Originally Posted by
Bear
"Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin!
”You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out... If people only understood the rank injustice of the money and banking system, there would be a revolution by morning." Andrew Jackson - 1837
I believe Jackson was the last US President to have routed the bankers, and left office with no outstanding government debt.
He also never held another office ; ) The banks run(ruin? ; ) our economy in the form of the Federal Reserve (which is just a conglomeration of private banks )
If the government doesn't stop spending "our" money so fast (currently going farther into debt at the rate of 10 Million dollars a minute!) and if the "Federal" Reserve doesn't stop printing more paper money so fast, no matter how many "dollars" (which won't be worth a dime") one has, it isn't going to buy very much
Just my 0.02 cents ; )
If I might add
Andrew Jackson along with a few other of our most cherished presidents, was one of the only people of note to stand up to the banking system, and attempt to keep a central banking system from taking over banking in the United States.
I can truly appreciate your post, and the history it refers to. Thank you for posting!
Scott
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