Judy Shelton for Fed board, return to the gold standard

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News Date: July 12, 2020

Senate banking panel to resume considering Judy Shelton for Fed board.
The nomination of Shelton appeared in jeopardy earlier this year as Republicans and Democrats on the banking panel expressed concerns over her views on the independence of the Fed from the White House, as well as her advocacy in the past for returning the United States to the gold standard.
Source: www.washingtonpost.com

Fed to print 9.5 trillion and buy all the gold in the world

To test the value of the printed money, I suggest that the Fed prints $9.5 trillion and buys all the gold in the world, including jewelry, of 170,000 tonnes at the current price of $55.6 million per tonne. If they don't understand what will happen, I can tell them. They would have real problems getting hold of 1 tone of physical gold at that price. By the time they buy the second tonne, the market will value the dollar at its intrinsic value of ZERO, and gold measured in worthless dollars will go to infinity.
Source:goldswitzerland.com

Trump's objective is to abolish the IRS

February 25, 2025:
Doug O'Donnell, the acting head of the IRS, is set to announce his retirement amid significant disruptions at the agency. His departure follows recent layoffs initiated by the Trump administration and an attempt by personnel from the Department of Government Efficiency (DOGE) to access taxpayer data. The move comes at a time of mounting challenges for the tax collection agency.
February 20, 2025:
Commerce Secretary Howard Lutnick stated on Fox News that President Trump's objective is to abolish the IRS, aligning with his broader vision of replacing federal income taxes with tariffs on foreign nations.
Lutnick emphasized that the administration aims to balance the U.S. budget by the end of Trump's term, reinforcing Trump's economic and fiscal agenda.
"I am so pumped up for it," Lutnick declared on Jesse Watters Primetime, highlighting plans for an "External Revenue Service" to oversee alternative revenue sources.

Treating gold and silver as money

May 12, 2024 update: Nebraska ended capital gains taxes on sales of gold and silver With Gov. Jim Pillen's signature.
Older news:
42 states have removed some or all taxes from the purchase of gold and silver.
And there are new bills pending now in five of the eight remaining states, i.e. Tennessee, Mississippi, Kentucky, Hawaii, and New Jersey.
In 2019, the Sound Money Defense League teamed up with sound money advocates in West Virginia to eliminate sales taxes on precious metals.
A similar effort will be considered in Olympia, Washington.
Passage into law would relieve some of the tax burdens on investors, and would also take a step toward treating gold and silver as money instead of as commodities.
Repealing these taxes knocks down one barrier that might keep some investors from considering physical metal for their portfolios.
Source: fee.org

The two US Constitutions

There are two Constitutions in the United States. The first penned by the leaders of the newly independent states of the United States in 1776. On July 4, 1776, the people claimed their independence from Britain and Democracy was born. And for 95 years the United States people were free and independent. That freedom ended in 1871 when the original "Constitution for the united states for America" was changed to the "THE CONSTITUTION OF THE UNITED STATES OF AMERICA".
The flag of Washington's District of Columbia has 3 red stars, each symbolizing a city state within the three city empire. The three city empire consists of Washington D.C., London, and Vatican City.
Source: www.nationallibertyalliance.org

Quantum computing finance shining in the Wall Street

The quantum computing is the latest shiny new thing of Wall Street. A fundamentally new kind of computing will shake up finance - the question is when...
Simple algorithms could be in use within 18 months, with credit-scoring a plausible early application.
For many problems, a quantum computer with thousands of stable qubits is provably far faster than any non-quantum machine that could ever be built.
Sources: www.multiversecomputing.com, www.economist.com