Monday, January 28, 2013

Thomas Jefferson said this in 1802

"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."

Look at the shenanigans going on in the banking industry, with their huge bonuses, fat balance sheets, lack of loans for small business and their interest in foreign affairs. Old Tom hit the nail right on its ugly head. They got in trouble over greedy real estate loans and were bailed out because they were too big to fail. In their gluttony for TARP money, they totally ignored small business, the backbone of American commerce.

And therein lies the problem. Turbo Tax® Tim came from the IMF and the Fed system to be Treasury Secretary. Any surprise the banks got treated so nice? Big banks have for more than a hundred years been primarily interested in international affairs and specifically how they could position themselves to control the world's money with one currency. It took more than 200 years, but with the recent antics of the Federal Reserve, it may come to fruition soon.

Geithner was a CFR (Council on Foreign Relations) puppet who favors one-world currency. No telling what the new guy will do, but this old naval term sums it up best; "Stand by for a ram!"

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