Thomas Jefferson's Take on the Economy

[forHISglory]

I received the following information in an email, and I have not taken the time to verify that these are actually by Jefferson. However, by Jefferson or not, they are interesting quotes and provide food for thought and discussion. Any comments? (source: http://www.brainyquote.com/quotes/qu...eff109181.html)

When we get piled up on one another in large cities, as in Europe, we shall become as corrupt as Europe.
Thomas Jefferson


The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.
Thomas Jefferson


It is incumbent on every generation to pay its own debts as it goes. A principle which if acted on would save one-half the wars of the world.
Thomas Jefferson



I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.
Thomas Jefferson




My reading of history convinces me that most bad government results from too much government.
Thomas Jefferson


No free man shall ever be debarred the use of arms.
Thomas Jefferson


The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government.
Thomas Jefferson


The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.
Thomas Jefferson


To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical.
Thomas Jefferson


Very Interesting Quote
In light of the present financial crisis, it's interesting to read what Thomas Jefferson said in 1802:

'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.'

[57plymouth]

That's awesome!!

[forHISglory]

After all is said and done, Jefferson was still a human, but he wrote some interesting ideas. The one that I am mulling over now is :

It is incumbent on every generation to pay its own debts as it goes.

So whether you agree, or disagree, or just agree to disagree, I believe that he had ideas that are worth the discussion.