Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2006-01-30 Jan 30, 2006When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.~ P. J. O'RourkeBanks lend by creating credit. They create the means of payment out of nothing.~ Ralph M. HawtreyThe blame for [the national debt] lies with the Congress and the President, with Democrats and Republicans alike, most all of whom have been unwilling to make the hard choices or to explain to the American people that there is no such thing as a free lunch.~ Warren Rudman Jan 27, 2006I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.~ Thomas JeffersonThe 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. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity.~ Abraham LincolnI am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.~ Woodrow Wilson Jan 26, 2006The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.~ Lord ActonIf all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.~ Robert HemphillIf money be not thy servant, it will be thy master. The covetous man cannot so properly be said to possess wealth, as that may be said to possess him.~ Sir Francis Bacon Jan 25, 2006We have stricken the shackles from 4,000,000 human beings and brought all labourers to a common level, but not so much by the elevation of former slaves as by reducing the whole working population, white and black, to a condition of serfdom. While boasting of our noble deeds, we are careful to conceal the ugly fact that by our iniquitous money system we have manipulated a system of oppression which, though more refined, is no less cruel than the old system of chattel slavery.~ Horace GreeleyI am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.~ Reginald McKenna...the concentration of capital and the growth of their turnover is radically challenging the significance of the banks. Scattered capitalists are transformed into a single collective capitalist. When carrying the current accounts of a few capitalists, the banks, as it were, transact a purely technical and exclusively auxiliary operation. When, however, these operations grow to enormous dimensions we find that a handful of monopolists control all the operations, both commercial and industrial, of capitalist society. They can, by means of their banking connections.~ Vladimir Ilyich Lenin Jan 24, 2006I know of no other country where love of money has such a grip on men's hearts or where stronger scorn is expressed for the theory of permanent equality of property.~ Alexis de TocquevilleMoney for me has only one sound: liberty.~ Gabrielle ChanelMoney is the sign of liberty. To curse money is to curse liberty -- to curse life, which is nothing, if it be not free.~ Remy de Gourmont Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print