"We began planning the Revolutionary War in order to issue our own money
again" -Benjamin Franklin ."The Federal Reserve banks are one of the most corrupt institutions the
world has ever seen. There is not a man within the sound of my voice who
does not know that this nation is run by the International bankers."
- Congressman Louis T. McFadden“Whoever controls the volume of money in our country is absolute master
of all industry and commerce…when you realize that the entire system is
very easily controlled, one way or another, by a few powerful men at the
top, you will not have to be told how periods of inflation and
depression originate.” Meaning the IMF/ FED did us in this time.
- James Garfield, 20th President Of U.S. Assassinated 1881“Every effort has been made by the Federal Reserve Board to conceal its
powers, but the truth is that the Federal Reserve System has usurped the
government. It controls everything in congress and it controls all our
foreign relations. It makes and breaks governments at will.”
- Louis McFadden, Chairman of the House Committee on Banking and
Currency"I believe that banking institutions are more dangerous to our liberties
than standing armies. Already they have raised up a moneyed aristocracy
that has set the government at defiance. The issuing power of money
should be taken away from the banks and restored to the people to whom
it properly belongs." Woulda shoulda coulda.
- Thomas Jefferson"Some people think the Federal Reserve Banks are the United States
government's institutions. They are not government institutions. They
are private credit monopolies which prey upon the people of the United
States for the benefit of themselves and their foreign swindlers."
- Congressional Record 12595-12603 June 10, 1932"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... a system which if it could do good in any form is yet
so certain of leading to abuse as to be utterly incompatible with the
public safety and prosperity."
- Thomas Jefferson"Most Americans have no real understanding of the operation of the
international money lenders. The accounts of the Federal Reserve System
have never been audited. It operates outside the control of Congress and
manipulates the credit of the United States."
- United States Senator Barry Goldwater“The financial system has been turned over to the Federal Reserve Board.
That board administers a finance system by authority of a purely
profiteering group. That system is private, conducted for the sole
purpose of obtaining the greatest possible profits from the use of other
people's money. This (Federal Reserve) Act establishes the most gigantic
trust on Earth. When the president signs this bill, the invisible
governments by the monetary power will be legalized. The people may not
know it immediately but the day of reckoning is only a few years
removed, the worst legislatives crime of the ages perpetrated by this
banking bill.”
- Charles A. Lindbergh, Representative, MN"The Federal Reserve is answerable to no one.”
- Ronald Reagan“The issue which has swept down the centuries and which will have to be
fought sooner or later is the People vs. The Banks.”
- Lord Acton, Lord Chief Justice of England, 1875Thomas Jefferson had the answer to our crisis!!!
Bailout Problem solved. Jefferson knew about money and banking:"Paper is poverty,... it is only the ghost of money, and not money
itself." --Thomas Jefferson to Edward Carrington, 1788."Experience has proved to us that a dollar of silver disappears for
every dollar of paper emitted." --Thomas Jefferson to James Monroe,
1791.
"The trifling economy of paper, as a cheaper medium, or its convenience
for transmission, weighs nothing in opposition to the advantages of the
precious metals... it is liable to be abused, has been, is, and forever
will be abused, in every country in which it is permitted." --Thomas
Jefferson to John W. Eppes, 1813."Scenes are now to take place as will open the eyes of credulity and of
insanity itself, to the dangers of a paper medium abandoned to the
discretion of avarice and of swindlers." --Thomas Jefferson to Thomas
Cooper, 1814"It is a cruel thought, that, when we feel ourselves standing on the
firmest ground in every respect, the cursed arts of our secret enemies,
combining with other causes, should effect, by depreciating our money,
what the open arms of a powerful enemy could not." --Thomas Jefferson to
Richard Henry Lee, 1779"We should try whether the prodigal might not be restrained from taking
on credit the gewgaw held out to him in one hand, by seeing the keys of
a prison in the other." --Thomas Jefferson to Thomas Pleasants, 1786."That we are overdone with banking institutions which have banished the
precious metals and substituted a more fluctuating and unsafe medium,
that these have withdrawn capital from useful improvements and
employments to nourish idleness, that the wars of the world have swollen
our commerce beyond the wholesome limits of exchanging our own
productions for our own wants, and that, for the emolument of a small
proportion of our society who prefer these demoralizing pursuits to
labors useful to the whole, the peace of the whole is endangered and all
our present difficulties produced, are evils more easily to be deplored
than remedied." --Thomas Jefferson to Abbe Salimankis, 1810."The banks... have the regulation of the safety-valves of our fortunes,
and... condense and explode them at their will." --Thomas Jefferson to
John Adams, 1819."I sincerely believe... that banking establishments are more dangerous
than standing armies, and that the principle of spending money to be
paid by posterity under the name of funding is but swindling futurity on
a large scale." --Thomas Jefferson to John Taylor, 1816."The incorporation of a bank and the powers assumed [by legislation
doing so] have not, in my opinion, been delegated to the United States
by the Constitution. They are not among the powers specially
enumerated." --Thomas Jefferson: Opinion on Bank, 1791."It has always been denied by the republican party in this country, that
the Constitution had given the power of incorporation to Congress. On
the establishment of the Bank of the United States, this was the great
ground on which that establishment was combated; and the party
prevailing supported it only on the argument of its being an incident to
the power given them for raising money." --Thomas Jefferson to Dr.
Maese, 1809"[The] Bank of the United States... is one of the most deadly hostility
existing, against the principles and form of our Constitution... An
institution like this, penetrating by its branches every part of the
Union, acting by command and in phalanx, may, in a critical moment,
upset the government. I deem no government safe which is under the
vassalage of any self-constituted authorities, or any other authority
than that of the nation, or its regular functionaries. What an
obstruction could not this bank of the United States, with all its
branch banks, be in time of war! It might dictate to us the peace we
should accept, or withdraw its aids. Ought we then to give further
growth to an institution so powerful, so hostile?" --Thomas Jefferson to
Albert Gallatin, 1803."If the debt which the banking companies owe be a blessing to anybody,
it is to themselves alone, who are realizing a solid interest of eight
or ten per cent on it. As to the public, these companies have banished
all our gold and silver medium, which, before their institution, we had
without interest, which never could have perished in our hands, and
would have been our salvation now in the hour of war; instead of which
they have given us two hundred million of froth and bubble, on which we
are to pay them heavy interest, until it shall vanish into air... We are
warranted, then, in affirming that this parody on the principle of 'a
public debt being a public blessing,' and its mutation into the blessing
of private instead of public debts, is as ridiculous as the original
principle itself. In both cases, the truth is, that capital may be
produced by industry, and accumulated by economy; but jugglers only will
propose to create it by legerdemain tricks with paper." --Thomas
Jefferson to John W. Eppes, 1813.Whenever destroyers appear among men, they start by destroying money, for money is men's protection, and the base of a moral existence.
Ayn RandThe end of democracy and defeat of the American Revolution will occur when government falls into the hands of the lending institutions and moneyed incorporations. The Bank of the United States is one of the most deadly hostilities existing against the principles and form of our Constitution. The system of banking is a blot [defect] left in [unsolved by, and unfortunately tolerated by] all our Constitutions [state and federal], which if not covered [eventually solved and revoked] will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity [on the greatest possible scale].
Thomas JeffersonIf the American people ever allow banks to issue their currency, first by inflation and then by deflation [by having to maintain a vital circulation by perpetually re-borrowing principal and interest as subsequent sums of debt, increased perpetually so much as periodic interest], the banks and [bank owned] corporations which will grow up around them will deprive the people of all property, until their children wake homeless on the continent their fathers conquered.
SIR JOSIAH STAMP, FORMER PRESIDENT OF THE BANK OF ENGLAND"Banking was conceived in iniquity, and born in sin. Bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them, and all great fortunes like mine will disappear. And, they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be the slaves of the bankers, and pay the cost of your own slavery, then let bankers continue to create money, and control credit."
ABRAHAM LINCOLN"The money powers prey upon the nation in times of peace, and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies, all who question their methods or throw light upon their crimes.
I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe. [As a further undesirable consequence of the war...] Corporations have been enthroned, and an era of corruption in high places will follow. The money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed." LINCOLN
"The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity."
best of my recollection the discourse between Mr. Otto and myself regarding inflation, deflation, and purported price inflation LINCOLN
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