• Welcome to our new home!

    Please share any thoughts or issues here.


Why are banks even involved with government?

rp4prez

Member
Joined
Jun 7, 2007
Messages
889
I'm curious to know what the reasoning is behind this relationship between the government and banks are so highly coupled together. I don't see any other market that the government is so deeply involved with. Just seems to me that the government should never be in the banking business just like it's not in many other business. I guess why is it so prevalent throughout history banks are so intertwined with government?
 
Because the banks need coercion to take all of our money, and the government needs money to take all of our freedom.
 
It's that same BIG SUCKING SOUND that you hear when you think about religions being involved with government.
 
SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain)

"Banking was conceived in iniquity, 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 cost of your own slavery, let them continue to create deposits."
 
SIR JOSIAH STAMP, (President of the Bank of England in the 1920's, the second richest man in Britain)

"Banking was conceived in iniquity, 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 cost of your own slavery, let them continue to create deposits."

Sadly, even in the age of the internet, so few people really understand that it truly is "the people vs the banks" and has been for hundreds if not thousands of years. Until the banking cartels of the world are outlawed and banished from this earth, we will never have freedom.

"All the perplexities, confusion and distress in America
arise not from defects in their Constitution or Confederation,
nor from want of honor or virtue, so much as downright ignorance
of the nature of coin, credit, and circulation." -John Adams
 
Banks have a lot of money. I think it's a good way for both the government and the banks to control the wealth of the country as well as the monetary system.
 
There is nothing that a bank should be allowed to do that an individual cannot, IMO.
 
Banks have a lot of money. I think it's a good way for both the government and the banks to control the wealth of the country as well as the monetary system.

Why do you want banks and governments controlling the wealth of individuals?
 
Since Lincoln passed the National Banking Act and created the federal charter, it has been a DC thing.

The financial industry is probably the most heavily regulated of any industry in the US. The justification is that the government offers deposit insurance.
 
Sadly, even in the age of the internet, so few people really understand that it truly is "the people vs the banks" and has been for hundreds if not thousands of years. Until the banking cartels of the world are outlawed and banished from this earth, we will never have freedom.

"All the perplexities, confusion and distress in America
arise not from defects in their Constitution or Confederation,
nor from want of honor or virtue, so much as downright ignorance
of the nature of coin, credit, and circulation." -John Adams

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." -- Lord Acton

;)
 
Since Lincoln passed the National Banking Act and created the federal charter, it has been a DC thing.

The financial industry is probably the most heavily regulated of any industry in the US. The justification is that the government offers deposit insurance.

I think Hamilton started this trend. He and Lincoln both deserved their fates. ;):D
 
I always liked McFadden's quotes on the Fed.

He always sounded pissed off.

"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen.
There is not a man within the sound of my voice who does not know that this nation is run by the
International bankers -- Congressman Louis T. McFadden (Rep. Pa)
 
Back
Top