Glenn Beck and Goldline: Glenn Beck tells viewers to buy gold from Goldline; Viewer buys gold coins from goldine; viewer "loses 42% of their investment instantly."

Pilebsa

My point is, the selection of gold as a standard is arbitrary. It's far from the only rare, stable, stowable substance that could be used. The biggest problem with a currency like gold is that the amount out there is unknown. If there was a fiat currency that was based on a very specific, known quantity that was in existence, a monetary market would be more stable.

Pilebsa

My argument is that Gold (and other precious metals/gemstones/etc...) would emerge as a de-facto convenience currency.

There's nothing "convenient" about gold. It's one of the heaviest substances on the planet.

But I would argue that its scarcity ALONE lends it emotional weight and power in the marketplace.

There are plenty of substances more rare than gold that aren't as sought after.

It's arbitrary.

Pilebsa

You are missing one VERY IMPORTANT aspect: There will ALWAYS be a need for convenience currency...no mater what scenario is playing out.

It may be convenient, but not necessarily a "need" for fiat currency. If society breaks down, the first thing people will do is abandon fiat currency and start directly bartering for what they need. You can look all around the world and see this happening, even today.

Pilebsa

Gold has been valued by every major civilization across the globe for millennia.

And many of those civilizations would trade a hundred pounds of gold for a few sticks of cinnamon, saffron, shiny beads, salt, water or some shoes.

Pilebsa

Ron Paul has a lot of good ideas

Like the earth is only 6000 years old and evolution is fake?

Pilebsa

Gold is arbitrary. It is far from the most valuable element you could have. Its value is loosely based on rarity, which can change at any time, and like diamonds, the gold market is artificially inflated by several large groups who stockpile it.

In ancient times, cinnamon was more valuable than gold. It's all arbitrary.

Pilebsa

I've done some thought about this and one commodity that will be in demand when all hell breaks loose, that can be stored, is alcohol. It has even more uses than gold.

Pilebsa

Once he actually leaves the house, he'll probably be fine.

Came here to say the same thing. You can tell the father is projecting his own perspective, pretty heavily upon his kid, and the kid probably will rebel against the narrow-minded upbringing he's had at some point, unless he can continue to live in a little bubble of a world and surround himself with like-minded people.

Pilebsa

Excellent. So did you bring your own horn or a mouthpiece? I'm a drummer so there's probably different protocol when you're talking about sitting in on an instrument people put in their mouth.

Pilebsa

Coming to terms with the fact that her son died for nothing is too horrible to fathom.

Regardless of who killed him, he didn't die for nothing. He died so a bunch of military defense contractors and oil companies could make a ton of money.

Pilebsa

If you don't know anybody, it's not easy to sit in. That being said if you wander around Bourbon street and offer some of the working bands some money, they might let you sit in.

Pilebsa

You can get used to the heat. During Katrina I lived out of my house for more than a month with no A/C. The first week is hell, then you acclimate.

Pilebsa

False Equivalency.

There's a difference between being the architect of a plan, and going along with it. Clinton signed a HUGE BILL where that provision was nestled inside. This is the way they do things now. They stick all kinds of items inside larger bills that would be very unpopular (and in some cases almost impossible) to VETO.

EVERYONE, including us who bought 500K houses with 34K salaries.

Another fallacy... next you'll be talking about "welfare queens with Cadillacs"

Pilebsa

Consider it foreplay.

This is the first of many times you'll be screwed over by TimeWarnerCable.

Pilebsa

It was sugar mixed with water.

Pilebsa

What's scary is this is just a tiny subsidiary of the Vatican. Can you imagine how much the main church has?

Pilebsa

For those who want details here you go. In short, A provision of the Financial Services Modernization Act of 2000, authored by Phil Gram and 2 other republicans, rolled back regulations on banks that allowed them to create the Ponzi Scheme called "Default Credit Swaps" that led to the primary insolvency.

Pilebsa

Sugar supposedly neutralizes the capsicum. The idea behind Scoville units was to see how much sugar one could ingest to make the heat subside.

Pilebsa

We support Israel because there's a $6 Billion dollar annual kickback scheme in place whereby America gives loads of money to Israel, which then has to spend the money on select American contractors, the contractors then heavily fund America's most powerful lobbyist group, AIPAC, whose main job is to ensure America keeps giving tons of money to Israel.

Pilebsa

I'm not sure what you're talking about, but generally-speaking, shame is a very powerful force to communicate information and influence others.

I am against censorship, but I can also appreciate a campaign to turn the tables on the religious institutions who feel reality has a bad influence on their adherents. You appear to be under the assumption that unreasonable people can be logically reasoned with.

Pilebsa

You don't know much about AIPAC do you?

Pilebsa

I agree. I kind of think the whole site is more tongue-in-cheek humor than a legitimate business venture.

Pilebsa

Do you have children? Do you let them access anything they want?

Pilebsa

So would you make an argument that it's perfectly reasonable for young children to be able to view porn? Should that not be censored as well?

Pilebsa

Thanks for the clarification. I'll fix that on the page

Pilebsa

TROPHY CASE

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