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Just two to three trolls account for majority of sci.physics troll posts

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  Just two to three trolls account for majority of sci.physics troll posts 7 <7@enemygadgets.com> - 2016-08-06 12:11 +0000
    Re: Just two to three trolls account for majority of sci.physics troll posts The Starmaker <starmaker@ix.netcom.com> - 2016-08-06 10:41 -0700
      Re: Just two to three trolls account for majority of sci.physics troll posts Sergio <invalid@invalid.com> - 2016-08-06 13:43 -0500
      Re: Just two to three trolls account for majority of sci.physics troll posts "reber g=emc^2" <herbertglazier0@gmail.com> - 2016-08-06 12:40 -0700
        Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-06 16:13 -0400
          Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-06 21:33 +0000
            Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-06 19:23 -0400
              Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-06 23:39 +0000
                Re: Just two to three trolls account for majority of sci.physics troll posts Sergio <invalid@invalid.com> - 2016-08-06 19:33 -0500
                  Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-07 01:00 +0000
                Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-08 18:04 -0400
                  Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-08 23:11 +0000
                    Re: Just two to three trolls account for majority of sci.physics troll posts "hanson" <hanson@quick.net> - 2016-08-10 10:24 -0700
                      Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-10 17:13 -0400
                        Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-10 21:43 +0000
                          Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-10 18:30 -0400
                            Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-11 00:16 +0000
                              Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-10 21:49 -0400
                                Re: Just two to three trolls account for majority of sci.physics troll posts jmfbahciv <See.above@aol.com> - 2016-08-11 13:03 +0000
                                Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-11 06:10 +0000
                                  Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-11 17:39 -0400
                                    Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-11 22:14 +0000
                                      Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-11 22:22 -0400
                                        Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-12 03:48 +0000
                                          Re: Just two to three trolls account for majority of sci.physics troll posts "hanson" <hanson@quick.net> - 2016-08-12 10:17 -0700
                                          Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-12 16:02 -0400
                                            Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-12 21:20 +0000
                                              Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-12 19:40 -0400
                                                Re: Just two to three trolls account for majority of sci.physics troll posts Sergio <invalid@invalid.com> - 2016-08-12 18:56 -0500
                                                Re: Just two to three trolls account for majority of sci.physics troll posts "hanson" <hanson@quick.net> - 2016-08-12 17:01 -0700
                                                  Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-12 20:43 -0400
                                                    Re: Just two to three trolls account for majority of sci.physics troll posts "hanson" <hanson@quick.net> - 2016-08-12 18:36 -0700
                                                    Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-13 02:46 +0000
                                                Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-13 00:14 +0000
                                                  Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-12 20:38 -0400
                                                    Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-13 02:47 +0000
                                                      Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-13 19:30 -0400
                                                        Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-14 00:47 +0000
                                                          Re: Just two to three trolls account for majority of sci.physics troll posts benj <benj@nobody.net> - 2016-08-13 21:48 -0400
                                                            Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-14 04:57 +0000
                                                    Re: Just two to three trolls account for majority of sci.physics troll posts jimp@specsol.spam.sux.com - 2016-08-13 17:03 +0000
                            Re: Just two to three trolls account for majority of sci.physics troll posts Sergio <invalid@invalid.com> - 2016-08-10 19:31 -0500
      Re: Just two to three trolls account for majority of sci.physics troll posts 7 <7@enemygadgets.com> - 2016-08-07 20:12 +0000
    Re: Just two to three trolls account for majority of sci.physics troll posts "reber g=emc^2" <herbertglazier0@gmail.com> - 2016-08-06 12:39 -0700
      Re: Just two to three trolls account for majority of sci.physics troll posts "hanson" <hanson@quick.net> - 2016-08-07 08:38 -0700
    Re: Just two to three trolls account for majority of sci.physics troll posts Double-A <double-a3@hush.com> - 2016-08-07 13:50 -0700

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#592068 — Just two to three trolls account for majority of sci.physics troll posts

Just two to three trolls account for majority of sci.physics troll posts
------------------------------------------------------------------------

All these trolls shovelling shiite from the United States.

Why is that?

All these socks of just who exactly from USA?

And what for?

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#592087

7 wrote:
> 
> Just two to three trolls account for majority of sci.physics troll posts
> ------------------------------------------------------------------------
> 
> All these trolls shovelling shiite from the United States.
> 
> Why is that?
> 
> All these socks of just who exactly from USA?
> 
> And what for?

i count 7.

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#592098

On 8/6/2016 12:41 PM, The Starmaker wrote:
> 7 wrote:
>>
>> Just two to three trolls account for majority of sci.physics troll posts
>> ------------------------------------------------------------------------
>>
>> All these trolls shovelling shiite from the United States.
>>
>> Why is that?
>>
>> All these socks of just who exactly from USA?
>>
>> And what for?
>
> i count 7.
>

yep

    7 troll in sci.physics

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#592108

On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
> 7 wrote:
> > 
> > Just two to three trolls account for majority of sci.physics troll posts
> > ------------------------------------------------------------------------
> > 
> > All these trolls shovelling shiite from the United States.
> > 
> > Why is that?
> > 
> > All these socks of just who exactly from USA?
> > 
> > And what for?
> 
> i count 7.

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#592114

On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>> 7 wrote:
>>>
>>> Just two to three trolls account for majority of sci.physics troll posts
>>> ------------------------------------------------------------------------
>>>
>>> All these trolls shovelling shiite from the United States.
>>>
>>> Why is that?
>>>
>>> All these socks of just who exactly from USA?
>>>
>>> And what for?
>>
>> i count 7.

Reber can start by counting himself as #1.

Basically few with any knowledge or education will post here because of 
the paid disruptors. And that is what is desired so that the 
establishment dogma is maintained and any intelligent discussions of 
non-politically correct "forbidden" subjects get ridiculed and hounded 
until they give up. Trolls are pros so they never give up.

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#592128

benj <benj@nobody.net> wrote:
> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>> 7 wrote:
>>>>
>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>> ------------------------------------------------------------------------
>>>>
>>>> All these trolls shovelling shiite from the United States.
>>>>
>>>> Why is that?
>>>>
>>>> All these socks of just who exactly from USA?
>>>>
>>>> And what for?
>>>
>>> i count 7.
> 
> Reber can start by counting himself as #1.
> 
> Basically few with any knowledge or education will post here because of 
> the paid disruptors. And that is what is desired so that the 
> establishment dogma is maintained and any intelligent discussions of 
> non-politically correct "forbidden" subjects get ridiculed and hounded 
> until they give up. Trolls are pros so they never give up.

Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"

-- 
Jim Pennino

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#592145

On 8/6/2016 5:33 PM, jimp@specsol.spam.sux.com wrote:
> benj <benj@nobody.net> wrote:
>> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>>> 7 wrote:
>>>>>
>>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>>> ------------------------------------------------------------------------
>>>>>
>>>>> All these trolls shovelling shiite from the United States.
>>>>>
>>>>> Why is that?
>>>>>
>>>>> All these socks of just who exactly from USA?
>>>>>
>>>>> And what for?
>>>>
>>>> i count 7.
>>
>> Reber can start by counting himself as #1.
>>
>> Basically few with any knowledge or education will post here because of
>> the paid disruptors. And that is what is desired so that the
>> establishment dogma is maintained and any intelligent discussions of
>> non-politically correct "forbidden" subjects get ridiculed and hounded
>> until they give up. Trolls are pros so they never give up.
>
> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"

Hey air-boy, I never said I wasn't one of the 7. I"m just not number 
one, sadly. Still filling your stash with Federal Reserve notes thinking 
you are rich? Too funny.

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#592147

benj <benj@nobody.net> wrote:
> On 8/6/2016 5:33 PM, jimp@specsol.spam.sux.com wrote:
>> benj <benj@nobody.net> wrote:
>>> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>>>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>>>> 7 wrote:
>>>>>>
>>>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>>>> ------------------------------------------------------------------------
>>>>>>
>>>>>> All these trolls shovelling shiite from the United States.
>>>>>>
>>>>>> Why is that?
>>>>>>
>>>>>> All these socks of just who exactly from USA?
>>>>>>
>>>>>> And what for?
>>>>>
>>>>> i count 7.
>>>
>>> Reber can start by counting himself as #1.
>>>
>>> Basically few with any knowledge or education will post here because of
>>> the paid disruptors. And that is what is desired so that the
>>> establishment dogma is maintained and any intelligent discussions of
>>> non-politically correct "forbidden" subjects get ridiculed and hounded
>>> until they give up. Trolls are pros so they never give up.
>>
>> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"
> 
> Hey air-boy, I never said I wasn't one of the 7. I"m just not number 
> one, sadly. Still filling your stash with Federal Reserve notes thinking 
> you are rich? Too funny.
 
I never said you were.

Accumlating cash money is stupid on many levels; have you ever heard of
high yield, no load mutual funds?
 

-- 
Jim Pennino

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#592157

On 8/6/2016 6:39 PM, jimp@specsol.spam.sux.com wrote:
> benj <benj@nobody.net> wrote:
>> On 8/6/2016 5:33 PM, jimp@specsol.spam.sux.com wrote:
>>> benj <benj@nobody.net> wrote:
>>>> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>>>>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>>>>> 7 wrote:
>>>>>>>
>>>>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>>>>> ------------------------------------------------------------------------

>>>>>>> All these trolls shovelling shiite from the United States.
>>>>>>>
>>>>>>> Why is that?
>>>>>>>
>>>>>>> All these socks of just who exactly from USA?
>>>>>>>
>>>>>>> And what for?

>>>>>> i count 7.
>>>>
>>>> Reber can start by counting himself as #1.
>>>>
>>>> Basically few with any knowledge or education will post here because of
>>>> the paid disruptors. And that is what is desired so that the
>>>> establishment dogma is maintained and any intelligent discussions of
>>>> non-politically correct "forbidden" subjects get ridiculed and hounded
>>>> until they give up. Trolls are pros so they never give up.
>>>
>>> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"

>> Hey air-boy, I never said I wasn't one of the 7. I"m just not number
>> one, sadly. Still filling your stash with Federal Reserve notes thinking
>> you are rich? Too funny.
>
> I never said you were.
>
> Accumlating cash money is stupid on many levels; have you ever heard of
> high yield, no load mutual funds?
>
>

think "negitive interest rates"  Japan, Germany, washing ashore in 
Brittian,

think No yield, high load mutual fund.

wish it was funny, but....

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#592159

Sergio <invalid@invalid.com> wrote:
> On 8/6/2016 6:39 PM, jimp@specsol.spam.sux.com wrote:
>> benj <benj@nobody.net> wrote:
>>> On 8/6/2016 5:33 PM, jimp@specsol.spam.sux.com wrote:
>>>> benj <benj@nobody.net> wrote:
>>>>> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>>>>>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>>>>>> 7 wrote:
>>>>>>>>
>>>>>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>>>>>> ------------------------------------------------------------------------
> 
>>>>>>>> All these trolls shovelling shiite from the United States.
>>>>>>>>
>>>>>>>> Why is that?
>>>>>>>>
>>>>>>>> All these socks of just who exactly from USA?
>>>>>>>>
>>>>>>>> And what for?
> 
>>>>>>> i count 7.
>>>>>
>>>>> Reber can start by counting himself as #1.
>>>>>
>>>>> Basically few with any knowledge or education will post here because of
>>>>> the paid disruptors. And that is what is desired so that the
>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>> non-politically correct "forbidden" subjects get ridiculed and hounded
>>>>> until they give up. Trolls are pros so they never give up.
>>>>
>>>> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"
> 
>>> Hey air-boy, I never said I wasn't one of the 7. I"m just not number
>>> one, sadly. Still filling your stash with Federal Reserve notes thinking
>>> you are rich? Too funny.
>>
>> I never said you were.
>>
>> Accumlating cash money is stupid on many levels; have you ever heard of
>> high yield, no load mutual funds?
>>
>>
> 
> think "negitive interest rates"  Japan, Germany, washing ashore in 
> Brittian,
> 
> think No yield, high load mutual fund.
> 
> wish it was funny, but....

Nost of the funds I own have a ROI of well over 20%.


-- 
Jim Pennino

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#592393

On 8/6/2016 7:39 PM, jimp@specsol.spam.sux.com wrote:
> benj <benj@nobody.net> wrote:
>> On 8/6/2016 5:33 PM, jimp@specsol.spam.sux.com wrote:
>>> benj <benj@nobody.net> wrote:
>>>> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>>>>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>>>>> 7 wrote:
>>>>>>>
>>>>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>>>>> ------------------------------------------------------------------------
>>>>>>>
>>>>>>> All these trolls shovelling shiite from the United States.
>>>>>>>
>>>>>>> Why is that?
>>>>>>>
>>>>>>> All these socks of just who exactly from USA?
>>>>>>>
>>>>>>> And what for?
>>>>>>
>>>>>> i count 7.
>>>>
>>>> Reber can start by counting himself as #1.
>>>>
>>>> Basically few with any knowledge or education will post here because of
>>>> the paid disruptors. And that is what is desired so that the
>>>> establishment dogma is maintained and any intelligent discussions of
>>>> non-politically correct "forbidden" subjects get ridiculed and hounded
>>>> until they give up. Trolls are pros so they never give up.
>>>
>>> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"
>>
>> Hey air-boy, I never said I wasn't one of the 7. I"m just not number
>> one, sadly. Still filling your stash with Federal Reserve notes thinking
>> you are rich? Too funny.
>
> I never said you were.
>
> Accumlating cash money is stupid on many levels; have you ever heard of
> high yield, no load mutual funds?

Yes I have and even better, such pieces of paper actually resent real 
physical objects (companies, their assets, trademarks, and other real 
objects of worth...as opposed to cash money which represents ownership 
in hot air and debt.

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#592432

benj <benj@nobody.net> wrote:
> On 8/6/2016 7:39 PM, jimp@specsol.spam.sux.com wrote:
>> benj <benj@nobody.net> wrote:
>>> On 8/6/2016 5:33 PM, jimp@specsol.spam.sux.com wrote:
>>>> benj <benj@nobody.net> wrote:
>>>>> On 8/6/2016 3:40 PM, reber g=emc^2 wrote:
>>>>>> On Saturday, August 6, 2016 at 10:41:29 AM UTC-7, The Starmaker wrote:
>>>>>>> 7 wrote:
>>>>>>>>
>>>>>>>> Just two to three trolls account for majority of sci.physics troll posts
>>>>>>>> ------------------------------------------------------------------------
>>>>>>>>
>>>>>>>> All these trolls shovelling shiite from the United States.
>>>>>>>>
>>>>>>>> Why is that?
>>>>>>>>
>>>>>>>> All these socks of just who exactly from USA?
>>>>>>>>
>>>>>>>> And what for?
>>>>>>>
>>>>>>> i count 7.
>>>>>
>>>>> Reber can start by counting himself as #1.
>>>>>
>>>>> Basically few with any knowledge or education will post here because of
>>>>> the paid disruptors. And that is what is desired so that the
>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>> non-politically correct "forbidden" subjects get ridiculed and hounded
>>>>> until they give up. Trolls are pros so they never give up.
>>>>
>>>> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" subjects"
>>>
>>> Hey air-boy, I never said I wasn't one of the 7. I"m just not number
>>> one, sadly. Still filling your stash with Federal Reserve notes thinking
>>> you are rich? Too funny.
>>
>> I never said you were.
>>
>> Accumlating cash money is stupid on many levels; have you ever heard of
>> high yield, no load mutual funds?
> 
> Yes I have and even better, such pieces of paper actually resent real 
> physical objects (companies, their assets, trademarks, and other real 
> objects of worth...as opposed to cash money which represents ownership 
> in hot air and debt.
 
Cash money represents the collective willingness to exchange it for
goods and services.

Only the ignorant and kooks thing it has to be backed by gold bars in
some vault. 

-- 
Jim Pennino

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#592666

Re: Just two to three trolls account for majority of sci.physics troll 
posts:
>
Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
> benj <benj@nobody.net> wrote:
>> jimp@specsol.spam.sux.com wrote:
>>> benj <benj@nobody.net> wrote:
>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>> benj <benj@nobody.net> wrote:
>
>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>> i count 7.
>>>>>>
>>>>> benj <benj@nobody.net> wrote:
>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>
>>>>>> Basically few with any knowledge or education will post here because 
>>>>>> of
>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>>> non-politically correct "forbidden" subjects get ridiculed and 
>>>>>> hounded
>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>
>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>> Kook babble: "paid disruptors", "establishment dogma", ""forbidden" 
>>>>> subjects"
>>>>
>> benj <benj@nobody.net> wrote:
>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not 
>>>> number
>>>> one, sadly. Still filling your stash with Federal Reserve notes 
>>>> thinking
>>>> you are rich? Too funny.
>>>
>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>> I never said you were.
>>> Accumlating cash money is stupid on many levels; have you ever heard of
>>> high yield, no load mutual funds?
>>
> benj <benj@nobody.net> wrote:
>> Yes I have and even better, such pieces of paper actually resent real
>> physical objects (companies, their assets, trademarks, and other real
>> objects of worth...as opposed to cash money which represents ownership
>> in hot air and debt.
>
Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
> Cash money represents the collective willingness to exchange it for
> goods and services.
> Only the ignorant and kooks thing it has to be backed by gold bars in
> some vault.
>
hanson wrote:
There seem to be different strokes from, for and by different folks.
>
TV-News channels air commercials, every day, where Gold-holding
Companies sell their precious & stable gold to you in exchange for
your worthless paper money that you earn, hold and saved.
>
How do these companies stay in business with all that worthless
paper money in their coffers, while you own & hold their gold? LOL
>
There seem to be different strokes from for and by different folks. 

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#592693

On 8/10/2016 1:24 PM, hanson wrote:
> Re: Just two to three trolls account for majority of sci.physics troll
> posts:
>>
> Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
>> benj <benj@nobody.net> wrote:
>>> jimp@specsol.spam.sux.com wrote:
>>>> benj <benj@nobody.net> wrote:
>>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>> benj <benj@nobody.net> wrote:
>>
>>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>>> i count 7.
>>>>>>>
>>>>>> benj <benj@nobody.net> wrote:
>>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>>
>>>>>>> Basically few with any knowledge or education will post here
>>>>>>> because of
>>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>>>> non-politically correct "forbidden" subjects get ridiculed and
>>>>>>> hounded
>>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>>
>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>> Kook babble: "paid disruptors", "establishment dogma",
>>>>>> ""forbidden" subjects"
>>>>>
>>> benj <benj@nobody.net> wrote:
>>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not
>>>>> number
>>>>> one, sadly. Still filling your stash with Federal Reserve notes
>>>>> thinking
>>>>> you are rich? Too funny.
>>>>
>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>> I never said you were.
>>>> Accumlating cash money is stupid on many levels; have you ever heard of
>>>> high yield, no load mutual funds?
>>>
>> benj <benj@nobody.net> wrote:
>>> Yes I have and even better, such pieces of paper actually resent real
>>> physical objects (companies, their assets, trademarks, and other real
>>> objects of worth...as opposed to cash money which represents ownership
>>> in hot air and debt.
>>
> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>> Cash money represents the collective willingness to exchange it for
>> goods and services.
>> Only the ignorant and kooks thing it has to be backed by gold bars in
>> some vault.
>>
> hanson wrote:
> There seem to be different strokes from, for and by different folks.
>>
> TV-News channels air commercials, every day, where Gold-holding
> Companies sell their precious & stable gold to you in exchange for
> your worthless paper money that you earn, hold and saved.
>>
> How do these companies stay in business with all that worthless
> paper money in their coffers, while you own & hold their gold? LOL

So how do fraudsters and con men (like say Madoff) get all those 
mansions and live such a high life when he really had absolutely nothing 
of value to back it up?  Only the ignorant and kooks actually produce 
products and actual services to become rich. Sell bullshit because it 
has the highest markup.

[toc] | [prev] | [next] | [standalone]

#592696

benj <benj@nobody.net> wrote:
> On 8/10/2016 1:24 PM, hanson wrote:
>> Re: Just two to three trolls account for majority of sci.physics troll
>> posts:
>>>
>> Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
>>> benj <benj@nobody.net> wrote:
>>>> jimp@specsol.spam.sux.com wrote:
>>>>> benj <benj@nobody.net> wrote:
>>>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>> benj <benj@nobody.net> wrote:
>>>
>>>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>>>> i count 7.
>>>>>>>>
>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>>>
>>>>>>>> Basically few with any knowledge or education will post here
>>>>>>>> because of
>>>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>>>>> non-politically correct "forbidden" subjects get ridiculed and
>>>>>>>> hounded
>>>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>>>
>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>> Kook babble: "paid disruptors", "establishment dogma",
>>>>>>> ""forbidden" subjects"
>>>>>>
>>>> benj <benj@nobody.net> wrote:
>>>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not
>>>>>> number
>>>>>> one, sadly. Still filling your stash with Federal Reserve notes
>>>>>> thinking
>>>>>> you are rich? Too funny.
>>>>>
>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>> I never said you were.
>>>>> Accumlating cash money is stupid on many levels; have you ever heard of
>>>>> high yield, no load mutual funds?
>>>>
>>> benj <benj@nobody.net> wrote:
>>>> Yes I have and even better, such pieces of paper actually resent real
>>>> physical objects (companies, their assets, trademarks, and other real
>>>> objects of worth...as opposed to cash money which represents ownership
>>>> in hot air and debt.
>>>
>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>> Cash money represents the collective willingness to exchange it for
>>> goods and services.
>>> Only the ignorant and kooks thing it has to be backed by gold bars in
>>> some vault.
>>>
>> hanson wrote:
>> There seem to be different strokes from, for and by different folks.
>>>
>> TV-News channels air commercials, every day, where Gold-holding
>> Companies sell their precious & stable gold to you in exchange for
>> your worthless paper money that you earn, hold and saved.
>>>
>> How do these companies stay in business with all that worthless
>> paper money in their coffers, while you own & hold their gold? LOL
> 
> So how do fraudsters and con men (like say Madoff) get all those 
> mansions and live such a high life when he really had absolutely nothing 
> of value to back it up? 

He sold, for that cash you call worthless, stock and other equities that
didn't actually exist.



-- 
Jim Pennino

[toc] | [prev] | [next] | [standalone]

#592697

On 8/10/2016 5:43 PM, jimp@specsol.spam.sux.com wrote:
> benj <benj@nobody.net> wrote:
>> On 8/10/2016 1:24 PM, hanson wrote:
>>> Re: Just two to three trolls account for majority of sci.physics troll
>>> posts:
>>>>
>>> Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
>>>> benj <benj@nobody.net> wrote:
>>>>> jimp@specsol.spam.sux.com wrote:
>>>>>> benj <benj@nobody.net> wrote:
>>>>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>> benj <benj@nobody.net> wrote:
>>>>
>>>>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>>>>> i count 7.
>>>>>>>>>
>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>>>>
>>>>>>>>> Basically few with any knowledge or education will post here
>>>>>>>>> because of
>>>>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>>>>>> non-politically correct "forbidden" subjects get ridiculed and
>>>>>>>>> hounded
>>>>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>>>>
>>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>> Kook babble: "paid disruptors", "establishment dogma",
>>>>>>>> ""forbidden" subjects"
>>>>>>>
>>>>> benj <benj@nobody.net> wrote:
>>>>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not
>>>>>>> number
>>>>>>> one, sadly. Still filling your stash with Federal Reserve notes
>>>>>>> thinking
>>>>>>> you are rich? Too funny.
>>>>>>
>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>> I never said you were.
>>>>>> Accumlating cash money is stupid on many levels; have you ever heard of
>>>>>> high yield, no load mutual funds?
>>>>>
>>>> benj <benj@nobody.net> wrote:
>>>>> Yes I have and even better, such pieces of paper actually resent real
>>>>> physical objects (companies, their assets, trademarks, and other real
>>>>> objects of worth...as opposed to cash money which represents ownership
>>>>> in hot air and debt.
>>>>
>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>> Cash money represents the collective willingness to exchange it for
>>>> goods and services.
>>>> Only the ignorant and kooks thing it has to be backed by gold bars in
>>>> some vault.
>>>>
>>> hanson wrote:
>>> There seem to be different strokes from, for and by different folks.
>>>>
>>> TV-News channels air commercials, every day, where Gold-holding
>>> Companies sell their precious & stable gold to you in exchange for
>>> your worthless paper money that you earn, hold and saved.
>>>>
>>> How do these companies stay in business with all that worthless
>>> paper money in their coffers, while you own & hold their gold? LOL
>>
>> So how do fraudsters and con men (like say Madoff) get all those
>> mansions and live such a high life when he really had absolutely nothing
>> of value to back it up?
>
> He sold, for that cash you call worthless, stock and other equities that
> didn't actually exist.

So obviously things that have zero intrinsic worth like cash and 
imaginary stocks actually are able to give you massive real wealth 
(money is not wealth, it is the opposite of wealth).

So the secret of the money system is never getting caught?

[toc] | [prev] | [next] | [standalone]

#592712

benj <benj@nobody.net> wrote:
> On 8/10/2016 5:43 PM, jimp@specsol.spam.sux.com wrote:
>> benj <benj@nobody.net> wrote:
>>> On 8/10/2016 1:24 PM, hanson wrote:
>>>> Re: Just two to three trolls account for majority of sci.physics troll
>>>> posts:
>>>>>
>>>> Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
>>>>> benj <benj@nobody.net> wrote:
>>>>>> jimp@specsol.spam.sux.com wrote:
>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>
>>>>>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>>>>>> i count 7.
>>>>>>>>>>
>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>>>>>
>>>>>>>>>> Basically few with any knowledge or education will post here
>>>>>>>>>> because of
>>>>>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>>>>>>> non-politically correct "forbidden" subjects get ridiculed and
>>>>>>>>>> hounded
>>>>>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>>>>>
>>>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>> Kook babble: "paid disruptors", "establishment dogma",
>>>>>>>>> ""forbidden" subjects"
>>>>>>>>
>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not
>>>>>>>> number
>>>>>>>> one, sadly. Still filling your stash with Federal Reserve notes
>>>>>>>> thinking
>>>>>>>> you are rich? Too funny.
>>>>>>>
>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>> I never said you were.
>>>>>>> Accumlating cash money is stupid on many levels; have you ever heard of
>>>>>>> high yield, no load mutual funds?
>>>>>>
>>>>> benj <benj@nobody.net> wrote:
>>>>>> Yes I have and even better, such pieces of paper actually resent real
>>>>>> physical objects (companies, their assets, trademarks, and other real
>>>>>> objects of worth...as opposed to cash money which represents ownership
>>>>>> in hot air and debt.
>>>>>
>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>> Cash money represents the collective willingness to exchange it for
>>>>> goods and services.
>>>>> Only the ignorant and kooks thing it has to be backed by gold bars in
>>>>> some vault.
>>>>>
>>>> hanson wrote:
>>>> There seem to be different strokes from, for and by different folks.
>>>>>
>>>> TV-News channels air commercials, every day, where Gold-holding
>>>> Companies sell their precious & stable gold to you in exchange for
>>>> your worthless paper money that you earn, hold and saved.
>>>>>
>>>> How do these companies stay in business with all that worthless
>>>> paper money in their coffers, while you own & hold their gold? LOL
>>>
>>> So how do fraudsters and con men (like say Madoff) get all those
>>> mansions and live such a high life when he really had absolutely nothing
>>> of value to back it up?
>>
>> He sold, for that cash you call worthless, stock and other equities that
>> didn't actually exist.
> 
> So obviously things that have zero intrinsic worth like cash and 
> imaginary stocks actually are able to give you massive real wealth 
> (money is not wealth, it is the opposite of wealth).
> 
> So the secret of the money system is never getting caught?

No, kook, that is NOT how it is at all.

How a legitimate broker works: Investors give their cash, which you call
worthless, to the broker who then uses all the investor's money to buy
and sell, hopefully at a profit, investment instruments such as stocks,
bonds, futures, contracts, etc. The broker sends the investors a regular
statement of their investments current worth.

How Madoff did it: Investors gave Madoff their cash, which you call
worthless, and then Madoff just tucked the money away without doing
anything with it. He then sent regular phoney statements showing the
investment was returning far more then any current legitimate investment.
This induced his suckers to tell everyone they knew what a great broker
Madoff was and resulted in lots more suckers. If someone wanted to get
the regular profits, Madoff sent them the money out of all the money
he had squirreled away. Since Madoff made no investments and their were
no profits, the only source of cash was new investors. Eventually the
whole thing came tumbling down when he was unable to pay anyone off.

This is called a Ponzi scheme and has absouletly nothing to do with the
quaint archaic idea that money has to be backed by metal bars in a vault.


-- 
Jim Pennino

[toc] | [prev] | [next] | [standalone]

#592724

On 8/10/2016 8:16 PM, jimp@specsol.spam.sux.com wrote:
> benj <benj@nobody.net> wrote:
>> On 8/10/2016 5:43 PM, jimp@specsol.spam.sux.com wrote:
>>> benj <benj@nobody.net> wrote:
>>>> On 8/10/2016 1:24 PM, hanson wrote:
>>>>> Re: Just two to three trolls account for majority of sci.physics troll
>>>>> posts:
>>>>>>
>>>>> Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
>>>>>> benj <benj@nobody.net> wrote:
>>>>>>> jimp@specsol.spam.sux.com wrote:
>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>
>>>>>>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>>>>>>> i count 7.
>>>>>>>>>>>
>>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>>>>>>
>>>>>>>>>>> Basically few with any knowledge or education will post here
>>>>>>>>>>> because of
>>>>>>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>>>>>>> establishment dogma is maintained and any intelligent discussions of
>>>>>>>>>>> non-politically correct "forbidden" subjects get ridiculed and
>>>>>>>>>>> hounded
>>>>>>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>>>>>>
>>>>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>>> Kook babble: "paid disruptors", "establishment dogma",
>>>>>>>>>> ""forbidden" subjects"
>>>>>>>>>
>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not
>>>>>>>>> number
>>>>>>>>> one, sadly. Still filling your stash with Federal Reserve notes
>>>>>>>>> thinking
>>>>>>>>> you are rich? Too funny.
>>>>>>>>
>>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>> I never said you were.
>>>>>>>> Accumlating cash money is stupid on many levels; have you ever heard of
>>>>>>>> high yield, no load mutual funds?
>>>>>>>
>>>>>> benj <benj@nobody.net> wrote:
>>>>>>> Yes I have and even better, such pieces of paper actually resent real
>>>>>>> physical objects (companies, their assets, trademarks, and other real
>>>>>>> objects of worth...as opposed to cash money which represents ownership
>>>>>>> in hot air and debt.
>>>>>>
>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>> Cash money represents the collective willingness to exchange it for
>>>>>> goods and services.
>>>>>> Only the ignorant and kooks thing it has to be backed by gold bars in
>>>>>> some vault.
>>>>>>
>>>>> hanson wrote:
>>>>> There seem to be different strokes from, for and by different folks.
>>>>>>
>>>>> TV-News channels air commercials, every day, where Gold-holding
>>>>> Companies sell their precious & stable gold to you in exchange for
>>>>> your worthless paper money that you earn, hold and saved.
>>>>>>
>>>>> How do these companies stay in business with all that worthless
>>>>> paper money in their coffers, while you own & hold their gold? LOL
>>>>
>>>> So how do fraudsters and con men (like say Madoff) get all those
>>>> mansions and live such a high life when he really had absolutely nothing
>>>> of value to back it up?
>>>
>>> He sold, for that cash you call worthless, stock and other equities that
>>> didn't actually exist.
>>
>> So obviously things that have zero intrinsic worth like cash and
>> imaginary stocks actually are able to give you massive real wealth
>> (money is not wealth, it is the opposite of wealth).
>>
>> So the secret of the money system is never getting caught?
>
> No, kook, that is NOT how it is at all.
>
> How a legitimate broker works: Investors give their cash, which you call
> worthless, to the broker who then uses all the investor's money to buy
> and sell, hopefully at a profit, investment instruments such as stocks,
> bonds, futures, contracts, etc. The broker sends the investors a regular
> statement of their investments current worth.
>
> How Madoff did it: Investors gave Madoff their cash, which you call
> worthless, and then Madoff just tucked the money away without doing
> anything with it. He then sent regular phoney statements showing the
> investment was returning far more then any current legitimate investment.
> This induced his suckers to tell everyone they knew what a great broker
> Madoff was and resulted in lots more suckers. If someone wanted to get
> the regular profits, Madoff sent them the money out of all the money
> he had squirreled away. Since Madoff made no investments and their were
> no profits, the only source of cash was new investors. Eventually the
> whole thing came tumbling down when he was unable to pay anyone off.
>
> This is called a Ponzi scheme and has absouletly nothing to do with the
> quaint archaic idea that money has to be backed by metal bars in a vault.

So you can't see that the money scheme is identical to the Madoff scheme 
except for the "tumbling down" part. That will come later. So you are 
totally willing to trade actual things you own of value for some pieces 
of paper backed only by the "faith and credit of those printing them? 
If you want to see what that "faith and credit" is worth go find and old 
silver certificate and try to get the issuer to redeem it in silver just 
as it says on that piece of paper. Prepare to be disappointed in how 
honest and trustworthy those people are. I mean we all agree that the 
idea of actually paying debts is "archaic" right?

[toc] | [prev] | [next] | [standalone]

#592753

benj wrote:
> On 8/10/2016 8:16 PM, jimp@specsol.spam.sux.com wrote:
>> benj <benj@nobody.net> wrote:
>>> On 8/10/2016 5:43 PM, jimp@specsol.spam.sux.com wrote:
>>>> benj <benj@nobody.net> wrote:
>>>>> On 8/10/2016 1:24 PM, hanson wrote:
>>>>>> Re: Just two to three trolls account for majority of sci.physics troll
>>>>>> posts:
>>>>>>>
>>>>>> Aviation Consultant <jimp@specsol.spam.sux.com> wrote :
>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>> jimp@specsol.spam.sux.com wrote:
>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>>> Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>
>>>>>>>>>>>> Full Swine Glazier reber g=emc^2, the Cretin wrote:
>>>>>>>>>>>>>> i count 7.
>>>>>>>>>>>>
>>>>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>>>>> The Full Swine Reber Glazier can start by counting himself as #1.
>>>>>>>>>>>>
>>>>>>>>>>>> Basically few with any knowledge or education will post here
>>>>>>>>>>>> because of
>>>>>>>>>>>> the paid disruptors. And that is what is desired so that the
>>>>>>>>>>>> establishment dogma is maintained and any intelligent discussions
of
>>>>>>>>>>>> non-politically correct "forbidden" subjects get ridiculed and
>>>>>>>>>>>> hounded
>>>>>>>>>>>> until they give up. Trolls are pros so they never give up.
>>>>>>>>>>>
>>>>>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>>>> Kook babble: "paid disruptors", "establishment dogma",
>>>>>>>>>>> ""forbidden" subjects"
>>>>>>>>>>
>>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>>>> Hey air-boy, JP, I never said I wasn't one of the 7. I"m just not
>>>>>>>>>> number
>>>>>>>>>> one, sadly. Still filling your stash with Federal Reserve notes
>>>>>>>>>> thinking
>>>>>>>>>> you are rich? Too funny.
>>>>>>>>>
>>>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>>>> I never said you were.
>>>>>>>>> Accumlating cash money is stupid on many levels; have you ever heard
of
>>>>>>>>> high yield, no load mutual funds?
>>>>>>>>
>>>>>>> benj <benj@nobody.net> wrote:
>>>>>>>> Yes I have and even better, such pieces of paper actually resent real
>>>>>>>> physical objects (companies, their assets, trademarks, and other real
>>>>>>>> objects of worth...as opposed to cash money which represents
ownership
>>>>>>>> in hot air and debt.
>>>>>>>
>>>>>> Aviation Consultant Jim Pennino , jimp@specsol.spam.sux.com wrote:
>>>>>>> Cash money represents the collective willingness to exchange it for
>>>>>>> goods and services.
>>>>>>> Only the ignorant and kooks thing it has to be backed by gold bars in
>>>>>>> some vault.
>>>>>>>
>>>>>> hanson wrote:
>>>>>> There seem to be different strokes from, for and by different folks.
>>>>>>>
>>>>>> TV-News channels air commercials, every day, where Gold-holding
>>>>>> Companies sell their precious & stable gold to you in exchange for
>>>>>> your worthless paper money that you earn, hold and saved.
>>>>>>>
>>>>>> How do these companies stay in business with all that worthless
>>>>>> paper money in their coffers, while you own & hold their gold? LOL
>>>>>
>>>>> So how do fraudsters and con men (like say Madoff) get all those
>>>>> mansions and live such a high life when he really had absolutely nothing
>>>>> of value to back it up?
>>>>
>>>> He sold, for that cash you call worthless, stock and other equities that
>>>> didn't actually exist.
>>>
>>> So obviously things that have zero intrinsic worth like cash and
>>> imaginary stocks actually are able to give you massive real wealth
>>> (money is not wealth, it is the opposite of wealth).
>>>
>>> So the secret of the money system is never getting caught?
>>
>> No, kook, that is NOT how it is at all.
>>
>> How a legitimate broker works: Investors give their cash, which you call
>> worthless, to the broker who then uses all the investor's money to buy
>> and sell, hopefully at a profit, investment instruments such as stocks,
>> bonds, futures, contracts, etc. The broker sends the investors a regular
>> statement of their investments current worth.
>>
>> How Madoff did it: Investors gave Madoff their cash, which you call
>> worthless, and then Madoff just tucked the money away without doing
>> anything with it. He then sent regular phoney statements showing the
>> investment was returning far more then any current legitimate investment.
>> This induced his suckers to tell everyone they knew what a great broker
>> Madoff was and resulted in lots more suckers. If someone wanted to get
>> the regular profits, Madoff sent them the money out of all the money
>> he had squirreled away. Since Madoff made no investments and their were
>> no profits, the only source of cash was new investors. Eventually the
>> whole thing came tumbling down when he was unable to pay anyone off.
>>
>> This is called a Ponzi scheme and has absouletly nothing to do with the
>> quaint archaic idea that money has to be backed by metal bars in a vault.
>
> So you can't see that the money scheme is identical to the Madoff scheme
> except for the "tumbling down" part. That will come later. So you are
> totally willing to trade actual things you own of value for some pieces
> of paper backed only by the "faith and credit of those printing them?
> If you want to see what that "faith and credit" is worth go find and old
> silver certificate and try to get the issuer to redeem it in silver just
> as it says on that piece of paper. Prepare to be disappointed in how
> honest and trustworthy those people are. I mean we all agree that the
> idea of actually paying debts is "archaic" right?

Why do you think money was invented?  I have a product which you want.
How are you going to convince me to give it to you?

/BAH

[toc] | [prev] | [next] | [standalone]

#592755

benj <benj@nobody.net> wrote:

<snip>

> So you can't see that the money scheme is identical to the Madoff scheme 
> except for the "tumbling down" part. That will come later. So you are 
> totally willing to trade actual things you own of value for some pieces 
> of paper backed only by the "faith and credit of those printing them?

I can't remember the last time I sold something for cash.

Your economic thinking seems to be stuck in the late 19th Century.

Again, the value of money is based on what it can be exchanged for, not
whether or not there are bars of metal in some vault.

> If you want to see what that "faith and credit" is worth go find and old 
> silver certificate and try to get the issuer to redeem it in silver just 
> as it says on that piece of paper. Prepare to be disappointed in how 
> honest and trustworthy those people are. I mean we all agree that the 
> idea of actually paying debts is "archaic" right?

Why in the world would I want a lump of silver?

What in the world would I do with a lump of silver other than to sell
it to a metals dealer who would charge a transaction fee?

 

-- 
Jim Pennino

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