Dec 17, 2007

Howard Buffett on anti-Communist cover for government spending

In the pattern developed through the war years [World War II] of deficit spending, this administration combination would dress up every spending scheme as vital in their anti-Communist program. Attempts at economy would again be smeared as reactionary efforts to save dollars at the cost of the lives of American boys. Patriots who try to bring about economy would be branded as Stalin lovers. The misery of the people, from continued militarism and inflation, would soon become unbearable. As their anguished protests became vocal, the shackles of regimentation and coercion, so lately thrown off, could be refastened in the name of stopping communism at home.

~ Congressman Howard Buffett, March 18, 1947

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