The last couple paragraphs from the Wilkpedia article on Malcolm Muggeridge
Conversion to Christianity
Having professed publicly to being an agnostic for most of his life, he found his Christian faith, publishing Jesus Rediscovered in 1969 and Jesus: The Man Who Lives in 1976. In A Third Testament, he profiles seven spiritual thinkers, or God's Spies as he called them, who influenced his life: Augustine of Hippo, William Blake, Blaise Pascal, Leo Tolstoy, Dietrich Bonhoeffer, Søren Kierkegaard, and Fyodor Dostoevsky. In this period he also produced several important BBC documentaries with a religious theme, including In the Footsteps of St. Paul.
[edit]
Subsequent conversion to Roman Catholicism
In 1982, he surprised many people by converting to Roman Catholicism at the age of 79 along with his wife, Kitty. This was largely due to the influence of Mother Teresa. His last book was Conversion, published in 1988, and describes his life as a pilgrimage - a spiritual journey.
Muggeridge was a controversial figure - known as a drinker and womaniser in early life. However, his best work came as a result of finding his faith late in life and fighting energetically for moral issues. He is affectionately remembered as St. Mugg. From his book, Jesus: The Man Who Lives, he says, "If the greatest of all, Incarnate God, chooses to be the servant of all, who would wish to be the master?"
A Literary Society in his name was established on March 24th 2003, the occasion of his centenary, and publishes a quarterly newsletter called The Gargoyle
Subscribe to:
Post Comments (Atom)
4 comments:
Mr Trainor,
How do you do good Sir? Not that it has anything to do with this fine post you've presented here, but I was wondering if I could ask you a question about an economic issue.
As a member of the Libertarian party I try and spend some time every now and again researching different issues within the party platform. One of the party's assertions is that invoking the Gold Standard rule back into our economy is a key to economic stability. Furthermore they propose that the Federal Reserve should be abolished.
I've read several articles written by Libertarians defending these points and lot of what they say makes sense. However, I'd like to get a different view on the matter. This video brings up the reasoning behind the Gold Standard:
http://www.youtube.com/watch?v=iYZM58dulPE
What do you think?
I can't believe Scott dosen't know how to spell Traynor! Sheesh!
Oops!
I do now anyway.
Hi Scott,
I viewed tne video the other night and think it was accurate and informative.
I've got to check my understanding, because it seems incredible that the Fed can print all this money (reserve notes) and buy treaury notes: that's what they call monetarizing the debt.
And by pumping this money into the banking system, given the multiplier effect, they allow the money supply to increase at an alarming rate.
Presumably, the banks like this arrangement because they can make a lot more money loaning out the cash than they can holding the treasury notes.
I figured out once that if you divided the total of US dollars out there by the ounces of gold (supposedly) in the US treasury there'd be %34,000 for every ounce of gold. The supposedly part is that it's rumored the Treasury loaned out a lot of the gold to big banks in the eighties and nineties. They charge the banks interest but the interest is computed on the book value of the gold ($35 per ounce). So if the banks sold the gold for $300 an ounce and were paying 7% on $35,
they were axtually payinf the Treasury less than 1% on their proceeds. Another nice deal for the big banks - but how can the banks pay back the gold if the market price keeps going up? So, how much gold is really in the treasury to back up the dollar is a mystery.
Going back to a true gold standard would be very difficult because the growth in the supply of gold can not keep up with the growth of money printed around the world, and governments need to print more money to finance growth. The problem arises when they create money at a rate greater than the the rate at which the economy is gtowing. That's when inflation gets out of hand.
Ooops, Janett needs something. I'll talk to you later.
Andy
Oooops Janett needs me for something
Post a Comment