Posted on 07/10/2006 10:59:12 AM PDT by Paul Ross
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, 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
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 its issuance. -James Madison
If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson
The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. 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
Despite these warnings, Woodrow Wilson signed the 1913 Federal Reserve Act. A few years later he wrote: 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
http://www.themoneymasters.com/presiden.htm
The Federal Reserve - What Is It? Who Is It?
http://www.freerepublic.com/forum/a3b13c8401f8f.htm
Yes. Fiscally, culturally, morally, and every other kind of way.
Brief examples of each:
Fiscally - The Social Security System is near bankrupt, yet illegal aliens are drawing benefits from it. We're also now giving illegal aliens benefits from Medicare.
Culturally - Hip-hoppers hold their crotches while they "sing". Hollywood is unable to make a movie without loading it up with F-bombs.
Morally - Same-sexers are now getting "married". "Booty calls".
The economy hasn't collapsed yet. (Which doesn't necessarily mean it won't tomorrow.)
I have a book written about 1930 or so that predicts the longterm failure of socialist systems.
It took 70 years for the Soviet Union to collapse.
When the prediction is made isn't as important as when it comes true.
It can happen, no matter how "unrealistic."
Let me guess. It's owned by foreign bankers? How much money do the evil owners of the Fed suck out in profits every year? Must be billions? Trillions? What kinda dividend do they pay?
http://www.freerepublic.com/forum/a3b13c8401f8f.htm
This article has been deleted.
I bet the book didn't think it would take 60 years from 1930.
While the accuracy of past predictions does not necessarily indicate the accuracy of those for tomorrow, the record should also not be ignored.
Does PETA know about this?
Maybe they should have read that dictionary instead of paraphrasing it.
Their solution: More taxes, personalize the unfunded SS funds (personalize the debt, maybe?), and more BS spending.
BWAAAAAAAAAAAAAAAAAAAAAAAAAAHAHAHAHAHA!
How about we just CUT GOVERNMENT SPENDING!
Economists, with spell-checkers. Obviously the editor missed it.
globally budgeted universal healthcare system....
He lost me right there.....
??????? Is this paper actually from the Fed? You would think someone with the skill to write a paper like this would know the difference between bear and bare
I know the answer to this one.
No. No it isn't.
Businesses don't go bankrupt until the creditors cut off the cash flow........................
Me too!
Why is it so hard for the government to come to grasp with the notion that the solution to budget problems IS TO SPEND LESS. Just about every family and individual has had to do this at some point, it's not that difficult.
What boggles the mind is the thought that government programs need real growth, because most don't. The average program should be budgeted this way: take the population of the country and divide it into the program's budget, the following year take the rate of inflation, add it to the per capita dollar amount and multiply by the population.
I think we're on the same wavelength. The budget should be balanced, responsibly (i.e. with spending cuts), and entitlement spending (Medicaid, Social Security) must be brought under control.
Bush needs to veto some spending. Hell, he needs to veto SOMETHING!
Why is it so hard for the government to come to grasp with the notion that the solution to budget problems IS TO SPEND LESS
Spending less doesn't buy votes. Especially votes from the ones not participating in paying the bills.
The Honorable James DeMint (R-SC)
United States House of Representatives
APRIL 5, 2001
- "There has been a shift in the relationship between individuals and government, he argues, such that fewer and fewer are paying taxes at the same time that more and more are receiving increasingly generous benefits. If it becomes the case that most voters do not bear a financial burden for this largess, then there will be little to restrain--and significant political incentives to encourage--the continued growth of government.
Bush touts relief as tax day looms
Another 3.9 million Americans will have their income tax liability completely eliminated, officials said.
That's 3.9 million Americans more added to the spending constituency of 70% of the public clamoring for more from government, figuring someone else foots the bill.
It's like me in the restaurant: What do I care about extravagance if you're footing the bill?
--- Walter Williams.
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