Thursday, May 16, 2013

Gah! It's Official-American Federal Debt Will Never Be Paid

Just a little bit of gloom for this otherwise sunny day.

"The practice of spending today while asking future generations to pay for it was deemed immoral by earlier generations of Americans. Jefferson spoke for the majority when he described federal debt as “swindling futurity” and a mortal threat to liberty. If generations could shift the burden of their debts to future generations, said Jefferson, “then the earth would belong to the dead and not to the living generation.”

"The unaffordable spending spree of the last generation has created an existential threat to America itself. Without realizing it, we have been voting for a coming implosion of our population and the concomitant destruction of our own society."