Thursday, March 06, 2008

Quote of the Day

From the Patriot Post:

"I own myself the friend to a very free system of commerce, and hold it as a truth, that commercial shackles are generally unjust, oppressive and impolitic - it is also a truth, that if industry and labour are left to take their own course, they will generally be directed to those objects which are the most productive, and this in a more certain and direct manner than the wisdom of the most enlightened legislature could point out." ~ James Madison (speech to the Congress, 9 April 1789)

Can't help but wonder what he'd think of today's Congress and the current regulations placed upon all industries that require lawyers and accountants just to figure out...

2 comments:

Thomas said...

I'd like to know what he thinks about the interstate commerce clause which somehow gave congress the ability to even regulate what one grows on one's own property. Ridiculous.

Tim Higgins said...

While we are at it, it would be interesting to hear Mr. Madison's thoughts on such things as closed shop states and the current uses of emminent domain.

I suspect that we would be looking at some literary vitriol that would leave the pages smoking.

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