Or to cite lines for your explication -"usury age-old and age-thick
and liars in public places."
    Alan Turin (http://www.lewrockwell.com/turin/turin28.html) thinks the
American empire is not something coming but something already here and
going out. But the neocons most certainly like Kipling, not the Kipling of
"but when it comes to slaughter, You'll do your work on water" (at a 100
degrees F. in the desert it gets to 140 degrees inside the unairconditioned
Abrams tank) but the Rudyard who wrote "If you can make one heap of all your
winnings And risk it on one turn of pitch-and-toss"....
    "Freedom's just another word for nothin' left to loose" must have
special irony now for any people who would dare to worship another currency
other than the Almighty Dollar, but no money does you much good when you
take with you into a body bag.
    Seigniorage - an interesting word indeed- it comes from feudal
tradition in which it ultimately represents the feudal lord's power to back
up that mysterious value tenuously lurking sword in hand within the
difference between the face value and the metal value of the coins. Or put
another way how does the value of an Abrams tank change when it becomes a
bake oven? The world can only hope to produce a few odd successes like the
hula hoop.
    George should have read Xenophon rather than The Hungry Caterpillar.

Charles



----------
>From: Tim Redman <[log in to unmask]>
>To: [log in to unmask]
>Subject: Re: genuinely academic inquiry?
>Date: Tue, 1 Apr 2003 17:15:30 -0600
>

> Interesting hypothetical.  I think Pound would point to the fact that Iraq
> in the last few years has started to sell oil in euros instead of OPEC's
> standard dollar currency.  What is at stake is a concept called seignorage,
> the ability to pay off debts in the currency of your choosing.  Although oil
> is clearly important, I think the struggle is about whether the dollar will
> remain the world currency or whether it will be supplanted by the euro.
> There are many factors, but I think that is what Pound would point to.  I
> think his 1939 opinion and his 1949 opinion would be the same.  I will also
> note that Pound, by religious heritage and temperament, was fundamentally a
> pacifist.
>
> Pound would also have been very interested in the proposal of Sears to sell
> its Finance Division.  The local newspaper noted that it is far and away the
> most important part of Sears, contributing something like 70% of the total
> company revenue.
>
> In other words, the retail operation exists to create debt.
>
> Cheers,
>
> Tim Redman
>
> -----Original Message-----
> From: - Ezra Pound discussion list of the University of Maine
> [mailto:[log in to unmask]]On Behalf Of  $BEOJU?.Fs (B
> Sent: Monday, March 31, 2003 8:53 PM
> To: [log in to unmask]
> Subject: genuinely academic inquiry?
>
>
> Dear EP list-serv. members,
>
> I don't know the following inquiry sounds genuinely academic or not, but I
> really want to hear some suggestions and/or suppositions as to what
> opinions Ezra Pound would reveal to the now-going-on War in Iraq; and
> whether the opinions would be different between EP in 1939 and EP in 1949.
>
>
> --
>
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