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Message:: [QUOTE="C Jay, post: 1326631, member: 13184"]I have a really cool job. I get to spend your tax dollars, and better yet, I don't even work for the government. I work for an ORG that is responsible for utilizing and maintaining a publicly held state recreational facility. When I do spend your money, I am required to submit at least three competing bids and every year, I have accountants showing up asking to count certain high priced widgets that I may have bought years ago. They want to know how we use them, what their current condition is, what their life expectancy is, and what their replacement cost is. Getting back on track, should we expect less from the Department of Treasury?  As far as the gold in Fort Knox no longer backing the money supply, yes it's true. We operate a Faith Based Monetary System. I have faith that the $20.00 in my pocket will buy X number of cans of Beanie Weenies, tomorrow, next week, and hopefully next month. So what happens when people lose faith? It's called a run on the dollar, just like what happened at the tail end of the Carter Administration. What they did at the time was to tap into the Treasury's foreign currency reserves and buy dollars quicker than people were dumping them. As a last ditch effort, the same can be done with the gold, oil, and other natural reserves. It helps keep the faith.[/QUOTE]