Debt puts our freedoms at risk
Published 4:34 p.m., Monday, November 26, 2012
It was enlightening to see the letter written by Richard Johnson last week. He raises a valid point about going through the election cycle without much concern for the national debt. The real question is, why? Why wasn't this issue more of a concern in the election? It certainly was raised by many Republican candidates. Was it because most Americans simply don't care?
Recently a report was released showing Americans are increasing their credit card debt. So are more Americans doing things the way the federal government does, on borrowed money? Unfortunately most Americans can't fathom what a trillion dollars is, let alone 16 trillion. After a while it becomes just another number. Hey life is good, got your iPhone, iPad, iPod and satellite T.V. Even a terrorist attack on one of our embassies and the murder of a U.S. ambassador and three Americans wasn't enough to sway people's minds away from all the free stuff the Obama administration is handing out.
Even now the main concern for many people is camping out at the big box stores to be the first one to enter the store and buy things they can't afford, probably with a credit card.
Funny how the lamestream media (including this very newspaper) were quick to condemn those like Mitt Romney and especially Linda McMahon for trying to buy an election with all their wealth. What they failed to say for obvious reasons is how Barack Obama and the Democrats have done just that, with one exception -- they used the taxpayer money instead of their own.
More than 200 years ago Thomas Jefferson and Alexander Hamilton both agreed that when the public treasury becomes a trough, and the voters realize this, they will only send to government people who will promise to bring back the bigger piece of the pie. When that number reaches 50 percent then goes over 50, we have a situation where the half, or the half plus 1, that receives from that trough has the legal tools with which to fill the trough from the pocketbooks and bank accounts of the other half.
Another great American statesman, Abraham Lincoln, said this: "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
Richard R. Costello
Recently a report was released showing Americans are increasing their credit card debt. So are more Americans doing things the way the federal government does, on borrowed money? Unfortunately most Americans can't fathom what a trillion dollars is, let alone 16 trillion. After a while it becomes just another number. Hey life is good, got your iPhone, iPad, iPod and satellite T.V. Even a terrorist attack on one of our embassies and the murder of a U.S. ambassador and three Americans wasn't enough to sway people's minds away from all the free stuff the Obama administration is handing out.
Even now the main concern for many people is camping out at the big box stores to be the first one to enter the store and buy things they can't afford, probably with a credit card.
Funny how the lamestream media (including this very newspaper) were quick to condemn those like Mitt Romney and especially Linda McMahon for trying to buy an election with all their wealth. What they failed to say for obvious reasons is how Barack Obama and the Democrats have done just that, with one exception -- they used the taxpayer money instead of their own.
More than 200 years ago Thomas Jefferson and Alexander Hamilton both agreed that when the public treasury becomes a trough, and the voters realize this, they will only send to government people who will promise to bring back the bigger piece of the pie. When that number reaches 50 percent then goes over 50, we have a situation where the half, or the half plus 1, that receives from that trough has the legal tools with which to fill the trough from the pocketbooks and bank accounts of the other half.
Another great American statesman, Abraham Lincoln, said this: "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves."
Richard R. Costello
Read more: http://www.ctpost.com/news/article/Debt-puts-our-freedoms-at-risk-4067743.php#ixzz2DQNsCSkV
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