Thomas Jefferson wrote, "The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered."
That's exactly what happened. Let's nationalize it and start issuing United States Notes without the Fed.
Comments (7)
Our money should be "coin" and something of intrinsic value. We have been gamed for decades and must return to a "pay as you go" economy.
TJ was a smart man. Dont we have any smart leaders anymore? Anyone speaking like this now is treated like a lunatic by the press and political establishment.
"Let me issue and control a nation's money and I care not who writes the laws." Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.
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. -Abraham Lincoln
http://www.dailypaul.com/node/90775
Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow Wilson
THANK YOU, Thomdd! You have stated it accurately.
Don Wood
Many intelligent people in our country do not even KNOW the Federal Reserve Bank is not part of the government. I just surprised my mother with the news recently...she has an MBA but still thought it was part of or owned by the government. Looks like educating them about this is a first step.
Finally looks like this site may just educate a few more! Thanks!
Don Wood
See also, "Audit and End the Federal Reserve Banking System" Link: http://opengov.ideascale.com/akira/dtd/4143-4049
By all means, see KDTroxel's "Audit and End the Federal Reserve Banking System" Link: http://opengov.ideascale.com/akira/dtd/4143-4049