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The American Empire in a Changing World



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Friday, December 30, 2011

''Budget Collapse: Too Much Free Money''

to bad congress is owned by money printing wall street scum.......NEmpire....

read more from american spectator.....

"Congress need only mobilize its unique, Article I, constitutional power "to coin money and regulate the value thereof." From 1792 to 1971 Congress defined by law the gold value of the currency such that paper dollars and bank demand deposits were convertible to their gold equivalent -- by the people (1792-1914) and/or by governments (1933-1971). Congress should exercise this constitutional power to restore dollar-gold convertibility, because of the proven budgetary and economic growth benefits of a dollar as good as gold."

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