Rand Paul - Potential 2016 Presidential Bid

Discussion in 'Elections & Campaigns' started by leftlegmoderate, Nov 20, 2012.

  1. goober

    goober New Member

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    The treasury can coin lawful money from zinc or copper or nickel or steel or brass, or whatever else congress authorizes.
     
  2. monkeymonk

    monkeymonk New Member

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    :thumbsup:

    ...even something like a bitcoin.
     
  3. goober

    goober New Member

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    Actually, when the treasury coins metal it's money and the difference between the cost and the face value of the coin is seignorage, and it counts as revenue.
    Paper money counts as debt.
    Not sure what bit coin would count as, although I think that the electronic form of dollars count as debt.
     
  4. monkeymonk

    monkeymonk New Member

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    Unfortunately, we have passed the day and age when money had an actual intrinsic value. The monetary system and credit is merely debt, but in today's paradigm of debt based schemes, we have no stop gap or a just measurable weight or balance. That of goods and services as primarily it should have always been, ...while GDP surpassed... China given direct bidder access to Treasury auctions... to what value should a credit carry, especially when it comes to American taxes? Wouldn't a highly developed computer program to weigh the direct influx of goods and services to that of a credit value be much more efficient than running a country on boom and busts by the whims of a few men with the power to coin money - or in today's terms, create a credit? This lottery play time for the fiscally liquid is costing the country detrimentally in infrastructure, education, healthcare, and the public services for a civilized society... while the debt based system schemes creates the welfare, poverty, uneducated, unhealthy, and the disparity.

    There needs to be a monetary reform at the very basis of the ideals of monetary systems... this plutocracy will slowly bleed itself to death and leave nothing of actual value behind.
     
  5. Teutorian

    Teutorian New Member

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    If he starts pandering to the worst elements of the GOP I'm sitting home again, and so will millions of others, and the Democrats can have the nation for another eight years and continue running it into the ground.

    If the last election taught (or should of taught) the neo-cons anything, it's that we'll sit home now, and not just go along, like we did, for the last time, with John McCain.

    I sat home and watched Romney go down in flames and I'll happily do it again if that's what it takes.
     
  6. Ex-lib

    Ex-lib Well-Known Member Past Donor

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    That's stupid.
     
  7. The Real American Thinker

    The Real American Thinker New Member

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    It's accurate, actually.
     

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