23 October 2014

Quote of the Season:

In 1913, President Woodrow Wilson approved the Federal Reserve Act. A few years later, he reflected:

"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."


armedlaughing said...

So, the controlling, racist, Progressive bastard had second thoughts about one action?
Who new?


Rev. Paul said...

Guffaw - I suspect he was more concerned about posterity than prosperity.