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Author Topic: Thomas Jefferson on the Economy and Debt - 200 years ago  (Read 1237 times)

aa33

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Thomas Jefferson on the Economy and Debt - 200 years ago
« on: May 30, 2011, 10:24:18 PM »
"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 our labors and
our amusements, for our calling and our creeds...
[we will] have no time to think,
no means of calling our miss-managers to account
but be glad to obtain subsistence by hiring ourselves
to rivet their chains on the necks of our fellow-sufferers...
And this is the tendency of all human governments.
A departure from principle in one instance
becomes a precedent for [another ]...
till the bulk of society is reduced to be mere automatons of misery...
And the fore-horse of this frightful team is public debt.
Taxation follows that, and in its train wretchedness and oppression
remove the hook,put in the Bass ,Yes the W H O L E Bass,and adjust the speed of the Bassomatic 76.....