(Content taken from newsletter IMPRIMUS published by Hillsdale College),
Greetings my good friends. For those of you who wisely follow my blog efforts, 3 times a week, and which are loaded with pertinent wisdom specifically chosen for insert in my blog title, Religion or Politics. Today is the 2nd Pillar of the considered Platform for Constitutional Government. The First Pillar of course was in my last blog last friday, and before that check my archives, especially the one with the quote from Abraham Lincoln. Now, onward and upward:
Pillar 2. Economic Liberty is inversely proportional to governmental intrusion to the lives of citizens.
The platform upon which Abraham Lincoln was elected president stated "that the people justly view with alarm the reckless extravagance which pervades every department of the Federal Government". It urged "a return to rigid economy and accountability" that "is indispensable to arrest the systematic plunder of the public treasury by favorite partisans......." Likewise today:
A. American economic recovery requires that we liberate the American people to work, to save, and to invest, secure in their property, confident about the dollar as a store of value, and sure tht the government will be an impartial enforcer of the law and of contracts.
B In all administrtion of federal programs we must demand the utmost economy, and that every care be taken to avoid further growth and sprawl in the federal administrative establishment.
C. Our massive public investment in entitlement programs must be protected through privatization programs, which should utilize the real practices of insurance against catastrophe and of savings for future needs. In this process our investment must be safeguarded from loss, as the government must keep its contracts.
D. Sound money is among the most sacred of the federal government's responsibilities and price stability should be the aim of monetary policy.
E. The federal government must not subsidize corporations or individuals in its tax code or any other policy.
F. Philanthropy is the natural outgrowth of American principles and institutions. It should be encouraged and relied upon, along with local and state government, as the great engine of social reform, and the amelioration of distress.
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