Thursday, February 19, 2009

News.

I still have no job (since May 2008).

I did not receive a Fulbright Scholarship (January 31).

I was rejected from Virginia Tech (February 17).

Four more schools to go.

"I know things are getting tougher when you can't get the top off the bottom of the barrel. "

Saturday, February 07, 2009

The Day The Banks Collapse.

So this calendar I got from my friend J.B. is eerily prescient. For this weekend, it discusses the attitude toward the banking system in American history:

"American presidents have long held misgivings about the country's banking system. In 1816, for example, Thomas Jefferson wrote to his old friend John Taylor, declaring: 'I sincerely believe that banking establishments are more dangerous than standing armies.' In 1836 Andrew Jackson disbanded the second federal bank, remarking, 'The bold effort the present bank made to control the Government... [suggests] the fate which awaits the American people should they be deluded into a perpetuation of this institution.' Later, speaking to the bankers, he was more blunt: 'You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out,' which he did. Even auto entrepreneur Henry Ford is said to have cautioned, 'It is well enough that people of the nation do not understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning.'"

~ Jeffrey Kacirck, Forgotten English (2009 Calendar)

Unfortunately, while many feel antipathy towards the banking system, there is no hope of the executive branch ever routing out the "den of vipers and thieves." (This would make Andrew Jackson severly upset, I imagine.) Even eerier is the fact that the father of the American automobile industry is quoted here as well, as if tying in the failure of banks with the failure of the auto industry. Of course, despite the willies I felt at having read this, it could all just be a coincidence: today, according to the desk calendar, is the "Feast Day of St. Meingold" [My gold?]. St. Meingold was the patron saint of bankers.