Quote:
Originally Posted by Snake Doctor
How is that any different from the people that have been running the banks up until now?
Other than the fact that the people the govt would appoint to run it won't walk away with 100M+ bonuses or golden parachutes when they're done?
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It isn't, but the government has legislation to back it up and if they decide to do something you can't do anything about. I can think of one potential risk of nationalizing the banks under the government and it would be that much easier to force their way with moving the NAU along or even totally demolishing the dollar and replacing it with something else.
It is bad enough the way it is with our central banking system... I have quoted him once and will do so again:
"The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered."
~ Thomas Jefferson ~
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"The towers are gone now, reduced to bloody rubble, along with all hopes for Peace in Our Time, in the United States or any other country. Make no mistake about it: We are At War now -- with somebody -- and we will stay At War with that mysterious Enemy for the rest of our lives." H.S.T. 09/12/01