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Tag(s): Corporations; Finance; Government; Money; Technology
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June 12, 2007 at 07:55:19

Is Making Paper Money Obsolete a Good Thing?

by David Patterson Page 1 of 1 page(s)

www.opednews.com

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I just looked at my currency and found the promise that " This note is good for all debts public and private". To me it's a no brainer. With no standard of freely circulating paper currency, the ability to make a personal transaction with a fellow citizen in private will be gone. It worries me to see so many people ready to do away with their power to make a private transaction. Do you really trust banks and government that much? Not to mention computers? OK, just to humor myself for a minute I'm going to speculate on how this might work.

I get up in the morning, I wish to see some news on my cable TV. So I immediately swipe my card through the waiting slot and miraculously the TV comes on and the prompter thanks me and the digital meter starts ticking.
I want some coffee so I go to the sink and swipe the card and the light flashes and a countdown begins telling me just when the water will come through the faucet. You see it all works this way because the first thing the corporates noticed right after the Currency Abolishment Act (CAA) was that unless you were made to swipe your card in advance sometimes people just forgot. Well anyway I run the card through the slot, get on the bus and finally I'm at work.

Once in my office my friend comes and informs me that he won our bet on the Football game last night. And he wants his "credits". I suppose we won't call them dollars anymore, so he pulls out is personal slot, and clicks a few buttons and then I run my card through his palm payer and then he runs his card through mine. Just then a lights start blinking on both our palm payers demanding more information on the exchange that just took place. We stare at each other a moment and then decide to tell our palm payers that what we just did was for our favorite charity. Palm payers both start blinking faster and then demanding to know which charity as there is no record of any credits moving to any charity at this moment. Then at a loss, we pause and both palm payers announce that our credits are frozen and that we must both report to the "Citizens Revenue Checks and Balances"(CRCB) for a Complete Audit and Routine Good citizenship Inventory and Re Enforcement (CARGCIRE)

So here's the problem. With our cards frozen we can't ride the bus or credit some other conveyance for our trip to the CRCB. So we walk. Hungry and thirsty and now all out of Liberty Permissions(LP) because our benevolent corporate office, having been immediately notified of our palm payer anomalies, has terminated our Corporate Compliant Status(CCS) relationship until cleared or disciplined by the CRCB. This story ends badly for the two of us. We get to the CRCB late and are then considered Enemy Combatants in the "War on Immorality" with 3 strikes. My friend and I are never heard from again.

Was this over the top? Let me guess, you're laughing at my story and saying it can't happen. You might even be saying that I just made this up. Well my friends, the right to privacy is the lynch pin on which all meaningful freedoms hinge. And in the grown up world where finances are a 24/7 fact of life, the Right and expectation of privacy should not be taken so lightly or surrendered so easily.

So will paper money become obsolete? Paper money becoming obsolete will only help pave the way to the obsolescence of all your other freedoms. Freedoms disappear as one by one your privacies are eroded, Government's power of oversight is enhanced and your compliance is ratcheted up. Soon you'll find yourself existing in a watchful Authoritarian State and wondering how just how things got this way? Well, it will have been Step by tiny little step that you never fully understood you were taking and then you look back and realize that now, it's too late.

http://blog.myspace.com/hosshoss777

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6 comments

A grouchy but well-informed know-all with much experience of the low-down low-life infesting and animating 'high-finance', and what to do about it, Keith P. occasionally emerges from the obscure depths of the Youreapeon forests to eye the current world, growl a few obscenities and lurch back into the darkness whence he came.
amazinA grouchy but well-informed know-all with much experience of the low-down low-life infesting and animating 'high-finance', and what to do about it, Keith P. occasionally emerges from the obscure depths of the Youreapeon forests to eye the current world, growl a few obscenities and lurch back into the darkness whence he came.

Money?

Better to make all money obsolete. The whole concept of finance is a fiction that is abused by the few at the cost of the many. That is why the fiction is so sincerely preached to be a reality.

Or didn't you know that?

by amazin (32 articles, 0 quicklinks, 11 diaries, 396 comments) on Tuesday, June 12, 2007 at 12:18:46 PM

I am a simple man of eclectic interests and tastes with no particular academic credentials. I still perceive, think, read and write somewhat. Writing music is a hobby of mine

banned for abusive email to an editor
"Hoss" David P.I am a simple man of eclectic interests and tastes with no particular academic credentials. I still perceive, think, read and write somewhat. Writing music is a hobby of mine

banned for abusive email to an editor

Money?

Money's a game. What's preached in consumerism which for those unaware is a losing game.

What do I know? Get rid of money? I'll look for you at the head of that line pal. LOL

by "Hoss" David P. (51 articles, 5 quicklinks, 14 diaries, 338 comments) on Tuesday, June 12, 2007 at 12:40:45 PM

Geery lived off the grid for 15 years in an earth-sheltered, solar heated home, while his kids learned in school that solar energy isn't feasible. NAPTA hosts a page on Geery's foibles in education, and explains how he got his butt fired from a tenured teaching position. Here's a short clip of his most recent solar contraption; for more on that project, and Geery's contention that the Wright Brothers took a wrong turn, please visit his airship page (hyperblimp.com). Apparently, Geery is the only...

to see more of bio, click on member name
Daniel GeeryGeery lived off the grid for 15 years in an earth-sheltered, solar heated home, while his kids learned in school that solar energy isn't feasible. NAPTA hosts a page on Geery's foibles in education, and explains how he got his butt fired from a tenured teaching position. Here's a short clip of his most recent solar contraption; for more on that project, and Geery's contention that the Wright Brothers took a wrong turn, please visit his airship page (hyperblimp.com). Apparently, Geery is the only...

to see more of bio, click on member name

Money is already obsolete,

and has been for some time. Most important financial transactions have long been done without money, and now even the smallest transactions are done without it. Admittedly not for everybody-for example, my father still uses cash at the gas station-but for myself and most people I know, paper money and coins are relics of the past, while credit cards have become the medium of exchange. Like newspapers and printing presses, money might well be suitable for display in museums in a few more decades.

This situation takes us to the larger problem, hinted at in this article: How, then, are we to determine the "worth" of a person? What and who determines how many credits you have in the bank, or perhaps more realistically--after banks are gone-who determines, and how will they determine, how many credits you have in the Central Computer? Does a person born into wealth start out with more credits than one born into poverty, as in fact happens today?

I think the problem has already arrived, but we just haven't recognized it. Money is archaic, and the determination of how much credit a person has, or is worth, must soon be addressed as a central issue in the running of society. WHO will make these determinations? Why do THEY get to make them? And HOW are they made? Are all people truly to be respected equally? Do we assign more credit to some than to others?

Is not taking out the trash on a regular basis is just as important as performing brain surgery? Isn't the mechanic who fixes your car just as important as the engineer who designed it? Isn't the mother taking care of her children at home at least as important as her husband who monkeys around with numbers in the stock market?

I don't have the all the answers, but I think it's time we start pondering these questions, before someone else has answered them for us.

by Daniel Geery (26 articles, 58 quicklinks, 121 diaries, 690 comments) on Tuesday, June 12, 2007 at 1:07:27 PM

Cash Money

Cash money is mainly for the poor people and people who choose, for whatever reason, to live a little further outside the system. They're not always criminals. Cash is also for private transactions. This is a freedom. Privacy and freedom are one and inseparable. Why is that so hard to understand?

by "Hoss" David P. (51 articles, 5 quicklinks, 14 diaries, 338 comments) on Tuesday, June 12, 2007 at 1:46:32 PM

A Bleeding heart liberal from California
Bleeding Heart LiberalA Bleeding heart liberal from California

Appropriate Economics

A good web site is http://appropriate-economics.org/ and the reading materials http://www.complementarycurrency.org/materials.php

by Bleeding Heart Liberal (0 articles, 1 quicklinks, 0 diaries, 48 comments) on Tuesday, June 12, 2007 at 9:42:44 PM

A member of the new subculture: under-educated (high school, some college, no degree)
PLRA member of the new subculture: under-educated (high school, some college, no degree)

One Who "Gets It"

I for one, am appalled by the responses, above. How can anyone contemplate living in a 1984-ish type of tyranny, where every step you take, every breath you breathe has to be authorized by Big Brother.

I have made an effort to educate my kids about the real meaning of freedom, the implications of government intrusion into their lives, and the cost of the freedom they cherish. I just wonder if, like in the game of Monopoly, you run out of 'credits', are you automatically taken out of the game? What exactly would that mean?

Jail time, as in the poor-houses of old? Would that mean euthanasia? Or would that create a caste-system, a pool of indentured slaves who must work off the debts they owe?

The whole spectre of things to come makes me very apprehensive. I don't like the looks of our future society if we have forfeited all of our individual human rights for the sake of a slice of bread, a drink of water and a bed to sleep on. With authorization, of course.

by PLR (0 articles, 0 quicklinks, 0 diaries, 7 comments) on Tuesday, June 26, 2007 at 3:09:03 PM