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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...

George Washington on Unfunded Paper

by Mike Van Schoiack | Mar 24, 2015 | Debt, Economics, Founders, George Washington, Government, President, Quotes, Subject

“If ever again our nation stumbles upon unfunded paper, it shall surely be like death to our body politic. This country will crash.” George Washington – courtesy of theeconomiccollapseblog

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

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.

Democracy and Socialism

by Mike Van Schoiack | Feb 9, 2015 | Constitution, Freedom, Government, Natural Law, President, Quotes, Subject, Uncategorized

“For it is very clear that, in fundamental theory, socialism and democracy are almost, if not quite, one and the same. They both rest at bottom upon the absolute right of the community to determine its own destiny and that of its members.” Woodrow Wilson,...

Democracy and Limits to Power

by Mike Van Schoiack | Feb 9, 2015 | Constitution, Freedom, Government, Natural Law, President, Quotes, Subject

“Democracy is bound by no principle of its own nature to say itself nay as to the exercise of any power.” Woodrow Wilson, Unpublished Essay: “Socialism and Democracy”, 1887
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