On Consolidation & Corporatism
" I hope we shall crush in its birth the aristocracy of our moneyed corporations
which dare already to challenge our government
to a trial of strength and bid defiance to the laws of our country. "
Thomas Jefferson
3rd US president 1801-1809
which dare already to challenge our government
to a trial of strength and bid defiance to the laws of our country. "
Thomas Jefferson
3rd US president 1801-1809
“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 will deprive the people of all property
until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Thomas Jefferson 3rd president of US (1743 - 1826)
Letter to the Secretary of the Treasury Albert Gallatin (1802)
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 will deprive the people of all property
until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Thomas Jefferson 3rd president of US (1743 - 1826)
Letter to the Secretary of the Treasury Albert Gallatin (1802)