Before they spend more so-called stimulus money, both President Obama and the Congressional Democrats should carefully consider these words written by Scottish philosopher David Hume who lived from 1711 - 1776:
"The practice of contracting debt will almost infallibly be abused in every government. It would scarcely be more imprudent to give a prodigal son a credit in every banker's shop in London, than to empower a statesman to draw bills upon posterity."
Republicans, too, should contemplate their part in the fiscal follies of the George W. Bush era. It is one thing to cut taxes: the simultaneouse increase in spending, at the highest rate ever, surely amounts to High Crimes and Misdemeanours.
Unfortunately, there is no way to impeach Representatives and Senators but we can vote all of them out of office.
This year.
Wednesday, June 30, 2010
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