"This Act (the Federal Reserve Act, Dec. 23rd 1913) establishes the
most gigantic trust on earth. When the President (Woodrow Wilson) signs
the Bill, the invisible government of the Monetary Power will be
legalised... The worst legislative crime of the ages is perpetrated
by this banking and currency Bill."
Charles A. Lindbergh, Sr.
(1859-1924) Congressman (R-MN), father of famous aviator
his book, Banking and Currency and The Money Trust, 1913
Bookmark and Share  
Reader comments about this quote:
Three years after signing, President Woodrow Wilson remarked about the bill, "I am a most unhappy man. I have unwittingly ruined my country." He was re-elected shortly thereafter, and the new money trust went right to work funding World War I to "make the world safe for democracy."
 -- J.P., New York City     
  • 1
    May Woodrow Wilson, Col House, plus the members of the Jekyll Island conspiracy be denied asbestos underwear in the hereafter.
     -- jodopo, Michigan     
  • 1
     -- Anonymous      
    "To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market; then when ... business men are adjusted to these conditions, it can check ... prosperity in mid career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. 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, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance"
     -- john smith, Oslo     
  • 1
    The government, which was designed for the people, has got into the hands of the bosses and their employers, the special interests. An invisible empire has been set up above the forms of democracy. Woodrow Wilson And Wilson helped them do it.
     -- J Carlton, Calgary     
  • 1
    For the record, there is no credible source for the "I am a most unhappy man, I have unwittingly ruined my country" quote, and he probably never said it.
     -- Joe, North Caldwell, NJ     
    "Congress shall make no law establishing a national bank or legal tender." If only that had been in the Bill of Rights, too... Yes, there is no evidence that Wilson never regretted the signing of the Federal Reserve Act -- he was, however, duped as the very monopoly he was trying to break was indeed behind the whole thing -- as we can see today.
     -- E Archer, NYC     
  • 1
    It ain't the democrats or republcans that run things , but "they" want us to think they do. The real folk who run things have us arguing in the living room about politics, while they are in the kitchen stealing the silverware. If you control the money , you control the world.
     -- jim kilpatrick, austin, texas     
  • 1
    Just another socialist/communist fool. Great hero but a political dunce.
     -- warren, olathe     
    Read Des Griffin's book, "Descent into Slavery", which explains how the money lenders have controlled governments, caused wars, and who they are. His book was considered radical twenty years ago and only available by his private press, now you can buy it on Amazon. We are really just pawns in the scheme of things.
     -- Judith A. Pecho, Corrales     
  • 1
    Warren, isnt this communistic? In a free market, we should have competing transaction services - currencies that would not benefit from fractional reserve banking. Central banking is as socialistic as you can get. Its a centralization of power.
     -- Alle, Europe     
  • 1
    True the Bill of Rights does not talk about centeralization. It does say illegitamite government is a tyrannical usuper that aims to place society under the shackles of absolute Despotism. Thus, it is the DUTY of the people to toss it overboard and provide new Guards for their future security. The Constitution Article I (8).ii Congress shall have the power to borrow Money on the credit of the United States. I (8) v coin money... & Article 1 (10).i No State shall... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payments of Debts;... So, if Americans prized education and cared about history. We would know only the States can request a direct tax of gold or silver from the people. If the Federal Government wanted a Bill of Credit (paper debt) loan. The States would have to wonder if paper notes exchanged for a valuable commodity was worth the exchange; or just plain ol' fraud. States are forbidden from accepting Bills of Credit as legal Tender. The Federal Government has no lawful jurisdiction over State and privately owned lands so it is restricted from direct taxation for redeeming its paper ponzi sceem. ie Your paycheck & property is not within Fed jurisdiction (unless you lease Fed land, contract, live abroad, R a resident alien or out of ignorance claim Taxpayer status). Never EVER allow the government absolute control over the purse. If we want liberty; government is the debendant - not the other way around. Once we understand this we can resolve not to be debt slaves and use the power of our Peer Jury System to refuse convictions against those who are following Constitutional & ethical laws.
     -- Bean, Salem     
    I'm not quite sure how to rate this; five stars for accuracy or a huge thumbs down for what it has done to once free individual sovereigns united. Along with the NOT lawfully / constitutionally enacted 16th Amendment in 1913 (implementation of the 2nd Plank of the Communist Manifesto) Wilson hammered the final coffin's nail in a perceived "republican form of government). Usurpation, political theft, supremacy of a demonic oligarchy, the loss of personal sovereignty / inalienable rights / liberty  at nature's law all now had sufficient foundation to complete the demonic dogma and socialism's canons that now infests this land. 
     -- Mike, Norwalk     
  • 1
    Rate this quote!
    How many stars?

    What do YOU think?
    Your name:
    Your town:

    More Quotations
    Get a Quote-A-Day! Free!
    Liberty Quotes sent to your mail box.
    RSS Subscribe
    Quotes & Quotations - Send This Quote to a Friend

    © 1998-2024 Liberty-Tree.ca