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The Elite only look to invest their wealth in THREE things:

1. Precious Metals (Gold and Silver, mostly)
2. Energy (that would be, Crude Oil – at least up until now)
3. Real Estate

For centuries Royal (Re-als) have always claimed ownership over land. I don’t know how or when such a damned-fooled idea came about that only ONE person in an entire community should have exclusive RIGHTS to collect RENT from the rest came about – but it did. And since that time Royal Estates were established, where you could farm all you liked, so long as you paid some portion of what you made to those who – ahem – OWNED the Land.

If you think these people were silly for allowing this, consider that one day, Carbon Dioxide might be taxed – effectively bringing into play – the ownership of the AIR THAT YOU BREATHE!

Rent – is an amazing idea in itself. It meant that you could make a living from doing absolutely NOTHING. As long as you owned enough land, and as long as you had enough peasants/slaves/citizens to work it – you need not lift a finger to provide for your own sustenance. What a HOOT!

Farmed produce, unfortunately doesn’t last forever. So if you kept your share of grain, taxed from the hand of the hard-working peasant for too long – it would soon lose its value. So another STORE OF VALUE needed to be found. And there was no better than Gold. Here was a metal that would not rust or rot – no matter how badly it was kept. Best of all, it was SCARCE and required a great deal of effort to find and collect. Other precious metals with somewhat similar qualities – like silver were sometimes just as good – although not quite as scarce.

For centuries, only these two forms of wealth reigned supreme:

Land and Precious Metals.

One generated wealth – while the other, preserved it.

Enter: Crude Oil.

(Or, more precisely – Consumeable Energy Sources!)

Now there suddenly appears a three-point Triangle of Wealth. Oil had a multiplier effect on the growth of wealth that human society had never seen before in its history. It allowed society to COMPLEXIFY in a way that almost no one could foresee. It also created a NEW way to GENERATE WEALTH!

The Consumer – was born.

What happens when one day – the oil wells run dry?
The Consumer will Vanish. Only the Gold/Silver and Land – will remain.
Along with those who OWN THEM BOTH!

Party! Party! Party!!!
All night long – and into the dawn!

And even Anderson Cooper and crew get in on some of the action – Party! Party! Party!!!

Talk about Party Animals! – Camels and Horses? – Woo Hoo!!!

All they need now – is the beer!
Cheers!!!

(Addendum)

It happened around 415-416 AD – but History seems to be repeating itself.

Alexandria had the GREATEST Library in the History of Classical civilization – and one day, on a day just like today – it was no more. Burnt to the ground by a mob of slaves led by Cyril, the Bishop of Alexandria. Mankind slipped into an ignorant slumber for nearly 1200 years after its fall.

“There is no record, in the entire history of the Library that ANY of the illustrious scholars and scientists who worked here, ever seriously challenged a single political or economic or religious assumption – of the society in which they lived.
The Permanence of Stars was Questioned – the Justice of Slavery, was not
– Carl Sagan

Fast-forward to Egypt – circa, January 25th – 30th, 2011



The Internet is OUR Library of Alexandria.
Will it see the same fate as the papyrus filled one of Ancient Alexandria?

This time – it may be the Elite – who finally shut it down – forever.

Update: 4th Feb 2011 – Alexandria TODAY

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