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View Full Version : Federal Reserve Stress Tests Make Us All Muppets



spursncowboys
03-19-2012, 10:55 PM
http://www.bloomberg.com/news/2012-03-18/federal-reserve-stress-tests-make-us-all-muppets.html

"I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance. The
issuing power (of money) should be taken away from the banks and restored to the people to
whom it properly belongs." — Thomas Jefferson, U.S. President.

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison

DMX7
03-19-2012, 11:16 PM
I think they were talking about the authority to actually print and issue money, not just loan it.

The U.S. Treasury, of course, now does the former.