Happy 4th of July!

By | July 4, 2010

Financial Quotes from America’s Founding Fathers:

“Few men have virtue to withstand the highest bidder.”
— George Washington

“I hope I shall always possess firmness and virtue enough to maintain what I consider the most enviable of all titles, the character of an Honest Man.”
— George Washington

“A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned – this is the sum of good government.”
— Thomas Jefferson

“It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.”
— Thomas Jefferson

“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.”
— Thomas Jefferson

“A penny saved is a penny earned.”
— Benjamin Franklin

“An investment in knowledge always pays the best interest.”
— Benjamin Franklin

“Certainty? In this world nothing is certain but death and taxes.”
— Benjamin Franklin

“If you would know the value of money, go and try to borrow some.”
— Benjamin Franklin

“The use of money is all the advantage there is in having it.”
— Benjamin Franklin

“There is no kind of dishonesty into which otherwise good people more easily and frequently fall than that of defrauding the government.”
— Benjamin Franklin

“If Congress has the right [it doesn’t] to issue paper money [currency], it was given to them to be used by…[the government] and not to be delegated to individuals or corporations”
— President Andrew Jackson, Vetoed Bank Bill of 1836

“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 you, and when you lost, you charged it to the bank. 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.”
— Andrew Jackson

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it’s issuance.”
— James Madison

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