The Federal Reserve and its impact on the Bank of England

Talk Money

Moderator: mstewart27

Post Reply
User avatar
Site Administrator
Posts: 1328
Joined: Sat Sep 22, 2007 12:24 am
Location: dark side of the moon

The Federal Reserve and its impact on the Bank of England

Post by BASEL » Sat Sep 22, 2007 4:04 am

“The financial system…has been turned over to…the Federal Reserve board. That board administers the finance system by authority of…a purely profiteering group. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.� – Rep. Charles A. Lindberg

“We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board…This evil institution has impoverished…the people of the United States…and has practically bankrupted our government. It has done this through…the corrupt practices of the moneyed vultures who control it.� –Rep. Louis T. McFadden

“Most Americans have no real understanding of the operation of the international moneylenders…The accounts of the Federal Reserve System have never been audited. It operates outside the control of congress and...manipulates the credit of the United States.� Sen. Barry Goldwater

“I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.� Thomas Jefferson

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.� James Madison

“The colonies would gladly have borne the little tax on tea and other matters had it not been that England took away from the colonies their money, which created unemployment and dissatisfaction. The inability of the colonists to get power to issue their own money permanently out of the hands George III and the international bankers was the PRIME reason for the Revolutionary War.� – Benjamin Franklin’s Autobiography

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.� – Thomas Jefferson

“The rich will strive to establish their dominion and enslave the rest. They always did. They always will… They will have the same effect here as elsewhere, if we do not, by [the power of] government, keep them in their proper spheres.� Gouvernor Morris
“I wish it were possible to obtain a single amendment to our constitution�taking from the federal government their power of borrowing.�- Thomas Jefferson

“The hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency: their sole object is gain.� –Napoleon Bonaparte

“It is not our citizens only who are to receive the bounty of our government. More than eight million of the stock of this bank are held by foreigners…Is there no danger to our liberty and independence in a bank that in its nature has so little to bind it to our country?

Controlling our currency, receiving our public moneys, and holding thousands of our citizens in dependence…would be more formidable and dangerous than a military power of the enemy.

If [government] would confine itself to equal protection, and, as heaven does its rains, shower its favor alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles.� – Andrew Jackson

“Nothing but widespread suffering will produce any effect on Congress…Our only safety is in pursuing a steady course of firm restriction- and I have no doubt that such a course will ultimately lead to restoration of the currency and the recharter of the bank.� –Nicholas Biddle (Central Banker)
“The division of the United States into federations of equal force was decided long before the Civil War by the high financial powers of Europe. These bankers were afraid that the United States, if they remained as one block, and as one nation, would attain economic and financial independence, which would upset their financial domination over the world.� – Otto Von Bismark

“The Government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the Government and the buying power of consumers.

The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity.

By adoption of these principles…the taxpayers will be saved immense sums of interest. Money will cease to be the master and become the servant of humanity.� Abraham Lincoln

If this mischievous financial policy, which has its origin in North America, shall become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without the precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.� Times of London (with regards to fiat money)

“My agency in promoting the passage of the National Banking Act was the greatest financial mistake in my life. It has built up a monopoly which affects every interest in the country.�- Solomon P. Chase

“Whosoever controls the volume of money in any country is absolute master of all industry and commerce…And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.� –James Garfield (Before Assassination)

“On Sept.1st, 1894, we will not renew our loans under any consideration. On Sept.1 we will demand our money.

We will foreclose and become mortgagees in possession. We can take two-thirds of the farms west of the Mississippi, and thousands of them east of the Mississippi as well, at our own price…Then the farmers will become tenants as in England

--1891 American Bankers Association as printed in the Congressional Record of April 29, 1913

It has a knock on affect with the Bank of England

Basel :roll:
To resist the influence of others, knowledge of one's self is most important.

Draw from your past....... but don't let your past draw from you

Yama, The world is changed. I feel it in the water. I feel it in the earth. I smell it in the air. Much that once was..... is lost. For none now live who remember it.

For all your Computer needs

Post Reply