Global Economic Intersection
Advertisement
  • Home
    • 카지노사이트
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
    • 카지노사이트
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

America: Be Thankful to Our Founding Fathers

admin by admin
November 27, 2013
in Uncategorized
0
0
SHARES
42
VIEWS
Share on FacebookShare on Twitter

Written by Frank Li

Tomorrow (November 28, 2013) is “Thanksgiving” in the U.S. Aside from having a family get-together, turkey, and watching football, what do you do? Thinking about and thanking anybody and everybody in your mind, right?

I’d like to thank our founding fathers, with a remainder that all Americans should be thankful to them, as we owe them everything …


1. Who are the founding fathers?

According to Wikipedia,

The Founding Fathers of the United States of America were political leaders and statesmen who participated in the American Revolution by signing the United States Declaration of Independence, taking part in the American Revolutionary War, and establishing the United States Constitution. Within the large group known as the “Founding Fathers”, there are two key subsets: the Signers of the Declaration of Independence (who signed the United States Declaration of Independence in 1776) and the Framers of the Constitution (who were delegates to the Constitutional Convention and took part in framing or drafting the proposed Constitution of the United States). A further subset is the group that signed the Articles of Confederation.[2]

Many of the Founding Fathers owned African American slaves and the Constitution adopted in 1787 sanctioned the system of slavery.[3] The Founding Fathers made successful efforts to contain or limit slavery throughout the United States and territories, including banning slavery in the Northwest Ordinance of 1787, and abolishing the international slave trade in 1807.

Some historians define the “Founding Fathers” to mean a larger group, including not only the Signers and the Framers but also all those who, whether as politicians, jurists, statesmen, soldiers, diplomats, or ordinary citizens, took part in winning American independence and creating the United States of America.[4] Historian Richard B. Morris in 1973 identified the following seven figures as the key Founding Fathers: John Adams, Benjamin Franklin, Alexander Hamilton, John Jay, Thomas Jefferson, James Madison, and George Washington.[5] Three of these (Hamilton, Madison and Jay) were authors of the Federalist Papers, advocating ratification of the Constitution.

2. What is so special about our founding fathers?

They were all imperfect men! For example, many were slave-owners and some were notorious womanizers.

They were all experienced and wise men! Together, they created a marvelous piece of framework for America, which has proven to be the best on earth over the past 200 plus years!

Better yet, they left us with two pieces of invaluable advice as follows:

  1. America was founded as a republic, not a democracy (i.e. specifically without one person, one vote)!

  2. The Constitution should be changed over time, as no human being could have been so wise as to foresee every possible future circumstance.

Let’s look at democracy and the Constitution more closely …

2.1 On democracy

Do you agree with them?

Unfortunately, over the past 200 years, America has progressively morphed itself into a full-blown democracy (i.e. one person, one vote), resulting in so much trouble today, with no easy way out – exactly as predicted by the founding fathers, more than 200 years ago!

2.2 On the Constitution

Yes, it has been right for America to amend its Constitution over the past 200 plus years. Unfortunately,

  1. Some amendments were wrong (e.g. changing the top political offices from unpaid to paid).

  2. Some items in the original Constitution are simply out of date, such as the minimum age for the American Presidency which remains at 35 (American Presidency: Raising The Minimum Age to 55!).

  3. We must have a new amendment: term-limits for Congress!

In other words, while we have progressed over time (e.g. women can vote now, as can the minorities), we have made mistakes too, with the worst being some Presidential screw-ups.

3. Presidential screw-ups

Three examples:

  1. President Kennedy: Within 20 years, JFK will be recognized as the worst American President ever, when America finally realizes the magnitude of the damage he caused by allowing public-sector unions in 1962 (Executive Order 10988). As America fails, city by city and state by state, due to unaffordable wages, perks, and pensions for public-sector employees, the collapse will rightfully be attributed to him. Now, why 20 years? It’s a measurement to see which one will last longer: American democracy (69 years from 1964 to 2033) or Soviet communism (74 years from 1917 to 1991)

  2. President George W. Bush: The Iraq War.

  3. President Barack Obama: Obamacare. My fellow Americans, if you still have any doubt, look at this image and think …

4. Discussion

Throughout human history, great nations have risen and fallen. They rose for one and only one reason: they were exceptional for a period of time. They fell primarily for one reason as well: self-destruction!

Which country is rising (again), after falling badly? China! For more, read: America: What is China, Anyway?

Which country is falling? All the major democracies! Specifically,

  • Is Japan falling? Yes! For more, read: America: What is Japan, Anyway?

  • Is EU falling? Yes! For more, read: America: What is EU, Anyway?

  • Is the U.S. Falling? Yes! For more, read: What is America, Anyway?

  • Should the U.S. fall? No!

  • Should the U.S. fall so precipitously? Hell no!

5. Closing

History is always the best judge for greatness. Look at America today and look at the framework on which America was founded, and you will be amazed to see the wisdom of our founding fathers.

America is still standing tall today, largely because of this framework and its momentum, despite all the screw-ups by the later generations, especially President Kennedy and President Obama! For more, read my first book: “Saving America, Chinese Style”.

For a complete solution, read my new book: “The GOP Bible for 2016”!

Happy Thanksgiving!

Previous Post

Shoppers, Get Ready! Small Cap Retailers to Watch

Next Post

What We Read Today 27 November 2013

Related Posts

Addresses With Over 1 Bitcoin Surge To New Highs: Investor Optimism Soars
Econ Intersect News

Addresses With Over 1 Bitcoin Surge To New Highs: Investor Optimism Soars

by John Wanguba
September 29, 2023
Unlocking the Future: Google's Game-Changing Move to Advertise NFT Games Starting September 15th
Business

Unlocking the Future: Google’s Game-Changing Move to Advertise NFT Games Starting September 15th

by John Wanguba
September 8, 2023
Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by John Wanguba
August 5, 2023
Can Worldcoin Overtake Bitcoin?
Economics

Can Worldcoin Overtake Bitcoin?

by John Wanguba
August 4, 2023
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures

by John Wanguba
August 4, 2023
Next Post

What We Read Today 27 November 2013

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Archives

  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • Addresses With Over 1 Bitcoin Surge To New Highs: Investor Optimism Soars
  • Unlocking the Future: Google’s Game-Changing Move to Advertise NFT Games Starting September 15th
  • Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.