Quotes about Banking

"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 the money and its issuance".
-- James Madison (about the Rothschilds)

"Give me control of a nation's money and I care not who makes the laws".
-- Mayer Amschel Rothschild

"We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent."
-- Statement made before the United States Senate on Feb. 7, 1950 by James Paul Warburg (Illuminati, Rothschild Banker & Chairman of the Federal Reserve)

"[T]he drive of the Rockefellers and their allies is to create a one-world government, combining super-capitalism and Communism under the same tent, all under their control ... Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent." 
-- congressman Larry McDonald

"Can anything be more absurd than that a nation should apply to an individual to maintain its credit, and with it's credit, its existence and its comfort as a people?"
-- Lionel Rothschild: quoted by Benjamin D'Israeli in 1844 

"I care not what puppet is placed on the throne of England to rule the Empire, ...The man that controls Britain's money supply controls the British Empire. And I control the money supply".
-- Baron Nathan Mayer Rothschild

"The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantages...will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests."
-- Rothschild Brothers of London communique' to associates in New York June 25, 1863 

"It is well enough that 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

"Mr. Chairman, we have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the Fed...This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government."
-- Congressman Louis T. McFadden, May 23, 1933

"If my sons did not want wars, there would be none"
-- Gutle Schnaper - Mayer Armand Rothschild's wife

"The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
-- John Maynard Keynes

"If the debt which the banking companies owe be a blessing to anybody, it is to themselves alone, who are realizing a solid interest of eight or ten per cent on it. As to the public, these companies have banished all our gold and silver medium, which, before their institution, we had without interest, which never could have perished in our hands, and would have been our salvation now in the hour of war; instead of which they have given us two hundred million of froth and bubble, on which we are to pay them heavy interest, until it shall vanish into air... We are warranted, then, in affirming that this parody on the principle of 'a public debt being a public blessing,' and its mutation into the blessing of private instead of public debts, is as ridiculous as the original principle itself. In both cases, the truth is, that capital may be produced by industry, and accumulated by economy; but jugglers only will propose to create it by legerdemain tricks with paper."
-- Thomas Jefferson to John W. Eppes, 1813. 



More quotes via http://www.economania.co.uk/quotes.htm :-

How Banks Create Money

"Banks actually create money when they lend it. Here's how it works: Most of a bank's loans are made to its own customers and are deposited in their checking accounts. Because the loan becomes a new deposit, just like a paycheck does, the bank once again holds a small percentage of that new amount in reserve and again lends the remainder to someone else, repeating the money-creation process many times."
-- Federal Reserve Bank of Dallas
   http://www.dallasfed.org/educate/everyday/ev9.html

"[Banks] do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes in exchange for credits to the borrowers' transaction accounts."
-- 1960s Chicago Federal Reserve Bank booklet entitled "Modern Money Mechanics".
   http://www.dollarnoncents.com/MMM.pdf

Banks create money. That is what they are for. . . . The manufacturing process to make money consists of making an entry in a book. That is all. . . . Each and every time a Bank makes a loan . . . new Bank credit is created -- brand new money.
-- Graham Towers, former Governor of the Bank of Canada.
   http://en.wikipedia.org/wiki/Graham_Towers

[W]hen a bank makes a loan, it simply adds to the borrower's deposit account in the bank by the amount of the loan. The money is not taken from anyone else's deposit; it was not previously paid in to the bank by anyone. It's new money, created by the bank for the use of the borrower.
-- Robert B. Anderson, Secretary of the Treasury under Eisenhower.
   http://en.wikipedia.org/wiki/Robert_B._Anderson

"This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon."
-- Robert Hemphill, Credit manager of the Atlanta Federal Reserve Bank.
   Quoted here: http://www.rapidtrends.com/federal-reserve-planned-failure-of-the-us-economy-fiat-currency-is-not-an-accident/
   Bill Kruse of economania: "I'll echo everything he says there, it absolutely astounded me when I began to grasp what's going on. It's revelatory. I'm not sure I've begun to understand the full implications even now, some years on. There are further quotes on that page which I find deeply alarming."

"... the truth is that a dollar of capital in a bank can actually result in eight or ten dollars of loans to families and businesses, a multiplier effect that can ultimately lead to a faster pace of economic growth."
-- President Obama in a speech at Georgetown University dated April 14th 2009
   Transcript: http://capitalbeat.com/?p=3195

"[F]or every $1 or $1.50 which people, or the government, deposit in a bank, the banking system can create out of thin air and by the stroke of a pen some $10 of checkbook money or demand deposits. It can lend all that $10 into circulation at interest just so long as it has the $1 or a little more in reserve to back it up."
-- former Congressman Jerry Voorhis.
   http://en.wikipedia.org/wiki/Jerry_Voorhis

"And the banks - hard to believe in a time when we're facing a banking crisis that many of the banks created - are still the most powerful lobby on Capitol Hill. And they frankly own the place," 
-- Senator Dick Durbin
   http://www.huffingtonpost.com/2009/04/29/dick-durbin-banks-frankly_n_193010.html

"Whoever controls the volume of money in any country is absolute master of all industry and commerce... And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate."
-- former USA President James Garfield.
   http://en.wikipedia.org/wiki/James_Garfield

"If the people only understood the rank injustice of our Money and Banking system, there would be a revolution before morning."
-- former USA President Andrew Jackson.
   http://en.wikipedia.org/wiki/Andrew_Jackson

"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. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in... But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit."
-- Sir Josiah Charles Stamp, earlier Bank of England director.
   http://en.wikipedia.org/wiki/Josiah_Stamp,_1st_Baron_Stamp

Another version:
"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 a pen they will create enough deposits to buy it back again. However, take it away from them, and all the fortunes like mine will disappear, and they ought to disappear, for this world would be a happier and better world to live in. But if you wish to remain slaves of the Bankers and pay for the cost of your own slavery, let them continue to create deposits."
-- Sir Josiah Stamp, President of the Bank of England in the 1920s, the second richest man in Britain



"Henry Ford thinks its stupid and so do I, that for the loan of its own money the United States should be compelled to pay . . . interest. Why must we pay interest to money-brokers for the use of our own money!"
-- Thomas Edison, inventor.
   http://en.wikipedia.org/wiki/Thomas_Edison

"You do not have too many workers, you have too little money in circulation, and that which circulates, all bears the endless burden of unrepayable debt and usury...[the Colonial Scrip was issued] with our money [with no interest owed to anyone.]"
-- Benjamin Franklin, USA founding father on Colonial Scrip.
   http://en.wikipedia.org/wiki/Benjamin_franklin

"[It was] the poverty caused by the bad influence of the English bankers on the Parliament which has caused in the colonies hatred of the English and . . . the Revolutionary War."
-- Benjamin Franklin, a little later on.

"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt."
-- former USA president John Adams.
   http://en.wikipedia.org/wiki/John_adams

"The real rulers in Washington are invisible, and exercise power from behind the scenes."
-- Felix Frankfurter, former Supreme Court Associate Justice.
   http://en.wikipedia.org/wiki/Felix_Frankfurter

"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. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-- Former USA president Thomas Jefferson, in the debate over the Re-charter of the Bank Bill (1809) 
   http://en.wikipedia.org/wiki/Thomas_Jefferson


"A power has risen up in the government greater than the people themselves, consisting of many and various powerful interests, combined in one mass, and held together by the cohesive power of the vast surplus in banks."
-- John C. Calhoun, an earlier Vice President of America
   http://en.wikipedia.org/wiki/John_C._Calhoun

"There is an evil which ought to be guarded against in the indefinite accumulation of property from the capacity of holding it in perpetuity by corporations. The power of all corporations ought to be limited in this respect. The growing wealth acquired by them never fails to be a source of abuses."
-- former USA President James Madison.
   http://en.wikipedia.org/wiki/James_madison

"Some people think the Federal Reserve Banks are US government institutions. They are not - they are private credit monopolies which prey upon the people of the U.S. for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will"
-- Congressman Charles McFadden.
   http://www.rapidtrends.com/federal-reserve-planned-failure-of-the-us-economy-fiat-currency-is-not-an-accident/

"The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements.The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States. The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it."
-- Congressman Charles McFadden.

"The real truth of the matter is that a financial element in the large centers has owned the government since the days of Andrew Jackson."
-- former USA President Franklin D Roosevelt.
   http://en.wikipedia.org/wiki/Franklin_D_Roosevelt

"The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson — and I am not wholly excepting the Administration of W.W. (Woodrow Wilson). The country is going through a repetition of Jackson’s fight with the Bank of the United States — only on a far bigger and broader basis."
 ~ President Franklin D. Roosevelt, 1933

"The real menace of our Republic is the invisible government, which like a giant octopus sprawls its slimy legs over our cities, states and nation. To depart from mere generalizations, let me say that at the head of this octopus are the Rockefeller-Standard Oil interests and a small group of powerful banking houses generally referred to as the international bankers. The little coterie of powerful international bankers virtually run the United States government for their own selfish purposes.
They practically control both parties, write political platforms, make catspaws of party leaders, use the leading men of private organizations, and resort to every device to place in nomination for high public office only such candidates as will be amenable to the dictates of corrupt big business.
‘These international bankers and Rockefeller-Standard Oil interests control the majority of the newspapers and magazines in this country. They use the columns of these papers to club into submission or drive out of office public officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government. It operates under cover of a self-created screen [and] seizes our executive officers, legislative bodies, schools, courts, newspapers and every agency created for the public protection.
-- John F Hylan, former New York City Mayor.
   http://en.wikipedia.org/wiki/John_Francis_Hylan

"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out."
-- Andrew Jackson


"If Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations."
-- President Andrew Jackson


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"The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers.  The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity.  By the adoption of these principles... the taxpayers will be saved immense sums of interest.  Money will cease to be master and become the servant of humanity."
-- Abraham Lincoln

"The financial system has been turned over to the Federal Reserve Board. That board administers a finance system by authority of a purely profiteering group. That system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. This (Federal Reserve) Act establishes the most gigantic trust on Earth. When the president signs this bill, the invisible governments by the monetary power will be legalized. The people may not know it immediately but the day of reckoning is only a few years removed, the worst legislatives crime of the ages perpetrated by this banking bill."
-- Charles A. Lindbergh, Representative, MN - Banking and Currency and The Money Trust, 1913 

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"All paper currencies are toilet paper, the dollar is simply two ply."
-- Thomas Caplin

"All the perplexities, confusion and distress in America arise not from defects in the constitution or confederation, nor from want of honor or virtue, as much from the downright ignorance of the nature of coin and circulation."
-- John Adams in a letter to Thomas Jefferson

"We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people."
-- Daniel Webster, speech in the American Senate, 1833
 

"Money is a new form of slavery, and is distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave."
-– Leo Tolstoy


"Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: 'Account overdrawn.'"
-- Ayn Rand

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"[Credit] is not the money itself. Money is gold, and nothing else."
-- J.P. Morgan, in official testimony before Congress in December 1912, just three months before his death. Also 253 days before H.R. 7837, better known as the Federal Reserve Act, was introduced on the floor of Congress. The Federal Reserve Act went on to become law and pave the way for the perpetual fraud of fiat currency which underpins our modern financial system.

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."
-- John Dalberg Lord Acton 

"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."
-– Napoleon Bonaparte


"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent."
-- John Kenneth Galbraith (1908- ), former professor of economics at Harvard, writing in "Money: Whence it came, where it went"(1975). 

"If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe."
-- The London Times responding to Lincoln's Greenback notes 

"The money powers prey upon the nation in times of peace and conspire against it in times of adversity. It is more despotic than a monarchy, more insolent than autocracy, and more selfish than bureaucracy. It denounces as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me and the Bankers in the rear. Of the two, the one at my rear is my greatest foe.. corporations have been enthroned and an era of corruption in high places will follow, and the money powers of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in the hands of a few, and the Republic is destroyed."
-- Abraham Lincoln

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
-- Carroll Quigley (1910-1977) Professor of History at Georgetown University, member of the Council on Foreign Relations (CFR), mentor to Bill Clinton Source: in his book Tragedy and Hope, 1966, pg 324 


"I know of absolute certainty that the division of the United States into two federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the United States, if they remained as one block and were to develop as one nation, would attain economic and financial independence, which would upset the domination of Europe over the world."
-- 1876, Otto von Bismarck, Chancellor of Germany (The then American resistance to powerful central banks, was feared in Europe and their private power structures.) 


"I am afraid that the ordinary citizen will not like to be told that the banks can, and do, create and destroy money. The amount of money in existence varies only with the action of the banks in increasing or decreasing deposits and bank purchases. Every loan, overdraft or bank purchase creates a deposit, and every repayment or bank sale destroys a deposit. ... And they who control the credit of a nation, direct the policy of Governments and hold in the hollow of their hands the destiny of the people."
-- Reginald McKenna, a former Chancellor of the Exchequer, addressing the shareholders as Chairman of the Midland Bank, at the Annual General Meeting in January 1924. 

"This is the tendency of all human governments. A departure from principle becomes a precedent for a second; that second for a third; and so on, till the bulk of society is reduced to mere automatons of misery, to have no sensibilities left but for sinning and suffering... And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression."
-- Thomas Jefferson 

"The powers of financial capitalism had a far-reaching aim - nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements [BIS] in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations ... Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
-- Carroll Quigley in his book "Tragedy and Hope" 

"Capital must protect itself in every way...Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd."
-- Taken from the Civil Servants' Year Book, "The Organizer"January 1934 


"Usury is also strongly condemned in many other parts of the Bible. It is difficult to understand how we can class ourselves as a Christian and Godly civilization when we pursue a nation on a course such as this. Our banker "money"system is THE great usury conspiracy. It makes usury an inherent part of our system. It is economically unsound, and is wicked, vicious and defenceless method of exploitation. It is contrary to the laws of reason, to the laws of nature and to the laws of God. Such violation of the laws of nature and of God could only have resulted in bringing the great curses upon our civilization known as "depressions." The Communists want us to be drowned in an ocean of worthless currency. The privately owned Federal Reserve System (created by Paul Moritz Warburg, agent for the Rothschild's), stands ready to create that ocean."
-- Major George Racey Jordan 


"Money is the bankers' property that you only use at their sufference."
-- Kenneth Dean Troxel 


"The underlying idea in the greenback philosophy...is that the issue of currency is a function of the government, a sovereign right which ought not to be delegated to corporations."
-- 1902 Dr. Davis Rich Dewey, Professor of Economics and Statistics 

"We began with an understanding of money and the fact that our money is loaned into existence, with interest, which means it grows exponentially - by design - and that this results in powerful pressures to keep the amount of credit, or money, constantly growing by some percentage each year."
http://www.peakprosperity.com/blog/90385/future-shock-crash-course-chapter-25


"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


"I have just been on a swing through the North and East, and have talked to some of the leading financiers of the country. All the wealth of the United States has gotten into the hands of about five thousand families and their connections. You know, if something is not done pretty soon to get this money out of cold storage, we're going to have the doggondest panic this country ever saw."
-- Will Rogers - 1928


"For a long time I felt that FDR had developed many thoughts and ideas that were his own to benefit this country, the United States. But, he didn't. Most of his thoughts, his political ammunition, as it were, were carefully manufactured for him in advanced by the Council on Foreign Relations-One World Money group. Brilliantly, with great gusto, like a fine piece of artillery, he exploded that prepared "ammunition"in the middle of an unsuspecting target, the American people, and thus paid off and returned his internationalist political support."
-- Curtis Dall, FDR's son-in-law as quoted in his book, My Exploited Father-in-Law

"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants and debt is the money of slaves."
-- Traditional


"If all bank loans were paid, no one would have a bank deposit, and there would not be a dollar of currency or coin in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent monetary system. When one gets a complete grasp upon the picture, the tragedy and absurdity of our hopeless position is almost incredible -- but here it is. It (the banking system) is the most important object intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and the defects remedied very soon."
-- Robert Hemphill, for 8 years credit manager of the Federal Reserve Bank of Atlanta

"There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."
-- Warren Buffett


"To punish the swindler by fine is a satire on justice. He walks into court with another man's money in his pocket, the fruits of his crime. He divides the spoils with the Government and the victim is in no way avenged. Neither are the ends of justice satisfied. This class of men have none of the finer feelings that a conviction and fine would shock. Loss of liberty might deter them for a time from plundering the pockets of susceptible persons, but so long as they are merely forced to give up part of their plunder, they escape real punishment."

-- from 'Gold Bricks of Speculation' By John Hill, Jr. of the Chicago Board of Trade.
https://archive.org/stream/goldbricksofspec00hilluoft/goldbricksofspec00hilluoft_djvu.txt
("Great passage from a 1904 book perfectly describes the present "satire on justice" we have when it comes to bankers." - Quoted by Rudolf E. Havenstein, without attribution.)



"The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate."
(Quoted by Rudolf E. Havenstein, without attribution.)


"Bank paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs."
-- Thomas Jefferson Letter to John W. Eppes, 1813

"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. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
-– Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809) 

"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."
-- Thomas Edison


"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 (the father of 'Keynesian Economics' which our nation now endures) in his book "THE ECONOMIC CONSEQUENCES OF THE PEACE" (1920).

"There is too much loose talk nowadays about the danger of so much capital in the hands of a few men."
-- Baron Alphonso Rothschild, 1892


"Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of Democracy is idle and futile."
-- The Right Honourable W.L.MacKenzie King, Prime Minister of Canada (1934)

"Money is like an iron ring we've put through our noses. We've forgotten that we designed it, and now it is leading us around."
-- Bernard Lietaer, Belgian currency expert


The Duke of Bedford, realizing the enormity of the sell out to the international bankers, made the following remarks before the House of Lords on December 17 th, 1945, at the time the Bretton Woods proposal was before the British Government: "I find that opposition to the Bretton Woods scheme, which is one of the conditions of the loan, is almost universal among people of widely different political and economic outlook...I find that the really fine and enlightened people of America are as much against Bretton Woods and all that it stands for as I am...then there is the very grave objection indeed that we are proposing to hand over the control of our economic life, in a very large measure, to a gang of representatives of Wall Street finance, who are responsible to no one and are above every Government."
-- Duke of Bedford, American Mercury, April 1957, p. 137


"In the future, (hopefully the very near future,) people worldwide will see the need to disempower the elite families to reclaim all of their local natural resources. In the interim, each of us shall operate in a vacuum, working against the good of each other, 'till death do us part."
-- Tom-Scott Gordon

Thomas Edison once said, any nation that can issue 30 billion in bonds based on faith in it's good credit, can issue 30 billion in cash, debt free.

Woodrow Wilson - One of the criminals who enslaved America through unconstitutional "laws" such as the federal reserve act and the 16th amendment. 
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." 
-- Woodrow Wilson, after signing the Federal Reserve into existence

"In the U.S. today, we have in effect two governments. We have the duly constituted government, then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve, operating the money powers which are reserved to congress by the Constitution."
-- Congressman Wright Patman

"Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile."
-- William Lyon Mackenzie King (1874-1950) Prime Minister of Canada (1935--1948)


"I set to work to read the Act of Parliament by which the Bank of England was created. The investors knew what they were about. Their design was to mortgage by degrees the whole of the country...lands...houses...property...labour. The scheme has produced what the world never saw before -- starvation in the midst of abundance."
-- William Cobbett, "The Political Register", XVIII, July 14 th, 1810.

"Population does not cause poverty, private-central banks do. Reduce the human population to 10 million but keep private central banks and still the vast majority of those 10 million will live in poverty. What is being culled from the human herd is not the excess population, but merely that segment of the population from whom the bankers can no longer reap huge profits!"
-- Michael Rivero


"The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War."
-- Benjamin Franklin
   Maybe we should rethink why our founders didn't want central banks either. 
   Think Old Ben Franklin and others knew knew something we forgot?


"Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good."
-- John Adams