[e-gold-list] Quote found on the Kitco gold discussion board. Be afraid, be very afraid...

2001-07-09 Thread David Brooks


ROBERT HEMPHILL, former Credit Manager of the Federal Reserve Bank in
Atlanta.

If all the bank loans were paid, no one could have a bank deposit, and
there would not be a dollar of coin or currency in circulation. This is a
staggering thought. We are completely dependent on the commercial banks.
Someone has to borrow every dollar we have in circulation, cash, or
credit. If the banks create ample synthetic money we are prosperous; if
not, we starve. We are absolutely without a permanent money system. When
one gets a complete grasp of the picture, the tragic absurdity of our
hopeless situation is almost incredible-but there it is.

  Unless you have gold, in which case you may feel some hope for the
future.  I think Mr. Hemphill does not know about or does not wish to
acknowledge gold as money...

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[e-gold-list] Quote

2001-07-07 Thread Ben Legume

Regarding news articles, there is a statement that I always 
quote there is no such thing as bad publicity. The origin is 
unknown, although Brendan Behan (Irish author d. 1964) has been 
quoted as the author.  So, the trick now is to turn this article into 
a good piece.

I think it was Phineas T Barnum who coined the phrase, or at least 
used it?

And remember what Oscar Wilde said also, The only thing worse than 
having people talking about you is having people not talking about 
you.


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