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Old 12-18-2010, 07:46 PM   #1
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Very entertaining and remarkably veracious commentary
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Old 12-18-2010, 09:13 PM   #2
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Since we're quoting Thomas:

"If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."
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Old 12-18-2010, 09:21 PM   #3
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Sorry WHIP, Snopes says this quote is false

I'm not sure there were things called "corporations" in his time,
but then maybe there were. Something to check out.
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Old 12-18-2010, 09:33 PM   #4
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There are dozens of Jefferson's quotes, that state the exact same thing.
Just as George Washington did, Thomas warns future American's of the situation American's are now living in

""The system of banking we have both equally and ever reprobated. I contemplate it as a blot left in all our constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.""

Snopes claim that is is false, seems to be false
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Old 12-18-2010, 09:38 PM   #5
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The following of course, is that of a constitution, who's purpose, has not been upheld.

"And what country can preserve its liberties, if the rulers are not warned from time to time, that this people preserve the spirit of resistance? Let them take arms"
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Old 12-18-2010, 10:33 PM   #6
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Quote:
Originally Posted by W.HI.P View Post
There are dozens of Jefferson's quotes, that state the exact same thing.
Just as George Washington did, Thomas warns future American's of the situation American's are now living in

""The system of banking we have both equally and ever reprobated. I contemplate it as a blot left in all our constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.""

Snopes claim that is is false, seems to be false
Strange, Snopes doesn't seem to have this quote at all

But I did find it in another source... Hooray !
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Old 12-18-2010, 11:54 PM   #7
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One more, just to digest his points

"I hope we shall... crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government in a trial of strength, and bid defiance to the laws of our country."

Obviously, the USA failed.
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Old 12-19-2010, 12:48 AM   #8
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Don't forget Jefferson did not speak for the nation, or even the government, his opinions were his own.
Prior to 1800, Washington was the one that held the government together, while these competing factions, primarily Federalist and Democratic-Republicans, vied for the direction the nation would evolve. When Washington retired, it was open warfare for a chance to push one of the factions into a position where they could lead the nation in their direction.
Jefferson tied with Burr, but was given the presidency by electors still not chosen by the people. So it was his faction, which also included equally powerful men, that hammered out policy. The result is not everything Jefferson expounded in his speeches/writings became law, or even official policy.

Oh, and it was another hundred years, 1913, before the Federal Reserve was established to screw us completely.
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