Ann Coulter wont answer if the US should dump the Fed

[roachmeistercom]

If you like the gold standard, prepare for monetary freeze up as there simply is not enough gold in the world to back all the currencies on the planet.

You people do not have the slightest clue what you are talking about. Even gold's value is utterly arbitrary. People like it because it is shiny and doesn't oxidize, but ultimately it is a soft and nigh useless metal.

[LordoftheKaty]

@roachmeistercom The simple reason why the world currencies are collapsing and the global economy is imploding is simply because there ARE too many fiat currencies on the planet, which if Ann Coulter knew anything, this causes inflation, which means more money must be printed. If we had a gold standard we would have a strong currency with a strong buying power and we wouldn't have so mush valueless currency in circulation because it would limit how much can be printed.

[roachmeistercom]

@LordoftheKaty

a: Ann likes the gold standard and said so in this video.

b: The gold standard screwed us in the 70's. It's not magic. The lack of it is not the cause of the global crisis. The cause of the global crisis is the same as always -- rich people cannot be bothered to spend money unless they are going to make a profit, and when bad corrections happen it scares them out of investing.

Greed, in other words.

[LordoftheKaty]

@roachmeistercom Actually, what caused the inflation crisis in the 70's was a result of keynsian economics post WWII in America. In other words, more printing money. Look at a chart of our money supply and debt and there is a direct correlation between the two.

[roachmeistercom]

We already print our own money blockhead. She answered the question as best as she could given the stupidity of the question. She said she supported the gold standard, the mic jockey agreed, end of story.

[dirkjently]

If you'd bother to read RealityCheck00's comments, he clearly makes note of the fact that our currency is nothing more than Prommisory Notes. The Federal Reserve OWNS the money...because it's foreign banks that run the Fed! You ever notice at the top of a dollar, it says "Federal Reserve Note"? The Gold Standard does NOT back the dollar! And just to make it clear, jackass, it's supposed to be the job of the TREASURY to print our money...instead, we have a foreign entity doing it.

[roachmeistercom]

The Bureau of Engraving and Printing (BEP) is part of the Treasury, and prints currency for the Federal Reserve. The Fed is in charge of distributing it. I know gold backs nothing. I said she answered the question as best as it could be answered given the assertion that we go back to printing our own money (which we already do). It is difficult to give a detailed answer to a question based on a false premise. Both she and the dj are goldbugs. Answer given. End of story.

[dirkjently]

Re-read your first sentence. The Treasury prints money FOR the Federal Reserve...hence it does NOT, as it SHOULD by Constitutional LAW, print money FOR the United States...HENCE, why the notes say "FEDERAL RESERVE NOTE". The Fed is a SEPARATE entity from the US Government, so with that in mind...it IS safe to say that the United States does NOT print it's own currency! It should NOT be the job of the Fed to distribute nor control our currency...they are a group of corporate banks...

[dirkjently]

Who control our currency and debt. We basically pay interest on debt to a corporate bank entity that does NOT have the best interest of the United States in mind. This is why our economy is in the sorry shape it's in. If the Treasury DID print money for the US...it would SAY "TREASURY NOTE" on it. But we have allowed foreign countries to control our debt and our monetary system, hence one of the many reasons we're teetering on a depression...

[roachmeistercom]

Which is why she agreed there should be a gold standard, and why it is silly to accuse her of not answering the question.

We do print our own money. Your problem is not where it is printed or by whom it is printed. You dislike the Fed, and I don't blame you, but accusing someone of not answering a question that is as confused as the one she was asked is illegitimate. You are dancing around the issue. Neither I nor Ann were confused. We print our own money. Its distribution is the issue.

[nprbiz]

ok .. the fed attempts to manipulate our economy by use of any of its tools ie, interest rates, printing money, or the "discount window". In the case of printing money it requests permission from the treasury. After which the fed then prints the money, not the treasury. As Ann stated the real question is should it be backed by a gold standard. And she is right. But the fed will never allow this since it is not in the 3 other central world banks interest. JFK tried and got shot so..hmm

[roachmeistercom]

The Fed's powers are there on purpose to fulfill a Constitutionally mandated rule of the Federal Govt, to regulate the value thereof. That's what it does, and how it does it is relatively above board. You got a better method, spit it out. If not, quit lying and creating panic over something that is perfectly legal, legitimate, and works better than the gold standard (or silver standard) ever would or could.

[LordoftheKaty]

@roachmeistercom Hahahahaha XD Works? Yea right! Its because of the Fed why we are in this economic situation. And guess who owns it? Those Wall Street giants like JP Morgan and Chase Manhattan

[RealityCheck00]

Coulter was asked point blank "Should we print our own money?". It does not get any easier or simpler than that.

Again she dodged answering the question by saying that we should back our dollars with gold. Well maybe we should, or maybe we shouldn't, but that was not the question!

This question has nothing to do with the gold standard, and it has everything to do with whether we use our innate constitutional rights to print our own money as a government, or use a foreign entity in the FED?

[arch571332]

Do you think Ann is ignorant, or is she a shill?

[RealityCheck00]

The she is asked "shoudld we print our own money like JFK did with the Silver Cetificates". She totally doges this by making a joke of the US printing its own money and sayign we will be like Zimbabwe with 100% inflatio nepr day...yeah, how?

If we print our own money that are US Notes, then we do not have to pay interest on every dollar we borrow as Federal Reserve Notes. US Notes would have alot more behind them than the FED does! But then again, they killed JFK after he printed US Notes!

[RealityCheck00]

The Coulter gets asked an easy question, "money from the FED is a promissory note, right?"...and she won't answer it! She says it is much liek Social Security...dooooh! Its nothing even remotely close.

Money from the FED is a promissory note, whic his why it says "Federal Reserve NOTE" on all our currency...it is all borrowed from the FED...they own it all!

[RealityCheck00]

Coulter was asked if we borrow most of our money from the FED, and she said "ahhhhh, I think its from China". WRONG.

We borrow all of our money from the FED. ALL...as in exclusiverly. Just look on top of any dollar bill (yes, of course 5's, 10's , 20's etc.), and it stated Federal Reserve Note!

The word "Note" means debt. Because we borrow it. All of it! We do not print our own money in the US.

China buys some of our Treasury bills, but we borrow all of our money from the FED!

[RealityCheck00]

Coulter definitely dodged the hard questions there. Wow...she had a 3 second delay on the last one, which is forever on the air, and they a long ahhhhhh. She either knows that the FED is the problem but won't admit it, or she is ignorant of the role the FED plays. My guess is that she doesn't want to admit that the FED is THE problem.

[joooooearnold]

she gave a pretty good answer to me and it didn't even sound like she hesitated

[bubthegreat1]

She answered the question you idiot! If you want to find the person speaking the truth, pick the one that everyone talks shit about: Ron Paul, Ann Coulter, John Boehner, etc.

[JustForFun089]

sounds like she answered it to me...

[snorp73]

Dumb question. How about Americans go to work like I did for 15 hours today?

Jobs are there. Americans are lazy.

[VinceP1974]

SHe "wont" answer.. well good.. I dont think that's her area of expertise.