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To: goldsnow who wrote (4287)12/15/1997 1:52:00 AM
From: Gary H  Respond to of 116790
 
Goldsnow,

<Any significant development in science and technology came from military application initially, that boosted productivity enormously in civilian life and payed many times for costs.>

Agreed! Up to a certain point and time. Q: At what cost to the earth?
This has and will come back to haught us and the bottom line will be
of a cost far exceeding the benifits.
I don't say that this was avoidable. It's the nature of man to exceed
his boundries to the point of jeprody. Unforunatly these boundries are exceeded mostly by leaders and the person to pay the price is the man on the street. Q: What can the man on the street do to protect himself from the misdealings of politics?

The problem we are facing with paper money, is that it is expendable.
Loans not payed for by persons, Companies, Countries etc, become tax write-offs and in turn become the problem of the tax payer. Compare the following to what I have said.

"This is the shabby secret of the welfare statists' tirades against
gold. Deficit spending is simply a scheme for the `hidden'
confiscation of wealth. Gold stands in the way of this insidious
process. It stands as a protector of property rights. If one grasps
this, one has no difficulty in understanding the statists' antagonism
toward the gold standard."
Alan Greenspan (1966)