Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Thursday, October 9, 2008

Economy solution? Gold

One of my friends suggested another thing that i found interesting--though I'm most assuredly no expert in how this all works. But this is what she said--we could imminent Domain or otherwise take over the gold-producing mines in the U.S. that wind up in jewelry, and instead use it to make those gold bars again....

According to the Guardian,
Rising investment interest in gold amid a financial crisis could be seen in increased buying of gold coins and bars.
The U.S. Mint said "unprecedented" demand for precious metals and volatile markets forced it to cease production of some American Eagle gold coins for the rest of this year.
"We are seeing that physical demand remained strong. It's the same story that has been supporting prices all along, as economic and political concerns continued to support prices higher," said CPM Group analyst Carlos Sanchez.

So if we begin to re-route that gold into bars, we could sell sell sell to those (mostly) foreign investors...instead of just continuing to fling our dollars in the wind by funding them.

Maybe add Platinum to that mix as well.

Economy solution? New Tax

With the current economic crisis, and the need for funding.... Here's a thought:

Let's start taxing churches.

It's become obvious that most of them don't fall under "non-profit" organizations anymore. Recall the debacles with all the TV preachers who were living the high-life on the income of the church? I suspect that if all those financially successful churches had to start paying taxes on that money, we'd have the deficit handled in short order.