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  • #1
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    Let's go back even further and pay his salary in salt. After all that's what the word salary is derived from.
  • #42
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    As usual, let a liberal talk long enough and you will see how dumb they are!
    With that said, the gentleman is referring to, and making a statement about the difference between a fiat currency vs backed "gold standard" currency
    "Gold Standard" you can't print what you don't have!
    "Fiat" well, basically print all you want, but "true value" goes down.(i.e. basically a hidden tax if you will).
  • #2
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    The value of the dollar is going down. It's called inflation. The gold speculators believe the value of the dollar will be going down a lot more. Simple concept, if the value of something you own is falling, you dump it for something thats going up.
  • #7
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    Sure, but pay him in those gold leaf covered coins they sell on infomercials at the retail price. Maybe even throw in a wheel barrow as a bonus.
  • #18
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    Or Susan B Anthony dollars? BTW you brought up a good point. 14mg of "solid gold cladding" at the current gold price of $1500 an ounce comes to about 74 cents.
  • #41
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    This is one thing people I generally disagree with are correct, gold or silver currency is required by the constitution and the sup ct case backing the govt decision to stop backing currency with gold was not based in law or precedent.
  • #37
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    Yes. I am thinking this is a very good idea. The US paper is not worth the cost of printing if there is nothing backing it.
  • #31
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    Did he specify what kind of gold? They could pay him with gold spray paint or gold color crayons. It is an idiosyncracy!
  • #28
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    Another wacko---upset because his party LOST...And once again..I simply say to him...GET OVER IT!!!
  • #27
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    $7K to be a Montana state senator? More senators in more states should take that salary. Too many of these guys collect huge salaries and benefits and hardly deserve it. Kudos to Jerry O'Neil for being a strong patriotic constitutional conservative. May God rain blessings down upon you.
  • #17
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    the United States Constitution declares, in Article I, Section 10, "No State shall... make any Thing but gold and silver Coin a Tender in Payment of Debts".
  • #10
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    to me him saying the american dollar is worthless is like saying a man getting paid with the american dollar is worthless.i dont blame the man for wanting to get paid in gold because in a few months that 7000.00 worth of gold will be worth more but to say the american dollar is worthless is like saying americas worthless
  • #34
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    we have a fiat currency system ala the federal reserve,which is unconstitutional,immoral,and designed to suck the life blood out of this country,.weebles is right about 1 thing,the only thing backing fed notes is faith.so as the "american" dollar as it now stands it is worthless
  • #39
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    @MongoAPillager the american dollar aint what it used to be but many people over seas would rsther get paid with the american dollar or the euro from what i heard on the news the euro is worth just a little more than the dollar but not much
  • #13
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    Gold is over 1,200 an ounce now and he makes 7,000 a year. So he would be carrying less than six ounces. Not a big lump in the wallet there.
  • #21
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    @MongoAPillager what makes you believe that the 'prez' has anything to do with the price of gold... or even the paper dollar? the gold price is set on the speculative market... what people will pay. the dollar is no longer based upon the value of gold, and therefore the price of gold has nothing to do with the dollar value. the dollar is based on 'faith'.
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