Against Usury

December 28, 2008

Some quotes against Usury and a reading by Ezra Pound on Usury from his Cantos:

Napoleon Bonaparte

“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”

Niccolo Machiavelli

“For the great majority of mankind are satisfied with appearances as though they were realities, and are often more influenced by the things that seem than by those that are.”

President James Madison

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control of governments by controlling money and its issuance.”

President Abraham Lincoln

“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy.”

President James A Garfield

“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”

The Rt. Hon. Reginald McKenna – Chancellor of the Exchequer

“I am afraid that the ordinary citizen will not like to be told that the banks can, and do, create money. The amount of money in existence varies only with the action of the banks in increasing and decreasing deposits and bank purchases. Every loan, overdraft, or bank purchase creates a deposit and every repayment of a loan, overdraft or bank sale destroys a deposit. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.”

Sir Josiah Stamp – Bank of England

“Banking was conceived in inequity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the costs of your own salary, let them continue to create deposits.”

President Woodrow Wilson

“A great Industrial nation is controlled by its system of credit. Our system of credit is concentrated 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 world – no longer a government of free opinion, no longer a government by conviction and vote of majority, but a government by the opinion and duress of small groups of dominant men.

“I am a most unhappy man. I have unwittingly ruined my country.”

(President regretted signing into law the Federal Reserve Act)

Supreme Court Justice Felix Frankfurter

“The real rulers in Washington are invisible and exercise power from behind the scenes.”

Louis T. McFadden, Chairman of Banking & Currency Committee

In 1932:

“The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will …”

In 1933:

“Roosevelt has brought with him from Wall Street James P. Warburg, son of Paul M. Warburg, Organizer and first Chairman of the Board of the Federal Reserve System…”

In 1950:

“This same Warburg had the audacity and arrogance to proclaim before the U.S. Senate: ‘We shall have World Government whether or not we like it. The only question is whether World Government will be achieved by Conquest or Consent’.”

Senator Barry Goldwater

“Most Americans have no real understanding of the operation of the international money-lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States.”

Henry Ford

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

Benito Mussolini

“The Liberal State is a mask behind which there is no face; it is a scaffolding behind which there is no building… Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power.”

Adolf Hitler

“Gold is not neccesary. I have no interest in gold. We will build a solid state, without an ounce of gold behind it. Anyone who sells above the set prices, let him be marched off to a concentration camp.”

Joseph Stalin

“When we hang the capitalists they will sell us the rope”

Ezra Pound

“Responsible government must now destroy banker rule … or banker mismanagement of public credit will destroy responsible government and the civilization that brought it into being.”

And now the spoken word/poem of Ezra Pound, Canto XLV:

One Response to “Against Usury”

  1. euandus2 said

    I don’t think the reform being considered by Congress goes far enough because I don’t think they (and we) know the extent to which bankers will go to get their way. On suspicious practices at amcore bank in IL, I recommend the following:
    http://euandus3.wordpress.com/2009/11/05/advantage-banks/

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