The very thing that makes gold priceless, figuratively speaking, is that which makes it useless, functionally speaking. All the gold mined in world history couldn’t run this economy until supper time tonight.

The Cross of Gold and of other hard money.
~~
Dear Bernie:
~~
 
Any mutually agreed means of commercial exchange is real money.
~~
A large number of the men in my family were gold bugs who were saying largely the same things you now say in the 1950’s.
I was surrounded by gold bugs..and that, in the 2 decades between the death of Frank and the death of Jack…the most magnificent, golden, period in the history of mankind.  Mankind.
To me, real money is anything mutually agreed that facilitates commerce..tulip bulbs, colored rocks, sheep, goats, virgin slave girls……anything.
~~
 
As far as I know, I can, right now, go down the street and get a sandwich and a cup of coffee and give the girl a sawbuck and tell her to keep what change there is coming back…about $2,50
Vector Clipart of an Old Fashioned Retro Black and White Woman Pouring Her Husband Coffee
 
When the sky falls in and it may do, what are you going to do with your gold?  This is the question I can never seem to get an answer to.  Are you going to give a $10 gold piece to this same waitress for this same meal?  She wouldn’t know what it was, her boss, if he were intelligent, would very quickly, give you $2,50 in fiat paper and you would have robbed yourself for a sandwich and a cup of coffee.
Knott's Chicken Dinner Waitress Illustration from vintage Knott's menu, circa 1952.
How does one survive in a gold coin economy?  One doesn’t.  Other than repeatedly converting gold into the fiat of the day, how do you intend to transact business?  How can commerce be facilitated if there is no gold to facilitate it with?
~~
Most people don’t have any gold.
~~
 The very thing that makes gold priceless, figuratively speaking, is that which makes it useless, functionally speaking.  All the gold mined in world history couldn’t run this economy until supper time tonight.
~~
 
Most unpleasant of all is the consideration that when the sky falls in it wont be difficult for thieves to sort out who has gold, where they stash it and how to steal it.
~~
 
To my mind, we are stuck.  The monetary unit of the nation is what is mutually agreed..no one here can dispute that you can, right now, go to any store you like and buy whatever they are selling with US paper dollars..there’s no debate…moreover, there simply is no mechanism to conduct commerce any other way, in addition to credit instruments which are derivative of US paper dollars…except perhaps with a gun…the cashier girls don’t even know what gold coins look like and would not accept them as payment.
~~
 
Why?  Gold is not the mutually agreed form of commercial exchange.  Maligned though She may be, the American paper dollar is money..real money..in fact the only hard money in American circulation.
~~
 
Jack
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

November 2003 event 012

  • The rich man ought not be taxed at all~~he ought be compelled to employ and train the poor man~~directly~~personally.
  • image002 (20)
  • ~~
    The principal need in America today is~~financial and industrial De-Globalization~~to facilitate the promotion of the possibility for the average man to get and keep a good job with good benefits paid by the employer~~as was done not very long ago.~~
     clip_image002MA9982782-0001
     

     

    ~~Bene Nati, Bene Vestiti, Et Mediocriter Docti~~
    ~

    ~~La crema y nata~~

    ~

    ~~Artista de la conquista~

     

     
     
     
    ~~In sunshine and in shadow~~I hold tight to the Republican view of time and money~~I write night and day~~yet~~while impecunious~~I am vastly overpaid~~in that taking pay to do what I love is unfair~~to my employer~~in a fair system~~under such circumstances~~I should pay him~~not he me~~I am far, far too old a man to be sexually confused~~praise Jesus~~but I am yet young enough to be politically confused~~is anyone not~~in an absolute sense~~I am a Catholic Royalist~~in a practical sense~~I am a Classical Liberal~~a Gaullist~~a Bonapartist~~an American Nationalist  Republican~~in either sense~~my head is soon for the chopping block~~to hasten my interlude with Madame La Guillotine~~I write without fear~and without favor of~any man~~ 
    ~~
     
    Finis Origine Pendet…
     
     
    The escape commences…
     
    ~~
     
    September, 1957
     
    ~~
     
    Saint Jane Frances de Chantal Catholic parochial school, called, by anyone of any background, simply: “Chan~al,” a place where, of an autumn day in 1957, school,  for me,  began and ended in the first convening of the first grade in which a tiny nun, one Sister Dom Bosco, appeared before me, just behind the window appearing at far left of this photograph, and piped out this: “I may be small, but so then, is the Atom Bomb.”
    ~~
    My determination to escape school commenced immediately on hearing about this Atom Bomb business and took 16 dicey and arduous years to finally accomplish.~~
     
    ~~
     
    Non Sibi
     
     
    The escape continues…
     
     
    ~~
     
    September, 1966
     
    ~~
     
    The Cathedral Latin School
     
    ~~
     
     
    Finis Origine Pendet~
     
     
      ~~Κύριε ἐλέησον~~

    Rejoice and Glad!!

    Amen~~

     

    CUA_Cardinal_2008

    ~The Original Angry Bird~~The Catholic University of America Screaming Red Cardinal Mascot~~

     

     

    clip_image002MA9982782-0001
    ~~EX LIBRIS~~
     
    ~~THEOS EK MĒCHANĒS~~

    Quadragesima, Wednesday, 25th February, Anno Domini Nostri Iesu Christi, 2015

    
    Website: http://johndanielbegg.wordpress.com

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     http://www.tumblr.com/blog/theoldsoldiershome1952

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    http://independent.academia.edu/johnbegg/Papers?s=nav#add

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    Tweets: @jtdbegg

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    "Jean-Marie Le Pen is a friend. He is dangerous for the political set because he's the only one who's sincere. He says out loud what many people think deep down, and what the politicians refrain from saying because they are either too demagogic or too chicken. Le Pen, with all his faults and qualities, is probably the only one who thinks about the interests of France before his own."~~
    French actor~~Alain Delon

    CONCEPT OF THE CATHOLIC AND ROYAL ARMY OF AMERICA (CRAA)
    The Catholic University of America
    Logo of The Catholic University of America.svg
    Seal of The Catholic University of America

    Motto~~Deus Lux Mea Est~~

    Acta Est Fabula

    The escape concludes…

    ~~

    The Catholic University Of America, Washington, District of Columbia.

    ~~

    1976, Anno Domini Nostri Iesu Christi.

    ~~

     

    Acta Est Fabula.

    ~~

    Deus Vult.

    Image

    ~~Our Ubiquitous Presence~~

    The Queen~~

    Our Ruler now 63 years on~~

    Simply the best President we could ever hope to have~~

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