Overflight, 52
Democracy so far has but seized the shadow and has yet to grasp the substance of sovereignty or be discredited for all time. Its first step must be to end the conspiracy of silence in its organs of publicity and instruction concerning the one prerogative of government which underlies and controls all effective political action, and to insist upon its monetary system being as public and open to criticism and conscious alteration as its political system.
The failure of the nations to use to the full, for the enrichment of life, the ample powers conferred upon them by the progress of scientific and technical knowledge is traced primarily to the private issue of money and the mistaken principles which govern it. …
That is the only real issue – Are people artificially to be kept poor by the money system or allowed naturally to prosper?”
Frederick Soddy, Wealth, Virtual Wealth, and Debt. The Solution of the Economic Paradox
“… people lose homes. People lose jobs. People lose retirement savings, people lose pensions. … every 1% unemployment goes up, 40,000 people die, did you know that?” “Subprime default was once again not just burned wealth and ruin, no. That was just one side of the medal and was just for some. It was actually a wealth TRANSFER.”
book/film The Big Short: Inside the Doomsday Machine/The Big Short, paraphrased, or from en.wikiquote.org
“The following quotation was reprinted in the Idaho Leader, USA, 26 August 1924, and has been read into Hansard twice: by John Evans MP, in 1926, and by M.D. Cowan M.P., in the Session of 1930−1931.
In 1891 a confidential circular was sent to American bankers and their agents, containing the following statements:
‘We authorise our loan agents in the western States to loan our funds on real estate, to fall due on September 1st 1894, and at no time thereafter.
On September 1, 1894, we will not renew our loans under any consideration.
On September 1st we will demand our money — we will foreclose and become mortgagees in possession.
We can take two−thirds of the farms west of the Mississippi and thousands of them east of the great Mississippi as well, at our own price.
We may as well own three−fourths of the farms of the west and the money of the country.
Then the farmers will become tenants, as in England.’”
Len Clampett, Hand Over Our Loot, No. 2, as found at freedom−school.com