Originally Posted by Jolie
The following blurb correctly explains that there is esentially
nothing currently backing U.S. currency. Our dollar has value because consumers and producers believe it to have value. When that opinion changes, so will the value of U.S. money.
http://money.howstuffworks.com/currency7.htm
The term is fiat money and many nations have that kind of currency not just the United States.
To the poster that accused GWB of taking away personal freedoms, let me remind you that a great majority of Americans were willing to GIVE UP those freedoms out of fear of another terror attack.
As for the poster who stated Democrats do it better, let me remind you that it was Bill Clinton who gave China most favored nation status for trading and all the poisonous Chinese products we have since had on our shelves not to mention his overlooking China's gross abuse of human rights.It is also Bill Clinton who ineffectively dealt with previous terror attacks that lead to 9/11. It's the Democrats who have strenuously worked to curb both the 1st and 2nd amendments.
I am neither a Republican nor a Democrat as I see them as the same animal by a different name. They both want to legislate behavior just in a different way. They both spend like there is no tomorrow just on different things. I don't think either of them is willing to compromise. I think we need another party.
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