Every penny, every dollar, we have in circulation is created as an interest-bearing debt. Byron Dale, author Modern Money Secrets
We must go forward cautiously and consolidate each acquired position, because already the inferior social stratum of society is giving unceasing signs of agitation ... When through the law’s intervention the common people shall have lost their homes, they will be more easy to control and more easy to govern, and they shall not be able to resist the strong hand of the government acting in accordance with ... the control of the leaders of finance. United States Bankers Magazine, 1892
By dividing the electorate this way we’ll be able to have them spend their energies at struggling amongst themselves on questions that for us have no importance whatsoever. ibid.
Who creates new money? How does new money get into the economy? And what is debt really being used for? RichPlanet TV: The Monetary System with Ian Crane
Fractional banking: the game-plan right from the outset is to asset strip ... You put the money in which is owed back to you ... with interest. ibid.
North Dakota today is the only state in the United States of America that has a Bank of North Dakota that is owned by the people of North Dakota. ibid.
Very powerful opponents to the establishment of the Federal Reserve. And J P Morgan was also a major shareholder in a shipping line called White Star … J P Morgan arranged for all those opponents to be given a free ticket across the Atlantic and to be sailing back to America on the Titanic. Ian Crane, lecture Alternative View conference, ‘Economic Slavery: Your Children’s Future Explained’
We are living in very precarious times. Americans are being robbed blind and they don’t even know who’s doing the robbing. Frank Farah, WorldNetDaily online
I investigate how globalisation went badly wrong. Robert Peston, The Party’s Over: How the West Went Bust I, BBC 2011
Our long boom was founded on a dangerous lie. ibid.
Big Bang allowed big international banks to buy up stock. ibid.
The gap between the very richest and the very poorest widened at a pace we hadn’t seen since the Victorian era. ibid.
The financial revolution spawned a debt revolution. ibid.
The Chinese consume half as much as we do relative to the size of their economy. They save much much more. ibid.
Western banks borrowed recklessly to lend to us. ibid.
The indebtedness of governments exploded. ibid.
The crash of 2008 began to topple an unbalanced global economic system. ibid.
Regulators failed to stem reckless lending by banks, and central bankers kept interest rates far too low. ibid.
There can be no return to debt-fuelled capitalism in the West. ibid.
How in Britain are we going to pay our way in this challenging new world? Robert Peston, The Party’s Over: How the West Went Bust II BBC 2011
Is twenty-first century austerity a journey back into our past? ibid.
Our personal debts remain dangerously large. ibid.
Has financial services become too big? ibid.
A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom. This is the greatest question of all, and to this statesmen must address themselves with an earnest determination to serve the long future and the true liberties of men. Woodrow Wilson
The bankers insisted that allowing the government to print its own money would be dangerously inflationary. That was their argument, but critics called it humbuggery. Ellen H Brown, The Web of Debt p96
Very soon, every American will be required to register their biological property in a national system designed to keep track of the people and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a charge-back for our fiat paper currency. Every American will be forced to register or suffer being unable to work and earn a living. They will be our chattel, and we will hold the security interest over them forever, by operation of the law merchant under the scheme of secured transactions. Americans, by unknowingly or unwittingly delivering the bills of lading to us will be rendered bankrupt and insolvent, forever to remain economic slaves through taxation, secured by their pledges. They will be stripped of their rights and given a commercial value designed to make us a profit and they will be none the wiser, for not one man in a million could ever figure our plans and, if by accident one or two should figure it out, we have in our arsenal plausible deniability. After all, this is the only logical way to fund government, by floating liens and debt to the registrants in the form of benefits and privileges. This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud which we will call ‘Social Insurance’. Without realizing it, every American will insure us for any loss we may incur and in this manner, every American will unknowingly be our servant, however begrudgingly. The people will become helpless and without any hope for their redemption and, we will employ the high office of the President of our dummy corporation to foment this plot against America. Edward Mandell House, founder of Council on Foreign Relations & promoter of League of Nations, to Woodrow Wilson 1913
The government works for a private bank, and the private bank works for its owners – the true masters. Catherine Austin Fitts, Assistant Secretary of Housing
The powers of financial capitalism have a far-reaching aim: nothing less than to a world system of financial control in private hands able to dominate the political system of each country and the world as a whole. Professor Carroll Quigley, Tragedy & Hope
Left and right mean nothing. The only thing that counts is – are you working for Wall Street or are you trying to defend the people against the financiers? Webster Tarpley, author & journalist & lecturer
Nobody else counts except the Wall Street money masters. That has made the United States no longer a force for progress but something very different – often a force for destruction in the world. Webster Tarpley
If you look also at the people that Obama has put on his appointments list: it’s all Wall Street. It’s government of Wall Street by Wall Street and for Wall Street. There’s nobody from heavy industry; there’s nobody from the auto sector; nobody from Silicon Valley, nobody from big oil, nobody from defense, no labour, no women, no retirees, no small business, nothing. It’s pure Wall Street. The only people that have a voice in Obama’s councils are Wall Street finance oligarchs. That’s all there is. Webster Tarpley
These international bankers and Rockefeller Standard Oil interests control the majority of newspapers and the columns of these papers to club into submission or drive out of public office officials who refuse to do the bidding of the powerful corrupt cliques which control the invisible government. Theodore Roosevelt
I have never seen more senators express discontent with their jobs ... I think the major cause is that, deep down in our hearts, we have been accomplices in doing something terrible and unforgivable to our wonderful country. Deep down in our heart, we know that we have given our children a legacy of bankruptcy. We have defrauded our country to get ourselves elected. John Danforth former United States ambassador to the United Nations & former Republican United States senator
Whether it is really desirable to have such a thing as a Lender of Last Resort: the correct position appears to me that every single bank should be responsible for its own debts and contractual obligations. And if banks through imprudent policy then go bankrupt this should not be considered a bad thing but in fact considered to be a magnificent thing because bankruptcies, the danger of bankruptcies, is precisely what makes banks adhere to its own policies. Professor Hans-Hermann Hoppe
Obama Regulatory Reform Plan officially establishes banking dictatorship in the United States ... The Bank of England, the banks in Europe, the banks in Japan, are all owned by the same people and are all announcing – new powers for the Bank of England! New powers for the Bank of Japan! New powers for the Bundesbank! New Powers! And it’s all for the International Bank of Settlements, IMF, World Bank ... the New World Bank you’ll pay your taxes to ... It’s really happening now! Alex Jones, The Ultimate Tyranny
Folks are starting to find out who the real enemy is: off-shore private banking corporations that have engaged in a hostile corporate takeover of the United States and almost every other nation on the planet. And the private Federal Reserve is their beachhead here in the United States. Alex Jones
Government bailout hits $8.5 trillion. San Francisco Chronicle headline 26th November 2008
Every dollar that is printed should not represent a debt to private bankers. It should represent an investment potential in the common good, in the common needs of our country. Cynthia McKinney
It is the growing custom to narrow control, concentrate power, disregard and disfranchise the public; and assuming that certain powers by divine right of money-raising or by sheer assumption, have the power to do as they think best without consulting the wisdom of mankind. William E B Du Bois