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  1. J

    Do you think the euro is likely to replace the us dollar as the major currency?

    The dinar? Which one? There's a few floating around these days. Doubt it though, regardless of which one you're referring to. The dollar became the reserve currency after WWII not because it was backed by gold, it was the strong industrial base that guaranteed that treasury bonds would...
  2. J

    What is the fundamental purpose of money

    An economist once observed that, in the long run, we're all dead. Go figure...
  3. J

    Bloomberg News sues Fed to force disclosure of collateral

    Guaranteed to die with barely a whimper heard. No way the government, much less the mainstream media, forces the American public to understand that the Federal Reserve is not a federal agency, but is actually an institution privately owned by the very banks that got us into this mess...
  4. J

    Rahm Emanuel: Another banking criminal

    Those of us who were actually old enough to vote in that election remember it for what it was -- voting out those for what they did, not voting in someone for what he promised. You think this is a new problem? Might want to check on the composition of Congress after the '32 election...
  5. J

    Rahm Emanuel: Another banking criminal

    Hey, if the rants of a gambler who got lucky is what you want to rock with, more power to you. Me? I'd prefer the writings of those who anted their life in the pursuit of their goal. On that measure, Soros is a wannabe compared to the likes of Jefferson, Madison and Hamilton, amongst others.
  6. J

    What is the fundamental purpose of money

    You're confused. Money is an agreed-upon storage unit for wealth and is the basis for transferring wealth in exchange for goods or services. It's not money itself that's bad, it's the human emotions of greed and vanity that give money or more correctly, wealth, a bad name. And, while...
  7. J

    Do you think the euro is likely to replace the us dollar as the major currency?

    The OP is looking for research for a paper, you're not helping when you offer up paranoid fantasies. Or, was that your intention, to have him berated as fool?
  8. J

    Do you think the euro is likely to replace the us dollar as the major currency?

    It's amazing how people get so worked up over some snappy new term, especially when it's served with a heaping helping of conspiracy. "Globalization" is nothing more than a race to the bottom -- corporations looking for cheaper labor. Today it's outsourcing, 30 years ago it was called...
  9. J

    Bloomberg News sues Fed to force disclosure of collateral

    Mikey should know better, the Fed ain't a federal agency.
  10. J

    Rahm Emanuel: Another banking criminal

    Soros is a putz that got lucky rolling the dice. Had he not almost broken the pound by gaming a flawed monetary system he'd have never written one damned book for you to fawn over.
  11. J

    Do you think the euro is likely to replace the us dollar as the major currency?

    Moot if it stays solvent for more than a multiple of the average lifespan.
  12. J

    Rahm Emanuel: Another banking criminal

    Last I checked, the ultra-conservatives, AKA neo-cons, just got their asses kicked. What's needed is for the bleeding hearts to make things worse so that the extremists on the left and right get kicked out for good. Moderation, be it drinking or government, is the only responsible way to...
  13. J

    Do you think the euro is likely to replace the us dollar as the major currency?

    All currency unions ultimately fail due to the lack of uniform political, regulatory and legal systems to provide support during tough times.
  14. J

    Confiscation of retirement.

    So, you think Europe's gonna be any better off? That's rich...
  15. J

    Buyers Cabal?

    No lie. Plenty still in front of us. Remains to be seen what the final number of Home Depots and Loews that will be, have been shuttered. Still need to see a crest in option ARM defaults. Not to mention McMansion jumbos. The suburbs around NYC should start showing some serious cracks...
  16. J

    Deflation and Liberty

    I think that's already an impossibility due to the escalating burden of present and future entitlements. Not even close. First off, it wasn't a depression, it was a recession and the mildest of the three severe recessions in the U.S. Second, that recession occurred because of Jackson's...
  17. J

    Buyers Cabal?

    Absolutely. It would have been a lot harder for Congress to approve funding for these "wars" if the military was still comprised the same way when we served, with people from all walks of life instead of what it is today, with those who are economically disadvantaged.
  18. J

    Buyers Cabal?

    Wars never go according to plan, doubly so if you're the one starting it. Where Bush fucked up, and Congress aided and abetted, was to forget that it's called the National Defense precisely because it was never intended to be an offense.
  19. J

    Buyers Cabal?

    If you're old enough to remember 'Nam then it's a sure bet you know, if indirectly, someone who came home either in a box or minus an appendage. If not, your parents do. Can you say the same today? The odds of that being the case are much lower if you don't live in an economically...
  20. J

    Deflation and Liberty

    Much as I agree with Jefferson's warning, deflation can and did occur well before Congress foolishly established the Fed. Outside of the Depression, the two other major periods of deflation in the U.S.. The first was the recession of 1836, right after Jackson dismantled the Second Bank of...
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