A Jeffersonian Statement

Thomas Jefferson wished to be remembered for three achievements in his public life. On his tombstone, it reads that Thomas Jefferson was "author of the Declaration of American Independence, of the Statute of Virginia for religious freedom, and Father of the University of Virginia" and, as he requested, "not a word more." Historians might want to add other accomplishments--for example, his distinction as an architect, naturalist, and linguist--but in the main they would concur with his own assessment.

In 1802, during the years of his presidency, he made the following statement which shows his ability to envision future.

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."

This is more or less the exact situation that America is subjected to now.