Authored by Michael Maharrey via SchiffGold.com,
The national debt recently blew past $32 trillion.
As we approach America’s birthday on July 4, it might be a good time to consider what the founding fathers would have thought about this massive indebtedness.
James Madison might have summed it up best when he called a national debt “a national curse.”
I go on the principle that a Public Debt is a Public curse and in a Rep. Govt. a greater than in any other.”
The antifederalist writer Brutus made a similar point, writing.
I can scarcely contemplate a greater calamity that could befall this country, than to be loaded with a debt exceeding their ability ever to discharge.”
Thomas Jefferson said he considered “public debt as the greatest of the dangers to be feared,” and he warned that in order to preserve the people’s independence, “we must not let our rulers load us with perpetual debt.”
He also talked about the urgency of paying off debts, saying it would help preserve peace.
It is incumbent on every generation to pay its own debts as it goes. A principle which, if acted on, would save one half the wars of the world”
Jefferson went on to explain just what would happen if we failed to heed his warning.
If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries & our comforts, in our labors & our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor 16 hours in the 24 give the earnings of 15 of these to the government for their debts and daily expences; and the 16th being insufficient to afford us bread, we must live, as they now do, on oatmeal & potatoes.”
Benjamin Franklin warned that running into debt gives “to another Power over your Liberty.”
Madison shared Franklin’s view, naming debt among a trio of tools that people with power use to establish tyranny.
Armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few.” [Emphasis added]
In his Farewell Address, George Washington urged the country to use debt sparingly and pay it off as quickly as possible.
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.”
He made a similar point in his Fifth Annual Message to Congress.
No pecuniary consideration is more urgent than the regular redemption and discharge of the public debt. On none can delay be more injurious or an economy of time more valuable.”
Jefferson gave us a blueprint for how to handle the debt.
I am for a government rigorously frugal and simple, applying all the possible savings of the public revenue to the discharge of the national debt and not for a multiplication of officers & salaries merely to make partizans, & for increasing, by every device, the public debt, on the principle of it’s being a public blessing.” [Emphasis added]
For many in the founding generation, loading future generations with debt was morally unacceptable and something that should be rejected. Washington referred to it as “ungenerously throwing upon posterity the burden which we ourselves ought to bear.”
Jefferson agreed, writing to John Taylor that “the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
A $32 trillion national debt is just another example of how far America has drifted from its founding principles.
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They would be doing more than talking…
2024 = 1776
F F F P
Founding Father’s Face Palm. “Not THIS shit again!”
What would they say about the president celebrating a month for sodomites and castrati?
Franklin and Madison foresaw what would be the outcome of the nasty and evil deeds on Jekyll Island in 1913 …
Obviously BidenTards never got the memo. To be fair and balanced as Conservative Republican Mr. Clifton would say of FAUX , evidently neither did TrumpFans.
President Trump’s Impact on the National Debt
‘Congressional representatives may agree to cut spending in someone else’s district, but they resist doing so on their own.’
^ That’s like eminent domain for private gain as long as it’s someone else’s property. Check mark!
They would have already been shooting decades ago. We never would have gotten to the point if we simply would follow our Constitution.
Declaration of Independence
When, in the course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume, among the powers of the earth, the separate and equal station to which the laws of nature and of nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness. That, to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That, whenever any form of government becomes destructive of these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles, and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.
I withdrawal my “Consent” of this corporate govt. to lord over me as though I’m just cattle and their personal piggy bank to be robbed at will by a bunch of petulant global Homo psychopaths.
Revolution
The “Founding Fathers” were despicable Men, but they did come up with the most unique way of Government that has not ever been matched nor ever will be.
It was Us, our grand parents and great grand parents that gave it all away for “Benefits”.
We continually give up our “Birth Right” by our signature and checking the little box that says we are a U. S Citizens rather than our BIRTH RIGHT of being citizens of one of the “several States” which were until the passing of the 17th Article actually separate COUNTRIES.
There were no “Amendments” after the 12th.
The 13th and newer were called “Articles” and enforceable by Legislation.
Look at the very end of those Articles.
If you do not see it, it is not a genuine copy.
The national debt is merely one more indicator of how our political/ruling class(es) are from giving a rip about our Constitution and about We The People … it shows their utter contempt for all of US … but, like the ‘open borders’ and the assassination of our Sovereign Nation and our National Culture at their hands, what else should we expect from such grifters and shysters and ne’er-do-wells?
They’d look at us like pacifist pussies, while they were erecting gallows and leading politicians out of their K street homes one by one.