Editorial
Investor's Business Daily
November 2, 2010
Founding Principles: Voters onTuesday will take a measure of power away from those now running Washington. More than two centuries ago, George Washington warned of such rulers.
As Americans exercise their precious right to vote, it's well to consider the words of the man who led the Continental Army and helped establish our unrivaled system of free government. What could make this newly born country, the United States of America, great? George Washington told us shortly after his unanimous election as president in 1789.
In a letter to Lafayette, Washington promised "my endeavors shall be unremittingly exerted ... to establish a general system of policy, which if pursued will ensure permanent felicity to the Commonwealth."
"I think I see a path, as clear and as direct as a ray of light, which leads to the attainment of that object," Washington wrote. "Nothing but harmony, honesty, industry and frugality are necessary to make us a great and happy people."
Have we ever in American history seen a group of politicians for whom frugality is of less value than the Democrats now running Congress and the White House?
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