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Author Topic: Russian lawmaker wants to oulaw US dollar, calls it a Ponzi scheme  (Read 551 times)

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Offline rangerrebew

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Russian lawmaker wants to oulaw US dollar, calls it a Ponzi scheme
« on: November 17, 2013, 06:52:28 AM »
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"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
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Offline jmyrlefuller

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Re: Russian lawmaker wants to oulaw US dollar, calls it a Ponzi scheme
« Reply #1 on: November 17, 2013, 07:45:02 AM »
He may be right but so is every other world currency, including the ruble.
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Offline EC

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Re: Russian lawmaker wants to oulaw US dollar, calls it a Ponzi scheme
« Reply #2 on: November 17, 2013, 08:02:15 AM »
Got rid of my dollar holdings last week, and all contracts from now will pay me in Sterling only. That will be a none negotiable term.
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Offline rangerrebew

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Re: Russian lawmaker wants to oulaw US dollar, calls it a Ponzi scheme
« Reply #3 on: November 17, 2013, 08:09:19 AM »
Quote from: jmyrlefuller on November 17, 2013, 07:45:02 AM
He may be right but so is every other world currency, including the ruble.

It certainly would not surprise me if Obama was in on the "announcement."  He seems to be doing everything possible to destroy America any way he can and if he can't break it with Obamacare, he might as well make the money of Americans worth less. :smokin:
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"Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports. In vain would that man claim tribute to patriotism who should labor to subvert these great pillars of human happiness -- these firmest props of the duties of men and citizens. . . . reason and experience both forbid us to expect that national morality can prevail in exclusion of religious principles."
George Washington

"Only a virtuous people are capable of freedom. As nations become more corrupt and vicious, they have more need of masters."
Benjamin Franklin

Offline Oceander

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Re: Russian lawmaker wants to oulaw US dollar, calls it a Ponzi scheme
« Reply #4 on: November 17, 2013, 11:04:18 PM »
Grandstanding on the part of this Russian politician, but it does illustrate - in spades - just how much of a global laughingstock the US has become under Obama.
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