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Feb 14, 2009

Jefferson on 'swindling futurity'

"I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale."

Thomas Jefferson 1743-1826 Third President of the USA

"It is no accident that banks resemble temples, preferably Greek, and that the supplicants who come to perform the rites of deposit and withdrawal instinctively lower their voices into the registers of awe. Even the most junior tellers acquire within weeks of their employment the officiousness of hierophants tending an eternal flame.

I don't know how they become so quickly inducted into the presiding mysteries, or who instructs them in the finely articulated inflections of contempt for the laity, but somehow they learn to think of themselves as suppliers of the monetarized DNA that is the breath of life."

Lewis H. Lapham, 1935 American Essayist Editor

~:~

Ah yes, and the White House looks and acts like a Freemason's White Lodge, too, with the Capitol Building as temple. Mumbo jumbo in the cellar?

2 comments:

DD said...

Jefferson on swindling futurity:

When I think of banks the first two images that come to mind are Jesus facing off with money-handlers in their "temple" and the old company store — the concept being hire workers, pay them little, charge them a lot, knowing full well they will not be able to ever catch up.

So I don't think of banks as noble.
Since they changed the way money grows in savings accounts, their last hope for honor dulled.

Donna D

Jude Cowell said...

Not surprising that i think of exactly the same things, Donna.

And if i were a rich woman, i'd be concerned that a camel can pass through the eye of a needle more easily than a rich man/woman can enter the kingdom of God.

But some people only go for the temporal bird in the hand. Go figure! jude