Thursday, February 7, 2008

It's Not the Words, Boys.......................

Congress passed a bill this past week, making the words “In God We Trust” more prominent on the nation’s new dollar coin.
The motto was formerly etched on the narrow edges of the new coin -- a creative touch meant to dissuade counterfeiters and provide more room for art on the face. Now, by law, it will return to the fronts and backs of the coins.
The provision was earmarked to a $555 billion spending bill. Hmmn. Let’s see. The dollar index is down over 10%. And by the government’s own calculations, U.S. inflation jumped 4.1% in 2007 -- the largest rise in 17 years. Fourth-quarter inflation soared past 6%. Seems like Congress ought to be a little less concerned with what’s written on the darn thing… and a little more concerned with what it’s worth. Yeah?

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