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Hope this is helpful though it is not my original source I am still looking for that.
http://hnn.us/articles/60041.html
Excerpt
Just how much money is the U.S. government printing to meet its debts? Steven Horwitz, professor at St. Lawrence University, and co-author of The Austrian Economists blog, explains that the amount of money printed in the past few months since the October economic crisis, has been absolutely unprecedented in U.S. history. “Since September, the 'monetary base,' which is the measure of currency plus bank reserves, has doubled from about $850 billion to $1.7 trillion, about $600 billion of which is in the form of bank reserves,” he says.
Truth is there is 127% more US currency available in the world now than one year ago.
This is more that 5 times the extra money that was printed during the Carter days.
Question: If the federal government is not printing money, where did all the "new" money come from?
Looking forward to you response.
Actually after having worked for a public water utility for over 20 years I can tell you that it would do little to "protect the quality" of drinking water supplies.
Understand, this means that even farmers who have stock pods that are not used for human consumption, will have to give up control of their watering rights for their live stock to the government.
It means that if a landowner who has had ownership of a piece property for years suddenly developers a beaver problem and the associated damning activity caused by the beavers threatens your home, you have no right to interfere with the beavers OR the ponds/ flooding caused by the beavers. In other words the beavers have more rights than the property owner does.
It means that if you own a piece of property that has a stagnant pond or water shed and this creates a mosquito problem (and we all know what problems mosquitoes cause) the property owner MUST get the permission of the government to do anything about it and I can tell you that almost never happens without GREAT expense to the owner.
Protection of property is one of the MOST important rights Americans are born with. These kinds of actions by our government clearly imposes on those rights.
I am probably a good person but I haven't taken the time to fill out my profile, so you'll never know! |