June 8, 2010 – Federalist No. 30 – Janine Turner
Tuesday, June 8th, 2010
Howdy from NYC! Today Cathy, Juliette and I had a very successful day promoting Constituting America! It is such a joy to promote the United States Constitution and the brilliant Federalist Papers. We were on Glenn Beck’s radio show this morning and then on Megyn Kelly’s show on Fox News this afternoon. Check out the links on our Facebook sites to view and they will be up on our site shortly.
How lucky we are to be able to study these great works together and I thank Janice R. Brenman for her wonderful insights today on Federalist Paper No. 30! I am also thrilled that we have many new bloggers today. Join us today and visit our archives if you desire to reflect upon our essays from the past 35 days.
There were, once again, many powerful and relevant points made in Federalist Paper No. 30 by Alexander Hamilton.
“I believe it may be regarded as a position, warranted by the history of mankind, that in the usual progress of things, the necessities of a nation, in every stage of its existence, will be found at least equal to its resources.”
The relevancy for America, and Americans, today is obviously our tremendous debt. We have built a huge conglomerate of necessities that are certainly not equal to our resources. This statement serves as a warning to us.
We have accumulated so much debt that our liberty cannot be sustained.
Another quote from Alexander Hamilton echoes our current dilemma.
“But who would lend to a government, that prefaced its overtures for borrowing by an act that demonstrated that no reliance could be placed on the steadiness of its measures for paying.”
What happens when we are so in debt that we cannot repay our lenders, such as China? What happens when we cannot pay our bills or even borrow money because we have “demonstrated that no reliance could be placed on the steadiness of its measures for paying.”
It is easy to spend other people’s money. This is what many of our Congressman and Representatives are doing. They are spending our money with absolutely no regard as to how it will be repaid – long after they are out of office. Our massive expenditures and social programs have no financial foundation.
May Alexander Hamilton’s dream not vanish, the “..hope to see the halcyon scenes of the poetic or fabulous age realized in America..”