Notable Quotes – Founders admonishment against Debt

I wish our current "Country Fathers" would listen to our Founding Fathers. Instead, as I have said before, they are acting more like teenagers that have learned to forge Dad’s name on Dad’s credit card.

And just like the teenagers, this current crop does NOT want to be anywhere around when the bill comes in – and mark my words, only the stupidist of the crop will try to ride it out:

"I place economy among the first and most important virtues, and public debt as the greatest dangers to be feared. To preserve our independence, we must not let our rulers load us with perpetual debt. If we run into such debts, we must be taxed in our meat and drink, in our necessities and in our comforts, in our labor and in our amusements. If we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy."

- Thomas Jefferson

"If you would know the value of money, go try to borrow some; for he that goes a-borrowing goes a-sorrowing."

- Benjamin Franklin