Tuesday, May 22, 2012
Dave Lippman: 'Bank The Knife'
Rather than embed this YouTube, I'm going to send you to the original. The song is fairly long, and YouTube also displays full lyrics, which you may need. Don't take my word for it; see for yourself... Dave doesn't let the banksters off lightly. Here's the video. Enjoy, if that's the right word.
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"I believe that banking institutions are more dangerous to our liberties than standing armies. 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 [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
ReplyDeleteThomas Jefferson
What -perhaps- most people don't know is that the Federal Reserve is NOT a government agency. They disseminate money into the economy and charge the taxpayers interest every time a dollar is printed. There is no reason, whatsoever, that you shouldn't be printing debt free money. You did this in the colonies (in the early days of your country) and Abraham Lincoln did it during the Civil War (a reason that some people think he was assassinated).
ReplyDeleteSnopes says that is not a true Jefferson quote:
ReplyDelete==========
Although Jefferson certainly expressed disdain and mistrust of banking institutions and paper currency on many occasions, this particular quotation bears all the hallmarks of being a retroquote — "words placed posthumously in the mouth of a well-known dead person":
• No documentation ties it to its putative originator.
• Its earliest known reference did not appear until long after the death of its supposed originator.
• Multiple sources are claimed for its origins.
• Contextual information indicates the words are of more recent origin than claimed.
According to the Jefferson Encyclopedia, the earliest printed reference to this quotation found so far appeared in a 1937 Congressional subcommittee report, which means there is no known record of these words having been attached to Jefferson's name until well more than a century after his death (1826). ...
==========
Enfant, I've read a lot of Jefferson's works, and I knew the moment I read that "quotation", by style alone, that the words were not Jefferson's... whether or not he agreed with those sentiments. My personal rule is always to check snopes.com on anything even remotely doubtful.
Enfant, I am sorry to disagree with you twice in a row, but the Federal Reserve is, most emphatically, a creation of America's federal government. It is the government bank that manages the dollar (USD), not entirely unlike the ECB in the eurozone. The Fed has a number of other functions and roles. As is so often the case, Wikipedia has a good summary of its functions.
ReplyDeleteIf you want to attempt printing US currency of your own, I shall do my best to visit you in the federal... penitentiary. :-)
Steve,
ReplyDeleteHow could I disagree?
You seem much better informed than myself!
Nevertheless:
"The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry" by William K. Black
http://www.amazon.com/The-Best-Way-Rob-Bank/dp/0292706383.
There, you can find: "As Thomas Jefferson once said, "Banking Establishments Are More Dangerous Than Standing Armies."
That quote is apparently real. Here is the text of a letter from Jefferson to John Taylor; as it is on the Library of Congress site, the Library probably holds the original of the letter.
ReplyDeleteI am in no way arguing with you that Jefferson saw some of the potential abuses of power by banks; clearly he did. I'm only being picky about quotations with no demonstrable source. :-)
Steve,
ReplyDeleteI failed to find the text (ERROR: Failed to open configuration file /prd/cfg/.cfg)
In any case, I raise the white flag!
The best way to rob a bank is to create one in the Cayman Islands. LOL
ReplyDeleteEnfant, remember, "The fox knows many tricks; the hedgehog knows one really good trick." I am a hedgehog, and my good trick is effective Web use. :-)
ReplyDeletekarmanot, that should work! :-)
ReplyDelete