PI2014 #668 – Deficit Spending Threatens Liberty ASK A HORSE “Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt.” ~ William Cobbett Saturday, August 9th, 2014 Liberty Lovers, usdebtclock.org: Every American Taxpayer Now Owes The (federal) State $151,527; every citizen $55,356. “I place economy among the first and most important virtues, and public debt as the greatest danger to be feared.” ~ Thomas Jefferson History Is Replete with warnings about irresponsible public debt. America’s Congress and commonwealth/state legislatures perpetuate escalating debt - and potential for devastating America’s economy and security. Debt takes away our options. “The validity of the public debt of the United States, authorized by law, . . . for services in suppressing insurrection or rebellion, shall not be questioned.” ~ 14th Amendment – U. S. Constitution This Constitutional Provision has potential for imposing impossible financial burden on American taxpayers. Sovereign, self-governing citizens are misguided to allow legislatures power to burden Americans with limitless financial obligations. “Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.” ~ Ron Paul There May Be No More condescending observation on taxation than this one made by Franklin D. Roosevelt: “Our national debt after all is an internal debt owed not only by the Nation but to the Nation.” “It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold” ~ Thomas Edison People Intending To Live In Liberty do not allow legislators – or other public officials within These United States of America, to permit federal authorities or courts to define or limit their 10th Amendment powers beyond specific Constitutional constraint. They surrender neither their property nor their sovereignty. Stop and Think It’s your property, not “State” property. Let Freedom Ring – Abolish Direct Taxation Choose citizencontrolledtaxation Best Wishes, Len Ritchey
Posted on: Sat, 09 Aug 2014 16:08:12 +0000