The System works because you work!

The System works because you work!

DEATH BY GOVERNMENT: GENOCIDE AND MASS MURDER

DEATH BY GOVERNMENT: GENOCIDE AND MASS MURDER
All told, governments killed more than 262 million people in the 20th century outside of wars, according to University of Hawaii political science professor R.J. Rummel. Just to give perspective on this incredible murder by government, if all these bodies were laid head to toe, with the average height being 5', then they would circle the earth ten times. Also, this democide murdered 6 times more people than died in combat in all the foreign and internal wars of the century. Finally, given popular estimates of the dead in a major nuclear war, this total democide is as though such a war did occur, but with its dead spread over a century

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Wednesday, March 23, 2011

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, 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 Jefferso


Was Thomas Jefferson talking about the Federal Reserve in this quote. Is his prediction coming true?

Thomas Jefferson said, "If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered."

Additional Details

The federal reserve is neither federal nor a reserve but a private corporation mascurading as our national bank
3 years ago
There is nothing governmental about it except its influence on the government.
3 years ago
the President appoints the Board..that is how it is quasi-governental
3 years ago
this dvd does an excellent job of explaining its history and function

http://www.themoneymasters.com/
3 years ago
gray shadow...could be it isn't truly a TJ quote...it's what is happening now under a quasigovernmental agency. If you had come up with one weakness of the Fed I would have thought maybe you weren't completely sold out to them. I'm sure they appreciate your PR work.
3 years ago

Best Answer - Chosen by Voters

The Federal Reserve website (http://www.federalreserve.gov/generalinf… states that the Federal Reserve is "independent within the government" and the member banks are stock owners.

So the Federal Reserve is not private or public. However, like any business, the organization can be political. With the member banks as the stock owners, the Federal Reserve may indirectly be manipulated to protect the banks. This is why the Federal Reserve is currently holding up housing prices until the banks recover (http://www.a2dvoices.com/realitycheck/ma… ).


http://www.a2dvoices.com/realitycheck/

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50% 2 Votes

Other Answers (7)

  • I have many doubts as to whether or not that is a Jefferson quote. There are two many inconsistencies with Jefferson's era and Jefferson"s own beliefs.
    During Jefferson's time, there was no US currency. US currency didn't exist until the 1860s. Jefferson didn't support the idea of a national bank either, that was one of the major conflicts between him and Alexander Hamilton.
    Jefferson believed the states not the federal government should shoulder the federal government's expenses. Currency didn't exist at the time, but individual banks issued script, which was good for gold or silver. Jefferson was a capitalists and believe that wealth should be controlled by the private sector and not with currency issued by the federal government. Jefferson didn't believe that banks should extend loans to the federal government as this would take power away from the states.
    Jefferson would be in favor of the Federal Reserve system as it is in direct accord with his personal belief. Federal Reserve notes are not US currency. They are script backed up by the assets of private banks, which puts control of wealth in the private sector and not in government hands.
    25% 1 Vote
    • 2 people rated this as good
  • to the person that said he wasn't as the fed was not around for another 200 yrs. I have to say you are wrong. Jefferson was talking about the federal reserve, it is just that he was talking in the abstract as in something like it. The lack of a federal reserve at that time does not mean that intelligent people could not accurately predict what was obviously going to occur. I have an I.Q. in excess of 160, and many times I merely observe the facts and occurrences around me and predict accurately events that will occur 1-20 yrs. later. This is not bragging, this is just stating the obvious, that reasonable attentive, intelligent, thoughtful and observant human beings do not need to see everything in black in white to know with a reasonable degree of accuracy what other, dishonest humans are likely to do. Besides, Jefferson did say all the above, and it is all occurring, not proof enough for you?
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    • 2 people rated this as good
  • Jefferson's very prediction is happening all around us right now. The American Dollar is at it's lowest spending power in over 50 years, 1% of the population (doesn't seem like much but its actually 3 million people, or roughly the population of a city the size of Chicago) is homeless on any given night. 25% of that homeless population fought in Vietnam, or the Gulf Wars. Inflation and gas prices are out of control and it is because roughly 10 businesses own every major newspaper, television station, and the internet which are all our sources of media. These businesses have bought elections and the American government at the expense of the people they sold out who bring them their gross profits which brings me to another quote from Jefferson about the government becoming intolerant and the people's duty to rebel against it when such things happen.
    0% 0 Votes
    • 3 people rated this as good
  • Ah, you've certainly pack a lot of misinformation in a very small space.

    - The TJ quote is often repeated by conspiracy sites but there is no evidence he actually said this. It is not even written in the venacular of the languade back then.

    Need proof? Here is the most complete works of Jefferson on-line and searchable:http://etext.lib.virginia.edu/jefferson/ . Just search on words like "Homeless" and you won't even find a single utterance.

    Or, if you like, here is a site of Jefferson quotes on banking:http://etext.lib.virginia.edu/etcbin/ot2…


    - Re: The "ownership" of the Fed - More conspiracy site misinformation.

    The Federal Reserve System is a congressionally-chartered agency like the USPS and NASA. It is organized with a 100% government agency at the top (the Board of Governors), and branches beneath them that resemble corporations but are not.(http://www.federalreserveeducation.org/f… )

    The Board of Governors are all appointed for 14-year terms by the president and confirmed by congress. It operates per it's charter and laws set by congress. it is overseen by congress. There is no structure or mechanism for private ownership at this level. Board members are forbidden by law to have any economic interest in a private bank.

    This is all governed under Title 12 chapter 3 of the U.S. Legal Code.

    Finally, there is no evidence of any "Articles of Incorporation" filed in any state defining this as a private corporation.

    - To be sure, TJ was suspicious of banks in general. The objections really center around a private central bank dictating terms to the government.

    I think TJ may have actually approved of the way the Fed is organized.

    - Money Masters is a video for those who just want to further immerse themselves in conspiracy thinking. It's a mixture of fact and fiction and not a reliable source.
    25% 1 Vote
    • 3 people rated this as good
  • I dont believe the Federal Reserve is a private bank. However the quote does seem to predict the dominance of private corporations in public affairs. Intelligent question however. Maybe a bit too intellectual for the majority that surf this forum.
    0% 0 Votes
    • 1 person rated this as good
  • A country at war for its existence must be able to issue a national paper currency, backed by the plege of redemption at par on victory (if that ensues). Hence Jefferson's objection to purely commercial, private banks?
    You also raise a question about the gold standard and W Jennings Bryan and 'bi-metalism'.
    Maybe you think that the Fed is acting like a private banker for rich corporations, when it should instead behave differently, to benefit us all?
    0% 0 Votes
Posted by Braveheart at 12:44 AM

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