Sat Apr 14th, 2012 at 06:19:05 AM EST
Rhymes, without reason.
"If the American people ever allow the banks to control the issuance of their currency (instead of Congress), first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless on the continent their fathers occupied. The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs."
-Thomas Jefferson, letter to then Secretary of the Treasury, Albert Gallatin, 1802
"The eyes of our citizens are not sufficiently open to the true cause of our distress. They ascribe them to everything but their true cause, the banking system"
- Thomas Jefferson
"All the perplexities, confusion and distress in America arise not from defects in our Constitution; not from want of honour or virtue, so much as from downright ignorance of the nature of coin, credit and circulation."
- President John Adams, 2nd U.S. President
"The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests."
John Sherman letter sent to New York bankers, Morton, and Gould, in support of the then proposed National Banking Act, 1863"
How can the present tragedy be written so our descendants avoid falling in the same trap?
"Whoever controls the volume of money in any country is absolute master of all industry and commerce." President James A. Garfield, assassinated 1881
"People who will not turn a shovel of dirt on the project, nor contribute a pound of material, will collect more money, from the United States, than will the people, who supply all the material and do all the work. This is the terrible thing about interest... But here is the point: If the nation can issue a dollar bond, it can also issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference, between the bond and the bill, is that the bond lets the money-broker collect twice the amount of the bond, and an additional 20%. Whereas the currency, the honest sort, provided by the Constitution, pays nobody, but those, who contribute in some useful way. It is absurd, to say that our country can issue bonds, and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the people."
Thomas Edison, on the absurdity of allowing the Federal Reserve Bank the monopoly privilege of lending us our own money.
"The Morgan interests took advantage... to precipitate the panic [of 1907], guiding it shrewdly as it progressed."
- Life Magazine, 1907, explaining the events that led to the creation of the Federal Reserve Bank.
"Let me control a peoples currency and I care not who makes their laws."
- Meyer Nathaniel Rothschild in a speech to a gathering of world bankers February 12, 1912, a requote of his ancestor Mayer Amschel.
"This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President Wilson signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill. From now on, depressions will be scientifically created."
Charles A. Lindbergh, Sr., 1913
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit... We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world - no longer a Government of free opinion, no longer a Government by conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men."