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Julian D.W. Phillips
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Wednesday, 08 July 2009 11:37 |
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7 July, 2009 The Gold Forecaster
At last, the U.S. Congress has permitted the U.S. representative at the I.M.F. to vote to sell the 403 tonnes of gold the I.M.F. bought from Brazil and Mexico. As it is not an individual member’s gold we fully expect the members of the fund to OK its sale. The legislation will permit U.S. representatives to the I.M.F. to agree to its planned sale of 13 million ounces of gold, one-eighth of the organization's holdings. As the financial state of the I.M.F. has improved [due to the credit crunch], the purpose of shoring up the I.M.F. balance sheet appears to not be the issue any more. We believe that the continuing attempts to sell the gold has, as its purpose, a final attempt to confirm that paper money is more important than gold, irrespective of what the proceeds are used for. If we are right, the sale will follow the pattern of the Central Bank Gold Agreement sales coming to an end on 26th September 2009.
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George Reisman
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Wednesday, 08 July 2009 09:20 |
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By Cynthia McKinney
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Wednesday, 08 July 2009 08:59 |
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This is Cynthia McKinney and I'm speaking from an Israeli prison cellblock in Ramle. [I am one of] the Free Gaza 21, human rights activists currently imprisoned for trying to take medical supplies to Gaza, building supplies - and even crayons for children, I had a suitcase full of crayons for children. While we were on our way to Gaza the Israelis threatened to fire on our boat, but we did not turn around. The Israelis high-jacked and arrested us because we wanted to give crayons to the children in Gaza. We have been detained, and we want the people of the world to see how we have been treated just because we wanted to deliver humanitarian assistance to the people of Gaza.
At the outbreak of Israel's Operation ‘Cast Lead' [in December 2008], I boarded a Free Gaza boat with one day's notice and tried, as the US representative in a multi-national delegation, to deliver 3 tons of medical supplies to an already besieged and ravaged Gaza.
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Administrator
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Tuesday, 07 July 2009 09:26 |
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Professor Emeritus Antal E. Fekete
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Tuesday, 07 July 2009 08:48 |
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6 July, 2009
"Banking was conceived in iniquity and born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take away that power, and all the great fortunes like mine will disappear -- as they ought to in order to make this a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, then let them continue to create deposits." ~ Sir Josiah Stamp (1880-1941), one time governor of the Bank of England, in his Commencement Address at the University of Texas in 1927. Reportedly he was the second wealthiest individual in Britain.
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