"With the monetary system we have now,
the careful saving of a lifetime
can be wiped out in an eyeblink."
by:
Larry Parks
Executive Director, Foundation for the Advancement of Monetary Education (FAME)
Rating:
Categories:
 
Bookmark and Share  
Reader comments about this quote:
If our savings haven't been taken already, they will be in the not too distant future...
 -- E Archer, NYC     
    		•  
    That's what I am worried about.
     -- Ben, Orem, UT     
    		•  
     -- Mike, Norwalk      
    Too late. The dollar which grampa earned and saved is worth a nickel today. Kind of makes producing and saving an exercise in futility.
     -- Bryan Morton, Stuart, Florida     
    		•  
    Cheer up, you kill joys,don't you know that Obama is going to save the day and the check's in the mail. It only makes sense that when a country is up to it's ears in red ink to spend another 800 billion or so. Happy days are here again, comrads.
     -- jim k, austin     
    		•  
    An eyeblink being the time it takes to push the "enter" key, which opens up a whole new line of thought. If they can "lose" 2 trillion in 2001, it's certainly possible one might go to withdraw from his account and oops, somehow his money got lost!
     -- Anon     
    		•  
    Blessed are the nonsavers for they cannot be wiped out. The Buffets, Gates, and Trumps must be shaking in their boots. I am being facetious above of course. The biggest wipe outs have been from white collar theives, like Madoff, and corporate scandals like Enron and World Com. Maybe we should give the death penalty or life without parole for these folks similar to the penalties we give kids that rob convenience stores. Is this guy not only the President but the one and only member of FAME. I will google him and his org and report back.
     -- Waffler, Smith     
    		•  
    Yeah he has something going called Fight for Honest Monetary Weights and Measures.
     -- Waffler, Smith     
    		•  
    What's missing is a definition of money as a medium of exchange and an objective assessment of the positive and negative attributes of various substances in fulfilling that role. One positive attribute is a relatively fixed value relative to other goods and services. Precious metals fulfill that role well. Consider, for example, that one ounce of gold will still purchase about the same goods or services today that it would in the late 1800s. A negative attribute is the ease in which a medium of exchange can be manipulated, such as in counterfeiting. Legitimately or illegitimately is irrelevant. The result is still a gain for those who expand the supply and a loss for those use the inflated medium. Honest money should be a measure of value. Just like one cup of flour should always be no more or no less. If you went to the butcher shop only to discover that a pound of meat, which was 16 ounces two weeks ago, and 14 ounces last week, was 12 ounces this week, you would call him a thief and rightly so. It should be the same when the Fed creates and devalues currency. Precious metals are still being discovered and mined, but there's much more capital, (time, energy and equipment), expended in that process than there is at the Fed's presses and much less precious metals found than dollars printed, which is why the value of the dollar has declined relative to gold. It took only $20 to buy an ounce of gold in the 1800s. Today you must have about $900 to buy that same ounce. As I said, it's not that the value of gold has risen relative to other goods and services, but that the value of the dollar has fallen. It'll be that way until alchemy becomes a reality.
     -- Bryan Morton, Stuart, Florida     
    		•  
    "And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. A measure of wheat for a penny, and three measures of barley for a penny..." Seems like somebody else likes honest weights, measures, and money too.
     -- Ken, Allyn, WA     
    		•  
    ADVOCACY FOR ALL BANKS LOSS IS NOT PONZI SCHEME BONANZA BEWARE BILDERBERGS ARE IN CONTROL For more info contact dbaker007@stx.rr.com
     -- DWIGHT BAKER, EAGLE PASS TX     
    		•  
    PONZI SCHEME = BUSH BUNCH=OBAMA CREW=BILDERBERGS RIP OFF $55 Trillion =BUSH BUNCH=OBAMA CREW=BILDERBERGS OUR LOSS = EVERYTHING =MORE –lets us all pray today for divine help SWINE FLU =BUSH BUNCH affects all http://www.brasschecktv.com/page/609.html A Public Service Awareness Notice We The Peoples Advocates WTPA we are providing the only HOPE in saving our great nation. So JOIN IN and ENLIST to serve with your VOICES being heard and your VOTES being counted and moved along to our lobby group in Washington DC to power push the peoples needs, wants and wishes in our cities, states and Federal Governments. Info contact Dwight Baker Dbaker007@stx.rr.com
     -- DWIGHT BAKER, EAGLE PASS TX     
    		•  
    BILL CLINTON =BILDERBERG IS THIEVERY IN HIGH GEAR? -------- READ THE LIST BELOW OBAMA ADMINISTRATION =BILDERBERG BIG BANKS =BILDERBERG REAL ESTATE PONZI SCHEME= OBAMA = BILDERBERG =$55 TRILLION Those that espouse to the tenets of the secret group of BILDERBERG are those in Obama cabinet and the BILDERBERG have published intentions of running the world. Sound like NAZI Germany not far from wrong. And while those in that mindset are running rampant ------ we the people in the US today are treated as dunces standing in the corner with our nose in a hole. On President OBAMA staff are those that are ripping our nation apart and giving all the cream to their buddies in the BILDERBERG group. Case in point Chrysler is forced into bankruptcy ----- FIAT is going to take over, who looses is the investors to the tune of $6.9 billion chump change when you are a Bilderberger. NOW THIS GUY Giovanni_Agnelli started FIAT long ago and ponyed up to Nazi Germany and made a fortune while doing ---- along with many other seemed big GOOD CORPORATE NAMES that run ads on our TV VIEW STATIONS laying claim to be the worlds salvation in all ways. CAUTION LOOK FOR THE CON. Short list of BILDERBERGS ■ George W. Ball[6] (1954-1992), former U.S. diplomat ■ John Edwards[7][8] ■ Gerald Ford[9] ■ Bill Clinton[10] (1991), former US President, 1993 - 2001 ■ Jon Corzine (1995 - 1997[4], 1999, 2003, 2004), former US Senator, current Governor of New Jersey ■ Richard N. Haass (1991, 2003, 2004[11]), president, Council on Foreign Relations ■ Lee H. Hamilton (1997[4]), former US Congressman ■ Christian Herter[12] (1961, 1963, 1964, 1966), former Secretary of State ■ Richard Holbrooke (2006), former U.S. Ambassador to the United Nations ■ Joseph E. Johnson[13] (1954), former President, Carnegie Endowment for International Peace. ■ Henry Kissinger[11] (1957, 1964, 1966, 1971, 1973, 1974, 1977-2008), Secretary of State, 1973 - 1977 ■ Sam Nunn (1996, 1997[4]), former US Senator ■ Rick Perry[14] (2007), Current Governor of Texas ■ Kathleen Sebelius[15], Kansas governor and nominee for the the Health and Human Services secretary post ■ Timothy Geithner[16], Treasury Secretary ■ Lawrence Summers[17], Director of the National Economic Council ■ Paul Volcker[18], Chair of the President's Economic Recovery Advisory Board Giovanni Agnelli creator of the FIAT car line that led too much more. Read http://books.google.com/books?id=dK44ciNfx6MC&pg=RA1-PA35&lpg=RA1-PA35&dq=Giovanni+Agnelli+%3D+NAZI+GERMANY&source=bl&ots=49ge2sIGl4&sig=MXrqEMfv2_dUz4hiujVBx-BKoxI&hl=en&ei=IcbwSbjbM82JtgfP9_nBDw&sa=X&oi=book_result&ct=result&resnum=4 http://en.wikipedia.org/wiki/Giovanni_Agnelli http://www.bilderberg.org/bilder.htm http://www.tribalmessenger.org/columns/blogs/tivana/who-are-they.htm So now once again President Obamas star powers the BILDERBERGS has come into action screwing us once more in the first few days of his administration and how could he not know? GO FIGURE. So as most of us tried to stay up with Dick Cheney and Karl Rove as they drove US into the ditch many times ------ NOW who has enough of a criminal mind to look into the future and see how Chrysler will rival again as a big winner once FIAT takes the reigns. And who in the bunch of President Obamas staff will see a big thought to be golden parachute for cutting and slicing up our manufacturing base and selling it off for pennies on a dollar to war time criminals in WWII the BILDERBERGS. A Great man said long ago----SEEK TO KNOW THE TRUTH -----AND THE TRUTH WILL SET YOU FREE. Blind assumptions led by our depraved media moguls today do not lead any to know the TRUTH. Knowing that ----- go study. We The Peoples Advocates WTPA are providing the only HOPE in saving our great nation. So JOIN IN and ENLIST to serve with your VOICES being heard and your VOTES being counted and moved along to our lobby group in Washington DC to power push the peoples needs, wants and wishes in our cities, states and Federal Governments. Info contact Dwight Baker Dbaker007@stx.rr.com
     -- DWIGHTBAKER, EAGLE PASS TX     
    		•  
    THE AMERICAN CON JOB DOES HOLDER HAVE THE GUTS TO GET THE JOB DONE GOES MUCH DEEPER THAN MOST THINK OR EVEN CAN BELIEVE WE HAVE BEEN SEEING SMOKE ---- MAYBE CIA SMOKE WHAT HAS PRESIDENT OBAMA AND CREW BEEN DOING WHILE THE REAL FIRES HAVE BEEN RAGING? We must in an effort hurriedly stop being as mundane morose morons and take on the right and just tasks of changing one vital missing step in our current democratic process by adding a true voice of WE THE PEOPLE in having and supporting our own lobby in Washington DC. Now for those what want to know the truth beyond a shadow of doubt click on the site below and you will ----- if sane will want to SHOUT OUT. STOP THE MADNESS RIGHT NOW The truth is below not from our USA bought for VIEWS http://statismwatch.ca/2009/04/19/us-to-put-conditions-on-bank-bailout-repayments/ OFTEN MORE TIMES THAN NOT THE VICTIMS MESSAGES ARE MORE PROFOUND FAMOUS QUOTES BY FREDRICK DOUGLAS 1818 ----- 1885 America is false to the past, false to the present, and solemnly binds herself to be false to the future. At a time like this, a scorching iron, not convincing argument, is needed. Find out just what any people will quietly submit to and you have the exact measure of the injustice and wrong, which will be imposed on them. I prefer to be true to myself, even at the hazard of incurring the ridicule of others, rather than to be false, and to incur my own abhorrence. If there is no struggle, there is no progress. It is easier to build strong children than to repair broken men. It is not light that we need, but fire; it is not the gentle shower, but thunder. We need the storm, the whirlwind, and the earthquake. No man can put a chain about the ankle of his fellow man without at last finding the other end fastened about his own neck. Power concedes nothing without a demand. It never did and it never will. The life of a nation is secure only while the nation is honest, truthful, and virtuous. The limits of tyrants are prescribed by the endurance of those whom they oppose. The thing worse than rebellion is the thing that causes rebellion. To suppress free speech is a double wrong. It violates the rights of the hearer as well as those of the speaker. Where justice is denied, where poverty is enforced, where ignorance prevails, and where any one class is made to feel that society is an organized conspiracy to oppress, rob and degrade them, neither persons nor property will be safe. Dwight Baker Chairman THE VOICES FOR WE THE PEOPLES ADVOCATES ---WTPA for Grass Roots Actions needed for forming our own truth filled lobby in Washington DC to power punch our VOICES and VOTES of the people for our rights to life in acts of equity with Justice. Co-founder Bondservants of Christ Jesus Ministries serving the needs in the DR CONGO PO BOX 7065 Eagle Pass, TX 78853 Tel/fax 1-830-773-1077 Contact E-mail dbaker007@stx.rr.com
     -- DWIGHT BAKER, EAGLE PASS TX     
    		•  
    Executive Order 11110 AMENDMENT OF EXECUTIVE ORDER NO. 10289 AS AMENDED, RELATING TO THE PERFORMANCE OF CERTAIN FUNCTIONS AFFECTING THE DEPARTMENT OF THE TREASURY By virtue of the authority vested in me by section 301 of title 3 of the United States Code, it is ordered as follows: SECTION 1. Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended -- (a) By adding at the end of paragraph 1 thereof the following subparagraph (j): "(j) The authority vested in the President by paragraph (b) of section 43 of the Act of May 12, 1933, as amended (31 U.S.C. 821 (b)), to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury not then held for redemption of any outstanding silver certificates, to prescribe the denominations of such silver certificates, and to coin standard silver dollars and subsidiary silver currency for their redemption," and (b) By revoking subparagraphs (b) and (c) of paragraph 2 thereof. SEC. 2. The amendment made by this Order shall not affect any act done, or any right accruing or accrued or any suit or proceeding had or commenced in any civil or criminal cause prior to the date of this Order but all such liabilities shall continue and may be enforced as if said amendments had not been made. JOHN F. KENNEDY THE WHITE HOUSE, June 4, 1963. If Johnson only had a set we wouldn't be in this situation,
     -- Jeff, Fairfield     
    		•  
    "Congress cannot abdicate it's duty and delegate it to another group" U.S. Supreme Court. Schecter Poultry Corp. v US 295 US 405 1935. Google "Federal Reserve fraud" How do you amend without amending? Has it ever been amended? It states "Congress shall have power to coin money and regulate the value thereof".
     -- Ron Moss, Tacoma     
    		•  
     
    Rate this quote!
    How many stars?
    0
    1
    2
    3
    4
    5
     
    What do YOU think?
    Your name:
    		 Your town:
        CLICK JUST ONCE!

    Today's Quotes
    More Quotations
    Most Popular
    Recent Comments
    Get a Quote-A-Day! Free!
    Liberty Quotes sent to your mail box.
    RSS Subscribe
    Quotes & Quotations - Send This Quote to a Friend

    © 1998-2017 Liberty-Tree.ca