Top 73 Quotes & Sayings by G. Edward Griffin - Page 2

In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total.

When the Goths are at the gates, forming study groups and praying for deliverance is not effective defense.

The information that follows is taken primarily...from government hearings and reports published from various Senate and House committees.

The nation's first experiment with the income tax was tried at this time; another violation of the Constitution.

And what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money.

In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt.

The Civil War was started over economic issues, not slavery. The War was not popular in the North until the issue of slavery was added at a later time to turn it into a moral crusade.

There is no time in American history in which there was more economic conflict between segments of the population than there was prior to the Civil War.

If Lincoln's primary goal in the War was not the abolition of slavery but simply to preserve the Union, the question arises: Why did the Union need preserving? Or, more pointedly, why did the Southern states want to secede?

And thirdly, the FDA occasionally does some genuine public good with whatever energies it has left over after serving the vested political and commercial interest of its first two activities.

During the Nuremberg trials, Oswald Pohl, an SS Lieutenant General,...is shown here explaining how Farben operated such concentration camps as Auschwitz and Buchenwald.

In 1938, I. G. Farben sent a letter to (a major drug firm), one of its American subsidiaries, (that)..all advertising contracts must contain '...a legal clause whereby the contract is immediately cancelled if overnight the attitude of the paper toward Germany should be changed.

By...WWII, I.G. Farben had become...part of the most gigantic and powerful cartel of all history...interlocking agreements...over 2,000 of them...In the US, the cartel had established important agreements with