Wednesday, December 30, 2009

New Year's Revolution

Pensacola lawyer Mike Papantonio in his regular PNJ column comes up today with a couple of timely quotes:
Thomas Jefferson said, "I believe that banking institutions are more dangerous to our liberties than standing armies." Sixty-three years later, Abraham Lincoln expanded that warning.

Here is what Lincoln said: "I have two great enemies, the Southern Army in front of me and the financial institution in the rear. Of the two, the one in the rear is the greatest enemy. "I feel at this moment more anxiety for the safety of my country than ever before in the midst of war."

Both Jefferson and Lincoln look like oracles today.

Both those presidents saw the same arrogance from bankers that President Obama saw three weeks ago when he suggested that the banking industry's caporegime should meet to discuss the conspiratorial-caliber conduct they have exhibited for decades.
Which inspires us to suggest that everyone should resolve to make this revolutionary move for the coming new year: Move Your Money.


Anonymous said...

yep check out our govment back fannie mae and freddie.

False reporting among other things
- subprime loans listed as prime

Today's Wall Street Journal
The Price for Fannie and Freddie Keeps Going Up

And yet we are supposed to be supportive of government in the health care business.

Republicans/Democrats etc. have screwed up everything they've touched .

One has to ask themselves what govment program has not been tainted, corrupted, and what program has been successful, any?

Sr. luba said...

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Funny sms said...

nice observation i like it very much thanks for sharing this with us.

ross said...

Practically everyone knows, except for Geithner, Summers, Dodd, Frank, and Obama, how the banking system has failed us and those who are responsible for fixing it haven't a clue.

But there is an answer for every state. Starting with Florida. And it has a history of working, as opposed to political spin. (Geithner: these MBS's are risk-less)

The history of success is in North Dakota. What? Yes, they have their own State bank. They happen to also be only one of two States that are not horribly in debt. They're both running a surplus. One because of oil revenue, and North Dakota because of operating their own bank.

I know, sounds socialist doesn't it. Read on, it isn't. It does more to empower the citizens than the bank, because the bank works for the citizens. Not Wall St.

Happy New Year and Khavari for Governor.