Wednesday, November 25, 2009

The Creature from Jekyll Island by G. Edward Griffin

With today's economic turmoil and near collapse of the banking system you have to ask yourself a) Why does the government continue to bailout the banks and their high risk schemes and b) how is it that a bank or investment firms can receive a bailout and less than a year later give out $20 billion in bonuses? After reading "The Creature from Jekyll Island - A Second Look at the Federal Reserve" by G. Edward Griffin, I can easily see why. This book is probably as lengthy and informative as a college textbook, but not as boring. It reads like an adventure through history and uncovers little known scandals that have occurred in the U.S. and the world during man's pursuit or gluttony for money and power.

This book gives a thorough explanation of the history of banking and finance, it give clear definitions and examples the terms of fractional-reserve banking, fiat money, inflation, assets, liabilities, etc. After understanding this, G. Edward Griffin follows the trail that led to the establishment of the Federal Reserve. He doesn't stop there. G. Edward Griffin clearly explains the thought behind the Federal Reserve and how it steals from the pockets of honest American workers and feeds the big banking industry...the same industry who pulled the right strings to put the Federal Reserve in place.

This book explains how putting the monetary policy in just a few hands caused the boom-bust cycles, wars, depressions, etc. It explains how big banks can easily survive and profit from the loss of others and will continue to do so. It explains how the U.S. is being destroyed by the hidden tax of inflation.

I warn you that this book will make you angry. You will never trust a banker or a politician again.

Thursday, November 19, 2009

Health Care Bill Reading

This is an interesting article about how some Republicans have asked for the entire health care bill to be read...all 2074 pages. Apparently this is according to strict Senate rules.

Can you imagine if they chose someone like Ben Stein to read this?

Saturday, November 7, 2009


I am watching the Nebraska vs. OU game while I am writing this. This is my outlet as I am extremely frustrated with the number of penalties by the Nebraska offense and special teams. I think I saw 4 penalties in 7 plays. I am just fuming. This has been a reoccuring theme...see NU vs. Va Tech. Why can't the Nebraska coaches and players learn from their mistakes??

On a similar note...I went to the Nebraska vs. Baylor game last week and was completely amused by the personal foul given to Ndamukong Suh for tackling the Baylor quarterback. The call was charged to #95 (Pierre Allen) of Nebraska for roughing the passer after the play was dead, even though Suh was the one who tackled the quarterback before the whistle was blown. Good call ref. I think they have never seen a quarterback thrown down like that and had to make up something.

I feel better now.