"I 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."
[John William Wright Patman] (1893-1976) US Congressman (TX-D)
Congressman Patman was chairman of the House of Representatives Committee on Banking and Currency for 40 years; for 20 of those years he introduced legislation to repeal the Federal Reserve Banking Act of 1913.
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