tag:blogger.com,1999:blog-4921988708619968880.post7097805245285365158..comments2024-02-28T22:03:57.237-05:00Comments on The Automatic Earth: May 2 2009: Bankers and fishIlargihttp://www.blogger.com/profile/09698428009501267664noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-4921988708619968880.post-52265451546429132812009-05-03T18:15:00.000-04:002009-05-03T18:15:00.000-04:00New Post UpNew Post UpIlargihttps://www.blogger.com/profile/09698428009501267664noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-88454833806482707122009-05-03T16:52:00.000-04:002009-05-03T16:52:00.000-04:00Mr. Lee’s piece ‘Aristotle's Choice of Money Revis...Mr. Lee’s piece ‘Aristotle's Choice of Money Revisited’ where he talks holding oil and gold among others as your money instead of fiat currencies is good. That is, if you can get out of dollars just before they suffer from the next inflation again and if you don’t mind that stock exchanges where you might hold your proxies for oil and gold occasionally close for months at a time during “Bigelowhttps://www.blogger.com/profile/16883913065391637120noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-47132446036916349112009-05-03T15:51:00.000-04:002009-05-03T15:51:00.000-04:00Lest people forget:
THE BUSINESS PLOT TO OVERTHRO...Lest people forget:<br /><br /><A HREF="http://www.huppi.com/kangaroo/Coup.htm" REL="nofollow">THE BUSINESS PLOT TO OVERTHROW ROOSEVELT </A>The banksters have learned their lesson. They apparently have become much more adept.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-3992360964980329802009-05-03T12:18:00.000-04:002009-05-03T12:18:00.000-04:00@ jalWould you be refering to
the Perimeter Instit...@ jal<BR><BR><I>Would you be refering to<br />the Perimeter Institute conference on economics?</I><BR><BR> No, never heard of them before your mention. Thanks! Took a quick look at them and while I shouldn't be fast to judge, it does seem to be founded and organized by the corporate 'family'. I will take a longer look later but just on that quick glance I would expect it's result will be like Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-50047527810834029112009-05-03T12:08:00.000-04:002009-05-03T12:08:00.000-04:00When the "Legions" aren't doing so well on their f...When the "Legions" aren't doing so well on their foreign booty looting operations, they always end up coming home to ply their trade.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-7841031078175162622009-05-03T12:04:00.000-04:002009-05-03T12:04:00.000-04:00"the drag queen outfits of Faux Financiers..."
So..."the drag queen outfits of Faux Financiers..."<br /><br />Sounds like Geithner and his <I>Oh So Giant $300 Hairdo.</I>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-40548321999196444492009-05-03T12:02:00.000-04:002009-05-03T12:02:00.000-04:00"WILL NORTHCOM TAKE OVER IN SWINE FLU OUTBREAK? by...<I>"WILL NORTHCOM TAKE OVER IN SWINE FLU OUTBREAK? by Matthew Rothschild<br /><br />The swine flu outbreak raises a lot of fears.<br /><br />Here’s one you might not have thought of yet: The Pentagon may be taking over more and more of our civil society in this crisis.<br /><br />Back in 2002, President Bush created NorthCom, the Pentagon’s Northern Command, which has jurisdiction over the UnitedAhimsanoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-19851451449436376332009-05-03T11:50:00.000-04:002009-05-03T11:50:00.000-04:00"The money was created openly by the colonial gove..."The money was created openly by the colonial governments and not by a cartel of private bankers charging the people a fee for creating their money and loaning it back to them."<br /><br />This is precisely the model Obama should have been shooting for as a transition from the fractional reserve ponzi we have now.<br /><br />Instead, we get crypto-fascist mobsters dressed in the drag queen Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-41322626778347421182009-05-03T11:36:00.000-04:002009-05-03T11:36:00.000-04:00mmckinl and the Wikipedia article:
The PA money i...mmckinl and the Wikipedia article:<br /><br />The PA money is still debt based as it was loaned (and in a fashion ) created by debt. The main difference between this system and our current one is that<br /><br />1) It was not based on a fractional reserve system<br /><br />2) The money was created openly by the colonial governments and not by a cartel of private bankers charging the people a el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43589697263145138442009-05-03T11:28:00.000-04:002009-05-03T11:28:00.000-04:00El G @10:55
Se te olvido algo ... Or the Pentagon...El G @10:55<br /><br />Se te olvido algo ... Or the Pentagon releases an engineered influenza virus in Mexico City ... Just kidding, of course. :)<br /><br />Me, paranoid and fear-mongering? NOOOOOOoooooooo.Ahimsanoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-90572945768151700162009-05-03T11:09:00.000-04:002009-05-03T11:09:00.000-04:00anonybear said... "Oh good, so those guys that see...anonybear said... <BR>"Oh good, so those guys that seek the fake Nobel prize are going to use biological systems to make their FINANCIAL systems more secure from failure. That sounds like a good step in the wrong direction!"<br />----- <br />Would you be refering to <br />the Perimeter Institute conference on economics?<br /><br /><br />They complain that the "center" ignored the warnings from jalhttps://www.blogger.com/profile/16969819389823705458noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-26610379343958370862009-05-03T10:55:00.000-04:002009-05-03T10:55:00.000-04:00YD
"The question that remains is how do you trade ...YD<br />"The question that remains is how do you trade with the citizens of another government of which you are not a subject."<br /><br />Easy. You build up a big supply of nuclear weapons and spend more on your military than the rest of the world combined. Then when you run out of gold through mismanagement, you shut the gold window declare your fiat, unbacked currency as the world's reserve el gallinazohttps://www.blogger.com/profile/00642036843036726232noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-52235543290050625812009-05-03T10:48:00.000-04:002009-05-03T10:48:00.000-04:00Anon 9:37 - you left out a key quote:
"This viru...Anon 9:37 - you left out a key quote: <br /><br />"This virus is not dangerous to humans," said Laurent Kaiser, head of the Geneva lab. <br /><br />They were specimens from a veterinarian lab - not the type of swine flu that infects humans. <br /><br />This kind of fear-mongering serves no useful purpose.Dr Jnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36515628316390947332009-05-03T10:27:00.000-04:002009-05-03T10:27:00.000-04:00On the Polka Dot Gallows/People Are Funny list tod...On the Polka Dot Gallows/People Are Funny list today; a column by James Lileks on internet gambling: <br /><br /><A HREF="http://www.startribune.com/local/44201407.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUsI" REL="nofollow">A Mouse Click Away</A>"Frankly, putting money in real slot machines seems risky; I'd rather feed dollar bills into a paper shredder, because then when Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-800725091670117992009-05-03T10:18:00.000-04:002009-05-03T10:18:00.000-04:00Oh good, so those guys that seek the fake Nobel pr...Oh good, so those guys that seek the fake Nobel prize are going to use biological systems to make their FINANCIAL systems more secure from failure. That sounds like a good step in the wrong direction!<BR><BR> The true economy of this planet is complete in the cycle of production consumption and return. To base an economy on merely production and consumption without return can only produce a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-32275473521258564082009-05-03T10:16:00.000-04:002009-05-03T10:16:00.000-04:00YD,
Do you have a link for the local currency dis...YD,<br /><br />Do you have a link for the local currency discussion from TOD? Local currencies are indeed a valuable idea for coping with the effects of depression, although they are no panacea.<br /><br />A local currency does not allow the centre to cream off a share of local wealth, meaning that it will be seen as a direct threat to central authority. Unfortunately that is likely to limit the Stoneleighhttps://www.blogger.com/profile/15099878430757036461noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-43374479123615161302009-05-03T10:06:00.000-04:002009-05-03T10:06:00.000-04:00Anon 9:37 - "The point is, I now have the same sin...Anon 9:37 - "The point is, I now have the same sinking confidence in the health industry as I have in the financial industry."<br /><br />Well. There's a simple fact of our universe that you've been ignoring. It's not your fault- it's something we are taught to ignore; and actually to "unbelieve", as a matter of cultural faith. This is it, "Greenpa's First Law of Philosophy And Engineering":<Greenpahttps://www.blogger.com/profile/17224906349154302210noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-61724211403237166602009-05-03T09:38:00.000-04:002009-05-03T09:38:00.000-04:00mmckini & coy ote,
The idea of a local curren...mmckini & coy ote,<br /><br />The idea of a local currency that gains its value by being able to pay taxes with it, is powerful. A democratic government can create a system of trade that works for its citizens. The question that remains is how do you trade with the citizens of another government of which you are not a subject. That is where it seems gold and silver have their place. This YDnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-36696586606815847132009-05-03T09:37:00.000-04:002009-05-03T09:37:00.000-04:00If the stability of the financial system depends o...If the stability of the financial system depends on confidence, so does the stability of the medical system.<br /><br />We have a problem Houston.<br /><br />Headline:<br /><br />"Vials of swine flu virus explode on train"<br /><br />"..Vials of innocuous swine flu virus have exploded on an intercity train...Viruses and other infectious specimens are often transported by train or Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-2810942837935057952009-05-03T08:55:00.000-04:002009-05-03T08:55:00.000-04:00Even Krugman in the discussion uses national debt ...Even Krugman in the discussion uses national debt in isolation, he says it is 60% now compared to 100% in WW2.<br /><br />But national debt is part of a much wider debt ecosystem, private debt, corporate debt, credit card debt, mortgage debt etc etc. When viewed as a debt ecosystem we see that the total debt levels are vastly higher then in WW2 at 370% of GDP and soon to be 500%.<br /><br />No VKnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-77658473697939548032009-05-03T07:51:00.000-04:002009-05-03T07:51:00.000-04:00MMckinl ... "Point being we don't need gold for m...MMckinl ... "Point being we don't need gold for money ...<br /><br />Your comment was very interesting one and a good one.<br /><br />However, I don't think that centuries of success regarding precious metals as a good currency backup can be invalidated by the particular circumstances of your example with the colonies.<br /><br /><br />But your point was enlightening regarding franklin and the Hombrehttps://www.blogger.com/profile/12930734368916487826noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-34032417948589131992009-05-03T07:46:00.000-04:002009-05-03T07:46:00.000-04:00LOL Phil! Worthy of TAE's midnite summary entries....LOL Phil! Worthy of TAE's midnite summary entries.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-23895346531620695092009-05-03T05:01:00.000-04:002009-05-03T05:01:00.000-04:00The Newfoundland cod banks are still down I believ...The Newfoundland cod banks are still down I believe following 1988 crash?<br />http://www.rtpi.org/cod-crash-part-2.html <br />"It was a painful lesson to learn that the Atlantic Cod may never regain its dominant position in the waters on the Grand and Georges Banks."philsharrishttps://www.blogger.com/profile/16992266289232459952noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-13429932572299005512009-05-03T02:51:00.000-04:002009-05-03T02:51:00.000-04:00from above ...
Benjamin Franklin
Front page of ...from above ...<br /><br />Benjamin Franklin<br /><br /><br />Front page of Benjamin Franklin's autobiography<br />Benjamin Franklin helped create the Pennsylvania Scrip, and in his autobiography he wrote of this currency:<br />The utility of this currency became by time and experience so evident as never afterwards to be much disputed<br />Franklin believed the shutting down of this paper money mmckinlhttps://www.blogger.com/profile/01382007009752399000noreply@blogger.comtag:blogger.com,1999:blog-4921988708619968880.post-58886063182230017082009-05-03T02:44:00.000-04:002009-05-03T02:44:00.000-04:00On Money ... You should look at this Illardi ...
...On Money ... You should look at this Illardi ...<br /><br />Colonial Script : Wiki <br /><br />Colonial scrip was not backed by gold or silver and therefore the colonies could control its purchasing power. This was similar to the "tally stick" system used by the British Empire for over 700 years. It was different from the conventional European mercantilist system of money which required mmckinlhttps://www.blogger.com/profile/01382007009752399000noreply@blogger.com