Re: dia-list Digest, Vol 108, Issue 24



On Thu, Apr 25, 2013 at 11:41 AM, Marshall Feldman <marsh uri edu> wrote:
Thanks so much to Andrey and Alejandro. Now I have a much better
understanding of Dia and how to do what I'm trying.


No worries. Dia is a great and powerful tool and many times overlooked.


So I only have one further comment:


[...]


Note to co-listers: Before anyone complains about this being OT I
would like to point out that Dia being an Open Source project, it's
members are usually aware of the role that Open Source plays as a good
example of the paradigm-shifts that our current socio-economic and
political systems need to make to confront an already unsustainable
system. Likewise, may Open Source enthusiasts are also very much aware
of the delicate situation of the status quo, so it is my view that the
issue at hand is very much on topic for this and any Open Source
project.


Date: Wed, 24 Apr 2013 18:47:33 -0400
From: Alejandro Imass <aimass yabarana com

...

Just a though: if centrals banks are able to create inorganic money
that is not backed up by anything more than their word and if the
private banks can make up money out of thin air whilst guaranteeing
only 10% in deposits, and the ever increasing debt is solved by adding
more debt, then there are no need for any sort of charts to explain
how it works because it's fundamentally broken. The chart should be a
big box with an X in the middle the label "Flawed" and a start-over
line pointing to a box called Hayek!

One would hope that simple things would be obvious: that even a simple model
of money in the economy reveals certain truths,  that banks sometimes make
money "out of thin air," or that the system is "broken" (or at least does
not work the way most would want it to work). But then sometimes even the
smartest folks do not see the obvious, particularly when it is in a
discipline dominated by ideology masquerading as science.


Well put. Nevertheless I disagree that the smartest folks don't see
the obvious but more so that they are forced (or willing?) to make up
science to cover up for a very obvious and grotesque global ponzi
scheme.

It's not like this situation is any secret, and a lot of people knew
this was going to happen at least 200 years ago. Other, more
contemporary folks have regretted this situation even before Mr.
Greenspan was born, starting with the signer of the Fed Act Mr.
Woodrow Wilson himself. Although there is some controversy around the
quotes "I am a most unhappy man..." he did officially state the
following in "The New Freedom: A Call for the Emancipation of the
Generous Energies of a People" (New York and Garden City: Doubleday,
Page & Company, 1913):

"A great industrial nation is controlled by its system of credit. Our
system of credit is privately concentrated. The growth of the nation,
therefore, and all our activities are in the hands of a few men ... We
have come to be one of the worst ruled, one of the most completely
controlled and dominated, governments in the civilized world—no longer
a government by free opinion, no longer a government by conviction and
the vote of the majority, but a government by the opinion and the
duress of small groups of dominant men."

[...]

"Since I entered politics, I have chiefly had men's views confided to
me privately. Some of the biggest men in the United States, in the
field of commerce and manufacture, are afraid of somebody, are afraid
of something. They know that there is a power somewhere so organized,
so subtle, so watchful, so interlocked, so complete, so pervasive,
that they had better not speak above their breath when they speak in
condemnation of it."

And Mr. Wilson and other people in power well aware of the dangers of
handing off the real power to the financial establishment. Most
notably Thomas Jefferson was very public about this almost 200 years
ago:

"I sincerely believe, with you, that banking establishments are more
dangerous than standing armies; and that the principle of spending
money to be paid by posterity, under the name of funding, is but
swindling futurity on a large scale."

[...]

"The system of banking we have both equally and ever reprobated . I
contemplate it as a blot left in all our constitutions, which, if not
covered, will end in their destruction, which is already hit by the
gamblers in corruption, and is sweeping away in its progress the
fortunes and morals of our citizens."

Thomas Jefferson, 1816

Therefore, I find it hard to believe that smart men, especially those
in power are unaware of the fundamental problems of the system.

Best,

-- 
Alejandro Imass

Thanks again for all your help.

    MF



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