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Posted by: alakazam 1 year, 2 months ago

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    alakazam1 year, 2 months ago

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    Some statements made concerning the Federal Reserve Act before it was voted into law.

    "The worst legislative crime of the ages is perpetrated by this banking bill…The banks have been granted the special privilege of distributing the money, and they charge as much as they wish…This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private…There should be no legal tender other than that issued by the government…The People are the Government. Therefore the Government should, as the Constitution provides, regulate the value of money.” (Congressional Record, 12/22/1913) -Rep. Charles Lindbergh Sr.

    “I do not blind myself to the fact that this measure will not be effectual as a remedy for a great national evil – the concentrated control of credit…The Money Trust has not [died]…He will not cease fighting…at some half-baked enactment…You struck a weak half-blow, and time will show that you have lost. You could have struck a full blow and you would have won.” (Congressional Record, 12/22/1913) -Congressman Victor Murdock

    Sometimes foresight is 20/20.

    This current fiasco (the bailout plan) is nothing but fodder for the beast.

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