Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.
Frank ChodorovAll wars come to an end, at least temporarily. But the authority acquired by the state hangs on; political power never abdicates.
Frank ChodorovWe cannot restore traditional American freedom unless we limit the government's power to tax.
Frank ChodorovSince the State thrives on what it expropriates, the general decline in production that it induces by its avarice foretells its own doom. Its source of income dries up. Thus, in pulling Society down it pulls itself down. Its ultimate collapse is usually occasioned by a disastrous war, but preceding that event is a history of increasing and discouraging levies on the marketplace, causing a decline in the aspirations, hopes, and self-esteem of its victims.
Frank Chodorov