December 11, 2008

In 1802 Thomas Jefferson said, "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.''

In today’s economic mess the press, along with both political parties, would repudiate him as a disgruntled social misfit, incapable of holding political office and hell bent on destroying the institutions of our so-called "representative'' Republic.

In response Jefferson would repeat what he once wrote in a letter to William Stephens Smith in 1787, ""The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.'