An illustration of inflation
In 1920 thanks in large part to ever increasing manufacturing efficiencies the base price of a Ford Model T was $260 (according to Wikipedia).
The dollar was backed by Gold at an exchange rate of $22 per Ounce Troy (oz/T).
So the cost of the car was 11.81 ounces Troy if paid for in gold.
The invoice price of a base 2013 Ford Fusion is $20,235 (according to Edmonds) The dollar was taken off the Gold Standard in 1971 by Executive Order signed by Richard Nixon. Today the spot price of one ounce Troy of Gold is $1693.70 (according to Kitco). So the cost of the car is 11.94 oz/T if paid for in Gold.
And you get more car for your gold… Of course we’re not really talking about Fords. We’re talking about fiat… You see, gold is not over priced - the dollar is circling the bowl.
What’s that whooshing sound I hear?
http://theeclecticdragonfly.blogspot.com/2012/09/thought-for-day.html
This what is happening in our "learning institutions'? More like the book 1984 "Education Centers"
College suspends professor for allegedly attempting to force students to vote for Obama
A college professor has been placed on leave after she allegedly forced her class to sign a pledge to vote for President Obama in the upcoming elections.Early last week Professor Sharon Sweet at Brevard Community College (BCC) allegedly told students to sign a pledge that reads: “I pledge to vote for President Obama and Democrats up and down the ticket.”
The pledge was printed off of GottaVote.org, a website funded by the Obama campaign.
University administrators said they learned about the incident late Thursday afternoon and launched an investigation, after they received a phone call from a concerned parent.
“Based on the allegations, Associate Professor Sweet has requested, and been granted, a leave of absence without pay effective immediately,” reads a statement put out by John Glisch, Associate Vice President for Communications at BCC.
“The college will continue its investigation into the matter, which will include interviews with all students in her class,” continues the statement.
Sweet’s actions may have also violated Florida’s election laws.
Section 104.31, of Title IX in chapter 104, states that “no officer or employee of the state... shall... use his or her official authority or influence for the purpose of interfering with an election or nomination of officer or influencing another person’s vote or affecting the result thereof.”
http://www.campusreform.org/blog/?ID=4364
When people get scared they often try to control things in many different ways. Looks to me like, with several of these kind of desperate attempts to get people to vote of Obama are simply showing that they are afraid he doesn't have a chance. And as elitists, that is an unacceptable outcome. The ends justify the means, no matter how illegal, immoral, and unjust.
ReplyDeleteJust my opinion.
Jerry