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Termyn8or -> RE: U.S. Dollar Jumps the Shark! (7/11/2006 12:54:11 AM)
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I've long seen the stock market in the same light as Las Vegas. Sure some people win, but the majority lose. In this case it is not necessarily the house that has the edge, it is big money. Big money can manipulate the market, one of the points made in the referenced articles.
I was taught how to gamble by a Man named James Watt. My lottery spending went from about $300 per year to about $3 per year. See you got pot odds and hand odds. What you have in your hand in a game of poker determines the hand, or actual odds. Then you got pot odds, how much is in it ? How much of that money is yours, and what is the current bet ? You then make a decision to raise, stay or fold.
Money is by far the worst thing to have except new cars. Those two items depreciate at an alarming rate. What's more, even gold is not true wealth. People need to get it through their heads that money, in whatever form, is not true wealth. Granted, gold is a much better form of money in today's economy, but it is still not wealth.
I am not talking some esoteric bullshit here that "the love of a family" is wealth or some shit like that. I am talking your storehouses of food and water, your paid off house, your tools, your ammunition. When you can get by without money, you are wealthy. Not that you do have to get by without money, but when the shit hits the fan, those flat screen TVs simply don't taste very good no matter how hungry you are, and you can't even burn them for heat, which is something you can actually do with the useless greenbacks.
Those articles were pretty good, but the last one seems to have been written by someone who concentrates their coffee to about 30W viscosity by the gallon (to temporarily adopt his writing style).
I think money is the issue that will eventually free us. The shit is really going to hit the fan and with most of the productive industry moved offshore we have no viable means of recovery. When you see the rich in this country isolating themselves from the dollar, and in a position to manipulate the dollar's value, and the fact that it forever drops, only one conclusion is apparent. Greed.
Greed on a treasonous scale I might add. There is a figurative term used by some of the people I know who have alot of legal tricks they use against the courts when prosecuted by the government. Sometimes these tactics work so well the gov just gives up, it has happened more than once. The saying is "Hold their feet to the fire". I'm starting to think that this should be done literally. I mean a bunch of people grab thewse MFs and burn their feet off.
There is one very big misconception in the one article as well, I think it was the first. It describes Bill Gates as the richest Man in the world. Well, this is obviously from the same people who brought us the world series in baseball, which is hardly that. Bill Gates is nowhere near the richest Man in the world, he is the richest Man they tell you about. There are people who can buy and sell him without missing an island auction (and I mean for the island, not on the island). Sure he's the richest Man in the US, likely anyway. But to say the world in such a case is too Amero-centric. We tend to think we are the center of the entire world, and that is simply not true.
On the other hand, when the shit hits the fan and you need a wheelbarrow full of money to buy a postage stamp, I think the real wealth of the country will become apparent. People will work and barter and survive, that is after a period of turmoil, like looting and shooting, stealing and who knows what else. I sure hope they haven't taken all the guns from law abiding people by that time. People will survive, even if it means cannibalism.
I can take an old Pontiac 151-4 engine and use it to pump freon for my refridgerator, use the exhaust to heat part of my house and use the alternator to power low voltage lighting. If I can get my hands on a generator I can use it to have real 120V power. The knowledge of how to do this is wealth. And money can very rarely buy wealth.
When the shit hits the fan, some people are going to turn into savages, killing and stealing. This makes my survival and theirs mutually exclusive. That means guns and other weapons, the proficiency to use them and even proficiency in the martial arts are wealth. Even today these things are more valuable than money.
I submit that true wealth is stored in the people. Even if you have a gun, which is a simple killing tool, if you do not have the proficiency to use it it will simply be taken away by an enemy and used on you. Just the gun is not enough, nor is the food, water, car engine, generator. Even to use the car engine you will need fuel. The fuel is worth more than money then no ? The ability to make the fuel would be an asset no ?
Recently I saw a guy on TV was going around cutting people's grass for free, to lose weight. He should take all those clippings and distill them into something that resembles fuel. Store it. I'll figure out a way to burn it in an engine. They figured out how to run a deisel off of used cooking oil, that is wealth.
Everything is fine though, as the rich betray the country and put their money in Euros or Zlaty or whatever, they are not really gaining true wealth. Hopefully they will get bit in the ass just like the rest of us. You know it will happen sooner or later. When the nation with the highest consumption rate in the world runs out of money, it is not going to be good for others. Hopefully there will be a domino effect and we will see Rockefellers in the soup lines. The rich caused this shit and it is only right that they take a bite of the sandwich.
Their bite is going to be tough to swallow. The rich wind up paying for everything, which means they don't need to know how to survive. How much you wanna bet they don't ? Before you take that bet, remember I know how to gamble. But then I am relatively honest and I am not looking for a sucker. I would rather take your money in a fair game, on equal footing. The money is not enough, a real gambler plays to best a competent opponent. The money, as useful as it seems right now is simply a by-product.
The stock market ? I would play in reverse. That means I would short stock, and I think it is easier to find a loser and bet against it than to find a big winner. Is this wrong ? Well how about the morality of the commodities market, where people buy up certain things we need to cause demand to rise and make a profit for nothing ? This is gambling plain and simple, the morality has been removed. The reason I don't play the stock market or other things is that I don't know the game very well, and I don't have the resources to protect me from getting burnt by the big boys. I would be stupid to get into that game.
I don't play Acey-Duecy either, I thoroughly hate the game. Too much luck and not enough skill involved.
Hope yall enjoyed my semi-rant.
Bye now.
T
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