Ron Paul has been warning us of the vagaries of the Fed and urging us to go back to the gold standard.
Feh. How old fashioned! What’s gold anyway? Just some shiny stuff some people use to cap bad teeth. It can’t even whistle “Dixie,” let alone play the Beatles Songbook, The Godfather, make a Skype call and monitor your blood pressure all at the same time. That takes something of real value – like the iPhone.
And, boy, is it valuable. Apple just announced its profits went up a staggering 118% this quarter. Stock is over 450 at this moment, trading at record highs. The company has more money than the US Mint or any other mint. They’re making products everyone in the world wants and they haven’t even started producing a TV yet – although that is apparently about to happen. Look out everybody else. Why didn’t they just give General Motors to Apple instead of wasting taxpayer dollars on that absurd bailout? They would have been producing the best cars in the world by now, instead of the hapless Volt.
So, Ron Paul, how about it? Why not base our currency on the real standard – Apple? Good-bye Alexander Hamilton. Hello, Steve Jobs.
“Why didn’t they just give General Motors to Apple instead of wasting taxpayer dollars on that absurd bailout?”
You really think Apple was that stupid to take that albatross?
Apple creates its own market with almost-perfect-products that people want.
GM is making shoddy products that nobody wants.
You’ve got a point, icc. But I sure would like to see an iCar. Wouldn’t that have been the most incredible “One more thing”?
According to the memoirs, Mr. Jobs left the company with approximately four years of guidance with respect to product design and development. Let us not forget that period that Apple was without the hand of Jobs on the tiller and barking orders to the crew. The proof will be in the pie that is made from Apple in the coming four years. Can they find a capable CEO to guide them like GE did? Or will they end up with a third rate coach and hemorrhaging talent like HP or Big Blue.
I too would have liked to see what Steve thought a car should be. But if memory serves he didn’t particularly care for automotive things.
“Can they find a capable CEO to guide them like GE did?”
Are your talking about the current CEO, Obama’s toady? Better not.
An iCar will be a giant iPad with humans lounging inside. An iCar levitates forward, backward, upward, downward, sideways, with iPod wheel for steering, Siri to give directions, run by an octo-core processor, top and side windows feature a Retina Display screen with resolution of 2048 x 1536 pixels depicting the environs more clearly and precisely than reality.
Joe Haldeman did that in a bunch of his short stories, where stock in, IIRC, the company that created the FTL drive was used as the standard supra-currency.