For Everyone Who Wants HR 1207 to Happen, A Must Read By Edwin Vieira.

Edwin Vieira is a Constitutional lawyer that supports Ron Paul.

This is from his article Smashing the Axis of Financial Fraud

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Even earlier, Thomas Jefferson had predicted the reason for such a sorry state of affairs:

From the conclusion of the [W]ar [of Independence] we shall be going down hill. It will not then be necessary to resort every moment to the people for support. They will be forgotten, therefore, and their rights disregarded. They will forget themselves, but in the sole faculty of making money, and will never think of uniting to effect a due respect for their rights.[2]

Jefferson was all too prescient. Ever since his day, the political class has looked elsewhere than to the American people for support—and always found it from the financial class.

The financial class has arrayed itself on the side of the political class, and the political class has arrayed itself on the side of the financial class—not just in an incestuous coupling, but in the veritable fusion of a political-cum-financial hermaphrodite: the full integration and consolidation of bank and state.

This unholy alliance has always centered around a mechanism by means of which the financial class can create ersatz “money” out of nothing tangible—through a monopolistic national bank (the First and Second Banks of the United States), then a national banking conglomerate (the National Banks of the Civil War), and finally a fully corporative-state banking apparatus (the modern Federal Reserve System), all operating on the basis of “reserves” so increasingly fractional that they have now become essentially fictional. Through the General Government, the political class has guaranteed the continuance of this scheme, in one form or another, for more than two hundred years.
By so doing, the political class has always been able to count on the support of the financial class—but only at the cost of enabling the financial class to exercise exorbitant influence over the General Government, and through the General Government over the American people themselves.

The true name of this system is financial fascism......much more at link:

Source: News With Views