Monday, December 17, 2007

THE BANKERS' MANIFESTO OF 1934

"Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law, the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principle men now engaged in forming an IMPERIALISM of capital to govern the world. By dividing the people we can get them to expend their energies in fighting over questions of no importance to us except as teachers of the common herd. Thus by discrete action we can secure for ourselves what has been generally planned and successfully accomplished."

~From New American, February, 1934.

Ron Paul Smashes Record With $6 Million Plus Haul

Ron Paul has smashed the all-time record for political donations on one day, beating John Kerry's previous effort as he hauled in over $6 million dollars during a 24-hour period that coincided with the 234th anniversary of the Boston Tea Party. The true figure could even tally up to near $7 million once all donations have been fully processed.

Great Job Supporters !!!!!!!!!!!!!!!!!!!!!!!!!!

Money

"If all the bank loans were paid, no one would have a bank deposit, and there would not be a dollar of currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible - but there it is. It [the problem of money] is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and the defects remedied very soon."

Robert Hemphill, Former credit manager of the Federal Reserve Bank of Atlanta