Joined: 15 Apr 2006 Posts: 103 Location: England, UK
Historic Quotes (Worth reading)
Quote:
quoted by Thomas Jefferson
"I sincerely believe that banking establishments are more dangerous than standing armies"
"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
Quote:
quoted by 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 most 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."
"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."
"No duty is more imperative on the Government than the duty it owes the people to furnish them with a sound and uniform currency, and of regulating the circulation of the medium of exchange so that labor will be protected from a vicious currency, and commerce will be facilitated by cheap and safe exchanges."
"The monetary needs of increasing numbers of people advancing toward higher standards of living can and should be met by the Government. Government has the power to regulate the currency and credit of the nation.
"Government, possessing the power to create and issue currency and credit as money, and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not borrow capital at interest as the means of financing governmental work and public enterprise.
"The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity."
Abraham Lincoln was perhaps the most illuminated, comprehensive theorist to his time on the proper form of currency, and vital role of government in sustaining commerce. Mathematically perfected economy can be directly deduced from his prescriptions. Lincoln is strikingly clear on the role of currency.
Lincoln prepared for his presidency by studying mathematics. During the Civil War, bankers harassed Lincoln to accept an unlimited loan to finance the North against the South. Pondering the costs of mere evidence of debt the country could have issued to itself without interest, Abraham Lincoln too ventured the rectification of economics. Lincoln avoided the usurious national debt the country would have been subject to ever afterward had he instead accepted the mere paper or records of debt of the bankers. He printed the money himself.
Bankers and "economists" have since denounced the currency he issued as "inflationary". It was of course no more inflationary than the currency the bankers would have created at virtually no cost whatever. Lincoln's currency lacked only the "interest," by which the bankers would have profitted perpetually. He was soon assassinated — from the rear.
Quote:
quoted by Congressman Louis T. McFadden before the House of Representatives in the midst of the Great Depression, 1932
"Every effort has been made by the Federal Reserve Board to conceal its power. But the truth is, the Federal Reserve Board has usurped the government of the United States.
It controls everything here; and it controls our foreign relations. It makes or breaks governments at will. No man, and no body of men, is more entrenched in power than the arrogant credit monopoly which operates the Federal Reserve Board and the Federal Reserve Banks.
These evil-doers have robbed this country of more than enough money to pay the national debt. What the National Government has permitted the Federal Reserve Board to steal from the people should now be restored to the people. The people have a valid claim against the Federal Reserve Board and the Federal Reserve Banks. If that claim is enforced, Americans will not need to stand in bread lines. Homes will be saved. Families will be kept.
What is needed here is a return to the Constitution of the United States. The old struggle that was fought out here in Jackson's day must be fought over again.
The Federal Reserve Act should be repealed; and the Federal Reserve Banks — having violated their charters — should be liquidated immediately. Faithless government officers who have violated their oaths of office should be impeached and brought to trial.
Unless this is done by us, I predict the American people — outraged, robbed, pillaged, insulted, and betrayed as they are in their own land — will rise in their wrath and send a President here who WILL sweep the money changers from the temple."
Quote:
quoted by Mayer Amschel Rothschild
"Let me issue and control a nation's money and I care not who writes its laws."
quoted by Baron Nathan Mayer Rothschild
"I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man that controls Britain's money supply controls the British Empire, and I control the British money supply."
