Wednesday, 11 January 2012

11th Jan 2012 Jefferson Had Said ...

Jan 11
"The banking institutions are more dangerous for our liberties than our armies for which they are ready & willing to combat. If the American people permit the banks to control their money, the banks and institutions that flourish around them would deprive people of all their possession, first by means of inflation, then by recession, until the day on which their children wake up without the house on the land that their parents had conquered."

So said In 1802, Thomas Jefferson, 3rd President of the United States between 1801 to 1809. After he retired from politics, the banks impounded his properties because he owed a lot of loans. He was the victim of all that he had foretold.
 
Today, more than a century later, what he had predicted is still happening. Financial lending groups and entities attract speculators who invest great quantity of money in buying debts which, with the interest they charge, they have got the power of the rein of the indebted countries.

I don't know a thing about politics, much less financial intrigues. I just wonder, where do we, the general public, stand? 
 

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