Jun 7 2011

The Money Power! It is the greatest power on Earth

 

“The Money Power! It is the greatest power on earth; and it is arrayed against Labour. No other power that is or ever was can be named with it… it attacks us through the Press – a monster with a thousand lying tongues, a beast surpassing in foulness any conceived by the mythology that invented dragons, were wolves, harpies, ghouls and vampires. It thunders against us from innumerable platforms and ,Yes, so far as we are concerned, the headquarters of the Money Power is Britain. But the Money Power is not a British institution; it is cosmopolitan. It is of no nationality, but of all nationalities. It dominates the world. The Money Power has corrupted the faculties of the human soul, and tampered with the sanity of the human intellect…”

—Editorial from 1907 edition of The Brisbane Worker (Australia)




Jun 5 2011

Thomas A. Edison Interest is the invention of Satan

Thomas Edison“People who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest …But here is the point: If the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold. Interest is the invention of Satan.”

— Thomas A. Edison


Jun 3 2011

Horace Greeley, We Have Nationalized a System of Oppression

Horace-Greeley

 

 

“While boasting of our noble deeds were careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery.”

— Horace Greeley


Jun 2 2011

The Modern Banking System Manufactures Money out of Nothing

 

“The modern Banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and unmint the modern ledger-entry currency.”

— Major L. L. B. Angus


Jun 1 2011

Banking was Conceived in Iniquity and was Born in Sin.

sir_Josiah_Stamp

 

“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.”

— Sir Josiah Stamp, (President of the Bank of England in the 1920′s, the second richest man in Britain)


May 31 2011

John Maynard Keynes, the Worthlessness of the Money Becomes Apparent

john maynard keynes

 

 

 
“Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.”

— John Maynard Keynes,
“Consequences of Peace.”


May 30 2011

The Increase in the Assets of the Federal Reserve Banks from 143 Million Dollars in 1913 to 45 Billion Dollars

 

“…the increase in the assets of the Federal Reserve banks from 143 million dollars in 1913 to 45 billion dollars in 1949 went directly to the private stockholders of the [federal reserve] banks.”

— Eustace Mullins


May 29 2011

Represents a One Dollar Debt to the Federal Reserve System

“[Every circulating FRN] represents a one dollar debt to the Federal Reserve system.”

— Money Facts, House Banking and Currency Committee


May 28 2011

Henry Ford—It Is Well That The People Do Not Understand our Banking System

Henry-Ford

“It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

— Henry Ford



May 23 2011

Banks Create the Means of Payment out of Nothing—Federal Reserve

federal-reserve-creating-money
 

Federal Reseve Quote of the day.

“Banks lend by creating credit. They create the means of payment out of nothing.”

— Ralph M. Hawtrey, Secretary of the British Treasury