March 13, 2012

Banking Armageddon: The Powerful Elite

Thomas Jefferson once was famously quoted saying in 1802:
"I believe that banking institutions are more dangerous to our liberties than standing armies..."

"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered."

"The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." 

Have we been so deceived as to think that our leaders have our best interests at heart?  The trillions of dollars of debt that has been both created and pushed upon the American people will eventually have to be repaid either through lower living standards, higher taxes, inflation, or a combination of these three.  The average debt per person in America is over $50,000 or about 1 year of an average wage in this country.  Would you work a year of your life to pay off a debt that you don't believe is yours?

We have nationalized our banks, car companies, and now our health care system.  The government as a percentage of GDP is over 20% and almost 50% of the country does not pay income taxes.  In effect the institution of the family has also been nationalized, with kids being sent off to state schools at the age of and over 15 million families relying on food stamps to feed these kids.  Then, after the student grows up they are given a choice of either turning to the government to fund their student loans, thanks to the nationalization of this program, or they can work for the government either through the volunteer army AmeriCorp or the Military in exchange for guarantees to pay off that debt when they go back to school.

When will we wake up to the fact that we are being boiled like a frog in hot water?  If we are to remain independent and free, unlike most of the known world, we will have to gain an understanding of what made us free and prosperous.  It starts with understanding how destructive the Private Central Banks and Big Government policies have been in forever indebting us to the shackles and chains of debt slavery.

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