Saturday, October 22, 2011

Words of Wisdom

"No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: or no delay be more injurious, or an economy of time more valuable. ... Cherish public credit. One method of preserving it is to use it as sparingly as possible: avoiding occasions of expence [and] avoiding likewise the accumulation of debt ... not ungenerously throwing upon posterity the burthen which we ourselves ought to bear."

--George Washington, December 3, 1793

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