Among the many commodities that have been used as money -- such as seashells, tobacco, salt -- the tail feathers of the Resplendent Quetzl -- after whom the national currency of Guatemala is named -- may be the most picturesque. Its tail feathers are said to grow to two feet in length -- three times its body length.
"The Resplendent Quetzal was considered divine, associated with the "snake god", Quetzalcoatl by Pre-ColumbianMesoamerican civilizations. Its iridescent green tail feathers, symbols for spring plant growth, were venerated by the ancient Aztecs and Maya, who viewed the quetzal as the "god of the air" and as a symbol of goodness and light. Mesoamerican rulers and some nobility of other ranks wore headdresses made from quetzal feathers, symbolically connecting them to Quetzalcoatl. Since it was a crime to kill a quetzal, the bird was simply captured, its long tail feathers plucked, and was set free. Quetzalcoatl was the creator god and god of wind, often depicted with grey hair. In several Mesoamerican languages, the term for quetzal can also mean precious, sacred, or erected."
The name quetzal is an ancient Mayan term for tail feather, and the bird itself represents liberty. Ancient people believed the Quetzal would not survive in captivity, it would rather die than be held prisoner. So rather than killing these birds for their feathers, the Maya would pluck them and set the birds free to grow new feathers.
And although no primary sources are cited, StrayReality.com vividly retails the lore of the Quetzal feathers:
Exotic Aztec headdresses, created from the feathers of the male Resplendent Quetzals, were worn in ancient Aztec ceremonies.
They were worn only by the great Aztec Gods, Priests, Warrior Chiefs.
The Aztec tribes would capture the male Quetzals, and keep them alive, then they would remove their tail feathers, and then release the great birds, back into the rainforest, to grow new feathers.
In this way, they always had a growing supply, of beautiful Quetzal feathers, for their leaders and ceremonies.
The ancient Mayans, treasured the male's iridescent, emerald tail feathers, they were more valuable than gold, and if anyone was caught killing their sacred bird, they were punished instantly.
George Gilder, whose new book publishes today, is one of the original pillars of Supply Side economics. As stated by Discovery Institute, which he co-founded, “Mr. Gilder pioneered the formulation of supply-side economics when he served as Chairman of the Lehrman Institute’s Economic Roundtable, as Program Director for the Manhattan Institute….”
He was the living writer most quoted by President Reagan. And he is back with his most brilliant work yet — one of potentially explosive importance if taken to heart by our political and policy thought leaders. It is a radical guide, with surprising insights on almost every page, to the creation of a new era of vibrant prosperity.
As reviewer Paul Brodsky, a professional investor in New York City, perceptively notes,
"Lewis Lehrman is one of a very small group of contemporary gold advocates able to successfully bridge the gap separating practical conservative intellectualism from fleeting, half-baked idealism. His CV lists great success across many fields including education (degrees and teaching fellowships from Yale and Harvard); industry (past president of Rite Aid); politics (narrow loser to Mario Cuomo in the 1982 New York governor’s race); finance, (past Morgan Stanley managing director); private sector entrepreneur (founder, L. E. Lehrman & Company); public sector advocate (founder, Lehrman Institute); historian (author, Lincoln at Peoria: The Turning Point); and recognized philanthropist (awarded the National Humanities Medal by George W. Bush in an Oval Office ceremony). ... Only someone erudite and elegant in demeanor could hope to pull it off . In an irreconcilably over-leveraged world where irritated bond vigilantes question economic sustainability and angry Tea Partiers protest the immorality of it all, Lehrman’s views are considered and his convictions carry weight. He brings gravitas to his cause, and he does so from within as a member of the club."
Before the Fed: JP Morgan Summons the Bank Presidents
"Finally, on the night of Sunday, November 2, Morgan summoned the presidents of the major New York banks to his new library, at the corner of Madison Avenue and Thirty-sixth Street, an Italian Renaissance-style palace he had built next door to his house to showcase his collection of rare books, manuscripts, and other artwork. Its marble floors, frescoed ceilings, walls lined with tapestries and triple-tiered bookcases of Circasian walnut, crammed full of rare Bibles and illuminated medieval manuscripts, made it an incongruous setting for a meeting of the banking establishment. Once the moneymen had gathered, Morgan had the great ornamental bronze doors to the library locked and refused to let anyone leave until all had collectively agreed to commit a further $25 million to the rescue fund."
— Liaquat Ahamed, Lords of Finance (Penguin Books, 2009, p. 54)
Lately we have been engulfed by headlines reporting financial turmoil on every continent, in almost every nation, large and small. The commissars of central planning who so marred the history of the 20th century have been replaced by central banks in the 21st. In Cyprus, the new leadership now dares to confiscate citizens’ wealth with a one-time tax of up to 60 percent on bank deposits above 100,000 euros. Self-interested prime ministers blame continental monetary policies for instigating the currency wars that they themselves surreptitiously carry on.
America recently celebrated — well, maybe we didn’t celebrate – the 80th anniversary of Franklin Roosevelt’s action to end to the gold standard. But America is also celebrating – well, maybe not everyone is celebrating – the 100th anniversary of the legislation creating the Federal Reserve System.
As Lewis E. Lehrman...
Constitution.org provides an extensive and thoughtful Memorandum of Law by Larry Becraft, Esq., of Huntsville, Alabama, on Article I, Section 10, clause 1 of the US Constitution.
Sir William Blackstone courtesy of Wikipedia
One of many interesting matters the Memorandum treats is Blackstone's Commentaries, a book that was a fixture in the...