U.S. Presidents: A Little Bit of Truth Goes a Long Way
"Banking institutions are more dangerous to our liberties than standing armies. If 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 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."
~ President Thomas Jefferson, 1801-1809
"Bankers are a den of vipers. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our central bank system, there would be a revolution before morning. If the central bank continues to control our currency, receiving our public monies, and holding thousands of our citizens in dependence, it would be more formidable and dangerous than the naval and military power of the enemy. It is not our own citizens only who are to receive the bounty of our government ... More than 8 million dollars of the stock of this bank are held by foreigners ... Is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country? If government would confine itself to equal protection, and, as Heaven does its rains, shower its favor alike on the high and the low, the rich and the poor, it would be an unqualified blessing."
~ President Andrew Jackson, 1829-1837
"Whoever controls the money of a nation, controls that nation and is absolute master of all industry and commerce. When you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate."
~ President James Garfield, 1881
"We began planning the Revolutionary War in order to issue our own money again ...and keep King George III and Bank of England from enslaving us with debt, and making Americans their financial slaves. By the time the revolutionary war started, Apr. 19 1775, British taxation had sucked the gold and silver out of the American colonies, to Britain. So, we had to print money to finance the war."
~ Benjamin Franklin, a 'founding father', 1706-1790
"The privilege of creating and issuing money is the supreme prerogative of Government, the Government's greatest creative opportunity. By adoption of these principles, taxpayers are saved immense sums of interest."
~ President Abraham Lincoln, 1861-1866
"If this mischievous financial policy which has its origin in North American during the late war in that country, shall become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe."
~ Hazard Circular inserted in 1865 London Times re: Lincoln's 'Greenbacks'.
"Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing voters through the political party system, we get them to expend energies fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and successfully accomplished.
~Aug. 25, 1924 USA Banker's Magazine