Friday, October 26, 2007
Poll Shows Paul Ahead of Clinton in Key Demographic
Don't want to live in a socialist society controlled by Hillary and her universal health care, The latest Rasmussen Report makes it clear that the only true anti-war candidate and the only republican candidate that can beat her is Ron Paul Link
Senior Fiat
What is a fiat money system and what can it do for you? Well investopedia put it this way.
"Money that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith."
Currency based solely on faith; so one would assume that if people are kind enough play along and accept the dollar as a legal currency, Then the government would do it's best to make sure the dollar would keep it's value.
Well in a Utopian society that would be the case, but one just needs to look at the news today and read the headlines .
The dollar fell to another new low against the euro
Warren Buffett said he expected the dollar to weaken further
Why is this happening? Well first a little history
The US used to be on the Gold standard, this basically meant the gold was legal currency, and any notes the government printed was backed by gold reserves. At any time the holder of the note could in theory exchange it for it's weight in gold. The main purpose of this was to limit government spending, it could only spend what it had. The founding fathers knew of the dangers of a fiat currency. The founding fathers experienced the damage it caused . Most of the revolutionary war was financed by worthless currency called "Continentals". hence the phrase "Not worth a Continental". They were so concerned that they included the following in the Constitution.
Article 1 section 10 clearly states
"No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
So clearly the system we have in place today violates the constitution, Why do we allow this? Next post what led to our current system, why our dollar is inflating and what might happen down the road.
Thursday, October 25, 2007
War Criminal
War Criminal, War Criminal! You got to hand it to them Code Pink girls, Agree with them or not at least they are willing to take a stand, That is more then i can say about most of the country. I was rather amused at this video until the police started removing the other members of Code Pink for no apparent reason.
Ubuntu (Ooo. Boon. Too)
Alright back and ready! First up for you Linux Nerds or just Want to try out Linux. The newest and greatest flava of Linux is out Ubuntu 7.10 don't believe me just check out this eye candy!
The new version of Ubuntu comes with compiz fusion seen above. This is the future, Vista, OS X Leopard eat your heart out. Now the cool thing is there are a number of ways you can try out Linux without losing your windows installation. First you would need to download the ubuntu iso image here.
Just burn the image to a cd and boot off it. It will load a working version into your RAM without installing a thing. If you like what you see you can install it and dual boot windows or Ubuntu.
The second way is to use VMware this is basically a program That allows you to use a second OS running on top of windows\Linux. You can download Vmware here
The new version of Ubuntu comes with compiz fusion seen above. This is the future, Vista, OS X Leopard eat your heart out. Now the cool thing is there are a number of ways you can try out Linux without losing your windows installation. First you would need to download the ubuntu iso image here.
Just burn the image to a cd and boot off it. It will load a working version into your RAM without installing a thing. If you like what you see you can install it and dual boot windows or Ubuntu.
The second way is to use VMware this is basically a program That allows you to use a second OS running on top of windows\Linux. You can download Vmware here
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