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Crisis looming. Pay attention, Obama !! You


Posted: Jun 17, 2011

http://news.yahoo.com/s/nm/20110617/bs_nm/us_imf

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Wanna bet? - nm

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nm

Famous quotes from US presidents - & bankers

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Famous quotes:
From US Presidents

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 in the debate over the Re-charter of the Bank Bill (1809))

“I believe that banking institutions are more dangerous to our liberties than standing armies.” (Thomas Jefferson)

… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. (Thomas Jefferson)

Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands. (Theodore Roosevelt)

From bankers themselves:

“Let me issue and control a nation’s money and I care not who writes the laws.” (Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild)

“The few who understand the system will either be so interested in its profits or be so dependent upon its favours 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 advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.” (The Rothschild brothers of London writing to associates in New York, 1863)

“I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people.” (Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924)

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