Quote:
Originally posted by Buff@Feb 3 2003, 11:34 PM
Of course, we could always go back to having the Congress abide by the Constitution. And while we're at it, maybe we can have the President and the Supreme Court abide by it too. I guess that's too much to ask, though.
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This is exactly the problem, our elected officials do not follow the constitution. The constitution was written so that government would stay small and in check.
An example of this, and there are many, is the way our money system is so blatantly miss used.
Article Sec8 - The congress shall have the power to coin money and regulate the value thereof
Article Sec10 - No state shall make anything but gold and silver coin a tender in payments of debt.
This keep the government in check so they would not print as much money as they wanted. Well in 1974 Nixon closed the gold window and now our government had a wide open printing press.
Our founding fathers did not want this, this is bad.
The government now prints trillions of worthless paper (no goldbacked = no value) each year. This inflates prices (inflation). Most of this worthless paper is diverted back into the stock market.
If the government would stop printing all this money, this would allow prices to fall, your savings will be worth more, and then people will spend more.
Last edited by LAJeff at Feb 4 2003, 10:35 AM