The US dollar is not backed by gold any longer since FDR outlawed that in the early ’30’s. All those old gold backed notes had to be turned in for the new ones. William Jennings Bryan would have finally been so pleased. You recall his famous speech about not punishing the American public on this [...]
Posts Tagged as ‘value’
August 7, 2008
Value and Meaning of the Dollar
If you believe this nation does not have its roots in religious beliefs then you should think again. Our modern mania with “diversity” and political correctness has turned into revisionist history; that mania would have you believe that there is no religious foundation to our American mores and culture and that all religion or mention of [...]
March 25, 2008
Echos of the Past
The Good Book teaches there is nothing new under the Sun. Is that true? Some are concerned about our current economic circumstances and act like we have never faced anything like this before. We, referring not just to the United States. The concern is about a recession and the drop [...]
