About Me

Name: Robert Lane Wolleson
Email: flamingdollar@yahoo.com Biography
Loading...

Create Your Own Blog Find Other Townhall Blogs

Comments

Blog Roll

 

The Day of the Flaming Dollar

 

          Adam Smith, perhaps the greatest of influences upon America’s economic system of capitalism, correctly determined that the scarcity and utility of a particular object determines its value.

          Because of the turmoil in the housing and credit markets, beginning in Red October 2008, the Bush administration and the Obama administrations have spent hundreds of billions of dollars and Obama plans on printing and spending trillions more in an idiotically wrong-headed attempt to the save the US economy.  This over abundance of cash in the system cannot but diminish the scarcity of, and, therefore the value of the US dollar.  This will almost certainly cause inflation or even the more dreadful hyper-inflation. 

           Also, the selling of our massive debt abroad will have to be paid off by our children and their children with a currency less valuable than the currency of today.     

          Sir Isaac Newton’s Third Law of Motion stated “For every action there is an equal and opposite reaction.”  The administrations of Bush and Obama have acted in such a manner as to debase our currency and to shackle countless generations to come with yet unfathomable debt that will retard the economic prosperity of the current economy and that of the future.

           With the outrageous spending by both political parties in government, an equal reaction by the citizenry is simply not possible; however, we may react with a symbolic gesture expressing a discontent equal to the recklessness of Washington’s fiscal policies.

           The time for those silent and discontented to participate in protest is upon us!  On October 12, 2009 (Columbus Day), I shall appear at the nearest US Treasury Department office where I shall burn a one dollar bill.  This action is to have a two-pronged effect:

            Firstly is to make scarcer and thus more valuable - even if but symbolically - the US Dollar.

           Secondly, each dollar burned provides for a stronger dollar for us and for future generations allowing them a timelier ability to repay the debt with which Bush, Bernanke, Paulson, Obama and Geithner have bestowed upon them. 

           When the glow of flaming dollar bills is seen on the distant horizon from the Halls of Power in Washington D.C., the government may just have to re-think their irresponsibility.

           On October 12, 1492, Columbus discovered America.  On October 12, 2009, may the District of Columbia discover America!  Spread the word and join me and others at Treasury Department offices across America for The Day of the Flaming Dollar.
 
TO HELP ORGANIZE, OR TO HELP FINANCE THE PROMOTION OF THE DAY OF THE FLAMING DOLLAR, CONTACT ME AT FLAMINGDOLLAR@YAHOO.COM.
Email ItEmail It | Print ItPrint It | CommentsComments (0) | TrackbacksTrackbacks (0) | Flag as offensiveFlag as Offensive
« Previous1Next »