Wednesday, 23rd April 2014

Features

US military operations in Iraq
Bankers are often the driving force behind war. After all, the banking system is founded upon the counter-intuitive but indisputable fact that banks create loans first, and then create deposits later. In other words, virtually all money is actually created as debt. For example, in a hearing held on September 30, 1941 in the House Committee on Banking and Currency, the Chairman of the Federal Reserve (Mariner S. Eccles) said: That is what our money system is. If there were no debts in our money system, there wouldn’t be any money. And Robert H. Hemphill, Credit Manager of the Federal Reserve...
When a storyteller dies, a library burns - Moroccan saying A storyteller did die last week. Gabriel Garcia Marquez of Colombia is often described as the greatest writer in the Spanish language since Cervantes, creator of Don Quixote. In 1967, he published One Hundred Years of Solitude that took the world by storm. The novel was quickly translated into dozens of languages and sold millions of copies. It ventured a new genre called “magical realism.” Two decades after, Garcia Marquez was honoured with a Nobel Prize for literature. By which time, the author released more novels, most notably...