Thomas Jefferson on American Banks and Government

“I believe that banking institutions are more dangerous to our liberties than outstanding 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 conqueredv. ”

“To preserve [the] Independence [of the People] we must not let our rulers load us with perpetual debt. We must make our election between Economy and Liberty or Profusion and Servitude. If we run into such DEBT as that we must be taxed in our meats and in our drink, in our necessaries and our comforts, in our creeds, as the People of England are, our People, like them, must come to labor sixteen hours in the twenty-four,p give the earnings of fifteen of those to the Government for their debts and daily expenses and the sixteen being insufficient to afford us bread, we must live, as they now do on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow suffers” ~ Thomas Jefferson to Samuel Kerchevel 1861

This is personal opinion of one individual and I’m positive more felt as he did. Why is it so hard for Americans today to see issues when one of the founding fathers basically predicted it. Politicians in the creating of this oh so freakin’ free nation were so much more outspoken and had heart to speak out. Nowadays you can’t even trust a politician to state their real names. Jefferson saw true vision of the United States of America.

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