Ana the Imp: The Wicked Debt of the West

British blogger Ana The Imp is nearly always erudite and she has proven to be so again in her most recent piece on the “Debt Crisis.”  We share her desperation and frustration.

Ana the Imp: The Wicked Debt of the West.

In Federalist Number Ten James Madison wrote that “Democracies have ever been spectacles of turbulence and contention; they have been found incompatible with personal security or the rights of property; and have in general been as short in their lives as they have been violent in their deaths.”

But America has ignored Madison’s warning; America advanced towards a form of pork barrel democracy which has all but destroyed the securities built into the system by the Founders. Executive power, from Lincoln, to Wilson, to Roosevelt and beyond has increased beyond all measure, as has fiscal irresponsibility, the attack on property, the misuse of taxation, the appalling dependence of a great part of the population on government, something that would have horrified Madison and Jefferson.  

Read the rest of Ana’s article.