Tag Archives: Expenditures

First Principles: Public Money Should Only Be Spent On Well Explained Projects

“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.” – Thomas Jefferson (1808)        

Posted in Uncategorized | Tagged , , , , , , , , , | Leave a comment

Thought For the Day: The Trade of Governance Is Monopolized By Ignorant Rascals

“The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.” – Thomas Paine, philosopher and writer (9 Feb 1737-1809) Sorry, for the frankness of my summation.  Given that we cannot keep … Continue reading

Posted in Thought For the Day | Tagged , , , , , , , , , | Leave a comment

First Principles: A Nation Should Use the Same Prudence In Finances As An Individual Would Use

“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.” —Thomas Jefferson (1808)      

Posted in First Principles | Tagged , , , , , , , , , | 1 Comment

First Principles: Expenditures Should Not Exceed Ability To Pay

“There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements, that our appropriations should ever go hand in hand with our promises.  To say that the … Continue reading

Posted in First Principles | Tagged , , , , , , | Leave a comment