Ron Paul was actually given the floor in the congresssional questioning of the Fed and Treasury re the current situation and the bail out.

He said that the current $ fiat system is unworkable and in fact dead. He went onto say that congress and Fed and Treasury are making themselves "feel important"!

RP went on: History tells us that fiat systems fail and eventually revert back to a metal based reserve system. Is there any discussion amung central banks to return toa gold syatem of reserves. CB's still hold about 15% of all gold ever mined.

Lately our actions to support the $ have been the usual of "spin and inflate".

Break-the-banky said with emotion; "the $ isn'tdead! We are loaning it out all over the world and it has shown recent strength. "We're lending like crazy.

RP: My question again is does the subject of replacing the fiat $ syatem with a gold backing system.

Btb: Gold never comes up as a potential for reserves. It only comes up as it conserns CB gold sales.

It was interesting that Paul actually got a minute to present the issue, and the speed with which Break-the-banky avoided any real discusson except for the good ole "denial and dodge" ploy.

These canine - equestrian shows have entertainment value in not any constructive value. :(