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Forum: Financial 07-16-2015, 09:59 AM
Replies: 37
Views: 28,931
Posted By doc
Gold reserves mean nothing. Gold has no intrinsic...

Gold reserves mean nothing. Gold has no intrinsic value. It is merely an arbitrarily agreed upon medium of exchange. If we go broke, who will we "sell" our gold to? What will they use to pay for it?...
Forum: Financial 07-06-2015, 11:57 AM
Replies: 37
Views: 28,931
Posted By doc
Even tho I hate govt intervention in our lives,...

Even tho I hate govt intervention in our lives, we've got to face reality: most people don't have the sense of responsibility to do what it takes unless forced to. Under the current system, a...
Forum: Financial 07-05-2015, 02:14 PM
Replies: 37
Views: 28,931
Posted By doc
One would think that Congress is elected to SOLVE...

One would think that Congress is elected to SOLVE problems, but once elected they conspire to CREATE problems to ensure their re-election.

I've said this here before: after making allowances for...
Forum: Financial 07-03-2015, 04:44 AM
Replies: 37
Views: 28,931
Posted By doc
Raising retirement age in US: Great idea! Keep...

Raising retirement age in US: Great idea! Keep older folks with the better paying jobs working longer so young people have a harder time trying to get a job or to advance. I think 65 give or take a...
Forum: Financial 07-02-2015, 09:52 AM
Replies: 37
Views: 28,931
Posted By doc
A couple points to consider: -Unemployment...

A couple points to consider:

-Unemployment among younger Greeks is around 50%; Greek retirement age is 55. Who's paying into the system and how long are retirees receiving benefits? A 10y/o can do...
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