Why Rõn Páûl will Never Be Elected

[weltschmerz]

Btw for full disclosure most of my ice time was in the Penalty Box just in case you were wondering about that factiod.
----------------------
That's OK. One of my good friends is Gord Donnelly, who racked up 2,069 penalty minutes.

[weltschmerz]

My lake house is very close to Tremblant. It's beautiful up there.

[reformeddaytrader]

I had someone at the Boston Garden toss an orange at me so I caught it and ate it in the Penalty Box

[Deleted]

Because he looks like an old disheveled professor. I work in academia...they can be endearing, slightly eccentric, and completely loveable. But...I hope that is not my fate.

At 76, he is 20 years past his Presidential prime time.

I do respect the man. I'm not sure about the gold standard...maybe the coffee standard, or the tulip bulb standard. Whatever is scarce and people attribute artificial value to. That should do the trick.

[handyman2]

RDT I always suspected you had a mean streak in ya.

[Virgil Showlion]

Whatever is scarce and people attribute artificial value to.

I have posted this elsewhere, but it bears reminding people.

Gold:

• can only be produced at a (relatively small) finite rate, guaranteed
• is infinitely divisible
• is near-infinitely durable (i.e. does not "degrade" rapidly or in irreversible ways)
• is value-dense, both in $/oz. and $/cu. in., allowing for easy storage and transport
• can be easily tested for purity, and has simple deterministic value (unlike diamonds, where subjective factors such as clarity, colour, cut, impurities, etc. can vastly affect value)
• is universally valued by man
• has worked successfully as a currency for thousands of years
• can be kept anywhere, in any (reasonable) conditions, by any owner

In short, it is the perfect currency.

No commodity on earth besides the elemental precious metals meets even half of these criteria. Several non-commodities, such as US dollars (read: bits in a bank's computer), meet all the criteria except for the first and the second last, and are still proving to be too open to abuse to be viable currencies.

Simply put: gold is golden.

[EVT1]

And gold is inherintly worthless- I vote for Krystal burgers as the new currency. No matter how much things go south they will count for something long after gold.

Think about the worst case- I am not going to give you shit for gold- no steaks, no bullets, no gas, no anything- same for diamonds or other rare near- useless junk. If the shit ever hits the fan big time the wealthy are going to find out just how much a digital bank balance or portfolio matters in the state of nature. Fun, yes?

[ungenteel]

He should run as a third party candidate .. socialcon repubs will throw up over him and corporate toadie repubs will hold him at arms length ... he does have strong support and should run a s a third party to make a substantive statement

[Deleted]

Nov 30, 2011 20:40:54 GMT -5 Virgil Showlion said:

Whatever is scarce and people attribute artificial value to.

I have posted this elsewhere, but it bears reminding people.

Gold:

• can only be produced at a (relatively small) finite rate, guaranteed
• is infinitely divisible
• is near-infinitely durable (i.e. does not "degrade" rapidly or in irreversible ways)
• is value-dense, both in $/oz. and $/cu. in., allowing for easy storage and transport
• can be easily tested for purity, and has simple deterministic value (unlike diamonds, where subjective factors such as clarity, colour, cut, impurities, etc. can vastly affect value)
• is universally valued by man
• has worked successfully as a currency for thousands of years
• can be kept anywhere, in any (reasonable) conditions, by any owner

In short, it is the perfect currency.

No commodity on earth besides the elemental precious metals meets even half of these criteria. Several non-commodities, such as US dollars (read: bits in a bank's computer), meet all the criteria except for the first and the second last, and are still proving to be too open to abuse to be viable currencies.

Simply put: gold is golden.

Sorry Virgil, but that is deluded nonsense.

Do you want our currency to be pegged at whatever the Russians, South Africans and Canadians can pull out of the ground, how efficiently they can do it and how judiciously or recklessly they flood the market with it.

Gold is just a metal. It astounds me why people value it as they do...and diamonds. Don't get me started.

Let's go out in the middle of the Sahara, I will give you a bag full of diamonds, I will take bread, water, cheese and well, some wine. Good luck.

[formerexpat]

He also warned about Iraq in 2002 Safeharbor and was against invading Kuwait in 1991 ...but for some reason Ron Paul has never been too effective in congress with his views and opinions or had much support from his colleagues in congress..

You've never seen the big sign outside of Congress that says common sense not welcome?

And Ron Paul will be 77 in 2013 that is a bit long in the tooth for the Presidency and he looks and acts @87 IMHO..

Of course Paul did challenge Perry to a 20 mile bike ride in Houston in August. How old is Buffett?

Oh come on. The US goes down the tubes, Canada loses 85% of its export market and 65% of its suppliers, and we're going to shake it off?

And 100% of it's defense...and defence too.

[Virgil Showlion]

evt1 and Robert: you're both clearly talking about situations when any currency would be worthless. A total meltdown where a barter system was the only means of exchange.

I won't deny that such conditions could exist in the future, but they clearly aren't conditions where international trade exists.

[Don Perignon]

Nov 30, 2011 20:40:54 GMT -5 Virgil Showlion said:

Whatever is scarce and people attribute artificial value to.

I have posted this elsewhere, but it bears reminding people.

Gold:

• can only be produced at a (relatively small) finite rate, guaranteed
• is infinitely divisible
• is near-infinitely durable (i.e. does not "degrade" rapidly or in irreversible ways)
• is value-dense, both in $/oz. and $/cu. in., allowing for easy storage and transport
• can be easily tested for purity, and has simple deterministic value (unlike diamonds, where subjective factors such as clarity, colour, cut, impurities, etc. can vastly affect value)
• is universally valued by man
• has worked successfully as a currency for thousands of years
• can be kept anywhere, in any (reasonable) conditions, by any owner

In short, it is the perfect currency.

No commodity on earth besides the elemental precious metals meets even half of these criteria. Several non-commodities, such as US dollars (read: bits in a bank's computer), meet all the criteria except for the first and the second last, and are still proving to be too open to abuse to be viable currencies.

Simply put: gold is golden.

It reads like a vignette that was cut from the final edit of Dickens' A Christmas Carol.
Perhaps from that scene at the beginning, where the two gentlemen come into Scrooge & Marley's soliciting donations for the poor...

[floridayankee]

Nov 30, 2011 16:42:22 GMT -5 Virgil Showlion said:

why the hell do you care? you have no skin in the game.

Oh come on. The US goes down the tubes, Canada loses 85% of its export market and 65% of its suppliers, and we're going to shake it off?

If the US goes down, North America goes down with it. No ifs, ands, or buts. Goodbye North America.

Canada? North America? Hell, we damned near took down the world!!

[floridayankee]

Nov 30, 2011 19:05:24 GMT -5 weltschmerz said:

You should come up for this.

Every year since 2000, the Montreal High Lights Festival, or Festival Montréal en Lumière, lights up the city around the dreariest part of February.

I know I'll pass. The heaviest jacket I own is a leather jacket for riding on chilly 43 degree mornings like today.

Move this to July/August and I might consider it!

[reformeddaytrader]

Trump: Huntsman and Paul are 'joke candidates'

The mogul said if the right GOP nominee doesn't emerge, he'll jump in as an independent





Donald Trump has once again said that if Republican primary voters can't pick a candidate he believes will beat President Obama, he'll run for president himself.



today.msnbc.msn.com/id/45551313/ns/today-books/

[SweetVirginia]

Nov 30, 2011 15:20:28 GMT -5 @lonewolf said:

I don't care what anyone thinks. I decided to vote for Paul months ago.

If given the opportunity, I would vote for Ron Paul with out any doubts.

[Phoenix84]

"Canada? North America? Hell, we damned near took down the world!!"

I was thinking the same thing. If America goes down the tubes so does the world.