Thursday, November 3, 2011

It's Pretty Simple and Pretty Stupid

"The real truth of the matter is, as you and I know that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson..."

FDR, in a private letter to Col. Edward Mandell House, on 21 November 1933.

In 1913, Edward House was hoping the US could be taken over by a banking dictatorship. He was an advisor to Woodrow Wilson when the Federal Reserve Act was signed into law, and he helped pick the first Federal Reserve governors! I suspect that a banking dictatorship is not something Americans would approve of today, but the FED still thinks we are too stupid (or too scared) to get our economy fixed in a Constitutional way. More Here..

1 comment:

  1. The link to the article is broken


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