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“Avoid, likewise, the accumulation of debt”: another warning from Washington’s Farewell Address.
11 条评论

Debt is slavery. Do you know who advised us to take out as many credit cards as possible and charge them to the limit? The Banks, who earn interest and penalties. Warren Buffett once said, "The world has a plan for your money, if you don't".

How about using the constitutional way to reign in a corrupt overspending federal government since Congress will never limit themselves? Twenty states have passed the COS resolution (my state of Kansas just passed it this year). Need 14 more states to pass per Article V of the US Constitution in order to call a convention to propose amendments.

Your teeth look great!

them cheeks

Ohhh

The only question is the degree of horror and betrayal Washinton would experience were he to learn of his namesake city's machinations.

Without American debt how else would we become slaves to those that shall not be named!

Manageable debt to buy assets can create a fortune. Unmanageable debt to buy anything can destroy a fortune.

Wise beyond his years for sure. Would Washington be your favorite founding father? Or someone else, if you had to pick one?

40 trillion?

Amazing how the founders could forecast the future without the help of AI.

