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Thomas Jefferson on Spending Money Paid by Posterity

by Mike Van Schoiack | Mar 24, 2015 | Economics, economy, Founders, government, Government, Quotes, Thomas Jefferson

“The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” Thomas Jefferson – courtesy of theeconomiccollapseblog

Thomas Jefferson on Economic Virtue

by Mike Van Schoiack | Mar 24, 2015 | Economics, Founders, President, Quotes, Subject, Thomas Jefferson, Uncategorized

“I place economy among the first and most important virtues, and public debt as the greatest of dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed in our meat and...

Thomas Jefferson on Redistribution

by Mike Van Schoiack | Mar 24, 2015 | Economics, Equality, Founders, Freedom, Natural Law, President, Quotes, Thomas Jefferson

“To take from one, because it is thought his own industry and that of his fathers has acquired too much, in order to spare to others, who, or whose fathers, have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, the...

Benjamin Franklin on Redistribution

by Mike Van Schoiack | Mar 24, 2015 | Ben Franklin, Economics, Equality, Founders, Government, Quotes

“When the people find that they can vote themselves money, that will herald the end of the republic.” Often attributed to Benjamin Franklin, but there is no record that Franklin ever wrote or spoke these exact words.

Alexander Hamilton on Nature of Man

by Mike Van Schoiack | Feb 25, 2015 | Alexander Hamilton, Founders, Natural Law, Quotes

“It is the lot of all human institutions, even those of the most perfect kind, to have defects as well as excellencies – ill as well as good propensities. This results from the imperfection of the Institutor, Man.” Alexander Hamilton, Selected...

Alexander Hamilton on Debt

by Mike Van Schoiack | Jan 13, 2015 | Alexander Hamilton, Debt, Founders, Quotes, Subject

“Allow a government to decline paying its debts and you overthrow all public morality — you unhinge all the principles that preserve the limits of free constitutions.Nothing can more affect national prosperity than a constant and systematic attention to...
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