iamhotep
25.02.09, 16:02
If 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.
************Thomas Jefferson
"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."
**************SIR JOSIAH STAMP, FORMER PRESIDENT OF THE BANK OF
ENGLAND
"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."
"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