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Wednesday, April 16, 2008
SPEAKING WORDS OF WISDOM.....
Wisdom is the principal thing; therefore get wisdom: and with all thy getting, get understanding. - Proverbs 4:7
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So now we know that Moises Alou could NOT have caught the infamous "Bartman" ball. Anyone with half a brain knew that did not cost the Cubs that game. The booted DP grounder. Prior's failure to toughen up and close the deal. Dusty sitting on his hands while his team collapsed. All of these were larger factors.
But, Moises, don't you think you could have done the kid a favor and let the public know that night, that you didn't think you could have caught the ball anyway?
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I place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. -
President Thomas Jefferson 1743-1826
I guess the horse has really left the barn on this one. And maybe some of the following issues cited below. You know I'll bet a lot more people were glued to the stupid Roger Clemens hearings, which were held by the way on the same day that important national security issues were being debated but not acted on, while the nations banking and financial structure was crumbling and cracking and literally pushed to the edge of a cliff, as demonstrated by the Bear Stearns debacle.
The week after the Clemens hearings of course there was the obligatory hearings with Bernanke explaining the Fed's actions in l'affaire Bear Stearns, as well as the CEO's of Bear Stearns and J.P. Morgan.
Now, these hearing were much more relevant and important to the daily lives of American citizens, but it didn't have the sex appeal of the Clemens hearings, or CSI, or American Idol, for that matter. Even the Presidential debates probably draw more interest, albeit not much more. But in reality, these hearings on the financial systems recent crises, was far more educational and relevant.
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FROM FINANCIALSENSE.COM
Silver, Gold & The Last American Hero JFK
by Darryl Schoon | March 31, 2008
http://www.financialsense.com/fsu/editorials/schoon/2008/0331.html
In 1913, as a result of intense lobbying by business and banking interests, the US government had turned over the power to issue US currency to a group of private bankers—the Federal Reserve Bank. Many believe this transfer was unconstitutional. US presidential candidate and Congressman Ron Paul (ranking member of the House Subcommittee on Domestic Monetary Policy) has stated:
The United States Constitution grants to Congress the authority to coin money and regulate the value of the currency. The Constitution does not give Congress the authority to delegate control over monetary policy to a central bank. Furthermore, the Constitution certainly does not empower the federal government to erode the American standard of living via an inflationary monetary policy.
The power to coin money and regulate the value of the currency is among the most important responsibilities and functions of government. That the US government in 1913 turned over this public function to a group of private bankers is astounding.
As a consequence, almost one hundred later, the US and its citizens are now on the edge of bankruptcy, indebted up to their eyeballs to the very bankers they gave the power to coin their money and regulate their currency, private bankers who are even now being bailed out by America taxpayers with money made available to them by their fellow-bankers at the Federal Reserve. HELLO AMERICA, ARE YOU THERE? CAN YOU HEAR? ARE YOU EVEN LISTENING?
For almost one hundred years in America, private bankers through the Federal Reserve Bank have had a monopoly on the printing and issuance of US currency. In that time they have inflated the US money supply to such a degree the US dollar has lost 95 % of its purchasing power and again brought the nation to the edge of economic ruin.
"…we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks. The Federal Reserve Board, a Government board, has cheated the Government of the United States and the people of the United States out of enough money to pay the national debt. These twelve private credit monopolies were deceitfully and disloyally foisted upon this country by the bankers who came here from Europe and repaid us for our hospitality by undermining our American institutions...The people have a valid claim against the Federal Reserve Board and the Federal Reserve banks." - Congressman Louis T. McFadden, Chairman of the House Committee on Banking and Currency from 1920–31
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The Die is Cast
The Cast Will Die
by Darryl Schoon | March 24, 2008
http://www.financialsense.com/fsu/editorials/schoon/2008/0324.html
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, (i.e., the "business cycle") the banks and corporations that will grow up around them will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." - Thomas Jefferson, President of the United States 1801-1809
If Thomas Jefferson were running for the US presidency and spoke the words he uttered two centuries ago, he would be marginalized by today’s press just as Ron Paul has been marginalized in his campaign for the US presidency.
"I believe that banking institutions are more dangerous to our liberties than standing armies." - Thomas Jefferson, 1816
We can do no better than to repeat and reread the words of US President Woodrow Wilson who signed the despicable Federal Reserve Act into law. Those words were uttered and written almost one century ago. His words were true then; they are even truer today.
"We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men." - Woodrow Wilson, President of the United States 1913-1921
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