From: Gary S. Gevisser
Sent:
To:
Cc: rest;
Subject: RE: chocolATE
So
now you have a beef with my Motorola “phatso” [sic] cell phone to mention little
of just getting back from one incredible meal with 2 rather special women and JoNathan.
Given
all the light forces along with my
limit of 1.5 glasses of great Pinoir wine please help best explain at least
some of the following events over at Ill Fornia on Coronado Island where the
Navy SEALs train.
I
made the observation as Danielle drove the 4 of us in the “Dotson” [sic] Pathfinder
over Coronado bridge heading west of the signs for potential suicides to call a
hotline line and the connecting dots that are obvious to most independent thinkers made up mostly of kids
who haven’t turned into “dik-s” [sic] when one looked as far as the eye could
see, weapons of war necessary to cull the human population when man interferes
with G-D-NAture?
Conversation
at dinner then progressed to discussing stuff like homosexuality part of the DNA or “environment” something that weakens over time due to inbreeding,
“taking hold” after conception, our polluted DNA eventually working itself out
by “replicating faithfully” were it not for man
intervening with this godly doctor, “Preservation of LONG life and limb”
for the rich only increasingly fearful and lazy but expert
politicians at most of all trickling down the costs on to the backs of the poor and downtrodden while made up mostly
of the masses in the 3rd world breeding like rabbits and dying like
flies, helping prop up our house of cards, there are increasing
numbers of even our LWWE kids such as Danielle and JoNathan getting up to Light-G-D-Speed
with dinner type conversations such as this, topped off by Marie making the
observation of the connecting dots between all this “political interference”
and the warnings of Alan Greenspan back in 1966, going back
that most brilliant essay of his from 1966:
It
was limited gold reserves that stopped the unbalanced expansions of business
activity, before they could develop into the post-World War I type of disaster.
The readjustment periods were short and the economies quickly re-established a
sound basis to resume expansion.
But
the process of cure was misdiagnosed as the disease: if shortage of bank
reserves was causing a business decline - argued economic interventionists -
why not find a way of supplying increased reserves to the banks so they never
need be short! If banks can continue to loan money indefinitely - it was
claimed - there need never be any slumps in business. And so the Federal
Reserve System was organized in 1913. It consisted of 12 regional Federal
Reserve banks nominally owned by private bankers, but, in fact, government
sponsored, controlled and supported. Credit extended by these banks is in
practice (though not
legally)
backed by the taxing power of the federal government.
Technically,
we remained on the gold standard; individuals were still free to own gold, and
gold continued to be used as bank reserves. But now, in addition to gold,
credit extended by the Federal Reserve banks ("paper" reserves) could
serve as legal tender to pay depositors. When business in the
More
disastrous, however, was the Federal Reserve's attempt to assist Great Britain,
who had been losing gold to us because the Bank of England refused to allow
interest rates to rise when market forces dictated (it was politically
unpalatable). The reasoning of the authorities involved was as follows: If the
Federal Reserve pumped excessive paper reserves into American banks, interest
rates in the
The
"Fed" succeeded: it stopped the gold loss, but it nearly destroyed
the economies of the world in the process. The excess credit which the Fed
pumped into the economy spilled over into the stock market - triggering a
fantastic speculative boom. Belatedly, Federal Reserve officials attempted to
sop up the excess reserves and finally succeeded in braking
the boom. But it was too late: By 1929 the speculative imbalances had become so
overwhelming that the attempt precipitated a sharp retrenching and a consequent
demoralizing of business confidence.
As a
result, the American economy collapsed.
In
the absence of the gold standard, there is no way to protect savings from
confiscation through inflation. There is no safe store of value. If there were,
the government would have to make its holding illegal, as was done in the case
of gold.
If
everyone decided, for example, to convert all his bank deposits to silver or
copper or any other good, and thereafter declined to accept checks as payment
for goods, bank deposits would lose their purchasing power and
government-created bank credit would be worthless as a claim on goods. The
financial policy of the welfare state requires that there be no way for the
owners of wealth to protect themselves.
This
is the shabby secret of the welfare statists’ tirades against gold. Deficit
spending is simply a scheme for the "hidden" confiscation of wealth.
Gold stands in the way of this insidious process. It stands as a protector of
property rights. If one grasps this, one has no difficulty in understanding the
statists’ antagonism toward the gold standard.
Regards,
Also
interesting in anyone else’s observations.
G-d
willing you will join us for dinner tomorrow, the kids back at school on
Tuesday.
GG
[Word
count 1016]
-----Original Message-----
From:
Sent:
To: Gary S. Gevisser
Subject: Re:
I have it and will leave the Motorola fatso and
some double chocolate dream cookie at the tree
house in the morning when I hit the beach. If no one will be there,
instruct me otherwise.
----- Original Message -----
From: Gary S. Gevisser
To: John
Pollard
Sent:
Did I possibly drop
my cell phone in the back of your car?
