“The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
“A public debt is a public curse.” That’s how James Madison put it, and he was right. Today, America is absolutely drowning in debt – and teetering on the brink. We’ve just hit a new, previously unthinkable milestone: a national debt of $35 trillion....
The national debt is a national curse. That’s not just our view, it’s how James Madison described it. I go on the principle that a Public Debt is a Public curse and in a Rep. Govt. a greater than in any other. That’s because, as Madison put it, debts are one of a...
