Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
Posted: Wed Nov 15, 2006 11:31 pm Post subject: Re: Co-operatives, local currencies, as recession proofing
It's pretty hilarious to me that society's controllers manage to convince the controlled that any effort at pulling away from their shackles and working together to improve their lives is a form of communism or collectivism.
Another rich one is the idea that the Utopian societies, formed as a reaction to industrialization, just didn't work. The fact that people moved away from smokestack hell, bought rural land together and survived, illustrates it DID work. Their lives were tough, but they were free, fed, clothed, and didn't end up sleeping under bridges or selling their daughters into prostitution.
There will be hell to pay when people begin to realize how their world view and attitudes have been shaped by the controllers.
Thanks for your hard work, Julian. I will read this thread with great enthusiasm.
Posted: Thu Nov 16, 2006 7:30 pm Post subject: Re: Co-operatives, local currencies, as recession proofing
Give me control of the currency and I care not who makes the laws -
Rotheschilde.
This idea puts control of currency into the groups hands for their own good. Why things go so wrong in today's world is who controls the currency.
Currency control and who borrowed from whom is seen as why which wars were fought, etc., in history.
Benjamin Franklin reported to an English enquirer (to their complete surprise) that the colonies had no unemployment nor poverty striken individuals as they created and controlled their own paper currencies.
Joined: May 24, 2004 Posts: 3428 Location: California, USA
Posted: Fri Nov 17, 2006 9:14 am Post subject: Re: Co-operatives, local currencies, as recession proofing
The colonies' and early America's monetary system was one ingredient in their relative prosperity.
The other major one, which we should not overlook, was the availability of land for anyone who wanted it. Even if this meant moving out to the frontier, at least there was a frontier. And it did not always mean genociding the natives; no doubt there were many instances of people going out to the frontier and developing a peaceful coexistence with those who were there first.
One of the underlying reasons for our recent (in America) odd economic dynamics, e.g. the stagnation and dwindling of the middle class, has been precisely this: the inflation in the cost of obtaining roof over head, which at its root is an inflation in the cost of land.
Posted: Fri Nov 17, 2006 7:59 pm Post subject: Re: Co-operatives, local currencies, as recession proofing
Probably quite true GG3.
The English weren't fond of this independence and outlawed having their own currency and other things outlawed. Why the war of rebellion.
That paper currency ended up paying 1/40th of the original designated value, so there is an incentive to spend paper currency. Followed by the Act to have only gold and silver as legitimate money.
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