100 years ago:Why Bankers Created the Fed
Posted by richrobinson 11 years, 4 months ago to History
"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, after signing the Federal Reserve into existence
"I have been asked as to why I chose to present a philosophy of ethics in fiction form. I am interested in philosophical principles only as they affect the actual existence of men; and in men, only as they reflect philosophical principles. An abstract theory that has no relation to reality is worse than nonsense; and men who act without relation to principles are less than animals. Those who say that theory and practice are two unrelated realms are fools in one and scoundrels in the other. I wanted to present my abstract theory where it belongs - in concrete reality - in the actions of men."
Scroll down to the bottom of the article to get the more definitive conclusion. I wish he had said it. I wish he hadn't signed the bill.
http://www.amazon.com/American-Lion-Andr...
One of the things that stood out in this book is that Jackson was determined and had many victories with reducing the size of the Federal Government, but hit a wall with the Central Bank.
It's a good read for those interested in this subject and lays out the difficulty in these actions and the human side of a president quite well.
Good choices
Here's a video of the author laying out the premise of the book:
http://www.youtube.com/watch?v=lu_VqX6J9...
And here's a link to buy the book on Amazon:
http://amzn.to/19mr04L
If you're serious about becoming educated in the issues of national finance and commerce, you should definitely get this book.
http://amzn.to/19mr04L
Brilliant financier Daniel Durand builds a Wall Street empire during the Industrial Revolution. He acquires a glittering fortune, but also a long list of powerful enemies, including the father of his beautiful, strong-willed wife. The Winfields, a secretive, ruthless dynasty, vow to destroy him and covertly enlist his oldest son. They uncover a secret from his Civil War past that he thought was buried in a Mississippi swamp, a secret that could send him to the gallows. He plots a revenge that threatens his marriage—an attempt to ruin his son’s career in politics—but finds the tables turned humiliatingly against him. Ignoring public opinion, the support of the financial and political elite, and a mysterious warning, he testifies against a law that replaces gold with paper promises and imperils the nation’s hard-earned wealth. His family suffers ruthless retribution and tragic loss, but finds redemption and reconciliation.
The link to Amazon book page:
http://www.amazon.com/The-Golden-Pinnacl...
The link to Kindle:
http://www.amazon.com/The-Golden-Pinnacl...
consider a post just on the novel-tell us all what it's about and an amazon link.
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