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Books & Resources Sun, 23 September 2012 14:34 Go to next message
Tufa is currently offline  Tufa
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Let me have the power to issue and control a Nation's money, and I care not who
writes its laws.

Jack Woodford
As an ex-banker and one who has scuttled quite largely about this country of ours, I give you my solemn word of honour that I have never seen any other class more corrupt, conscienceless, and thieving than bankers.

Congressman Wright Patman
The Government, under the Constitution, has the power to create all the money. It issues both money and bonds, and sells the bonds to the bankers that create deposit money. If banks need the cash to pay the depositors, the Treasury supplies it free. In that way, Congress has farmed out to private bankers the nation's credit free, and Congress' power to create money, the greatest and most profitable privilege our Nation had, absolutely free; and of course, unconstitutionally.

"Congress has farmed out to selfish private banking corporations the credit of the nation free, and empowered them to create all of the people's money. Some day the American people are going to blame this 1943 Congress for not changing the system at this time as we are entering on a $300 billion war program.

Mr. Eccles, then the Chairman of the Reserve Board, said in replying to a question asked him
when he was testifying before the Ways and Means Committee of the House, in February 1943:

Mr. Patman.
"Mr. Eccles, the $20 billion of United States Bonds the bankers now own -- they created at the time they bought the bonds the money that they paid for them did they not?

Mr. Eccles:
"That is the function of a bank. When a bank makes a loan to a utility, or a farmer, it creates the money that it lends at the time the loan is made."

Congressman Voorhis:
"The Government should create money, not lend it; banks should lend money but not create it."

Congressman Callaway:
"I voted against the Federal Reserve Act because it gives the bankers the power of life and death over every person in the nation."

The Legalized.Crime.of.Banking, Silas, Walter, Adams 1958

Re: Books & Resources Sun, 23 September 2012 14:49 Go to previous messageGo to next message
Tufa is currently offline  Tufa
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Senator Robert L. Owen of Oklahoma
It would appear that there could be no subject of more supreme importance to the people of the United States than an understanding of money and its powers. It is remarkable, and a fact of surpassing importance, that the provision of the Constitution of the United States authorizing Congress exclusively to coin money and regulate the value thereof has been overlooked by American statesmen. Their failure to perceive the deep significance of this language of the Constitution has resulted in the indefensible expansion and contraction of money by private persons, bringing on monetary depressions periodically.
Re: Books & Resources Sun, 23 September 2012 14:53 Go to previous message
Tufa is currently offline  Tufa
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The death of Lincoln is a disaster for Christendom. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to corrupt modern civilization. They will not hesitate to plunge the whole world into wars and chaos, in order that they may inherit the earth.

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