February 2, 2008 journal, few people know the structure of money and its international value. The dollar is only paper plus whatever value is perceived by international banks. A deal was made with the Arabs about 45 years ago that they would only sell their oil in U.S. dollars and inturn we would buy their oil and leave ours in the ground if necessary. A man told me today that he worked in a South Carolina mill in the 1920's for less than 10› an hour. The inflationary days started about 50 years ago with the unions striking workers for higher salaries and then state & federal governments begin to tax on them, then came the greatest expense of all in the medical insurance program for all workers. Mandated posted threats against employers was no incentive to hire workers to work in this country. Gradually manufacturing moved overseas with the blessings of the United States government. Today, only 10 percent of our jobs are in manufacturing of product. We have become a dependent nation with no sovereignty and exist at the mercy of others. I have been seeing these days of crisis coming for many years but nobody seems to listen. The Hollywood script writers are still on strike and I say that is a very good foolish thing. I continue quoting The Times Examiner article by Jeffrey West "Since money can only be created through debt, e.g. houses cars and etc. most of the money exists only on paper & only 5% is in actual cash in circulation. History has proven that the best medium of exch-ange is precious metals, particularly gold and silver. Besides the fact this is real money made of materials with intrinsic value, again, the adoms of these elements were created by God when he spoke them into existence by the creation. So we see that only God can create atomic particles of mass ex-nihilo. Consequent, Federal Reserve notes are another one of Satan's poor counterfeits of God's works. Since we as Christians would believe in the inerrancy of the Bible we should see the simple truth of the above, but unfortunately, since the establishment of the Fed in 1913 the majority of Christians have been deceived just as Eve was seduced in the Eden, they were seduced by the prospect of easy "money" although from the Fed's inception they probably printed even more paper money than was backed by physical gold since they were never audited, the situation took a drastic change for the worst when President Richard Nixon took us completely off the gold standard in 1971. Our economy has for some time seen a fight between inflationary and deflationary forces, and this writer has to wonder how it would end. The rapid inflation of the money supply created a false boom in housing and a consequent deflationary oversupply, while an increase in credit paper money has stimulated inflation. Recently we have seen a con-vergence of several factors which seems to give an idea of the conclusion. But first let's try a thought experiment: imagine that you have a gold coin in one hand, and a dollar bill in the other. Try as you might, you cannot make the gold coin physically disappear. You cannot burn it away or otherwise destroy it. Even if you throw it away, the atoms of gold will always exist. But a paper bill can easily be burned & will disappear in seconds, being converted back into its basic elements. Similarly, we see this happening today. Since vast qualities of worthless money can be instantly created through the magic of the false Fed, fractional reserve banking and debt, it can just as easily be instantly destroyed, especially since most of the "money" doesn't even exist as cash in hand. As we see all the housing prices plummet, the paper wealth of homeownership is being wiped out almost overnight in some cases, just as you would burn a dollar bill. This could not ever have happened if our money was based on gold and silver as the founding fathers stipulated in the Constit-ution." Believe nothing Washington or any politician tells you about money or their war.