Thomas Jefferson said banks were more dangerous to America than armies, did he have today in mind?

Daniel Dawning: Thomas Jefferson said banks were more dangerous to America than armies, did he have today in mind?
Banks are making tons of money, partly because they took money from my tax paying pocket.
The “stock market” is going up! But, unemployment continues to rise, and pay for those of us working keeps going down. So, fewer of us are working… we’re making less… but our productivity (how hard we work) is going up… and the stock market goes up?

Answers and Views:

Answer by SomeGuy
He was worried that banks and corporations would take over the country.
He was right…today, you can’t do anything without permission from them.

Answer by Uncle Joe Stalin
I thought it was central banks and standing armies.

Answer by Mr. 2 Percent
pretty much….we are slaves to the banks.

The Federal Reserve tells us they need 700 Billion or the economy will collapse and we give it to them, no questions.

Answer by Mr.
Yea, but Jefferson lived in a time when bankers were the most greedy and immoral people in America…. oh wait.. I guess not much has changed in 200 years…

Answer by Rascal1973
he was right capitalist monetary schemes and banks are bringing this country down

Answer by Greg
your definition of productivity is a little off. The “we” is shifting to overseas offices. Companies can pay foreign workers a fraction of the cost to hire an American, thus costs are low and profit margins are high for the companies and counterintuitively, unemployment in America rises.

Answer by Holy Cow!
I’m sure banks have changed since his time.

Answer by Greg
Jefferson Established the Bank of the United States to finance the Louisanna Purchase.

He, however, lost all of his fortune speculating in the stock market when the “South Seas” bubble collapsed.

He had to sell his slaves and everything. He sold his library to Congress (those who felt sorry for him established the Library of Congress and bought all of his books).

He didn’t sell Sally Hemmings though.

Answer by truth-search
Jefferson could not have imagined a president, race excluded, that would have done as much as Obama in 11 months to destroy the US economy

Answer by treebard
Jesus flipped over the bankers tables in the temples in apparently his only sin. Andrew Jackson eliminated all loans the government had to bankers calling them “a pit of vipers”. Since Reagan the best way to rob a bank is to own one. You youngsters don’t remember the 500 billion dollar bailout in the 80’s and how can we pay 100,000 interest for a 100,000 house loan? Does it really cost that much to manage a loan portfolio for thirty years? We are being robbed by the bankers and everyone just mumbles “‘cant do nuthin about it” How can teabaggers complain about the government? We get highways and benefits to make society fair, bankers are clobbering people and republican apologists have tantrums about government because they don’t have the red rubber balls to stand up to bankers as with religion that is weak kneed and fearful of bankers even though they are committing the sin of usury. Why not have a competitive bank that makes a loan once for 10%? I could pay back a 100,000 house loan for 110,000 instead of 200,000. That is the difference of paying 600 monthly compared to 1,000. Bang, instant stimulus—-bankers are the true evil in the world