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> Christianity was always about wealth distribution.

Nonsense.

The Bible teaches capitalism, not socialism. Read this commentary.

> Christianity was always about wealth distribution.

Nonsense.

The Bible teaches capitalism, not socialism. Read this commentary.

What if you found out that mathematically the FDIC was broke ?

http://www.garynorth.com/publi...

http://www.zerohedge.com/artic...

An excellent weighing-in on the recent fluctuation. Bitcoins: The Second Biggest Ponzi Scheme in History

Bitcoin may or may not be a good investment, but it certainly is not a Ponzi Scheme.

The article lists the biggest Ponzi Scheme in history as Social Security. Social Security may or may not be good public policy, but it is not a Ponzi Scheme either.

If most people come to the conclusion that Bitcoin is too volatile for them to complete monetary transactions with, they effectively become beanie babies. The value becomes zilch and everyone who holds Bitcoin when that happens walks away with nothing. Sounds an awful lot like a Ponzi scheme to me.

People have argued that when Bitcoin has more volume, the volatility will decrease. There is not a shred of evidence to support that. Bitcoin has been gaining volume for the last couple of years, and if anything, it is more volatile than ever.

There is no returns with bitcoin... don't ponzi schemes have someone promising a return?

An excellent weighing-in on the recent fluctuation. Bitcoins: The Second Biggest Ponzi Scheme in History

Bitcoin may or may not be a good investment, but it certainly is not a Ponzi Scheme.

The article lists the biggest Ponzi Scheme in history as Social Security. Social Security may or may not be good public policy, but it is not a Ponzi Scheme either.

If most people come to the conclusion that Bitcoin is too volatile for them to complete monetary transactions with, they effectively become beanie babies. The value becomes zilch and everyone who holds Bitcoin when that happens walks away with nothing. Sounds an awful lot like a Ponzi scheme to me.

People have argued that when Bitcoin has more volume, the volatility will decrease. There is not a shred of evidence to support that. Bitcoin has been gaining volume for the last couple of years, and if anything, it is more volatile than ever.

An excellent weighing-in on the recent fluctuation. Bitcoins: The Second Biggest Ponzi Scheme in History

Bitcoin may or may not be a good investment, but it certainly is not a Ponzi Scheme.

The article lists the biggest Ponzi Scheme in history as Social Security. Social Security may or may not be good public policy, but it is not a Ponzi Scheme either.

An excellent weighing-in on the recent fluctuation. Bitcoins: The Second Biggest Ponzi Scheme in History

Why do you think the GOP is tearing itself apart? Free enterprise is an entirely different religion than Jesusitude. Seriously, read Ayn Rand.

Someone hasn't been paying attention. Have you not heard of Prosperity Theology? (aka God Wants You To Be Rich.) I know you've heard of its proponents, Oral Roberts, Pat Robertson, Joel Olsteen, and pretty much every televangelist out there. This is a group of people that believe that when God wants you to be rich while simultaneously saying "[I]t is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God." (Now they say that "eye of a needle" wasn't actually referring to a needle's eye, but rather some gate, through which camels could pass relatively easily. Why? Jesus was a free market capitalist and anti-communist.

To paraphrase Matt Groening in a Life in Hell strip many years go: Jesus loved the poor so much, that he eliminated the free school lunch program. On the bright side, the poor kids can now lead a prayer in school for anything they want, EVEN FOOD.

Oops! Forgot some links regarding why a trailer is a wise living arrangement:

http://www.garynorth.com/public/93.cfm

http://www.lewrockwell.com/north/north358.html

I wish I had a link,

I sense a need for my Mad Googling Skills. LordPixie, to the rescue !!

After wasting the last 15 minutes of my life. (OK. Fine. My employer's time/money.) I have determined that this little story is not apocryphal bullshit !

For example, see this little site. It not only covers the anecdote you mentioned, but also includes a link to a (now defunct) CNN article. Further references can be found by simply googling for Koskinen "three computers".

I would also like to take this opportunity to point out that LordPixie usually charges for the services of his Madcap Googling Skills. This time was free. =)


--LordPixie

The virus we need is one that changes the wallpaper on a Windows(tm) machine to a big crotch shot. It can't be that hard...

Ahem. I think you meant to say difficult.

I hate to say it, I really do, but I think you're on to something. That would at least cause people to wake up to what this crap is all about. Besides, it's also a lot less damaging than the other stuff that could happen. Rioting in the streets, planes falling out of the sky, dogs and cats sleeping together. You know, stuff like that.

Peter de Jager? Why is he being linked to here, of all places? This is the same asshole who brought us the Y2K paranoia. I will never listen to anything this moron has to say ever again.

What happened to Gary North? His site seemed to be pretty popular in the months leading up to Y2K--it even had a good parody at garysouth.com (but it's gone now). Today, his site is still up and predicts doom. After Y2K came and went, I kept waiting for him to take down what he has and put up something saying "I was wrong; I'm a dumbass," but, alas, it hasn't happened yet.

Timebomb 2000 forum. Where most of the doomers and conspiracy theorists hang out. Tim ebomb 2000 garynorth.com - the lead doomer of them all. But he has over 6000 articles about y2k on his site www.garynorth.com On the Usenet comp.software.year-2000