Euro slumps to new low

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The three major differences between governments and terrorists:

1. Terrorists kill a few or a few hundred people at a time. Governments kill thousands or millions of people at a time.

2. Terrorist groups are almost always headed by an intellectual. Governments are usually headed by a lawyer.

3. Governments print their own money.

- Robert Anton Wilson

Euro slumps to new low

-- a (a@a.a), May 28, 1999

Answers

If governments print their own money, why is it that our Government prints our money and then sells it to the Federal Reserve Bank for the printing cost (2 1/2 cents for a $100 bill!) and then our Government borrows it back and pays interest on our own money and that is what is called the Federal debt!

This is "THE BIGGEST FRAUD IN AMERICA'S HISTORY"!!!!

-- y2k ready (y2k@ready.com), May 28, 1999.


Yes it is y2k ready,

what to do? - the fed is now actively keeping the stock market bubble humming along - at some point they WILL pull the plug - precious metals, now, gold at $270, silver sub $5, stock up, that's what TPTB are doing privately.

-- Andy (2000EOD@prodigy.net), May 28, 1999.


troll alert

-- a (a@a.a), May 28, 1999.

Congress has been lying to us because it is IMPOSSIBLE to pay off the Federal debt or balance the Budget with "borrowed money"!

Once America was the richest nation on Earth, until 1913, when the Federal Reserve Bank was created by foreign Bankers to suck the wealth from Americans with a phony debt money system!

Now America is bankrupt with a 6 Trillion dollar phony debt, because every single dollar in circulation (each dollar in our wallets) has been borrowed from the Federal Reserve Bank!

We need Patriots like John Adams and John Hancock to start another Revolution and throw the swindler Bankers out! Who has the guts to dump some tea in the Boston Harbor???

It will never happen, because Americans have become "GUTLESS"!!!

Every American is afraid of the IRS!!!

-- Big Al (bigal@aol.com), May 28, 1999.


Andy and A: do you think plain old cash (greenbacks) will suffice?

-- Feller (feller@wanna.help), May 28, 1999.


that was stupid

-- Feller (feller@wanna.help), May 28, 1999.

President Reagan called for an Income Tax Rebellion! In May 1983 he said...."Our Federal Tax system is, in short, utterly impossible, utterly unjust and completely counter productive! It reeks with injustice and is fundamentally UN-AMERICAN! It has earned a REBELLION and it is time we rebelled!"

That was 16 years ago and Americans have not rebelled!

The only Americans who have guts are the ones who have stopped filing income tax! Y2K is the opportunity for all Americans to stop filing income tax! If you know they can't find you because their computers are down, and you still file a 1090 like a fool, then you do not deserve to be called an American!!!

America needs Patriots! Are you a Patriot or a whimp?

-- I hate the IRS! (Ihatethe@IRS.com), May 28, 1999.


Damn! I geuss you mean me!

"My 'income' (which is not income at all) is below the threshold for paying ANY Federal tax, at all, because of the number of my dependents. On TOP of that, there is an earned income credit of $3500 dollars that I apply for, and RECEIVE every year.

So, to set you straight, not only do I *absolutely* fill out the bogus documentation and pay NO Federal tax, I actually collect $3500 that I NEVER paid in in the first place."

"Oh, by the way, thanks for YOUR part of the $3500. I used most of that this year to put up the six foot barbed wire fence around my ten acres. Thanks, SOOOOOO much.

-- Paul Milne (fedinfo@halifax.com), May 23, 1999. "

Damn!

-- Maul Pilne (feddisinfo@hell-n-facts.com), May 28, 1999.


Federal Taxes are now up to 39.6%! That is totally un-acceptable! On top of our earnings being taxed, our money gets taxed again when we buy something with that money! That is double taxation!

And then the States also Tax it again for a third time! Triple taxation!

America is in great peril, when it's Citizens let their Government tax them to death! We are back to slavery and Americans don't even know it!

Congress must take over our money system and return us to a debt free money system. Our Constitution says that Concress must coin our money!

Why in the good hell has Congress given that job to the Federal Reserve Bank?

-- The Freeman for freedom! (Thefgreemanfor@freedom.com), May 28, 1999.


I don't know. Just become a leech, like me! Screw everyone else!

The're toast anyway!!

-- Maul Pilne (feddisinfo@hell-n-facts.com), May 28, 1999.



Looks like we have a troll alert warning out :)

Anyhow, feller, not a dumb question - there are a bunch of financial scenarios out there, one of which is inflation, deflation or a combination of the two. In certain circumstances cash indeed will be king. Check out previous financial threads in the archives.

-- Andy (2000EOD@prodigy.net), May 28, 1999.


Maul Pilne is a leach! Paul doeas not know how to spell his own name! That shows what a worm he really is! He does not have the gumption to work hard to provide for his family! He works as little as he can so he will qualify for un-earned income credit. What a low life!!

-- watch out (Watchoutfor@Y2K.com), May 28, 1999.

Sounds pretty clever to me - just playing by the rules. What's your point - are you jealous of paul?

-- Andy (2000EOD@prodigy.net), May 28, 1999.

Q: What is the backing for the Euro?
A: Nothing. It's fiat money just like the US$, DeutscheMark, Brit Pound, Italian Lira, French Franc, etc.

Q: It's compared against US$ ($1.04). What's the backing for the US?
A: Nothing.

Q: So what does this mean?
A: Nothing (unless you are a currency trader).

Q: How to stop paying taxes?
A: Stop paying. http://goodbiz.com/tbks/

Latest book recommendation "The Sovereign Individual: How to Survive and Thrive During the Collapse of the Welfare State" James Dale Davidson & Lord WIlliam Rees-Mogg. Search for it on http://www.amazon.com A:

-- A (A@AisA.com), May 28, 1999.


"Government is the only organization that can take a perfectly valuable commodity like paper, apply ink to it and make it worthless." - Franz Pick

-- Ken Seger (kenseger@earthlink.net), May 28, 1999.


a - Actually the headline Euro Slumps to New Low is very misleading. If you look at the US/Euro graph that was in yesterday's WSJ you'll note that that headline could have been accurately used every single week since the Euro was introduced in Jan.

-- Ken Seger (kenseger@earthlink.net), May 28, 1999.

Ken -- thanks for the source (Pick) of a quote I sometimes use (paraphrased).

Re Euro -- yeah, it started out at $1.15 or $1.17 range as I recall (?) and, as you say, trending down. Which leads to question, why the "importance" now of it's present level? Has it been bouncing around $1.04, establishing a so-called "support level"? (Just a rhetorical question.)

-- A (A@AisA.com), May 28, 1999.


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