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+--- Thread: Quote from Thomas Jefferson (/showthread.php?tid=1495)
- dmano - 11-24-2008
In light of the present financial crisis, it's now
very interesting to read what
Thomas Jefferson said in 1802:
"I believe that banking institutions are more
dangerous to our liberties than standing armies. If the
American people ever allow private banks to control the
issue of their currency, first by inflation, then by
deflation, the banks and corporations that will grow up
around the banks will deprive the people of all property
until their children wake-up homeless on the continent their
fathers conquered."
- ccm911 - 11-25-2008
Well put. Jefferson was one smart dude. They should have followed more of his suggestions when the government was being created. Didn't he also want to impose term limitations on Congress and the Senate?