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  Question: Is the dollar being manipulated...
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buyit  
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 More options Dec 6 2009, 7:48 pm
From: buyit <mmyron...@gmail.com>
Date: Sun, 6 Dec 2009 16:48:19 -0800 (PST)
Local: Sun, Dec 6 2009 7:48 pm
Subject: Question: Is the dollar being manipulated...
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...so to introduce the Amero?

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minaun  
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 More options Dec 6 2009, 8:15 pm
From: minaun <minaun...@gmail.com>
Date: Sun, 6 Dec 2009 17:15:33 -0800 (PST)
Local: Sun, Dec 6 2009 8:15 pm
Subject: Re: Question: Is the dollar being manipulated...
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Yes the dollar the most deep and liquid currency where central banks
fall to the mercy of the market and are unable to maintain anything
other than short term divergences; yes that dollar is being
manipulated.

Stupid....just stupid.

On Dec 6, 7:48 pm, buyit <mmyron...@gmail.com> wrote:


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buyit  
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 More options Dec 6 2009, 8:24 pm
From: buyit <mmyron...@gmail.com>
Date: Sun, 6 Dec 2009 17:24:15 -0800 (PST)
Local: Sun, Dec 6 2009 8:24 pm
Subject: Re: Question: Is the dollar being manipulated...
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First it was oil, then the housing market, now the dollar. I see a
troubling pattern.

On Dec 6, 8:15 pm, minaun <minaun...@gmail.com> wrote:


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MobaTalk  
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 More options Dec 6 2009, 9:27 pm
From: MobaTalk <mobat...@gmail.com>
Date: Sun, 6 Dec 2009 18:27:52 -0800 (PST)
Local: Sun, Dec 6 2009 9:27 pm
Subject: Re: Question: Is the dollar being manipulated...
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Actually, if the central banks fell to the mercy of the market, that
would mean there is such a thing as a free market.
Since that isn't true, there isn't a free market, the real statement
should read, "the market falls to the mercy of the central banks as
just another controlled element."

On Dec 6, 7:15 pm, minaun <minaun...@gmail.com> wrote:


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Viking  
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 More options Dec 6 2009, 9:34 pm
From: Viking <grizzlybea...@gmail.com>
Date: Sun, 6 Dec 2009 18:34:09 -0800 (PST)
Local: Sun, Dec 6 2009 9:34 pm
Subject: Re: Question: Is the dollar being manipulated...
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"I wonder, though, just how far we have really come in the past 200-
odd years. To give modernity its due, the dollar has cut a swath in
the world. There's no greater success story in the long history of
money than the common greenback. Of no intrinsic value, collateralized
by nothing, it passes from hand to trusting hand the world over. More
than half of the $923 billion's worth of currency in circulation is in
the possession of foreigners.

In ancient times, the solidus circulated far and wide. But it was a
tangible thing, a gold coin struck by the Byzantine Empire. Between
Waterloo and the Great Depression, the pound sterling ruled the roost.
But it was convertible into gold—slip your bank notes through a
teller's window and the Bank of England would return the appropriate
number of gold sovereigns. The dollar is faith-based. There's nothing
behind it but Congress.

But now the world is losing faith, as well it might. It's not that the
dollar is overvalued—economists at Deutsche Bank estimate it's 20% too
cheap against the euro. The problem lies with its management. The
greenback is a glorious old brand that's looking more and more like
General Motors."

http://online.wsj.com/article/SB1000142405274870434240457457576166048...

On Dec 6, 9:27 pm, MobaTalk <mobat...@gmail.com> wrote:


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buyit  
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 More options Dec 6 2009, 9:39 pm
From: buyit <mmyron...@gmail.com>
Date: Sun, 6 Dec 2009 18:39:42 -0800 (PST)
Local: Sun, Dec 6 2009 9:39 pm
Subject: Re: Question: Is the dollar being manipulated...
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I believe Thomas Jefferson warned us about giving private bankers
control of the currency.

On Dec 6, 9:34 pm, Viking <grizzlybea...@gmail.com> wrote:


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cquill72  
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 More options Dec 7 2009, 2:52 am
From: cquill72 <corey.quil...@gmail.com>
Date: Sun, 6 Dec 2009 23:52:02 -0800 (PST)
Local: Mon, Dec 7 2009 2:52 am
Subject: Re: Question: Is the dollar being manipulated...
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I believe it was Alexander Hamilton who had that sentiment.  Thomas
Jefferson would have preferred more private bankers.
Here is a short excerpt from an online article about the two men:

"The United States needed both influences. It was the country's good
fortune that it had both men and could, in time, fuse and reconcile
their philosophies. One clash between them, which occurred shortly
after Jefferson took office as secretary of state, led to a new and
profoundly important interpretation of the Constitution. When Hamilton
introduced his bill to establish a national bank, Jefferson objected.
Speaking for those who believed in states' rights, Jefferson argued
that the Constitution expressly enumerates all the powers belonging to
the federal government and reserves all other powers to the states.
Nowhere was it empowered to set up a bank."

On Dec 6, 8:39 pm, buyit <mmyron...@gmail.com> wrote:


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Viking  
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 More options Dec 7 2009, 6:56 am
From: Viking <grizzlybea...@gmail.com>
Date: Mon, 7 Dec 2009 03:56:01 -0800 (PST)
Local: Mon, Dec 7 2009 6:56 am
Subject: Re: Question: Is the dollar being manipulated...
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Jefferson was against the creation of a central bank/agency (like our
current Federal Reserve) while Hamilton was a proponent of a strong
central bank. The real question is one of government monopolization of
money through legal tender laws.

Here is an excerpt from Ron Paul on his introduction of the Honest
Money Act in 2007:

"Madam Speaker, I rise to introduce the Honest Money Act. The Honest
Money Act repeals legal tender laws that force American citizens to
accept fiat money in their economic transactions.

Absent legal tender laws, individuals acting through the market will
determine what is money. Historically, when individuals have been free
to choose their money they have selected items that are portable,
widely accepted, and have a stable value. Having the market, rather
than the government, define money is integral to the functioning of a
free economy. As Edwin Vieira, perhaps the Nation's top expert on
constitutional monetary policy says, ``..... a free market functions
most efficiently and most fairly when the market determines the
quality and the quantity of money that's being used.''

While fiat money produced by the State is portable and, thanks to
legal tender laws, widely accepted, it is certainly not of stable
value. In fact, our entire monetary policy is predicated on the
government's ability to manipulate the value of the currency. Thus,
absent legal tender laws, many citizens would refuse to accept
government money for their transactions.

Legal tender laws disadvantage ordinary citizens by forcing them to
use inferior money, which they would otherwise refuse. As Stephen T.
Byington put in the September 1895 issue of the American
Federationist: ``No legal tender law is ever needed to make men take
good money; its only use is to make them take bad money. Kick it
out!''

It may seem surprising that the Mr. Byington's well-phrased attack on
legal tender laws appeared in the publication of the American
Federation of Labor. However, enlightened union leaders of that time
recognized that ways in which workers where harmed by the erosion of
the value of money which inevitably follows when governments pass
legal tender laws.

Legal tender laws may disadvantage average citizens but they do help
power-hungry politicians use inflationary monetary policy to expand
the government beyond its proper limits. However, the primary
beneficiaries of legal tender laws are the special interests who are
granted the privilege of producing and controlling the paper money
forced on the public via legal tender laws. Legal tender laws thus
represent the primary means of reverse redistribution where the wealth
of the working class is given, via laws forcing people to use debased
money, to well-heeled, politically powerful bankers.

The drafters of the Constitution were well aware of how a government
armed with legal tender powers could ravage the people's liberty and
prosperity. This is why the Constitution does not grant legal tender
powers to the federal government. Instead, Congress was given powers
to establish standards regarding the value of money. In other words,
in monetary matters the Congress was to follow the lead of the market.
When Alexander Hamilton wrote the coinage act of 1792, he simply
adopted the market-definition of a dollar as equaling the value of the
Spanish milled silver coin."

 http://www.ronpaullibrary.org/document.php?id=914

So the answer to your original question, buyit, is: yes, the dollar is
being manipulated. The Federal Reserve has the power to do so as
granted to them by Congress through the Federal Reserve Act of 1913
(now THAT, minaun, was stupid).  The Fed has a government-granted
monopoly on what is considered legal tender, which is in direct
opposition to natural free market law which would allow people to
determine what money is.  Of course they have manipulated it right
into the ground over the last 95+ years by devaluing it through
increase of its supply.  Neither Jefferson nor Hamilton would be
pleased with this development.

On Dec 7, 2:52 am, cquill72 <corey.quil...@gmail.com> wrote:


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marty  
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 More options Dec 7 2009, 7:41 am
From: marty <marty01001...@yahoo.com>
Date: Mon, 7 Dec 2009 04:41:04 -0800 (PST)
Local: Mon, Dec 7 2009 7:41 am
Subject: Re: Question: Is the dollar being manipulated...
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The mere fact that a government can hand you a paper and say it is
worth the value of your labor is manipulation in and of itself.

On Dec 6, 7:48 pm, buyit <mmyron...@gmail.com> wrote:


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Viking  
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 More options Dec 7 2009, 8:10 am
From: Viking <grizzlybea...@gmail.com>
Date: Mon, 7 Dec 2009 05:10:51 -0800 (PST)
Local: Mon, Dec 7 2009 8:10 am
Subject: Re: Question: Is the dollar being manipulated...
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Not only does the government say a piece of paper is worth the value
of your labor, they say it is the only mechanism of money legally
recognized for settling transactions.

On Dec 7, 7:41 am, marty <marty01001...@yahoo.com> wrote:


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marty  
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 More options Dec 7 2009, 8:37 am
From: marty <marty01001...@yahoo.com>
Date: Mon, 7 Dec 2009 05:37:54 -0800 (PST)
Local: Mon, Dec 7 2009 8:37 am
Subject: Re: Question: Is the dollar being manipulated...
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So it is us who are being manipulated, not he dollar.

On Dec 7, 8:10 am, Viking <grizzlybea...@gmail.com> wrote:


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Viking  
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 More options Dec 7 2009, 8:40 am
From: Viking <grizzlybea...@gmail.com>
Date: Mon, 7 Dec 2009 05:40:43 -0800 (PST)
Local: Mon, Dec 7 2009 8:40 am
Subject: Re: Question: Is the dollar being manipulated...
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We are being restricted. We do not have the ability to determine what
money is. This is against natural law.

On Dec 7, 8:37 am, marty <marty01001...@yahoo.com> wrote:


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buyit  
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 More options Dec 7 2009, 10:24 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 07:24:11 -0800 (PST)
Local: Mon, Dec 7 2009 10:24 am
Subject: Re: Question: Is the dollar being manipulated...
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After the Great Depression, the USA essentially became indebted to the
Federal Reserve and has been in debt to the unconstitutional
institution ever since. Someone explain to me how the Federal Reserve
bank is NOT unconstitutional.

On Dec 7, 8:40 am, Viking <grizzlybea...@gmail.com> wrote:


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Skippy the Happy Acorn  
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 More options Dec 7 2009, 10:45 am
From: Skippy the Happy Acorn <kne...@excite.com>
Date: Mon, 7 Dec 2009 07:45:21 -0800 (PST)
Local: Mon, Dec 7 2009 10:45 am
Subject: Re: Question: Is the dollar being manipulated...
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"Someone explain to me how the Federal Reserve
bank is NOT unconstitutional. "

Article 1, Section 8:

"To coin money, regulate the value thereof, and of foreign coin, and
fix the standard of weights and measures;"

The Fed is the mechanism by which they "regulate the value thereof".

On Dec 7, 9:24 am, buyit <mmyron...@gmail.com> wrote:


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buyit  
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 More options Dec 7 2009, 10:49 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 07:49:38 -0800 (PST)
Local: Mon, Dec 7 2009 10:49 am
Subject: Re: Question: Is the dollar being manipulated...
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That's Congress's job.

On Dec 7, 10:45 am, Skippy the Happy Acorn <kne...@excite.com> wrote:


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Tony  
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 More options Dec 7 2009, 10:49 am
From: Tony <dahiya...@gmail.com>
Date: Mon, 7 Dec 2009 07:49:57 -0800 (PST)
Local: Mon, Dec 7 2009 10:49 am
Subject: Re: Question: Is the dollar being manipulated...
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With due respect to all of the participants, I personally think that
the we should not consider dollar as gold anymore. There should be one
standard currency (X) which belongs to the world bank and let other
currencies fluctuate with respect to currency (X). This currency (X)
should be considered as Gold. This priniting of dollars is creating
the actual problem.

Can you plz tell me onething?

Inflation figures are about 1%. Bernanke hasn't stopped printing
dollars since 2008. Don't you think something is missing here. Where
is the money? These printing machines are about to stop working and
inflation is 1%. I don't understand this.

 Actually we are not able to connect the actual reason behind the rise
and fall or dollar.

Go back to 2007. The rise and fall of dollar was interlinked with oil.
Now in 2009, the dollar is interlinked with Gold.

On Dec 7, 8:24 pm, buyit <mmyron...@gmail.com> wrote:


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buyit  
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 More options Dec 7 2009, 10:55 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 07:55:37 -0800 (PST)
Local: Mon, Dec 7 2009 10:55 am
Subject: Re: Question: Is the dollar being manipulated...
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Where is all that missing tarp money?

On Dec 7, 10:49 am, Tony <dahiya...@gmail.com> wrote:


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Skippy the Happy Acorn  
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 More options Dec 7 2009, 11:08 am
From: Skippy the Happy Acorn <kne...@excite.com>
Date: Mon, 7 Dec 2009 08:08:01 -0800 (PST)
Local: Mon, Dec 7 2009 11:08 am
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Yeah, and they created the Fed to handle the administration of that
task under Congress' oversight and mandate.

On Dec 7, 9:49 am, buyit <mmyron...@gmail.com> wrote:


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MobaTalk  
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 More options Dec 7 2009, 11:14 am
From: MobaTalk <mobat...@gmail.com>
Date: Mon, 7 Dec 2009 08:14:30 -0800 (PST)
Local: Mon, Dec 7 2009 11:14 am
Subject: Re: Question: Is the dollar being manipulated...
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TARP funds are small change, where is the missing $2.3 Trillion?
http://benfrank.net/patriots/news/national/pentagon_missing_trillions

On Dec 7, 9:55 am, buyit <mmyron...@gmail.com> wrote:


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buyit  
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 More options Dec 7 2009, 11:15 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 08:15:38 -0800 (PST)
Local: Mon, Dec 7 2009 11:15 am
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What oversight?

On Dec 7, 11:08 am, Skippy the Happy Acorn <kne...@excite.com> wrote:


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buyit  
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 More options Dec 7 2009, 11:22 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 08:22:20 -0800 (PST)
Local: Mon, Dec 7 2009 11:22 am
Subject: Re: Question: Is the dollar being manipulated...
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 "Lenin is to have declared that the best way to destroy the
capitalist system was to debauch the currency ... By a continuing
process of inflation, governments can confiscate secretly and
unobserved, an important part of the wealth of their citizens ... As
the inflation proceeds and the real value of the currency fluctuates
wildly from month to month, all permanent relations between debtors
and creditors, which form the ultimate foundation of capitalism,
become so utterly disordered as to be almost meaningless..."

On Dec 7, 11:15 am, buyit <mmyron...@gmail.com> wrote:


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Skippy the Happy Acorn  
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 More options Dec 7 2009, 11:38 am
From: Skippy the Happy Acorn <kne...@excite.com>
Date: Mon, 7 Dec 2009 08:38:48 -0800 (PST)
Local: Mon, Dec 7 2009 11:38 am
Subject: Re: Question: Is the dollar being manipulated...
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Congressional hearings in general.  Choice of Fed chairman in
specific.  They also established the Feds' mandate.  They could, if
needed, restructure the Fed.

I am sure you could easily google the answer to your question.

On Dec 7, 10:15 am, buyit <mmyron...@gmail.com> wrote:


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buyit  
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 More options Dec 7 2009, 11:46 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 08:46:12 -0800 (PST)
Local: Mon, Dec 7 2009 11:46 am
Subject: Re: Question: Is the dollar being manipulated...
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I have and after extensive research, the general consensus was that it
was the job of Congress to regulate our currency. The Federal Reserve
is responsible for causing the Great Depression and every recession
since 1913. Before its existence, the free markets determined the
value of money.

On Dec 7, 11:38 am, Skippy the Happy Acorn <kne...@excite.com> wrote:


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Skippy the Happy Acorn  
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 More options Dec 7 2009, 11:57 am
From: Skippy the Happy Acorn <kne...@excite.com>
Date: Mon, 7 Dec 2009 08:57:02 -0800 (PST)
Local: Mon, Dec 7 2009 11:57 am
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The Congress does regulate our currency.  Via the Fed.

Your second point is absurd.  The third point is still the case.

None of which has anything to do with the original question that I
addressed, regarding the Constitutionality of the Fed.

On Dec 7, 10:46 am, buyit <mmyron...@gmail.com> wrote:


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buyit  
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 More options Dec 7 2009, 11:58 am
From: buyit <mmyron...@gmail.com>
Date: Mon, 7 Dec 2009 08:58:18 -0800 (PST)
Local: Mon, Dec 7 2009 11:58 am
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Ben Bernanke admits that it was the Federal Reserve who caused the
Great Depression.

On Dec 7, 11:57 am, Skippy the Happy Acorn <kne...@excite.com> wrote:


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