Why Do We Need
?
?
I am a most unhappy man. I have unwittingly ruined my country. A
great industrial nation is controlled by its system of credit. Our
system of credit is concentrated. The growth of the nation,
therefore, and all our activities are in the hands of a few men. We
have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the civilized world. No
longer a government by free opinion, no longer a government by
conviction and the vote of the majority, but a government by the
opinion and duress of a small group of dominant men.
~ Woodrow Wilson
28th President of the United States, 1913-1921
6 years after passing the Federal Reserve Act of 1913
28th President of the United States, 1913-1921
6 years after passing the Federal Reserve Act of 1913
The real truth of the matter is, as you and I know, that a financial
element in the large centers has owned the government of the U.S.
since the days of Andrew Jackson.
~ Franklin D. Roosevelt
32nd President of the United States
in a letter written on Nov. 21, 1933 to Colonel E. Mandell House
32nd President of the United States
in a letter written on Nov. 21, 1933 to Colonel E. Mandell House
It [the depression] was not accidental. It was a carefully contrived
occurrence…. The international bankers sought to bring about a
condition of despair here so that they might emerge as the rulers of
us all.
~ Congressman Louis T. McFadden,
Assassinated in 1936
Chairman of the House Banking and Currency Committee
Assassinated in 1936
Chairman of the House Banking and Currency Committee
Each and every time a bank makes a loan, new bank credit is created
- new deposits - brand new money.
~ Graham F. Towers
Gov of the Central Bank of Canada, 1934-55
Gov of the Central Bank of Canada, 1934-55