10/30/08

The Ghost of Thomas Jefferson

"I believe that banking institutions are more dangerous to our liberties than standing 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 conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Thomas Jefferson, 3rd President of U.S. (1743-1826), Letter to the Secretary of the Treasury Albert Gallatin (1802)

Within the context of the current global financial meltdown, this quote of Thomas Jefferson is gettng a lot of "air time" in the blogosphere. To include it in this blog does no harm.

For those whose curiosity goes beyond the front-page prattle of the corporate media, the following two articles on the financial malaise may prove worthwhile. Behind the Panic: Financial Warfare and the Future of Global Bank Power, by F. William Engdahl; Down the Rabbit Hole Towards a New Economic World Order, by Simon Davies and Donald Hunt.

The Internet offers numerous alternative red pills, i.e. news sources. To quote from the same literary source that gave us the "rabbit hole": "Feed your head."

2 comments:

  1. Also highly recommended, The Creature from Jekyll Island by G. Edward Griffin.

    I used to think that the criticism of the Federal Reserve Bank was a conspiracy theory, but Mr. Griffin's book is so well written and meticulously documented that I could not help but conclude that it is true. It looks like a big book, but it is in large print and is, given the topic, exceptionally easy to read, even if you know very little about economics.

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  2. Right you are, Harold. I have read reviews, overviews, precis accounts, etc. of The Creature, but have not yet gotten around to purchase and reading. It, along with The Bilderberg Hotel by Daniel Estulin, are my two reading projects for this winter

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