A Quote by Thomas Jefferson
Stock dealers and banking companies, by the aid of a paper system, are enriching themselves to the ruin of our country, and swaying the government by their possession of the printing presses, which their wealth commands and by any other means, not always honorable to the character of our countrymen.
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The friendliness and charity of our countrymen can always be relied upon to relieve their fellow citizens in misfortune. This has been repeatedly and quite lately demonstrated. Federal aid in such cases encourages the expectation of paternal care on the part of the Government and weakens the sturdiness of our national character, while it prevents the indulgence among our people of that kindly sentiment and conduct which strengthens the bonds of a common brotherhood.
Jobs are just about the best they've ever been. We've created almost $4 trillion in wealth if you look at your stock values and you look at what's going on with our country. But we've created tremendous wealth. The enthusiasm and spirit on every single index is higher than it's ever been before for our manufacturers and for our companies. After spending billions of dollars defending other people's borders, we are finally going to defend our borders.
The country is headed toward a single and splendid government of an aristocracy founded on banking institutions and moneyed incorporations and if this tendency continues it will be the end of freedom and democracy, the few will be ruling...I hope we shall...crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government to trial and bid defiance to the laws of our country. I sincerely believe that banking establishments are more dangerous than standing armies.
What is the use of freedom of the press if the government is in possession of all the printing presses, what does freedom of assembly avail if all the meeting places belong to the government? In a society in which there is no more personal and economic freedom, even the freest form of the state cannot make political independence possible.
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.
In the U.S. more than any other place, the banking system is insane. Millions of Americans lost their houses. Because of what? Because of the banking system. This American banking system is also coming to Europe. We can say today that the banks and high financiers run the world.
Apart from medieval China, which invented both paper and printing centuries before the West, the world had never seen government paper money until the colonial government of Massachusetts emitted a fiat paper issue in 1690.
The steady character of our countrymen is a rock to which we may safely moor; and notwithstanding the efforts of the papers to disseminate early discontents, I expect that a just, dispassionate and steady conduct, will at length rally to a proper system the great body of our country. Unequivocal in principle, reasonable in manner, we shall be able I hope to do a great deal of good to the cause of freedom & harmony.
The attitude of the people proves that not only do we want to, but that we can succeed in pulling our country out of the difficult position it finds itself in. The banking system of our country will survive and grow.
We have our own system, ... and journalists in our system are not put in prison for embarrassing the government by revealing things the government might not wish to have revealed. The important thing is that our system, under which journalists can write without fear or favor, should continue.
We need to take command of the solar system to gain that wealth, and to escape the sea of paper our government is becoming, and for some decent chance of stopping a Dinosaur Killer asteroid.
University printing presses exist, and are subsidised by the Government for the purpose of producing books which no one can read; and they are true to their high calling.
It's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation.
If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed.
But if we have been willing to give our lives to this enterprise, which is for the honour of our country, I appeal to our countrymen to see that those who depend on us are properly cared for.
Democracy is our most valuable possession. Upholding it is our duty and our responsibility. This means a continuous, decisive and self-confident argument; it means effort and endeavor to reach compromise and long-lasting consensus. These form the cornerstones of the only form of political system that can guarantee freedom.
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