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  1. #1
    Join Date
    Sep 2005
    Location
    Texas
    Posts
    2,793

    Our forefathers knew

    "All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation." ~ John Adams In a letter to Thomas Jefferson


    '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.'
    Thomas Jefferson 1802


    "Gentlemen, 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. I intend to rout you out, and by the eternal God, I will rout you out."


    Andrew Jackson to a delegation of bankers - 1832
    The last president to eliminate the Debt of the USA.

  2. #2
    Join Date
    Aug 2001
    Location
    forney texas
    Posts
    17,890
    ahah, good old andrew jackson, vilified for his backwoods ways. Good Post

  3. #3
    Join Date
    Sep 2008
    Location
    Western PA
    Posts
    25,950
    Quote Originally Posted by air2spare View Post
    "All the perplexities, confusions, and distresses in America arise, not from defects in the Constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit, and circulation." ~ John Adams In a letter to Thomas Jefferson


    '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.'
    Thomas Jefferson 1802


    "Gentlemen, 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. I intend to rout you out, and by the eternal God, I will rout you out."


    Andrew Jackson to a delegation of bankers - 1832
    The last president to eliminate the Debt of the USA.

    What I find amazing is the eloquence of the speakers. This was LONG before professional speechwriters and the speeches were far better written.

    Sad testament to society today.

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