Quote

"For like a shaft, clear and cold, the thought pierced him that in the end the Shadow was only a small and passing thing: there was light and high beauty for ever beyond its reach." -- J.R.R. Tolkien

Monday, August 26, 2013

Shaky banks

My mother found an article by an blogger that she follows regularly regarding the shaky, and conceivably illicit activities that the larger banks in America do with their depositors money.  The things on the list include buying stock, infrastructure, commodities, etc.  Ellen Brown is exactly correct when she says that this is "a 'macro' risk indeed – not just to our economy but to our democracy and our individual and national sovereignty."  I think that now is the time to begin moving what little long term savings I have away from FDIC-insured banks into more stable banks.

It is a sad day when FDIC insurance is the least stable entity of all the financial entities.  For more on the FDIC instability read here and here.

I have posted the full text of Ellen Brown's article below but you can read the original version on her blog here.

Tuesday, August 20, 2013

History of Jewish Occupational Position

I found a curious opinion piece in the Israeli newspaper Haaretz.  The subject matter of the article is the, not merely survival but, continued success of Jewish people throughout the past few millenia.  This particular author gives religious-reasoned necessity to read and write as an important factor.  While I absolutely agree with this thesis, I suspect that the truth of the matter is far more complicated.  It does lend credence to the Old Testament/Torah, through which repeatedly God states in no uncertain terms that He will bless His chosen people.