Confederate economy better than US economy of 2007.

In the latest jokes going around Austin, the lawmakers are suggesting selling the Alamo.Alamo Joke. I  recognize that it is a humorous gesture. I also know that embedded in jokes is an element of truth. The truth here is that almost anything is for sale in Austin. The bidding is now open for the State legislature and Governorship.

In a sad reflection on reality, I presented a talk on Governor Pendleton Murrah last night. In that presentation, I pointed out that during the rampant inflation of the Confederate currency in Texas gold was selling for about $520/ounce. In today’s economy, gold is selling for $665/ounce. That means that the Confederate currency, even at its worst was better than the current US economy. Those "worthless" Confederate dollars were worth more than the dollar of 2007. Let’s look at another commodity to see how things fare-cotton. When the economy was rock bottom in 1864/65 cotton was going for $1.90/pound, cotton is now selling for $48/pound. The cotton bale was 500 pounds so a bale in 1864 would sell for $950.00, and in 2007, that same bale goes for $24,000.  So given these illustrations, are we better off under Yankee occupation? What has it done for your children, your money, your life?

Here is another point to ponder. During the war, Texas sent approximately 118,000 men into service for the CSA. During reconstruction, the Yankees occupied Texas with 50,000 men. Do the math, they had one Yankee soldier to monitor and control a little over two Confederates each. The Yankee government sent more men into Texas than President Bush sent into Afghanistan.  They did a little bit of overkill on us.

Free Dixie, Not Iraq!

JM

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