Archive for the ‘Richard Cook Blog’ Category

Book by Major C.H. Douglas

Tuesday, April 20th, 2010

Many thanks to Denis Bach for sending me Major C.H. Douglas’s classic work on Social Credit in the 1934 edition. I consider this one of the most important books on economics and social policy of the 20th century. Read, learn, and enjoy! CLICK HERE

"Job Creation"–Stupid Is as Stupid Does

Tuesday, April 6th, 2010

No one can seriously doubt that the huge amounts of borrowed federal dollars poured into the economy since Barack Obama became president has prevented even more jobs from being lost than might otherwise have been the case in the current devastating recession. It’s impossible, however, to come up with a “real” number, because no economist [...]

The Crisis in Iceland: Every Bubble Ends in Rubble

Tuesday, March 9th, 2010

A friend asked me at brunch recently about the situation in Iceland. Here is a commentary: The small nation of Iceland–population 320,000–can’t produce much of anything that is in demand in the international markets. During the 60s and 70s Icelandic Airlines had a pretty good business running the cheapest flights you could find between the [...]

Passing of An American Original: My Father

Thursday, February 11th, 2010

Richard E. COOK NEWPORT NEWS – Mr. Richard Edward Cook, of Newport News, passed away at 4:40 p.m., Thursday, Feb. 4, 2010, at Riverside Hospital after a short illness. He was 86 years old. Mr. Cook was born on Jan. 7, 1924, in Oklahoma City, Okla. His mother was Carolyn Hill of Kingfisher, Okla., and [...]

Incredible Quote from President Andrew Jackson on the Evils of Banking Appears on Internet

Thursday, January 28th, 2010

Lately an incredible quote from President Andrew Jackson’s 1837 farewell address has been circulating on the internet. For all those who have begun to see the evils that have befallen our nation since it was taken over by the banking oligarchy this is a MUST READ. . . . In reviewing the conflicts which have [...]

Response to a Reader on World Events: "Crime Does Not Pay"

Thursday, January 28th, 2010

Thanks for your recent emails. Yes, the distinction between earned and unearned wealth is indeed critical. And yes, I agree with your identification of monopoly control of resources as being at the root of the problem. Of course the chief monopoly is that of creation of money which governments share with the international banking oligarchy. [...]

Nation-Building Should Begin At Home

Thursday, January 21st, 2010

I have been writing for the last two years or so that the strategy of the Federal Reserve has been to engineer a “soft landing” from the horrendous financial bubbles that were created during the disastrous presidency of George W. Bush. Since President Obama came to power in January 2009, his administration has been partners [...]

How Can Localities Cope if the Dollar Crashes?

Wednesday, January 20th, 2010

A “run on the dollar,” or any currency, for that matter, takes place when the currency is losing its value. This happens when a country’s debt becomes so great that there is danger of a major default–that is, large scale or even national bankruptcy. At that point, people whose wealth is in that currency, or [...]

Is a Run on the Dollar Starting Soon?

Tuesday, January 19th, 2010

In response to a question from a reader I sent this out today: Yes, I think a run on the dollar is coming. A lot of people are saying this, including a man named Dmitri Orlov who recently came out with a book entitled “Reinventing Collapse” that compares the crash of the Soviet Union in [...]

In time of crisis, barter works and may have saved Russia in 1998

Sunday, January 10th, 2010

After the collapse of the Soviet Union caused it to split up into its components, the newly-established nations each faced an economic crisis. In Russia the crisis lasted for a decade. Inflation had destroyed the currency. There was no banking sector to speak of. And the central government had failed to monetize the nation’s potential [...]

Challenger Disaster

In January 1986 Cook became the first NASA official to testify publicly on the space agency's prior knowledge of flaws in the solid rocket booster O-ring joints that destroyed Challenger and took the lives of its seven astronauts. He told his story in the book Challenger Revealed, published in 2007. Publisher's Weekly wrote of the book: "Easily the most informative and important book on the disaster."

The Cook Plan

What I am calling the 'Cook Plan' is to pay each resident of the U.S. a dividend, by means of vouchers for the necessities of life, in the amount of $1,000 per month per capita starting immediately as our fair share of the resources of the earth and the productivity of the modern industrial economy. The money would then be deposited in a new network of community savings banks to capitalize lending for consumers, small businesses, and family farming.

Omna Last

The Lite in the Heart can be experienced when there is enough Love awareness and a strong enough energy field for consciousness to enter deep within the Heart to the place where the Atma lives, shining more brightly than a million Suns.