Financial Independence, Fiscal Independence, Economic Independence Quotes

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There are some who believe that this quotation demonstrates more than any other Hoover’s blind spot regarding the non-rich in America which led to his inaction in the face of the Great Depression.


Vladimir Lenin. This is a classic Lenninism where he argues that the basic principles of Communism solve all problems. He never explains how the abolition of private property would lead to female freedom and independence. Nor is this point argued by other Marxist advocates. It was an almost knee-jerk opportunistic reaction not unlike modern conservatives for whom lower taxes are the cure for all ills. The fact that married women were considered the private property of their husbands was amenable to much less drastic solutions than the elimination of private property. Indeed, we have simply abolished wives from the property class and left other property private.


There was a movement to pay married women who were housewives to compensate them for the time they spend in, if nothing else, educating and bringing up male children who were educated. It was they who transmitted the values and many experts agree have more to do with a child’s education than the schools do. So this important and critical societal task was not remunerated as were all others. At the time, even many of the feminists held the view that society would be better off if women were homemakers and brought up the children. However, without any pay (and at the time few or no rights to a husbands earnings of assets) she was bound to be a second class citizen. That idea of housewife compensation obtained almost no support, and the only way for women to gain some kind of position and equality was to work outside the home—the condition that became the norm about 30 years after this was written.


Jefferson was of the opinion that a central bank was unconstitutional and that it was a great economic danger to the nation, a view also held later by President Andrew Jackson.


He was referring to attacking the Barbary States. The Barbary Pirates had an incredible extortion racket going in the Mediterranean. If nations would pay them an annual sum each year, they would not attack and seize merchant ships of that country and sell the ships and goods while holding the sailors for ransom. See {640846}.