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Message
by Mixmaster 17 Dec '03

17 Dec '03

-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 Steve Schear wrote: >Nerthus wrote: >>Might be a bit of a stretch, but I think this is because money today is >>inherently a liability, that is a debt that someone, somewhere has promised >>to pay back. > >You've got this all backwards. The bearer certificates (paper money) issued >by governments is an interest-free loan by those holding the paper to the >issuer. This is true, but it is only part of the picture. The paper currency issuer (the central bank) is enjoying seigniorage, that is -- in the case of the US - -- the Federal Reserve is collecting revenue from the interest earned on the outstanding paper dollars. This earned interest is given to the Treasury and accounted for as revenue for the federal government. However, this tells us nothing about the currency's real worth. We need to look deeper to find the source of the paper currency's value. When the US government wants to create money, it issues debt instruments such as T-Bills to the Fed or to a commercial bank. The bank then credits the government's deposit (checking) account for the face value of the T-Bill. The bank believes it will collect this money back plus interest in a certain amount of time. The government can then ask the Fed to issue some paper cash in exchange for the deposit currency (new paper is then created). The T-Bill is nothing but a promise by the federal government to pay back a debt. The government has taken a loan from a bank and promises to pay it back in 1,5,10 or 30 years with interest. The money to pay it back comes directly from the tax revenues the government collects from its citizens. Thus paper currency is based on the debt saddled upon future generations of citizens/taxpayers. Interestingly, this is not much different than John Q. Public getting cash advances on his credits cards for a few years and then wondering why he is $25k in the hole and growing at 18% per annum. Many people, especially politicians, always go for the short term gain, regardless of the long term consequences. Debt-based currency (primarily a 20th century phenomenon) has ushered in a new era of political and financial irresponsibility. Eventually the debts must either be reneged on or paid off. When that time finally comes, neither option will paint a pretty picture. Nerthus -----BEGIN PGP SIGNATURE----- Version: PGP for Personal Privacy 5.0 Charset: noconv iQA/AwUBNIxg7Ra1d3zm4nqOEQJnnwCfaOLKaiCiYuqUJRSVBLc1Q6aZ4VIAoNJY EdB96VwVlxlcI9u3Glnwjf1y =vMJq -----END PGP SIGNATURE-----

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Time Magazine: "No Privacy on the Web" (6/2/97)
by Declan McCullagh 17 Dec '03

17 Dec '03

******** >Date: Wed, 28 May 1997 16:17:17 -0400 >To: fight-censorship-announce(a)vorlon.mit.edu >From: Declan McCullagh <declan(a)well.com> >Subject: FC: Time Magazine: "No Privacy on the Web" (6/2/97) >Sender: owner-fight-censorship-announce(a)vorlon.mit.edu >Reply-To: declan(a)well.com >X-FC-URL: Fight-Censorship is at http://www.eff.org/~declan/fc/ > >In this week's Time Magazine (p64-65), you'll find a privacy story that >Noah and I worked on: > >http://www.pathfinder.com/time/magazine/1997/dom/970602/technology.no_priva… >n >.html > >Then there's the sidebar with our report on how much info we were able to >dig up on Sen. Dianne Feinstein (D-CA), who has introduced legislation that >would slow the spread of Social Security Numbers. Yes, we found her SSN, >unlisted phone number, and home address, but we had to pay for some of it: > >http://www.pathfinder.com/time/magazine/1997/dom/970602/technology.my_wek.h… > >-Declan > > > >-------------------------------------------------------------------------- >This list is public. To join fight-censorship-announce, send >"subscribe fight-censorship-announce" to majordomo(a)vorlon.mit.edu. >More information is at http://www.eff.org/~declan/fc/ >

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Re: LOSE MONEY FAST!!
by Blanc 17 Dec '03

17 Dec '03

Gosh, this sounds a lot like Detweiler: lots of EXCLAMATIONS and vague, circulating references to unrecognizeable entities, full of recriminating psychological accusations intended to elicit a sense of underlying guilt for some kind of immoral attitude. Think he'd make a good lawyer. .. Blanc

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(no subject)
by mbm 17 Dec '03

17 Dec '03

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Pleeease help!
by Rui Guedes 17 Dec '03

17 Dec '03

I am living in Portugal and use a PowerMacintosh. Is there any way of using the wonderful Mixmaster mail system or any other safe method? Thanks in advance, Rui Guedes

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SSZ status
by Jim Choate 17 Dec '03

17 Dec '03

Hi, SSZ seems to be stable since the power was restored where my ISP was located. There should be no further service interruptions expected. Jim Choate CyberTects ravage(a)ssz.com

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motherboards with multiple CPUs
by lucifer＠dhp.com 17 Dec '03

17 Dec '03

I am looking for a place to purchase a motherboard with several cpu slots and a lot of memory. does any one know where one can find a good deal?

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MIDI files galore and much, much more!!
by PROKILL＠axp.cmpu.net 17 Dec '03

17 Dec '03

You'll just love it. Click on it now, don't wait, bookmark it and keep checking it out for great deals to come. "http://www.angelfire.com/ky/PROKILL/index.html" Please forgive me for this e-mail, but I felt I just had to let more people know about this great web page. This page has many wonderful and exciting things on it. More will be added daily! Bookmark it! Roach Exterminator Kills Waterbugs, Silverfish, and Ants. Where they travel and in their nests. Is an oderless white powder. This formula was proven to be 100% effective against Cockroaches and Waterbugs by the University of California over 30 years ago. Supplied in 4 oz. containers, enough to treat several average houses. The sprays all really useless when compared to this product. The ULTIMATE goal is to eliminate roaches completely, but sprays just don't kill the cockroaches' eggs. Follow use and safety instructions supplied with products. Total cost is only $2.05 plus $2.95 for shipping and handling. For each order, send $5.00 to: PRO-KILL 79 Rose Marie Drive Elizabethtown, KY 42701 Online Ordering is available at: "http://www.angelfire.com/ky/PROKILL/index.html" GURANTEED to work!! Guranteed to love the webpage! The new web page at "http://www.prokill.com/" will be great. It is not working yet. We are making a deal to also have CD-ROMs (not XXX) for sale. Send us email at: "mailto:roachkill@prokill.com" The web page has some net MIDIs. To get off this list send email to remove(a)prokill.com. Thankyou, very much for your time and may GOD bless you.

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Los Angeles Police Department Web Site Hacked
by se7en 17 Dec '03

17 Dec '03

It was hacked late last night at http://www.lapd.org I have it mirrored at http://www.dis.org/se7en se7en

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pathology
by Secret Squirrel 17 Dec '03

17 Dec '03

This was taken from the Alameda County District Attorney's Office publication "The Point of View": In a murder trial, the defense attorney was cross examining a pathologist. Here's what happened: ATTORNEY: Before you signed the death certificate, had you taken the pulse? CORONER: No. ATTORNEY: Did you listen to the heart? CORONER: No. ATTORNEY: Did you check for breathing? CORONER: No. ATTORNEY: So, when you signed the death certificate, you weren't sure the man was dead, were you? CORONER: Well, let me put it this way. The man's brain was sitting in a jar on my desk. But I guess it's possible he could be out there practicing law somewhere.

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