Thought For the Day: I Can Scarcely Contemplate A Greater Calamity That Could Befall This Country, Than Be Loaded With A Debt Exceeding Their Ability Ever to Discharge

“I can scarcely contemplate a greater calamity that could befall this country, than be loaded with a debt exceeding their ability ever to discharge. If this be a just remark, it is unwise and improvident to vest in the general government a power to borrow at discretion, without any limitation or restriction.” – Robert Yates (1738-1801)

The question some may have is who is/was Mr. Robert Yates? See the attached:

Robert Yates Storms Out Of The Constitutional Convention (

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: Logo

You are commenting using your 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