Yet another response to Karl Denninger and his defense of the Kucinich bill.
Karl's latest response to me titled ' Arkady: Read the damn Constitution ' is another attempt by Karl Denninger to defend the absurd ( Kucinich bill ) while demonstrating to the world that he and only he has read the Constitution and understands it properly. Karl, we know you are a bright guy and are quite capable, yet when you belittle others and flaunt your impeccable intelligence you exhibit signs of insecurity. I would simply like to cover two critical points here. First, anyone supporting this bill and claiming to be part of the Tea Party is doing the Tea Party movement a great disservice, Karl should either disassociate himself from the Tea Party or take back his support for the bill. Secondly, the matter of this bill's Constitutionality specifically as it pertains to the issuance of fiat money is turning into a joke. Karl's view: Nowhere in The Constitution, in point of fact, is a monetary standard - either fiat or metallic - defined for the Federal