Sent from my Verizon Wireless BlackBerry From: "Geri oliverie" <fdgerio@comcast.net> Date: Wed, 16 Dec 2009 14:42:19 -0500 To: <csknoll74@gmail.com> Subject: Take That To The Bank You know the old addage "The only stupid question is the one not asked"? Time and time again I find myself avoiding the need to ask basic, fundamental questions about things, and it is this lack of initiative that has left me astounded by the claim made in a new book I am reading. One question I never asked was "What is money based on?" To my horror, I have learned that the "U.S. Dollar" is pegged to NOTHING! We came off the gold standard decades ago (begun under FDR and finalized under Nixon), so now we have 'notes of legal tender' issued by the Federal Reserve (a private institution, not a government agency....think FEDEX) that are backed up by our Government's promise to repay the debt issued to created the currency. Go