If this is true, the whole economic system is KABOOM for good, page 2


Pages: <<  1    2    3    4    5  >>
ATS Members have flagged this thread 85 times


reply posted on 21-10-2010 @ 07:44 AM by butcherguy
reply to post by Asktheanimals





Welcome to the New World Order


Right on.

Now we have reports of people in flyover country spotting Predator drones in the air, not at the Mexican border where they need to be, but flying over someones farm in Kentucky. I wouldn't be surprised if some 'S' is about to 'HTF' and TPTB are getting ready to put the hammer down on us serfs.


reply posted on 21-10-2010 @ 08:40 AM by -PLB-
reply to post by butcherguy



Gold or other metals only have a "true" intrinsic value in a technologically developed society. The only other intrinsic value of gold is jewelry, an unnecessary luxury product that nobody cares about in situation you need to survive. In the past, gold was nothing more than a method to represent value. It is just as virtual as money is today. Money is just a bit more practical.


reply posted on 21-10-2010 @ 09:21 AM by butcherguy
Originally posted by -PLB-
reply to
post by butcherguy



Gold or other metals only have a "true" intrinsic value in a technologically developed society. The only other intrinsic value of gold is jewelry, an unnecessary luxury product that nobody cares about in situation you need to survive. In the past, gold was nothing more than a method to represent value. It is just as virtual as money is today. Money is just a bit more practical.
Wealth is all about luxury.
Have you ever seen some of the everyday items that the Incas made out of gold? It was so plentiful in their society that they placed a higher value on cacao beans(a foodstuff). The Egyptians made mirrors and combs out of gold, I guess because it seems to hold up better fishbones and beats looking at your reflection in a water puddle.

You are telling me that an easily worked, low melting point,non-tarnishing metal has NO value in a society that is not technologically developed??
edit on 21-10-2010 by butcherguy because: (no reason given)



reply posted on 21-10-2010 @ 10:30 AM by thedoctorswife
reply to post by Millions

Yes im with Millions on this, would someone be kind enough to explain in simple terms what this is all about.


reply posted on 21-10-2010 @ 11:07 AM by bunnysinnocence
reply to post by Vitchilo

I worked as a paralegal in bankruptcy law for years on both the debtor and creditor side, and it is absolutely FULL of fraud, as one might imagine. On the creditor side, our biggest client was Bank of America, and they were constantly, and I mean CONSTANTLY trying to commit fraud. Fortunately, I worked directly under a lawyer who was committed to carrying out foreclosures legally and would not tolerate missing documents, fraudulent documents, or anything else illegal or half-assed that BOA tried to get away with. On a daily basis they would provide incomplete or totally F-ed up payment histories (they had an internal policy of misapplying customers' mortgage payments on purpose in order to foreclose on properties that were BEING PAID FOR!). Also, on a daily basis, they would provide incorrect copies of the Note and Deed of Trust (i.e. they could not prove that the property actually belonged to the Bank, or the documents would not be signed copies, etc.) or they would try to get away with foreclosure without providing the Note AT ALL. I ended up quitting this job because my greedy bosses were forcing me to work 65 hours a week and I felt they were permitting and engaging in illegal and immoral practices. I do respect the lawyer I worked under because she was committed to - GASP! - actually carrying out the law. The mortgage industry and bankruptcy industry are just huge nightmares. I don't know how we're going to get out of this one, but one thing is certain (and I'm sure all you ATSers know this already!) - the banks engage knowingly in illegal and fraudulent behavior CONSTANTLY. Best wishes to all my fellow homeowners out there!!
Pages: <<  1    2    3    4    5  >>    ^^TOP^^



How US Dollar Collapsed - Inside Job
  Posted 2 days ago with 65 member flags
Debt Free at Last!
  Posted 2 days ago with 20 member flags
Get Your Money Out of Morgan Stanley—Fast!
  Posted 15 days ago with 13 member flags
This Is Why We Are In This Mess!!
  Posted 15 days ago with 10 member flags