In my previous post I quoted from the Declaration of Independence. "...certain unalienable Rights, that among these are Life, Liberty and the Pursuit of Happiness." But I find that the next line is the real remarkable one. It just didn't fit in with the previous post. So I will insert it here:
"...Life, Liberty, and the Pursuit of Happiness. That to secure those rights , Governments are instituted among men, deriving their just power from the consent of the governed, that whenever any form of Government becomes destructive of these ends, it is the right of the people to alter or abolish it and to institute new government."
Also, there was something that Gordon Brown, the prime minister of Britain, said the other day at the World Economic Forum, in Davos, Switzerland about the British takeover of the Bank of Scotland. Says Brown, “This is not about whether to nationalize banks or not—this is about the resumption of lending, and how that can happen.” Brown said that the word “credit” relates to “belief” or “trust.” And that what we are having is “a crisis of confidence” and of “trust in the banking system..."
That is what must be restored. I find it interesting that the confidence of the people in our governments too must be restored. It is also interesting that people have stopped spending beyond necessities. How can a people understand that in times of economic uncertainty that money must be conserved and protected and how can a government not? I think that the government must cut back also and re-gain the people's trust, not spend and shatter their confidence.
(Thanks to Jay Nordlinger, National Review Online, for his Davos reporting.)
D.
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1 comment:
Thanks for your birthday greeting! It just reminded me that someone from the States sent me a check I should cash...and go out and spend!
Hope you're keeping well.
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