ErikW Posted October 25, 2001 Share Posted October 25, 2001 Something occurred to me one day when I walked past an armored car delivery at a bank in an affluent California town. The lone guard/driver was loading up a hand cart with cash and coins. She had a nylon holster with what looked to me like a Smith 686. She didn't get a second glance from the soccer moms, workers, cops, or old maids nearby. (After all, she had a uniform.) She has the blessings of the state to go armed to protect the currency. But if she were to carry a gun to protect herself on her day off, the state would consider that criminal behavior. It occurred to me that I live among people who accept or endorse an indvidual who protects money, but who shun or punish someone who protects his or her own life. Link to comment Share on other sites More sharing options...
Singlestack Posted October 25, 2001 Share Posted October 25, 2001 Eric, You must remember that the poeple who make the laws in your State value their life more than yours..... Link to comment Share on other sites More sharing options...
Ron Ankeny Posted October 25, 2001 Share Posted October 25, 2001 Singlestack: Maybe the people who make the laws value their money more than Erik's life. Link to comment Share on other sites More sharing options...
Singlestack Posted October 25, 2001 Share Posted October 25, 2001 Hmmmm......... Good point, I had not considered that one. I was only thinking of Senator Finestine and her hipocrisy. Link to comment Share on other sites More sharing options...
ErikW Posted October 26, 2001 Author Share Posted October 26, 2001 SS: Feinstein makes or votes on legislation for all 50 states. She's not just California's problem. Ron: "their money" Hmm, I suppose they think everybody's money is their money and that's why it needs protection. Link to comment Share on other sites More sharing options...
bonedaddy Posted October 26, 2001 Share Posted October 26, 2001 Erik, another thing that's really ironic, "their money" isn't worth the paper it's printed on. The Federal Reserve is not federal and their reserves are doubtful. The Fed is a consortium of 12 privately owned banks that create money by writing an IOU to the U.S. Treasury. The 12 banks are controlled by private shareholders, you would recognize the some of the names. US dollars haven't been backed by gold since Nixon closed the gold window in 1973. This completely violated the Bretton Woods Agreement that was reached in 1944 and appointed the US $ as the reserve currency for the world in the aftermath of WWII. The bills we carry around in our pockets are Federal Reserve Notes. Legal tender. "Tender" means an offer to pay. This stuff ain't money. It is a "promise to pay" or debt. And right now the US Bureau of Printing and Engraving is cranking them out at a faster pace than at anytime in history. Heading for interesting times....... Oh yeah, and IT IS "their money" and they steal from you by printing more and more of it every day. This way the money you earned last month is worth less. (eventually worthless) So, the shareholders of the Fed confiscate the labor of the masses by paying them in worthless paper. O.K. this is the hate page, and phony money is one thing I do hate. Hope you enjoyed my rant. Link to comment Share on other sites More sharing options...
Flexmoney Posted October 26, 2001 Share Posted October 26, 2001 Well...for the first time I have to completey disagree with BoneDaddy's post. Usually Sam is writing what I am thinking. For the sake of thread drift (and the fact that I don't want to type a LOT), I'll say this. Link to comment Share on other sites More sharing options...
ErikW Posted October 26, 2001 Author Share Posted October 26, 2001 bonedaddy, don't get me started on fiat currency and the U.S. Fraudulent Reserve notes! The history of money and currency in the U.S. is fascinating stuff. I was excited about digital cash but it's now even more likely to be quashed before it gets off the ground. But anyway, sort of back to the topic, what people call money really has no instrinic value or worth. It's worth is dependent upon the faith people put in it as a currency of trade. Right now, there's so much faith in it, it's more valuable than human life to some people. Weeks from now, it can be as valuable as post-Versailles German marks or current Afghanis and you'll need a wheelbarrel full of greenbacks to buy a loaf of bread. Link to comment Share on other sites More sharing options...
Detlef Posted October 26, 2001 Share Posted October 26, 2001 Erik, how many weeks from now? Thanks, Detlef Link to comment Share on other sites More sharing options...
ErikW Posted October 26, 2001 Author Share Posted October 26, 2001 I didn't say it was likely. It would take a few more WTC type attacks, a more widespread biological attack, more large-scale counterfeiting, more fedgov bailouts and money printing (oops, I already mentioned counterfeiting), more crackdowns on taken-for-granted freedoms, among other things. Don't tell me hyperinflation "can't happen here." Link to comment Share on other sites More sharing options...
bonedaddy Posted October 26, 2001 Share Posted October 26, 2001 Who was it that said "those who refuse to learn from history are doomed to repeat it" And Erik, you are right, I really shouldn't get you started on fiat currency and I shouldn't have started on it either. I know this isn't the proper forum. If you ever want to let go with a really good rant on it, send me an e-mail. In the book and movie thread I listed "The Soverign Individual" by James Dale Davidson. Very enjoyable reading. Link to comment Share on other sites More sharing options...
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