Jump to content


- - - - -

The Honest Money Act


This topic has been archived. This means that you cannot reply to this topic.
284 replies to this topic

#1

  • Guests
  • 0 posts

Posted 04 August 2003 - 07:21 AM

Bring Back Honest Money

by Rep. Ron Paul, MD


Ron Paul in the US House of Representatives, July 25, 2003

Mr. Speaker, I rise to introduce the Honest Money Act. The Honest Money Act repeals legal tender laws, a.k.a. forced tender laws, that compel American citizens to accept fiat (arbitrary) irredeemable paper-ticket or electronic money as their unit of account.

Absent legal tender laws, individuals acting through the markets, rather than government dictates, determine what is to be used as money. Historically, the free-market choice for money has been some combination of gold and silver, whenever they were available. As Dr. Edwin Vieira, the nationís top expert on constitutional money, states: ďA free market functions most efficiently and most fairly when the market determines the quality and the quantity of money thatís being used.Ē

While fiat money is widely accepted thanks to legal tender laws, it does not maintain its purchasing power. This works to the disadvantage of ordinary people who lose the purchasing power of their savings, pensions, annuities, and other promises of future payment . . .

In full


Rep. Ron Paul's introduction of The Honest Money Act, HR 2779, on July 25 is an idea whose time has not only come but is long overdue.

I'm asking two things from all of you who would support this:

First, please start a chain emailing of this article to all of your contacts and ask them to do the same, etc. Let's do our part in making as many people as possible in this country aware of the existence of this proposed legislation. The ultimate goal here, as in the anti-carry tax campaign, is to reach as many other legislators as possible to encourage and facilitate broad-based support for this.

Second, please start sending this courageous statesman lots of good energy, prayers and white light so that The Force is with him in this as well as to provide him with whatever protection he might need.

#2 chibear

chibear

    Bachelor of Stock Proctology

  • Members
  • PipPip
  • 748 posts

Posted 04 August 2003 - 07:34 AM

Good morning Stoolies.

This figure is normally not a biggie, but might be more important now with the massive betting on the Great Second half Recovery.


10:00 am (EDT): Factory Orders for June, prior 0.4%, consensus 1.5%

#3 DrStool

DrStool

    Chief of Stock Proctology

  • Admin
  • PipPipPipPipPipPipPipPipPip
  • 83,487 posts

Posted 04 August 2003 - 08:12 AM

Good Morning and Good Stool to all. Hope you had a great weak end!

Your Golden Stool, including short and long term updated charts and price targets, is now loaded, and it should make goldbugs nervous. Even if you are not a goldbug, you should read the Golden Stool.Take a subscribatory and get the latest release of the Golden Stool from your Anals RIGHT NOW! And remember all that's gold, doesn't always glitter. Or sumpthin'.

Doc will be back with a Suctor Watchs update and your pre-market outlook in the Anals, around 9:00 SHT. If you are interested in fine tuning your timing, Stooltrading is the place for you. Doc gives commentary and illustrations of intraday cycles throughout the day with projections for highs, lows, and cycle time turns for the SPX and QQQ, that are frequently right on the money. He also gives cmap targets for individual stocks by request. Many of your fellow stoolies share their charts and trading ideas as well. Each has a different style, and one may be just right for you. There are no superstars in Stooltrading, just Doc and a group of hard working Stoolies, honestly trying to help each other and themselves, constantly checking and balancing one another's views. Yes, it's always good to have checks and balances. The more checks the more the balances. So take a subscribatory to Stooltrading RIGHT NOW, and increase your checks and balances! Become a Stooltrader and join the fun!

If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!

#4 wndysrf

wndysrf

    Dean of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPipPip
  • 34,219 posts

Posted 04 August 2003 - 08:37 AM

Enjoyed a nice long weekend outside of the Arena, away from all of the discussion about gaming the Matrix.

Looks like I returned just in time for the usual 3:00am Pee Boner, which shows up with regularity when there are too many cat calls about an impending selloff.

Rather shocked to see a non-reaction to the ongoing T-Bond disaster, except for the crack in the bank index.

But that shouldn't surprise anyone.

Banks are not the economy.

T-Bonds are not the economy.

AMAT is the economy.

Follow AMAT, the guidepost to your future, my future, the Paper Pyramid's future, Al Green's future, and all the rest.....

Keno table pit bosses over in Europe upgrading Infineon and ASML this morning, so the Supermodels will be getting another bra strap hike......
PigMen Proprietary Trading Desk

The Weimar Run: Bullphoria!!!!

#5 Dharmaeye

Dharmaeye

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,943 posts

Posted 04 August 2003 - 09:01 AM

Silver gapped down, oil taking off, looks like a turbulant day.
Careful :unsure:

#6 HiHat

HiHat

    Master of Stock Proctology

  • Members
  • PipPipPip
  • 1,316 posts

Posted 04 August 2003 - 09:12 AM

Plan I am working with now, is to short
SP at around 990 area......................

#7 Dharmaeye

Dharmaeye

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,943 posts

Posted 04 August 2003 - 09:14 AM

E-brokers see surge in margin loans. - a sign of peaking?
http://www.msnbc.com...?vts=8420030542

#8 strikerm3

strikerm3

    Master of Stock Proctology

  • Banned
  • PipPipPip
  • 1,533 posts

Posted 04 August 2003 - 09:24 AM

KRY up nice, wonder if she holds.....

Dharma, where do you track silver if you dont mind?

#9 Dharmaeye

Dharmaeye

    Doctor of Stock Proctology

  • Members
  • PipPipPipPip
  • 2,943 posts

Posted 04 August 2003 - 09:29 AM

KRY up nice, wonder if she holds.....

Dharma, where do you track silver if you dont mind?

http://www.prophet.n...chartstream.jsp
with SI0309 for the 9th month contract

#10 Bearman

Bearman

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 14,811 posts

Posted 04 August 2003 - 09:38 AM

Morning

Doc no see pre mk update?????????????????????????

#11 mjkst27

mjkst27

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 5,012 posts

Posted 04 August 2003 - 09:39 AM

Doc's on vacation

#12 Bearman

Bearman

    Dean of Stock Proctology

  • Members
  • PipPipPipPipPipPipPipPipPip
  • 14,811 posts

Posted 04 August 2003 - 09:41 AM

The cat is out of the Bag :o

L O B

#13 mjkst27

mjkst27

    Professor of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPip
  • 5,012 posts

Posted 04 August 2003 - 09:41 AM

pre-market jam job fading away? it was like storybook forest on CNB_C this am. No problemas anywhere. Birds chirping...

Seems the stooliebears are tired...not as much posting going on, sign of a top?

#14 wndysrf

wndysrf

    Dean of Stock Proctology

  • Banned
  • PipPipPipPipPipPipPipPipPip
  • 34,219 posts

Posted 04 August 2003 - 09:41 AM

Watch the Large Breasted Wonders (KLAC, NVLS, AMAT)

Possible bearish engulfing today.

PreMarket Ramp Job on the semi's is not holding.
PigMen Proprietary Trading Desk

The Weimar Run: Bullphoria!!!!

#15

  • Guests
  • 0 posts

Posted 04 August 2003 - 09:44 AM

I could not get into my Whatahose account this morning. I called Whattahose and they told me to go to this address:
www.tdwaterhose.com/aol
Try this is any of you have a problem. They are having "some problems."
I'd say! :angry:





Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!
Get Mugged!


Dr. Stool's
Book Search

Enter title, author, or keyword
Just books
All Products





Old Stool Depository

Live Steaming Pile Chart