“The system of banking [is] a blot left in all our Constitutions, which, if not covered, will end in their destruction… I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity… is but swindling futurity on a large scale.”
– Thomas Jefferson
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”
– Thomas Jefferson
“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.”
– Sir Josiah Stamp, Director of the Bank of England (appointed 1928) and reputed to be the 2nd wealthiest man in England at that time
“It [the depression] was not accidental. It was a carefully contrived occurrence worked out as one works out a mathematical equation. The international bankers sought to bring about a condition of despair here so that they might emerge as the rulers of us all.”
– Louis McFadden
“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.”
– Andrew Jackson
– Italy’s Pitchfork Movement Slammed For “Delirious” Nazi-Like Comments (ZeroHedge, Jan 2, 2014):
Italy’s anti-austerity Pitchfork movement, who described Italy as being “enslaved by wealthy Jewish bankers,” has come under fire for “shamelessly recall[ing] a historical period characterised by death, violence and denial of the most elementary rights.” The nation’s Jewish community, writing in La Repubblica, said the Pitchfork leader’s remarks demonstrate a “deeper sense of discomfort” fuelled by “the most violent and grimmest anti-Semitic stereotypes”. Despite Italian stock and bond markets surging to multi-year highs, IB Times notes that mass demonstrations continue to rile the company’s economy as Pitchfork followers demand the total removal of the ruling political class.
Italy’s Jewish communities have hit back at the spokesman of the anti-austerity Pitchfork movement, who described Italy as being “enslaved by wealthy Jewish bankers”.
The Pitchfork protestors’ spokesman, Andrea Zunino, who made the anti-Semitic comments, represents thousands of demonstrators who took to the streets in towns and cities across Italy to voice anger at austerity measures.
Renzo Gattegna, representing the Jewish community, said the words were “delirious”.
“[Those words] shamelessly recall a historical period characterised by death, violence and denial of the most elementary rights,” he told daily La Repubblica.
Conspiracy theories regarding Jews and banking were popular during the rise of National Socialism and the Nazis.
Earlier, Zunino had claimed: “We want government resignation. We want sovereignty over Italy which is now the slave of bankers, like the Rothschild: it is odd that five or six among the world’s richest people are Jews.”
The Pitchfork movement, which started with a loose group of Sicilian farmers concerned about rising taxes and cuts to agricultural state funds, has evolved into a nationwide umbrella grouping of truckers, small businessman, the unemployed, low-paid workers, rightwing extremists and football supporters.
Zunino cites Hungary’s controversial premier Viktor Orban, whose government has been accused of being weak in fighting rising anti-Semitism, as his role model.
But Gattegna said the Pitchfork leader’s remarks demonstrate a “deeper sense of discomfort” fuelled by “the most violent and grimmest anti-Semitic stereotypes”.
Thousands of Pitchfork demonstrators, riled by the country’s struggling economy, have demanded the total removal of the ruling political class, as well as calling for tax cuts, lowered fuel prices, and dumping the euro.
Mass demonstrations threw some Italian cities into chaos on Monday with police officers using teargas on protesters who had been throwing rocks and bottles at the headquarters of Italy’s tax collection agency.
Roadblocks, demonstrations and sit-ins continued from Milan to Bari in the south.
Shop-owners were reportedly threatened by demonstrators to either close their stores and join the protest, or face violence.
Of course, we have discussed the rise of social unrest and its linkages to austerity in the past but perhaps it is the huge gap between markets and high earner wealth and the struggling-with-record-unemployment working class that has fuelled the problems in Italy to this point.