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(Thomas) Woodrow Wilson

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We have come to be one of the worst ruled… Governments….
--
"Benevolence, Or Justice?" (1912), also in The New Freedom (1913), p. 201
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I can tell you categorically that this is not a statement of regret for having created the Federal Reserve. Wilson never had any regrets for having done that. It was an accomplishment in which he took great pride.
--
John M. Cooper, professor of history and author of several books on Wilson, as quoted by Andrew Leonard

 
(Thomas) Woodrow Wilson

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We are at the parting of the ways. We have, not one or two or three, but many, established and formidable monopolies in the United States. We have, not one or two, but many, fields of endeavor into which it is difficult, if not impossible, for the independent man to enter. We have restricted credit, we have restricted opportunity, we have controlled development, and we have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world — no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.

 
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I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world: no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.

 
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The government of an exclusive company of merchants is, perhaps, the worst of all governments for any country whatever.

 
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The governments of the present day have to deal not merely with other governments, with emperors, kings and ministers, but also with the secret societies which have everywhere their unscrupulous agents, and can at the last moment upset all the governments' plans.

 
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We have not found it difficult to deal with the Bush administration in light of the resemblance that it bears to the regimes in our countries, half of which are ruled by the military and the other half which are ruled by the sons of kings.

 
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