Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

“There's no such thing as a free lunch.”     Milton Friedman

September 8, 2009

Quote Of The Day

by Doug Mataconis

“Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren, America has a debt problem and a failure of leadership.”

— Senator Barack Obama (Ill), 2006

We need to raised the debt ceiling above $ 12 Trillion.

— President Barack Obama, 2009.

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3 Comments

  1. Of course.

    Comment by Red — September 8, 2009 @ 12:52 pm
  2. Linked you.

    Comment by Red — September 8, 2009 @ 12:57 pm
  3. I used to be against raising the federal debt limit, but the Concord Coalition sold me http://www.concordcoalition.org/issue-briefs/2009/0813/understanding-federal-debt-limit

    The vote against raising the debt limit is a purely political move. We shouldn’t get into a situation where we need to raise the debt limit, but if we are in that situation, we can choose a rock or a harder place. I prefer the rock.

    Comment by Ben — September 9, 2009 @ 12:50 am

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