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Thomas Jefferson on Debt

by Mike Van Schoiack | Mar 5, 2016 | Economics, economy, Founders, New, President, Quotes, Thomas Jefferson

“We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in...

Thomas Jefferson on Property

by Mike Van Schoiack | Mar 5, 2016 | Founders, freedom, Freedom, New, 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...

Thomas Jefferson on Who Owns the Earth

by Mike Van Schoiack | Feb 25, 2016 | Debt, Economics, economy, Founders, Government, President, Quotes, Subject, Thomas Jefferson, Topics

“I say, the earth belongs to each of these generations during its course, fully and in its own right. The second generation receives it clear of the debts and incumbrances of the first, the third of the second, and so on. For if the first could charge it with a...

Thomas Jefferson on Borrowing Money

by Mike Van Schoiack | Mar 25, 2015 | Constitution, Debt, Economics, Founders, Government, President, Quotes, Thomas Jefferson

“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the...

Thomas Jefferson on Borrowing Money

by Mike Van Schoiack | Mar 24, 2015 | Debt, Economics, Founders, Government, President, Quotes, Thomas Jefferson

“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the...

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
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Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide.

— John Adams

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