|
Printer-friendly format Email this thread to a friend Bookmark this thread |
Home » Discuss » Topic Forums » Economy |
dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 09:34 AM Original message |
6 states want to create their own currency, bypassing Fed. Reserve Notes. |
Refresh | +4 Recommendations | Printer Friendly | Permalink | Reply | Top |
jtuck004 (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 09:43 AM Response to Original message |
1. Funny |
Printer Friendly | Permalink | Reply | Top |
Pab Sungenis (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 09:49 AM Response to Original message |
2. Nope. Unconstitutional. |
Printer Friendly | Permalink | Reply | Top |
HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:07 AM Response to Reply #2 |
6. What's behind it? |
Printer Friendly | Permalink | Reply | Top |
dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:32 AM Response to Reply #6 |
11. Sounds as if they are thinking IN state commerce. |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 07:03 AM Response to Reply #6 |
18. The Franklin Mint doesn't sell "rare coinage" |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 06:56 AM Response to Reply #2 |
17. Of course, the Constitution also prohibits the States |
Printer Friendly | Permalink | Reply | Top |
notesdev (1000+ posts) Send PM | Profile | Ignore | Mon Feb-28-11 11:27 AM Response to Reply #2 |
25. True, but California got away with it |
Printer Friendly | Permalink | Reply | Top |
happyslug (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 10:03 PM Response to Reply #2 |
28. The Constitution only forbids coining of money to the states |
Printer Friendly | Permalink | Reply | Top |
Dr. Righteous (11 posts) Send PM | Profile | Ignore | Tue Apr-19-11 04:50 PM Response to Reply #2 |
37. BUT.... |
Printer Friendly | Permalink | Reply | Top |
lib2DaBone (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 09:57 AM Response to Original message |
3. Get rid of the Fed... issue bonds payable in 20 years ..... |
Printer Friendly | Permalink | Reply | Top |
golfguru (1000+ posts) Send PM | Profile | Ignore | Tue Mar-15-11 02:07 AM Response to Reply #3 |
30. +1000 |
Printer Friendly | Permalink | Reply | Top |
LiberalEsto (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:05 AM Response to Original message |
4. It'll be worth as much as Conferedate dollars nt |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 07:08 AM Response to Reply #4 |
19. Today, Confederate paper dollars are usually worth more |
Printer Friendly | Permalink | Reply | Top |
happyslug (1000+ posts) Send PM | Profile | Ignore | Mon Mar-14-11 10:44 PM Response to Reply #19 |
29. At the time of the Civil War, it was common on both sides to issue only paper money, as low as 3Cent |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Mar-20-11 05:42 PM Response to Reply #29 |
32. When the war started, cents were being made of copper-nickel |
Printer Friendly | Permalink | Reply | Top |
TreasonousBastard (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:07 AM Response to Original message |
5. Not only is this idiotic scheme unconstitutional... |
Printer Friendly | Permalink | Reply | Top |
dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:30 AM Response to Reply #5 |
9. Vermont seems to have found the loophole. |
Printer Friendly | Permalink | Reply | Top |
TreasonousBastard (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 12:24 PM Response to Reply #9 |
14. Near as I can tell, it hasn't happened-- just a pipe dream from this guy. But.... |
Printer Friendly | Permalink | Reply | Top |
dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 01:15 PM Response to Reply #14 |
15. "Lincoln stopped it by putting a 10% tax on the coins" |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 07:34 AM Response to Reply #15 |
22. I don't think that's quite true |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 07:27 AM Response to Reply #14 |
21. Local currencies are called "scrip" |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 07:18 AM Response to Reply #9 |
20. That article was written in August 2007 |
Printer Friendly | Permalink | Reply | Top |
MineralMan (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:09 AM Response to Original message |
7. Many bills are introduced. Few become law. |
Printer Friendly | Permalink | Reply | Top |
Historic NY (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:22 AM Response to Original message |
8. They're going against the" Founding Fathers" ..... does the Secret Service know..... |
Printer Friendly | Permalink | Reply | Top |
dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:37 AM Response to Reply #8 |
12. They are not making it. The article clearly states they are doing a study of the idea. |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 07:38 AM Response to Reply #8 |
23. The US MInt (Treasury) is going against the "Founding Fathers" |
Printer Friendly | Permalink | Reply | Top |
howaboutme (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 10:31 AM Response to Original message |
10. At one time short term GO Muni Bearer Bonds |
Printer Friendly | Permalink | Reply | Top |
qb (1000+ posts) Send PM | Profile | Ignore | Fri Feb-25-11 11:30 AM Response to Original message |
13. LOL... we'd be the anti-EU! |
Printer Friendly | Permalink | Reply | Top |
snot (1000+ posts) Send PM | Profile | Ignore | Sat Feb-26-11 12:18 AM Response to Original message |
16. I'm v. concerned about the Fed's QE; but could these be RW conspiracy hype? |
Printer Friendly | Permalink | Reply | Top |
Taitertots (1000+ posts) Send PM | Profile | Ignore | Sun Feb-27-11 01:42 PM Response to Original message |
24. Who are the many widely recognized experts? |
Printer Friendly | Permalink | Reply | Top |
eridani (1000+ posts) Send PM | Profile | Ignore | Tue Mar-01-11 07:49 AM Response to Original message |
26. There are a lot of local currencies in use already |
Printer Friendly | Permalink | Reply | Top |
roamer65 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-01-11 09:06 PM Response to Original message |
27. I like 5-10% inflation. |
Printer Friendly | Permalink | Reply | Top |
fasttense (1000+ posts) Send PM | Profile | Ignore | Tue Mar-15-11 05:30 AM Response to Original message |
31. If they are so worried about the solvency of the Fed. |
Printer Friendly | Permalink | Reply | Top |
abelenkpe (1000+ posts) Send PM | Profile | Ignore | Mon Mar-21-11 06:51 PM Response to Reply #31 |
33. +1 for a sensible comment nt |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Wed Mar-30-11 03:17 AM Response to Reply #31 |
34. If they are so worried about the solvency of the Fed, |
Printer Friendly | Permalink | Reply | Top |
dixiegrrrrl (1000+ posts) Send PM | Profile | Ignore | Wed Mar-30-11 09:03 AM Response to Reply #34 |
35. "IF" the deposits were Fed dollars... |
Printer Friendly | Permalink | Reply | Top |
Art_from_Ark (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 09:37 AM Response to Reply #35 |
36. States can't print their own money |
Printer Friendly | Permalink | Reply | Top |
Bill USA (628 posts) Send PM | Profile | Ignore | Tue Apr-19-11 05:25 PM Response to Original message |
38. here's the guy who thought this one up.....picture |
Printer Friendly | Permalink | Reply | Top |
DU AdBot (1000+ posts) | Sun Dec 22nd 2024, 08:33 AM Response to Original message |
Advertisements [?] |
Top |
Home » Discuss » Topic Forums » Economy |
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.
Home | Discussion Forums | Journals | Store | Donate
About DU | Contact Us | Privacy Policy
Got a message for Democratic Underground? Click here to send us a message.
© 2001 - 2011 Democratic Underground, LLC