Understanding The Golden Rule
Ever wanted to know how “the rich get richer, and the poor get poorer?”
The truth is out there if you care to look - plain as daylight, well-documented, and extremely important for you to see and understand the world around you. History is always written by those who are in power…
“I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.” - Thomas Jefferson
“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.” - James Madison
“The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the international bankers was the PRIME reason for the Revolutionary War.” - Benjamin Franklin
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which 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
“I wish it were possible to obtain a single amendment to our Constitution - taking from the federal government their power of borrowing.” - Thomas Jefferson
“The hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency: their sole object is gain.” - Napoleon Bonaparte.
“I have no purpose, directly or indirectly, to interfere with the institution of slavery in the states where it now exists. I believe I have no lawful right to do so, and I have no inclination to do so.” - Abraham Lincoln (months after his election)
“My paramount objective is to save the Union, and it is not either to save or destroy slavery. If I could save the Union without freeing any slave, I would do it.” - Abraham Lincoln (weeks after the first shot of the Civil War was fired at Fort Sumter)
“The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the United States, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world.” - Otto von Bismarck
“The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity. By the adoption of these principles… the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.” - Abraham Lincoln (upon the creation of ‘greenbacks’ as full legal tender in the United States, after refusing to take loans at 24% to 36% interest from New York money changers)
“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.” - Abraham Lincoln
“The death of Lincoln was a disaster for Christendom. There was no man in the Untied States great enough to wear his boots… I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America, and use it systematically to corrupt modern civilization. They will not hesitate to plunge the whole of Christendom into wars and chaos in order that the earth should become their inheritance.” - Otto von Bismarck
“I went to America in the winter of 1872-73, authorized to secure, if I could, the passage of a bill demonetizing silver. It was in the interest of those I represented - the governors of the Bank of England - to have it done. By 1873, gold coins were the only form of coin money.” - Ernest Seyd (based upon the reason that silver was plentiful in the Americas, and thereby virtually uncontrollable by the established banking cartel in Europe)
“It is advisable to do all in your power to sustain such prominent daily and weekly newspapers, especially the Agricultural and Religious Press, as will oppose the greenback issue of paper money and that you will also withhold patronage from all applicants who are not willing to oppose the government issue of money… To repeal the Act creating bank notes, or to restore to circulation the government issue of money will be to provide the people with money and will therefore seriously affect our individual profits as bankers and lenders. See your Congressman at once and engage him to support our interest that we may control legislation.” - James Buel, American Bankers Association [1877]
“Whosoever controls the volume of money in any country is absolute master of all industry and commerce… And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” - James Garfield (weeks before his assassination)
“The Aldrich bill was condemned in the platform… when Woodrow Wilson was nominated… The men who ruled the Democratic party promised the people that if they were returned to power there would be no central bank established here while they held the reins of government. Thirteen months later that promise was broken, and the Wilson administration, under the tutelage of those sinister Wall Street figures who stood behind Colonel House, established here in our free country the worm-eaten monarchical institution of the ‘king’s bank’ to control us from the top downward, and to shackle us from the cradle to the grave.” - Rep. Louis McFadden (D-PA)
“The … bill grants just what Wall Street and the big banks for twenty-five years have been striving for - private instead of public control of currency. [The Glass-Owen bill] does this as completely as the Aldrich Bill. Both measures rob the government and the people of all effective control over the public’s money and vest in the banks exclusively the dangerous power to make money among the people scare or plenty.” - Alfred Crozier, Ohio attorney
“This [Federal Reserve] Act establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed… The worst legislative crime of the ages is perpetrated by this banking bill.” - Rep. Charles Lindbergh (R-MN)
“To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate… producing an expansion of credit and a rising stock market; then when… business men are adjusted to these conditions, it can check… prosperity in mid-career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation, and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money. They know in advance when to create panics to their advantage. They also know when to stop panic. Inflation and deflation work equally well for them when they control finance…” - Rep. Charles Lindbergh (R-MN)
“[The fed reserve act brought about...] A super-state controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure.” - Rep. Louis McFadden (D-PA, Chairman of the House Banking and Currency from 1920 - 1931)
“In the United States today we have in effect two governments… We have the duly constituted Government… Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution.” - Rep. Wright Patman (D-TX)
“If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people.” - Thomas Edison
“A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.” - Woodrow Wilson
“Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.” - Woodrow Wilson
“We have restricted credit, we have restricted opportunity, we have controlled development, and 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
“If one understands that socialism is not a share-the-wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of super-rich men promoting socialism becomes no paradox at all. Instead, it becomes logical, even the perfect tool of power-seeking megalomaniacs. Communism, or more accurately, socialism, is not a movement of the downtrodden masses, but of the economic elite.” - Gary Allen
“Power from any source tends to create an appetite for additional power… It was almost inevitable that the super-rich would one day aspire to control not only their own wealth, but the wealth of the whole world. To achieve this, they were perfectly willing to feed the ambitions of the power-hungry political conspirators who were committed to the overthrow of all existing governments and the establishments of a central world-wide dictatorship.” - W. Cleon Skousen
“The state does not function as we desired. The car does not obey. A man is at the wheel and seems to lead it, but the car does not drive in the desired direction. It moves as another force wishes.” - Vladamir Lenin
“The course of Russian history has, indeed, been greatly affected by the operations of international bankers… The Soviet Government has been given United States Treasure funds by the Federal Reserve Board… acting through the Chase Bank. England has drawn money from us through the Federal Reserve banks and has re-lent it at high rates of interest to the Soviet Government… The Dniepersotory Dam was built with funds unlawfully taken from the United States Treasury by the corrupt and dishonest Federal Reserve Board and the Federal Reserve banks.” - Rep. Louis T. McFadden (D-PA)
“These International bankers and Rockefeller-Standard Oil interests control the majority of newspapers and the columns of these papers to club into submission or drive out of public office officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government.” - Theodore Roosevelt
“The warning of Theodore Roosevelt has much timeliness today, for the real menace of our republic is this invisible government which like a giant octopus sprawls its slimy length over city, state, and nation… It seizes in its long and powerful tentacles our executive officers, our legislative bodies, our schools, our courts, our newspapers, and every agency created for the public protection… To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interest and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes. They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business… These international bankers and Rockefeller-Standard Oil interests control the majority of newspapers and magazines in this country.” - John Hylan (Mayor of New York, New York Times, March 26, 1922)
“It was not accidental. It was a carefully contrived occurrence… The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.” - Rep. Louis T. McFadden (D-PA)
“I think it can hardly be disputed that the statesman and financiers of Europe are ready to take almost any means to reacquire rapidly the gold stock which Europe lost to America as the result of World War I.” - Rep. Louis T. McFadden (D-PA)
“Actually, it was the calculated ’shearing’ of the public by the World-Money powers triggered by the planned sudden shortage of call money in the New York Money Market.” - Curtis Dall, son-in-law of FDR
“The Federal Reserve definitely caused the Great depression by contracting the amount of currency in circulation by one-third from 1929 to 1933.” - Milton Freidman (Nobel Prize-winning economist)
“After WWI, Germany fell into the hands of the German international bankers. Those bankers brought her and they now own her, lock, stock, and barrel. They have purchased her industries, they have mortgages on her soil, they control her production, they control all her public utilities. The international German bankers have subsidized the present Government of Germany and they have also supplied every dollar of the money Adolph Hitler has used in his lavish campaign to build up a threat to the government of Bruening. When Bruening fails to obey the orders of the German International Bankers, Hitler is brought forth to scare the Germans into submission… Through the Federal Reserve Board… over $30 billions of American money… has been pumped into Germany… You have all heard of the spending that has taken place in Germany… Modernistic dwellings, her great planetariums, her gymnasiums, her swimming pools, her fine public highways, her perfect factories. All this was done on our money. All this was given to Germany through the Federal Reserve Board. The Federal Reserve Board… has pumped so many billions of dollars into Germany that they dare not name the total.” - Rep. Louis T. McFadden (D-PA)
“Practices of the unscrupulous money changers stand indicted in the court of public opinion, rejected by the hearts and minds of men… The money changes have fled from their high seats in the temple of our civilization.” - Franklin D. Roosevelt (during his inaugural speech to our nation)
“Allegations of missing gold from our Fort Knox vaults are being widely discussed in European financial circles. But what is puzzling is that the Administration is not hastening to demonstrate conclusively that there is no cause for concern over our gold treasure - if indeed it is in a position to do so.” - Edith Roosevelt
“The powers of financial capitalism had [a] far-reaching [plan], nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalistic fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… Sought to dominate its government by its ability to control treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.” - Carroll Quigley (Professor, Georgetown University)
“The stock of money, prices, and output was decidedly more unstable after the establishment of the Reserve System than before. The most dramatic period of instability in output was, of course, the period between the two wars, which includes the severe [monetary] contractions of 1920-21, 1929-33, and 1937-38. No other 20-year period in American history contains as many as three such severe contractions. This evidence persuades me that at least a third of the price rise during and just after World War I is attributable to the establishment of the Federal Reserve System… and that the severity of each of the major contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities… Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank… To paraphrase Clemenceau: money is much too serious a matter to be left to the central bankers.” - Milton Friedman
“I know of no severe depression, in any country or any time, that was not accompanied by a sharp decline in the stock of money, and equally of no sharp decline in the stock of money that was not accompanied by a severe depression.” - Milton Friedman
“Banking is conceived in iniquity and born in sin. Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with the flick of a pen they will create enough money to buy it back again. Take this great power away from the bankers and all great fortunes like mine will disappear, and they ought to disappear, for this world would be a better and happier world to live in. But if you want to continue the slaves of bankers and pay the cost of your own slavery, let them continue to create money and to control credit.” - Sir Josiah Stamp
“On the one side there is the party which holds the power because it holds the wealth; which has in its grasp all labor and all trade, which manipulates for its own benefit and its own purposes all the sources of supply, and which is powerfully represented in the councils of State itself. On the other side there is the needy and powerless multitude, sore and suffering. Rapacious usury, which, although more than once condemned by the Church, is nevertheless under a different form but with the same guilt, still practiced by avaricious and grasping men… so that a small number of very rich men have been able to lay upon the masses of the poor a yoke little better than slavery itself.” - Pope Leo XIII
“In our days not alone is wealth accumulated, but immense power and despotic economic domination is concentrated in the hands of a few… This power becomes particularly irresistible when exercised by those who, because they hold and control money, are able also to govern credit and determine its allotment, for this reason supplying, so to speak, the life-blood to the entire economic body, and grasping, as it were, in their hands the very soul of the economy so that no one dare breathe against their will.” - Pope Pius XI
Doesn’t matter if you’re black or white, you’re a slave in America.
Most of us are sadly under the delusion that either a Democratic or Republican candidate would save us and the freedoms which are actively being stripped away from us. Both leading political parties are equally as corrupt, so [if you'll pardon the all-too-familiar religious card] finding salvation with either devil will lead you nowhere but straight into hell.
We keep ourselves busy fighting over issues like abortion, gay rights, Medicare - and while these are VERY important issues to discuss, they serve to divide and disguise the real issue at hand: that America is no longer a country for the people and by the people, but an un-country that is ruled by corporations and private interests.
Let me put it to you another way: does foreign policy REALLY matter if a single group already controls both sides and wins, no matter the outcome? This is not a conspiracy theory. This is documented history. Our forefathers knew exactly what they were doing, and it’s about time you open your eyes and figure that out for yourself.
Money reform is the superlative issue for America and the rest of the world.
Under this illusion of a country, we all became, and remain, slaves. You have more power than you think you do, although it doesn’t begin and end with voting. Understand, too, that the tally infrastructure of the United States is already corrupted - and remains completely unchecked.
Vote for Hillary. Vote for Obama. Vote for Mitt. Vote for Guliani. They’re all the same. None of them are talking about the true issue at hand. They understand how the system works, and pray that you stay in the dark for the rest of your life - and never tell your children how and where they lost control of their country.
You will be kept in the dark, with radical assertions such as this very post swept aside as alarmist or conspiratorial in nature. People like me will be chastised, labeled unpatriotic, slandered, debunked, and dismissed. Why? Because I’m not telling you to vote…
…I’m telling you to THINK.
In the interest of transparency: I never quite understood how economics worked beyond supply and demand, I never did well with complex mathematical equations, and I once stood partially naked on the bough of a Holland America cruise ship while visiting the Hubbard Glacier in the summer 2006. Does that make me any less of an American? You don’t need to be a rocket scientist, nor a world-class intellectual, to put two and two together here!
I believe in capitalism - I believe in free markets, free enterprise. But we do not live in a society (or a world) that enables these markets to exist truly - so long as money is controlled and “governed” by a single source. It’s not just the purchased politicians; we are equally a part of the puppet show, just as easily swayed and controlled.
You should be outraged.
And if you’re still not following me, take three and a half hours out of your life and watch this very powerful documentary. The Money Masters should be viewed by every single American who gives a lick about our country and its future. Share this information, share this video, show your children, forcibly remove your head from the sand:
A solution is outlined near the end of the video (and still a subject for truly independent discussion).
This is what we should be demanding of our elected officials - this discussion - this, and nothing else that would keep us living under tyranny, blindly and boldy marching forward into a single world economy (read: currency) ruled by a single world government. At that point, you’ll only wish you could complain about Medicare, gay rights, or abortion - issues which pale by comparison.
How much more power are you willing to concede?
“We are on the verge of a global transformation. All we need is the right major crisis and the nation will accept the New World Order.” - David Rockefeller
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33 Comments
Pasco A300
November 30th, 1999
at 12:00am
I was feeling pretty good about life this fine Saturday morning. Until tech commentator Chris Pirillo broke the story that we’re all slaves of international bankers. I may live badly, but wouldn’t quite call it slavery if my biggest annoyances revolve around the imperfections of computer keyboards and digital cameras. I doubt actual slaves get in as much nap time and aimless web surfing as I do. Also, I use a
The Chris Pirillo Show
November 30th, 1999
at 12:00am
[IMG] Chris Pirillo Understanding The Golden Rule Video is an Amazing Advertising Platform The President vs The Constitution How to Choose a Moving Company America Doesn?t Belong to Americans Anymore Face Recognition for Windows Login Ron Paul Wins my Vote
WinExtra | wandering the wilderness of technology and the Internet
November 30th, 1999
at 12:00am
advertising with Chris Pirillo that they will be looking at and while you might want to argue against it you know as well as anyone the vagaries of the advertising world. All that said and returning to your once wishful private blog much of what you have been writing about in the past little while is enough of a borderline controversial type of stuff that it can make advertisers very very nervous. Advertising by its very nature abhors controversy not to mention gets real pissy when you go attacking the
Life On the Wicked Stage: Act 2
November 30th, 1999
at 12:00am
return on human stupidity. He sells humans far too short. And in another Washington Post article, Anthony Faiola, discusses geek culture and how geeks banding together and creating a geek social scene, which is changing the definition of nerd. Uber-Geek Chris Pirillo has been pushing politics lately. He’s own a tear ranting about how the financial lever pullers really run things. (Amazing he’s just figured this out.) And he’s been sorta hyping Ron Paul because of his stance on this issue.
Macro_Pheliac
July 13th, 2007
at 9:56pm
Step 3 says to Repeal the Federal Reserve Act…many would speculate that such action would lead to inflation.
Everything else seems like good ideas, but I really don’t think there’s a perfect key to reforming the economy.
Twila_Zoned
July 13th, 2007
at 10:04pm
Damn Chris! Rock on dude! You did your homework on this one (as always)!
Joshua James
July 13th, 2007
at 10:08pm
Well put.
Christian Burns
July 13th, 2007
at 10:30pm
I think you should really try to do a long interview with http://en.wikipedia.org/wiki/G._Edward_Griffin G Edward Griffin, maybe even like once a week to really dig through some of this stuff.
Jason Turner
July 13th, 2007
at 10:46pm
Ditto’s my friend. I am glad that we have at least a few of us who see this. We are the truly free in this way. While we may not be fully out of bondage by the situation we are in by our presence here, we are free in that we are aware of the straps that bind us while others are not.
Jamuraa
July 13th, 2007
at 11:58pm
Step number one doesn’t work. It’s exactly what most third-world despots try to do as soon as they get into power. Print more money to pay off the debt doesn’t work because it’s not tied to anything, and if it is tied to something, it doesn’t work because of basic economics: you can’t make more of a scarce resource without devaluing that resource.
TPN :: GDay World » Blog Archive » Cam’s World 14 July, 2007
July 14th, 2007
at 1:07am
[...] Chris Pirillo is getting up to speed on the problems inherent in the American system of democracy and capitalism. Interesting to see someone like Chris speaking out about this. Watch the first ten minutes of the video he’s linked to. [...]
Sal Distefano
July 14th, 2007
at 7:13am
What will be the catalyst for change? I read items like this quite often along with others who strongly agree with the topic presented. As you show in this post people have been told about this issue and others for hundreds of years. Yet things are not as they should be. How do we get from here to there?
Andrew
July 14th, 2007
at 10:08am
Chris,
One comment on this “rant” regarding doctors who would “want” free healthcare…
if anyone does look at the Canadian model, you’ll see that it’s doctors who realize that the 100% free healthcare model simply doesn’t work.
I recently had to go to the hospital for a battery of tests: 5 x-rays (including back and head), MRI, ECG, plus an entire day in hospital with an ambulance ride there.
Many Canadian hospitals send you a “bill” that you don’t have to pay but simply so that you are aware of the costs…after seeing my bill, I wanted to say “let me PAY it” - it was $450. (the $250 ambulance ride was knocked down to $50 because I needed it).
Many Canadian doctors are leaving or closing up shop because they don’t get millions for “free” healthcare - rather they have to keep working as slaves (they get less than $40 for a single visit - talk to your plumber the next time that happens)
Great post - but Americans should realize that “free” healthcare does NOT work in the doctor’s best interest - it works in the “corporations” and “bureaucracies”
Ms. Wahala
July 14th, 2007
at 10:29am
“Doesn’t matter if you’re black or white, you’re a slave in America.” As a black girl I have to say, it’s about time people started realizing this. It’s even worse, Way worse if you don’t work for yourself or a company you founded…
Andrew
July 14th, 2007
at 11:31am
Sorry, Chris - my earlier comment was meant for a previous post - I’m moving it there now.
Andrew
July 14th, 2007
at 12:20pm
America has never been the “perfect” capitalist society - it has only ever been the “closest thing to” a capitalist society and that was in a much younger time.
Sadly, in order to get there, a major change would be required… Hmm…how to get there…if only there was a book that could explain it..oh yeah, there was…Atlas Shrugged. Ayn Rand. Find it. Read it. Then live it. Be prepared for the consequences but then we’ll all be on the way.
Okay, enough rant there - but I had discussions about 7 years ago with an economist who commented on the upcoming decline of the US economy because it moved away from gold.
Interesting to see what may happen in the coming years…
francine hardaway
July 14th, 2007
at 2:52pm
Of course money has always been known to be the root of all evil, and you can tell that money is concentrated in few hands by how rich the hedge fund managers. I do believe we shouldn’t have paper money, and we should not let the government borrow. If the government couldn’t borrow, we couldn’t sustain this war (or any war).
James Robertson
July 14th, 2007
at 4:44pm
Thank you for publishing this article, I probably wouldn’t have paid that much attention without the video. I’ve always wondered what’s to stop a corrupt country from printing as many bank notes as it wanted, this has partly helped explain what goes on.
Ben Fulton
July 14th, 2007
at 7:00pm
Ah, the conspiracy theory du jour.
Kolin
July 14th, 2007
at 11:21pm
Yes, I agree, money by allmeans control all of us, and many can do nothing to get out of poverty but die…
DarkAlly
July 15th, 2007
at 5:52am
This scares me almost as much as global warming…I feel this would be harder to fight than changing people to be more conscientious of the environment.
Evelyn Rodriguez
July 15th, 2007
at 10:09pm
Wow, Chris, this is fantastic. I’ve been thinking lately along same lines myself too about money reform especially in regards to fact that a huge part of disposable income goes to the mortgage companies, banks, utilities every month. Lately, musing local currencies more and more since witnessing how insurance companies, mortgage companies, out of state banks, landlords, developers et al are ******** many folks in New Orleans. Most people are beholden to a bank, and banks aren’t very flexible.
Friday, Miss Rogue gave me a copy of “The Gift: Imagination and the Erotic Life of Property.” I’ve been thinking about self-insurance cooperatives, etc too. Anyhow, next time you’re in S.F. we ought to chat about this currency project I’m working on. Maybe I’ll blog more about it, but trying to keep it somewhat underground too.
http://www.twitter.com/eve11
Evelyn Rodriguez
July 15th, 2007
at 10:16pm
That was scr*wed as in f*cked over. BTW, just reading fascinating case study yesterday about Worgl, a small Austrian town during Depression that revived its town through social capital/local currency. (See: http://www.westsong.com/snv/localcurrency.html - you can also google Worgl relief money, and combinations like that, etc.)
Conservatives Under New Thinking » Two Parties? What Two Parties?
July 16th, 2007
at 4:10am
[...] Chris Pirillo, who used to be on Tech TV, has a post that it somewhat unusual for him. It’s pretty much an indictment of the current Federal Reserve System, and an indictment of the two party system. While some may say that it’s a post best reserved for the black heliciopter crowd, the main point of the post is to use the little grey cells, and think for yourself. I couldnt agree more with that. Posted by admin [...]
Andrew
July 16th, 2007
at 10:43am
Money is *not* the root of all evil. It’s LOVE of money that is more acurately the root - or lack of respect for money.
Money is simply a commodity - the commodity by which we get paid and by which we buy things. How is that evil?
What is sad is the way those who need money are so willing to blame money (as though IT did something) when in fact, the ones to blame are the those who are elected (through voting or by BUYING their goods).
If everyone stopped buying McDonalds, would you need a Big Mac?
If everyone stopped buying guns, would you need bullets?
Money is the commodity by which you choose, directly or indirectly, what you support.
You volunteer your time? You are taking the money that you would have otherwise earned and putting it to something you care about. You donate to charity? The same rule applies.
So what do you spend most of your money on?
If everyone stopped paying taxes, what would happen?
FatsLeroy.com : Understanding The Golden Rule
July 17th, 2007
at 9:36pm
[...] [ Chris Pirillo ] [...]
John Doe
July 18th, 2007
at 11:51am
Chris,
You might also want to watch the following films:
ZEITGEIST, The Movie - Official Release - Part 3 of 3
http://video.google.com/videoplay?docid=497251819335380093
America: Freedom to Fascism
http://video.google.com/videoplay?docid=-1656880303867390173
george washington
July 30th, 2007
at 5:24am
I HAD A TAPE CALLED THE FED ,IRS AND FEDERAL RESERVE A LEGACY OF LIES AND DECEPTION;GOOD STUFF. ITS HARD TO FIND AN OBJECTIVE MEDIUM;TO HELP PEOPLE UNDERSTAND,TV WOULD BE A GOOD ONE; BUT A GUESS ULTIMITLY TV IS OWNED BY BANKS.IF YOU COULD GET CONTROL OF TV YOU COULD INFLUENCE OBJECTIVE CONSCIENCE THOUGHT INSTEAD OF CORP SUBJECTIVE THOUGHT SO TURN TV OVER TO THE PEOPLE BY THE PEOPLE AND START INFLUENCING ARE BEST INTERESTS
Philip Kindred
August 20th, 2007
at 1:59pm
Okay gentlemen. As an academic and a former banker, let me help you cut through some of the nonsense on this contentious issue: Mr. Pirillo’s revelation is . . . essentially correct.
Upon discovery, so many remain doubtful because of one simple fact:
It seems so simple.
i.e., IF it were this simple, why then is this view such a revelation?
Answer: deliberate obfuscation. No, I won’t require that you look that word up. It means: shrouding, covering up, to conceal, veil, mask, shade, becloud, cloak, befog . . . get it?
And among these efforts of obfuscation you will find . . . stay with me, please . . . the very texts that “the aroused” would recommend that you inform yourselves with. I won’t deign to list them all but suffice to say they are more than half the sources cited so far in this discussion, and I am including those sources cited by Mr. Pirillo. Keep this in mind: it isn’t by accident that something so simple has been relegated to the dusty shelves of “conspiracy theory.”
Please . . . for a clear-headed and straightforward treatment of the base issue, please consult an esteemed economist representing this viewpoint. Shockingly – this modifier is used in jest – there is an entire academic foundation representing this viewpoint: the Austrian school of economics, virtually at mises.org and geographically not in Europe, but Alabama. Oh! Lest you now jump to think that this is a Southern conspiracy let me recommend a leading voice of this school who made his academic home in New York. Do please consult a slim, readable volume: Murray Rothbard’s “Case Against The Fed.”
For those in need of requisite hyperbole: “One fourth the length, bigger type, and faster turning pages than any Dan Brown novel!!”
Here you won’t find tales of secret rituals and eugenics masterminded by descendents of Knights Templar, though I am not here asserting that those subjects are (entirely) spurious. Also here you won’t find obfuscating (. . . get it?) econometric models illustrated by complex charts which require an intellectual slave to submit to his monetarist master.
No, here you will find a meticulously researched primer in banking that was predictably omitted from your basic business education, should you have tried that path. Using no more than simple arithmetic and models no more complex than “T” tables, Rothbard reconstructs basics of money, banking, and history of the factions who created the Fed. Ever practical, Rothbard ends with a common-sense scenario for what is, to the obfuscated, the most Unthinkable Act: dismantling of the Fed and return to “hard” money.
Summary: do please file away your conspiracy theories under “For Future Reference” and practice some Xtian live-and-let-live for our closeted leaders, blowing off steam as they cavort about their groves bohemian-style. Don’t concern yourself with that, for now. Why obfuscate?
Just get the facts. I recommend Rothbard’s “Case Against The Fed.”
Real Estate Zealot
September 15th, 2007
at 7:12pm
Subprime Mess Or another Golden Rule Lesson? I am pretty much sick and tired of the Sub prime Meltdown-Credit Crunch-How did this happen headlines. This is just another distraction in the ongoing, world wide banking debacle.Thank you, Criss Pirillo for your wonderful post on “Understanding The Golden Rule”..or better known as “Whoever has the Gold, makes the rules”. So, Welcome my friends, to the world of “Banksters”. Who really set up the easy credit for the past six years? How about the
Real Estate Zealot
September 27th, 2007
at 5:14pm
I am pretty much sick and tired of the Sub prime Meltdown-Credit Crunch-How did this happen headlines. This is just another distraction in the ongoing, world wide banking debacle.Thank you, Criss Pirillofor your wonderful post on “Understanding The Golden Rule”..or better known as “Whoever has the Gold, makes the rules”. So, Welcome my friends, to the world of “Banksters”. Who really set up the easy credit for the past six years?
Bloggers Committing Brand Hari Kari
October 23rd, 2008
at 5:01pm
[...] that said and returning to your once wishful private blog much of what you have been writing about in the past little while is enough of a borderline controversial type of [...]
dougg
February 6th, 2009
at 2:09pm
I wish I saw this video in 2007! On 2/6/09, hind site is 100% accurate. Right now I feel we are on a cusp, with any disaster sending us down farther. Will the Obama stimulus package turn this depression into a recession? Do I bet on America (stocks recovering) or against it (shorting Treasuries)
Things are so out of control I am not sure the Fed is still running the show. Most major banks are or will be insolvent after creating derivitive securities based on sub prime home loans. Congress helped this along by making no doc, no down payment loans available.
No one knows what these financial instruments are worth, much less understand them. The banks sold these instruments, now show losses on the books and are asking for taxpayer bailouts. The US is issuing Treasuries to make these loans inflate the credit and money flow. Classic privatise profits, publicise losses.