Thomas JeffersonThomas Jefferson, (1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President

Famous Thomas Jefferson Quote

“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Thomas JeffersonThomas Jefferson
~ Thomas Jefferson

Letter to John Taylor (28 May 1816) ME 15:23

Ratings and Comments


Mike, Norwalk

We hold this truth to be self evident and, proven throughout history over, and over, and over again.

J Carlton, Calgary

That's what a "Stimulus Package" is...a swindle.

cal, lewisville, tx

Jefferson was right to be against a "National Bank!" He would be shocked to see a Federal Reserve system!

jim k, austin

The "swindling" is going full speed ahead with Nancy and the gang at the wheel.

RBESRQ
  • Reply
RBESRQ    9/23/09

God! why aren't these people around today. Mike, yes, I think Sir Kenneth Clark would agree with you.

E Archer, NYC

Jefferson killed Hamilton's central bank during his term as President seeing the con for what it was -- a swindle! He and Jackson were the only presidents to successfully get rid of the private central banks in their day. Don't count on Obama doing the right thing -- Wall St and the Fed are living comfortably in the White House...

Ken, Allyn, WA

Goldman Sachs corporate officers and Treasury appointees are interchangeable. Sometimes it's hard to tell where GS ends and the Treasury Department begins. The one thing I know though is that they won't be paying the bills with their own money.

Elmer Matter, Brookfield Wi.

Right on the money, If only those idiots we sent to represent us i washington would listen to this advice. Elmer,

Elisabeth, Astoria, NY

Can anyone in government heed their great, insightful Founding Father?

Ronw13, Yachats Or

Money changers never change of making merchandise of our Liberty and Freedom. 1307 forward Scout. Semper fi.

Mary - MI
  • Reply
Mary - MI    10/3/15

The creation of Federal Reserve paper money and digital money out of thin air is the fraud perpetrated on the people of the United States ... making them the collateral for all the debt and interest burden for those even yet unborn.
In not following the U.S. Constitution's mandate to have the monetary system backed by "Coined" intrinsic valued Gold and Silver the U.S. government's Treasury and Federal Reserve Bank is in the business of printing counterfeit money that is, "Not Worth a Continental."
Article 1, Section 8, Clause 5 - "The Congress shall have Power] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;..."

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