Thursday, September 3, 2015

Bailing the Capitalists: Our Southern Fathers Told Us What to Expect

 John Taylor

 “But an opinion that it is possible for the present generation to seize and use the property of future generations has produced to both parties concerned, effects of the same complexion with the usual fruits of national errour. The present age is cajoled to tax and enslave itself, by the errour of believing that it taxes and enslaves future ages to enrich itself.”
John Taylor of Caroline

“. . . and bank-notes will become as plentiful as oak leaves.” —Thomas Jefferson

“They [the people], and not the rich are our dependence for continued freedom. And to preserve their independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts, as that we must be taxed in our meat and drink, in our necessaries and our comforts, in our labours and our amusements . . . our people . . .must come to labour sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses . . . .”
—Thomas Jefferson

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