Woodrow Wilson: Profiled People in Economics and Banking

Executive Summary

• Woodrow Wilson was put into place by Morgan Bank.

Introduction

Wilson was put into office by private banking interests specifically to defeat William Howard Taft who would have won a second term if Theodore Roosevelt had not supported private banking interests to split votes from Taft. Wilson was tricked into giving in to them and ended up “letting the camel’s nose into the tent.” The original Fed was more of a blend of private and public banking with more public control. However, as time progressed, the Fed became increasingly controlled by private banking interests. Wilson later regretted being deceived by these interests to the country’s detriment, as is expressed in the following quotation.

“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.” ~ AZ Quotes

Wilson was controlled by Morgan bank. This video goes over Wilson’s presidency.