Money – The Root Of All Good

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“Money, The Root Of All Good,”  Atlas Shrugged, (1957) by Ayn Rand:

“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with one another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil? Continue reading →

Gaza Flotilla Like Jewish Refugees In Exodus Says Former Mossad Agent

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Victor Ostrovsky in SpyTalk at The Washington Post:

“The Israeli commando attack on a civilian flotilla was “so stupid it is stupefying,” says former Mossad agent Victor Ostrovsky. Ostrovsky spent six years in the Israeli navy, rising to the rank of lieutenant commander before Mossad recruited him in 1982. He quit after four years and in the 1990s he wrote two highly critical, first-person books about the intelligence service. Continue reading →

Albert J. Nock On The Criminality Of The State

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Albert J. Nock in The Criminality of the State, March 1939:

“In this way, perhaps, our people might get into their heads some glimmering of the fact that the State’s criminality is nothing new and nothing to be wondered at. It began when the first predatory group of men clustered together and formed the State, and it will continue as long as the State exists in the world, because the State is fundamentally an anti-social institution, fundamentally criminal. Continue reading →

Rudolf Steiner On Why Plutocrats Love Democracy

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“It is interesting that the excellent statement was made in 1910 [by Francis Delaisi, La Démocratie et les Financiers, 1910]: ‘… that big capital has succeeded in creating out of democracy the most wonderful, the most effective, the most flexible instrument for the exploitation of the population as a whole. Continue reading →

Warren Buffett: Apologist For The Kleptocracy?

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AP Reports:

“Billionaire investor Warren Buffett on Wednesday defended credit rating agencies that gave overly positive grades to mortgage-related investments before the housing bust. He said the agencies were among many who missed warnings signs of the crisis.

“They made the wrong call,” Buffett acknowledged.

But he said he counted himself among those who failed to foresee the collapse of the housing bubble. Buffett called it the “greatest bubble” he had ever seen.

“The entire American public was caught up in a belief that housing prices could not fall dramatically,” Buffett told a congressionally chartered panel investigating the financial crisis. Had he known how bad it would get, Buffett said he would have sold his company’s stake in Moody’s.” Continue reading →

The Cosmic Serpent And DNA

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More on the symbolism of the serpent in various forms (dragon, caduceus, kundalini) and its parallel to the DNA structure in “Shopping for Spirit: The Search for Truth” (Equilibra.com):

“In Jeremy Narby’s excellent book “The Cosmic Serpent – DNA and the Origins of Knowledge” – he investigates shamanism and the indigenous peoples uncanny biochemical knowledge of the plant kingdom. Whilst studying Ashaninca ecology, Narby discovered that these honest people living almost unheard of in the Amazon forest insisted that their extensive botanical knowledge came from plant induced hallucinations. 26 These hallucinations happen in a trance state during which, Narby found shamans talked of a ladder or vine, a rope, a spiral staircase, or a twisted rope ladder that connects heaven and earth which they use to gain access to the world of spirits. These spirits present themselves to the Ayahuasquero (shamans) when they drink their special plant brew.27 Continue reading →

Powell Suggests Military Take Over Of Gulf Oil Disaster

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We were waiting breathlessly for this:

The Guardian:

“Former US secretary of state Colin Powell joined calls for the military to take command of the operation from BP. Powell said the problem was beyond the capacity of BP to solve and the government should bring in “decisive force”. He said: “The military brings organisation, it brings control, it brings assets.”

War has become nation-building and peacetime operations have become warlike…

Everything is a crisis, everything is a war. Everything is about ceding more power to the state, while allowing the “private” sector to dump its costs on the government.

Read the rest of the article here.

Gulf Economy Takes Multibillion Dollar Hit From Oil Spill

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CNN reports on how the oil spill will damage the Gulf economy:

“As efforts to plug the ruptured well in the Gulf of Mexico continue to fall short, the stakes for the region’s economy grow ever higher. The numbers being batted around when it comes to how much the oil spill will ultimately cost BP and the local Gulf of Mexico economies are huge. $3 billion. $14 billion. One politician put it at over $100 billion. Continue reading →

Kleptocrat Megabanks, Municipalities In $2.8 Trillion Bid-Rigging Fraud

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Bloomberg reports on the nation-wide bid-rigging fraud in the municipal bond-market that accompanied the credit crisis:

“A telephone call between a financial adviser in Beverly Hills and a trader in New York was all it took to fleece taxpayers on a water-and-sewer financing deal in West Virginia. The secret conversation was part of a conspiracy stretching across the U.S. by Wall Street banks in the $2.8 trillion municipal bond market.

The call came less than two hours before bids were due for contracts to manage $90 million raised with the sale of West Virginia bonds. On one end of the line was Steven Goldberg, a trader with Financial Security Assurance Holdings Ltd. On the other was Zevi Wolmark, of advisory firm CDR Financial Products Inc. Goldberg arranged to pay a kickback to CDR to land the deal, according to government records filed in connection with a U.S. Justice Department indictment of CDR and Wolmark.

West Virginia was just one stop in a nationwide conspiracy in which financial advisers to municipalities colluded with Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Lehman Brothers Holdings Inc., Wachovia Corp. and 11 other banks. Continue reading →