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I consider the government of the United States [the federal government] as interdicted by the Constitution from intermeddling with religious institutions, their doctrines, discipline, or exercises. This results not only from the provision that no law shall be made respecting the establishment or free exercise of religion [the First Amendment], but from that also which reserves to the States the powers not delegated to the United States [the Tenth Amendment]. Certainly, no power to prescribe any religious exercise or to assume authority in any religious discipline has been delegated to the General [federal] Government. It must then rest with the States.
Source: Thomas Jefferson Memoir, Vol. IV, pp. 103-104, to Samuel Miller on January 23, 1808.
Topics: Freedom, Religious; US Constitution, Amendments
If Congress has the right [it doesnt] to issue paper money [currency], it was given to them to be used by...[the government] and not to be delegated to individuals or corporations.
Source: President Andrew Jackson, Vetoed Bank Bill of 1836
Topics: Economics; Government, Limited
Most Americans have no real understanding of the operation of the international money lenders. 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.
Source: Sen. Barry Goldwater (Rep. AR)
Topics: Economics
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.
Source: Henry Ford
Topics: Economics
The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations.
Source: Lewis vs. United States, 680 F. 2d 1239 9th Circuit 1982
Topics: Economics
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.
Source: Congressman Louis T. McFadden in 1932 (Rep. Pa)
Topics: Economics
Some people think the Federal Reserve Banks are the United States governments institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.
Source: Louis T. McFadden Chairman of the Committee on Banking and Currency (12 years) June 10, 1932 - Congressional Record 12595-12603
Topics: Economics
[Every circulating FRN] represents a one dollar debt to the Federal Reserve system.
Source: Money Facts, House Banking and Currency Committee
Topics: Economics
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth. Those to whom the system brings windfalls, beyond their deserts and even beyond their expectations or desires, become profiteers, who are the object of the hatred of the bourgeoisie, whom the inflationism has impoverished, not less than of the proletariat. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.
Source: John Maynard Keynes (the father of Keynesian Economics which our nation now endures) in his book THE ECONOMIC CONSEQUENCES OF THE PEACE (1920).
Topics: Economics
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