I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of our currency, first by inflation, then by deflation, the banks and the corporations that will grow up around (the banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
This whole to-do with the subprime loans that will be coming around later this year is scary shit. James Kunstler has been grumbling lately about how this speculated crash will be the beginning of the end for america as we know it. This article might be way out there, and Kustler as well, but it’s worth thinking about. Fun times ahead!
Woodrow Wilson, after seeing what he’d done in being tricked into establishing the Federal Reserve:
I am a most unhappy man. I have unwittingly ruined my country. A great industrial country is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all of our activities are in the hands of a few men. We have come to be the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government of free opinion, no longer a government of conviction and the vote of the majority, but a government by the opinion and the duress of a small group of dominant men.
Woodrow Wilson, 1913, ibid.
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