Wednesday, January 18, 2012

Jefferson Saw The Corruption of Banks and Corporations Coming

"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, 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, from the debate on the recharter of the Bank Bill (1809).

Note that this is not an anti-bank or anti-corporation statement - this is a statement about how banks and corporations can be a problem if the people do not restrain them to their proper place.

In other words, it is nobody's fault but our own. We let it happen. It is up to us to turn things around. . .

-- Political Pistachio Conservative News and Commentary

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