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Forum Post: If the...people...allow private banks to control the issue of their currency,first by inflation,then by deflation,the banks&corporations...will deprive the people of all property until their children wake up homeless...JEFFERSON 3rd USPresident 1743-1826

Posted 7 years ago on Nov. 15, 2011, 10:44 a.m. EST by FedWallFedWellFedUP (183)
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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)

18 Comments

18 Comments


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[-] 1 points by TLydon007 (1278) 7 years ago

http://www.snopes.com/quotes/jefferson/banks.asp

You people are so god damn gullible..

[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

“It is well enough that 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
[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

"It is an old maxim and a very sound one, that he that dances should always pay the fiddler. Now, sir, in the present case, if any gentlemen, whose money is a burden to them, choose to lead off a dance, I am decidedly opposed to the people's money being used to pay the fiddler...all this to settle a question in which the people have no interest, and about which they care nothing. These capitalists generally act harmoniously, and in concert, to fleece the people, and now, that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel." - Abraham Lincoln, January 11, 1837

[-] 1 points by guitarmywin (158) 7 years ago

Jefferson in a letter to John Taylor in 1816. He wrote, "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."

[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

great attribution...thanks!

[-] 1 points by guitarmywin (158) 7 years ago

Great minds think alike

[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

:) the haunting voice of our founders and courageous leaders

[-] 1 points by guitarmywin (158) 7 years ago

Homes should be safeguarded against the vagaries of financial conditions, especially the homes where children reside. Shelter is a basic human need: therefore it is a basic human right.

[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

“It is well enough that 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
[-] 0 points by cityrep (20) 7 years ago

You mean the banks that provide credit to individuals and businesses? The banks that provide checking accounts and credit cards so you don't have to carry a huge wad of cash around with you? The same banks that facilitate international trade through currency transactions and financing? Those banks?

[Removed]

[-] 0 points by l31sh0p (279) from Sand Fork, WV 7 years ago

According to the Jefferson Encyclopedia, the earliest printed reference to this quotation found so far appeared in a 1937 Congressional subcommittee report, which means there is no known record of these words having been attached to Jefferson's name until well more than a century after his death.

[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

same source Jefferson Encyclopedia...[in] a statement Jefferson made in a letter to John Taylor in 1816. He wrote, "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."

[-] 0 points by l31sh0p (279) from Sand Fork, WV 7 years ago

Jefferson didn't want a national bank, but he also wanted to dismantle the military and federal taxes.

So, while some ideas 200 years ago still sound good today... most don't.

[-] 0 points by prosemitic (63) 7 years ago

your attempt deflection wont work no more . when americans wake up in one go soon...the 'moneylenders' are in deep shit

[-] 1 points by FedWallFedWellFedUP (183) 7 years ago

Same source as detractor harassing you... [in] a statement Jefferson made in a letter to John Taylor in 1816. He wrote, "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."

[-] 0 points by l31sh0p (279) from Sand Fork, WV 7 years ago

My 'deflection' was taken from an Encyclopedia, whereas these quotes were found more than likely in a chain e-mail.

You should work on your English if you want to be taken seriously.

[-] 0 points by prosemitic (63) 7 years ago

Thank you for the english lesson,but you are in the wrong classroom. The post said (atrributed)...so thats not the problem here. Try to focus your comments on the content of the quote if you have some remaining brain juice left from the constant brainwashing in US Media. And like I said, deflection wont work anymore, americans are already seeing the hands orchestrating the mess all these while. And things will get messy for the 'moneylenders'

[-] 0 points by l31sh0p (279) from Sand Fork, WV 7 years ago

Just like this quote was attributed to Jefferson: http://www.huffingtonpost.com/2011/11/01/atheists-billboard-thomas-jefferson_n_1035168.html

There is no comment on the content of the quote because Jefferson's thought process isn't relevant in that context.