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Dependence Day. Americans Celebrate Free Stuff, Not Freedom – Ep. 264

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Manage episode 190367163 series 1694109
Content provided by Peter Schiff. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Peter Schiff or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Summary
Independence Day is a great American holiday, but it fills me with joy and sadness. I love to commemorate what America was, and the whole idea of what made America different. Once we declared our independence in 1776 the people created a government. We the people had all the power and we surrendered some of our power to form a limited government. The government was a creation of the people and they ceded some power to the government. This was unique. As a result of this limited government, this uniquely American way of life, America prospered and created the wealthiest country in the history or the world. So we celebrate the beginning of this experiment in freedom and limited government. Benjamin Franklin famously responded to the question, "What have you given us, Mr. Franklin?": "A republic, if you can keep it." We have become what the founding fathers feared most, a democracy.
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1409 episodes

Artwork
iconShare
 
Manage episode 190367163 series 1694109
Content provided by Peter Schiff. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Peter Schiff or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Summary
Independence Day is a great American holiday, but it fills me with joy and sadness. I love to commemorate what America was, and the whole idea of what made America different. Once we declared our independence in 1776 the people created a government. We the people had all the power and we surrendered some of our power to form a limited government. The government was a creation of the people and they ceded some power to the government. This was unique. As a result of this limited government, this uniquely American way of life, America prospered and created the wealthiest country in the history or the world. So we celebrate the beginning of this experiment in freedom and limited government. Benjamin Franklin famously responded to the question, "What have you given us, Mr. Franklin?": "A republic, if you can keep it." We have become what the founding fathers feared most, a democracy.
Our Sponsors:
* Check out Yahoo Finance: finance.yahoo.com
Privacy & Opt-Out: https://redcircle.com/privacy
  continue reading

1409 episodes

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