, the world wide economic crash is next year. It is well planned unlike the almost disaster event in 2008. I personally believe it will occur at the same time the biblical Daniel’s 70^th Week begins on September 23, 2015....

 

Those who stack the metals will become rich for a little while and those who trust in man and man’s paper game will lose everything they have.... http://www.silverdoctors.com/marshall-swing-on-wild-divergence-of-gold-silver-charts-something-is-about-to-happen/

 

And

 

Little children, keep yourselves from idols. Amen. 1 John 5:21 (KJV)

 

Downity Down Down

 

"Blessed is the man who trusts in the LORD And whose trust is the LORD. Jeremiah 17:7 (NASB)

 

“But the mauling that gold and silver experienced on Friday represents criminal activity in my opinion.  The Friday after Thanksgiving is traditionally one of the quietest trading days of year, and yet on that day the HUI declined nearly 8 percent.  Gold and silver equities remain the least expensive equities on the planet....

 

Embry added:  “A Citibank economist Willem Buiter came out with the most preposterous thing I’ve ever seen on the subject of gold.  He said, ‘It’s been in a 6,000 year bubble,’ and ‘It’s no different than a shiny Bitcoin.’ http://kingworldnews.com/shocking-historic-price-swings-in-the-gold-silver-markets/

 

For what shall it profit a man, if he shall gain the whole world, and lose his own soul?

 

Or what shall a man give in exchange for his soul? Mark 8:36-37 (KJV)

 

~

 

The LORD is for me; I will not fear; What can man do to me? Psalms 118:6 (NASB)

 

Love, Your Brother Joe

[Uncertain]

That stat you gave Uncertain is worthless.  One abortion is one too many.  Had we had one pro-life Republican after another with a Republican controlled Senate to confirm judicial nominees, the issue of abortion would have gone back to the states.  The reason we still have abortion at the numbers we do is because we keep flipping back and forth between Republican and Democrat, and because there are times where we have had a pro-life President and a Democratically controlled Senate blocking good people like Robert Bork.  Had we continued to elect only pro-life candidates, abortion would be illegal by now.

Or it could be that on a national level that nobody is pro-life except in name only. That once they make it to the national level power, votes and the party apparatuses override any personal feelings on the subject. From a party standpoint the abortion debate is the number one issue to assure yourself of votes from a particular group, and if that debate ever went away you have lost votes that you count on to win elections.

And Bork was a kook.

[other one]

Other One, your ideas would certainly take us in the right direction. 

My problem with it is that most of my conservative friends are caught up in the gold standard thing that they miss the real problem.......    this all started long before we got off the gold standard.

[FresnoJoe]

if that debate ever went away....

you have lost votes that you count on to win elections....

 

 

If The Law

 

Ye have heard that it was said by them of old time, Thou shalt not kill; and whosoever shall kill shall be in danger of the judgment:

But I say unto you, That whosoever is angry with his brother without a cause shall be in danger of the judgment:

and whosoever shall say to his brother, Raca, shall be in danger of the council:

but whosoever shall say, Thou fool, shall be in danger of hell fire. Matthew 5:21-22

 

Ever Went Away

 

Heaven and earth shall pass away:

but my words shall not pass away. Luke 21:33

 

Justest Would Rule The Cosmos

 

But the day of the Lord will come like a thief, in which the heavens will pass away with a roar

and the elements will be destroyed with intense heat,

and the earth and its works

will be burned up. 2 Peter 3:10 (NASB)

[Uncertain]

Robert Bork was a brilliant man who should have been confirmed.  He was one of the most qualified men or women ever to be nominated to be on the Supreme Court. 

 

The abortion debate would never go away.  I have heard this argument, and it holds no water.  If the Supreme Court were to overturn Roe vs Wade, it would send the matter back to the states.  Each election cycle, the debate would continue, because it would be possible to do anything from outlaw it completely, to place regulations on the practice.  Those of us who are pro-life would have more reason than ever to back our pro-life candidates.  The only thing that could end the debate in my side's favor is a Constitutional Amendment outlawing it, but even then, liberals would try to repeal the Constitutional Amendment.

So, you know based on the actual numbers that abortion does not change much no matter which party holds power, and you admit the debate, thus the procedure, is never going to end.

Yet you still use this issue as the basis of your votes.

And people wonder why nothing ever changes. Has it ever occurred to you that you are doing exactly what they want you to do? A divided people are easy to control.

[Uncertain]

I am aware that if we continued to elect pro-life conservatives election after election, Roe vs Wade would have been overturned many years ago, meaning that the number of abortions would have been drastically reduced overnight because many states have laws that ban the practice that would go into effect immediately, and most have some restrictions.  Here are some other things that I know.

 

1.  No third party candidate is going to become President.

2.  All a third party candidate does is take votes away from someone that can actually win.

3.  If we can't get enough votes to win a primary battle, we can't win in a general election.

4.  The majority of Americans are center-right, not Libertarian, so without a coalition between different factions in the GOP, we have no chance of electing anyone even close to a conservative.

5.  If a third party candidate was President, they would have nobody to work with in Congress to get anything done.

 

Who are these people I am supposedly following by doing what they want?  It isn't the Democrats.  They want me to vote for them.  It isn't people like you, who are trying to get me to believe it is best to throw away my vote on a third party candidate that can't win.  Of course it is the GOP, because they want my vote.  There is zero chance I will ever vote for a pro-choice candidate if I have a pro-life alternative, so my advise to those of you who are pushing a third party Libertarian candidate is that you make darn well sure you nominate someone who is pro-life.  Under the right circumstances, it is possible that some of us who are normally reliable Republicans might cross over is our candidate is a major RINO.  If you pick someone who is pro-choice, they won't get my vote or the vote of most evangelical Christians.  That is just reality, so you might as well accept it, like I have to face the fact everyone in the country doesn't see things like I do.

you cannot know what would have happened, all you have to go on is what you are told by the party, the same party that has done nothing to slow abortion on the national level. Despite 3 decades of breaking promise after promise you still trust them. That makes no sense. GWBush was small government conservative till he got to the White House, then he was anything but. He lead the way to ObamaCare with his Drug Plan.

As to who's bidding you are doing, it is those that control both the parties and that is the same group. You are given the illusion of choice every two years to keep you in line while in reality you are not really getting a choice. Do you think it is just an accident that every opponent of a incumbent president since Clinton has been incredibly weak and never had a chance to win? This is by design, not accident.

Everything you said about a 3rd party is correct, and each and every year you make sure that it is correct. It is said that the definition of insanity is doing the same thing over and over expecting different results. It is also the definition of our political system. And you are a happy contributor to the problem.

[udx]

 

When you look at a list of fortune 500 companies today versus a list of them from 20 years ago, the issue becomes much clearer.  Companies used to have assets, this is what made them valuable.  If they were to fold in that time, there were assets to recover those losses.  What does an investor in Facebook have as an assurance for their investment?  Nothing.  Unless you consider their server and computer equipment along with a roomful of twenty somethings to hold some sort of monetary value that comes out to billions of dollars.

 

From a person who has taken accounting, I cringe at this statement.

No company is ever valued at its asset value if it is a profitable company. A company is value at what is worth based on not just its assets, but its intangible assets, profitability and potential for profit. A company is only value at its asset value when it is going to be liquidated.