Wall Street, Corporations & Banks – historical quotes about the Plutocracy

These quotes require no comment.

I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.” : ~Thomas Jefferson

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Wall Street owns the country. Our laws are the output of a system which clothes rascals in robes and honesty in rags. The parties lie to us, and the political speakers mislead us.” ~Mary Elizabeth Lease, 1890

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“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands, and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of war. God grant that my suspicions may prove groundless.”
~President Abraham Lincoln 1864

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“The money powers prey upon the nation in times of peace and conspire against it in times of adversity. The banking powers are more despotic than a monarchy, more insolent than autocracy, more selfish than bureaucracy. They denounce as public enemies all who question their methods or throw light upon their crimes. I have two great enemies, the Southern Army in front of me and the bankers in the rear. Of the two, the one at my rear is my greatest foe.”
~President Abraham Lincoln

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“The real truth of the matter is, as you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson.
-~U.S. President Franklin D. Roosevelt in a letter written Nov. 21, 1933

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“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
~Henry Ford

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We had to struggle with the old enemies of peace–business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering.~FDR

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“There is…an artificial aristocracy founded on wealth and birth, without either virtue or talents…. The artificial aristocracy is a mischievous ingredient in government, and provisions should be made to prevent its ascendancy.” ~Thomas Jefferson

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We’re not a democracy. It’s a terrible misunderstanding and a slander to the idea of democracy to call us that. In reality, we’re a plutocracy: a government by the wealthy.” ~ Ramsey Clark, former U.S. Attorney General

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“And the banks — hard to believe in a time when we’re facing a banking crisis that many of the banks created — are still the most powerful lobby on Capitol Hill. And they frankly own the place.” – Sen. Dick Durbin (D-Ill.)

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“Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy” ~John Pierpont Morgan

2 Comments (+add yours?)

  1. Trackback: The Daily Climb « georgesblogforum
  2. Trackback: The Daily Climb-Sunday, Dec. 18th, 2011 | The Daily Climb-Daily Posting Of Relevant Content

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