Wednesday, October 01, 2008

Thoughts of Jefferson

My blog friend, JMG, has an interesting post, Domestic Violence?, about a bill just passed in the shadow of the financial crisis. I think this bill would have been hotly debated in the press if not for financial crisis news. I encourage everyone to look at her post.

In response I have posted a few thoughts of the man Thomas Jefferson which may be applicable. I have also included quotes pertaining to the financial crisis. These are especially troubling -- we never listened.

Government Rule and Force

All, too, will bear in mind this sacred principle, that though the will of the majority is in all cases to prevail, that will to be rightful must be reasonable; that the minority possess their equal rights, which equal law must protect, and to violate would be oppression.

Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny.

I would rather be exposed to the inconveniences attending too much liberty than those attending too small a degree of it.

Leave no authority existing not responsible to the people.

Present Economic Woes
Delay is preferable to error.

Never spend your money before you have earned it.

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country.

I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.

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.

1 comment:

JMG said...

A wise man indeed!

I have a new post today with some interesting video.