Thomas Jefferson warned us about dereglation and those like Reagan and Bush and Gramm..!


	Thomas Jefferson warned us about dereglation and those like Reagan and Bush and Gramm..!

TJColatrella

12-22-2008 1:04 PM

220 views

tags:

thomas jefferson, banking, monetary policy, economics, savings, aig, deregulation, reagan, bush, phil gramm

TJColatrella says:

Go to the text site at the University of Virgina it's all there everything Jefferson said of banking and monetary policy, economy, everything well worth bookmarking..

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/8503ae26-6f72-478e-aa8e-0006c238bf70/AFC1E89E-3C23-4D16-ABDA-38D93B132C0C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://etext.virginia.edu/jefferson/quotations/jeff1325.htm" href="http://etext.virginia.edu/jefferson/quotations/jeff1325.htm" style="font-size: 11px;">etext.virginia.edu</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://etext.virginia.edu/jefferson/quotations/jeff1325.htm"><P>
"I sincerely believe... that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816.  ME 15:23
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"The banks... have the regulation of the safety-valves of our fortunes, and... condense and explode them at their will." --Thomas Jefferson to John Adams, 1819.  ME 15:224
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