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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."
* Letter to the Secretary of the Treasury Albert Gallatin (1802) and later published in The Debate Over The Recharter Of The Bank Bill (1809)
Thomas Jefferson's Warning To America
www.rense.com...
sounds to me like he was aware of the banks ability to manipulate society,to control the masses, by fabricating then orchestrating financial crashes and rebounds of the economy
Originally posted by DISINFORMANT
So far I agree with the premise that banks will desdtoy this country, but can someone explain what he meant by "first by inflation then by deflation"?
"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." (From Rense.com)
deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.
what hes saying is that eventually someday the people wont be able to afford their homes and property anymore and the greedy banks will take them away and leave the owners and their children homeless...a 200 year old prophecy of.... FORCLOSURE ?!?!?!
Originally posted by ThichHeaded
reply to post by Wyn Hawks
He is talking about the banks raping the land of the people who rightfully own it..(::EDIT:: Actually the white people down own this land either, but going on what he is saying..)
If you are referring to America about the 2 wars we have and probably a few more on the way.. Most of the American public wants nothing to do with it.. Most of these wars are done so rich people can get richer and poor people get thinned out a tad bit more..
This isnt like we are all jumping up and down screaming "MORE WARS!!!!".. Do you really think we want to be in iraq and elsewhere?edit on 8/18/2011 by ThichHeaded because: (no reason given)
Originally posted by DISINFORMANT
So far I agree with the premise that banks will desdtoy this country, but can someone explain what he meant by "first by inflation then by deflation"?
Originally posted by ThichHeaded
reply to post by Wyn Hawks
He is talking about the banks raping the land of the people who rightfully own it
tell that to the tens of thousands of americans thrown out of their homes and the tens of thousands of americans living on the street, some of whom are veterans!
Originally posted by Wyn Hawks
Originally posted by ThichHeaded
reply to post by Wyn Hawks
He is talking about the banks raping the land of the people who rightfully own it
...obviously my point went over your head... i'll try again - no biggie...
...what he said about the security of the children of the conquerors is indicative of a supremacist mindset and its no secret that he was...
...nowadays, that part of his infamous statement is often totally ignored in lieu of his warning about banks and corporations (which was common knowledge even back then)...
...he was in bed with bankers and corporatists when it suited his coffers - and - then, for the benefit of keeping up his facade to the common folk, he would say things to make it appear that the bankers and corporatists were his enemies - but - it was the same game politicians play today and its 100% void of integrity...
wiki.answers.com... this link will explain a lot of the sad facts...
Originally posted by ctdannyd
I've been watching (as I'm sure you all have), the goings on in Europe. Phrases like "forgiving the debt" are being bantered around more and more.
With just about EVERY country owing money to someone, seems like someone should take a look at who owe who what, and find a way to shift the debt around.
ie, (all hypothetical), France owns the US, say, 1 Trillion dollars, England and Germany each own France say, $300 billion. Why not shift that debt owed to look like, England and Germany pay those funds that they each owe to the US, and then France only owes the US, $400 million.
I know I'm probably over simplifying things, but there must be cases where something like this could be done. It's a big paper shuffle, but, might make bottom lines look better.
your welcome...this link is even more mind blowing and sad and i dont see a way out, without the bottom dropping out of our whole social structure en.wikipedia.org...
Originally posted by ctdannyd
Yes Bocula,
I know it's an amazing number that we owed, but part of the problem with the market today is just a lack of confidence, NOT just in the US. Even if we could use my idea with all of the rest of the world, excpet the US (except where monies owed to us or by us changes hands), it might be able to help stableize the rest of the global economy.
Or, the entire world just forgives their debts and we all start over. (yea...like that's going to happen).
Thanks for that link!