Spurious History Supporting Spurious Conspiracies

This quote has shown up recently on some Face Book posts of high school acquaintances, so, I wanted to set the historical record straight all the while empathizing with the posters because I use to use this quote often when I was on this mindset:

“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property” 


Now, some here may know that i am not a huge Ron Paul fan personally. I know from hearing him in person as well as Ezola Foster at an event that he holds to the conspiratorial view of history. While I think he has backed off of his previous John Birch Society thinking (as did I, but to a larger extent), he is still liked by the “Alex Jones” sheople out there in the ether of the www. So here we can see Ron Paul gets inundated with this quote from his conspiracy followers quite a bit, so much so he had to put the breaks on it. We can see this because he titled this post, “Can we please stop propagating the fake Jefferson quote about ‘PRIVATE BANKS’?” In this post he states the following:

This is a fake. No one has been able to say where Jefferson wrote this. It’s been spreading around the internet and has even made it in a few books (unsourced). This book points out that the quote is “spurious:” (The term “deflation” cannot even be traced back further than 1920, and the term “inflation” 1864 – long after Jefferson died).

Later in the comments section, you find this in response to some of the thinking that took place after this post:

The Fed is not a private bank. PRIVATIZE THE FED!!!

  • “The Federal Reserve Banks should simply be regarded as governmental agencies.” – Murray Rothbard
  • “I now call the Federal Reserve the fourth branch of government.” – Ron Paul

This is a blow to those who usually rail against the Fed. They do not often grasp the nuance in their position and how saying one thing often conflicts with the reality of a healthy position. Here is one example from a caller on this topic to Michael Medved:

Michael Medved Speaks Federal Reserve Myths from Papa Giorgio on Vimeo.

People really do not think through these issues much any longer. I was in the same boat at one point in my life. I realized in my own life I didn’t do with this view of history the same way I dealt with other aspects of my worldview. For instance I have come to well informed conclusions on issues by comparing, contrasting, debating and watching experts debate the following:

  1. Creation and intelligent design vs. evolution and philosophical naturalism;
  2. Constitutional original intent vs. a “living” and “breathing” Constitution;
  3. Paleo-liberalism/conservatism vs. liberalism or progressivism;
  4. (Worldviews) theism vs. pantheism, atheism, and the like.

I never put my own view of history to the test. That is, the conspiratorial view of history (Bilderbergers, Trilateral Commission, CFR, Illuminati, the New World Order, etc) versus an accidental view of history. Listening to talk radio (Prager and Medved) gave me a healthy view of some historical events as well as references for me to follow as they often had on guests who were experts in these areas. Medved especially, every full moon he devotes three-hours of his show to conspiracy callers. Many of my previously held positions on historical events were challenged, and so I set out on a mission to prove or disprove some of these events I had merely accepted as fact. I followed many of these quotes and historical events often used and referenced by these conspiracy writers (the most well-known in Christian literature are Epperson and Kah). What I found was that many of the quotes had no historical basis — like the Jefferson quote above. Or they were facts that were twisted and misconstrued. This is Alex Jones favorite ploy:

Alex Jones Deconstructed… Wrong On Almost Every Fact from Papa Giorgio on Vimeo.

There are those you can never reach, they are closed off and impervious to facts, and then, there are those (like I was) who will take any argument and test it to see if it is true… truth being the highest order of things. Truth rejects opinion and makes it secondary to the actual reality of things. Man likes to subvert facts to their will. This is all part of our fallen nature and this pride is what is daily broken — or should be — in a Christians life and walk. A worldview, therefore, that allows the individual a model to test a theory and stand outside of ones ego, as much as possible, is key. Which is why you have this conspiracy movement primarily built into the Left. I guess all I can do is continue to post on the topic and hope it reaches one person. I hope that one person can reach one as well, and so on.