XPost: can.general, can.politics   
   From: Canuck57@nospam.com   
      
   On 11/07/2011 10:37 PM, John Fleming wrote:   
   > On Mon, 11 Jul 2011 21:09:00 -0700, while chained to a desk   
   > in the scriptorium "Bilderberg..sucks"   
   >   wrote:   
   >   
   >> $funky Zanuck said..   
   >> $   
   >> $>I don't lend money, I ceased all investments of lending money in 2004/06   
   >> $>and didn't get burned as much as most when the Debt Depressions started.   
   In   
   >> $>fact, I made money on it with cheap buying opportunities.  But I don't   
   >> $>subscribe to liberal economics theory as it is dead wrong. Conservative   
   >> $>theory says if real savers interest rates drop below inflation plus taxes   
   >> $>you are entering a recession/depression and sell of certain type   
   >> $>investments.   
   >> $   
   >> $>Thus I don't own banks, I don't have bonds, no CD/GIC and no T-Bills or   
   >> $>CSBs.  They are bad investments.   
   >> $   
   >> $Tell us, what are you going to do when the tide turns where a cashless   
   >> $society is put in place and money is no longer going to do you any   
   >> $good...unless you invested in gold or silver..did you take that into   
   >> $consideration and fact like some of us did...   
   >   
   > Cashless society simply means you and I won't be running   
   > around with coins in our pockets and bills in our wallets.   
      
   I think he meant you don't buy or sell anything.  But for cash as print   
   money, yes, that was my initial thought ... but the idiot was talking   
   like it was gong to be free.   
      
   > Everything just becomes electronic payment.  You use your   
   > debit card or your credit card to pay for everything.   
      
   I am already there.  I don't write one check a year, one for property   
   taxes.  Everything else is on the visa, only get $400 from the bank   
   every 6 months or so.  Only use postage for income taxes, and that might   
   end soon too.   
      
   But I have zero investments in money lending.  I have a feeling that no   
   mater what the USA does short of a $1.6 trillion cut in spending, the   
   USD is trash no value money.  And likely Ottawa will follow.   
   --   
   Now the real war is on Obama-debt, to save America's future.   
   And do it for your kids sake....and ignore the selfish fleabags...   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)