[#3Fan]

Spain was never a country of innovations for several reasons and that had nothing to do with its decline as a world power.

They gave Britain a run for their money before they started stealing gold.

We were not rapidly going downhill before Reagan and were innovating rapidly during all that period you named.

Yeah right. Productivity was going way down. Japan was gaining on us so fast they began buying up our country's real estate. Our cars were falling apart. Bad economic policy is bad for business, and what's bad for business is bad for innovation.

Where do you get the idea that Spain ever exported much of anything? It didn't and was never an economic power.

The indusrtial revolution passed them by because they were too busy stealing gold to worry about actually learning industry.

Your "lurch" comment lurches into insensibility. I have no idea what you mean.

Britain lurched ahead of Spain by industrializing to get Spain's gold.

How do foreigners get rich off the Fed.?

By owning the banks that make out money. Why would private banks do the Fed's work if they weren't making a buck or two?

How do Germans give us our money?

The Fed's reserve is reserved in a collection of private banks in Europe.

We have a trade deficit with them so we are sending them our money not the other way around. Same with the Japanese.

I'm talking about the "reserve" in the Federal Reserve.

Miners now are women too and those jobs are still hideously hard and dangerous.

Women are Marines too and it gets hideously hard and dangerous to be a Marine.

What the Marines have to do with this is beyond me but I am not surprised they were dragged into your posting.

You seem to think harder jobs make people miserable, I think it makes them proud. Hideously hard. American gold mines? I think you're overdoing it a little, aren't you?

[justshutupandtakeit]

Before they started "stealing gold" neither Spain nor Britain was a powerful nation. You need to review some history of the era between 1500 and 1600 clearly you don't understand the international relations of the era.

Your claim was that during the 30 yrs before Reagan we were going downhill. That is simply false. The seventies were problematic for many reasons I don't want to get into now. Japan lost money buying overpriced American real estate lets sell them some more.

By the time the industrial revolution came around Spain was no longer removing much gold from the New World. And the fact that it missed it had nothing to do with the gold from the new world it was missed by France, Italy, Germany, Russia, Poland, and Albania too. None of them were "stealing gold."

By the time England industrialized Spain was a backwater with no gold to steal. What history are you recalling anyway. Certainly not European.

Foreigners don't own the banks (unless they are foreign banks.) Most of the stock of banks is held by Amuricuns.

More nonsense. "The Feds reserves...." Has no meaning thus cannot be adequately responded too.

What do you think the "reserve" in the Federal Reserve is? This should be good.:^)

We agree it gets hard to be a Marine.

Sure miners are proud so are bankers so what? Ask the ones with Black Lung how proud they are. Mining is one of the most difficult, dangerous and least desirable jobs around. Just ask the miners most of whom have little choice in moving to a better one.