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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
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I suggest that you be aware of this threat. I suggest that you sit down with the family budget and outline what your response would be if the price of gasoline were $10 a gallon or $15 a gallon or $20 a gallon. What would you do? I know what you would do. You would drive less.
I really like Gary North because he is the only one who has accurately proven how the money supply is now deflating (relatively speaking). That causes recession. The money supply (legal tender) is the blood of the economy. If the quality of the blood is high and the cost of the blood is low, the economy will live and thrive.
If the blood is poison or absent the economy will suffer and die.
I think Gary North is very well aware of how the legal tender supply affects a National economy as well as a Global economy. Gary North is one very smart guy; one of a very few who have managed to accurately identify the causes of economic trouble rather than merely pointing fingers at the symptoms of economic trouble.
Please read the whole article and when the quote above is read, please use your own brain.
Here:
I suggest that you sit down with the family budget and outline what your response would be if the price of gasoline were $10 a gallon or $15 a gallon or $20 a gallon. What would you do? I know what you would do. You would drive less.
I have sat down with my family, a micro-economic society, for years and my story remains the same for years. Any excess purchasing power should be employed toward the creation of more purchasing power.
Example:
One Solar Panel can pay for itself in one year according to at least one supplier of Solar Panels. One Solar Panel continues to produce power for 25 years according to many Solar Panel warrantees.
That means that the investment cost is offset in one year and that means that the investment produces one more Solar Panel for every year onward (assuming that costs and prices do not change) for 24 more years – at least.
My family economic strategy includes the purchase of electric cars. I can now order an electric car for 19,000 dollars and that car is advertised to cost 2 cents per mile, IF, I have to pay for electricity.
If I do not have to pay for electricity because I have invested in the creation of more power, then my fuel cost per mile is zero cents per mile.
Returning to Gary North, the wisest contemporary economist alive today, in my opinion, is his advice – again:
I suggest that you sit down with the family budget and outline what your response would be if the price of gasoline were $10 a gallon or $15 a gallon or $20 a gallon. What would you do? I know what you would do. You would drive less.
Choice A:
Suffer at the hands of people who control the flow of legal tender and oil.
Choice B:
Invest power into the creation of power at home
Why are people stupid despite their age, experience, education, and proven wisdom?
I can’t answer that question. People refuse, absolutely refuse, to see the truth.
Even if a zero percent interest loan were available to qualified buyers so as to own a primary residence and a business property without having to give up twice the value of that good in interest payments, even if that was as easy to do as clicking a few mouse buttons on the web, many people would refuse to do it.
Why?
Why is the truth invisible?
I can’t say. I see it.
I’m asking.
http://gas2.org/2008/07/11/necessity-breeds-electric-car-innovation-on-the-gaza-strip/
The Christian Science Monitor (CSM) has reported on two business partners in Gaza who have converted a 1994 Peugeot 205 into an electric car capable of going 110 miles on a single charge using 34 standard lead-acid car batteries.
After more than a year of being blockaded by the Isreali government, Gazans find themselves facing out-of-sight prices for fuel.
Instead of letting that get the better of them, civil engineers Waseem Khazendar and Fayaz Anan claim to have developed an electric motor that is different than other electric motors and allows for improved efficiency.
What me worry?
http://www.salon.com/opinion/conason/2008/07/11/iran/index.html
Obviously the war lobby within the Republican Party and the Bush White House has lost neither influence nor determination, no matter how wrong its predictions nor how disastrous its policies have proved to be. When John McCain jokes that exporting cigarettes to Iran might be a "way of killing them," he isn't really kidding. Like his warbling of "Bomb bomb Iran" last year, that moronic remark represented a profound judgment that war is the only way to achieve American objectives in the Gulf region.
The problem faced by McCain, Vice President Dick Cheney and their fellow hawks in Washington and Jerusalem is that their reign of error may well be coming to an end -- and that Barack Obama as president may be far more inclined to talk than bomb. The final months of the Bush administration are counting down, while its preferred successor McCain is achieving little electoral traction as his campaign founders. Meanwhile in Israel, the government of Ehud Olmert is sinking under charges of political corruption and military incompetence.
Last edited on Sat Jul 12th, 2008 04:18 pm by Joe Kelley