current hate movements reminding me of the NAZIs.

navycpo7, your reference confirms that the National Socialist German Workers Party was a right-wing group. In that article, it states that Hitler added the word "Socialist" to bring more people to his cause.

Try this one:

http://fcit.usf.edu/HOLOCAUST/timeline/nazirise.htm

We've been saying that for a long time, but the usual crowd love to jump on it as if it actually meant something that they could bash Libs with...

Thanks for the references.

archer wrote:

PrintSmith wrote: And I appreciate the sentiment archer, but think of how much better off we'd be right now if 50 years ago the argument against continuing the Social Security Ponzi had prevailed instead of lost. 50 years ago there was a true surplus in the trust, backed up by a currency that was still valued at $37/oz of gold.

And who took us off the Gold Standard.....why your good buddy NIXON, a Republican. Thanks for reminding me just how much blame should go to short sighted conservatives who think mostly of today.....hang what happens tomorrow. It's all about them.

This is almost too easy archer. From Article I Section 8 of the Constitution, which, you may or may not remember, deals with the authority given to the Legislative, not the Executive, branch of the government.

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

And we do remember, do we not, which party controlled both houses of Congress when the nation was taken off of the gold standard in an effort to pay for the "Great Society" legislation enacted by a Congress filled with a supermajority of Democrats and a Democrat in the Oval Office, and the Vietnam War, which was started and escalated by that same cabal of Democrats? Why, it was the Democrats who controlled both houses of Congress, the branch of the government tasked with setting the value of the money by the Constitution, that ginned up this brainchild as a way to pay for the social entitlement programs that they created with their supermajority just a few short years ago. History is a wonderful teacher when you actually bother to invest in digesting the source material instead of taking at face value what you see on Wikipedia or the revisionist history books filled with the spun message that others wish you to remember.

PrintSmith wrote:

archer wrote:

PrintSmith wrote: And I appreciate the sentiment archer, but think of how much better off we'd be right now if 50 years ago the argument against continuing the Social Security Ponzi had prevailed instead of lost. 50 years ago there was a true surplus in the trust, backed up by a currency that was still valued at $37/oz of gold.

And who took us off the Gold Standard.....why your good buddy NIXON, a Republican. Thanks for reminding me just how much blame should go to short sighted conservatives who think mostly of today.....hang what happens tomorrow. It's all about them.

This is almost too easy archer. From Article I Section 8 of the Constitution, which, you may or may not remember, deals with the authority given to the Legislative, not the Executive, branch of the government.

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

did Nixon veto it?

What Nixon did was end the ability of other nations to exchange dollars directly for U.S. gold. The Bretton Woods Agreement after WWII is what essentially established the USD as the world reserve currency (along with the creation of the IMF and the precursor to the World Bank, but I digress).

When the Democrats had committed us to an unsustainable level of spending, which naturally fueled inflation, the United States was understandably running a fiscal deficit as well as a negative trade balance, to which it responded by monetizing the debt by increasing the money supply by roughly 10% at the beginning of 1971. As the other countries started losing confidence in our dollar, West Germany actually removed their nation from the Bretton Woods agreement in order to protect their own currency from being devalued along with the USD, they started demanding their paper dollars be exchanged for gold. Congress, understandably upset with the other nations of the world "price gouging" the nation, released a report in early August that recommended devaluing the dollar even more, which destabilized the economy even further and ramped up the already escalating inflation in the nation. Switzerland responded the next day by also removing their nation from the Bretton Woods agreement. Nixon was left with two choices. Continue to allow the other nations to demand our gold in exchange for the dollars they held or end the ability of other nations to directly exchange those dollars for gold. He chose the latter along with a 90 day wage and price freeze and implementing a 10% import tariff in a bid to stabilize both the inflation and the economy, a move which generated nearly universal praise from every quarter in this nation.

So you see archer, here again we see the effects of the progressive system of escalating the deficit with social welfare program spending. Every time the Democrats get a filibuster proof majority in the Senate and a large majority in the House with another Democrat residing in the White House, something bad for the nation is implemented. This time around it happens to be the destruction of our private health care system, the takeover of private enterprise and the hamstringing of the financial sector because of the results the interference of the government caused in the first place.

:rofl

I could marvel all day at your attempt to give a lesson in US History according to PrintSmith. You take from history only what suits your purpose and throw the rest out with the trash. I'd need the patience of sjewett to point out all the facts that you play fast and loose with but I just don't have the time or inclination. And you wouldn't believe it anyway......you know what you know and there ain't no room for the truth in that there head of yours. Have a good one.

I, at least, have some understanding of the history of the nation. You, on the other hand, thought that Congress had given Nixon a bill to sign, indicating a complete lack of any knowledge of what happened. And here you are attempting to say I play loose with the facts? You don't even have the beginning of a clue as to what the facts are, but you know enough to blame Nixon for taking us off the gold standard.......

Which of the two of us is playing fast and loose again?

the difference between you and me is I ask questions, you make proclimations. Who do you think learns more?

In 1971, President Richard Nixon unilaterally ordered the cancellation of the direct convertibility of the United States dollar to gold. This act was known as the Nixon Shock.

http://en.wikipedia.org/wiki/History_of ... tes_dollar

In the 1970s, the Democratic Congress provided the tools by passing legislation that delegated authority to the president to impose a mandatory policy

http://www.pbs.org/wgbh/commandingheigh ... ngold.html

So you just go on lecturing me about your vastly superior knowledge of history

archer, a rhetorical question is just more BS for the pile.

So we've gone from the topic:

The current movements against Mexicans, illegal or legal, and Muslims, radical or not, really remind me of the moment behind the hatred against Jewish people in the 30's in Europe.

To ranting about the USD, Nixon, the gold standard. Now, I understand that there was gross inflation in Germany after WWI and they blamed it on the Jews, as well as the countries who were receiving ridiculous reparations from Germany.

Please explain how that connects to the rampant inflation of the 70s and early 80s. Just want your thought process here.