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Debates Forum

Debates Forum

  1. 21 May '10 16:51
    http://www.telegraph.co.uk/finance/financetopics/financialcrisis/7746915/Perfect-storm-as-market-tremors-hit-China-Europe-and-the-US.html

    Comments

    Zec
    on May 21, 2010
    at 12:59 PM

    “Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the Bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst yourselves, and when you lost, you charged it to the Bank… Beyond question this great and powerful institution has been actively engaged in attempting to influence the elections of the public officers by means of its money…

    You tell me that if I take the deposits from the Bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin. Should I let you go on, you will ruin fifty thousand families, and that would be my sin. You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, I will rout you out.”

    Andrew Jackson,Us President on The Second Bank of the United States which was the Central Bank of his day.