"While boasting of our noble deeds we're careful to conceal
the ugly fact that by an iniquitous money system we have
nationalized a system of oppression which, though more refined,
is not less cruel than the old system of chattel slavery."
by:
Horace Greeley
(1811-1872) Editor of the New York Tribune, ran against Ulysses Grant for presidency
Source:
1872, in reference to the National Bank Act of 1863
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Reader comments about this quote:
 -- Robert, Sarasota      
Andrew Jackson finally killed the 2nd attempt at central banking in the US -- Jefferson killed the 1st one. The National Bank Act was the beginning of a mixture of scripts and fractional reserve banking that followed the Civil War. But Woodrow Wilson ratified the 3rd central bank -- the Federal Reserve System. It is not Federal and there are no Reserves. Time to get rid of this one, too!!
 -- J.P., New York City     
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    Oppression - what oppression? Just because the banking system has a vested (and protected) interest in virtually every home, business, automobile, factory, and allegedly 'personal' property which we like to think we own - that does not mean we are oppressed. It only means we are enslaved in ursurous luxury. Well, at least as far as the banks will extend credit to us.
     -- jodopo, michigan     
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    Currency, by which we know it stems from the greed of the haves over the have nots. Those with power need more power, so currency substitutes a moral equilibrium of barter. Credit is an illusion that originated from a genius who understood the power that conformity has over individualism.
     -- MarQuise, Kentucky     
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     -- Anonymous      
     -- Logan, Memphis, TN      
    Taxation - inflation - tariffs - interest rates - seizure - forfeiture - "free trade" - all programs designed to steal every penny you have, well not quite, you're allowed to subsist at a level which allows you to keep paying.... Check out this video link. http://www.youtube.com/watch?v=iYZM58dulPE
     -- J Carlton, Calgary     
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    1913 was a tough year. The seventeenth Amendment removed the last relevant vestige of State sovereignty and ability to protect the individual from the new non-republic's federal access. The sixteenth Amendment, Social Security, and the central bank were also all actively instituted. The central bank, then and now, has an enforced system to account for all its numbered chattel/slaves.
     -- Mike, Norwalk     
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     -- warren, olathe      
    Unless we return to an honest money system, all so-called 'liberal' or 'conservative' rhetoric is moot. If the profits of a fiat currency system were actually used to provide for the funding needed to run the government, the Treasury might actually be doing its job of taking care of the public trust. We must get the issuing of currency out of private hands and into the hands of the People who should by right profit from their own labors and associations, not be oppressed by privateers and hucksters who have systematically addicted government to voting themselves money at the expense of our freedom and sovereignty. If the government can print a Treasury bond, then it can print a dollar note interest-free. If we must have a credit currency, then let it be the People's Script, the profits of which would return to the People, not to the richest and most powerful bankers in the world. Time to dethrone the Rockefeller's -- their plan is nothing short of slavery for all.
     -- E Archer, NYC     
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    Don't think for one second that you are free, that you have rights, or own anything. All of the rights that you once had, have been handed over to the corporations, the banks (lenders) and the government. If you don't pay your mortgage, the bank can take your home. If the bank owes you money, you can't take the bank. If you don't pay your taxes, even if you supposedly own your home, the government can take your home, but if the government owes you money, you can't take city hall. In fact you don't have to owe anything and they can invoke eminent domain and take what you think that you own just because they want it. There are none so blind as those who refuse to see. The easiest way to enslave a man is to make him think that he is free, then tell him that he is the best, and that he has it better than everyone else. Now get him in debt and put him to work. He will take care of the rest on his own.
     -- Ken Sr, Milford Pa     
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     -- Ronw13, Oregon      
     
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