freedom of printing?
Anybody know whether this attributed quote belongs to Franklin? "If all printers were determined not to print anything till they were sure it would offend nobody, there would be very little printed." Thanks, --220.127.116.11 21:06, 25 September 2006 (UTC)
When the people find that they can vote themselves money, that will herald the end of the republic.
I have seen this attributed to him elsewhere, but not sure of its provenance. Anyone can confirm or deny it? -- 18.104.22.168 00:40, 9 February 2007 (UTC)
Checking Google news, Google scholar and Google Books for "they can vote themselves money", I could find no attributions to Franklin earlier than 1988. By contrast, "time is money" is attributed to Franklin as early as 1850.--Nowa123 04:46, 24 February 2007 (UTC)
Wikiquote has a similar quote attributed to Alexander Fraser Tytler: 'A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury.' -- Traal 18:22, 8 December 2009 (UTC)
The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.
This is a variant expression of a sentiment which is often attributed to Tocqueville or Alexander Fraser Tytler, but the earliest known occurrence is as an unsourced attribution to Tytler in "This is the Hard Core of Freedom" by Elmer T. Peterson in The Daily Oklahoman (9 December 1951): "A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy."
Variant: The American Republic will endure, until politicians realize they can bribe the people with their own money.
idb: " It's also worth nothing that the European Central Bank has mostly refused to act as lender of last resort or do anything to loosen monetary policy in the way the Fed has. The Fed has had to be inventive in the face of inaction from Congress. The ECB hasn't even tried (until perhaps recently)."
wolfdreams01: "we're finally gaining ground in terms of crushing the unions"
It's weird there was like this kind of interesting thread about Europeans protesting against forced Austerity and then BAM outta nowhere, thread about the value of Unions in the US.
I'm a Brit and I've always been pro-Euro, always regretted that we didn't join, but this crisis has made it clear that the deep flaw in the Euro project was fiscal union without political union first.
I reckon that the unspoken assumption was always that political union would follow naturally from a shared currency. I've read conspiracy theories that suggest that this was a sinister plot by European federalists and that the crisis was an anticipated and necessary step to the New World Order (I'm paraphrasing, and I'm on a phone and can't find links).
But some people saw it coming. Wynne Godley, who was a very interesting character (see his piece on being taken for a ride by the cream of British psychiatry) basically called the Eurocrisis in 1992, following the Maatricht treaty.
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