Thomas Jefferson Quote

"I 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."

by:	Thomas Jefferson (1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President
Source:	in opposition to the chartering of the first Bank of the United States (1791).
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Categories:	Banking, Constitution, Economics, Fed, Money, IRS, Taxation
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-- Logan, Memphis, TN
From Jefferson to Hillary, Obama or McCain . We have gone from statesmen to political hacks in less than 250 years.  -- jim k, austin, tx      1
.....and therefore,reside with the states or The People according to The Constitution.Thank You Thomas.  -- Anonymous
WOOOW!!! now there is one world changing statement at Constitutional law.  -- Mike, Norwalk
You can thank Alexander Hamilton for foisting the first private central bank (like the Fed) upon the USA. Jefferson's words were not heeded and the bill was passed. It would be 20 years before Jefferson could revoke the charter during his presidency. Even 4 years after the founding of the Constitution the attack by the bankers resumed -- and even though Jefferson was right, the power of the majority could ignore the Constitution with no recourse. This is a wide and gaping hole. How do we insist that bills meet Consitutional limits before voting on them? There is no check for unconstitutional laws except the courts and ultimately the jury. We need to stop unlawful legislation in its tracks, not decades later after the damage has been done. The only one who can get rid of the Fed is the president -- and the Fed makes sure that no president that would do such a thing ever gets near that Oval Office.  -- E Archer, NYC      1
Will we ever see the likes of a Thomas Jefferson again? Not in our time. Now we have the Hollow Men. Jeff so well predicted the follies we would encounter, and succumb to. "Give me control of a nation's money and I care not who makes the laws." (M.A. Rothschild) Greed wins. America and the world lose. Central banks and fiat money destroy nations, lives.  -- Keith, Atlanta      1
I believe that Jefferson saw into the deepest darkest heart of men an in that black spot he saw a banker. Money is truly the root of all evil and has no place at the center of our government. History has proven Jefferson right a thousand times over and now we are left with a federal reserve who rivals and surpasses all other criminal organizations on earth. The fed is the maker of wars and destroyers of countries who will now cow down to their power.  -- Robert, Charlotte      1
The Constitution and the Drafters were indeed most insightful and constructed the document with much thought and consideration of the future. Too bad the Obama Administration holds it in such disdain and is on a fascist course to destroy our freedom and liberty.  -- Ken, Spokane      1
My favorite founding father! How I wish we could have political thinkers like this today!  -- Jb, Saint joseph      1
We should read this to the current Congress and President Obama!  -- Tom, Jacksonville FL      1
I don't understand this quote. Can someone help me?  -- Anonymous, KS
Opportunity knocks, WWG1WGA MAGA to KAG  -- Ronw13, OR

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