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The Price of Security in 1798

I've been reading the book Six Frigates: The Epic History of the Founding of the U.S. Navy by Ian Toll recently. The book follows the beginning of the US Navy with all the political debate that went with it. I find it quite illuminating and interesting because the political discussion then is basically the same one going on today. Arguments are made for and against having a Navy. And at one point James Madison says this:

"If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy.

Of all the enemies to public liberty, war is perhaps the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few.

The loss of liberty at home is to be charged to the provisions against danger, real or imagined, from abroad." (from a letter to Thomas Jefferson, May 13, 1798)

This quote sounds like something Dr. Paul would say today. To think that the founders of our country were so aware of the dangers that they faced is astounding.

I bring this up for two reasons:

First, read the book if you have time, it's very well written and interesting.

Second, we as a nation have faced politicians using war (or even a perceived threat) to drum up the military industrial complex, raise taxes, and reduce our liberties since the very beginning of our country and yet we are still around. That brings me some hope. Yes things are different now. But at the same time they are not all that different. Perhaps the scale is different with how large our country is and how far reaching our technology is, but war-mongering is nothing new. As the old Hebrew scriptures say "there is nothing new under the Sun". What do you think?



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Don't Take Your Eye Off The Dollar

"Yes things are different now. But at the same time they are not all that different."

I do not mean to be combative, but things ARE "that different" than before if only for one reason: the dollar. Both the nature of dollar (in terms of being a fiat currency that is integrated into the entire economy of the world), as well as the precarious position the dollar is currently in (about to collapse), makes the times that we live in singularly different than any time in the history of man.

We are fast approaching "times that try men's souls".

In memory of our God, our religion, and freedom, and our peace, and our posterity"

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Actually Fail Gov…..I would look at it differently

The nature is more closely to now as then, The Continental Dollar had already failed fiat currency…..worth about 5 cents in purchasing power, which happens to be exactly were we are compared to the base year 1913.

The States debts had been assumed by the Congress (bailouts) and tax collecting at the Federal level wasn’t going that well ( if I remember correctly).

If you were making the point that “then” they had already gone through their calamity and were on the other side….excellent point…..if not I thought I would throw my thoughts in.

I agree...

we do not know what will happen in the future. If we all prepare as best we can and do the best we can, maybe things will turn out better than we expect? If not, at least we did the best we could. I dont think we should be intimidated into thinking the situation is hopeless.