09 April 2013

Reggie Middleton: Bailouts, Bail Ins, and Continuing Insolvency of the Irish Banks


"Gentlemen! I too have been a close observer of the doings of the Bank of the United States. I have had men watching you for a long time, and am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country.

When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin.

Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, (bringing his fist down on the table) I will rout you out."

From the original minutes of the Philadelphia bankers sent to meet with President Jackson February 1834, from Andrew Jackson and the Bank of the United States (1928) by Stan V. Henkels

Middleton: Ireland May Very Well Be Bust




Stephen Colbert: You Will Truly Serve Only What You Love


"In my experience, you will truly serve only what you love, because service is love made visible.

If you love friends, you will serve your friends. If you love community, you will serve your community. If you love money, you will serve your money. And if you love only yourself, you will serve only yourself, and you will have only yourself.

So no winning. Instead, try to love others, and serve others, and hopefully find those who will love and serve you in return.”

Stephen Colbert




08 April 2013

Moyers: Martin Luther King's Dream of Economic Justice



Theologian James Cone and Pulitzer Prize-winning historian Taylor Branch join Bill to discuss Dr. Martin Luther King’s vision of economic justice, and how so little has changed for America’s most oppressed.



Gold Daily and Silver Weekly Charts - Cap Cap Cap


A little retreat in the metals today after the big rally on Friday.

The markets settle back quite easily into complacency.