Ran across a few things that interested me the other day. Thought I would pass along to the Tent.

One is an oil painting of the Signing of the Federal Reserve Act. Woodrow Wilson surrounded by the scoundrels that created the ‘Beast’ in 1913.

fedsigning.jpg

Seems according to modern day version it is both a govt and private corporation. ??

“The Federal Reserve System (also the Federal Reserve; informally The Fed) is the central banking system of the United States. Created in 1913 by the enactment of the Federal Reserve Act (signed by Woodrow Wilson), it is a quasi-public and quasi-private (government entity with private components) banking system”

en.wikipedia.org/wiki/Federal_Reserve

Also of interest might be: February 3, 1913 – The 16th Amendment to the United States Constitution is ratified, authorizing the Federal government to impose and collect income taxes.

Seems 1913 was not the best of years for the United States. Perhaps the one bit of good news was a coin in use at the time:

1913 S $5 Indian Head Gold Half Eagle

half-eagle.jpg

Would be nice to have a pocket full of these. Have no idea what they might be worth, but I bet they have faired better in value than a paper dollar from 1913.

Butters…thanks for the weekly update. Good to see our Precious up on the week. Wonder how much higher it would be if Bernake Toad and friends was not trying to surpress the only true measure of value and wealth? Maybe they are just trying to help the Russians and Chinese out by keeping the prices low. Seems more than a few countries are increasing, and publicly saying so, thier own storage of the Precious. Wonder how come we never hear of the USA adding to thier gold reserves? (grin) Bunch of paper loving, paper printing, idiots.

Best to all, & a Great Weekend, Farmboy