A Few Quotes Worth Revisiting

Wow- our ‘baby’ is 21 today. Happy Birthday Caralyn Corso! 🙂 You were an incredible addition to our family 21 years ago. And we couldn’t be more proud of you as we are today. Can’t wait to see you next week with all your sisters home for Thanksgiving. Can you spell c-h-e-x m-i-x ? 😉

Not sure how to transition from that birthday greeting to what is on my mind today – the economy- but I find myself growing more perplexed and curious as to where all this financial mess in Washington is headed.

I did blog a few weeks ago on how my knowledge of the economy is quite limited; and maybe this is one of those times when the less you know, the better off you will be. But something inside of me just doesn’t want to buy into that old adage that ‘what you don’t know, won’t hurt you.”

Watching the growing line of CEO’s make their way to our nation’s capital looking for financial bailouts is disturbing, at best. These are uncertain times for our country as we navigate through unchartered waters. I just find it interesting that in the past few days, I was trying to find an old saying or quote I was vaguely familiar with and found it finally (with the help of a fellow teacher) along with a few others that are amazingly pertinent to the times we find ourselves in. So I thought I’d post them here …simply, because I can. :- )

In the 1780s, Alexander Tyler, a University of Edinburgh professor, stated that democracy was a transitory form of government – “Democracy can only exist until voters discover that they can vote themselves money from the public treasury. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the results that a democracy always collapses over loose fiscal policy followed by a dictatorship.”

Prosperity cannot be restored by raids upon the public Treasury.

Herbert Hoover

The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.

Alexis de Tocqueville