Theft of the system

To the Valley News:

“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.”

People should read some history and learn what has happened because of Wall Street and the banking industry. Thomas Jefferson warned us in 1802.

Franklin Delano Roosevelt enacted the Glass-Steagall act in 1933 that kept the Banks and lending institutions in check until 1999 when Gramm-Leach-Bliley, all Republicans with the help of Bill Clinton signed a bill that led to the wholesale theft of our monetary system.

Joe DeMarco


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