by Nickel » Fri 08 Aug 2008, 07:38:57
$this->bbcode_second_pass_quote('jupiters_release', 'L')earn central banking:
http://video.google.com/videoplay?docid ... 0256183936If you don't understand this then you don't understand the foundation of economic history.
I started watching it but it was getting late, and man... three and a half hours? I've heard of speeches that long from the Civil War, and they always make me wonder... what could anyone talk about for three or four hours? Maybe I'll find out (left it on to finish DLing the stream, so...).
One thing I noticed, that made me kind of suspicious, is how often Jesus and the Bible come up in the first twenty minutes or so. It has me wondering, is this one of those cranky end-of-days things that always start off intriguing, and once they've got the hook in your mouth, they suddenly start taking about unbelievers and pits and fire and the like? Or is it just like this in the States, particularly the South? I mean, is it typical to have a conversation about your investment in Nabisco that naturally segues into something cogent you noticed in the Book of John, or something?
I haven't watched it all yet, of course, but one of the issues I already have with the thesis is that they might be extending it too far. Not every central bank in the world is privately owned; in fact, I'd venture to say that these days, most aren't. They make a big deal out of the Bank of England, like the US Federal Reserve, being instituted as a private institution, and that's true... but it was nationalized after WWII and is part of the British government now. Same with the Bank of Canada; it was briefly private but almost instantly nationalized. In institutions like that, there are no private shareholders driving the bank to do evil for their own enrichment. Maybe they have something to say about other banking philosophies, though. We'll see...