"There are a couple of ways you can think about the national legislature’s debt. One of the ways I suggest you think about it is that this is future pain. That’s what it is, future pain, future misery, and future tyranny. If there is an actual effort to pay the debt or to honor the commitments that make up part of the $222 trillion debt, that would then require a confiscation of private wealth and private property that today seems incomprehensible."
Mandeville, LA – Exclusive Transcript – Just to put this in perspective, this would mean that our mighty, gargantuan federal leviathan would have to exist on a paltry $1.2 trillion. In other words, it would have to exist on the expenditures of the last year of the Reagan administration, in 1989. Chew on that for a moment. Think about that. Then come back to me and tell me exactly how, practically speaking, this can possibly financially or numerically or mathematically work itself out. Check out today’s transcript for the rest…
Mandeville, LA – Exclusive Transcript – I just found it really fortuitous that I stumbled upon this letter while watching the Snowden clip about the nobility of the federal government and that’s what it was that drew Edward Snowden to it, then tying the whole immigration part of this letter to our current pickle over said immigration, being able to then see that back in 1794, 1795, 1796, just years after the Constitution went into effect, members of the House of Representin’ and one of the most famous of all founding fathers found it necessary to guard against the admission of people that would not contribute to the good order and happiness of life under our new Constitution with newfound freedoms and liberties gained in the revolution. Check out today’s transcript for the rest…
Mandeville, LA - Exclusive Transcript - Isn’t Representative White of Texas admitting that the state legislatures are in on the debt, and the state legislatures actively participate in running it up? They’re the ones that are spending the money. If you’re making contingency plans for what’s going to happen in the absence of borrowed federal money or manufactured money out of thin air, you then are admitting that you’re accepting the borrowed or manufactured money. Check out today's transcript for the rest...
Mandeville, LA - Exclusive Video and Audio - Why should we have an Article Five Convention? Well, let's look at what happened on Thanksgiving and the day after, Black Friday, just as an example: on Black Friday, the US Treasury increased the National Debt by over $24 Billion dollars, divide that by each household in the United states and it comes out to over $200. So even if you didn't go out to Best Buy to spend money you don't have, the National Treasury did that job for you. Check out the rest in today's Founders TV Video and audio. To view the full show be sure and grab a Founders Pass right here...