Are the candidates you’re supporting on February 2nd in agreement with our Founding Fathers when it comes to the subject of too much government debt and irresponsible spending?
Thanks to www.patriotpost.us and their email “Founders Quote Daily” for most of the following warnings that too many Republicans still ignore.
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“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.” ~ Thomas Jefferson, letter to Shelton Gilliam, 1808
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“But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years.” ~ Thomas Jefferson, letter to James Madison 1789
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“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, letter to John Taylor, 1816
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“It is a wise rule and should be fundamental in a government disposed to cherish its credit, and at the same time to restrain the use of it within the limits of its faculties, never to borrow a dollar without laying a tax in the same instant for paying the interest annually, and the principal within a given term; and to consider that tax as pledged to the creditors on the public faith.” ~ Thomas Jefferson, letter to John Wayles Eppes, 1813.
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“We must not let our rulers load us with perpetual debt.” ~ Thomas Jefferson, letter to Samuel Kercheval 1816
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“There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements; that our appropriations should ever go hand in hand with our promises. To say that the United States should be answerable for twenty-five millions of dollars without knowing whether the ways and means can be provided, and without knowing whether those who are to succeed us will think with us on the subject, would be rash and unjustifiable. Sir, in my opinion, it would be hazarding the public faith in a manner contrary to every idea of prudence.” ~ James Madison, Speech in Congress, 1790
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Three more excellent sentiments on the topic for other men:
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“A democracy can only exist until the voters discover that they can vote themselves money from the public treasury. From that moment on, the majority always votes for the candidates promising the most money from the public treasury.” ~ This quote is usually attributed to Scottish historian Alexander Tyler (1747-1813)
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“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” ~ Alexis de Tocqueville (1805-1859)
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“Government is the great fiction through which everybody endeavors to live at the expense of everybody else.” ~ Frederick Bastiat, (1801-1850)
