Interesting Woodrow Wilson Quote...

[HuntingEd]

A quote from probably the most socialist president we've ever had. An this was in the early 1900's regarding the Federal Reserve Act....

"I am a most unhappy man. I have unwittingly ruined my country.
A great industrial nation is controlled by its system of credit.
Our system of credit is concentrated. The growth of the nation,
therefore, and all our activities are in the hands of a few men.
We have come to be one of the worst ruled, one of the most completely
controlled and dominated governments in the civilized world.
No longer a government by free opinion, no longer a government by
conviction and the vote of the majority, but a government by
the opinion and duress of a small group of dominant men."

The Indymac Story got me on a soap box I guess..

[Aught Six]

When it comes to socialism, FDR beats ol' Woody hands down. Regarding the quote, sounds like the same kind of thing we've heard about every government since Rome was founded.

Personally, I think Wilson did much more damage to the country by hobbling business, nationalizing industry, taxing the crap out of Americans, ushering in Prohibition, and enacting countless other "progressive" policies he dreamed up.

[HuntingEd]

Unfortunately I agree, with you, and I think the worst is yet to come regarding the FED....

[RainmakerIII]

Here is a quote by Herbert Hoover: "No Public Man Can Be Just A Little Crooked"