Quote of the Week: James Garfield

[CulpeperMM]

“Whoever controls the volume of money in our country is absolute master of all industry and commerce…and when you realize that the entire system is very easily controlled, one way or another, by few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” – President James Garfield, 2 weeks before his assassination on September 19, 1881.

hat tip to Zero Hedge & Mike Krieger

image from wikipedia commons
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[Olive Drab]

Similar warnings of privately controlled monetary policy.

http://www.youtube.com/watch?v=zagHbRWh6MI&feature=youtube_gdata_player

 

[Olive Drab]

"This Act (the Federal Reserve Act, Dec. 23rd 1913) establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed. The trusts will soon realize that they have gone too far even for their own good. The people must make a declaration of independence to relieve themselves from the Monetary Power. This they will be able to do by taking control of Congress. Wall Streeters could not cheat us if you Senators and Representatives did not make a humbug of Congress... The greatest crime of Congress is its currency system. The worst legislative crime of the ages is perpetrated by this banking bill. The caucus and the party bosses have again operated and prevented the people from getting the benefit of their own government."
by:
Charles A. Lindbergh, Sr.
(1859-1924) Congressman (R-MN), father of famous aviator
Source:
December 22, 1913, the day before President Woodrow Wilson signed the Federal Reserve Act, in a speech before the House of Representatives

 

[Sailor]

Repped, gonna steal it and FB it.