Posted on 07/30/2011 4:21:14 AM PDT by markomalley
"You know the Chinese are looking at us right now and they are just gleeful and incredulous at the way in which one of the great competitors is imploding on itself, because a group of absolutists and extremists don't understand the implication of what they are doing, and prepared to hold the entire economy hostage and it is unprecedented of anything I have seen in all of the time I have been in public life, and I think it is damaging and dangerous and reckless and irresponsible," Sen. John Kerry (D-MA) told MSNBC.
(video at link)
(Excerpt) Read more at realclearpolitics.com ...
I’ve been waiting on pins and needles to read kerry’s thoughts on the TP. Now I can relax. Whew!
As they say, when you’re catching flak you’re over the target.
Word!
I concur...
You cannot match wits or eloquence with Thomas Jefferson and others of America's founding generation, nor can the foolishness of Keynes come close to the wisdom of the moral philosopher, Adam Smith, in sound economic understanding.
"To preserve [the] independence [of the people,] we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:39
"I deem [this one of] the essential principles of our government and consequently [one] which ought to shape its administration:... The honest payment of our debts and sacred preservation of the public faith." --Thomas Jefferson: 1st Inaugural, 1801. ME 3:322
"I sincerely believe... that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale." --Thomas Jefferson to John Taylor, 1816. ME 15:23
"[With the decline of society] begins, indeed, the bellum omnium in omnia [war of all against all], which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man. And the fore horse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:40
Your Party's control of the Congress since 2006, and of the Presidency for the last 3 years, along with any Republicans who have been coopted to go along with the Democrats' policies have brought us close to the kind of "wretchedness and oppression" spoken of by Jefferson.
Thank God for technology and the so-called TEA party movement! Else, future generations would never know that there were those in 2012 who stood for liberty, not "servitude."
Dangerous? Irresponsible? War hero John Kerry should ask himself whose policies are more in line with those of the Founding Fathers. As if he cares.
Is this the same Kerry who registered his yacht in Rhode Island rather than his home state of Mass so he could save taxes?
While I am not sure what motivates Senator Kerry, I do understand what motivates Conservative Americans in deciding that enough is really enough.
We decline, Sir, to see our productive citizens taxed or plundered by fiat money inflation, to pay for actions by the Government that are both flagrantly Unconstitutional & socially destructive.
They are Unconstitutional because they are not by any reasonable stretch covered in any of the specific functions delegated to the Federal Government. They are socially destructive, because nothing in human history suggests a social benefit from increasing the dependence of any people on a centralized bureaucracy; from condemning the susceptible subsets of any society, to multi-generational dependence upon over-reaching government; that squanders money to destroy personal responsibility for personal problems.
The Kerry argument only flies with people who think that a reduced rating for bonds that are already virtually worthless, thanks to policies that Senator Kerry has supported throughout his political career, is the real threat to America. To those who understand basic economic & social reality, his argument is only a very, very sorry joke.
It is also a plea for the abdication of moral responsibility!
William Flax
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