Category Archives: The History of it All

For some reason, the majority of Democrats and a few republicans believe that the American taxpayer is supposed to be the sugar daddy for the rest of the world. The way I see it if we have enough to send … Continue reading →

In 1690, Massachusetts Bay Colony embarked upon a short-lived experiment in unbacked paper money. It did not go well. George Washington – surveyor, farmer, soldier, and statesman – never thought of himself as an economist but experience taught him a … Continue reading →

As we reach the end of the year we find it of interest to study and understand the history of gold manipulation and its effect on global economics. ~ Ed. By the end of 1925, Montagu Norman and the British … Continue reading →

The United States government has effectively defaulted on its obligations four times in history. It happened to the Continental Dollar in 1779, the Greenback during the Civil War, the 1934 Liberty Bonds, and Nixon breaking away from the gold standard … Continue reading →

Leftists deep down believe that all our earnings, like our children, belong to the government. In its beneficence, government gives some back, often with strings, instead of taking every dime. Remember when Democrats proposed in their multi-trillion spendathon that the … Continue reading →

Remarks in Congress: AN ASTOUNDING EXPOSURE Quotations from several speeches made on the Floor of the House of Representatives by the Honorable Louis T. McFadden of Pennsylvania. Mr. McFadden, due to his having served as Chairman of the Banking and … Continue reading →

Fifty years ago this Sunday, the gold market was completely transformed in only a matter of minutes after then-president Richard Nixon decoupled the U.S. dollar from the precious metal. Although gold is no longer an official global currency, analysts note … Continue reading →

…but he was “no Crook!” Since August 15, 1971, the US dollar has been completely severed from gold. President Richard Nixon suspended the most important component of the Bretton Woods system, which had been in effect since the end of … Continue reading →

Just in case some of you young whippersnappers (& some older ones) didn’t know this. It’s easy to check out, if you don’t believe it. Be sure and show it to your family and friends. They need a little history … Continue reading →