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If the US dollar is based on the faith that the US citizens have in its government,
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DawgNBama Online
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Post: #1
If the US dollar is based on the faith that the US citizens have in its government,
the dollar is not worth the paper it is printed on!!!"

Prove me wrong Redwingtom, and any other CSNBBS liberal, RINO, etc.

For real!!

When President Donald Trump was elected, I firmly believed that things were going to change for the better!!! And yes, he did make some mistakes while on office. But, the good that he did far outweighed the bad, IMO.

When Joseph Biden was nominated to be the Democrat candidate for President, I got the distinct feeling that he was taking a job that no one else wanted, except maybe Bernie Sanders.

Listening to the election returns on the TV, I literally felt like I was watching Tammany Hall come to life once more. And yes, Tammany Hall was real, and it was a part of United States history, sad to say, and want to guess where Tammany Hall was located??? Try New York City. Today's Tammany Hall is not in NYC as much as it is in Philadelphia. I remember Pittsburgh Penguin fans calling Philadelphia "Filthadelphia," and now I can see why!! Philadelphia is extremely corrupt, and it doesn't take much to evidence of that. The old Tweed Ring can't hold a candle to the Boss Biden Ring, IMHO. Not only did Philly corrupt Pennsylvania, they corrupted America as well.

Moving on, rather than try to improve our military, our military would rather "Look good" for the Davos covention or commit what looks like outright treason with China!! Sheesh, guess the heat must have been getting to them if they went after Chinese spy balloons that they probably previously ignored.

Moving on to the Justice Department, the FBI doesn't resemble the FBI of old and it's hard to tell today's FBI apart from the old Soviet Union KGB, IMHO.

The Bureau of Homeland Security leadership is a total joke!!! I feel like that under current status, I could do just as good of a job as the people who are in it right now.

The Department of Transportation is a total disaster, yet no one seems to care except for the average American like myself.

Our Department of Education, much like the FBI, is taking lessons from the Communist Russians & Chinese. You would think people would be applauding a man standing up for his daughter in school instead of screaming to have him arrested. Who says fathers only care about their sons?? They care about their daughters too!!!

Is any wonder why the value of our dollar is so low???
(This post was last modified: 03-12-2023 10:28 PM by DawgNBama.)
03-12-2023 10:25 PM
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Captain Bearcat Offline
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Post: #2
RE: If the US dollar is based on the faith that the US citizens have in its government,
The strength of the US Dollar is based on the fact that the US Government accepts only US Dollars for payment of taxes. Full stop.

Faith in the government has nothing to do with it.
03-13-2023 01:22 PM
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Todor Online
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Post: #3
RE: If the US dollar is based on the faith that the US citizens have in its government,
(03-13-2023 01:22 PM)Captain Bearcat Wrote:  The strength of the US Dollar is based on the fact that the US Government accepts only US Dollars for payment of taxes. Full stop.

Faith in the government has nothing to do with it.

That and requiring countries to hold trillions of dollars at all times in order to trade. It’s a free loan and it keeps growing. It’s a boost to our economy and a drag on everyone else’s. They all hate it but we have arranged the world economy so we can siphon off a lot of wealth for us.

That is why we see BRICS countries dumping the dollar and trading in their own currencies. That’s what happens when dollar diplomacy backfires. Countries were primarily motivated to change the system when it’s used as a sledge hammer and a weapon instead of merely being the international standard.
03-13-2023 10:55 PM
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