Only one of these is real value. The other is backed by confidence. If I was the one generating the confidence, I'd be arrested. Con-man.KISS Keep it Stupid, Simple

I love The Federal Reserve stuff. Why not just say that the Fed is the same as your bank down the street, the US gov't gives them T-bills to pay for the bank to print "money by fiat" money which is money because we say it is. Now, common sense would tell you that this same Federal Reserve would have something of intrinsic value to back up all this money they are printing, since they are the ones making money off the money. Wrong!!! Gong show buzzer here. The American dollars pile up in foreign banks and countries ( that's the deficit) and they're stuck with them, right. Wrong!!! Buzzer again. This country is for sale, so the people with the bags of money can buy in anywhere they want to. This is good and bad because this is Federal Reserve Notes and they should be the collateral for their "fiat" money, not every citizen of this country whose portion of the US resources disappears to make good this Federal Reserve Currency. No gold in Fort Knox. No one ever said that the Federal Reserve money was backed by anything, so when John F. Kennedy was going to print US Treasury Notes, the possibility of money actually backed by the gov't could have had some chain reaction possibilities. Now the Energy Crisis in electricity.

Is this an industry of morons. A group that wastes 3 times more energy in the process of generating the There's no waste energy in this picture, is there? Hot, heat, smoke, steam, those would be clues.product that they sell. Hell no!! Bells and Whistles here. This is the greatest scheme for collecting money in the world. You thought it was about centralized distribution of electricity. Wrong!!! Buzzer, real loud here. It's about centralized collection of money, and there is no inefficiency on this end of the business and that's the only reason this moronic industry exists. Decentralized energy, a power plant in every home and industry. Gets rid of transmission losses and the heat wasted by the current utilities can be used to triple the efficiency instead of being wasted. The excess heat is wasted (maybe you'd like to build next to a nuke plant so you could get free hot water) by utilities and "discos."

Did I forget to explain "discos?" Distributing companies, they don't necessarily own any generating facilities, exempt from most regulation, 8 (eight) holding companies own 54% of this countries utilities production through discos. On the surface it does not make sense. Buy excess capacity that you have to get rid of right now through lines with instant losses. Wrong!! Buzzer again. Exempt holding companies, not subject to regulation, can charge whatever they want for the electric now, ask Californians about this(noThere are alternatives. Who'd have guessed that the alternatives cut old, big money out of the loop? vaseline required). The only thing I am certain of is that the gov't will straighten this out. Wrong!! All the buzzers, pie in the face, drop this guy through the trap door. The utilities collect taxes on this product for the gov't and that would make the gov't their partner. Like I started "keep it stupid simple" or is something backward here.