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bbotcs

07/26/09 3:29 PM

#116469 RE: tmcal6 #116468

tmcal6: OT: IMO, we could be one week away from big-time inflation. This is incredible. Here's a quote that otcbargains posted over the the Free For All Board, by none other than ol' Al Greenspan:

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard".

The people controlling the U.S. Government definitely are welfare statists. That is a fact, not an opionion.

Heaven help us all.