Wright Patman, Famous Quotation/Quote

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"The 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."

by:	Wright Patman [John William Wright Patman] (1893-1976) US Congressman (TX-D)
Date:	1964
Source:	http://centre.telemanage.ca/links.nsf/key/Federal_Reserve_Quiz