Ronald Reagan Quotes
We are for aiding our allies by sharing of our material blessings with those nations which share in our fundamental beliefs, but we're against doling out money government to government, creating bureaucracy, if not socialism, all over the world. We set out to help 19 countries. We're helping 107. We've spent 146 billion dollars. With that money, we bought a 2 million dollar yacht for Haile Selassie. We bought dress suits for Greek undertakers, extra wives for Kenya[n] government officials. We bought a thousand TV sets for a place where they have no electricity.
Reagan, Ronald. "A Time for Choosing." 27 Oct. 1964, Los Angeles, CA. Television broadcast.
1st Earl of Beaconsfield
The "spigot" refers to the fact that immediately after the 9-11 attack, huge sums of money were available and the Department of Homeland Security was created by moving many different agencies from other departments into the new department. There were poor or no fiscal controls, and at the same time the public officials of the new department were under such extreme pressure lest there might be another attack that they went forward with almost every scheme that anyone claimed would make the nation safer. Most were useless and some just frauds, and much money was wasted. What is particularly interesting about this quotation is that a high government official admitted that things were handled badly and money had been wasted.
Ronald Wilson Reagan was an American politician who served as the 40th president of the United States from 1981 to 1989 and became a highly influential voice of modern conservatism. Prior to his presidency, he was a Hollywood actor and union leader before serving as the 33rd governor of California from 1967 to 1975.