When people hear "new" they assume that it means "better" but, much like "change" that is not always the case.
The "new normal" in the US economy means moving the unemployed from unemployment benefits onto disability rolls to continue subsidizing a massive segment of the permanently out-of-work, while also putting over 47 million on SNAP (food stamps) creating invisible soup lines.
It's the same thing with the "new" $100 Federal Reserve Note that will begin circulating on 08 October of this year.
- Sure, it's a "new" design that is very pretty...even elegant looking...but it is still nonredeemable, and only backed by the full faith and credit of a collection of sociopathic criminals and congenital liars who are financially bankrupt. Swell. First attachment is what we are discussing.
With the purchasing power of the once-venerable Dollar fast approaching that of a penny (take your pick here: the 1909-1982 95% copper version worth $0.021 for it's metal content vs. the face value of $0.01, or the 1982-2013 97.5% zinc version worth $0.005 for it's metal content).
Second attachment: ad erratum est...the "new" face value $100 note is worth about the same as a pre-1982 penny! This is the clever way our Central Bank has replaced the 'old' penny with their 'new' paper scraps in a mere 100 years.
- You'd have to be a moron, a Keynesian economist, or a Nobel Laureate like Paul Krugman (forgive the redundancy) to believe otherwise.
William Banzai has caught the essence of this "new" clown money in the final attachment perfectly.
- The "e pluribus fool 'em" was an absolutely brilliant touch.
Thursday, 25 April 2013
The "new" penny?.......................from Rico
From Theo Spark at 16:25
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