Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2008-10-08 Oct 8, 2008The modern banking system manufactures “money” out of nothing; and the process is, perhaps, the most, astounding piece of “sleight of hand” that was ever invented. In fact, it was not invented. It merely “grew”. ... Banks in fact are able to create (and cancel) modern “deposit money”, just as much as they were originally able to create, or call in, their own original forms of private notes. They can, in fact, inflate and deflate, i.e., mint, and un-mint the modern “ledger-entry” currency. ~ Major L. L. B. AngasBanks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.~ John AdamsCapital must protect itself in every way... Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.~ J. P. Morgan Oct 7, 2008Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.~ Andrew JacksonIf Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations.~ Andrew JacksonThe bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.~ Andrew Jackson Oct 6, 2008Banking 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 deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, 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 deposits.~ Sir Josiah StampWhen the President signs this act [Federal Reserve Act of 1913], the invisible government by the money power -- proven to exist by the Monetary Trust Investigation -- will be legalized. The new law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.~ Charles A. Lindbergh, Sr.The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics is a form of brain damage.~ Hazel Henderson Oct 3, 2008To do evil that good may come of it is for bunglers in politics as well as morals.~ William PennPolitical repression consists of government action which grossly discriminates against persons or organizations viewed as presenting a fundamental challenge to existing power relationships or key governmental policies, because of their perceived political beliefs.~ Robert Justin Goldstein[The US has] developed two coordinate governing classes: the one, called ‘business,' building cities, manufacturing and distributing goods, and holding complete and autocratic power over the livelihood of millions; the other, called ‘government,' concerned with preaching and exemplification of spiritual ideals, so caught in a mass of theory, that when it wished to move in a practical world it had to do so by means of a sub rosa political machine.~ Thurman Arnold Oct 2, 2008Anybody that wants the Presidency so much that he'll spend two years organizing and campaigning for it is not to be trusted with the office.~ David BroderAny politician who starts shouting election-year demagoguery about the rich and the poor should be asked, "What about the other 90 percent of the people?~ Thomas SowellThe short memories of the American voters is what keeps our politicians in office.~ Will Rogers Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print