Posted on 05/11/2010 10:25:24 AM PDT by CanGyrene
I find it interesting that an entire nation like Greece can face bankruptcy.
Greece will be loaned billions that it is not likely to ever repay. Meanwhile, Spain, Portugal, Italy, and Ireland are financially shaky as well. England is not much better off and the United States is printing money in the basement of the Federal Reserve while also borrowing it from China, Japan, and everyone else. Too much government intervention and too many regulations
Our current miseries can be traced in part to too much government intervention and too many regulations. My hero, Wayne Crews of the Competitive Enterprise Institute, keeps track of such things and, in April, pointed out that last year Congress passed 125 bills, but federal agencies issued 3,503 final rules. Congress tasks its agencies to fill in the blanks when it passes new laws, but this now constitutes regulation without representation, says Crews.
(Excerpt) Read more at canadafreepress.com ...
If we keep doing what we are doing, we will become Greece.
When one considers the great intellect, wisdom, understanding and foresight of America's Founders--all directed toward preserving the liberty of rising generations, one must conclude that their worst fears are being realized as this foolish President "transforms" America into a debtor nation, making slaves of all citizens and snuffing out the light of liberty for his own posterity--indeed, for all the world.
Justice Joseph Story said of the Constitution of the United States: "The structure has been erected by architects of consummate skill and fidelity; its foundations are solid; its components are beautiful, as well as useful; its arrangements are full of wisdom and order, and its defenses are impregnable from without. It has been reared for immortality, if the work of man may justly aspire to such a title. It may, nevertheless, perish in an hour by the folly, or corruption, or negligence of its only keepers, THE PEOPLE. Republics are created by virtue, public spirit, and intelligence of the citizens."
If America's citizens, who are designated by the Constitution to be the constitutional KEEPERS of the Constitution, do not act soon to reverse the reckless plunge this Administration is taking toward undoing the Founders' protections for liberty, then future generations may never know or experience their heritage of liberty.
Good points. Everyone keep spreading the word. Hopefully, by November 2, 2010, people will have educated themselves to all that is happening and there will be a resounding Republican Victory. I keep telling my wife, "Will anyone vote democrat in November?"
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