♦ nivek ♦ Posted October 20, 2008 Share Posted October 20, 2008 "I believe that banking institutions are more dangerous to ourliberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs." -- Thomas Jefferson (1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President http://quotes.liberty-tree.ca/quote_blog/T...rson.Quote.97DA "The system of banking [is] a blot left in all our Constitutions, which, if not covered, will end in their destruction... I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity... is but swindling futurity on a large scale." -- Thomas Jefferson (1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President Source: stated in 1811 when President Jefferson refused to renew the charter for the First Bank of the United States (the 2nd central bank chartered by Congress in 1791) http://quotes.liberty-tree.ca/quote_blog/T...rson.Quote.78B4 "I am for a government rigorously frugal and simple. Were we directed from Washington when to sow, when to reap, we should soon want bread." -- Thomas Jefferson (1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President http://quotes.liberty-tree.ca/quote_blog/T...rson.Quote.35EE Link to comment Share on other sites More sharing options...
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