Kia Ora Jim. TJ replied to me, linking to your post and I thought, "Hey, where is Jim Black". So I clicked on your name to see what I could find.
You had gone Boom Boom Room and pretty much stopped posting. But there's one post in July 2008, so you are still going.
I thought Ron Paul was good too. It surprised me that Americans prefer what rhymes with Osama, or Mr 100yearwar.
<To: TobagoJack who wrote (20561) 7/28/2007 10:41:35 PM
From: jim black of 37092
Well, Jay, I see it that way and have given Ron Paul a $500 check I fear will take him nowhere at all >
Ron's gold standard ideas are understandable, but not a good one in my book. The issuers of US$ have certainly milked it all they could, but the answer isn't the gold standard. Mq the Amazing is working on the replacement. I was supposed to have made the first issue a few weeks ago, but there are some points I want to tidy up first. The way things are going with the US$ et al, I'll be too late if I don't hurry up.
Anyway, it was nice to see you still around.
Come to think of it, there are lots of people who have gone awol; AC Flyer, Ray Duray [involuntary excommunication] and many others.
TeoTwawki is not yet. I was asking TJ for his post in which he provided a list of events, but he didn't get the right one. There was one which included, [strains memory], GM shuts SUV lines, GE shows hairy legs, war in middle east, something about Fannie/Freddie going bust, ... there were about 15 to 20 items in the list. Quite lot of them have come to pass. A refresher would have been interesting. The list he provided isn't the one I was thinking of.
Look at the price of GM. That was the world's big company 40 years ago. Now it is worth the spare change at many cyberspace companies. The industrial revolution is ending with a wimper, not a bang. The cyberspace revolution is here and the big birthday celebration was Y2K and the 00 followed by the Biotelecosmictechdot.com hangover which was followed by the speculative financial relativity theory frenzy US$ housing bubble and bust.
The ignorant blame our great and estimable idol, Uncle Al KBE. But the borrowers have only themselves to blame. An alcoholic blaming a wine grower for their binges is comparable. Look, there is even a place for them: Subject 53236 Way back in 2002 they could have read about Mindless Zombies blaming Alan Green$pan for their debtly woes. It was after 2002 that the borrowing hysteria got going and house prices were bid up to stupid levels.
Now there is an even bigger hangover and denouement being suffered.
Mqurice |
