Friday, December 05, 2008

Quotations

Federal Reserve Quotes

"I have never seen more Senators express discontent with their jobs....I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgivable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected."
- John Danforth (R-Mo)

Federal Reserve Quotes

"This [Federal Reserve Act] establishes the most gigantic trust on Earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill."
- Charles A. Lindbergh, Sr. , 1913

Federal Reserve Quotes

"The [Federal Reserve Act] as it stands seems to me to open the way to a vast inflation of the currency... I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency."
- Henry Cabot Lodge Sr., 1913

Quotes on the Federal Reserve

"The few who understand the system, will either be so interested from it's profits or so dependent on it's favors, that there will be no opposition from that class."
- Rothschild Brothers of London, 1863

Federal Reserve Quotes
"The Federal Reserve bank buys government bonds without one penny."
- Congressman Wright Patman, Congressional Record, Sept. 30, 1941

Federal Reserve Quotes
"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the International bankers."
- Congressman Louis T. McFadden (speaking in the Senate)

Federal Reserve Quotes
"When you or I write a check there must be sufficient funds in our account to cover the check, but when the Federal Reserve writes a check there is no bank deposit on which that check is drawn. When the Federal Reserve writes a check, it is creating money."
- Putting it simply, Boston Federal Reserve Bank

Federal Reserve Quotes
"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance."
- James Madison

Federal Reserve Quotes
"Some people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers."
- Congressional Record 12595-12603 - Louis T. McFadden, Chairman of the Committee on Banking and Currency, June 10, 1932

Federal Reserve Quotes
"Neither paper currency nor deposits have value as commodities, intrinsically, a 'dollar' bill is just a piece of paper. Deposits are merely book entries."
- Modern Money Mechanics Workbook, Federal Reserve Bank of Chicago, 1975

Federal Reserve Quotes
"Give me control of a nation's money and I care not who makes it's laws."
- Mayer Amschel Bauer Rothschild

Federal Reserve Quotes
"From now on, depressions will be scientifically created."
- Congressman Charles A. Lindbergh Sr. , 1913

Federal Reserve Quotes
"The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations."
- Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982

Federal Reserve Quotes
"...the increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to 45 billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks."
- Eustace Mullins

Federal Reserve Quotes
"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
- Henry Ford

Federal Reserve Quotes
"The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency."
- Major L .L. B. Angus

Federal Reserve Quotes
"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create deposits."
- SIR Josiah Stamp, (President of the Bank of England in the 1920's, the second richest man in Britain)

Federal Reserve Quotes
"Banks lend by creating credit. They create the means of payment out of nothing."
- Ralph M. Hawtrey, Secretary of the British Treasury

Federal Reserve Quotes
"People who will not turn a shovel full of dirt. nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest ...But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan."
- Thomas Edison

Federal Reserve Quotes
"By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft."
- John Maynard Keynes

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1 comment:

Atticus said...

Gordon Gekko: It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.