JFK Assassinated Because He Opposed the Fed?
by Thomas E. Woods, Jr.
by Thomas E. Woods, Jr.: Someday,
Conservatives Will Defend Obamacare
I run into
this claim quite a lot. A lot of the people advancing it are fans
of G. Edward Griffin, and this is why I find it so odd that this
theory has gained so much traction. Griffin discounts the theory
in his excellent book The
Creature from Jekyll Island. More on that in a minute.
to be a desire among some end-the-Fed people to believe that weve
had a few good presidents who have tried to stand up for the people
but were tragically stopped by the bankers. Thus we hear this fake
quotation, attributed to Woodrow Wilson, quite a bit: 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 first two
sentences of this quotation are entirely fabricated. The rest come
from a book Wilson published in 1913, before the Fed was even created.
Yet the quotation is routinely given as evidence that Wilson regretted
creating the Fed. He didnt. He was proud of it.
this Jefferson quotation that a lot of Greenbackers use: 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 them will deprive the
people of all property until their children wake up homeless on
the continent their Fathers conquered.
the rest of the article
E. Woods, Jr. [send him
mail; visit his
website], a senior fellow of the Ludwig von Mises Institute,
is the creator of Tom
Woods’s Liberty Classroom, a libertarian educational
resource. He is the author of eleven books, including the New
York Times bestsellers Meltdown
(on the financial crisis; read Ron Paul’s foreword)
Politically Incorrect Guide to American History, and most
© 2012 Thomas
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