Famous Quotations / Quotes
Famous Quotes about Liberty
 

 
Famous quotes, quotations, sayings, phrases, idioms, proverbs, and axioms about Liberty and the Responsibility that comes with it. 
 


The Oxford Dictionary of Quotations

A classic since 1953 with over 20,000 quotes from over 3,000 authors.


Famous Last Words

Apt Observations, Pleas, Curses, Benedictions, Sour Notes, Bons Mots, and Insights from People on the Brink of Departure


Stretch Your Wings

Famous Black Quotations for the Young


American Quotations

An exhaustive collection of profound quotes from the founding fathers, presidents, statesmen, scientists, constitutions, court decisions


The Oxford Dictionary of Humorous Quotations


Last Words of Saints and Sinners

700 Final Quotes from the Famous, the Infamous, and the Inspiring Figures of History


America's God and Country: Encyclopedia of Quotations

Contains over 2,100 profound quotations from founding fathers, presidents, constitutions, court decisions and more


The Law

This 1850 classic is an absolute must read for anyone interested in law, justice, truth, or liberty. A most compelling and revolutionary look at The Law.


Bartlett's Familiar Quotations

A Collection of Passages, Phrases, and Proverbs Traced to Their Sources in Ancient and Modern Literature (17th Edition)


The Stupidest Things Ever Said by Politicians

Rise up, America -- and laugh out loud at the greatest gaffes that no spin doctor could possibly fix!


The 776 Even Stupider Things Ever Said

Another great collection of stupidity


Quotable Quotes

Wit and Wisdom for All Occasions from America's Most Popular Magazine


The Most Brilliant Thoughts of All Time

You don't have to be a genius to sound like one. Here's a collection of the most profound and provocative wit and wisdom in the English language in two lines or less.


2,715 One-Line Quotations for Speakers, Writers & Raconteurs

Invaluable sampler of witticisms, epigrams, sayings, bon mots, platitudes and insights chosen for their brevity and pithiness.


Phillips' Book of Great Thoughts Funny Sayings

A stupendous collection of quotes, quips, epigrams, witticisms, and humorous comments for personal enjoyment and ready reference.


Quick Quips and Quotes; 532 Things I Wish I Had Said

Quick Quips and Quotes is the Ultimate Collection of one liners.


Bartlett's Book of Anecdotes

The ultimate anthology of anecdotes, now revised with over 700 new entries.


Quotations for Public Speakers

A Historical, Literary, and Political Anthology


Liberty - The American Revolution

This compelling series traces the events leading up to the war and America's fight for freedom.


Founding Fathers

The story of how these disparate characters fomented rebellion in the colonies, formed the Continental Congress, fought the Revolutionary War, and wrote the Constitution


Libertarianism: A Primer

David Boaz, director of the Cato Institute, has written a simple introduction to Libertarianism inteneded to appeal to disgruntled Democrats and Republicans everywhere.


The Libertarian Reader

Classic and Contemporary Writings from Lao-Tzu to Milton Friedman


Thomas Paine: Collected Writings

All the classics: Common Sense / The Crisis / Rights of Man / The Age of Reason / Pamphlets, Articles, and Letters

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9th Circuit Court... we conclude that the [Federal] Reserve Banks are not federal ... but are independent privately owned and locally controlled corporations... without day to day direction from the federal government.
Lord ActonThe issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.
Franklin P. AdamsThere are plenty of good five-cent cigars in the country. The trouble is they cost a quarter. What this country needs is a good five-cent nickel.
John AdamsAll the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit, and circulation.
John AdamsOur whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit. A bank that issues paper at interest is a pickpocket or a robber. But the delusion will have its course. ... An aristocracy is growing out of them that will be as fatal as the feudal barons if unchecked in time.
Samuel AdamsLet us disappoint the Men who are raising themselves upon the ruin of this Country.
Samuel AdamsGovernors have no Right to seek and take what they please; by this, instead of being content with the Station assigned them, that of honorable Servants of the Society, they would soon become Absolute Masters, Despots,and Tyrants. Hence, as a private Man has a Right to say what Wages he will give in his private Affairs, so has a Community to determine what they will give and grant of their Substance for the Administration of public Affairs.
Ken AdelmanClinton realized that America could not economically afford the Protocol Gore negotiated. The Clinton-Gore's Energy Department found Kyoto would lead to $400 billion a year in lost output. ... Gore tries to throw Enron on the back of the current administration. But it was Enron Board Chairman Kenneth Lay who sold Clinton-Gore on Kyoto's cap and trade system. Gore, Clinton, and Treasury Secretary Robert Rubin met with Lay on Aug. 7, 1997 to go over goals and procedures for the Kyoto session. ... The corporate smoking memo here was not that from an ExxonMobil adviser to oppose Dr. Watson, but the Enron internal memo saying Kyoto 'would do more to promote Enron's business than almost any other regulatory initiative'.
AesopDo not count your chickens before they are hatched.
Publius Terentius AferFortune helps the brave.
Spiro AgnewThe American people should be made aware of the trend toward monopolization of the great public information vehicles and the concentration of more and more power over public opinion in fewer and fewer hands.
Gary AllenBy the time the (16th) Amendment had been approved by the states, the Rockefeller Foundation was in full operation...about the same time that Judge Kenesaw Landis was ordering the breakup of the Standard Oil monopoly...John D...not only avoided taxes by creating four great tax-exempt foundations; he used them as repositories for his 'divested' interests...made his assets non-taxable so that they might be passed down through generations without...estate and gift taxes...Each year the Rockefellers can dump up to half their incomes into their pet foundations and deduct the "donations" from their income tax.
American Mercury MagazineThe invisible Money Power is working to control and enslave mankind. It financed Communism, Fascism, Marxism, Zionism and Socialism. All of these are directed to making the United States a member of World Government.
Oscar AmeringerPolitics is the gentle art of getting votes from the poor and campaign funds from the rich, by promising to protect each from the other.
Fisher AmesLiberty has never lasted long in a democracy, nor has it ever ended in anything better than despotism.
Maxwell AndersonWhen a government takes over a people’s economic life it becomes absolute, and when it has become absolute it destroys the arts, the minds, the liberties and the meaning of the people it governs.
Major L. L. B. AngasThe modern banking system manufactures “money” out of nothing; and the process is, perhaps, the most, astounding piece of “sleight of hand” that was ever invented. In fact, it was not invented. It merely “grew”. ... Banks in fact are able to create (and cancel) modern “deposit money”, just as much as they were originally able to create, or call in, their own original forms of private notes. They can, in fact, inflate and deflate, i.e., mint, and un-mint the modern “ledger-entry” currency.
AristotleThe trade of the petty usurer is hated with most reason: it makes a profit from currency itself, instead of making it from the process which currency was meant to serve. Their common characteristic is obviously their sordid avarice.
Dick ArmeyThree groups spend other people's money: children, thieves, politicians. All three need supervision.
Richard ArmeyThe people themselves, not their government, should be trusted with spending their own money and making their own decisions.
Richard Armey[T]he tax code has been piling up, year after year, a symbol of everything gone wrong in America, of arrogant rulers and lost freedom, just waiting for us to pick the whole thing up and heave it away. It has to happen. Free people can put up with such laws only for so long.
Richard ArmeyGovernment is saying to the average citizen every January 1: 'For the next five months you’ll be working for us, for goals we shall determine. Is that clear? After May 5 you may look after your own needs and ambitions, but report back to us next January. Now move along.' ... If nearly half of what you make is spent by someone else, that means that half your work time is spent working for someone else. Call me a radical, but I think that comes dangerously close to being a form of indentured servitude.
Sir Francis BaconIf money be not thy servant, it will be thy master. The covetous man cannot so properly be said to possess wealth, as that may be said to possess him.
George BancroftMadison, agreeing with the journal of the convention, records that the grant of power to emit bills of credit was refused by a majority of more than four to one. The evidence is perfect; no power to emit paper money was granted to the legislature of the United States.
John BarrymoreA man must pay the fiddler. In my case it so happened that a whole symphony orchestra often had to be subsidized.
Bruce BartlettDemocrats will play the old Washington game of calling reductions in the rate of growth of spending for any program a 'cut'.
Bernard BaruchNothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.
Frederic BastiatBut how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime.
Frederic BastiatEveryone wants to live at the expense of the state. They forget that the state lives at the expense of everyone.
Frederic BastiatThe war against illegal plunder has been fought since the beginning of the world. But how is... legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish this law without delay ... If such a law is not abolished immediately it will spread, multiply and develop into a system.
Frederic BastiatMen naturally rebel against the injustice of which they are victims. Thus, when plunder is organized by law for the profit of those who make the law, all the plundered classes try somehow to enter -- by peaceful or revolutionary means -- into the making of laws. According to their degree of enlightenment, these plundered classes may propose one of two entirely different purposes when they attempt to attain political power: Either they may wish to stop lawful plunder, or they may wish to share in it.
Frederic BastiatBy virtue of exchange, one man's prosperity is beneficial to all others.
Frederic BastiatNo legal plunder: This is the principle of justice, peace, order, stability, harmony, and logic.
Until the day of my death, I shall proclaim this principle
with all the force of my lungs (which alas! is all too inadequate).
Frederic BastiatThus, if there exists a law which sanctions slavery or monopoly, oppression or robbery, in any form whatever, it must not even be mentioned. For how can it be mentioned without damaging the respect which it inspires? Still further, morality and political economy must be taught from the point of view of this law; from the supposition that it must be a just law merely because it is a law.
Another effect of this tragic perversion of the law is that it gives an exaggerated importance to political passions and conflicts, and to politics in general.
H. L. Birum, Sr.The Federal Reserve Bank is nothing but a banking fraud and an unlawful crime against civilization. Why? Because they "create" the money made out of nothing, and our Uncle Sap Government issues their "Federal Reserve Notes" and stamps our Government approval with NO obligation whatever from these Federal Reserve Banks, Individual Banks or National Banks, etc.
William BlakeWhere there is money there is no art.
William BoetckerYou cannot bring about prosperity by discouraging thrift.
You cannot help small men by tearing down big men.
You cannot strengthen the weak by weakening the strong.
You cannot lift the wage-earner by pulling down the wage-payer.
You cannot help the poor man by destroying the rich.
You cannot keep out of trouble by spending more than your income.
You cannot further the brotherhood of man by inciting class hatred.
You cannot establish security on borrowed money.
You cannot build character and courage by taking away men's initiative and independence.
You cannot help men permanently by doing for them what they could and should do for themselves.
Napoleon BonaparteWhen a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.
Napoleon BonaparteWhen a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.
Bill BonnerThe trouble with gold is that it turns its back on world improvers, empire builders and do-gooders.
Bill BonnerThe entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for.
Boston Federal Reserve BankWhen you or I write a check there must be sufficient funds in our account to cover that check, but when the Federal Reserve writes a check, it is creating money.
Charles A. BowsherThis [audit] was made extremely difficult because [IRS] existing Systems were not designed to provide reliable financial information... on their operations.
Keith BradsherIn a small Swiss city sits an international organization so obscure and secretive....Control of the institution, the Bank for International Settlements, lies with some of the world's most powerful and least visible men: the heads of 32 central banks, officials able to shift billions of dollars and alter the course of economies at the stroke of a pen.
Harry BrowneA welfare state is frightened of every poor person who tries to get in and every rich person who tries to get out.
William Jennings BryanMoney power denounces, as public enemies, all who question its methods or throw light upon its crimes.
Warren BuffettNothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.
Major General Smedley Darlington ButlerI spent 33 years in the Marines. Most of my time being a high-class muscle man for big business, for Wall Street and the bankers. In short, I was a racketeer for capitalism. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I brought light to the Dominican Republic for American sugar interests in 1916. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenue in. I helped in the rape of half-a-dozen Central American republics for the benefit of Wall Street...
Stephen T. ByingtonNo legal tender law is ever needed to make men take good money; its only use is to make them take bad money.
John C. CalhounA power has risen up in the government greater than the people themselves, consisting of many and various powerful interests, combined in one mass, and held together by the cohesive power of the vast surplus in banks.
Mortimer CaplinOur tax system is based on individual self-assessment and voluntary compliance.
Douglas CaseyForeign aid might be defined as a transfer from poor people in rich countries to rich people in poor countries.
Catherine of SienaEvery evil, harm and suffering in this life comes from the love of riches.
Raymond ChandlerHe didn't know the right people. That's all a police record means in this rotten crime-ridden country.
Gabrielle ChanelMoney for me has only one sound: liberty.
Justice Salmon ChaseThe legal tender quality [of money] is only valuable for the purposes of dishonesty.
Chicago Evening AmericanThe Rothschilds can start or prevent wars. Their word could make or break empires.
Joseph H. ChoateThe Act of Congress which we are impugning before you is communistic in its purposes and tendencies, and is defended here upon principles as communistic, socialistic - what shall I call them - populistic as ever have been
addressed to any political assembly in the world.
Sir Winston ChurchillWe contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle.
Sir Winston ChurchillIf you go on with this nuclear arms race, all you are going to do is make the rubble bounce.
Marcus Tullius CiceroThe budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance.
Marcus Tullius CiceroEndless money forms the sinews of war.
Civil Servants' Year BookWhen through a process of law the common people have lost their homes, they will be more tractable and more easily governed...
Calvin CoolidgeThe collection of taxes which are not absolutely required, which do not beyond reasonable doubt contribute to the public welfare, is only a species of legalized larceny. The wise and correct course to follow in taxation is not to destroy those who have already secured success, but to create conditions under which everyone will have a better chance to be successful.
Calvin CoolidgeNothing is easier than spending public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it on somebody.
Edward H. CraneThe Great Depression was not caused by laissez faire but by the actions of well-intended politicians and bureaucrats. The Federal Reserve System, after all, was not created in response to the Great Depression, but in 1913. Soon thereafter it began experimenting with its awesome powers, expanding the money supply during the roaring ‘20s, propping up the pound sterling in London, extending credit so Europeans could buy American agricultural products. All the while, Congress was becoming more and more protectionist. When the Fed reversed policies in 1929 and actually shrunk the money supply by a third over the next three years and Congress culminated its protectionist tendencies with the Smoot-Hawley tariff, the collapse was underway. The fact that Hoover then raised taxes and Roosevelt kept wages artificially high guaranteed the massive unemployment that marked the 1930s. Government caused and exacerbated the Great Depression.
Davy CrockettWe must not permit our respect for the dead or our sympathy for the living to lead us into an act of injustice to the balance of the living. I will not attempt to prove that Congress has no power to appropriate this money as an act of charity. Every member upon this floor knows it. We have the right as individuals to give away as much of our own money as we please in charity; but as members of congress we have no right to appropriate a dollar of the public money.
Davy CrockettWe have rights, as individuals, to give as much of our own money as we please to charity; but as members of Congress we have no right so to appropriate a dollar of public money.
John C. DanforthI have never seen more senators express discontent with their jobs. ... I think the major cause is that, deep down in our hearts, we have been accomplices to doing something terrible and unforgivable to this wonderful country. Deep down in our hearts, we know that we have bankrupted America and that we have given our children a legacy of bankruptcy. ... We have defrauded our country to get ourselves elected.
William Richardson DavieSo low and hopeless are the finances of the United States, that, the year before last Congress was obliged to borrow money even, to pay the interest of the principal which we had borrowed before. This wretched resource of turning interest into principal, is the most humiliating and disgraceful measure that a nation could take, and approximates with rapidity to absolute ruin: Yet it is the inevitable and certain consequence of such a system as the existing Confederation.
Remy de GourmontMoney is the sign of liberty. To curse money is to curse liberty -- to curse life, which is nothing, if it be not free.
Perry de HavillandA large number of people, certainly the majority of the political looter class, think the best way to deal with the rapidly deepening economic crisis is via 'stimulus packages' with money plucked off the magic money tree... which is to say, by trying to re-inflate the credit bubble that actually caused the crisis. This is a bit like treating alcoholics by urging them to buy more whiskey.
Bertrand de JouvenelThe more one considers the matter, the clearer it becomes that redistribution is in effect far less a redistribution of free income from the richer to the poorer, as we imagined, than a redistribution of power from the individual to the State.
Alexis de TocquevilleI know of no other country where love of money
has such a grip on men's hearts or
where stronger scorn is expressed for
the theory of permanent equality of property.
Alexis de TocquevilleThe American Republic will endure, until politicians realize they can bribe the people with their own money.
Alexis de TocquevilleThe American Republic will endure, until politicians realize they can bribe the people with their own money.
Lawrence DennisIt comes as news to most people to learn that practically all important ethical teachers -- Moses, Aristotle, Jesus, Mohammed, and Saint Thomas Aquinas, for instance -- have denounced lending at interest as usury and as morally wrong.
Bo DiddleyDon't let your mouth write no check that your tail can't cash.
Benjamin DisraeliFor you see, the world is governed by very different personages from what is imagined by those who are not behind the scenes.
W. E. B. Du BoisIt is the growing custom to narrow control, concentrate power, disregard and disfranchise the public; and assuming that certain powers by divine right of money-raising or by sheer assumption, have the power to do as they think best without consulting the wisdom of mankind.
Will DurantForced to choose, the poor, like the rich, love money more than political liberty; and the only political freedom capable of enduring is one that is so pruned as to keep the rich from denuding the poor by ability or subtlety and the poor from robbing the rich by violence or votes.
Olive Cushing DwinellHamilton's whole monetary policy is based on unconstitutional grounds and unsound reasoning, and fraudulent statements. His policies were fought through the whole public career of Franklin, Jefferson, Madison, Randolph and many another truly great lovers of Republican Government.
His policies have proved to be more destructive of our independent and democratic form of government than the old subjugation of the Colonies by Great Britain. The deliberations in Congress over Hamilton's Bank Bill, and the opinions of members of The Cabinet show the intensity of feeling between the private money interests and those supporting the Constitution. History records that the “money changers” have used every form of abuse, intrigue, deceit and violent means possible to maintain their control over governments by controlling the money and its issuance.
Marriner Stoddard EcclesThat is what our money system is. If there were no debts in our money system, there wouldn't be any money.
Thomas A. EdisonIf the Nation can issue a dollar bond it can issue a dollar bill. The element that makes the bond good makes the bill good also. The difference between the bond and the bill is that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People.
Thomas A. EdisonPeople who will not turn a shovel full of dirt on the project (Muscle Shoals Dam) nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest.
Ralph Waldo EmersonMoney, which represents the prose of life, and which is hardly spoken of in parlors without an apology, is, in its effects and laws, as beautiful as roses.
Sam EwingThe government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect.
Federal Reserve Bank of ChicagoThe actual process of money creation takes place in commercial banks. As noted earlier, demand liabilities of commercial banks are money.
Federal Reserve Bank of New YorkBecause of 'fractional' reserve system, banks, as a whole, can expand our money supply several times, by making loans and investments.
Federal Reserve Bank of New YorkCommercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU.
Federal Reserve Bank of PhiladelphiaWithout the confidence factor, many believe a paper money system is liable to collapse eventually.
Federal Reserve Bank of St. LouisThe decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money...
Edwin FeulnerThe best way to put more money in people's wallets is to leave it there in the first place.
Richard FeynmanThere are 10^11 stars in the galaxy. That used to be a huge number. But it's only a hundred billion. It's less than the national deficit! We used to call them astronomical numbers. Now we should call them economical numbers.
Justice Stephen J. FieldHere I close my opinion. I could not say less in view of
questions of such gravity that go down to the very foundations of the government. If the
provisions of the Constitution can be set aside by an Act of Congress, where is the course
of usurpation to end? The present assault upon capital is but the beginning. It will be but
the stepping-stone to others, larger and more sweeping, till our political contests will
become a war of the poor against the rich; a war growing in intensity and bitterness.
Irving FisherThus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.
Henry FordIt is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Anatole FranceThe Law, in its majestic equality, forbids the rich, as well as the poor, to sleep under the bridges, to beg in the streets, and to steal bread.
Benjamin FranklinThat is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one.
Benjamin Franklin ... as all history informs us, there has been in every State & Kingdom a constant kind of warfare between the governing & governed: the one striving to obtain more for its support, and the other to pay less. And this has alone occasioned great convulsions, actual civil wars, ending either in dethroning of the Princes, or enslaving of the people. Generally indeed the ruling power carries its point, the revenues of princes constantly increasing, and we see that they are never satisfied, but always in want of more. The more the people are discontented with the oppression of taxes; the greater need the prince has of money to distribute among his partisans and pay the troops that are to suppress all resistance, and enable him to plunder at pleasure. There is scarce a king in a hundred who would not, if he could, follow the example of Pharaoh, get first all the peoples money, then all their lands, and then make them and their children servants for ever ...
Benjamin FranklinIn my youth I travelled much, and I observed in different countries, that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer. There is no country in the world where so many provisions are established for them; so many hospitals to receive them when they are sick or lame, founded and maintained by voluntary charities; so many alms-houses for the aged of both sexes, together with a solemn general law made by the rich to subject their estates to a heavy tax for the support of the poor. Under all these obligations, are our poor modest, humble, and thankful; and do they use their best endeavours to maintain themselves, and lighten our shoulders of this burthen? — On the contrary, I affirm that there is no country in the world in which the poor are more idle, dissolute, drunken, and insolent. The day you passed that act, you took away from before their eyes the greatest of all inducements to industry, frugality, and sobriety, by giving them a dependance on somewhat else than a careful accumulation during youth and health, for support in age or sickness. In short, you offered a premium for the encouragement of idleness, and you should not now wonder that it has had its effect in the increase of poverty.
Benjamin FranklinRepeal that [welfare] law, and you will soon see a change in
their manners. ... Six days shalt thou labor, though one of
the old commandments long treated as out of date, will again be
looked upon as a respectable precept; industry will increase,
and with it plenty among the lower people; their circumstances
will mend, and more will be done for their happiness by inuring
them to provide for themselves, than could be done by dividing
all your estates among them.
Benjamin FranklinThe colonies would gladly have borne the little tax on tea and other matters, had it not been that England took away from the colonies their money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the International Bankers was probably the Prime reason for the Revolutionary War.
Benjamin FranklinWhen the people find they can vote themselves money, that will herald the end of the republic.
Benjamin FranklinTrusting too much to others' care is the ruin of many; for, as the almanac says, in the affairs of this world men are saved not by faith, but by the want of it; but a man's own care is profitable; for, saith Poor Dick, learning is to the studious, and riches to the careful, as well as power to the bold, and Heaven to the virtuous.
Norm FranzGold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.
Milton FriedmanIf you put the federal government in charge of the Sahara Desert,
in 5 years there'd be a shortage of sand.
Milton FriedmanInflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.
Milton FriedmanI am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.
Milton FriedmanThe Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.
Milton FriedmanThe power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.
Buckminster FullerTo expose a 4.2 Trillion dollar ripoff of the American people by the stockholders of the 1000 largest corporations over the last one-hundred years will be a tall order of business.
John Kenneth GalbraithThe process by which banks create money is so simple that the mind is repelled.
John Kenneth GalbraithThe study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.
John Kenneth GalbraithThe study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.
James A. GarfieldThe chief duty of the National Government in connection with the currency of the country is to coin money and declare its value. Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender. The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, and not upon its compulsory circulation. These notes are not money, but promises to pay money. If the holders demand it, the promise should be kept.
James A. GarfieldThe prosperity which now prevails is without parallel in our history. Fruitful seasons have done much to secure it, but they have not done all. The preservation of the public credit and the resumption of specie payments, so successfully attained by the Administration of my predecessors, have enabled our people to secure the blessings which the seasons brought.
James A. GarfieldThe chief duty of the National Government in connection with the currency of the country is to coin money and declare its value. Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender. The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, and not upon its compulsory circulation. These notes are not money, but promises to pay money. If the holders demand it, the promise should be kept.
James A. GarfieldThe refunding of the national debt at a lower rate of interest should be accomplished without compelling the withdrawal of the national-bank notes, and thus disturbing the business of the country.
James A. GarfieldWhoever controls the volume of money in any country is absolute master of all industry and commerce.
James A. GarfieldBy the experience of commercial nations in all ages it has been found that gold and silver afford the only safe foundation for a monetary system. Confusion has recently been created by variations in the relative value of the two metals, but I confidently believe that arrangements can be made between the leading commercial nations which will secure the general use of both metals. Congress should provide that the compulsory coinage of silver now required by law may not disturb our monetary system by driving either metal out of circulation. If possible, such an adjustment should be made that the purchasing power of every coined dollar will be exactly equal to its debt-paying power in all the markets of the world.
The Pennsylvania GazetteSince the federal constitution has removed all danger of our having a paper tender, our trade is advanced fifty percent. Our monied people can trust their cash abroad, and have brought their coin into circulation.
Kenneth GerbinoHistorically, the United States has been a hard money country. Only [since 1913] has the United States operated on a fiat money system. During this period, paper money has depreciated over 87%. During the preceding 140 year period, the hard currency of the United States had actually maintained its value. Wholesale prices in 1913... were the same as in 1787.
Kenneth GerbinoIt is the paper money created out of thin air that creates the unfair distribution of wealth that is making the middle class fall more behind and the poor more poor. Newly created money and credit in a paper money system benefits those that can access the money first and buy capital goods and real property at one price before the new money circulates and makes all prices go up. Wages also do not keep up with inflation and that creates another squeeze on the middle class.
Senator Carter GlassIs there any reason why the American people should be taxed to guarantee the debts of banks, any more than they should be taxed to guarantee the debts of other institutions, including merchants, the industries, and the mills of the country?
Barry GoldwaterThe Trilateralist Commission is international...(and)...is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States. The Trilateralist Commission represents a skillful, coordinated effort to seize control and consolidate the four centers of power - political, monetary, intellectual, and ecclesiastical.
Barry GoldwaterMost Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside of the control of Congress and manipulates the credit of the United States.
Horace GreeleyWhile 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.
Horace GreeleyWe have stricken the shackles from 4,000,000 human beings and brought all labourers to a common level, but not so much by the elevation of former slaves as by reducing the whole working population, white and black, to a condition of serfdom. While boasting of our noble deeds, we are careful to conceal the ugly fact that by our iniquitous money system we have manipulated a system of oppression which, though more refined, is no less cruel than the old system of chattel slavery.
Alan GreenspanAs long as we issue fiat currency, I see no alternative to a legal tender law.
Alan GreenspanDeficit spending is simply a scheme for the hidden confiscation of wealth.
Alan GreenspanGold still represents the ultimate form of payment in the world.
Alan GreenspanIn the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.
G. Edward GriffinInflation has now been institutionalized at a fairly constant 5% per year. This has been determined to be the optimum level for generating the most revenue without causing public alarm. A 5% devaluation applies, not only to the money earned this year, but to all that is left over from previous years. At the end of the first year, a dollar is worth 95 cents. At the end of the second year, the 95 cents is reduced again by 5%, leaving its worth at 90 cents, and so on. By the time a person has worked 20 years, the government will have confiscated 64% of every dollar he saved over those years. By the time he has worked 45 years, the hidden tax will be 90%. The government will take virtually everything a person saves over a lifetime.
Martin GrossThe wages of the average American worker, after inflation and taxes, have decreased 17% since 1973, the only Western industrial nation to so suffer.
Alexander HamiltonAll communities divide themselves into the few and the many. The first are the rich and the well-born; the other the mass of the people ... turbulent and changing, they seldom judge or determine right. Give therefore to the first class a distinct, permanent share in the Government ... Nothing but a permanent body can check the imprudence of democracy.
Alexander HamiltonIn the general course of human nature, A power over a man's subsistence amounts to a power over his will.
Dorcas HardyThere is no prospect that today's younger workers will receive all the Social Security and Medicare benefits currently promised them.
Ralph M. HawtreyBanks lend by creating credit. They create the means of payment out of nothing.
Friedrich August von HayekTo be controlled in our economic pursuits means to be controlled in everything.
Friedrich August von HayekThere can be no doubt that besides the regular types of the circulating medium, such as coin, notes and bank deposits, which are generally recognised to be money or currency, and the quantity of which is regulated by some central authority or can at least be imagined to be so regulated, there exist still other forms of media of exchange which occasionally or permanently do the service of money. Now while for certain practical purposes we are accustomed to distinguish these forms of media of exchange from money proper as being mere substitutes for money, it is clear that, other things equal, any increase or decrease of these money substitutes will have exactly the same effects as an increase or decrease of the quantity of money proper, and should therefore, for the purposes of theoretical analysis, be counted as money.
Friedrich August von HayekWith the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
Friedrich August von HayekThe history of government management of money has, except for a few short happy periods, been one of incessant fraud and deception.
Henry HazlittThe monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record of responsible paper money management ... The record taken as a whole is one of hyperinflation, devaluation and monetary chaos.
Robert HemphillSomeone has to borrow every dollar we have in circulation, cash or credit.
Robert HemphillIf all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial Banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the Banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon.
Hazel HendersonThe problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics is a form of brain damage.
Cullen HightowerTalk is cheap -- except when Congress does it.
Adolf HitlerGold is not neccesary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp. That's the bastion of money.
Adolf HitlerFor the folk-community does not exist on the fictitious value of money but on the results of productive labour, which is what gives money its value.
Oliver Wendell Holmes, Jr.A man is usually more careful of his money than of his principles.
Margaret HouseThings may be cheaper over the hill, but there is a cost to the community in buying over there, instead of here.
Jorg Guido HulsmannFiat-money systems tend to make people insatiable in their quest for ever higher monetary returns on their investments,
Jorg Guido HulsmannYou can imagine, then, how this inflation and debt-based system, over time, will begin to change the culture of a society and its behavior.
We become more materialistic than under a natural monetary system. We can’t just sit on our savings anymore, and we have to watch our investments constantly, and think about revenue constantly, because if it is not earning enough, we are actively getting poorer.
Jorg Guido HulsmannIn a fiat money society you are more likely to increase your returns by remaining in debt and continuing to chase monetary revenue indefinitely by leveraging more and more funds.
Bill HybelsDignity does not float down from heaven it cannot be purchased nor manufactured. It is a reward reserved for those who labor with diligence.
John F. HylanThe real menace of our Republic is the invisible government which like a giant octopus sprawls its slimy legs over our cities states and nation. At the head is a small group of banking houses
generally referred to as 'international bankers.'
This little coterie... run our government for their own selfish ends.
It operates under cover of a self-created screen...[and]
seizes...our executive officers... legislative bodies... schools... courts...
newspapers and every agency created for the public protection.
Internal Revenue Service ManualSome techniques can be used only in connection with a full-scale program due to the nature of the tax situation and the need to avoid unnecessary taxpayer reaction. An example would be income tax returns compliance efforts aimed at the non-business taxpayer.
Internal Revenue Service ManualThe purpose of the IRS is to collect the proper amount of tax revenues at the least cost to the public, and in a manner that warrants the highest degree of public confidence in our integrity, efficiency and fairness. To achieve that purpose, we will encourage and achieve the highest possible degree of voluntary compliance in accordance with the tax laws and regulations...
Andrew JacksonIt is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes.
Andrew JacksonIf Congress has the right under the Constitution to issue paper money, it was given to be used by themselves, not to be delegated to individuals or corporations.
Andrew JacksonThe bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.
Andrew JacksonIt is apparent from the whole context of the Constitution as well as the history of the times which gave birth to it, that it was the purpose of the Convention to establish a currency consisting of the precious metals. These were adopted by a permanent rule excluding the use of a perishable medium of exchange, such as certain agricultural commodities recognized by the statutes of some States as tender for debts, or the still more pernicious expedient of paper currency.
Andrew JacksonYou are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.
Andrew JacksonGentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.
Justice Robert H. JacksonIn our country are evangelists and zealots of many different political, economic and religious persuasions whose fanatical conviction is that all thought is divinely classified into two kinds -- that which is their own and that which is false and dangerous.
Thomas JeffersonI believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Thomas JeffersonThe man who never looks into a newspaper is better informed than he who reads them; inasmuch as
he who knows nothing is nearer to the truth than he whose mind is filled with falsehoods and errors
Thomas JeffersonIf the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.
Thomas JeffersonI consider the foundation of the Constitution as laid on this ground that 'all powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are preserved to the states or to the people.' ... To take a single step beyond the boundaries thus specially drawn around the powers of Congress is to take possession of a boundless field of power, no longer susceptible of any definition. The incorporation of a bank, and the powers assumed by this bill (chartering the first Bank of the United States), have not, been delegated to the United States by the Constitution.
Thomas JeffersonWith money we will get men, said Caesar, and with men we will get money. Nor should our assembly [the Virginia Legislature] be deluded by the integrity of their own purposes, and conclude that these unlimited powers will never be abused, because themselves are not disposed to abuse them. They should look forward to a time, and that not a distant one, when a corruption in this, as in the country from which we derive our origin [Great Britain], will have seized the heads of government, and be spread by them through the body of the people; when they will purchase the voices of the people, and make them pay the price. Human nature is the same on every side of the Atlantic, and will be alike influenced by the same causes. The time to guard against corruption and tyranny, is before they shall have gotten hold on us. It is better to keep the wolf out of the fold, than to trust to drawing his teeth and talons after he shall have entered.
Thomas JeffersonFear can only prevail when victims are ignorant of the facts.
Thomas JeffersonI hope we shall take warning from the example of England and crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our Government to trial, and bid defiance to the laws of our country.
Thomas JeffersonThat this privilege of giving or of withholding our monies is an important
barrier against the undue exertion of prerogative, which
if left altogether without control may be exercised to our great oppression;
and all history shews how efficacious is its intercession
for redress of grievances and re-establishment of rights,
and how improvident would be the surrender of so powerful a mediator
Thomas JeffersonThe system of banking [is] a blot left in all our Constitutions, which, if not covered, will end in their destruction... I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity... is but swindling futurity on a large scale.
Thomas JeffersonI, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.
Thomas JeffersonMoney and not morality is the principle of commerce and commercial nations.
Jesus of NazarethWoe unto you, ye blind guides, which say, Whosoever shall swear by the temple, it is nothing; but whosoever shall swear by the gold of the temple, he is a debtor!
Jesus of NazarethAnd Jesus went into the temple of God, and cast out all them that sold and bought in the temple, and overthrew the tables of the money changers, and the seats of them that sold doves, and said unto them, 'It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.'
Jesus of NazarethAnd Jesus went into the temple of God,
and cast out all them that sold and bought in the temple,
and overthrew the tables of the moneychangers,
and the seats of them that sold doves,
And said unto them, 'It is written,
My house shall be called the house of prayer;
but ye have made it a den of thieves.'
Raymond J. KeatingMonetary policy today is guided by little more than government fiat -- by the calculations, often mistaken economic theories, and whims of central bankers or, even worse, politicians. Under such a regime, inflation of three or four percent annually has come to be viewed as a stellar monetary performance. However, under a more sound monetary system -- i.e., a gold standard -- such increases in the general price level would be seen as wildly inflationary.
Capt. Henry KerbyThat this House considers that the continued issue of all the means of exchange -- be they coin, bank-notes or credit, largely passed on by cheques -- by private firms as an interest-bearing debt against the public should cease forthwith; that the Sovereign power and duty of issuing money in all forms should be returned to the Crown, then to be put into circulation free of all debt and interest obligations...
Peter KershawThe Founding Fathers of this great land had no difficulty whatsoever understanding the agenda of bankers, and they frequently referred to them and their kind as, quote, 'friends of paper money.' They hated the Bank of England, in particular, and felt that even were we successful in winning our independence from England and King George, we could never truly be a nation of freemen, unless we had an honest money system. Through ignorance, but moreover, because of apathy, a small, but wealthy, clique of power brokers have robbed us of our Rights and Liberties, and we are being raped of our wealth. We are paying the price for the near-comatose levels of complacency by our parents, and only God knows what might become of our children, should we not work diligently to shake this country from its slumber! Many a nation has lost its freedom at the end of a gun barrel, but here in America, we just decided to hand it over voluntarily. Worse yet, we paid for the tyranny and usurpation out of our own pockets with "voluntary" tax contributions and the use of a debt-laden fiat currency!
John Maynard KeynesIf the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.
John Maynard KeynesLenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
… Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
John Maynard KeynesBy a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.
John Maynard KeynesIf, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.
John Maynard KeynesLenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.
William Lyon Mackenzie KingOnce a nation parts with the control of its currency and credit,
it matters not who makes the nations laws. Usury, once in control,
will wreck any nation. Until the control of the issue of currency
and credit is restored to government and recognized as its most sacred
responsibility, all talk of the sovereignty of parliament and
of democracy is idle and futile.
Paul KirkI hate this "crime doesn't pay" stuff. Crime in the U.S. is perhaps one of the biggest businesses in the world today.
Paul KrugmanHeterodox doctrines, in economics and elsewhere, often fail to get adequately discussed in their formative stages: both the intellectual and the political establishment tend to regard them as unworthy of notice. Meanwhile, those doctrines can seem compelling to large numbers of people (some of whom may have considerable political clout, large financial resources, or both). By the time it becomes apparent that such influential ideas demand serious attention after all, reasoned argument has become very difficult. People have become invested emotionally, politically, and financially in the doctrine; careers and even institutions have been built on it; and the proponents can no longer allow themselves to contemplate the possibility that they have taken a wrong turning.
Richard LammChristmas is a time when kids tell Santa what they want and adults pay for it.
Deficits are when adults tell the government what they want and their kids pay for it.
Vladimir Ilyich Lenin...first ascertain exactly the position of the various capitalists, then control them, influence them by restricting or enlarging, facilitating or hindering their credits, and finally they can entirely determine their fate.
Vladimir Ilyich LeninHundreds of thousands of rouble notes are being issued daily by our treasury. This is done, not in order to fill the coffers of the State with practically worthless paper, but with the deliberate intention of destroying the value of money as a means of payment. ...
Experience has taught us it is impossible to root out the evils of capitalism merely by confiscation and expropriation… The simplest way to exterminate the very spirit of capitalism is therefore to flood the country with notes of a high face-value without financial guarantees of any sort. …[T]he great illusion of the value and power of money, on which the capitalist state is based will have been definitely destroyed.
Vladimir Ilyich LeninThe surest way to destroy a nation is to debauch its currency.
Vladimir Ilyich Lenin...the concentration of capital and the growth of their turnover is radically challenging the significance of the banks. Scattered capitalists are transformed into a single collective capitalist. When carrying the current accounts of a few capitalists, the banks, as it were, transact a purely technical and exclusively auxiliary operation. When, however, these operations grow to enormous dimensions we find that a handful of monopolists control all the operations, both commercial and industrial, of capitalist society. They can, by means of their banking connections.
Vladimir Ilyich LeninThe way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
G. Gordon LiddyA liberal is someone who feels a great debt to his fellow man; a debt he proposes to pay off with your money.
G. Gordon LiddyA liberal is someone who feels a great debt to his fellow man,
which debt he proposes to pay off with your money.
Abraham LincolnThe government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the government and the buying power of consumers. By adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.
Abraham LincolnI see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country; corporations have been enthroned, an era of corruption in High Places will follow, and the Money Power of the Country will endeavor to prolong its reign by working upon the prejudices of the People, until the wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war
Abraham LincolnThe government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers. The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government’s greatest creative opportunity. The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master and will then become servant of humanity.
Abraham Lincoln... the privilege of creating and issuing money... is the government's greatest creative opportunity... [saving] the taxpayers immense sums of money...
Charles A. Lindbergh, Sr.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.
Charles A. Lindbergh, Sr.When the President signs this act [Federal Reserve Act of 1913], the invisible government by the money power -- proven to exist by the Monetary Trust Investigation -- will be legalized. The new law will create inflation whenever the trusts want inflation. From now on, depressions will be scientifically created.
Charles A. Lindbergh, Sr.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.The new law will create inflation whenever the trusts want inflation...they can unload the stocks on the people at high prices during the excitement and then bring on a panic and buy them back at low prices...the day of reckoning is only a few years removed.
Thomas Babington MacaulayIt has often been found that profuse expenditures, heavy
taxation, absurd commercial restrictions, corrupt tribunals,
disastrous wars, seditions, persecutions, conflagrations,
inundation, have not been able to destroy capital so fast as the
exertions of private citizens have been able to create it.
James MadisonHistory records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.
James MadisonIf Congress can employ money indefinitely to the general welfare, and are the sole and supreme judges of the general welfare, they may take the care of religion into their own hands; they may appoint teachers in every State, county and parish and pay them out of their public treasury; they may take into their own hands the education of children, establishing in like manner schools throughout the Union; they may assume the provision of the poor; they may undertake the regulation of all roads other than post-roads; in short, every thing, from the highest object of state legislation down to the most minute object of police, would be thrown under the power of Congress... Were the power of Congress to be established in the latitude contended for, it would subvert the very foundations, and transmute the very nature of the limited Government established by the people of America.
James MadisonIf Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions.
James MadisonI cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on the objects of benevolence, the money of their constituents.
Brian MaherOnly a debt-backed system of paper money could finance the great wars, the social improvements and the fevered dreams of the 20th century.
Gary MakovskiIf no information or return is filed, [the] Internal Revenue Service cannot assess you.
George W. MaloneI believe that if the people of this nation fully understood what Congress has done to them over the last 49 years, they would move on Washington; they would not wait for an election... It adds up to a preconceived plan to destroy the economic and social independence of the United States!
Karl MarxAlthough gold and silver are not by nature money, money is by nature gold and silver.
Karl MarxDemocracy is a form of government that cannot long survive, for as soon as the people learn that they have a voice in the fiscal policies of the government, they will move to vote for themselves all the money in the treasury, and bankrupt the nation.
George MasonWhen the same man, or set of men, holds the sword and the purse, there is an end of liberty.
Matthew 20:15Don't I have the right to do what I want with my own money?
William R. Mattox, Jr.In 1950, the average family of four paid 2% of its earnings to federal taxes. Today it pays 24%.
W. Somerset MaughamIf a nation values anything more than freedom, it will lose its freedom; and the irony of it is that if it is comfort or money that it values more, it will lose that, too.
William Gibbs McAdooThe fact is that there is a serious danger of this country becoming a pluto-democracy; that is, a sham republic with the real government in the hands of a small clique of enormously wealthy men, who speak through their money, and whose influence, even today, radiates to every corner of the United States.
Robert McChesneyThe notion that journalism can regularly produce a product that violates the fundamental interests of media owners and advertisers … is absurd.
G. D. McDanielIf, as it appears, the experiment that was called 'America' is at an end ... then perhaps a fitting epitaph would be ... 'here lies America the greatest nation that might have been had it not been for the Edomite bankers who first stole their money, used their stolen money to buy their politicians and press and lastly deprived them of their constitutional freedom by the most evil device yet created --- The Federal Reserve Banking System.'
Larry P. McDonaldThe drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and communism under the same tent, all under their control... Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.
Louis McFaddenWe have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board and the Federal Reserve Banks, hereinafter called the FED. They are not government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers.
Louis McFaddenSome people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.
Louis McFaddenMr. Chairman, I see no reason why citizens of the United States should be terrorized into surrendering their property to the International Bankers who own and control the Federal Reserve.
Louis McFaddenThe Federal Reserve (Banks) are one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Bankers.
Louis McFaddenThe Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements.... The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States.... The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.
Louis McFadden(The Great Depression resulting from the Stock Market crash) was not accidental. It was a carefully contrived occurrence....The international bankers sought to bring about a condition of despair here so they might emerge as rulers of us all.
Reginald McKennaThose who create and issue money and credit direct the policies of government and hold in the hollow of their hands the destiny of the people.
Reginald McKennaI am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.
Justice John McLeanThat distinct sovereignties could exist under one government, emanating from the same people, was a phenomenon in the political world, which the wisest statesmen in Europe could not comprehend; and of its practicability many in our own country entertained the most serious doubts. Thus far the friends of liberty have had great cause of triumph in the success of the principles upon which our government rests. But all must admit that the purity and permanency of this system depend on its faithful administration. The states and the federal government have their respective orbits, within which each must revolve. If either cross the sphere of the other, the harmony of the system is destroyed, and its strength is impaired. It would be as gross usurpation on the part of the federal government, to interfere with state rights, by an exercise of powers not delegated; as it would be for a state to interpose its authority against a law of the union.
Justice John McLeanAll questions of power, arising under the constitution of the United States, whether they relate to the federal or a state government, must be considered of great importance. The federal government being formed for certain purposes, is limited in its powers, and can in no case exercise authority where the power has not been delegated. The states are sovereign; with the exception of certain powers, which have been invested in the general government, and inhibited to the states. No state can coin money, emit bills of credit, pass ex post facto laws, or laws impairing the obligation of contracts, &c. If any state violate a provision of the constitution, or be charged with such violation to the injury of private rights, the question is made before this tribunal; to whom all such questions, under the constitution, of right belong. In such a case, this court is to the state, what its own supreme court would be, where the constitutionality of a law was questioned under the constitution of the state. And within the delegation of power, the decision of this court is as final and conclusive on the state, as would be the decision of its own court in the case stated.
Angela MerkelWe can't constantly explain to our voters that taxpayers have to be on the hook for certain risks, rather than those who make a lot of money taking those risks.
Sir Denison MillerThis truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished.
Paul MillerAnd let us remind readers regularly, in editorials, in our promotional advertising, in speeches to civic groups and others, that advertising helps people to live better and saves them money. This fact needs constant selling.
Stephen Moore[T]he income tax is incompatible with a free society. The IRS routinely intrudes on our basic civil liberties and privacy rights -- and its intrusions are getting worse all the time. I want an America where it is no longer the government's business how much money you make and what you do with it.
J. P. MorganCapital must protect itself in every way... Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an imperialism of capitalism to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd.
Gouverneur MorrisThe rich will strive to establish their dominion and enslave the rest. They always did...they always will. They will have the same effect here as elsewhere, if we do not, by the power of government, keep them in their proper spheres.
Russell MunkFederal Reserve Notes Are Not Dollars.
Gustavus MyersUnder the surface, the Rothschilds long had a powerful influence in dictating American financial laws. The law records show that they were powers in the old Bank of the United States [abolished by Andrew Jackson].
Ralph NaderWhat we have now is democracy
without citizens.
No one is on the public's side.
All the buyers
are on the corporation's side.
And the bureaucrats
in the administration
don't think the government
belongs to the people.
Ralph NaderIs there a number or mark planned for the hand or forehead in a new cashless society? YES, and I have seen the machines that are now ready to put it into operation.
Mark NestmannGold is still the ultimate store of wealth. It's the world's only true money. And there isn't much of it to go around. All of it ever mined would fit into a small building - a 56 foot cube. The annual world production would fit into a 14 foot cube, roughly the size of an ordinary living room. If each Chinese citizen were to buy just one ounce, it would take up the annual supply for the next 200 years.
P. J. O'RourkeGovernment isn't a good way to solve problems ... [G]overnment is concerned mostly with self-perpetuation and is subject to fantastic ideas about its own capabilities. ... [G]overnment is wasteful of the nation's resources, immune to common sense and subject to pressure from every half-organized bouquet of assholes. ... [G]overnment is distrustful of and disrespectful toward average Americans while being easily gulled by Americans with money, influence or fame.
P. J. O'RourkeWhen buying and selling are controlled by
legislation, the first things to be bought and sold
are legislators.
P. J. O'RourkeYou can't get rid of poverty by giving people money.
P. J. O'RourkeGiving money and power to government is like
giving whiskey and car keys to teenage boys.
William S. PaleyTelevision, I would say,
isn't an advertising medium.
It's a selling medium.
Star ParkerThis leftist political strategy to win office and power relies on something very powerful: the desire to increase the number of Americans who are dependent on getting money that is taken from other citizens. 
Sadly, this strategy has worked for half a century! And now it works because Americans who are trapped in this nightmare do not want their government money taken away from them!
Larry ParksWith the monetary system we have now, the careful saving of a lifetime can be wiped out in an eyeblink.
William PatersonThe bank hath benefit of interest on all moneys which it creates out of nothing.
Wright PatmanI have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.
Wright PatmanThe dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury...and has created out of nothing a ... debt which the American people are obliged to pay with interest.
Wright Patman[I]t is absolutely wrong for the Government to issue interest-bearing obligations. It is not only wrong: it is extravagant. It is not only extravagant, it is wasteful. It is absolutely unnecessary.
Dr. Ron PaulYou can't save free markets by socialism, I don't know where this idea ever came from. You save free markets by promoting free markets and sound money and balanced budgets. The whole reason why nobody wants to address the real problem is, we're spending a trillion dollars a year overseas running an empire, and it's coming to an end. This country is bankrupt, and we won't admit it. Eventually though, the dollar will go bust, and we will bring our troops home, and we will live within our means, but we ought to do it sensibly, rather than waiting for the collapse of the dollar, and this is what we're doing, we're on the verge of destroying our dollar. And then, you think we have problems now, problems then will be a lot worse, it'd look like the Weimar Republic, or a third world nation. And a lot of people know that, and they're scared to death, but we don't need to be making the problem worse by just propping up everything with more government programs, more inflation, and more helicopters, it won't work.
Dr. Ron PaulThe greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch -- Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference -- that threatens to impoverish us by further destroying the value of our dollars.
Dr. Ron PaulIt's a mistake to think that poor people get the benefit from the welfare system. It's a total fraud. Most welfare go to the rich of this country: the military-industrial complex, the bankers, the foreign dictators, it's totally out of control. [...] This idea that the government has services or goods that they can pass on is a complete farce. Governments have nothing. They can't create anything, they never have. All they can do is steal from one group and give it to another at the destruction of the principles of freedom, and we ought to challenge that concept.
Dr. Ron PaulOur federal government, which was intended to operate as a very limited constitutional republic, has instead become a virtually socialist leviathan that redistributes trillions of dollars. We can hardly be surprised when countless special interests fight for the money. The only true solution to the campaign money problem is a return to a proper constitutional government that does not control the economy. Big government and big campaign money go hand-in-hand.
Dr. Ron PaulCapitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It’s not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!
Shirley Peterson... the key question is: can we define 'income' in a fair and reasonably straightforward manner? Unfortunately we have not yet succeeded in doing so.
Shirley PetersonEight decades of amendments... to (the) code have produced a virtually impenetrable maze... The rules are unintelligible to most citizens... The rules are equally mysterious to many government employees who are charged with administering and enforcing the law.
Philo of AlexandriaMoney, it has been said, is the cause of good things to a good man, of evil things to a bad man.
PlutarchThe real destroyer of the liberties of the people is he who spreads among them bounties, donations and benefits.
Ezra PoundThe phase of the usury system which we are trying to analyze is more or less Patterson's perception that the Bank of England could have benefit of all the interest on all the money that it creates out of nothing. ... Now the American citizen can, of course, appeal to his constitution, which states that Congress shall have power to coin money or regulate the value thereof and of foreign coin. Such appeal is perhaps quixotic.
Ezra PoundSovereignty inheres in the right to issue money. And the American sovereignty belongs by right to the people, and their representatives in Congress have the right to issue money and to determine the value thereof. And 120 million, 120 million suckers have lamentably failed to insist on the observation of this quite decided law. ... Now the point at which embezzlement of the nation's funds on the part of her officers becomes treason can probably be decided only by jurists, and not by hand-picked judges who support illegality.
Qur'anThose who swallow down usury cannot arise except as one whom Satan has prostrated by his touch does rise. That is because they say, trading is only like usury; and Allah has allowed trading and forbidden usury. To whomsoever then the admonition has come from his Lord, then he desists, he shall have what is already passed, and his affairs are in the hands of Allah; and whoever returns to it - these are the inmates of the fire; they shall abide in it..."
Sir Walter Raleigh[It is a basic principle of a tyrant] to unarm his people of weapons, money, and all means whereby they resist his power.
Ayn RandWhen you accept money in payment for your effort, you do so only on the conviction that you will exchange it for the product of the
effort of others. It is not the moochers or the looters who give value to money. Not an ocean of tears nor all the guns in the world can transform those
pieces of paper in your wallet into the bread you will need to survive tomorrow. Those pieces of paper which should have been gold, are a token of
honor—your claim upon the energy of the men who produce. Your wallet is your statement of hope that somewhere in the world around you there
are men who will not default on that moral principle which is the root of money.
Ayn RandWhenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: "Account Overdrawn.
Ayn RandWhen you see that trading is done, not by consent, but by compulsion - when you see that in order to produce, you need to obtain permission from men who produce nothing - when you see that money is flowing to those who deal, not in goods, but in favors - when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you - when you see corruption being rewarded and honesty becoming a self-sacrifice - you may know that your society is doomed.
Ayn RandUntil and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to be the tool by which men deal with one another, then men become the tools of men. Blood, whips and guns—or dollars. Take your choice -- there is no other -- and your time is running out.
Ayn RandIt is a policeman’s duty to protect men from criminals -- criminals being those who seize wealth by force. It is a policeman’s duty to retrieve stolen property and return it to its owners. But when robbery becomes the purpose of the law, and the policeman’s duty becomes, not the protection, but the plunder of property -- then it is an outlaw who has to become a policeman.
Ayn RandDo you wish to know when that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading
is done, not by consent, but by Compulsion -- when you see that in order to produce, you need to obtain permission from men who produce nothing --
when you see that money is flowing to those who deal, not in goods, but in favors -- when you see that men get richer by graft and by pull than by
work, and your laws don’t protect you against them, but protect them against you -- when you see corruption being rewarded and honesty becoming
self-sacrifice -- you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make
terms with brutality. It will not permit a country to survive as half-property, half-loot.
Ayn RandInflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
Ayn RandI refuse to apologize for my ability -- I refuse to apologize for my success -- I refuse to apologize for my money. If this is evil, make the most of it.
Ayn RandIt’s the person who would sell his soul for a nickel, who is loudest in proclaiming his hatred of money -- and he has good reason to hate it. The lovers of money are willing to work for it. They know they are able to deserve it. Let me give you a tip on a clue to men’s characters: the man who damns money has obtained it dishonorably; the man who respects it has earned it. Run for your life from any man who tells you that money is evil. That sentence is the leper’s bell of an approaching looter.
Jon RappoportWar, what is it good for? With the same "socialist" elites backing both sides, it's good for business. It's good for creating chaos and destruction. It's good for launching new global organizations, in the aftermath; organizations that exert a level of control and reach that didn't exist before. It's good for launching organizations like the United Nations and the European Union and the World Trade Organization---dedicated to Globalism, which in turn is dedicated to planned civilization, in which the individual is demeaned and the group is All. Freedom is demeaned; and dominance by the few over the many is hailed as peace in our time.
Ronald ReaganOur federal tax system is, in short, utterly impossible, utterly unjust and completely counterproductive, [it] reeks with injustice and is fundamentally un-American... it has earned a rebellion and it's time we rebelled.
Sir William Rees-MoggThe value of paper money is precisely the value of a politician's promise, as high or low as you put that; the value of gold is protected by the inability of politicians to manufacture it.
Charley ReeseCongress is extraordinarily reluctant to inject itself into foreign policy. It has dumped entirely its constitutional duty for money onto
a central bank, and for trade, onto the executive branch. It seems to never know what the CIA and other intelligence agencies are doing. Like the
Romans, they no longer talk of the republic or liberty. And like the Romans, the American people, or most of them anyway, don’t seem to care. ...
Like the Romans, we no longer have a citizen army but professional legions, and whether they wear jackboots or not, some federal officers seem to
regard Americans with about the same compassion as the Praetorian Guard had for the plebes. As in Rome, the air is full of suspicion, intrigues and
conspiracies, real or imagined, and the air reeks of greed and opportunism. As those on the Tiber, the rulers on the Potomac have grown
suspicious of the people, don’t trust them and, in some cases fear them. And, as in Rome, they grovel in luxury while taking 40 cents on the dollar
out of the sweat of working people to pay for corn and circuses to keep the mob satisfied.
Edgar Wallace RobinsonIn 1883, a small group of Socialists met in London, announcing their intentions of converting the British economic system from capitalism to socialism. This group chose the name 'Fabian Society.' One of the leading members of the Fabian Society, author George Bernard Shaw, perhaps summed it up best when he said, quote: '... Socialism means equality of income or nothing... under socialism you would not be allowed to be poor. You would be forcibly fed, clothed, lodged, taught, and employed whether you like it or not. If it were discovered that you had not character enough to be worth all this trouble, you might possibly be executed in a kindly manner; but whilst you were permitted to live you would have to live well.'
Lew RockwellIf something is wrong for you or me, it is also wrong for the cop, the soldier, the mayor, the governor, the general, the Fed chairman, the president. Theft does not become acceptable when they call it taxation, counterfeiting when they call it monetary policy, kidnapping when they call it the draft, mass murder when they call it foreign policy. We understand that it is never acceptable to wield violence nor the threat of violence against the innocent, whether by the mugger or the politician.
Lew RockwellAmerican money was never more sound, or banking more free, than 200 years ago. Since then, it’s been a long steady decline from the gold standard and competitive banking to our Fed-run system of inflated paper currency, deposit insurance, and perpetually shaky banks on the dole.
Lew RockwellRepeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.
Art RolnickWe make money the old fashioned way. We print it.
Franklin D. RooseveltThe real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson. History depicts Andrew Jackson as the last truly honorable and incorruptible American president.
Mayer Amschel RothschildGive me control of a nation's money and I care not who makes the laws.
Baron Nathan Mayer RothschildEither the application for renewal of the charter (for the First Bank of the United States) is granted, or the United States will find itself involved in a most disastrous war.
Baron Nathan Mayer RothschildI care not what puppet is placed on the throne of England to rule the Empire, ...The man that controls Britain's money supply controls the British Empire. And I control the money supply.
Michael RowbothamThe surest way to ruin a promising career in economics, whether professional or academic, is to venture into the 'cranks and crackpots' world of suggestions for reform of the financial system.
Warren RudmanThe blame for [the national debt] lies with the Congress and the President, with Democrats and Republicans alike, most all of whom have been unwilling to make the hard choices or to explain to the American people that there is no such thing as a free lunch.
John RuskinThere is no wealth but life.
Tupper SaussyAbout all a Federal Reserve note can legally do is wipe out one debt and replace it with itself another debt, a note that promises nothing. If anything's been paid, the payment occurs only in the minds of the parties...
Eric SchaubIt's worth what it's worth when it's worth it.
Patrick SemmonsUnion bosses will continue to use workers’ dues money as a slush fund to support controversial causes and organizations as long as union officials are empowered to order a worker fired simply for refusing to pay money to the union.
Hans F. SennholzSound money and free banking are not impossible; they are merely illegal. Freedom of money and freedom of banking...are the principles that must guide our steps.
George Bernard ShawYou have to choose [as a voter] between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the Government. And, with due respect for these gentlemen, I advise you, as long as the Capitalist system lasts, to vote for gold.
George Bernard ShawA government which robs Peter to pay Paul can always depend on the support of Paul.
George Bernard ShawLack of money is the root of all evil.
George Bernard ShawYou are going to let the fear of poverty govern your life and your reward will be that you will eat, but you will not live.
George Bernard ShawIf all economists were laid end to end, they would not reach a conclusion.
John ShermanThe few who could understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests.
Adam SmithEvery man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man or order of men.
Joseph R. SmithI have sat on many a promotion panel where the first question of panel members was 'How many seizures have you made?'
Joseph SobranPoliticians never accuse you of 'greed' for wanting other people's money --- only for wanting to keep your own money.
Joseph SobranAt the end of a century that has seen the evils of communism, Nazism and other modern tyrannies, the impulse to centralize power remains amazingly persistent.
Joseph SobranCan the real Constitution be restored? Probably not. Too many Americans depend on government money under programs the Constitution doesn't authorize, and money talks with an eloquence Shakespeare could only envy. Ignorant people don't understand The Federalist Papers, but they understand government checks with their names on them.
Frederick SoddyThe whole profit of the issuance of money has provided the capital of the great banking business as it exists today. Starting with nothing whatever of their own, they have got the whole world into their debt irredeemably, by a trick. This money comes into existence every time the banks 'lend' and disappears every time the debt is repaid to them. So that if industry tries to repay, the money of the nation disappears. This is what makes prosperity so 'dangerous' as it destroys money just when it is most needed and precipitates a slump. There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. An honest money system is the only alternative.
Frederick SoddyThe most sinister and anti-social feature about bank-deposit money is that it has no existence. The banks owe the public for a total amount of money which does not exist. In buying and selling, implemented by cheque transactions, there is a mere change in the party to whom the money is owed by the banks. As the one depositor's account is debited, the other is credited and the banks can go on owing for it all the time. The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. Starting with nothing whatever of their own, they have got the whole world into their debt irredeemably, by a trick. This money comes into existence every time the banks 'lend' and disappears every time the debt is repaid to them. So that if industry tries to repay, the money of the nation disappears. This is what makes prosperity so 'dangerous' as it destroys money just when it is most needed and precipitates a slump. There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. An honest money system is the only alternative.
Oswald SpenglerThere is no proletarian, not even a Communist movement, that has not operated in the interests of money, and for the time being permitted by money - and that without the idealists among its leaders having the slightest suspicion of the fact.
Lysander SpoonerThe principle that the majority have a right to rule the minority, practically resolves all government into a mere contest between two bodies of men, as to which of them shall be masters, and which of them slaves; a contest, that -- however bloody -- can, in the nature of things, never be finally closed, so long as man refuses to be a slave.
Lysander Spooner[T]he only security men can have for their political liberty, consists in keeping their money in their own pockets ...
Sir Josiah StampBanking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits.
Leland StanfordWhen money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal.
William Graham SumnerNo scheme which has ever been devised by them has ever made a collapsed boom go up again.
Edwin Way TealeIt is morally as bad not to care whether a thing is true or not, so long as it makes you feel good, as it is not to care how you got your money as long as you have it.
Margaret ThatcherSocialist governments traditionally do make a financial mess. They always run out of other people's money.
Margaret ThatcherI think they've made the biggest financial mess that any government's ever made in this country for a very long time, and Socialist governments traditionally do make a financial mess. They always run out of other people's money. It's quite a characteristic of them. They then start to nationalise everything, and people just do not like more and more nationalisation, and they're now trying to control everything by other means. They're progressively reducing the choice available to ordinary people.
The BibleIf thou lend money to any of my people that is poor by thee, thou shalt not be to him an usurer, neither shalt thou lay upon him usury.
The BibleUnto thy brother thou shalt not lend upon usury: That the Lord thy God bless thee.
The BibleTake no usury of him, or increase... thou shalt not give him thy money upon usury.
The Earl of CaithnessOur whole monetary system is dishonest, as it is debt-based... We did not vote for it. It grew upon us gradually but markedly since 1971 when the commodity-based system was abandoned.
The Times of LondonIf that mischievous financial policy which had its origin in the North American Republic [i.e., honest Constitutionally authorized debt-free money] should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without a debt (to the International Bankers). It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe!
Henry David ThoreauRather than love, than money, than fame, give me truth.
Henry David ThoreauThat man is richest whose pleasures are cheapest.
Theodore R. ThorenThe creation of money exclusively as debt is the critical, destabilizing flaw in the American Economy.
Rick TompkinsIt is said, mostly by Libertarians, that ‘taxation is theft.’ Theft is too mild a word. Typically, a thief strikes only once, and doesn’t pretend that his robbery is legitimate. Taxation is actually slavery.
James A. Traficant, Jr.Mr. Speaker, we are now in Chapter 11... Members of Congress are official trustees presiding over the greatest reorganization of any bankrupt entity in world history.
James A. Traficant, Jr.Mr. Speaker, in 1848, Karl Marx said, a progressive income tax is needed to transfer wealth and power to the state. Thus, Marx's Communist Manifesto had as its major economic tenet a progressive income tax. Think about it, 1848 Karl Marx, Communism.... I say it is time to replace the progressive income tax with a national retail sales tax, and it is time to abolish the IRS, my colleagues. I yield back all the rules, regulations, fear, and intimidation of our current system.
Mark TwainA banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain.
United States ConstitutionNo state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money...
United States ConstitutionNo State shall... coin money; emit bills of credit; make any thing but gold and silver coin a tender in payment of debts...
United States Supreme Court... [the 16th Amendment] conferred no new power of taxation... [and]... prohibited the ... power of income taxation possessed by Congress from the beginning from being taken out of the category of indirect taxation to which it inherently belonged...
United States Supreme CourtThe Constitution is a written instrument. As such it's meaning does not alter. That which it meant when adopted, it means now.
United States Supreme Court...the intent of the lawmaker is to be found in the language that he has used.
United States Supreme CourtTo lay with one hand the power of the government on the property of the citizen, and with the other to bestow it upon favored individuals to aid private enterprises and build up private fortunes, is nonetheless a robbery because it is done under the forms of law and is called taxation. This is not legislation. It is a decree under legislative forms.
United States Supreme CourtBecause of what appears to be a lawful command on the surface, many Citizens, because of their respect for what appears to be law, are cunningly coerced into waiving their rights due to ignorance.
United States Supreme CourtOur tax system is based upon voluntary assessment and payment, not upon distraint.
United States Supreme CourtThe Constitution prohibits any direct tax, unless in proportion to numbers as ascertained by the census..... [and] ... prohibits Congress from laying a direct tax on the revenue from property of the citizen without regard to state lines...
United States Supreme Court... bank records are not the depositor's private papers and having given the information to the bank, the depositor has no legitimate expectation of continued privacy... Records of an individual's accounts with banks are not the individual's private papers protected against compulsory production by the 4th Amendment, but instead are the business records of the banks.
UnknownEconomic warfare spans political warfare and military warfare and supersedes both, which are merely tools in the hands of those who are the masters of economic systems. The public is systematically misled, almost hypnotically, to believe that no such hidden masters of economic systems actually exist, or could even possibly exist, and that all of the economic strife in the world today is strictly the result of unplanned human incompetence when, in fact, very deliberate economic warfare is being carried out. Populations struggle to find purely political or military solutions to their economic problems, or they are manipulated and duped into giving yet more economic control over to their masters, in the name of general prosperity, because they do not fully understand the real principles of economics and banking. The myth of their non-existence is what protects the hierarchies of the international money cults of the world and allows them to continue their constant rivalries against one another, and to maintain their existence at the dire cost of their subject populations.
Leon UrisTerrorism is the war of the poor. War is the terrorism of the rich.
U. S. ConstitutionNo state shall ... make any thing but gold and silver coin a tender in payment of debts; pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts, or grant any title of nobility.
U. S. ConstitutionThe Congress shall have power: To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures;
U. S. CurrencySeries 1863-1934 U.S. Gold Certificate - This is to certify that there have been deposited in the treasury of The United States of America [denomination face value, i.e. Ten Dollars] in gold coin payable to the bearer on demand.<br>
Series 1886-1963 U.S. Silver Certificate - This certifies that there is on deposit in the treasury of The United States of America [denomination face value, i.e. Ten Dollars] in silver payable to the bearer on demand.<br>
Series 1913-1934 Federal Reserve Note - Redeemable in gold on demand at the United States Treasury or in gold or lawful money at any Federal Reserve Bank.<br>
Series 1934-1963 Federal Reserve Note - This note is legal tender for all debts public and private and is redeemable in lawful money at the United States Treasury or at any Federal Reserve Bank.<br>
Series 1963- Federal Reserve Note - This note is legal tender for all debts, public and private.<br>
U. S. TreasuryMind Your Business
U.S. Supreme CourtEmitting bills of credit, or the creation of money by private corporations, is what is expressly forbidden by Article 1, Section 10 of the U.S. Constitution.
Dr. Edwin VieiraYou can fool some of the people all of the time, and all of the people some of the time, and that's good enough.
Paul VolckerIt is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.
VoltairePaper money eventually returns to its intrinsic value -- zero.
VoltaireIn general, the art of government
consists in taking as much money as possible
from one party of the citizens to give to the other.
Ludwig von MisesThere is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final or total catastrophe of the currency system involved.
Ludwig von MisesThe common man is the sovereign consumer whose buying or abstention from buying ultimately determines what should be produced and in what quantity and quality.
Ludwig von MisesGovernment cannot make man richer, but it can make him poorer.
Jerry VoorhisThe banks -- commercial banks and the Federal Reserve -- create all the money of this nation and its people pay interest on every dollar of that newly created money. Which means that private banks exercise unconstitutionally, immorally, and ridiculously the power to tax the people. For every newly created dollar dilutes to some extent the value of every other dollar already in circulation.
W. Allen WallisWhen you pay social security taxes, you are in no way making provision for your own retirement. You are paying the pensions of those who are already retired. Once you understand this, you see that whether you will get the benefits you are counting on when you retire depends on whether Congress will levy enough taxes, borrow enough, or print enough money...
James Paul WarburgWe shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.
George WashingtonFew men have virtue to withstand the highest bidder.
George WashingtonPaper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.
George WashingtonOccupants of public offices love power and are prone to abuse it.
Daniel WebsterHe who tampers with the currency robs labor of its bread.
Daniel WebsterOf all contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.
Daniel WebsterWe are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.
H. W. WhiteThe banks do create money. They have been doing it for a long time, but they didn't realise it, and they did not admit it. Very few did. You will find it in all sorts of documents, financial textbooks, etc. But in the intervening years, and we must be perfectly frank about these things, there has been a development of thought, until today I doubt very much whether you would get many prominent bankers to attempt to deny that banks create it.
Walter E. WilliamsAll we have to do now is to inform the public that the payment of social security taxes is voluntary and watch the mass exodus.
Woodrow WilsonI am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is controlled by its system of credit.
Our system of credit is concentrated. The growth of the nation,
therefore, 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 civilized world.
No longer a government by free opinion, no longer a government by
conviction and the vote of the majority, but a government by
the opinion and duress of a small group of dominant men.
Woodrow WilsonWe have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world.
Woodrow WilsonSince I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the U.S., in the field of commerce and manufacturing, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it.
Woodrow WilsonA great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.
Woodrow WilsonWe have restricted credit, we have restricted opportunity, we have controlled development, and we have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world--no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.
Woodrow WilsonIf monopoly persists, monopoly will always sit at the helm of government. I do not expect monopoly to restrain itself. If there are men in this country big enough to own the government of the United States, they are going to own it.
William Hartman WoodinWhere would we be if we had I.O.U.'s scrip and certificates floating all around the country?" Instead he decided to "issue currency against the sound assets of the banks. [As opposed to issuing currency against gold.] The Federal Reserve Act lets us print all we'll need. And it won't frighten the people. It won't look like stage money. It'll be money that looks like real money.
xxxMoney-Import-DONE
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