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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (28344)1/24/2008 6:57:11 PM
From: Snowshoe  Read Replies (2) | Respond to of 218246
 
It's raining money!!! <g>

Alaskans may get up to $1,000 each from surplus
ENERGY REBATE: Lawmakers want to use surplus to defray costs.

By SEAN COCKERHAM, scockerham@adn.com
Published: January 23rd, 2008 12:02 AM
Last Modified: January 23rd, 2008 01:11 PM

JUNEAU -- Top legislators are talking about dipping into the multibillion dollar state budget surplus to send every Alaskan a check for between $500 and $1,000 sometime over the next few months.

The idea is to help Alaskans offset the high cost of gasoline and other fuel, although people could use the money for whatever they wanted. Every Alaskan who was eligible in 2007 for a Permanent Fund dividend would receive what is being called the "energy rebate."

"If you don't use it for that and you get drunk with it that's your fault. But don't put it to us if you don't have money to get through the winter," said Haines Republican Rep. Bill Thomas, who is talking up the idea around the state capitol.

adn.com



To: TobagoJack who wrote (28344)1/24/2008 8:54:37 PM
From: Rolla Coasta  Read Replies (1) | Respond to of 218246
 
safe and true for now ? the game plan is dangerous. btw, i own gold for so long but i wouldn't encourage people to pump it.. it is even more dangerous.. You can accumulate it by bashing it.. I hope you do the same with me. I am serious !



To: TobagoJack who wrote (28344)1/24/2008 9:50:50 PM
From: Maurice Winn  Read Replies (1) | Respond to of 218246
 
TJ, what they did in France centuries ago is vastly different from what they are doing now in Washington. For a start, they call them dollars and not francs. The longitude much earlier in the day. They didn't even speak the same language. Also, the money in the USA will be issued as food stamps and tax credits, so it's different in that regard too. Plus, they didn't even have helicopters centuries ago in France, whereas Big Ben can toss bales of banknotes out into the downdraft to be scattered far and wide.

As you can see, although there is a superficial similarity between that writing you quoted and the current situation, there is a lot of difference. Also, today there is a huge derivatives market stacked on top of it all which could theoretically make it all top-heavy, but $10 trillion in derivatives doesn't weigh much in pixelation processes compared with $10 trillion in gold which would be VERY top heavy and could make the whole thing capsize.

Mqurice

PS: Okay, I admit that it's an eerily identical situation, but tumbrils wouldn't be used these days in a revolution. Nor would they use guillotines.