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carl_p_r2

09/19/03 10:00 AM

#152844 RE: lee kramer #152819

Actually his post pointed out the source. Anyway, so it isn't appropriate now? Then why did the quote cause to to reflect on the current situation with discomfort? Either what he says is right or wrong, and if right, perhaps it is time independant, or even presient.

Carl


tommy trojan

09/19/03 11:20 AM

#152917 RE: lee kramer #152819

lee*ot ayn rand

just in case you are not aware of it,AG spent a lot of time with ayn rand & her "disciples" decades ago. Never read her books though..

regards
tommy

dvdmogul

09/20/03 8:38 AM

#153153 RE: lee kramer #152819

Lee, Atlas Shrugged was never made into a movie. You might be thinking of The Fountainhead which was a movie starring Gary Cooper.

The excerpt of the speech on Money is a classic, but as offered it losses its value, fed res posted only that which his spin wanted to promote.

Gold cannot be considered in the same light as it was in the 30's. Just as Greenspan said in his piece excerpted "you cant cheat Supply and Demand" Gold is unsuitable for its proported role as a backer of currency. There simply is not enough Supply, and any return to a gold standard would increase the degree of hegemony of the few over the many.

On the other hand Gold has its own supply demand metrics; and it is currently in Surplus relative to those metrics.

Too many here dont have the discipline to seperate the issues; being content to latch onto a parsed phrase and adding their own context.....too bad, so much potential is lost this way.