Quote of the day 15th March 2014
"The value of a currency is ultimately what someone will give you for it: whether in food, juel, assets or labour"
(James Surowiecki)
(James Surowiecki)
Nick Herbert on his visit to flood hit areas of Cumbria
Please note that the post below was published more than ten year ago on 21st November 2009 Nick Herbert MP, shadow cabinet member for the Environment, Food, and Rural Affairs, was in Cumbria this morning to see the areas affected by the flooding. He writes on Conservative Home about his visit. Here is an extract. I’ve been in Cumbria today to see the areas affected by the floods. I arrived early in Keswick where I met officials from the Environment Agency. Although the river levels had fallen considerably and homes were no longer flooded, the damage to homes had been done. And the water which had got into houses wasn’t just from the river – it was foul water which had risen from the drains. I talked to fire crews who were pumping flood water back into the river, and discovered that they were from Tyne & Wear and Lancashire. They had been called in at an hours’ notice and had been working on the scene ever since, staying at a local hotel. You cannot fail to be impressed by the...
Comments
People are waking up to things, more humans are aware they paid off their mortgage the second they took it out, they don't own their own home or car even though they paid for it in full, money is a scam and no human is subject to any statute without consent.
Humans are subject to law only. That is common law.
Only "persons" (coperations) are subject to legislation.
You could call that semantics again all you like, though the difference between law and legislation is anything but. Like I say more and more people are smelling that nice coffee. In the end every fraudster got caught usually because they got too greedy and ran out of road to kick the can. Governments and banks are not much different in that respect.
People started looking into this for different reasons for some poll tax was the trigger, others the threat of losing their homes at some point, for me it was the bank bail outs and utter dis regard towards the people with the EU. Still it's not really important as to why more and more are waking up. What matters is the fact they are.ir
But it has been a mistake which it sometimes seems each generation must make, to assume that some form of paper, be it south sea company shares or dot com stocks, has some intangible value above that of the assets, or likely future income stream, attached to it.
In the short term such a belief may cause the price to rise but if this begins to accelerate to any degree the result is always a painful crash.