Comments on: Statesman or prophet? http://spiritblooms.gaiastream.com/2007/12/11/thomas-jefferson-quote/ From here on Earth, the sky is up. Wed, 15 Jul 2009 16:22:44 -0400 hourly 1 By: Ken http://spiritblooms.gaiastream.com/2007/12/11/thomas-jefferson-quote/comment-page-1/#comment-2248 Ken Thu, 13 Dec 2007 00:58:03 +0000 http://spiritblooms.gaiastream.com/2007/12/11/thomas-jefferson-quote/#comment-2248 Well, so much for that revolutionary idea. Ever since 1913 or thereabouts, private bankers in the U.S. gained the upper hand through the Federal Reserve: it's a consortium of private bankers. The Executive Branch appoints the Board of Governors, giving more power to the Executive versus Congress who constitutionally had the sole ability to "coin" money, once again altering the balance of power between branches of the government. The Fed even has a ".gov" Internet address, and it's not even a government institution, but they want people to think it is! Years of special interests have parsed the meaning of Section 8, "To coin Money, regulate the Value thereof..." well beyond their original intent and plain meaning, though the Supreme Court is said to get the last word on all interpretations. There's a reasonably good Google video titled <a href="http://video.google.com/videoplay?docid=-9050474362583451279" rel="nofollow">Money as Debt</a>, if you haven't seen it, it's a revealing look at how our usurious fractional reserve banking system actually works. It's quite sad. Well, so much for that revolutionary idea. Ever since 1913 or thereabouts, private bankers in the U.S. gained the upper hand through the Federal Reserve: it’s a consortium of private bankers. The Executive Branch appoints the Board of Governors, giving more power to the Executive versus Congress who constitutionally had the sole ability to “coin” money, once again altering the balance of power between branches of the government. The Fed even has a “.gov” Internet address, and it’s not even a government institution, but they want people to think it is! Years of special interests have parsed the meaning of Section 8, “To coin Money, regulate the Value thereof…” well beyond their original intent and plain meaning, though the Supreme Court is said to get the last word on all interpretations.

There’s a reasonably good Google video titled Money as Debt, if you haven’t seen it, it’s a revealing look at how our usurious fractional reserve banking system actually works.

It’s quite sad.

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