part deux =
Reading The Slog this morning, something in the comments reminded me of the phrase “I have seen the future and it doesn’t work”
I first heard that in the 1960s and it was credited to some one who had returned from a visit to California and that was his opinion of the place.
Can’t remember who it was so I went looking for it on the great satan known as Google and among the various attributions I found this biography of Lincoln Steffens who used the phrase “I have seen the future and it works!” (a phrase which he never disavowed) after a trip to Russia/USSR shortly after the November Revolution.
In 1901, Lincoln Steffens, an internationally known and respected political insider, went rogue to work for “McClure’s Magazine.” Credited as the proverbial father of muckraking reporting, Steffens quickly rose to the top of “McClure’s” team of investigative journalists, earning him the attention of many powerful politicians who utilized his knack for tireless probing to battle government corruption and greedy politicians. A mentor of Walter Lippmann, friend of Theodore Roosevelt, and advisor of Woodrow Wilson, Steffens is best known for bringing to light the Mexican Revolution, the 1910 bombing of the “Los Angeles Times,” and the Versailles peace talks.
Now, with print journalism and investigative reporters on the decline, Lincoln Steffens’ biography serves as a necessary call to arms for the newspaper industry. Hartshorn’s extensive research captures each detail of Steffens’ life–from his private letters to friends to his long and colorful career–and delves into the ongoing internal struggle between his personal life and his overpowering devotion to the “cause.”
Here is an interesting review of that biography
Anyway, back to the warnings of impending doom worrying John Ward at The Slog:
There is lots of advice on getting money out of banks because our money in the bank is not ‘our’ money after all – it is what the banks have ‘borrowed’ from us (which is technically correct) and therefore we are ‘creditors’ of the banks.
Any money in the bank is at risk of confiscation by the PTB in order to save the banking system (from itself presumably)
And the but is always important. If I take cash out of the bank, I then have a big (small in my case) pile of cash in the house. Then what do I do with it? I don’t have enough to follow the advice to buy gold/silver/land/property….
And what exactly is cash?
Bits of paper; promissory notes; which all bear the inscription “I promise to pay the bearer on demand the sum of X pounds” – X being £5 or £10 or £20 whatever.
And what will the bank of England use to pay me in exchange for these bits of paper?
Is this another definition of insanity – a financial/banking system administered by Yahoos?
And for what? In the end we all must shuffle off this mortal coil so the desire for money and material wealth is pointless. Better to pay attention to our souls, to store up treasures in heaven.
The poets and philosophers, as always, are better guides to living your life than the money-changers;
The world is too much with us; late and soon,
Getting and spending, we lay waste our powers;
Little we see in Nature that is ours- William Wordsworth
I often wonder what the vintners buy
One half so precious as the goods they sell- Omar Khayyam
……I saw that the universe is not composed of dead matter, but is, on the contrary, a living Presence…………that the foundation principle of the world, of all the worlds, is what we call love, and that the happiness of each and all is in the long run absolutely certain.- Dr.R.M.Bucke