May 26, 2004

UNWISE:

Founders' Quote Daily (The Federalist Patriot, 5/26/04)

It is a wise rule and should be fundamental in a government disposed to cherish its credit, and at the same time to restrain the use of it within the limits of its faculties, 'never to borrow a dollar without laying a tax in the same instant for paying the interest annually, and the principal within a given term; and to consider that tax as pledged to the creditors on the public faith.'
-Thomas Jefferson

Thank goodness for Alexander Hamilton.

Posted by Orrin Judd at May 26, 2004 8:10 AM
Comments

That Jefferson quote is an interesting comment from someone who spent his life in debt.

Posted by: Brandon at May 26, 2004 11:47 AM

When debt is used as a productive investment, like Hamilton's was, it is a good thing. Simply to fuel consumption is irresponsible. And I think we are at that now.

Posted by: Chris Durnell at May 26, 2004 12:08 PM

Except that we have the least debt of any nation ever.

Posted by: oj at May 26, 2004 12:15 PM

Jefferson was an agricultural reactionary with no conception of a modern economy. He would have been horrified with modern America, but so what?

Posted by: jd watson at May 27, 2004 4:43 AM

Like an expensive sports car, fine-tuned and well-built, Portia was sleek,
shapely, and gorgeous, her red jumpsuit moulding her body, which was as warm
as seatcovers in July, her hair as dark as new tires, her eyes flashing like
bright hubcaps, and her lips as dewy as the beads of fresh rain on the hood;
she was a woman driven -- fueled by a single accelerant -- and she needed a
man, a man who wouldn't shift from his views, a man to steer her along the
right road: a man like Alf Romeo.
-- Rachel Sheeley, winner

The hair ball blocking the drain of the shower reminded Laura she would never
see her little dog Pritzi again.
-- Claudia Fields, runner-up

It could have been an organically based disturbance of the brain -- perhaps a
tumor or a metabolic deficiency -- but after a thorough neurological exam it
was determined that Byron was simply a jerk.
-- Jeff Jahnke, runner-up

Winners in the 7th Annual Bulwer-Lytton Bad Writing Contest. The contest is
named after the author of the immortal lines: "It was a dark and stormy
night." The object of the contest is to write the opening sentence of the
worst possible novel.
fioricetl

Posted by: fioricetl at August 15, 2004 8:54 PM

Hewett's Observation:
The rudeness of a bureaucrat is inversely proportional to his or
her position in the governmental hierarchy and to the number of
peers similarly engaged.
fioricet

Posted by: fioricet at August 15, 2004 9:05 PM
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