George Washington

This tag is associated with 3 posts

Founding Fathers, Debt, and Bubbles

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Barack Obama and the main stream media at some point in this election will attempt again to change the discussion from the perils of the public debt to one of income inequality (which we earlier refuted to be a bogus argument).  The public debt is the greatest danger we face today.  It stands at a … Continue reading →

Blame Game Begins, why our Founding Fathers did not trust political parties.

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Beware that this new downgrade of our debt rating by S&P might be the new crisis that we have to deal with.  Although it is a bit alarming, there is nothing to panic about.  Japan was downgraded in 2001 and nothing calamitous came of it.  The problem is, in our country where we have two main … Continue reading →

Debt Rant

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“No pecuniary consideration is more urgent than the regular redemption and discharge of the public debt.” Those are the wise words of George Washington.  The Tea Party often relishes the opportunity of pointing towards what our Founding Fathers intended when making arguments for today.  The problem is that liberals like to manipulate the discussion with … Continue reading →

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