FUN: Why do girls …

Saturday, October 27, 2012

Out while being a dirty old man, a very young lady came and sat next to me. Maybe 12-14 years old. Before she sat down, she pulled up her jeans. No belt. Obviously, the pants sag as she walk. Not a hefty enough figure to hold them up. (Hey, it’s physics!)

So what’s wrong with wearing a belt or suspenders?

Just asking.

I never see Taylor Swift pull at her trou or dress. (She has people for that!)

Sigh!

Too old and too practical.

Gals, that tug and wiggle ain’t kool,

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GOLD: Fort Knox; a national joke on the taxpayers

Saturday, October 27, 2012

http://www.bloomberg.com/news/2012-10-16/fort-knox-an-impregnable-monument-to-security-theater.html

Fort Knox, an Impregnable Monument to Security Theater
By Michael O’Malley Oct 16, 2012 1:04 PM ET

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President Franklin D. Roosevelt used a similar trick when he authorized the construction of the U.S. Bullion Depository at Fort Knox, Kentucky.

Roosevelt took the U.S. off the domestic gold standard in 1934. Although the nation remained on the standard in international exchange, the Gold Reserve Act made it illegal for private citizens to hold “monetary gold” — that is, coins or bullion. Banks had to transfer to the U.S. government any title to gold reserves they held, in return for dollars. Individuals could still own gold jewelry and keep their gold dental fillings, but anyone owning monetary gold had to sell it to the government.
Psychic Compensation

In speeches explaining the change, Roosevelt paradoxically stressed the importance of gold reserves.“By making clear that we are establishing permanent metallic reserves in the possession and ownership of the federal government,” he told Congress in 1934, “we can organize a currency system which is both sound and adequate.” But the U.S. already had “metallic reserves” — the act had actually eliminated that gold’s legal function.

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So what’s in there? And, who owns it?

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