By Jacob Hornberger, CampaignForLiberty.com.
...When the Framers were deliberating over the Constitution, they were fully aware of the dangers to people's freedom and well-being posed by a profligate government. As British subjects, they had experienced firsthand the ever-increasing taxes imposed by their king to finance his ever-growing expenditures. As revolutionaries, they had also experienced the ravages that come with the inflation of a currency to finance government expenditures. That's what "Not Worth a Continental" referred to. As citizens living under the Articles of Confederation, they knew the damage that irredeemable paper money can bring to a society.
The first thing to keep in mind about the Constitution was its dual purpose: to bring into existence the federal government while, at the same time, protecting the nation from it. While the Framers understood the need for government, they also understood that that same government constituted the greatest danger to their freedom and well-being...
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Monday, November 9, 2009
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