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<p>[QUOTE="cmbdii, post: 4966, member: 655"]No, Jackson didn't attack the old banking system. He opposed the establishment of a national bank on the grounds that it was unconstitutional, which it is. The Federal reserve act is also unconstitutional and has brought us to the brink of ruin. We had a president, Woodrow Wilson, who signed the act saying "I have just ruined my country". How he realized that and still signed it is a puzzle. </p><p><br /></p><p> There is a wealth of information of the fed available online. Start with "The Creature From Jekyll Island". Do a google search for it. It's interesting reading and can give you a much more accurate view of what our money really is these days and how it got that way.</p><p><br /></p><p> It's hard for me to understand how anyone can know that our coins were once gold and silver and still think that money doesn't have to have intrinsic value to last as a medium of exchange. Every fiat currency ever established has ended up being worthless. There are no exceptions.</p><p><br /></p><p> Ours is rapidly approaching the end of its run.[/QUOTE]</p><p><br /></p>
[QUOTE="cmbdii, post: 4966, member: 655"]No, Jackson didn't attack the old banking system. He opposed the establishment of a national bank on the grounds that it was unconstitutional, which it is. The Federal reserve act is also unconstitutional and has brought us to the brink of ruin. We had a president, Woodrow Wilson, who signed the act saying "I have just ruined my country". How he realized that and still signed it is a puzzle. There is a wealth of information of the fed available online. Start with "The Creature From Jekyll Island". Do a google search for it. It's interesting reading and can give you a much more accurate view of what our money really is these days and how it got that way. It's hard for me to understand how anyone can know that our coins were once gold and silver and still think that money doesn't have to have intrinsic value to last as a medium of exchange. Every fiat currency ever established has ended up being worthless. There are no exceptions. Ours is rapidly approaching the end of its run.[/QUOTE]
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