Why this contraversial quote makes sense

Digging in the arsonal of knowlege I have, I remember this quote

"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 them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.... I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Who said it ? and why is it so prevelent today ? 

Well before I tell you lets look at dominatiing Corporations in America today. 

As of 2024, the top ten U.S. companies by revenue, according to the Fortune 500 list, are:

Walmart – $648.1 billion
Amazon – $574.8 billion
Apple – $383.3 billion
UnitedHealth Group – $371.6 billion
Berkshire Hathaway – $364.5 billion
CVS Health – $357.8 billion
ExxonMobil – $344.6 billion
Alphabet Inc. – $307.4 billion
McKesson Corporation – $276.7 billion
Cencora – $262.2 billion
These companies span various industries, including retail, technology, healthcare, and energy, reflecting the diverse landscape of the U.S. economy. But the biggest monster of all is ..wait for it is BLACKROCK!! 

BlackRock, one of the world's largest asset management companies, often attracts criticism for a variety of reasons. Here are some key factors contributing to its controversial reputation:

1. Influence and Size
BlackRock manages over $9 trillion in assets, giving it significant influence over global financial markets, corporations, and governments. Critics argue this concentration of power is concerning and lacks sufficient oversight.
2. Environmental, Social, and Governance (ESG) Policies
BlackRock has championed ESG investing, encouraging companies to adopt sustainable practices. This has drawn criticism from multiple sides:Conservatives claim BlackRock pushes a "woke agenda" by influencing corporate policies on climate change and social issues.
Progressives argue BlackRock's ESG commitments are superficial, as it continues to invest heavily in fossil fuels and other environmentally harmful industries.
3. Shareholder Influence
BlackRock’s significant stakes in many large corporations grant it voting power on major corporate decisions. Critics worry about the concentration of voting power in the hands of one entity, which could undermine democratic shareholder processes.
4. Conflict of Interest
BlackRock has been accused of conflicts of interest due to its close ties to governments. For instance, during the COVID-19 pandemic, BlackRock advised the U.S. Federal Reserve on bond purchases while managing related assets, raising concerns about impartiality.
5. Real Estate Investment
BlackRock’s involvement in real estate markets, including the purchase of single-family homes, has sparked criticism. Critics argue that such activities contribute to rising housing prices and make it harder for individuals to buy homes.
6. Opaque Practices
Despite its size and influence, some critics accuse BlackRock of operating with a lack of transparency, making it difficult to hold the company accountable for its actions.
7. Market Impact
BlackRock’s massive index funds are believed to distort markets, with some arguing that its passive investment strategies contribute to monopolistic tendencies and economic inequality.
8. Political Polarization
In a polarized political environment, BlackRock has become a target for both ends of the spectrum, with each accusing it of exacerbating the issues they oppose.
Conclusion
BlackRock’s global scale, influence, and business practices make it a lightning rod for criticism from a wide range of perspectives. While the company argues that its actions aim to deliver value to clients and support sustainable growth, the controversies highlight broader debates about corporate power, market dynamics, and societal priorities. 

so as you see the quote is so prevolent today more than ever, who made the quote  none other than Thomas Jefferson,Now in my opinion I say he nailed it