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Sharp Sticks: Those who are ignorant of history...

POSTED November 18, 2008 | 12:05 AM

Technorati Profile Examiner reader Steve Michael sent us this quote, a 206-year-old warning from the genius who helped devise our limited, constitutional government:

“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.”

--Thomas Jefferson, 1802

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