To: Sully- who wrote (48887 ) 3/22/2002 2:49:22 PM From: Jim Willie CB Respond to of 65232 let's look at the conspiracy game differently the mere mention of the word "conspiracy" inspires accusations of being a kook, talking to oneself, divorced from reality, un-American, etc how about I produce a partial list of movements which some distant voices labeled as conspiracies when they were occurring, and we now know were indeed Ponzi games - the dotcom IPO game and subsequent stocks rising 100-fold, despite lack of any profits - LongTermCapMgmt and their Nobel models to hedge against everything breathing and produce annual 30% gains - Enron and its stream of profits that nobody understood - 1980's Savings & Loan buildup of bad debt - 1999 telecom expansion of debt - 1990's telecom and fiberoptic and networking expansion - 17th century tulips - removal of most silver from US coins in mid-1970's - Soviet Union economic system, and its forced 1:1 ruble:dollar - Presstek, Conseco, and Carlton Lutts' endless stock touts - Cendant and its wonderful growth story - Japan's export nation miracle dependent on debased currency - Pebble Beach Golf Club real estate value in late 1980's the better questions, Tim, seriously are: 1. WHAT CONSPIRACY IS HAPPENING UNDER YOUR NOSE RIGHT NOW ? 2. WHAT IS THE CONSEQUENCE TO THE ABANDONMENT OF 1972 BRETTON WOODS AGREEMENT ON CURRENCY/GOLD STANDARD, WHICH HAS LED TO UNPRECEDENTED VOLATILITY IN BOTH ECONOMIC AND FINANCIAL CIRCLES FOR 30 YEARS ? 3. WITH ALMOST 50% OF UNITED STATES FEDERAL DEBT HELD BY FOREIGNERS (NO PRECEDENT IN HISTORY), WHEN WILL THE DOLLAR SLIDE, HOW MUCH WILL IT SLIDE ? AND WHAT WILL THE EFFECT BE ON THE U.S. ECONOMY AND U.S. DOLLAR ? 4. WITH AN ANNUAL $400 BILLION TRADE DEFICIT FOR UNITED STATES BALANCE OF PAYMENTS (NO PRECEDENT IN HISTORY), AND THE UNDERSTANDING THAT OUR ECONOMIC GROWTH MEANS WIDER TRADE DEFICITS, HOW LONG BEFORE THE SYSTEM RETREATS ? AND WHAT WILL THE EFFECT BE ON THE U.S. ECONOMY AND U.S. DOLLAR ? 5. HOW LONG CAN PAPER SILVER SUPPLY SILVER CONSUMERS ? the burden of proof lies on people who warn and ridicule concerned citizens who identify and elaborate upon the CONSPIRACY how about answering the above 5 questions then talk about conspiracy in that light not upset, not angry, not even feeling belittled or attacked just tired of the complacency you and others show you expect the US economy to revive because "we are Americans" but America has witnessed a rash of dishonesty, where responsibility has shifted away from individuals, where God is disinvited from public life, where deceit and theft are rampant unless caught, where many politicians are in lobbyists' pockets, where brokerage houses sell what they advise you to buy, where conflict of interest is widespread, and now where our Federal Reserve is encouraging you to continue the debt parade deeper into destruction I dont buy it, I buy conspiracy, and hunt down the next one the whole market is sniffing out the Next Enron I think I know what it might be do you? what is the next conspiracy that blows up? any idea? are we all through with conspiracies? is JPMorganChase the next blowup to occur? I think so well I got news for you: "our currency is flawed, our trade debt is a timebomb, our foreign held debt is a king's ransom, our household debts are a ball & chain, our entire system is in deep trouble mired in a sea of DEBT (public, private, international)... and the gold/silver warning system has been dismantled without a peep of objection" in a matter of time the warning system will become very valuable it may someday soon become the safest money ironically, I expect it to become most valuable soon after it becomes ILLEGAL to own just like 25 years ago money is by definition valuable and valued if it is scarce and precious printed paper does not qualify all thru the ages, wealth of nations has gone hand in hand with mining valuable minerals that ancient trend cannot be repealed by govts the USMint is out of silver, my man what does that mean to you? / Jim