leaving defense spending alone?
goingbroke
Posts: 1,410
this notion of leaving defense spending alone? It’s enough to make Jefferson’s bones roll over. Quoting the sound thinker…
"I am for free commerce with all nations, political connection with none, and little or no diplomatic establishment. And I am not for linking ourselves by new treaties with the quarrels of Europe, entering that field of slaughter to preserve their balance, or joining in the confederacy of Kings to war against the principles of liberty." (Letter to Elbridge Gerry, 1799)
"Peace, commerce and honest friendship with all nations – entangling alliances with none, I deem [one of] the essential principles of our government, and consequently [one of] those which ought to shape its administration." (1st Inaugural Address, 1801)
In fact Jefferson was against even having a standing army in peacetime, calling it as he saw it…
"The spirit of this country is totally adverse to a large military force" (Letter to Chandler Price, 1807)
Quoting Jefferson as such doesn’t mean that I think we as a nation should be weak to the point of being susceptible to foreign attack. But we need to get real here. At the end of the day, the pictures painted above – of a nation that spends far more than it collects – is a picture of continuing crisis. Trying to close the gap by raising taxes, rather than getting serious about slashing the cost of government, is not only unfair, it’s simply not going to get the job done.
"I am for free commerce with all nations, political connection with none, and little or no diplomatic establishment. And I am not for linking ourselves by new treaties with the quarrels of Europe, entering that field of slaughter to preserve their balance, or joining in the confederacy of Kings to war against the principles of liberty." (Letter to Elbridge Gerry, 1799)
"Peace, commerce and honest friendship with all nations – entangling alliances with none, I deem [one of] the essential principles of our government, and consequently [one of] those which ought to shape its administration." (1st Inaugural Address, 1801)
In fact Jefferson was against even having a standing army in peacetime, calling it as he saw it…
"The spirit of this country is totally adverse to a large military force" (Letter to Chandler Price, 1807)
Quoting Jefferson as such doesn’t mean that I think we as a nation should be weak to the point of being susceptible to foreign attack. But we need to get real here. At the end of the day, the pictures painted above – of a nation that spends far more than it collects – is a picture of continuing crisis. Trying to close the gap by raising taxes, rather than getting serious about slashing the cost of government, is not only unfair, it’s simply not going to get the job done.
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(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
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"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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