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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (6504)6/17/1999 10:31:00 AM
From: Hawkmoon  Read Replies (2) | Respond to of 82007
 
Richard claims to be a warehouse manager... warehouses have pallets of goods to be moved and shuffled around. I merely suggested that he would better spend his time moving those pallets than continuing to impugn my integrity.

As for whether or not moving pallets is somehow "beneath me", I've moved my share of them during periods in my military service.

So no. I come from a blue-collar family and take a bit of pride that I wasn't born with a silver (gold?..:) spoon in my mouth.

You come across like you feel you are way above us mere lay people
so from one low down lay person. GET LOST!


In my opinion, you come across as a pernicious prick.

I worked my way through college without the benefit of a scholarship. I did 14 years in the military in a variety of fields as an enlisted puke.

I think I can rightly come across anyway I choose, having IMO, "been there, done that".

And I'm the one who seems more interested in seeing a financial system constructed and managed in a manner that ENSURES that the blue collar sector is not left by the wayside as the big money tries to find mechanisms for hiding and protecting their vast wealth instead of investing it.

Gold is no friend of the common man. For one, few of us can accumulate enough of it to really matter. Two, in most countries of the world there are not requisite amounts of mineable gold available to facilitate their creating a gold backed financial system.

America was blessed in that it controlled and retrieved signicant quantities of gold from its territories (some purchased, some conquered). That mineral wealth enabled us to grow our economy at a rate that other nations couldn't.

So what do these nations who have no gold have to do?? Buy it from those who do have it usually through debt.

It's a downright shame that so much of the world's economies are focused upon how much of a rare element they possess as a sign of their fiscal credibility, rather than their ability to take on and service debt.

Well managed and serviceable debt is the engine of growth. People taking out a loan and generating economic value and productivity in excess to the interest that is paid on that debt.

Gold on the other hand is a limited material, and not evenly distributed around the world. Those who have it have an undue advantage over those who lack it.

I'm very blue collar, Lorne... I absolutely HATE wearing suits and ties. But that doesn't mean that I can't think like those pretentious and precocious Ivy League graduates.

Regards,

Ron