Jefferson on Banking

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, (i.e., the “business cycle”) the banks and corporations that will grow up around them will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.” –Thomas Jefferson President of the United States 1801-1809


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Say What?

A few years ago there was a television commercial in which a young man made a phone call to his mother. She complained that he never called and he responded, “But I am calling you!”

There’s just no pleasing some people.

To help to ease the sting of the mortgage crisis, Senator Obama introduced a plan to give tax relief to ten million homeowners who don’t itemize their taxes.

The McCain campaign said that the plan was essentially “welfare” because some of the homeowners that would be included are unemployed.

Although very few homeowners fell into that category, Obama addressed the issue by adding a work requirement for those who would receive the $500 credit.

The McCain campaign then criticized the plan for offering no help to the unemployed.

There’s just no pleasing some people.

The McCain criticism is off base anyway. Obama’s website lists several credible plans to create millions of new jobs and so decrease unemployment.