1.22.2008

Your house is just a pile of stuff with a cover on it...

Story of Stuff
This flash video in the link above is awesome! A professor showed it in class today, and it deals with our culture of waste, essentially. The video is really well-made, concise, informative, and the website that hosts it is full of info to help you figure out what to do about all this STUFF!!!

And for a lighter take on it all, George Carlin talking about stuff. (or is it "shit?") While you're at it, this Carlin skit "Owners of this country," is fucking excellent. I have always loved this man!

Also, the Fed cut interest rates in an emergency decision last night (doubtlessly stemming from worldwide market troubles evidenced yesterday when our domestic markets were closed) in an effort to jump start our dwindling economy. Thanks Fed, that should fix it all (sarcasm)

If you don't know about this, the general idea is that the Federal Reserve is the private bank (owned by private investors, many of them foreign, and run, with little government oversight, by a presidentially appointed board of governors) that prints and through that and other measures, controls the value of our currency here in the United States. The rate at which they lend this money that they create to banks that in turn lend it to the people is called the discount rate. Also lowered today was the federal funds rate, defined as the rate at which banks make overnight loans to one another, and just like the name of the bank itself, there is nothing "federal" about it. We shall see what happens...
Also, if some kind of aversion to private banks is ringing a bell in your head, you'll remember that indeed maybe the largest reason for the American Revolution was to get away from the Bank of England, a private bank that has a not so cheery history with regards to our forefathers. As stated by someone you may have heard of, Thomas Jefferson, "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 will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Please guys, read about this system that we're all a part of so that one day we can abolish or reform it so that we can really be free.

Some guy with opinions,
Cory

2 comments:

filabusta said...

Great video.


"Nevada, by the way, is known as the Silver State for a reason-its great mining industry produced the precious metal for the beautiful silver dollars minted at the fabled Carson City mint. These constitutional coins, include .775 ounces of silver, in accord with the Coinage Act of 1792. Today these coins, worth $1 in my father's day, have about $14 in silver. That is, the dollar is worth 1/14th of what it was, thanks to the counterfeiting Federal Reserve.

The Fed has again taken our country into a terrible crisis. Who else is talking about honest money that cannot be printed up at will by DC bureaucrats? My opponents in both parties are all some variety of print-and-spend Keynesians. Only we are telling the truth, about who is to blame for this recession, and how we can build real prosperity with sound money, no IRS, no deficit, and strict obedience to the Constitution. And, of course, no hyper-expensive, hyper-dangerous empire all around the globe.
-Ron Paul

ThoughtPolice said...

"The central banks' money market rescue is more like a heart defibrillator than a Heimlich Maneuver: a trip to intensive care is needed afterwards, rather than just a deep breath and drink of water."
What's next? We need better solutions.