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To Preserve…
We learned from Bastiat’s fallacy of the broken window that war does not create, but consumes, destroys and kills with war profiteering.
http://en.wikipedia.org/wiki/Parable_of_the_broken_window
It is a great pity this is not taught in most Public School Civics or History curricula. Most publikc school graduates these days have a challenge naming our greatest Presidents.
General and President Washington, who had a prophetic temperament, warned us in his farewell address to beware of foreign entanglements and reminded us
Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports… It is substantially true that virtue or morality is a necessary spring of popular government… As a very important source of strength and security, cherish public credit… One method of preserving it is to use it as sparingly as possible, avoiding occasions of expense by cultivating peace, but remembering also that timely disbursements to prepare for danger frequently prevent much greater disbursements to repel it, avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertion in time of peace to discharge the debts which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burden which we ourselves ought to bear…history and experience prove that foreign influence is one of the most baneful foes of republican government…beware foreign entanglements
http://www.100megspop3.com/bark/Beware.html
The last time America was a creditor nation was under President Ronald Reagan, a generation ago.
http://theageofstupidity.blogspot.com/2009/05/curse-of-being-creditor-export-nation.html
America has not paid off her debts since Andrew Jackson was President in 1835.
http://en.wikipedia.org/wiki/United_States_public_debt
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February 2nd, 2010 at 4:29 am
Holy Smokes Rich….
Now that was a handful.
This article should be published in the NY Times.
Certainly we are seeing a ground swell in this country stirred by an irate citizenry.
Perhaps it is not to late to take our country back.
God have Mercy.
Keep up the good work Rich, you are a true Patriot.
Thank you. Richard
February 2nd, 2010 at 4:35 pm
Mahalo Richard:
Henry Paulson acknowledged 93% of Americans opposed TARP and he did it anyway, bailing out himself and his firm Goldman Sachs with Ben Bernanke and Timothy Geithner’s help.
No wonder the majority of Americans want a full Audit of the Fed and Treasury, including the Mints and Bullion Vaults.
If we:
A) turn off government monopoly media making heroes out of bums,
B) share the truth which sets us free,
C) help family friends and neighbors vote for Patriotic Constitutional Independents who truly serve US this Fall,
then we may in fact take our country back from bonus banksters and their government corporate welfare pimps.
The alternative is watching the Jericho Wall of debt crush our country and lives like Financial Armageddon.
Uncle Sam owes more than we own. That cannot last much longer.
We must pay down or forgive our debts with a spending freeze on deficits and earmarks and the 1% Transaction Tax on a quadrillion in voluntary transactions.
Andrew Jackson paid off the public debt in 1835. So can we…
Regards*Rich
February 4th, 2010 at 5:03 pm
Rich,
Like the website and all, but a reader needs to click 22 separate times simply to read the content of this entry. Perhaps a different format would be better?
Cheers.
February 24th, 2010 at 6:15 pm
Thanks clicks.
Took it up with the management.
Regards*Rich