Banks more dangerous than standing armies – Jefferson


John Kennedy once said to a assembled group of scholars in the White House

“I think this is the most extraordinary collection of talent, of human knowledge,

 that has ever been gathered at the White House – with the possible exception of

 when Thomas Jefferson dined alone.”


 The quotes below could prove his point


 When we get piled upon one another in  large cities, as in Europe , we shall

 become as corrupt as Europe .


  The democracy will cease to exist when you take away from those who are willing to

 work and give to those who would not.


  It is incumbent on every generation to pay its own debts as it goes. A principle

 which if acted on would save one-half the wars of the world.


  I predict future happiness for Americans if they can prevent the government from

 wasting the labors of the people under the pretense of taking care of them.


  My reading of history convinces me that most bad government results from too much



  No free man shall ever be debarred the use of arms.


  The strongest reason for the people to retain the right to keep and bear arms is,

 as a last resort, to protect themselves against tyranny in government.


   The tree of liberty must be refreshed from time to time with the blood of patriots

 and tyrants.



   ‘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 last one is quite important in light of the present financial crisis,


Thomas Jefferson, 1802:

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