It Has Begun
In Wisconsin, something that I have long anticipated is now on the table. Communities are making plans to print their own currency.
By the way, look at the name of the guy said to be spearheading the plan, and try to guess his background…..
No, it’s not a return to gold. Not yet. But it is a start.
Here’s the article (reprinted from HERE ):
They may be talking funny money, but it’s not funny business.
Residents from the Milwaukee neighborhoods of Riverwest and East Side are scheduled to meet Wednesday to discuss printing their own money. The idea is that the local cash could be used at neighborhood stores and businesses, thus encouraging local spending. The result, supporters hope, would be a bustling local economy, even as the rest of the nation deals with a recession.
“You have all these people who have local currency, and they’re going to spend it at local stores,” said Sura Faraj, a community organizer who is helping spearhead the plan. “They can’t spend it at the Wal-Mart or the Home Depot, but they can spend it at their local hardware store or their local grocery store.”
Incentives could be used to entice consumers into using the new money. For example, perhaps they could trade $100 U.S. for $110 local, essentially netting them a 10 percent discount at participating stores.
It’s not a new concept—experts estimate there are at least 2,000 local currencies all over the world—but it is a practice that tends to burgeon during economic downturns. During the Great Depression, scores of communities relied on their own currencies.
And it’s completely legal.
As long as communities don’t create coins, or print bills that resemble federal dollars, organizations are free to produce their own greenbacks—and they’d don’t even have to be green.
President Bush – The Drunk
“Our White House Press Corps sources report further disturbing news about President George W. Bush. Our sources have witnessed a clearly inebriated Bush approaching members of the press corps and making rude comments, including one particularly crude remark about First Lady Laura Bush. In that case, Bush, nodding toward Laura, called her a ‘c**t.’ While Bush’s drinking is no secret to the White House press contingent, that particular comment was reportedly the worst they have heard uttered by Bush. Our sources also report that Laura Bush’s stays at the White House are less frequent and that her overnight trips to the Mayflower Hotel often coincide with the president’s drunken binges.”
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