Al's Insights – Thu 12 Apr, 2012

Bill Still discusses capitalism and the role of government.

Bill Still is a very interesting guy who I will have on the show more frequently in the future.

We spent a fair amount of time chatting off the air prior to this interview.

For those of you who may not be familiar with him I would suggest that you look at this video.

To view click here

Click download link to listen on this device: Download Show


Al KorelinBill Still

  1. On April 12, 2012 at 10:58 am,
    Irishtony says:

    HI AL Great interview , BILL is sure welcome to join our gang . Money Masters is a must watch , although i’m sure all on here already know what’s going on . I don’t think there is any need to ask BILL who he supports , the name RON PAUL comes to mind, perhaps they should meet up. …..MONEY IS THE ROOT OF ALL EVIL . & who are controlling most of it ?…..The Banksters.

    • On April 12, 2012 at 12:46 pm,
      Big Al says:

      HI Mr. Irish,

      Have to thank benb for bringing Bill to my attention.


      The Sheriff

    • On April 12, 2012 at 2:18 pm,
      Jerry O^OTB says:

      Irish…….MONEY IS “NOT” THE ROOT OF ALL EVIL….it is the “LOVE”

      • On April 12, 2012 at 6:41 pm,
        Big Al says:

        In the Box, that is sooooo true!

        Big Al

      • On April 12, 2012 at 8:50 pm,
        castanheiro says:

        Hey Jerry,
        You are Absolutely correct!! I am often amazed at how many people, many of whom should know better, misquote that verse. You have it right, of course!!! 🙂

        • On April 12, 2012 at 9:14 pm,
          castanheiro says:

          Hey irishtony,
          I just realized that my statement could be misinterpreted, so let me clarify that I am not referring to you here at all. I was just thinking how over the years, many of my acquaintances, a lot of whom are church folk, miss the qualifier word “love” of money. Please don’t take offense as I did not have you in mind.

          • On April 12, 2012 at 9:28 pm,
            Jerry O^OTB says:

            ditto….but, IRISH , knows we love him….and no Irish, I am not going to las vegas
            with you ….

    • On April 12, 2012 at 2:33 pm,
      Arnie D says:

      C’mon irish, how can money be the root of all evil? Money is a medium of exchange (not evil, in fact essential ), and a store of value (how could that possibly be a bad thing?) The biblical quotation you are misquoting is that “the LOVE of money is the root of all evil” not money itself, and there’s a world of difference. What matters is fairness of exchange. If I give you a real asset and you give me something phony, that’s not a fair exchange, and at some point that will have to be settled fairly or we’ll never do business again (don’t mean to be personal, hope you get my drift). Similarly, if my “money” steadily loses value over time through degradation of value, ie inflation, it’s not a store of value to be passed on to my heirs. Is passing on my savings to my heirs an evil thing? The problem is not money per se, but the nefarious and devious ways employed by those who focus on nothing us but to deprive us of our hard-won savings.

      • On April 12, 2012 at 3:13 pm,
        Jerry O^OTB says:

        Arnie,,Have you seen Irish’s MONEY,,The picture of the queen, looks quite EVIL…

        • On April 12, 2012 at 3:24 pm,
          Arnie D says:

          Yeah, Jerry, I’m Canadian, and I remember 20 or 30 years ago, having someone point out to me how the queen’s hairdo seemed to contain something looking like a devil, but that’s irrelevant. Paper money gets redesigned every few years to keep the counterfeiters at bay, so I don’t worry about paint on paper. It’s all just paper, and whatever design is used doesn’t matter much. By the way, I have a paper bill on my fridge door of 100 TRILLION dollars from Zimbabwe, legal currency, looks pretty nice. I’m open to offers.

          • On April 12, 2012 at 6:43 pm,
            Big Al says:

            Arnie D, I am open to offers to my Zimbabwe currency also!

            Big Al

      • On April 12, 2012 at 6:42 pm,
        Big Al says:

        Arnie, great point my friend!

        Big Al

    • On April 12, 2012 at 5:10 pm,
      reg cole says:

      The actual scripture is:
      “For the love of money is a root of all kinds of evil. Some people, eager for money, have wandered from the faith and pierced themselves with many griefs.
      Paul’s Charge to Timothy:
      But you, man of God, flee from all this, and pursue righteousness, godliness, faith, love, endurance and gentleness.” (1Ti6:10-11)
      One should never misquote scripture to make a point.

      • On April 12, 2012 at 6:44 pm,
        Big Al says:

        Thank you Mr. Cole,

        Big Al

      • On April 12, 2012 at 8:56 pm,
        castanheiro says:

        You’re assuming the user misquoted the verse intentionlly. It may have been a simple mistake, which people make often with this verse. Not everyone on this site is a scholar or theologian. I like to give folks the benefit of the doubt until they prove to me that they are in fact intending to be dishonest. I don’t believe irishtony is dishonest. Grace my friend.

        • On April 12, 2012 at 9:07 pm,
          Jerry O^OTB says:


          • On April 13, 2012 at 12:49 am,
            Irishtony says:

            GENTLEMEN………..I stand corrected & apologise for my miss quote, i’m sure most of you understood what i meant…….it was simply the finger working without permission from the brain………No offence taking.

          • On April 13, 2012 at 7:13 am,
            Jerry O^OTB says:

            iRISH…reg cole, may be new to the site, and does not quite understand the format
            Isish…..I know” MISS QUOTE”…1966 miss america contestant…
            (….note to reg…..first , we have irish pretent to say something misquoted, or misleading,
            that way we can pretent to know more than him, then jump all over him ),

  2. On April 12, 2012 at 11:03 am,
    Larrry says:

    Al, this is a perfect reason for the following you have on this site. New guests and sources make your show fresh and interesting.

    • On April 12, 2012 at 12:47 pm,
      Big Al says:

      We try Larry, we try!

      Big Al

  3. On April 12, 2012 at 11:34 am,
    Matthew says:

    Bill most likely does not support Ron Paul.

    I agree with much of what he had to say, but I completely disagree with his solution. His view that the government should create money is naive at best. Why he has so much faith in the vote of an ignorant populace is a mystery. State representatives would be compelled to do most of what they’re doing today. The anesthetized population would demand more inflation in order fund their bread and circuses. Not only would his solution not address the problem of counter party risk, but it would give a monopoly to the state. He implicitly values national sovereignty over individual sovereignty. True free market money has no nationality. It itself is sovereign in that it does not rely on an individual or a group for it’s value. His solution, in practice, still relies on a very centralized authority. There is ample room for corruption. Lobbyists would have their way, whether overtly or covertly.
    On the issue of what people think is capitalism today, he is right. I would not call it “predatory capitalism” though. It’s really not capitalism at all since the elite power-brokers do not risk any of their own capital. It is socialism, plain and simple. Never mind the confused Gerald Celente who emphatically makes the distinction between socialism and fascism. He says that we do not have socialism because he thinks socialism is egalitarianism. Really Gerald? Redistribution by theft is egalitarian? But I digress.

    • On April 12, 2012 at 12:52 pm,
      Big Al says:

      HI Matthew,

      I have posed these questions to Bill and I am sure he will reply shortly.


      Big Al

    • On April 12, 2012 at 9:02 pm,
      Jerry O^OTB says:

      Hi Matthew,,great points…

  4. On April 12, 2012 at 1:17 pm,
    Big Al says:

    Here are Bill’s comments, Matthew.

    “Well, I really don’t care how it’s done, but the money power must be wrenched back out of the hands of the bankers. There are only two choices: the anarcho-capitalists believe money left on its own will be just fine and somehow work in the public interest. However, there has never been a working example of this. Without a sovereign controlling the quantity of their sovereign money, then by default, the bank will control it.

    Gouverneur Morris, one of the main authors of the U.S. Constitution put it this way:

    “The rich will strive to establish their dominion and enslave the rest. They always did. They always will…. They will have the same effect here as elsewhere, if we do not, by the power of government, keep them in their proper spheres.”


    • On April 12, 2012 at 2:12 pm,
      Matthew says:

      Wrenching the money power out of the bankers hands would be meaningless if it is then given to equally contemptible, corruptible politicians. Further, banks control the “sovereigns” and have for a very long time. Why complicate things? The quantity of gold and silver is already naturally limited. Those who’ve held gold/silver over the last century have a “working example” of their wealth-protecting attributes.
      Governments have no more moral authority than any bankers to arbitrarily redistribute the fruits of another’s labor – and neither does the voting majority for that matter! Even if there were some compelling practical arguments for such authority, they would be overshadowed by this inherent and unfair privilege.
      Without a sound, honest system, complete with equally applied laws and taxation (a level playing field) instability is assured at some point. At best, Still’s system would be based on mob rule (democracy). The individual would be sacrificed for the “greater good.” Cooperation and choice would not be the underlying principal. You can’t expect something good to come of something that is not.
      As for Gouverneur Morris’s quote, this is the same divisive rhetoric employed so well today. 99+% of “the rich” are not striving to to do anything to anyone. Morris could have been much more specific in pointing out where the threats really come from. The worst track record of any institution is that of governments. Their histories are made of endless broken promises and violence without equal. Is it even sane that the masses still look to government for their salvation when there is absolutely no historical evidence that it is wise to do so? I think not.

      • On April 12, 2012 at 6:46 pm,
        Big Al says:

        No, Matthew, it has never been sane for anyone to look to government for his/her salvation!

        Big Al

  5. On April 12, 2012 at 1:26 pm,
    benb says:

    Thats great Al, I think Mr. Still might have some insight as to what banks are up to and hopefully how and what future moves might be. Everyone might not agree with all he says but I think he is one of the guys. @ Mathew, your probly right he wont support Ron Paul, he will probly vote for himself. Absolutly treasonous not to vote RP if you ask me. Other than that Mr.Still is going to be an excellent addition here.
    Thanks for everything Al.

    • On April 12, 2012 at 1:28 pm,
      Big Al says:

      Thanks for you comment benb.

      I agree with you regarding Ron. I will put up a very interesting video shortly.

      Big Al

      • On April 12, 2012 at 6:47 pm,
        Big Al says:

        Decided not to put up the video because it turned out to be an indirect advertisement for the organization.


        Big Al

  6. On April 12, 2012 at 2:13 pm,
    shawn says:

    Why can’t they produce paper money with no valuation printed on the bill but that has a very small ribbon of real gold woven inside with a bar code, so that the value could be read whenever it was scanned and it would fluctuate with the price of physical bullion. People could be paid this way and make purchases as well, if there was a difference it could be tabulated and the difference would be paid out when it equalled the standard value set for a bill. I like paper money and would not like to see it disappear but it needs to be printed in a way that it’s value is not compromised in any way.

    • On April 12, 2012 at 2:36 pm,
      Matthew says:

      The funny thing is that the dollar fluctuates much more than gold in terms of value. Gold is only seen as volatile because we measure it in increasingly volatile paper. When gold and silver were money, there was no inflation for generations. In fact, in gold terms there still isn’t any inflation. It’s a healthy exercise to pretend the dollar does not exist. If you priced everything in gold over a long period, you’d see just how stable it really is. Here’s one quick example. Copper has more than quadrupled in the last 20 years, but priced in gold it has gone nowhere. This is true of almost all raw materials, finished goods, education, healthcare, etc. Obviously the evaporating dollar is distorting reality. Nothing is getting expensive, the dollar is just shrinking.

      • On April 12, 2012 at 4:35 pm,
        Marc says:

        That is spot on! Professor…when is class!!
        All the best,

      • On April 12, 2012 at 6:49 pm,
        Big Al says:

        You bet, Matthew. Great point!

        Big Al

      • On April 12, 2012 at 9:00 pm,
        castanheiro says:

        You sir, are a “garsh-derned” genius my friend. I want a front row seat in your classroom. I’ll pay to beat Marc out of his spot! Ha ha.

        • On April 12, 2012 at 9:12 pm,
          Jerry O^OTB says:


          • On April 12, 2012 at 9:13 pm,
            Jerry O^OTB says:

            NO CHECKS, PLEASE

        • On April 12, 2012 at 9:12 pm,
          Marc says:

          Mr. C,
          Not so fast…my friend…it is MY pleasure to give you my seat!

          • On April 12, 2012 at 9:36 pm,
            Matthew says:

            Come on Marc, at least get a silver dime for your seat. My ego is at stake!

        • On April 12, 2012 at 9:38 pm,
          Matthew says:

          castanheiro, you guys are very generous garsh derned geniuses yourselves!

    • On April 12, 2012 at 6:48 pm,
      Big Al says:

      Shawn, you make an interesting point.

      Big Al

  7. On April 12, 2012 at 4:06 pm,
    Karen says:

    Bill Still is a great historian and factual in his analysis. Here is a quote from Jefferson. “I sincerely believe that banking institutions are more dangerous to our liberties than standing armies.” The founding fathers intended for congress to control the money and not the banks (money Changers). They also intended for the people to elect representatives who would follow the “Laws of Nature and of Nature’s God”. Corruption in government is causing the destruction of America.

    • On April 12, 2012 at 5:21 pm,
      Matthew says:

      Control might be a strong word. I think the founders intended for the congress to regulate the money in the same way that free markets require regulation in order to ensure that essential standards are met and laws aren’t broken. Markets require confidence in order to function properly. If gas station pumps weren’t checked for accuracy, many, if not most people would measure each and every gallon before it went into the tank. Fiat money is a useless measure of value for which there can be no certification of the value of each unit. Paper money itself IS corruption. Money should have value in and of itself.
      Those who trust elected representatives have been proven to be chumps, time and time again. Remember, if the congress had been worthy of trust there wouldn’t be a Fed in the first place.
      G. Edward Griffin’s analysis of Still is dead on. “Factual” is not quite the word I would use to describe Still. “Grossly misleading” was Griffin’s description in one instance.

      There is enough foolishness out there without Still and Ellen Brown adding to the confusion.

      • On April 12, 2012 at 6:54 pm,
        Big Al says:

        Thanks Matthew, just printed it out and will go over it tonight.


        Big Al

        • On April 13, 2012 at 8:37 am,
          Big Al says:

          Morning Matthew,

          I read the article last night. Yep, Ed G does not agree at all with Bill.

          Oh well, we need to get all views on this site.

          Big Al

          • On April 14, 2012 at 5:22 pm,
            Jerry O^OTB says:

            Al…..I have listen to bill’s money master, and oz….,and read Ed. G’s artical
            frankly, this is very confusing
            I looked up the “tally sticks”…and quess what they were used for over 728 years,
            seems like a possibility………TALLY HO……

    • On April 12, 2012 at 6:50 pm,
      Big Al says:

      Of course it is, Karen!

      Big Al

  8. On April 12, 2012 at 6:47 pm,
    MissiveDuTexas says:


    You state benb brought Bill to your attention. If he did that prior to February 13, 2010, then you are correct. Otherwise, I sent you an e-mail on that day pointing to “The money masters”, and I still have a copy to prove it. Actually just sent it to you.

    As for Matthew`s “gold is the all and all” position, come on. There is no silver bullets to freaks trying to get control over society, everyone has to chip in. Currency is a creation of governments, might as well leave the power bring to market to those elected by the people.

    As for Bill, Al, I would like to see him provide information on Iceland, including news outlet in English and French we can all read. What comes out of there might be an example to study and implement.

    • On April 12, 2012 at 6:57 pm,
      Big Al says:

      My apologies MissiveDuTexas,

      I get so busy sometimes I made mistakes.

      Please explain your second paragraph.

      Thank you for the introduction to Bill.

      Big Al

    • On April 12, 2012 at 7:06 pm,
      Matthew says:

      Gold is the all in all? What does that mean? Anyway, all of this is very simple. All the evidence -and common sense- is on the side of real money. The sheeple, with their common ignorance will never agree on anything and therefore will never get anything done. They never have and never will. So you can “chip in” while I opt out. By the way, do you own gold or just a basket of magical paper?

  9. On April 12, 2012 at 7:03 pm,
    MissiveDuTexas says:

    @Matthew – By the way, if you really believe the people is so dumb and stupid and there`s just no hope of seeing that change, at least weight Jefferson`s saying and kiss yours, as well as everyone you know, heind end goodbye.

    If a nation expects to be ignorant and free, in a state of civilization, it expects what never was and never will be. – Thomas Jefferson.

    While your busy doing that, people like me will still spread the word about Franklin`s writings, including this one:

    A Modest Enquiry into the Nature and Necessity of a Paper-Currency by Benjamin Franklin (1729)

    • On April 12, 2012 at 7:17 pm,
      Matthew says:

      Do you really think that government created fiat money would maintain it’s value if it were used to fund the government and the $trillions in promises? Funny how clueless people simply ignore what they either don’t understand or what doesn’t suit them.
      Your infatuation with BF is stunting your growth.

      • On April 12, 2012 at 9:05 pm,
        Matthew says:

        As I suspected, still no answer to the above question. This has been your routine all along. You don’t answer very pertinent direct questions. It’s kind of hard to make your case this way.

    • On April 13, 2012 at 8:40 am,
      Big Al says:

      Thanks MissiveDuTexas,

      I am printing it out right now and will read it later this morning.


      Big Al

  10. On April 12, 2012 at 7:10 pm,
    benb says:

    Seems Mr. Still causes some discussion. @ Missive, Im gonna say it was Momma Still
    that dicscovered Bill Still. There may have been a few people suggesting to Al that Mr. Still might be a good guest. Personally I like the idea of a fiat money system, except of course the corruption, I sure cant figure how to get around that, but on the other hand I think the elites could take control of enough gold/silver to control the currency. I dont have the anwser, sure like to see PM backed but thats selffish on my part.

    • On April 13, 2012 at 8:43 am,
      Big Al says:

      Morning benb,

      This is a very interesting argument.

      In my mind, a non-asset backed currency can never work long term because humans will always take advantage of a system that can be changed at the whim of the “Leaders” and the use the term leader very loosely here!

      Big Al

  11. On April 12, 2012 at 7:11 pm,
    MissiveDuTexas says:


    Explaining the second paragraph would require going back to a discussion Matthew and I had a few weekends ago. He is a firm believer in the silver bullet that gold is an all to all solution to reign in the crooks in D.C., I disagree. I do agree however, with Samuel Adams:

    “Politics are the divine science, after all,…” – if anyone here thinks they are in the God business, they better be involved in some degree with politics.

    • On April 12, 2012 at 7:32 pm,
      Matthew says:

      Real money is a necessary starting point “to reign in the crooks in D.C.” It’s quite bold of you to put words in my mouth – though not surprising. Again, do you own gold/silver? If you do, gee, why is that? Could it be that despite suffering from cognitive dissonance your conscious mind grasps the utility, merit, and insurance qualities of real money? Why don’t you own the best paper for a safe haven? The Norwegian krone or even the loonie should do very well versus the dollar.

  12. On April 12, 2012 at 7:23 pm,
    MissiveDuTexas says:

    @Matthew – “…will never get anything done. They never have and never will.” If you are correct (and history teaches us you are not, just look at the american war of independance), ho well, guess there`s just no hope then. Let`s just go hide in a cave and give up…

    But wait, all christians are called to stand up even with odds at zero, are they not?

    Romans 4:18 “Who against hope believed in hope…”

    • On April 12, 2012 at 7:40 pm,
      Matthew says:

      Who’s hiding or giving up? You’re amusing. As for the war of independence, that was lead by wealthy men. You need to do some homework.

  13. On April 12, 2012 at 7:29 pm,
    benb says:

    “In politics stupidity is not a handicap.”
    -Napolean Bonaparte (1769-1821)

    • On April 13, 2012 at 8:45 am,
      Big Al says:

      That benb, is great!

      Big Al

  14. On April 12, 2012 at 7:30 pm,
    MissiveDuTexas says:

    @Matthew – “…Your infatuation with BF is stunting your growth…” – Ho yes, you who know me so well would know if that is the case or not. Your insight and wisdom into my psyche and character is just so stunning, I’m almost tempted to send you coins. Copper coins, that is. Did you know that was also used as “currency”? Wanna trade some copper? Come on, tell me ya got some of those as well…

    • On April 13, 2012 at 7:32 am,
      Jerry O^OTB says:


  15. On April 12, 2012 at 7:45 pm,
    MissiveDuTexas says:

    “As for the war of independence, that was lead by wealthy men. You need to do some homework.” I think you need to do some reading. Of course, if you see it as “work” at home, I understand your lack of motivation. When you get the drive though, try at least Alexandre De Tocqueville, he`s got great insight into the “dum sheeple americans” of the 1800`s that probably would grind greatly against your superior knowledge.

    • On April 12, 2012 at 8:35 pm,
      Matthew says:

      The point is that very few were interested in the fight, and very few did fight. It sure wasn’t “the masses.” Many cowards fought for Britain because they were sure Britain would win.

  16. On April 12, 2012 at 7:48 pm,
    Matthew says:

    I like copper. It too is quite limited compared to paper!
    I never implied that I know you. You are being very silly considering that you have provided everyone here with your stance on this subject. My comment was based on the information that YOU have provided. I did not have to draw on my psychic abilities.

  17. On April 12, 2012 at 7:59 pm,
    MissiveDuTexas says:

    “…Could it be that despite suffering from cognitive dissonance your conscious mind grasps the utility, merit, and insurance qualities of real money…”

    My, my, psycho babling all the way to the asylum? Chill out bro, have a brewski or something. I understand markets very well, don`t worry about that. However, politics is the art of deception, and I`m done going along with deception.

    The Daily Money Swim


    I heard Bill talk about separating the powers related to the currency. Based on his monetary act found with “The money masters”, would he see it as useful to separate the powers into legislative (congress), executive (treasury dept) and judicial (Supreme court or State court) to make sure the money is not inflated or deflated, which is the only fair approach to humans?

    Calm down there, Matthew, not talking to you this time.

    • On April 12, 2012 at 8:31 pm,
      Matthew says:

      Thanks for your concern, but I am quite calm. If you’re done going along with the deception, why is it that you haven’t connected the dots? Why is it that the establishment, including the MSM has gone to such lengths to “Ron Paul” gold investors? They’re marginalized, dismissed, blacked-out, and generally laughed at and painted as unsophisticated wing-nuts. Where are the intellectual giants among you greenbackers? Who’s your Rothbard, Mises, Hazlitt? On the financial side, who are your supporters? Where’s your Schiff, Puplava, Grant, Rogers, Casey, or Korelin (to name a tiny few)? Who among you has any credentials at all? The greenbacker movement is, and always has been, lead by inconsequential intellectual twerps. It’s a side show and a distraction.

      • On April 13, 2012 at 8:50 am,
        Big Al says:

        Morning Matthew,

        I appreciate the dialog between people with different opinions. I really do. It is a very important part of the educational process on this site.

        Really no point in getting personal though. I mean, what does that accomplish?

        Regarding credentials, not sure who you are referring to. Please explain.


        Big Al

        • On April 13, 2012 at 9:47 am,
          Matthew says:

          Al, if you had seen Still’s movies you would know that he has been less than scholarly in his methods. He’s very dismissive of “goldbugs” and even tries to instruct his viewers on how they should view the their arguments rather than allowing them to draw their own conclusions. This defensiveness wasn’t nearly as pronounced in The Money Masters as it was 15 years later in The Secret of Oz. I’ve not come across this from the Austrian camp. Marxists rightfully offend me. Their views are not legitimate and are an attack on individual sovereignty. The Golden Rule is not respected by these people. Because of their populist rhetoric, they are seen by some as credible and good. Tolerance for these socialist’s views shows just how far society’s awareness has fallen.
          Mises stated it brilliantly when he wrote:
          A society that chooses between capitalism and socialism does not choose between two social systems; it chooses between social cooperation and the disintegration of society. Socialism is not an alternative to capitalism; it is an alternative to any system under which men can live as human beings.
          As far as credentials, I was referring to the fact that the greenbackers don’t seem to have anyone noteworthy on their side, like Mises or Rothbard or even Rockwell or Schiff. I wonder if they have even one economist, much less a respected one, on their side.

          The results of their “solutions” would be no different than those of the Keynesians. Isn’t it a little late in the game to still be humoring these people?

  18. On April 12, 2012 at 8:58 pm,
    Jerry O^OTB says:

    BIG AL…THE SHERIFF, thanks for having Bill Still on……
    just got done , listening to the” MONEY MASTERS”, 3hrs long,
    lot of great points concerning the control of gold,
    It might make for good topic , subject matter,to break down some of the main
    ideas in the film, to discuss, on future shows….just out of the box thinking,
    Maybe, we could have Irish, contact his friends of the queen, Rothechild and
    have him get an interview lined up for next week? But, if we get all the inside
    information , would we get arrested for insider trading?
    thanks again….ootb…

    • On April 13, 2012 at 8:53 am,
      Big Al says:

      The big problem here In the Box is that Mr. Irish told me he needs a substantial “finder’s fee” to contact his friends.

      I told him that I would not disclose the exact amount of that fee to all of you, but I will say that I may be applying for a mortgage on our home if I decide to take him up on it!

      Still thinking about that,

      Big Al

  19. On April 13, 2012 at 5:28 am,
    MissiveDuTexas says:

    @Matthew – “Why is it that the establishment, including the MSM has gone to such lengths to “Ron Paul” gold investors? They’re marginalized, dismissed, blacked-out, and generally laughed at and painted as unsophisticated wing-nuts.” – You will have to raise your sophistication level if you want a fighting chance at this game. Go look at how the media demonized the idea of a central bank prior to the 1913 law establishing one. All part of psy-op to eventually see their goals reached.

    “Where are the intellectual giants among you greenbackers?”

    How about Franklin, Lincoln, Charles B. Ray, Carl H. Wilken, Dr. John Lee Coulter, Carson Adkerson. Arnold Paulson, Vince Rossiter, Merle Willard, Kermit Couch and all the “creditists” of the 20`s, 30`s, 40`s, 50`s and 60`s. It took the establishment 50 years to silence that movement. I’ve painstakingly researched some of this, and the info is scarce. Yet, any of their option removes the control of the tax instrument of choice for governments and puts it back in the hands of the people.

    “Who among you has any credentials at all? The greenbacker movement is, and always has been, lead by inconsequential intellectual twerps.” – Again, raise your level of sophistication, friend. It makes for much more enjoyable discussions. In the meantime, go listen to Dr. Tarpley and try to convince yourself he is not a “twerp”. His ideas have the people`s general welfare interest in mind, just don`t go believing a central bank or debt-backed currency is necessary. Raw Materials Economics has definitly proven that.

    • On April 13, 2012 at 6:57 am,
      Matthew says:

      “You will have to raise your sophistication level if you want a fighting chance at this game.” — You, Miss Dute, are hilarious! As usual, you don’t answer the question.

      “His ideas have the people`s general welfare interest in mind…” — There are many, many, many well intended people who have it all wrong. Tarpley is not only a twerp but obviously a moron. This complete idiot said the following: RonPaul wants $1Trillion in savage austerity cuts in ONE YEAR-these cuts in social safety net spell #genocide; how many Americans will die?”
      Webster’s cluelessness confirms yours. As if I needed confirmation. What do you and Tarp think the outcome would be if there were a collapse of the banking system? Ron Paul has no intention of cutting any social safety net anytime soon. Waste and overseas spending would be cut. But no, you socialists want complete destruction. Yes I know you’ll deny this, but destruction is what you smarties will get if you think the spending can just go on and on. Tarpley is a disinfo agent to help keep card carrying sheep, such as yourself, in the pen.

      When are you going to answer these questions from yesterday?: Do you really think that government created fiat money would maintain it’s value if it were used to fund the government and the $trillions in promises?
      And do you own gold/silver?

  20. On April 13, 2012 at 10:20 pm,
    MissiveDuTexas says:

    When are you going to answer these questions from yesterday?
    I do not owe you or anyone anything here, as far as I’m concerned. So if my answers are sufficient for you, well, though.

    Do you really think that government created fiat money would maintain it’s value if it were used to fund the government and the $trillions in promises?
    Probably not, but the “trillions of in promises” are actually billions, the trillions being actually COMMITMENTS to banks, which to me, is anathema in the home of the brave and land of the free.

    And do you own gold/silver?
    Simply said, none of you business, young man.

    Which brings me to this aspect of your rants and raves about anything you disagree with: Are you some brat teenager or what? That is exactly what you sound like.

    “Tarpley is not only a twerp but obviously a moron. ” The guy is not only a historian of the highest calibre, but an economist as well. I don`t agree with him that a central bank is needed or that money needs to be issued with a debt counterpart, but he`s got some valid point. Did you know some 7 millions americans may have died of hunger during the great depression? What qualifies as “genocide” in your book, 10 millions? Cut the federal expenses enough, and people will either die or riot, just like the IMF likes it:

    The IMF riot is painfully predictable. When a nation is, “down and out, [the IMF] takes advantage and squeezes the last pound of blood out of them. They turn up the heat until, finally, the whole cauldron blows up,” as when the IMF eliminated food and fuel subsidies for the poor in Indonesia in 1998. Indonesia exploded into riots, but there are other examples – the Bolivian riots over water prices last year and this February, the riots in Ecuador over the rise in cooking gas prices imposed by the World Bank. You’d almost get the impression that the riot is written into the plan.

    Ron Paul has no intention of cutting any social safety net anytime soon.

    Go look at his budget proposal, his hitting social programs way more that military expenditures. Go read it for yourself, dum, dum, you`ll get wiser for it.

    Tarpley is a disinfo agent to help keep card carrying sheep, such as yourself, in the pen.

    Well, as desinfo agents, he`s certainly good at shedding some light on areas nobody talks about.

    Grow up budy, bullying on the internet does not work for well informed and well intentioned individuals.

    Truth shall make you free, and I certainly am a truth seeker.

    How about you?

    • On April 13, 2012 at 10:53 pm,
      Matthew says:

      “I do not owe you or anyone anything here…” No sh!t, but you only lose credibility by saying so. Why say anything at all if you can’t back it up?

      “So if my answers are sufficient for you, well, though.” Is english your first language?

      “Simply said, none of you business, young man.” I’ll take that as a “yes” missy, which makes you a hypocrite.

      “bullying on the internet does not work…” Opposition/disagreement is hardly bullying. Perhaps you feel bullied because the facts aren’t on your side. It seems that it is you, young man, who ought to grow up. If you can’t take the heat, get out of the kitchen.

  21. On April 14, 2012 at 5:48 am,
    MissivDuTexas says:

    “…which makes you a hypocrite…” so from your point of view, owning gold (or not, you`ll never know) as an investment vehicule to protect against inflation AND not supporting gold as the taxing vehicule of governments makes one a hypocrite? Quite a leap there, Quite a leap.

    “…but you only lose credibility by saying so…” I know this is a leap year, but don`t feel obligated to leap at everything that shows up on your table.

    “…Perhaps you feel bullied because the facts aren’t on your side…” – I personnally don`t feel bullied, but internet bullying is always accompanied by denigrating epithets, and your comments certainly are full of those for people you don`t agree with.

    So you, sir, are an internet bully.


    • On April 14, 2012 at 8:54 am,
      Matthew says:

      You don’t see the irony here, do you? You are so sensitive that the blunt descriptions of a distant stranger have to be termed “bullying.” At the same time it has eluded your comprehension that the very reason for our disagreement stems from the fact that you promote, with your paper money, a truly sinister and despicable bullying of ALL of society. You Marxists want the power to decide who gets who’s lunch money. Where’s the Mogambo Guru when we need him? Because this is RICH!

      My “denigrating epithets” were very tame compared to the description you really deserve. Those who can’t see through your B.S. (Bill Still), Still-born ideas really need a tune-up.

      Learn from Mises:

      Liberalism and capitalism address themselves to the cool, well-balanced mind. They proceed by strict logic, eliminating any appeal to the emotions. Socialism, on the contrary, works on the emotions, tries to violate logical considerations by rousing a sense of personal interest and to stifle the voice of reason by awakening primitive instincts.

      Tyranny is the political corollary of socialism, as representative government is the political corollary of the market economy.


  22. On April 14, 2012 at 9:15 am,
    MissiveDuTexas says:

    @bullyingbull – So I guess in your view, Benjamin Franklin is grandfather of all marxists ideologies?

    A Modest Enquiry into the Nature and Necessity of a Paper-Currency by Benjamin Franklin (1729)

    Now, that is, truly, RICH!


    Many readers may be surprised to learn the extent to which the Graduate Institute and then Mises himself in the years immediately after he came to United States were kept afloat financially through generous grants from the Rockefeller Foundation.

    • On April 15, 2012 at 3:41 pm,
      Matthew says:

      “So I guess in your view, Benjamin Franklin is grandfather of all marxists ideologies?”

      That’s quite a leap. It seems you care more about arguing with me than you do about the argument itself.
      The centralized control (a monopoly) of (fiat) money and credit satisfies the fifth plank of communism.

      Franklin’s early views on money are evidence that he was human.

      • On April 16, 2012 at 3:52 pm,
        MissiveDuTexas says:

        Don`t forget interest rates.

        As for Franklin, never does he suggest control over credit or interest rates, nor did Lincoln (was he human too?)

        Obviously, you did not read Franklin`s text. How can you know what he`s talking about.

        • On April 17, 2012 at 11:13 am,
          Matthew says:

          Hey, I didn’t realize that you returned. Control of the supply of money IS the ultimate control of credit and interest rates. IDIOT.

  23. On April 23, 2012 at 9:04 am,
    Chris says:

    If Bill Still can by some miracle be elected president and get his monetary reform passed, then that in and of itself will go a long way in fixing the world. Problems I foresee, the International Banksters and Corporations are sitting on a huge pile of dollars both on and offshore, they could use this as a weapon to destabalize the reform. Also, the Banksters have spent at least the last generation creating an intergrated global economy. Restoring the balance to internal production and consumption will take time,