Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Every Thing Else Board
A billion here a billion there and pretty soon
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="greybeard" data-source="post: 1592567" data-attributes="member: 18945"><p>Uh, no. This country has been in debt since the beginning. When G. Washington took office in 1789, the USA owed $41 million (in the form of 'continental bonds' ) to private citizens, merchants and businesses that had loaned the new country $$ to buy guns ammo and other provisions.. It also owed about $11 million to the French for both financial and military aid in beating the British in the revolutionary war.</p><p>It eventually became debt free by implementing and raising tariffs on all imported goods and starting a whiskey consumption tax. </p><p>The Brits made & poked quite a bit of fun at the new country for the newly implemented tariffs, as tariffs and taxes were 2 of the reasons the colonies gave for wanting independence to begin with.</p></blockquote><p></p>
[QUOTE="greybeard, post: 1592567, member: 18945"] Uh, no. This country has been in debt since the beginning. When G. Washington took office in 1789, the USA owed $41 million (in the form of 'continental bonds' ) to private citizens, merchants and businesses that had loaned the new country $$ to buy guns ammo and other provisions.. It also owed about $11 million to the French for both financial and military aid in beating the British in the revolutionary war. It eventually became debt free by implementing and raising tariffs on all imported goods and starting a whiskey consumption tax. The Brits made & poked quite a bit of fun at the new country for the newly implemented tariffs, as tariffs and taxes were 2 of the reasons the colonies gave for wanting independence to begin with. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Every Thing Else Board
A billion here a billion there and pretty soon
Top