And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. Letter from Thomas Jefferson to John Taylor, May 28, 1816. H/T to Robert Gore of the […]Read more "What Thomas Jefferson Knew That Paul Krugman Never Learned"
Yesterday there were three excellent posts on the subject of nullification: Sentry Journal, Adrienne’s Corner, and Publius-Huldah. Nullification is a subject that many fo us find interesting. it is clear to many that the Founders believed in the legitimacy of nullification. The Publius-Huldah piece has numerous quotes from the Federalist Papers supporting the concept of […]Read more "The Nullification Conondrum & The Founders"