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[Leslie <cayadopi AT yahoo.com>]

>From the oil perspective.
 
He who makes the most oil rules.  They can also rule/determine what currency 
they will accept.
 
They've been accepting dollars.  And probably were foolish in reinvesting 
them back into dollar based assets (i.e. Citi, treasuries, etc.).
 
Maybe what will trigger a middle east war will be an attempt to switch away 
from dollars....
 
and then maybe we would have to insert - he who makes the most guns/nukes.... 
rules.
 
 
 
 


--- On Tue, 12/9/08, bob ford <bobford79 AT yahoo.com> wrote:

From: bob ford <bobford79 AT yahoo.com>
Subject: Re: [Homestead] Go ld -- feel free to ignore
To: cayadopi AT yahoo.com, homestead AT lists.ibiblio.org
Date: Tuesday, December 9, 2008, 11:46 AM

There are a couple of old , cliched 'sayings', leslie

1)  If you owe the bank, ten thousand dollars and can not pay, you have a
problem; but if you owe the bank $10,000,000.00 and can not pay, 'the
bank' has the problem.  

In other words.  If you are going to be in debt, don't be a slouch about
it.  And, as a nation, we are no slouches.  We owe more, as a nation, than can
ever realistically be expected to be paid back.


2)  He who has the gold makes the rules.  'Just substitute " the most
guns," or "the most nuclear weapons" for "gold"


-------------------------------------------------------------------------


--- On Tue, 12/9/08, Leslie <cayadopi AT yahoo.com> wrote:

> From: Leslie <cayadopi AT yahoo.com>
> Subject: Re: [Homestead] Go ld  -- feel free to ignore
> To: homestead AT lists.ibiblio.org
> Date: Tuesday, December 9, 2008, 9:37 AM
> Worldwide demand has been increasing, even though US demand
> is decreasing and will likely continue to decrease for the
> reasons you cite.
>  
> Sutained future decreased worldwide demand will depend on
> the length and depth of a depression and the ability of
> individual nations to recover.  Here in the US, the
> majority of citizens really don't have savings. It makes
> it hard to recover as a nation when savings wealth has been
> and is being destroyed.  Other nations in the rest of the
> world are not in the same predicament, and should come thru
> rough times stronger and in a position to bull ahead and
> continue consuming oil.  If so, oil prices rising again
> will just make it harder for US citizens to pay for it.   
>  
>  
>  
>  
>  
> 
> 
> --- On Tue, 12/9/08, william Eggers




>From Bunjov AT aol.com  Tue Dec  9 12:29:44 2008
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Ha! I just asked the same question of the list a moment ago - it's obvious
that great minds think alike!
Sandy
Mid-Mojave


In a message dated 12/9/2008 9:18:44 A.M. Pacific Standard Time,
lisakvperry AT gmail.com writes:

Anyone  heard from Don recently?

I haven't read every post, perhaps I missed  something that said he was going
to be off the list while he  travelled.

lkvp
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