:: Words of Thomas Edison ::

Quelle: michaeljournal.org

"It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay but one fattens the usurers and the other helps the people."

Why should the Government pay interest to a private banking system for the use of its own money, that it could issue itself without interest? This is exactly what the Social Crediters of the “Michael” Journal demand, when they urge the Federal Government to take back its power to issue the money for our country. Two famous Americans, industrialist Henry Ford (pioneer of the U.S. car industry) and inventor Thomas A. Edison (who, despite having attended school for only three months, managed to patent more than 1,000 inventions), also agreed with that proposal. What helped Ford and Edison, two great friends, to reach this conclusion is that they reasoned like engineers, who consider only facts and the physical laws of nature, contrary to most economists, who deal with arbitrary notions that many times do not fit with facts.

Ford and Edison were inspecting in 1928 the Muscle Shoals water power plant, built on the Tennessee River. They were interviewed by The New York Times”, which reported these interviews in its issues of December 4 and 6, 1921. These interviews are reproduced in abbreviated form below, and the lessons they teach are just as valid today. (The information is taken from the May-June, 1998 issue of “The Social Crediter”, 16 Forth Street, Edinburgh, EH1 3LH, Scotland.)

Without the control of the Bankers, there would be no wars

“From the operation of this plant,” Ford said, “many great things are possible, greater power production than this country has yet known... The one big thing which I see in Muscle Shoals is an opportunity to eliminate war from the world.”

Mr. Ford was asked how this was possible...