Banks and Standing Armies – The wisdom of 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 (growing money supply – a credit boom) and then by deflation (huge credit contraction), the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered.” Thomas Jefferson

“A once in a lifetime credit tsunami” – Alan Greenspan on the current market problems.

Jefferson viewed the banks as the mechanisms used by rich and powerful influential men by which productive capacity was siphoned off into private hands through corporate shills and away from the people and into large, bank maintained and bank controlled corporations. Banks are the apex predators of capitalism.

Jefferson foretold the very event we are witnessing right now. The thing that people don’t get about the current situation is that it is much worse than anyone currently realises.  In my opinion, not only are we seeing a move away from a type of mercantile system which was supposed to reward hard work and savings, but we are probably witnessing the move away from a political system…democracy…at least as it was.

Yes, we will still have 2 parties, gloriously slugging it out…but in many ways, the 2 parties were long ago bought and paid for by the New York bankers on that side of the Atlantic and on this side of the Atlantic, by Monarchies…the very form of governance the US founders were fleeing from. Many people in the UK today mistakenly believe that we live in a democracy. We don’t…we live in a Monarchy. The masters of the UK citizens live in Buckingham palace. The Royal family is a figure head institution in many ways, but they still have all the levers of power which they will surely use should the situation not be to their liking.

• Living at Home as an Adult There are those who believe that anyone who is no...
• People Here Don't Give A Crap What Kind Of Car We Drive. And believe me, that is a welcome relief after living...
• Use of Past Lives Why would it be so important to know about our...

Tags: Alan Greenspan, Capitalism., Credit Boom, Credit Crunch, Currency, Inflation, Thomas Jefferson, UK Banks