The intention of this blog is to be a voice of rationality in a sea of emotional activism in SF. To question the seemingly unquestionable.
UPDATE…think LGF meets Instapundit meets Hubris [the satire blog] meets The Community of heart and love and compassion meets Ayn Rand meets Ken Wilber all sipping a cappuccino in San Francisco watching the sun set while speaking of many things.
There will be penetrative analysis on the WOT as well as an attempt to balance the perspective being displayed in the MSM in general and in San Francisco Group Think in specific.
We will take on a host of issues from entitlements to homelessness to business regulations to economics to war [in the context of everything else] to rent control. You name it, we’re going to look at it. I will personally be looking at it from The perspective of a libertarian with a Misean perspective on economics and a hawkish approach to the WOT. Rich will approach how ever he pleases. We expect to disagree on some issues and a rich dialogue [no pun intended] will ensue.
Comments are open to anyone who registers [your name and email will be used for no other purpose], however defamatory remarks and remarks that are ad-hominum and do not address the issues at hand will be deleted. Comments do not reflect the views of The Golden Gate.
March 17th, 2005 | Misc.
The Creature from Jekyll Island, By G. Edward Griffin… A Second Look at the Federal Reserve. Page 188.
Robert Hemphill was the Credit Manager of the Federal Reserve Bank in Atlanta. In the foreword to a 1936 book by Irving Fisher, entitled 100% Money, Hemphill said this:
If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible—but there it is.
I read this statement to a well known radio talk show host and he was infuriated by what he implied was a lie. I offered to send him the documentation but he said, “Send it, and I’ll put it with the rest of my toilet paper.”
This man is well educated and has a lot of experience in several fields but he was not emotionally capable of accepting the truth. After a similar stressful question, a woman who was more aware and honest answered, “I’m not strong enough to think about that.”
“The few who understand the (banking) system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class. “The great body of people, mentally incapable of comprehending the tremendous advantages (to us) will bear its burden without complaint.”
–Rothschild Brothers of London. Source: In a letter (June, 25, 1863) discussing their new banking scheme with fellow conspirators. (Three words added for clarity.)
How can one, with more proof than is necessary, awaken and motivate victims to defend themselves?
Comment by James Lockwood, C.Ht — March 28, 2005 @ 11:32 pm