Help educate the Yahoo Masses with your answer
Please help educate the masses by answering the following open question on yahoo answers (http://answers.yahoo.com/question/index;_ylc=X3oDMTB1a2x0anY...) and here on this thread:
Was President Wilson right when he said I have unwittingly ruined my country?
A short history ~
"Let me issue and control a nation's money, and I care not who writes its laws" M.A.R.
It was Alexander Hamilton who lobbied for the first private Federal Bank, and in 1789 Congress chartered the bank.
Thomas Jefferson was adamantly opposed to the idea of a privately owned federal bank and said " I sincerely believe the banking institutions having the issuing power of money are more dangerous to liberty than standing armies".
In 1811, under President James Madison, Vice President George Clinton broke the tied vote in congress to cast the bankers out refusing to renew the charter for the bankers. Unfortunatly it was President Madison who proposed a second United States privately owned Central bank and it came into existence in 1816.
However, in 1836 President Jackson, overriding Congress, closed it commenting, "The bold effort the present bank had made to control the government are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it." (we now have another one like it)
Andrew Jackson also said, when speaking to the bankers: "You are a den of vipers and thieves. I intend to rout you out, and by the eternal God I will rout you out." ~ When speaking to his closest friend, Martin Van Buren, Jackson said, "The bank, is trying to kill me, but I will kill it!" (and he did)
The first two Federal Reserve Systems lasted about 20 years each and we are now almost a hundred years into the third one.
The year is now 1913, the year after Woodrow Wilson was elected president of the United States. Prior to his election he needed financial support to pay for his campaign, so he reluctantly agreed, that if elected, he would sign the Federal Reserve Act, in return for that financial support.
In December 1913 while many members of Congress were home for Christmas, the Federal Reserve Act was rammed through Congress and was later signed by President Wilson. At a later date, Wilson admitted with remorse, when referring to the Fed. "I have unwittingly ruined my country".
How did we get the Income Tax? ~ We didn't have nor did we need an income tax until we got the bankers back. The income tax was only needed to pay interest to the bankers for our money that they loan to our government. Yes, you read that right, the Fed, mostly on paper and computer, creates money or pays the treasury a small printing fee for currency, and then loans this money to our government. Our taxes pay them interest on this loan that cost the FEDS virtually nothing to make, what a sweetheart of a deal they have going for them.
http://www.wtv-zone.com/Mary/BIGGESTSCAM…
UPDATE: Audit the Federal Reserve - Join Paul and DeMint - http://www.foxnews.com/politics/2009/06/…
Already, there are some well informed answers from people whom you may want to add to your contact list.
Here is my answer:
Yes, indeed, Wilson was correct in his remorse and here is how to resolve this ongoing problem: Level the playing field in primaries and general elections by (1.) requiring all political parties or individuals seeking ballot access to qualify with the same number of signatures in any individual state. (2.) Once qualified, mandate equal time/space for all candidates in all media venues (newspapers, magazines, TV, radio, internet). (3.) Once qualified, mandate debate access for those candidates. This will break the dem/rep monopoly, negate the power of the purse to drive election outcomes and thus control legislators by allowing the will of the people to be realized.
