28.1.08

Ron Paul e a "old wisdom" dos "founding fathers"

Rise of the Ron Paul Republicans

"In 1802, then-President Thomas Jefferson wrote the following in a letter to Secretary of the Treasury Albert Gallatin:

"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 money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."

[... "standing armies" e espalhados por todo o mundo e - monetary - "inflation" é o que mais têm, Jefferson conhecia a história de Roma...]

Thomas Jefferson's words are proving prophetic indeed. Today, the economic bubbles created by the Fed have resulted in massive foreclosures across the country while China and Saudi Arabia, sitting on trillion-dollar sovereign wealth funds, snap up major interests in marquee American companies. America, once the world's greatest creditor nation, is now its greatest debtor.Jefferson also stated in his letter to Secretary Gallatin that

"the issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Ron Paul, as well as the tens of thousands flocking to his campaign, is saying precisely the same thing: By legalizing competing currencies we can end the Federal Reserve's monopoly on our money supply and begin to restore value to the dollar."

2 comentários:

Miguel Madeira disse...

Quando o CN tiver disponibilidade (e disposição, claro) gostaria de conhecer a sua opinião sobre o post que escrevi há alguns dias sobre os bancos.

CN disse...

sim, miguel, eu reparei...está combinado...tenho isso no meu "to do list" :)