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The Forum > Article Comments > The pitfalls in talking up the economy > Comments

The pitfalls in talking up the economy : Comments

By Arthur Thomas, published 12/12/2008

An inexperienced Rudd Government will pay for poor preparation and self promotion by rushing in with rhetoric and grand visions before determining the full extent of the crisis.

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Hey under one god,

Why do you assume you'll have the last can of baked beans?

Yabby,

You'll have your farm and crops to protect from people with only one can of baked beans.

I'll have a fishing line, crab pots and an ocean.
Posted by keith, Saturday, 20 December 2008 2:32:23 PM
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gold'a facinating'thing'[we'trade'in it[but]we dont actually trade in'gold]but in'gold-futures/certificates'[securities]

as it is almost impossable to cash in'the certificate'for'the gold',the[DRAWN OUT]process of conversion of the'promise'[fiat]paper for the gold,we have reached the absurd position;we trade more gold in one day than'ALL'the gold we scavanged over many lifetimes

[THEpaper is produced on a fraction of the worlds'real/gold']and paper-gold'futures'is a market of its own[one'firm'controls the whole'franchise'via its paper-promises][but one day those who paid'good-money'for the gold will have a'run-on it'[the REAL-STUFF[not the paper/promise..[like what happend to silver]

A bag of potatoes[worth about twenty bucks][it was a sack?]and that gold ring possably fed the family for a month?[not bad selling a twenty dollar bag off'pot'[for the'price'of gold*]+or- $800

except for back then[depression 1930's?]a pound was a POUND OF GOLD/the ring bought for about half a pound[12 shillings WEIGHT worth of silver[but the shillings[pre 1948]was sterling silver[these shilling aRE WORTH ABOUT $600 a pound[silver scrap value]today

even so its facination noting the theft of our only'constitutionally'LEGAL tender[gold/silver/coper]coin for paper]i note silver was stolen from us in 66[when our silver coins became cupea nickle]in fact the only printing of REAL SILVER COINS was the round 50 cent piece[worth about'7'bucks[silver price today]talk about two bob each way

anyhow the big theft was for those who held the silver coin and turned it in to the common wealth bank for nickle[it is interesting that by using the gold price of that house[farm]your parents bought for$200 pounds is[today]still worth 200 pounds of gold,[its only that in dollars[two dollars=one pound][note]the house[today]is worth more than'400 bucks'[so where the rest go to?]

inflation;further theft[facilitated by the fed raiding the treasury]of course we can still buy'special'coins from the mint for hundreds of'dollars'[funily enough;a unit of weight/measure[like'shilling'was a unit of weight/and'penny'was a weight]

but we can still buy a'silver'coin by weight[WITH A FACE-VALUE OF ONE DOLLAR{OR 5 DOLLARS]but its silver/gold weight[value]is far more

wealthy people get paid in'face-value'then cash it in for'real-value'thus able to hide what they are REALLY EARNING,is nonFACE VALUE

so why ever pay real-value for your tax?[but then tax isnt on wages
its'INCOME'TAX{FROM INCOMINGS;not wages]but hey if you dont know,just pay'wages-tax'it aint'income'but'people'never know
Posted by one under god, Saturday, 20 December 2008 3:38:23 PM
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