Submission + - America in debt
HomelessInLaJolla writes: "
"Create debt. Maintain debt. Keep people in debt. Work them until they die of debt.
Courtesy of the "This day in history" service part of the NYTimes daily e-mail delivery.
In 1941, President Roosevelt chose to saddle the American population with an increased debt that, as a nation, they had not truly acquiesced to. The 14th Amendment (specifically section 4), conveniently for those brokering power and money to the rest of us, stops citizens, or even states, from contesting the validity of that debt.
Some politicians (in particular, then Senator Wheeler of Montana) attempted to point out the ulterior motivation behind the Lend-Lease bill:
And it continues today. Inescapable debt is slavery."The American taxpayer must make up his mind now that we have given the President power to carry on undeclared wars all over the world. He is probably going to have his taxes doubled and the national debt will be $100,000,000,000 instead of $65,000,000,000 if the war lasts for any length of time.
"This is what the Morgans and the other international bankers asked for and I hope they like it.
"As far as I am concerned I will make no effort to tie the hands of the President regarding the appropriations. It is up to the conservative majority in the Senate to the money. They supported the bill."