John Adams Quote - Liberty Quotes Blog

"Banks have done more injury to the religion, morality, tranquility, prosperity,
and even wealth of the nation than they can have done or ever will do good."

by:	John Adams (1735-1826) Founding Father, 2nd US President
Source:	John Adams letter to John Taylor, Of Caroline, Quincy, 12 March, 1819 http://books.google.com/books?id=EFkSAAAAYAAJ&lpg=PA375&ots=xh-6ooA5Mu&pg=PA375#v=onepage&q&f=false
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Categories:	Banking, Morality, Peace, Prosperity, Religion, Usurpation, Wealth
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Reader comments about this quote:

I'd like to give this 10 times more stars than available. -- Mike, Norwalk 2
-- Logan, Memphis, TN
You have only numbers in your checking account, not money. Another interesting bank trick concerns "assets". When a bank loans money, the amount of the loan is carried on the books as an asset. Owning a bank is a license to steal. -- jim k, austin 2
The next great world revolution will be the People versus the banks. -- E Archer, NYC 1
I think Archer is right except that I think "people vs. banks" is only a part of "the revolution".There is much more. As for this quote,there is alot of truth to it,I believe. -- Me Again 1
All around the world people are getting the message Mr Archer. It is now just a matter of time. The ruling powers have forced the hand of the people. It is becoming a run away train. It no longer can be stopped. The choice is clear. Do the right thing, or get crushed. -- Billy Yank, Boston 1
Now, the real aim of the 'bailout / stabilization' package comes to light. The US government wants to take ownership in both healthy and failing banks. As it already owns about half the mortgages through Fannie May and Freddie Mac, now it will also own the banking sector. The methods might be more elegant than those employed by Chavez of Venezuela, but the end effect is the same, taking away private property from it's rightful owners, i.e. the shareholders, and giving it to those who are politically connected. Nice. Where does the money for the bailout come from? The Federal Reserve. How do they get it? They print it. And who are they? A private corporation founded in 1913, tasked with the management of the nations currency supply. And who owns the Federal Reserve? We don't know, nor are we allowed to know. It's a state secret. And the New York Times, that Statist Propaganda machine, makes it all sound so nice and civilized. http://www.marketwatch.com/news/story/us-may-take-ownership-stake/story.aspx?guid={0AB6EE9A-D3FA-497F-9568-EC03721A2E84} This is all going to blow up soon...it has to. -- J Carlton, Calgary 1
The first public act of Jesus' ministry was the miracle of changing water to wine. The second public act of Jesus was a miracle too; He dislodged the moneychangers from religion (temple). Watch Him in action! http://www.american-synergy.com/Learning/Video/Solutions/Video-What_Would_Jesus_Do.htm Now do you see what we are up against and what we will probably have to do to remove today's moneychangers from controlling our world? Watch Iceland lead the way. www.robertcoss.com/blog/2009/01/29/774/ -- RobertCoss.com, Rio Rancho 1
How true! -- Susan Caton, Bradford
This quote is finally coming to fruition for the few powerful men who push the Federal Reserve onto our country!! -- Mr. X, Los Angeles 1
History repeats itself. When will we learn. -- Nancy, san Diego 2
The evil has contilnued to soar with the influence of politicians. -- Paul J. Cross, Pekin, IL 2
-- Aleks, Lebanon TN
"Hey - how 'bout we just paint the flag RED already! Yeaahhhh! Down with Lewis! No religion! No Individual! Go CONSENSUS! ...How the lessons of Utopianism sit on the vacuous heads of these protesters like a giant red star. -- Jingle, Minneapolis 1
-- Mary, MI
Paper money that is not backed by that which has intrinsic value, i.e., gold, silver, platinum ... is nothing but a load of vile debt. -- Mary, MI 1

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