First Principles: The Principle of Spending Money To Be Paid By Posterity, Under the Name of Funding, Is But Swindling Futurity On A Large Scale

“The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” – Thomas Jefferson (1816)

When we take money from others without good return, we are swindling them.  When we hold out things or ideas that cannot be done or given  and we are acting falsely in return for immediate gains that will not cause gain for those from whom we take, we are engaged in fraud.  So too then is socialism and all its false promises.   There has never been a socialist nation that has brought good to any nation.   History is replete in this being deeply evidenced.  We cannot and never will gain something from nothing.  There is always a price.

 

About alohapromisesforever

Writer, poet, musician, surfer, father of two princesses.
This entry was posted in First Principles and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s