Tag Archives: Money

Will Rogers’ quotes about money and the USA

‘The difference between our rich and poor grows greater every year. Our distribution of wealth is getting more uneven all the time. A man can make a million and he is on every page in the morning. But it never tells you who gave up that million he got. You can’t get money without taking it from somebody.’

Here are some other Will Rogers quotes about money….

-A fool and his money are soon elected.

-Ten men in the country could buy the world and ten million can’t buy enough to eat.

-This country is bigger than Wall Street. If they don’t believe it, show ’em the map. (Somebody should mention this quote at the next Obama vs Romney debate …perhaps?)

-The difference between a bandit and a patriot is a good press agent.

-No man can be condemned for owning a dog. As long as he’s got a dog he’s got a friend and the poorer he gets the better friend he has.

-Give it (money) to the people at the bottom and the people at the top will have it before night, anyhow. But at least it will have passed through the poor fellow’s hand’s. (Rogers believed in a trickle up economy and not a Ronald Reaganesque/ Kafkaesque, never ‘trickle down’ nightmare like the superrich have gotten us fallen into.)

The Will Rogers Memorial Center …If you ever were to ‘vacation’ in Fort Worth, Texas, check it out!

Can a currency system be localized?

A friend of mine is studying alternative money systems in Boulder, and has solicited input from her varied professional circles. Here are the questions she poses about localizing community transactions:

What is money? What does money do? What are certain properties of money (properties/qualities of money, of the realm of money)? What is the current money system now? How does it work? What are ‘problems’ with our current money system? Any thoughts about solutions to these perceived problems? 
 
How do we ‘localize’ money to the community? Who/What are the communities we want to serve in developing a local currency infrastructure? Consumers/Citizens? Local business? Banks/Credit Unions?

Who would benefit from a local currency? Who would not benefit? What are the various ‘possible’ geographical boundaries of this local money system? One business? A block of business? City?  Watershed?

“Energy (oil) ministers say 23 Trillion in investment needed” according to AP

–to find new sources of Oil and natural gas, of course. Strangely, that’s about what my estimate of the cost of the recent 8 years worth of Federal Giveaways to the Oil Corporations would total. So, do the Oil Corporations REALLY need Welfare from all the governments of the world? Where would that much-ballihooed “Free Market” supremacy account for such a huge bailout to what’s supposedly the single most profitable industry of the past century? To be honest, I didn’t read past that shocking headline. I just DON’T need to ruin my day reading veiled threats (almost typo-ed “vealed” as in Fatted Calf) from the richest people on the planet about what will happen if they’re not given the rest of the Planetary Treasury, the fealty of every son of Adam and a lien on the souls and service of our children for generations to come.

Trading Benjamins

Chinese yuan with Chairman Mao
My 14-year-old son is going to China next month, along with a group of classmates and chaperones. Yesterday I went to Wells Fargo to exchange $400USD for Chinese yuan. A small currency exchange, cash for cash, very routine. To accomplish the task, however, I was required to provide two forms of identification. This was not a glance-at-the-information kind of ID check, which would’ve been pointless to begin with. No, the clerk put the information into the bank’s data base before handing me the money.

I asked her, “Why on earth do you need my personal information to exchange currency?” She said, under her breath, “Have you ever heard of the Patriot Act? The government requires us to gather this information so they can identify potential terrorists.” She went on to tell me that Wells Fargo is the only bank in town still willing to deal in foreign currency. The other banks have opted out so they don’t have to jump through government hoops and engage in data mining to benefit our nosy and intrusive administration.

Walking out of the bank with my red notes, Chairman Mao watching me, gave me a creepy sense of foreboding.