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1. "In the days when money was backed by its face value in silver or gold, there were limits to how much wealth could flow around the world. Today, it's virtual money that the bank lends into existence on a computer screen. "And unless the economy continually expands, there is no new flow of money to pay back that money, plus interest." . . . "As it stands now, if banks start loaning money more slowly than they collect debts, the quantity of money in the economy goes down, and it's impossible to pay back debts. So we get defaults on houses . . . our economy plunges into misery and unemployment. Under our current monetary system, the only alternative to that is endless growth. So one absolute thing we have to change is the whole nature of the monetary system. . . . we deny banks the right to create money." . . . There's a challenge with that solution, he admits. "You're trying to take the right to create wealth away from some of the wealthiest people on the planet."
Author: Alan Weisman

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It can certainly be misleading to take the attributes of a movement, or the anxieties and contradictions of a moment, and to personalize or 'objectify' them in the figure of one individual. Yet ordinary discourse would be unfeasible without the use of portmanteau terms—like 'Stalinism,' say—just as the most scrupulous insistence on historical forces will often have to concede to the sheer personality of a Napoleon or a Hitler. I thought then, and I think now, that Osama bin Laden was a near-flawless personification of the mentality of a real force: the force of Islamic jihad. And I also thought, and think now, that this force absolutely deserves to be called evil, and that the recent decapitation of its most notorious demagogue and organizer is to be welcomed without reserve. Osama bin Laden's writings and actions constitute a direct negation of human liberty, and vent an undisguised hatred and contempt for life itself."
Author: Christopher Hitchens

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