Monday, September 28, 2009

A Matter of Time

"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 their currency, first by inflation, then by deflation, the banks and 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."
Thomas Jefferson, (Attributed)
3rd president of US (1743 - 1826)


"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money." Josiah Stamp 1880 - 1941


“It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” - Henry Ford


"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
- Lord Acton

2 comments:

S.A. Detwiler said...

hmmm...I've always had a bad feeling about banks. But I've never had quite the insight and nerve that some of these fellows you've quoted have!

BrianJ said...

Yeah and banks are part of my livelihood. (at least for now)I can't say that I totally understand the banking system and it's intricacies, but I do have deep concerns...and now our government basically owns some of them. Thankfully we're invested in an economy not of this world...where thieves cannot steal.