GOLD: Demonstrating the eternal value of commodity money

http://news.bbc.co.uk/2/hi/middle_east/7797977.stm

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An amateur British archaeologist has discovered almost 300 gold coins dating from the 7th Century at a dig just outside Jerusalem’s Old City.

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Wonder how much a paper IOU from the then Byzantine Emperor Heraclius would be worth today?

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RANT: A superb refutation of “liberalism”

http://www.americanthinker.com/2008/12/the_conservative_elevator_stor.html

December 27, 2008
The Conservative Elevator Story
By Christopher Chantrill

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Good question, Bob. In America today, conservatives believe, government is cruel, corrupt, unjust; and it just costs too much. And we conservatives just can’t stand there and do nothing.

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Liberals created this monster, Bob. Liberals believe that compulsory government programs are the way to help the poor and comfort the afflicted. But they are wrong. Government is not compassion. Government is force. You cannot solve social problems by force.

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Conservatives believe in society not as social force but as social cooperation. That’s why we must reform the welfare state into the welfare society. In the welfare society the American people, not liberal experts, will be in charge of their health care, their children’s education, the comfort of the afflicted, and the decent provision of pensions.

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With conservative reforms America will truly become that shining city on a hill, “still a beacon, still a magnet for all who must have freedom.”

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A superb “elevator speech” as to why we need liberty!

Strange how originally the “conservatives” wish to preserve the French and English Kings and the “liberals” wanted to empower the “sovereign individual”.

NOW, we have the perversion that the “liberals” want to empower the government and the “conservatives” want to empower the individual.

AND, the Democrats and Republicans are two sides of the same coin — power to the government.

How far we have fallen from the ideals of the DOWGs!

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