4 ms·

"They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish. The money changers have fled fro

"They know only the rules of a generation of self-seekers. They have no vision, and when there is no vision the people perish. The money changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit. Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits." [1] [1] https://avalon.law.yale.edu/20th_century/froos1.asp https://avalon.law.yale.edu/20th_century/froos1.asp

LeifCarrotson 6y ago
It's painful to contrast FDR's thoughts on finance with what we heard last night: > "Okay, first of all, let me answer. What they did is illegal, number one. Also, the numbers are all wrong, with the numbers they released. And just so you understand, when you have a lot of real estate, I have real estate, you know a lot of it. Okay? Right down the road, Doral, big stuff, great stuff. When I decided to run, I’m very underlevered, fortunately, but I’m very underlevered. I have a very, very small percentage of debt compared. In fact, some of it, I did as favors to institutions that wanted to loan me money. $400 million compared to the assets that I have, all of these great properties all over the world, and frankly, The Bank of America building in San Francisco. I don’t love what’s happening to San Francisco. 1290 Avenue of the Americas, one of the biggest office buildings." [1] https://www.rev.com/transcript-editor/shared/HJCYu2w66p28wT2RjITiqHzHCOApEGNRztC_PlfxEkz9Wfv_vnaxnQfB4mkNi1mgQ-MPzxdUTFzLD6h4H8dCE77ffDg?loadFrom=PastedDeeplink&ts=2573.27 https://www.rev.com/transcript-editor/shared/HJCYu2w66p28wT2...
- drevil-v2 6y ago
  I think that is an unfair comparison. Being articulate does not does not imply any other quality than just being articulate. Back in the day I thought Obama was amazing. He was articulate and considered in his manner of speech. Then we hearing about the drone strikes with heavy collateral damage. And then Snowden came out and told us how Obama administration had put in place all the necessary infrastructure for a surveillance state. And then he put in place Title XI and kangaroo courts at Universities to completely undermine the core tenet of our legal system "Innocent until proven guilty". Articulate does not equal morality or justice or fairness. It certainly did not with Obama.
  - thelittlenag 6y ago
    > Obama administration had put in place all the necessary infrastructure for a surveillance state I do not think that is accurate. The Obama administration sustained the growth from the previous administration. I do wish they had curtailed this growth, but c'est la vie.
    - medium_burrito 6y ago
      That's not the whole picture- the giant surveillance program was never going to be killed. Just give it different names each time congress finds out- Total Information Awareness, Carnivore (slightly different system, head of same hydra), etc.

LeifCarrotson 6y ago

It's painful to contrast FDR's thoughts on finance with what we heard last night: > "Okay, first of all, let me answer. What they did is illegal, number one. Also, the numbers are all wrong, with the numbers they released. And just so you understand, when you have a lot of real estate, I have real estate, you know a lot of it. Okay? Right down the road, Doral, big stuff, great stuff. When I decided to run, I’m very underlevered, fortunately, but I’m very underlevered. I have a very, very small percentage of debt compared. In fact, some of it, I did as favors to institutions that wanted to loan me money. $400 million compared to the assets that I have, all of these great properties all over the world, and frankly, The Bank of America building in San Francisco. I don’t love what’s happening to San Francisco. 1290 Avenue of the Americas, one of the biggest office buildings." [1] https://www.rev.com/transcript-editor/shared/HJCYu2w66p28wT2RjITiqHzHCOApEGNRztC_PlfxEkz9Wfv_vnaxnQfB4mkNi1mgQ-MPzxdUTFzLD6h4H8dCE77ffDg?loadFrom=PastedDeeplink&ts=2573.27 https://www.rev.com/transcript-editor/shared/HJCYu2w66p28wT2...

drevil-v2 6y ago
I think that is an unfair comparison. Being articulate does not does not imply any other quality than just being articulate. Back in the day I thought Obama was amazing. He was articulate and considered in his manner of speech. Then we hearing about the drone strikes with heavy collateral damage. And then Snowden came out and told us how Obama administration had put in place all the necessary infrastructure for a surveillance state. And then he put in place Title XI and kangaroo courts at Universities to completely undermine the core tenet of our legal system "Innocent until proven guilty". Articulate does not equal morality or justice or fairness. It certainly did not with Obama.
- thelittlenag 6y ago
  > Obama administration had put in place all the necessary infrastructure for a surveillance state I do not think that is accurate. The Obama administration sustained the growth from the previous administration. I do wish they had curtailed this growth, but c'est la vie.
  - medium_burrito 6y ago
    That's not the whole picture- the giant surveillance program was never going to be killed. Just give it different names each time congress finds out- Total Information Awareness, Carnivore (slightly different system, head of same hydra), etc.