Comments on: “The Last Picture Show”: Obama’s Fiscal Year 2010 Budget http://projectworldawareness.com/2009/03/%e2%80%9cthe-last-picture-show%e2%80%9d-obamas-fiscal-year-2010-budget/ Tue, 16 Feb 2010 20:51:53 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: rockingjude http://projectworldawareness.com/2009/03/%e2%80%9cthe-last-picture-show%e2%80%9d-obamas-fiscal-year-2010-budget/comment-page-1/#comment-749 rockingjude Fri, 06 Mar 2009 05:00:17 +0000 http://projectworldawareness.com/?p=3100#comment-749 I SO love have you said you respectfully disagree........that one sentence will do more to bring this country and all others to a more understandable place!!!!!!! It is not my opinion but rather the authors as I agree without backing our system with something leaves way to much leeway to play with the money. First has too come an agreement on the Basil lll agreement and then the glass segal act need to be taken care of..in other words accountability everywhere... transparency everywhere...... restructuring of the FED and the connect between congress and the states and every bill should be known in it's entirety and published a week before it's due to be voted on so the we the people have our say.... thank you for responding.... ~jude I SO love have you said you respectfully disagree……..that one sentence will do more to bring this country and all others to a more understandable place!!!!!!!

It is not my opinion but rather the authors as I agree without backing our system with something leaves way to much leeway to play with the money.

First has too come an agreement on the Basil lll agreement and then the glass segal act need to be taken care of..in other words accountability everywhere… transparency everywhere…… restructuring of the FED and the connect between congress and the states and every bill should be known in it’s entirety and published a week before it’s due to be voted on so the we the people have our say….
thank you for responding….

~jude

]]> By: Ash http://projectworldawareness.com/2009/03/%e2%80%9cthe-last-picture-show%e2%80%9d-obamas-fiscal-year-2010-budget/comment-page-1/#comment-748 Ash Thu, 05 Mar 2009 22:06:29 +0000 http://projectworldawareness.com/?p=3100#comment-748 While I agree with much of your analysis of our present financial woes, I respectfully disagree with your proposed solution. Adding a 'voucher' layer to our monetary system will only further complicate the thinning of the dollar. These new vouchers will not have an equivalent ammount of gold sitting in reserve to back them, so we have another 'flexible' currency backed by an already grossly inflated one... and what is in place to hold the 'vouchers' to a specific dollar ammount? Once a disconnect occurrs between the voucher to dollar ratio, any fluctuation in the value of the dollar will be greatly amplified in the value of the voucher. It seems like we could have a whiplash effect with the voucher system, and if people start trading 'shorts' on them it could prove to be an interesting situation where the everyday people get smashed again by people playing high-stakes financial games. While I agree with much of your analysis of our present financial woes, I respectfully disagree with your proposed solution. Adding a ‘voucher’ layer to our monetary system will only further complicate the thinning of the dollar.
These new vouchers will not have an equivalent ammount of gold sitting in reserve to back them, so we have another ‘flexible’ currency backed by an already grossly inflated one… and what is in place to hold the ‘vouchers’ to a specific dollar ammount?
Once a disconnect occurrs between the voucher to dollar ratio, any fluctuation in the value of the dollar will be greatly amplified in the value of the voucher. It seems like we could have a whiplash effect with the voucher system, and if people start trading ’shorts’ on them it could prove to be an interesting situation where the everyday people get smashed again by people playing high-stakes financial games.

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