Monday, September 29, 2008

Andrew Jackson on the Bank Bailout

"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. I intend to rout you out and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution BEFORE MORNING.”
—Andrew Jackson


Anonymous said...

deja vu!

Anonymous said...

definitely deja vu

was that written yesterday because it sure seems like it.

M. Alexander said...

Wow- well done.

Mary Bennett said...

There's nothing new under the sun. This proves it.