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 c...redit
is concentrated. The growth of the nation, therefore, and all our
activities are in the hands of a few men..... More to come...TB
"If the
American people ever allow private banks to control the issue of their
currency, first by inflation, then by deflation, the banks....will
deprive the people of all property until their children wakeup homeless
on the continent their fath...ers
conquered....The issuing power should be taken from the banks and
restored to the people, to whom it properly belongs." Thomas Jefferson