At the Gas Pump.

hls > wrote:
>"Brent" > wrote in message
>> It was used as money because it
>>
>> a) takes labor to find and extract from the earth.
>> b) does not corrode.
>> c) can be easily divided.
>> d) is rare enough that small amounts have a useful value.
>>
>> There have been many things used for money but gold fills that role time
>> and time again because of material properties and relative scarcity.
>
>Okay, I'll throw you a bone...Why are not diamonds used as the basis of
>currency?

When I was a kid, they sometimes were. Very convenient way to move funds
from one place to another.
--scott
--
"C'est un Nagra. C'est suisse, et tres, tres precis."

On Tue, 19 Apr 2011 10:21:17 -0500, jim <"sjedgingN0Sp"@m@mwt,net> wrote:


>> >> > > wrote:
>> >> >> On Mon, 18 Apr 2011 19:27:43 -0500, cuhulin wrote:
>> >> >>
>> >> >>> Mention the Usurper's name and listen to people start cussing him
>> >> >>> out. cuhulin
>> >> >>
>> >> >>
>> >> >> Not around here. It's still Bush's fault.

He was definitely a later part of the problem. But the problem of BIG oil goes back a lot further.
As of the present time much of the Federal and States legislators are in the pockets, big time, of
Big oil, so they are not inclined to stop or in any way hinder the Hedge fund speculators or any
other rules or regulation which might affect their funding. The speculation was opened up by the
legislature one late night in the late 1990's when the commodities exchange rules were amended to
remove the requirement that a percentage of all purchases must accept delivery on all critical
commodities which included oil, steel, silver etc. Until we get BIG MONEY out of our government
there will not be any change, and believe me most all politicians are heavily involved across all
parties.

>> >> >
>> >> > Who's fault is it... well Bush and Obama are the front men, the public
>> >> > face, that is for sure. But they aren't the only ones at fault. Their
>> >> > wars have a lot to do with it, but so does the interventionist foreign
>> >> > policy that goes way back... so pretty much every president since and
>> >> > including TR is reponsible for that. Oil specifically at least since
>> >> > Ike. Much of the foreign policy comes out of places such as the CFR,
>> >> > as admitted (finally) by Hillary Clinton.
>> >> >
>> >> > But there is another factor... the ever declining dollar thanks to the
>> >> > federal reserve and the deficit running federal government. As of
>> >> > close today, a 1964, 90% silver quarter, with no collector value is
>> >> > worth $7.85 silver melt. Gasoline at $4.099/gal, is 13 cents a gallon
>> >> > in real money. Real money being the constitutionally defined dollar as
>> >> > a weight of silver.
>> >>
>> >> I wish we HAD real money again...
>> >
>> > If you had real money you might be able to
>> > get a job at $.01/hr - if your lucky
>>
>> That's OK, because bread would be $.02 a loaf...and gas $.17...
>
>You are in the minority - at least in Western countries.
>Most people don't want to have to work
>for 2 hours to buy a loaf of bread
>and 1.3 hours to buy a gallon of gas.
>
>In third world countries the majority
>would benefit from that price/wage structure.
*****************
Thank You


To reply to this email please remove the AT
after the kgs in the reply to address as shown above.

Whenever a conservative utters the term
"Common Sense approach"...
grab your wallet, your ass, and your girls,
because the sombitch is about to do something
damned nasty to all three of them.

On 2011-04-20, hls > wrote:
>
> "Brent" > wrote in message
> ...
>> It was used as money because it
>>
>> a) takes labor to find and extract from the earth.
>> b) does not corrode.
>> c) can be easily divided.
>> d) is rare enough that small amounts have a useful value.
>>
>> There have been many things used for money but gold fills that role time
>> and time again because of material properties and relative scarcity.
>
> Okay, I'll throw you a bone...Why are not diamonds used as the basis of
> currency?

You can't easily divide diamonds and dividing a diamond destroys
some of its value. If diamond is damaged it loses value, gold does not.
Gold collector coins would, but 1oz of gold is still 1oz gold. Diamonds
aren't particularly fungible either with each having its own unique
coloring, flaws, etc. gold is gold. You need to have a good deal
of knowledge to know if one diamond is worth more than another. You put
gold on scale or simply read what is imprinted on it (provided that it
is from a legitimate source) There are also simple tests for purity if
you aren't dealing in coins minted by a reliable source.

"Brent" > wrote in message
...
> On 2011-04-20, hls > wrote:
>>
>> "Brent" > wrote in message
>> ...
>>> It was used as money because it
>>>
>>> a) takes labor to find and extract from the earth.
>>> b) does not corrode.
>>> c) can be easily divided.
>>> d) is rare enough that small amounts have a useful value.
>>>
>>> There have been many things used for money but gold fills that role time
>>> and time again because of material properties and relative scarcity.
>>
>> Okay, I'll throw you a bone...Why are not diamonds used as the basis of
>> currency?
>
> You can't easily divide diamonds and dividing a diamond destroys
> some of its value. If diamond is damaged it loses value, gold does not.
> Gold collector coins would, but 1oz of gold is still 1oz gold. Diamonds
> aren't particularly fungible either with each having its own unique
> coloring, flaws, etc. gold is gold. You need to have a good deal
> of knowledge to know if one diamond is worth more than another. You put
> gold on scale or simply read what is imprinted on it (provided that it
> is from a legitimate source) There are also simple tests for purity if
> you aren't dealing in coins minted by a reliable source.
>

Actually, they are used as currency in some special senses. A friend of
mine
used to sell "investment" diamonds in Argentina. They were only investments
in the sense that Scott used...accumulate your wealth via investment, hard
work, and a little black market currency dealing, and put the diamonds in
your shirt pocket and run with them.

There is one other thing that you didnt mention. Diamonds are not widely
and evenly distributed in nature. The USA has only one blue clay pipe that
I know of. We were much better gifted with gold and oil.

KG wrote:

> Until we get BIG MONEY out of our government
> there will not be any change, and believe me
> most all politicians are heavily involved across all
> parties.
>

So what's new?
Did you think that everyone in colonial America
lived in houses with names like
Montpellier, Mount Vernon, Monticello etc?

The USA has always been a plutocracy.

Politicians are actors hired to perform
politicians that don't understand that
don't last long

> wrote in message
...
> Mention the Usurper's name and listen to people start cussing him out.
> cuhulin

News today confirmed that there is NO petroleum shortage in the USA
at this time, nor in fact in the world.

We have a surplus.

The only reason that gasoline is this high is that speculators are toying
with
the market.

Only way I know to screw them is
to walk, ride a bike, car pool, etc. Dont give these slumdogs even the
smell
of a bone.

On 2011-04-20, hls > wrote:
>
> "Brent" > wrote in message
> ...
>> On 2011-04-20, hls > wrote:
>>>
>>> "Brent" > wrote in message
>>> ...
>>>> It was used as money because it
>>>>
>>>> a) takes labor to find and extract from the earth.
>>>> b) does not corrode.
>>>> c) can be easily divided.
>>>> d) is rare enough that small amounts have a useful value.
>>>>
>>>> There have been many things used for money but gold fills that role time
>>>> and time again because of material properties and relative scarcity.
>>>
>>> Okay, I'll throw you a bone...Why are not diamonds used as the basis of
>>> currency?
>>
>> You can't easily divide diamonds and dividing a diamond destroys
>> some of its value. If diamond is damaged it loses value, gold does not.
>> Gold collector coins would, but 1oz of gold is still 1oz gold. Diamonds
>> aren't particularly fungible either with each having its own unique
>> coloring, flaws, etc. gold is gold. You need to have a good deal
>> of knowledge to know if one diamond is worth more than another. You put
>> gold on scale or simply read what is imprinted on it (provided that it
>> is from a legitimate source) There are also simple tests for purity if
>> you aren't dealing in coins minted by a reliable source.
>>
>
> Actually, they are used as currency in some special senses.

Just about everything is. I believed the question to be one of why gold
was chosen more often than diamonds. Diamonds have a number of the
properties that are good for a free market arrived at money, but not as
many as gold.

On 2011-04-20, hls > wrote:
>
> wrote in message
> ...
>> Mention the Usurper's name and listen to people start cussing him out.
>> cuhulin
>
> News today confirmed that there is NO petroleum shortage in the USA
> at this time, nor in fact in the world.
>
> We have a surplus.

There is more oil available today than when it started running out about
120 years ago or more.

> The only reason that gasoline is this high is that speculators are toying
> with the market.

I would like to know how speculators are responsible for the US federal
government meddling in the affairs of oil producing nations
causing/adding instablity? Also how are they responsible for the various
regulations that effectively restrict oil production in the USA?

Now they are often responsible for the financial and trading regulations
that allow them to manipulate markets, but that's a different facet of
the question.

On Wed, 20 Apr 2011 15:25:50 -0500, hls wrote:

>
> > wrote in message
> ...
>> Mention the Usurper's name and listen to people start cussing him out.
>> cuhulin
>
> News today confirmed that there is NO petroleum shortage in the USA at
> this time, nor in fact in the world.
>
> We have a surplus.

Yeah...OPEC is cutting production because of a glut on the market...


>
> The only reason that gasoline is this high is that speculators are toying
> with
> the market.
>
> Only way I know to screw them is
> to walk, ride a bike, car pool, etc. Dont give these slumdogs even the
> smell
> of a bone.

Gas? If I had any more Gas, I would be richer than that Opec! ~ Smokey
and the Bandit II.
cuhulin