Gotta love the sense of humor at HW, I think they see the irony
This warning is provided to comply with California's Proposition 65
product labeling law. Each and every product sold by Highland Hardware,
DBA Highland Woodworking, may contain chemicals known to the state of
California to cause cancer, birth defects or other reproductive harm.
Highland Hardware, DBA Highland Woodworking provides this warning based
on its knowledge concerning the possible presence of one or more such
chemicals, without attempting to evaluate the level of exposure.
In addition see ,
http://www.highlandwoodworking.com/california-warning.aspx
made me laugh
It made me believe that reading that warning might cause me to get
cancer... But only in Cali... :-)
What a state.
On 5/21/2012 2:04 AM, ChairMan wrote:
> Gotta love the sense of humor at HW, I think they see the irony
>
> This warning is provided to comply with California's Proposition 65
> product labeling law. Each and every product sold by Highland Hardware,
> DBA Highland Woodworking, may contain chemicals known to the state of
> California to cause cancer, birth defects or other reproductive harm.
> Highland Hardware, DBA Highland Woodworking provides this warning based
> on its knowledge concerning the possible presence of one or more such
> chemicals, without attempting to evaluate the level of exposure.
>
>
> In addition see ,
> http://www.highlandwoodworking.com/california-warning.aspx
>
> made me laugh
>
>
On Wed, 23 May 2012 08:24:52 -0500, Swingman wrote:
> On 5/22/2012 11:00 AM, Scott Lurndal wrote:
>
>> [*] Feel free to look up the definition of the word bankrupt.
>
> The term "bankrupt" has undergone the same corruption as the term
> "minority", thanks to blurring of distinctions by our legal system.
>
> "When plunder becomes a way of life for a group of men in a society,
> over a course of time they create for themselves a legal system that
> authorizes it and a moral code that glorifies it."
>
> Frédéric Bastiat, Economic Sophisms [1845]
>
> For all practical purposes you are bankrupt when you can't repay your
> creditors. To maintain otherwise is to be morally bankrupt yourself.
There is no moral difference in this:
http://media.al.com/spotnews/other/Jefferson%20County%20Bankruptcy%20Filing%2011.9.2011.pdf
(the bankruptcy filing for Jefferson county, al)
and California, only a paper difference.
Both caused by corrupt self serving politians, Alabam would be better off
if Jefferson county were cored out of the middle and discarded.
basilisk
On Tue, 22 May 2012 22:04:01 -0400, Ed Pawlowski <[email protected]> wrote:
>On Tue, 22 May 2012 07:01:45 -0500, Leon <lcb11211@swbelldotnet>
>wrote:
>
>
>>
>>Lets not forget Jimmy Carter, the peanut farmer that introduced us to
>>trillion dollar debt!
>
>My memory of his is a bit more affectionate, like 15% (and more)
>interest rates.
I particularly liked his gas crises and disavowment of nuclear energy.
Whadda maroon!
--
When a quiet man is moved to passion, it seems the very earth will shake.
-- Stephanie Barron
(Something for the Powers That Be to remember, eh?)
"Swingman" <[email protected]> wrote in message
news:[email protected]...
> On 5/21/2012 9:06 AM, tiredofspam wrote:
>> It made me believe that reading that warning might cause me to get
>> cancer... But only in Cali... :-)
>>
>> What a state.
>
>
> You would be dead wrong, Bubba! Beware, this is the Internet where you get
> infected just clicking on something ... even if you're in Texas. ;)
>
Do you get cancer from power cords in Texas?
I thought that was funny. Do folks in Kalifornia swear off electricity due
to the cancer causing properties of power cords? How moronic.
"tiredofspam" <nospam.nospam.com> wrote in message
news:[email protected]...
> Your missing the point.
>
> You see like little kids, Californians may put the C clamp in their
> mouths... So you need a Retailer to look after these little adults and
> make sure that they know the risks...
>
> That's why Jay Walking (Jay Leno) is so funny. They have the dumbest
> people that can't answer basic simple questions. I watched a CPA make a
> total fool of himself. I was screaming You F'ning idiot...
>
Yep, Jay celebrates stupidity. It is hard to watch. I was always a history
buff, so historical questions would be easy for me. But some of those folks
are so ignorant and incapable of the most simple logic. I remember one girl
who was asked, "When was the war of 1812"? She couldn't figure it out.
Another historical mystery, who fought the civil war? She answered,
England! How did these people get through school? I remember one
particularly stupid women who couldn't figure out what planet she was on.
Her job? Elementary school teacher! We are doomed.
Larry Jaques wrote:
> On Thu, 24 May 2012 01:17:27 -0400, Bill<[email protected]> wrote:
>
>> Bill wrote:
>>> Just Wondering wrote:
>>>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>>>> The whole country is F'd by the ability of the politicians to print
>>>>> money.
>>>> The U.S> Government does not print money. The Federal Reserve Bank does
>>>> that. And the Federal Reserve Bank is a private corporation not run by
>>>> politicians. We're still screwed, but we should be clear about who is
>>>> the screwer.
>>>>
>>>
>>> If you think the screwer is the Fed (the "Federal Reserve", not the
>>> Federal Reserve Bank), you are not paying attention. Although, they
>>> deserve some of the credit, in recent years, for articially keeping the
>>> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
>>> low, which tranlates into 1% rates on CDs, etc.
>>
>> Don't wish to be nit-picky, but it's the "Bureau of Printing&
>> Engraving", I believe, which prints money. I've seen them do it!
>> They print the bills in big sheets and then cut em up! The tourist is
>> left thinking, "Could I maybe take one home as a souvenir?"
>
> Yes, a sheet of Woodrow Wilson bills, please! ($100,000 apiece!)
> http://en.wikipedia.org/wiki/Large_denominations_of_United_States_currency
>
Backed in Gold too! Not sure whether the G'ment had fixed the price of
Gold when those bills were circulated (1929). I remember when it was
fixed at $20/oz, or so.
> --
> When a quiet man is moved to passion, it seems the very earth will shake.
> -- Stephanie Barron
> (Something for the Powers That Be to remember, eh?)
On Thu, 24 May 2012 01:17:27 -0400, Bill <[email protected]> wrote:
>Bill wrote:
>> Just Wondering wrote:
>>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>>> The whole country is F'd by the ability of the politicians to print
>>>> money.
>>> The U.S> Government does not print money. The Federal Reserve Bank does
>>> that. And the Federal Reserve Bank is a private corporation not run by
>>> politicians. We're still screwed, but we should be clear about who is
>>> the screwer.
>>>
>>
>> If you think the screwer is the Fed (the "Federal Reserve", not the
>> Federal Reserve Bank), you are not paying attention. Although, they
>> deserve some of the credit, in recent years, for articially keeping the
>> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
>> low, which tranlates into 1% rates on CDs, etc.
>
>Don't wish to be nit-picky, but it's the "Bureau of Printing &
>Engraving", I believe, which prints money. I've seen them do it!
>They print the bills in big sheets and then cut em up! The tourist is
>left thinking, "Could I maybe take one home as a souvenir?"
Yes, a sheet of Woodrow Wilson bills, please! ($100,000 apiece!)
http://en.wikipedia.org/wiki/Large_denominations_of_United_States_currency
--
When a quiet man is moved to passion, it seems the very earth will shake.
-- Stephanie Barron
(Something for the Powers That Be to remember, eh?)
On 05/21/2012 05:05 PM, Lew Hodgett wrote:
> "RonB" wrote:
>
>> Let's see. And why is California bankrupt?
> ---------------------------
> Since when is California bankrupt?
>
> Lew
>
>
<http://endoftheamericandream.com/archives/california-bankrupt>
--
"Socialism is a philosophy of failure,the creed of ignorance, and the
gospel of envy, its inherent virtue is the equal sharing of misery"
-Winston Churchill
On 05/21/2012 05:55 PM, Scott Lurndal wrote:
> Doug Winterburn<[email protected]> writes:
>> On 05/21/2012 05:05 PM, Lew Hodgett wrote:
>>> "RonB" wrote:
>>>
>>>> Let's see. And why is California bankrupt?
>>> ---------------------------
>>> Since when is California bankrupt?
>>>
>>> Lew
>>>
>>>
>>
>> <http://endoftheamericandream.com/archives/california-bankrupt>
>
> Hardly an objective assessment. It also points out that the rest of the
> country has similar budgetary problems, as does the federal government
> almost all of which can be attributed to the bush tax cuts and two wars.
>
> scott
Soooo, you agree that California and the US are bankrupt, but it's all
Bush's fault.
--
"Socialism is a philosophy of failure,the creed of ignorance, and the
gospel of envy, its inherent virtue is the equal sharing of misery"
-Winston Churchill
On 5/23/2012 8:44 AM, tiredofspam wrote:
> The whole country is F'd by the ability of the politicians to print
> money.
The U.S> Government does not print money. The Federal Reserve Bank does
that. And the Federal Reserve Bank is a private corporation not run by
politicians. We're still screwed, but we should be clear about who is
the screwer.
On 5/23/2012 11:17 PM, Bill wrote:
> Bill wrote:
>> Just Wondering wrote:
>>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>>> The whole country is F'd by the ability of the politicians to print
>>>> money.
>>> The U.S> Government does not print money. The Federal Reserve Bank does
>>> that. And the Federal Reserve Bank is a private corporation not run by
>>> politicians. We're still screwed, but we should be clear about who is
>>> the screwer.
>>>
>>
>> If you think the screwer is the Fed (the "Federal Reserve", not the
>> Federal Reserve Bank), you are not paying attention. Although, they
>> deserve some of the credit, in recent years, for articially keeping the
>> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
>> low, which tranlates into 1% rates on CDs, etc.
>
> Don't wish to be nit-picky, but it's the "Bureau of Printing &
> Engraving", I believe, which prints money. I've seen them do it!
> They print the bills in big sheets and then cut em up! The tourist is
> left thinking, "Could I maybe take one home as a souvenir?"
Actually, what the Bureau prints is not money, it's promissory notes
issued by the Federal Reserve System. (The Bureau also prints documents
(but not money) for the U.S. government.) The Federal Reserve System
includes 12 regional Federal Reserve Banks. Those regional banks are
owned, NOT by the federal government, but by privately owned national
banks and some state banks that meet certain requirements. About 38
percent of the nations more than 8,000 banks are members of the system,
and thus own the Fed banks.
On 5/24/2012 8:16 PM, Bill wrote:
> Just Wondering wrote:
>> On 5/23/2012 11:17 PM, Bill wrote:
>>> Bill wrote:
>>>> Just Wondering wrote:
>>>>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>>>>> The whole country is F'd by the ability of the politicians to print
>>>>>> money.
>>>>> The U.S> Government does not print money. The Federal Reserve Bank
>>>>> does
>>>>> that. And the Federal Reserve Bank is a private corporation not
>>>>> run by
>>>>> politicians. We're still screwed, but we should be clear about who is
>>>>> the screwer.
>>>>>
>>>>
>>>> If you think the screwer is the Fed (the "Federal Reserve", not the
>>>> Federal Reserve Bank), you are not paying attention. Although, they
>>>> deserve some of the credit, in recent years, for articially keeping
>>>> the
>>>> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
>>>> low, which tranlates into 1% rates on CDs, etc.
>>>
>>> Don't wish to be nit-picky, but it's the "Bureau of Printing &
>>> Engraving", I believe, which prints money. I've seen them do it!
>>> They print the bills in big sheets and then cut em up! The tourist is
>>> left thinking, "Could I maybe take one home as a souvenir?"
>>
>> Actually, what the Bureau prints is not money, it's promissory notes
>> issued by the Federal Reserve System. (The Bureau also prints documents
>> (but not money) for the U.S. government.) The Federal Reserve System
>> includes 12 regional Federal Reserve Banks. Those regional banks are
>> owned, NOT by the federal government, but by privately owned national
>> banks and some state banks that meet certain requirements. About 38
>> percent of the nations more than 8,000 banks are members of the system,
>> and thus own the Fed banks.
>
> I disagree that commercial banks own the Federal Reserve Banks.
Your disagreement does not change the facts.
> As you said, the Federal Reserve Banks (which are not commmercial
> banks) carry out the business of the Federal Reserve. It is the Fed
> which sets reserve requirements, and other rules and requirements,
> that commercial banks must obey--and not the other way around. In
> particular, for instance, the Fed sets the Fed Funds Rate and chooses
> a path of monetary policy. Commercial banks follow suit--they
> definitely do not call the shots for the Federal Reserve Banks.
You're confusing ownership with control The Federal Reserve Banks are
controlled by a 12-member panel. The commercial banks/owners choose
five members of the panel; the President chooses the other seven.
> That the Federal Reserve Banks may hold some assets of the Commercial
> Banks does NOT make them the "owners"--any more than an checking
> account at a commercial account makes you a part owner.
>
But the fact that the Federal Reserve Banks are owned by stockholders,
and it is the commercial banks who own the stock, does make them the owners.
On 5/25/2012 2:41 AM, Bill wrote:
> Just Wondering wrote:
>> On 5/24/2012 8:16 PM, Bill wrote:
>
>
> The commercial banks/owners choose five members of the panel; the
> President chooses the other seven.
>>
>>> That the Federal Reserve Banks may hold some assets of the Commercial
>>> Banks does NOT make them the "owners"--any more than an checking
>>> account at a commercial account makes you a part owner.
>>>
>> But the fact that the Federal Reserve Banks are owned by stockholders,
>
> I wouldn't say that. That the Fed has "policing power" makes it quite
> different than a corporation--it's interwined with government, as
> you've indicated above.
(a) What "policing power" does the Federal Reserve System have?
(b) Yet the Fed IS a corporation.
>
>
>> and it is the commercial banks who own the stock, does make them the
>> owners.
>
> No. I would say that the The Federal Reserve is owned by the U.S.
> citizens,
Yes, you can certainly that. You're wrong, but don't let that stop you.
> like the highways and the national debt are.
(a) What highways are owned by the U.S. Citizens? Where can I find the
deed of title?
(b) The federal debt is not owned by the U.S. Citizens.
> The fact that some banks deposit money there does not change my point
> of view.
>
Apparently neither does the fact that the Fed has stockholders who own
the corporation.
On 5/25/2012 1:36 PM, tiredofspam wrote:
> After reading a book on this recently it was brought to light that the
> feds were prohibited from printing money or minting. Only the states
> were given that right.
>
> All of this by the founding fathers to prevent what is happening
> today. Where politicians raid the coffers and print money to pay
> debt. The states were granted the right to MINT money of a known
> weight and quality... talking about precious metals... not paper.
>
> The feds had no rights granted. And history shows why.
Then please explain the meaning of Article I Section 8 of the U.S.
Constitution, which says: "The Congress shall have power . . . to
coin Money, [and] regulate the Value thereof . . ."
BTW, I would point out that the paper bills in your wallet are not
technically money. They are promissory notes representing a debt owed
to their holders by the Federal Reserve banks.
On 5/22/2012 12:00 AM, Lew Hodgett wrote:
> "Doug Winterburn" wrote:
>> Soooo, you agree that California and the US are bankrupt, but it's
>> all Bush's fault.
> ------------------------
> Over extended, yes, bankrupt, no.
>
> Bush's fault, that will work for some of it, but Reagan gets most of
> it.
>
> Lew
>
>
Lets not forget Jimmy Carter, the peanut farmer that introduced us to
trillion dollar debt!
Doug Winterburn <[email protected]> writes:
>On 05/21/2012 05:05 PM, Lew Hodgett wrote:
>> "RonB" wrote:
>>
>>> Let's see. And why is California bankrupt?
>> ---------------------------
>> Since when is California bankrupt?
>>
>> Lew
>>
>>
>
><http://endoftheamericandream.com/archives/california-bankrupt>
Hardly an objective assessment. It also points out that the rest of the
country has similar budgetary problems, as does the federal government
almost all of which can be attributed to the bush tax cuts and two wars.
scott
On Mon, 21 May 2012 17:05:49 -0700, "Lew Hodgett"
<[email protected]> wrote:
>
>"RonB" wrote:
>
>> Let's see. And why is California bankrupt?
>---------------------------
>Since when is California bankrupt?
>
>Lew
12 billion in the hole.
Your missing the point.
You see like little kids, Californians may put the C clamp in their
mouths... So you need a Retailer to look after these little adults and
make sure that they know the risks...
That's why Jay Walking (Jay Leno) is so funny. They have the dumbest
people that can't answer basic simple questions. I watched a CPA make a
total fool of himself. I was screaming You F'ning idiot...
On 5/21/2012 2:31 PM, ChairMan wrote:
> I'm sure most ignore it, too, but the cost involved has to be paid by
> somebody.
> And they wonder why their state is in debt.
> I just think HW approach is hilarious, everthing we sell causes cancer
> and we're not even going to evaluate the levels of exposure.
> Gotta love it.
> The sad part was I was looking at C clamps and saw the warning and
> clicked on it, thinking how the F*** can a c clamp cause cancer?
On May 21, 1:04=A0am, "ChairMan" <[email protected]> wrote:
Let's see. And why is California bankrupt?
RonB
On 5/22/2012 11:00 AM, Scott Lurndal wrote:
> [*] Feel free to look up the definition of the word bankrupt.
The term "bankrupt" has undergone the same corruption as the term
"minority", thanks to blurring of distinctions by our legal system.
"When plunder becomes a way of life for a group of men in a society,
over a course of time they create for themselves a legal system that
authorizes it and a moral code that glorifies it."
Frédéric Bastiat, Economic Sophisms [1845]
For all practical purposes you are bankrupt when you can't repay your
creditors. To maintain otherwise is to be morally bankrupt yourself.
--
www.eWoodShop.com
Last update: 4/15/2010
KarlCaillouet@ (the obvious)
http://gplus.to/eWoodShop
COIN
They have no rights to print money (promissory notes eiter).
BTW read that carefuly. I believe that paper which has no value.
And since gold was removed from backing the dollar, it really has no
value... what does it mean..
On 5/25/2012 5:04 PM, Just Wondering wrote:
> On 5/25/2012 1:36 PM, tiredofspam wrote:
>> After reading a book on this recently it was brought to light that the
>> feds were prohibited from printing money or minting. Only the states
>> were given that right.
>>
>> All of this by the founding fathers to prevent what is happening
>> today. Where politicians raid the coffers and print money to pay debt.
>> The states were granted the right to MINT money of a known weight and
>> quality... talking about precious metals... not paper.
>>
>> The feds had no rights granted. And history shows why.
>
> Then please explain the meaning of Article I Section 8 of the U.S.
> Constitution, which says: "The Congress shall have power . . . to coin
> Money, [and] regulate the Value thereof . . ."
>
> BTW, I would point out that the paper bills in your wallet are not
> technically money. They are promissory notes representing a debt owed to
> their holders by the Federal Reserve banks.
>
>
"Artemus" <[email protected]> writes:
>
>> That's why Jay Walking (Jay Leno) is so funny. They have the dumbest people that
>> can't answer basic simple questions. I watched a CPA make a total fool of himself.
>> I was screaming You F'ning idiot...
>>
>Some of the people Jay interviews are not Californicans and they
>do no better. Stupidity is universal.
>Art
>
Not to mention that Californians brought you the B-2, F-22, C-17, the first
disk drive (IBM), some of the best business computers ever built (electrodata/burroughs),
the internet as we know it (UCB) and so forth. With over 35 million people, there
are bound to be a dozen or so with below average knowledge and intelligence, and Jay
Leno never shows the majority of respondents who answer the questions correctly.
scot
On 5/21/2012 1:04 AM, ChairMan wrote:
> Gotta love the sense of humor at HW, I think they see the irony
>
> This warning is provided to comply with California's Proposition 65
> product labeling law. Each and every product sold by Highland Hardware,
> DBA Highland Woodworking, may contain chemicals known to the state of
> California to cause cancer, birth defects or other reproductive harm.
> Highland Hardware, DBA Highland Woodworking provides this warning based
> on its knowledge concerning the possible presence of one or more such
> chemicals, without attempting to evaluate the level of exposure.
>
>
> In addition see ,
> http://www.highlandwoodworking.com/california-warning.aspx
>
> made me laugh
>
>
Talk about the boy that cried wolf. When California does have another
crises no one is going to notice the warning among all the outher warnings.
Not necessarily. Many of the engineers come from all around.
My friends are case in point.
All from Long Island, where Fairchild, and Grumman were based.
They live in Cali now, because that's where the jobs are.
Another friend from Mass has recently moved to Cali.. same ...
While many are from Cali, many are not.
And many Californians are smart people, but there is an abudance of
idiots. I think that is related to the Hollywood atmosphere... But then
again, look at thos stupid laws...
On 5/21/2012 4:11 PM, Scott Lurndal wrote:
> "Artemus"<[email protected]> writes:
>>
>
>>> That's why Jay Walking (Jay Leno) is so funny. They have the dumbest people that
>>> can't answer basic simple questions. I watched a CPA make a total fool of himself.
>>> I was screaming You F'ning idiot...
>>>
>> Some of the people Jay interviews are not Californicans and they
>> do no better. Stupidity is universal.
>> Art
>>
>
> Not to mention that Californians brought you the B-2, F-22, C-17, the first
> disk drive (IBM), some of the best business computers ever built (electrodata/burroughs),
> the internet as we know it (UCB) and so forth. With over 35 million people, there
> are bound to be a dozen or so with below average knowledge and intelligence, and Jay
> Leno never shows the majority of respondents who answer the questions correctly.
>
> scot
Who would come to their aid?
You might get cancer traveling into the state.
On 5/21/2012 10:28 AM, Leon wrote:
> On 5/21/2012 1:04 AM, ChairMan wrote:
>> Gotta love the sense of humor at HW, I think they see the irony
>>
>> This warning is provided to comply with California's Proposition 65
>> product labeling law. Each and every product sold by Highland Hardware,
>> DBA Highland Woodworking, may contain chemicals known to the state of
>> California to cause cancer, birth defects or other reproductive harm.
>> Highland Hardware, DBA Highland Woodworking provides this warning based
>> on its knowledge concerning the possible presence of one or more such
>> chemicals, without attempting to evaluate the level of exposure.
>>
>>
>> In addition see ,
>> http://www.highlandwoodworking.com/california-warning.aspx
>>
>> made me laugh
>>
>>
>
> Talk about the boy that cried wolf. When California does have another
> crises no one is going to notice the warning among all the outher warnings.
Doug Winterburn <[email protected]> writes:
>On 05/21/2012 05:55 PM, Scott Lurndal wrote:
>> Doug Winterburn<[email protected]> writes:
>>> On 05/21/2012 05:05 PM, Lew Hodgett wrote:
>>>> "RonB" wrote:
>>>>
>>>>> Let's see. And why is California bankrupt?
>>>> ---------------------------
>>>> Since when is California bankrupt?
>>>>
>>>> Lew
>>>>
>>>>
>>>
>>> <http://endoftheamericandream.com/archives/california-bankrupt>
>>
>> Hardly an objective assessment. It also points out that the rest of the
>> country has similar budgetary problems, as does the federal government
>> almost all of which can be attributed to the bush tax cuts and two wars.
>>
>> scott
>
>
>Soooo, you agree that California and the US are bankrupt, but it's all
>Bush's fault.
Neither california nor the US are bankrupt[*]. The current budgetary woes
are caused by a combination of the bush tax cuts[**], repeal of glass-steagle
and a shitload of deficit spending due to fighting two simultaneous wars.
scott
[*] Feel free to look up the definition of the word bankrupt. Newt just went
bankrupt. California is not bankrupt.
[**] for which one must blame both congress and the former president bush.
scott
On 5/23/2012 9:44 AM, tiredofspam wrote:
> The whole country is F'd by the ability of the politicians to print
> money. When the govt is the debtor, and they hold the debt there is
> something wrong.
>
> Everytime they print money our self worth becomes less. And fixing it
> becomes less obtainable.
>
I agree to some extent however if the government did not print more
money/put more in circulation the economy would not grow. For example
if there were only one trillion US dollars to work with the economy
would get worse as the population grows. Read that as fewer dollars
available per person. And when those that do not spend every dollar
they make there are fewer dollars in circulation.
One of the problems is printing more money to pay government dept before
taxes are collected for that purpose.
Basically there are several reasons that the government prints more
money to increase circulation. Paying off debt is not a good one.
"Ed Pawlowski" <[email protected]> wrote in message
news:[email protected]...
> On Tue, 22 May 2012 07:01:45 -0500, Leon <lcb11211@swbelldotnet>
> wrote:
>
>
>>
>>Lets not forget Jimmy Carter, the peanut farmer that introduced us to
>>trillion dollar debt!
>
> My memory of his is a bit more affectionate, like 15% (and more)
> interest rates.
and don't forget the gas lines
Leon wrote:
> On 5/22/2012 12:00 AM, Lew Hodgett wrote:
>> "Doug Winterburn" wrote:
>>> Soooo, you agree that California and the US are bankrupt, but it's
>>> all Bush's fault.
>> ------------------------
>> Over extended, yes, bankrupt, no.
>>
>> Bush's fault, that will work for some of it, but Reagan gets most of
>> it.
>>
>> Lew
>>
>>
>
> Lets not forget Jimmy Carter, the peanut farmer that introduced us to
> trillion dollar debt!
that was Bushs fault, too
On 5/21/2012 9:06 AM, tiredofspam wrote:
> It made me believe that reading that warning might cause me to get
> cancer... But only in Cali... :-)
>
> What a state.
You would be dead wrong, Bubba! Beware, this is the Internet where you
get infected just clicking on something ... even if you're in Texas. ;)
--
www.eWoodShop.com
Last update: 4/15/2010
KarlCaillouet@ (the obvious)
http://gplus.to/eWoodShop
On 5/22/2012 11:00 AM, Scott Lurndal wrote:
> Doug Winterburn<[email protected]> writes:
>> On 05/21/2012 05:55 PM, Scott Lurndal wrote:
>>> Doug Winterburn<[email protected]> writes:
>>>> On 05/21/2012 05:05 PM, Lew Hodgett wrote:
>>>>> "RonB" wrote:
>>>>>
>>>>>> Let's see. And why is California bankrupt?
>>>>> ---------------------------
>>>>> Since when is California bankrupt?
>>>>>
>>>>> Lew
>>>>>
>>>>>
>>>>
>>>> <http://endoftheamericandream.com/archives/california-bankrupt>
>>>
>>> Hardly an objective assessment. It also points out that the rest of the
>>> country has similar budgetary problems, as does the federal government
>>> almost all of which can be attributed to the bush tax cuts and two wars.
>>>
>>> scott
>>
>>
>> Soooo, you agree that California and the US are bankrupt, but it's all
>> Bush's fault.
>
> Neither california nor the US are bankrupt[*]. The current budgetary woes
> are caused by a combination of the bush tax cuts[**], repeal of glass-steagle
> and a shitload of deficit spending due to fighting two simultaneous wars.
The current budgetary woes are caused by every one in government office
and those that seem to think a particular person is to blame.
When you blame some one else and don't do anything to correct the
problem your self you are as much to blame as the problem.
On 5/21/2012 7:05 PM, Lew Hodgett wrote:
> "RonB" wrote:
>
>> Let's see. And why is California bankrupt?
> ---------------------------
> Since when is California bankrupt?
What do you call this:
http://www.zerohedge.com/contributed/2012-20-14/brave-new-economy-%E2%80%93-california-budget-implications-real-estate-%E2%80%93-4-key-metric
Since Bill Clinton's "meaning of _is_ " is no longer on the table, you
need to come up with other words to describe reality, eh?
--
www.eWoodShop.com
Last update: 4/15/2010
KarlCaillouet@ (the obvious)
http://gplus.to/eWoodShop
On 5/22/2012 10:46 PM, ChairMan wrote:
> "Ed Pawlowski"<[email protected]> wrote in message
> news:[email protected]...
>> On Tue, 22 May 2012 07:01:45 -0500, Leon<lcb11211@swbelldotnet>
>> wrote:
>>
>>
>>>
>>> Lets not forget Jimmy Carter, the peanut farmer that introduced us to
>>> trillion dollar debt!
>>
>> My memory of his is a bit more affectionate, like 15% (and more)
>> interest rates.
>
> and don't forget the gas lines
>
>
Any my all time favorite, America's best days are behind her. What an
optimist! To win you have to think like a winner.
On 5/22/2012 9:04 PM, Ed Pawlowski wrote:
> On Tue, 22 May 2012 07:01:45 -0500, Leon<lcb11211@swbelldotnet>
> wrote:
>
>
>>
>> Lets not forget Jimmy Carter, the peanut farmer that introduced us to
>> trillion dollar debt!
>
> My memory of his is a bit more affectionate, like 15% (and more)
> interest rates.
Hoping you are saying that with tongue in cheek. ;~)
15% interest rates are only good for the wealthy that have more money
that they will ever spend. High interest rates are the way the
government deals with out of control inflation.
Unfortunately, you have $1000 earning 15% interest per year. At the end
of the year your $1150 will now only buy what $900 would have bought 1
year prior.
That was an exaggerated example but high interest rates only attempt to
help your money keep its value.
"ChairMan" wrote in message
news:[email protected]...
Gotta love the sense of humor at HW, I think they see the irony
This warning is provided to comply with California's Proposition 65
product labeling law. Each and every product sold by Highland Hardware,
DBA Highland Woodworking, may contain chemicals known to the state of
California to cause cancer, birth defects or other reproductive harm.
Highland Hardware, DBA Highland Woodworking provides this warning based
on its knowledge concerning the possible presence of one or more such
chemicals, without attempting to evaluate the level of exposure.
In addition see ,
http://www.highlandwoodworking.com/california-warning.aspx
made me laugh
=================================================================================
A lot of places are doing that or just not dealing with anyone in
California. I am sure that Californians don't pay any attention to warning
labels anymore. A perfect example of crying wolf. They have labeled so much
stuff as being bad for you that legitimate warnings are likely being ignored
since everything down there will kill you.
CW wrote:
> "ChairMan" wrote in message
> news:[email protected]...
>
> Gotta love the sense of humor at HW, I think they see the irony
>
> This warning is provided to comply with California's Proposition 65
> product labeling law. Each and every product sold by Highland
> Hardware, DBA Highland Woodworking, may contain chemicals known to
> the state of
> California to cause cancer, birth defects or other reproductive harm.
> Highland Hardware, DBA Highland Woodworking provides this warning
> based on its knowledge concerning the possible presence of one or
> more such
> chemicals, without attempting to evaluate the level of exposure.
>
>
> In addition see ,
> http://www.highlandwoodworking.com/california-warning.aspx
>
> made me laugh
> =================================================================================
> A lot of places are doing that or just not dealing with anyone in
> California. I am sure that Californians don't pay any attention to
> warning labels anymore. A perfect example of crying wolf. They have
> labeled so much stuff as being bad for you that legitimate warnings
> are likely being ignored since everything down there will kill you.
I'm sure most ignore it, too, but the cost involved has to be paid by
somebody.
And they wonder why their state is in debt.
I just think HW approach is hilarious, everthing we sell causes cancer
and we're not even going to evaluate the levels of exposure.
Gotta love it.
The sad part was I was looking at C clamps and saw the warning and
clicked on it, thinking how the F*** can a c clamp cause cancer?
http://www.highlandwoodworking.com/bessey-c-clamp-6.aspx
"tiredofspam" <nospam.nospam.com> wrote in message
news:[email protected]...
> Your missing the point.
>
> You see like little kids, Californians may put the C clamp in their mouths... So
> you need a Retailer to look after these little adults and make sure that they know
> the risks...
>
> That's why Jay Walking (Jay Leno) is so funny. They have the dumbest people that
> can't answer basic simple questions. I watched a CPA make a total fool of himself.
> I was screaming You F'ning idiot...
>
Some of the people Jay interviews are not Californicans and they
do no better. Stupidity is universal.
Art
In article <[email protected]>,
Scott Lurndal <[email protected]> wrote:
>"Artemus" <[email protected]> writes:
>>
>
>>> That's why Jay Walking (Jay Leno) is so funny. They have the dumbest
>people that
>>> can't answer basic simple questions. I watched a CPA make a total
>fool of himself.
>>> I was screaming You F'ning idiot...
>>>
>>Some of the people Jay interviews are not Californicans and they
>>do no better. Stupidity is universal.
>>Art
>>
>
>Not to mention that Californians brought you the B-2, F-22, C-17, the first
>disk drive (IBM), some of the best business computers ever built
>(electrodata/burroughs),
>the internet as we know it (UCB) and so forth. With over 35 million
>people, there
>are bound to be a dozen or so with below average knowledge and
>intelligence, and Jay
>Leno never shows the majority of respondents who answer the questions correctly.
And don't forget what may be California's crowning contribution to
modern civilization, "right turn permitted on red after stop"
--
Better to be stuck up in a tree than tied to one.
Larry Wasserman - Baltimore Maryland - lwasserm(a)sdf. lonestar.org
Just Wondering wrote:
> On 5/23/2012 8:44 AM, tiredofspam wrote:
>> The whole country is F'd by the ability of the politicians to print
>> money.
> The U.S> Government does not print money. The Federal Reserve Bank does
> that. And the Federal Reserve Bank is a private corporation not run by
> politicians. We're still screwed, but we should be clear about who is
> the screwer.
>
If you think the screwer is the Fed (the "Federal Reserve", not the
Federal Reserve Bank), you are not paying attention. Although, they
deserve some of the credit, in recent years, for articially keeping the
Fed Funds Rate (the rate that commercial banks can borrow at)so darn
low, which tranlates into 1% rates on CDs, etc.
Bill wrote:
> Just Wondering wrote:
>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>> The whole country is F'd by the ability of the politicians to print
>>> money.
>> The U.S> Government does not print money. The Federal Reserve Bank does
>> that. And the Federal Reserve Bank is a private corporation not run by
>> politicians. We're still screwed, but we should be clear about who is
>> the screwer.
>>
>
> If you think the screwer is the Fed (the "Federal Reserve", not the
> Federal Reserve Bank), you are not paying attention. Although, they
> deserve some of the credit, in recent years, for articially keeping the
> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
> low, which tranlates into 1% rates on CDs, etc.
Don't wish to be nit-picky, but it's the "Bureau of Printing &
Engraving", I believe, which prints money. I've seen them do it!
They print the bills in big sheets and then cut em up! The tourist is
left thinking, "Could I maybe take one home as a souvenir?"
Just Wondering wrote:
> On 5/23/2012 11:17 PM, Bill wrote:
>> Bill wrote:
>>> Just Wondering wrote:
>>>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>>>> The whole country is F'd by the ability of the politicians to print
>>>>> money.
>>>> The U.S> Government does not print money. The Federal Reserve Bank does
>>>> that. And the Federal Reserve Bank is a private corporation not run by
>>>> politicians. We're still screwed, but we should be clear about who is
>>>> the screwer.
>>>>
>>>
>>> If you think the screwer is the Fed (the "Federal Reserve", not the
>>> Federal Reserve Bank), you are not paying attention. Although, they
>>> deserve some of the credit, in recent years, for articially keeping the
>>> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
>>> low, which tranlates into 1% rates on CDs, etc.
>>
>> Don't wish to be nit-picky, but it's the "Bureau of Printing &
>> Engraving", I believe, which prints money. I've seen them do it!
>> They print the bills in big sheets and then cut em up! The tourist is
>> left thinking, "Could I maybe take one home as a souvenir?"
>
> Actually, what the Bureau prints is not money, it's promissory notes
> issued by the Federal Reserve System. (The Bureau also prints documents
> (but not money) for the U.S. government.) The Federal Reserve System
> includes 12 regional Federal Reserve Banks. Those regional banks are
> owned, NOT by the federal government, but by privately owned national
> banks and some state banks that meet certain requirements. About 38
> percent of the nations more than 8,000 banks are members of the system,
> and thus own the Fed banks.
I disagree that commercial banks own the Federal Reserve Banks. As you
said, the Federal Reserve Banks (which are not commmercial banks) carry
out the business of the Federal Reserve. It is the Fed which sets
reserve requirements, and other rules and requirements, that commercial
banks must obey--and not the other way around. In particular, for
instance, the Fed sets the Fed Funds Rate and chooses a path of monetary
policy. Commercial banks follow suit--they definitely do not call the
shots for the Federal Reserve Banks. That the Federal Reserve Banks may
hold some assets of the Commercial Banks does NOT make them the
"owners"--any more than an checking account at a commercial account
makes you a part owner.
Just Wondering wrote:
> On 5/24/2012 8:16 PM, Bill wrote:
>> Just Wondering wrote:
>>> On 5/23/2012 11:17 PM, Bill wrote:
>>>> Bill wrote:
>>>>> Just Wondering wrote:
>>>>>> On 5/23/2012 8:44 AM, tiredofspam wrote:
>>>>>>> The whole country is F'd by the ability of the politicians to print
>>>>>>> money.
>>>>>> The U.S> Government does not print money. The Federal Reserve Bank
>>>>>> does
>>>>>> that. And the Federal Reserve Bank is a private corporation not
>>>>>> run by
>>>>>> politicians. We're still screwed, but we should be clear about who is
>>>>>> the screwer.
>>>>>>
>>>>>
>>>>> If you think the screwer is the Fed (the "Federal Reserve", not the
>>>>> Federal Reserve Bank), you are not paying attention. Although, they
>>>>> deserve some of the credit, in recent years, for articially keeping
>>>>> the
>>>>> Fed Funds Rate (the rate that commercial banks can borrow at)so darn
>>>>> low, which tranlates into 1% rates on CDs, etc.
>>>>
>>>> Don't wish to be nit-picky, but it's the "Bureau of Printing &
>>>> Engraving", I believe, which prints money. I've seen them do it!
>>>> They print the bills in big sheets and then cut em up! The tourist is
>>>> left thinking, "Could I maybe take one home as a souvenir?"
>>>
>>> Actually, what the Bureau prints is not money, it's promissory notes
>>> issued by the Federal Reserve System. (The Bureau also prints documents
>>> (but not money) for the U.S. government.) The Federal Reserve System
>>> includes 12 regional Federal Reserve Banks. Those regional banks are
>>> owned, NOT by the federal government, but by privately owned national
>>> banks and some state banks that meet certain requirements. About 38
>>> percent of the nations more than 8,000 banks are members of the system,
>>> and thus own the Fed banks.
>>
>> I disagree that commercial banks own the Federal Reserve Banks.
>
> Your disagreement does not change the facts.
>
>> As you said, the Federal Reserve Banks (which are not commmercial
>> banks) carry out the business of the Federal Reserve. It is the Fed
>> which sets reserve requirements, and other rules and requirements,
>> that commercial banks must obey--and not the other way around. In
>> particular, for instance, the Fed sets the Fed Funds Rate and chooses
>> a path of monetary policy. Commercial banks follow suit--they
>> definitely do not call the shots for the Federal Reserve Banks.
>
> You're confusing ownership with control The Federal Reserve Banks are
> controlled by a 12-member panel.
Like you say, I confuse Control with Ownership. To me, the latter
typically implies the former--and that's what I thought you were
suggesting. Since you are not, I'm not sure what sort of meaningful
inference you want to make.
The commercial banks/owners choose five
> members of the panel; the President chooses the other seven.
>
>> That the Federal Reserve Banks may hold some assets of the Commercial
>> Banks does NOT make them the "owners"--any more than an checking
>> account at a commercial account makes you a part owner.
>>
> But the fact that the Federal Reserve Banks are owned by stockholders,
I wouldn't say that. That the Fed has "policing power" makes it quite
different than a corporation--it's interwined with government, as you've
indicated above.
> and it is the commercial banks who own the stock, does make them the
> owners.
No. I would say that the The Federal Reserve is owned by the U.S.
citizens, like the highways and the national debt are. The fact that
some banks deposit money there does not change my point of view. YMMV.
tiredofspam wrote:
> The fed is not owned by the citizens Bill.
In your last post, you wanted to say it was owned by the commercial banks.
It is hard to deny that the federal is ours, whether we approve of its
actions or not. A little like the presidency. It is OUR office.
The fed works, or is supposed to, in our national (i.e. collective)
interest. No one is going to liquidate the Federal Reserve, so the
notion of "ownership" is mute, IMO.
>
>>> owners.
>>
>> No. I would say that the The Federal Reserve is owned by the U.S.
>> citizens, like the highways and the national debt are. The fact that
>> some banks deposit money there does not change my point of view. YMMV.
>>
>>
tiredofspam wrote:
> Bill that was not my post about it being owned by commercial banks.. It
> was a reply to a thread.
>
> As far as the Fed, it has clearly overstepped it's bounds.
>
> And so has our government. After reading a book on this recently it was
> brought to light that the feds were prohibited from printing money or
> minting. Only the states were given that right.
The Fed is responsible for a great deal to do with the currency. They DO
affect the money supply by:
1. Changing reserve requirements for commercial banks.
2. Setting the "discount rate" that commercial banks can borrow
(currently very low).
3. Open market operations (buying and selling various financial
instruments from commercial banks).
My knowedge of this is 30 years old, but I found a link for anyone
who is interested:
http://en.wikipedia.org/wiki/Money_creation
Leon wrote:
> On 5/21/2012 1:04 AM, ChairMan wrote:
>> Gotta love the sense of humor at HW, I think they see the irony
>>
>> This warning is provided to comply with California's Proposition 65
>> product labeling law. Each and every product sold by Highland
>> Hardware, DBA Highland Woodworking, may contain chemicals known to
>> the state of California to cause cancer, birth defects or other
>> reproductive harm. Highland Hardware, DBA Highland Woodworking
>> provides this warning based on its knowledge concerning the possible
>> presence of one or more such chemicals, without attempting to
>> evaluate the level of exposure. In addition see ,
>> http://www.highlandwoodworking.com/california-warning.aspx
>>
>> made me laugh
>>
>>
>
> Talk about the boy that cried wolf. When California does have
> another
> crises no one is going to notice the warning among all the outher
> warnings.
HHHHOOOOOOOWWWWWLLLLLL<g>
The whole country is F'd by the ability of the politicians to print
money. When the govt is the debtor, and they hold the debt there is
something wrong.
Everytime they print money our self worth becomes less. And fixing it
becomes less obtainable.
On 5/23/2012 8:56 AM, Leon wrote:
> On 5/22/2012 11:00 AM, Scott Lurndal wrote:
>> Doug Winterburn<[email protected]> writes:
>>> On 05/21/2012 05:55 PM, Scott Lurndal wrote:
>>>> Doug Winterburn<[email protected]> writes:
>>>>> On 05/21/2012 05:05 PM, Lew Hodgett wrote:
>>>>>> "RonB" wrote:
>>>>>>
>>>>>>> Let's see. And why is California bankrupt?
>>>>>> ---------------------------
>>>>>> Since when is California bankrupt?
>>>>>>
>>>>>> Lew
>>>>>>
>>>>>>
>>>>>
>>>>> <http://endoftheamericandream.com/archives/california-bankrupt>
>>>>
>>>> Hardly an objective assessment. It also points out that the rest of the
>>>> country has similar budgetary problems, as does the federal government
>>>> almost all of which can be attributed to the bush tax cuts and two
>>>> wars.
>>>>
>>>> scott
>>>
>>>
>>> Soooo, you agree that California and the US are bankrupt, but it's all
>>> Bush's fault.
>>
>> Neither california nor the US are bankrupt[*]. The current budgetary woes
>> are caused by a combination of the bush tax cuts[**], repeal of
>> glass-steagle
>> and a shitload of deficit spending due to fighting two simultaneous wars.
>
>
>
> The current budgetary woes are caused by every one in government office
> and those that seem to think a particular person is to blame.
>
> When you blame some one else and don't do anything to correct the
> problem your self you are as much to blame as the problem.
If you'll remember those gas lines were not political in nature, but
greedy bastards in the oil industry. What they did was treasonous, illegal.
On 5/22/2012 11:46 PM, ChairMan wrote:
> "Ed Pawlowski"<[email protected]> wrote in message
> news:[email protected]...
>> On Tue, 22 May 2012 07:01:45 -0500, Leon<lcb11211@swbelldotnet>
>> wrote:
>>
>>
>>>
>>> Lets not forget Jimmy Carter, the peanut farmer that introduced us to
>>> trillion dollar debt!
>>
>> My memory of his is a bit more affectionate, like 15% (and more)
>> interest rates.
>
> and don't forget the gas lines
>
>
Bill that was not my post about it being owned by commercial banks.. It
was a reply to a thread.
As far as the Fed, it has clearly overstepped it's bounds.
And so has our government. After reading a book on this recently it was
brought to light that the feds were prohibited from printing money or
minting. Only the states were given that right.
All of this by the founding fathers to prevent what is happening today.
Where politicians raid the coffers and print money to pay debt. The
states were granted the right to MINT money of a known weight and
quality... talking about precious metals... not paper.
The feds had no rights granted. And history shows why.
On 5/25/2012 1:58 PM, Bill wrote:
> tiredofspam wrote:
>> The fed is not owned by the citizens Bill.
>
> In your last post, you wanted to say it was owned by the commercial banks.
>
> It is hard to deny that the federal is ours, whether we approve of its
> actions or not. A little like the presidency. It is OUR office.
> The fed works, or is supposed to, in our national (i.e. collective)
> interest. No one is going to liquidate the Federal Reserve, so the
> notion of "ownership" is mute, IMO.
>
>
>
>>
>>>> owners.
>>>
>>> No. I would say that the The Federal Reserve is owned by the U.S.
>>> citizens, like the highways and the national debt are. The fact that
>>> some banks deposit money there does not change my point of view. YMMV.
>>>
>>>
>
On 5/21/2012 9:19 AM, Lee Michaels wrote:
>
>
> "Swingman" <[email protected]> wrote in message
> news:[email protected]...
>> On 5/21/2012 9:06 AM, tiredofspam wrote:
>>> It made me believe that reading that warning might cause me to get
>>> cancer... But only in Cali... :-)
>>>
>>> What a state.
>>
>>
>> You would be dead wrong, Bubba! Beware, this is the Internet where you
>> get infected just clicking on something ... even if you're in Texas. ;)
>>
> Do you get cancer from power cords in Texas?
>
NO! People in California are especially susceptible to cancer as they
have had a lot of stuff shove down their throats for so many years.
Their immune systems are severely compromised.
You're all barking up the wrong tree.
It's easy to blame the current admin, but after reading the Ron Paul
book the case for Gold it is clear that this goes way back.
It's been going on in the US since before we were a country.
The most egregious thing that occurred in recent time is when Nixon took
us off the Gold Standard and money no longer meant anything. Inflation
(printing of money basically) went off the charts. This occurred in 1971
and in 1976 was made law.. Before that it was against the law...
History shows that every time politicians decided to put aside gold
transfer, or to print money that didn't match our gold reserves, we
created havoc. The book is a historical walk through very sordid
affairs. I have lost all respect for our banking system, which seems to
cheat the common man out of money over and over.
As far as modern times Nixon really F'd us up. From there it was a
slippery slope, but we were already screwed.
On 5/22/2012 8:01 AM, Leon wrote:
> On 5/22/2012 12:00 AM, Lew Hodgett wrote:
>> "Doug Winterburn" wrote:
>>> Soooo, you agree that California and the US are bankrupt, but it's
>>> all Bush's fault.
>> ------------------------
>> Over extended, yes, bankrupt, no.
>>
>> Bush's fault, that will work for some of it, but Reagan gets most of
>> it.
>>
>> Lew
>>
>>
>
> Lets not forget Jimmy Carter, the peanut farmer that introduced us to
> trillion dollar debt!