We've still got a LOT of restructuring to do, and I predict
that we will have to default on our debts before this is all over.
If the American people ever allow private banks to
control the issue of their currency, first by inflation, then by deflation, the
banks and corporations that will grow up around them will deprive the people of
all property until their children wake up homeless on the continent their
Fathers conquered...I believe that banking institutions are more dangerous to
our liberties than standing armies... The issuing power should be taken from
the banks and restored to the people, to whom it properly belongs.
-Thomas Jefferson
[There is controversy regarding the authenticity of this
Jeffersonian quotation, but I believe it accurately describes our current
situation.]
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