In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the lure of compounded interest to be paid in gold at a future date, failed to raise more than about half the needed amount. So the Union faced a real dilemma. The only options remaining were (1) terminate the war or (2) print fiat money. For Lincoln and the Republicans who controlled Congress, the choice was never seriously in doubt.
G. Edward GriffinThere is no time in American history in which there was more economic conflict between segments of the population than there was prior to the Civil War.
G. Edward GriffinNo one in America fully understands the constantly changing Internal Revenue Code. Agents of the IRS do not, judges do not, congressmen do not, and most assuredly taxpayers do not.
G. Edward GriffinSecondly, as a result of this political favoritism, the FDA has become a primary factor in that formula whereby cartel-oriented companies in the food and drug industry are able to use the police powers of government to harass or destroy their free-market competitors.
G. Edward GriffinThe past record of man is burdened with accounts of assasinations, secret combines, palace plots and betrayals in war. But in spite of this clear record, an amazing number of people have begun to scoff at the possibility of conspiracy at work today. They dismiss such an idea merely a conspiratorial point of view.
G. Edward Griffin