by the Left Coast Rebel
This is just simply incredible. James Madison in Federalist #62 perfectly, concisely and absolutely clairvoyantly sums up the progressive-collectivization of our economy and nation today.
The 'uncertainty' that the Obamanation has foisted upon this nation:
Imagine what men of Madison's day of such incredible insight and Enlightened reasoning must think of our Boy-King, gelding of a Dear Leader today. Just imagine what they would think if they could only see us today.
In another point of view, great injury results from an unstable government. The want of confidence in the public councils damps every useful undertaking, the success and profit of which may depend on a continuance of existing arrangements. What prudent merchant will hazard his fortunes in any new branch of commerce when he knows not but that his plans may be rendered unlawful before they can be executed? What farmer or manufacturer will lay himself out for the encouragement given to any particular cultivation or establishment, when he can have no assurance that his preparatory labors and advances will not render him a victim to an inconstant government? In a word, no great improvement or laudable enterprise can go forward which requires the auspices of a steady system of national policy.
Stunning, just simply stunning. It reminds me of just how many aspects of Ayn Rand's Atlas Shrugged have turned into spot-on prophecy for our nation's ills today.
History repeats history precisely.
Clayton Cramer, a history teacher in Idaho, deserves the hat-tip for this. Go here to read other passages from the Federalist papers that apply to today's socialization of America.