Forum Post: I believe the one demand should be.....
Posted 13 years ago on Sept. 6, 2011, 12:28 a.m. EST by anonymous
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Bring back the gold standard. Why you may ask? Because getting off the gold standard is what has allowed American greed to prosper. If the fed couldn't print unlimited money, it couldn't have bailed out the wall street bankers who put us in this crunch to begin with! Simple enough for everyone to understand as well. Gold = give people real money that can not be manipulated. Bringing back the gold standard would mean that your money does not LOSE value over time unlike today.
Where's Auric and his Odd Job when we need them?
We need a piece of drafted legislation. A draft bill. we need to say pass this bill or we will not stand down. What the details of that legislation is I cannot say, it will have to establish insitutions to police campaign financing and establish campaign finance rules like those in Canada, Australia, Britian, etc. If we can all rally behind a piece of draft legislation (passed as is and not ammended), then we will have a clear definition of success.
Well it doesn't have to be one demand, it could be many. let's demand that: -the banksters that stole bail-out money stand before trial -We end corporate Personhood -Go back to the gold standard But keep in mind that this protest is mostly a protest against corporate crime rather than the government itself.
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I'm disgusted I had to pay for that bailout. Banks created their own mess there and knew they were doing it. Mortgage backed securities/credit default swaps. We were robbed blind!! Yes bring back the gold. I'm sick of paying the fed interest too!!
Only problem with the "gold standard" and it's a big one is the fact a $50.00 gold coin actually sells for around $2000.00. I'm pretty certain most people wouldn't use a 50 dollar gold piece at the local wal-mart anytime soon.
It doesnt mean that 100% of the money you would be paying would be gold! That's ignorance, it means that for ever dollar PRINTED, it would have to be backed by something PHYSICAL. That way FAKE money doesn't get made that has no real backing. Say the government creates 100 trillion dollars overnight and buys every house. They just bought everything physically without actually giving up anything themselves other than paper. They have no SKIN in the game.
Essentially if more money gets printed, then all the money that exist becomes more and more worthless. So you have to work harder to stay at the same level of wealth. While the bankers become wealther at the swipe of a single keystroke. You have to put physical work into making money, while bankers can sit around, have coffee, then make a couple billion in profits off the taxpayer. We are essentially paying the bankers to do nothing. Staying off the gold standard is a lose lose for every hard working American out there.