Saturday, January 31, 2009

Thomas Jefferson Financial Quote from 1802

in light of the present financial crisis, it's interesting to read
what Thomas Jefferson said in 1802:

'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.'

Astute chappie or what?

DATED: 31.01.09

FEED: PTL





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