Quotes of the day: Presidential last words

America's 16th President, Abraham Lincoln, acutely aware that the banking empires were "more dangerous than standing armies"*, issued America with its own currency.

Observed the Times of London, in 1862, after the issuance of this debt-free currency:

"If that mischievous financial policy, which had its origin in the North American Republic, should become indurate down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe."

In 1864, a year before his assassination, Lincoln wrote:

"The money power preys upon the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes. I have two great enemies, the Southern Army in front of me, and the financial institutions in the rear. Of the two, the one in my rear is my greatest foe."

... and then a year later:

“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. 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.”

Then shortly before his assassination:

"I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my Country. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the Country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed."

Isn't that pretty much where we are now?

Otto von Bismarck, 1st Chancellor of the German Empire, 1876, wrote:

"The division of the United States into two federations of equal force was decided long before the civil war by the high financial power of Europe. These bankers were afraid that the United States, if they remained in one block and as one nation, would attain economical and financial independence, which would upset their financial domination over the world. The voice of the Rothschilds predominated. They foresaw the tremendous booty if they could substitute two feeble democracies, indebted to the financiers, to the vigorous Republic, confident and self-providing. Therefore they started their emissaries in order to exploit the question of slavery and thus dig an abyss between the two parts of the Republic."

Andrew Jackson, 7th US President:

"I am one of those who do not believe that a national debt is a national blessing, but rather a curse to a republic; insasmuch as it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country.

"The bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.

"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlement, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would by my sin!

"You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.

"If Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations."

Sadly, those who oppose the money powers tend to come to a sticky end, as did the 20th US President, James A Garfield. Two weeks before his assassination, he wrote:

“Whoever controls the volume of money in our 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.”

Kirk MacKenzie's documentary provides a great deal more detail and offers some solutions.



We are in this pickle today for the same reason that America was, centuries ago.  John Adams, 2nd President of the US tells us:

"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation." (my emphasis)

And lest we imagine that we are immune, Nathan Rothschild, who by June 1815 controlled the Bank of England, stated:

"I care not what puppet is placed on the throne of England to rule the Empire ... The man that controls Britain's money supply controls the British Empire. And I control the money supply."

* US President Thomas Jefferson