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The Consequences of Public Debt


The original greenback, from whence the name comes

200 years later, they still haven't learned.

The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.

President John Adams, First Annual Address (1797)

 
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Posted by on December 15, 2011 in economic, Foreign Policy, Politics

 

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Grasping Government Supporters <- KAZ


Government programs are driven by greed, not altruism.

It is the selfish who demand that politicians take money from others, and redistribute it to themselves.

KAZ Vorpal, But Now You Know (2011)

 
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Posted by on April 15, 2011 in economic, Politics

 

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Accumulation of Public Debts <- Adams


The consequences arising from the continual accumulation of public debts in other countries ought to admonish us to be careful to prevent their growth in our own.

— John Adams, November 23rd, 1797, First Address to Congress

 
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Posted by on July 29, 2010 in economic, Politics

 

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Tyrannosaurus Debt


ssexbshr890_smlSolvency is maintained by means of a national debt, on the principle, “If you will not lend me the money, how can I pay you?”

Ralph Waldo Emerson, “Attributes” (1856)

 
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Posted by on September 14, 2009 in economic, Politics

 

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