Tuesday, July 07, 2009

Illinois Treasurer - "Years Of Mismanagement, Poor Leadership......"

A few remarks from the Illinois State Treasurer, some paraphrased because of his pauses - "Years of mismanagement, poor leadership, skimming the pension funds, sort of kicking the can down the street, skimming the funds sweep, not making the right decisions....."

Hmm. Let's see what history hath taught us about such folly.

"There is one safeguard known generally to the wise, which is an advantage and security to all, but especially to democracies as against despots. What is it? Distrust." -- Demosthenes,

"Those who have been once intoxicated with power and have derived any kind of emolument from it can never willingly abandon it." -- Edmund Burke

"Eternal vigilance is the price of freedom" -- Thomas Jefferson

"The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty." -- John Adams

"One man with courage makes a majority." -- Andrew Jackson

And finally, "Moral excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate acts, brave by doing brave acts." -- Aristotle

posted by TimingLogic at 9:40 AM