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value that is published as this fiat. They want morethan what they consider to be falsehoods publicizeddeclaration of the U.S. fiat. They do not believe thatStates dollar is honest money because it can bewill, especially since it is not backed by gold anyThey consider it fraudulent money.If it cannot be redeemed by a universal standard of (gold) who is to say what it is worth?After all gold cannot be printed it has to be mined and there is a limitedPaper or printing press money on the other hand (fiat money) is only limnumber of trees that exist. The more trees the more the possibility of paprinting press money. You have to admit that the people we buy a lot of from have a point.So fast forward, and lets cut to the chaseï¿½..ï¿½We are at a critical point in the economic history of the United Statesno other way to put it. The events of last week were of a character thatnever seen before. On Friday mortgage lender Indy Mac Bancorp becamsecond largest federally insured financial company to fail after it got hitrun.ï¿½Southern California depositors could lose $500 million in IndyMac bank f By John Burton and Kim Saito16 July 2008Last Friday afternoon, Federal Deposit Insurance Corporation (FDIC) regabruptly shut the doors of Pasadena, California-based IndyMac Bank sevbefore its normal closing time and seized $38 billion in assets, making InBank the third-largest bank failure in American history, and the sixth thiWhen the 33 branches reopened Monday morning as IndyMac Federal Bawere greeted by thousands of retirees, workers and professional people,having already stood in line for hours. The crowds waited in sweltering hwithdraw whatever funds they could in scenes recalling the financial panigripped the country during the Great Depression.Police were called to the Encino branch in the San Fernando Valley Tuesdcontrol a line of people, many of whom had been waiting since Monday tfunds.The Federal Deposit Insurance Corporation took it over. That news may b