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Friday, June 13, 2014

15 Quotes From The Founding Fathers About Economics, Capitalism And Banking

Why have we turned our backs on the principles that this nation was founded upon? Many of those that founded this nation bled and died so that we could experience "life, liberty and the pursuit of happiness". And yet we have tossed their ideals aside as if they were so much rubbish. Our founders had experienced the tyranny of big government (the monarchy) and the tyranny of the big banks and feudal lords, and they wanted something very different for the citizens of the new republic that they were forming. They wanted a country where private property was respected and hard work was rewarded. They wanted a country where the individual was empowered, and where everyone could own land and start businesses. They wanted a country where there were severe restrictions on all large collections of power (government, banks and corporations all included). They wanted a country where freedom and liberty were maximized and where ordinary people had the power to pursue their dreams and build better lives for their families. And you know what? While no system is ever perfect, the experiment that our founders originally set up worked beyond their wildest dreams. But now we are killing it. Why in the world would we want to do that?

Most people are under the illusion that the United States has a "capitalist economy" today, but that simply is not accurate. At best, we have a "mixed economy" that is becoming a little bit more socialist with each passing day. We pay dozens of different types of taxes each year, and some Americans actually end up giving more of their earnings to the government than they keep themselves. But that is still not enough, and so our state governments have accumulated astounding amounts of debt, and our federal government has amassed the largest single debt that the world has ever seen. If future generations of Americans get the chance, they will curse us for the chains of debt that we have placed upon their shoulders.

So what do our government officials do with all of this money?

Well, today approximately 70 percent of all federal government activity involves taking money from some Americans and giving it to other Americans.

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3 comments:

Anonymous said...

With our country in such disorder , with the government controlling all capital , we are doomed as a nation under GOD.
I sympathize with the so called radical white groups. At least they have the balls to react to this disorder , most of us just sit back and let it happen.
What the hell does it take to wake us up?
I will tell you , civil war is now the only answer.
I do feel sorry the next president , Obama has screwed up so bad that we are way past the point of no return. It will never be reversed in my lifetime.

Anonymous said...

#13 rings SO true!!

Anonymous said...

If the founding fathers were back in control now Obama and O'Malley would be chained to a wall in the stockade awaiting trial and then the firing squad for crimes against the people of the United States of America.