Thursday 6 October 2011

Economic Collapse Inevitable?

Corporate greed has been unchecked for too long. Many economists are now warning of a total meltdown in the global economy. Perhaps we should have listened to Thomas Jefferson long ago when he talked about the potentially negative role that the financial institutions would play in the future of America if they were allowed to control the issuing of currency.

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (these banks) will deprive the people of all property until their children wake-up homeless on the continent of their fathers conquered. The issuing power (of currency) should be taken from the banks and restored to the people, to whom it properly belong.”  Thomas Jefferson 3rd President of the United States. 

Extracted from FUTUREdition Volume 14, Number 18
The Future [TheFuture@FUTUREdition.org]
Am I worried?  You bet! It wont be the big Corporations or the Bankers that suffer, probably not the Politicians either, it will be you and me, our friends and family, our neighbours and our communities. Brace yourselves.
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