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I place economy among the first and most important
virtues, and public debt as the greatest of dangers to
be feared.... To preserve our independence, we must
not let our rulers load us with perpetual debt.... We
must make our choice between economy and liberty
or profusion and servitude.... If we run into such
debts, we must be taxed in our meat and drink, in our
necessities and our comforts, in our labors and in our
amusements.... If we can prevent the Government
from wasting the labors of the people, under the
pretense of caring for them, they will be happy.
-- Thomas Jefferson
Greenspan calls for an end to the Federal
Reserve and a return to the gold standard.