Saturday 26 October 2013

The RAW Deal......................from Rico

In 1933 Roosevelt's "New Deal" almost managed to accomplish as much damage to the US Dollar as the Civil War did (excuse me, the War of Northern Aggression as it is properly termed) with a stunning 39% devaluation of the Dollar.

- He was a flaming Democrat.

In 1971 Nixon's "Paper Deal" accomplished a 52% devaluation of the Dollar.

- He was a flaming Republican.

Today Barry's "Forward Deal" looks like it will finally accomplish a 100% devaluation of the Dollar.

- He is a flaming Marxist.

Is anyone figuring-out that no matter what initial designating a 'party' is behind the name, in fact no matter what the name is, that the ONLY "deal" one ever gets is a "RAW DEAL?"

- Anyone who holds unbacked* paper Dollars instead of tangible assets like physical Bullion or farmland is a flaming idiot at this point.

*unbacked: not redeemable for anything, but backed by the 'full faith and credit' of these guys. Really. Trust these guys with what is a prettily-engraved IOU?


1 comment:

Mark said...

Just to clarify, it was the War of the Slave Holder's Rebellion...