From: News with Views
While there are many examples of treachery in human history: those against innocent people, against those who invented something that the more powerful interests did not want to compete with, those against rulers by those who wanted their kingdom, and those against government so they could distort a country’s monetary system for their own financial gain and empowerment. In light of the expanding and evolving global financial crisis, this is where we find ourselves. In reality, we are seeing the global empowerment of a central banking system which is now global. They are now creating the conditions to give them the rest of the regulatory powers they still lack.
If one looks at the financial history of America, they will see from the beginning there was a political and financial tug of war over whether a private corporation, like the Bank of England, would control our monetary system. Alexander Hamilton favored the aristocratic tradition of central banking versus that of Thomas Jefferson who was for limited government that controlled our monetary system.