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"A great industrial Nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world - no longer a Government of free opinion no longer a Government by conviction and vote of the majority, but a Government by the opinion and duress of small groups of dominant men". (Just before he died, Wilson is reported to have stated to friends that he had been "deceived" and that "I have betrayed my Country". He referred to the Federal Reserve Act passed during his Presidency.)
By: | Woodrow Wilson (more quotes by Woodrow Wilson or books by/about Woodrow Wilson) |
(1856-1924) 28th US President | |
Source: | taken from an essay by Sheldon Emry, Billions for the Bankers, Debt for the People |
Categories: | America, Banking, Election, Fed, Gold, Money, President, Vote |
Rating: | |
Kindle Categories: | Banking |