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These basic American beliefs, principles, and attitudes are threatened today as never before ... by 3 groups:
1 - They are threatened by well-meaning but uninformed people who see the shortcomings of our economic system and believe they can legislate them out of existence. They try to reach the promised land by passing laws. They do not understand our economic system and its limitations. They would load it down with burdens it was never intended to carry. As their schemes begin to break down, more and more controls must be supplied. Patch is placed upon patch,... by degree, freedom is lost without our desiring to lose it and without our knowing why or how it was lost.
2 - self-seeking men who see in government legislation a way to obtain special privileges for themselves or to restrain their competitors ... These people have no love for freedom or enterprise. ... They would learn the value of freedom only after it was gone.
3 - A third, still much smaller group is dedicated to the overthrow of the economic and social system that is our tradition. Their philosophy does no stem from Jefferson, but is foreign to our shores. ...These men understand our system thoroughly and they hate it thoroughly. They enlist innocent but willing followers from the uninformed and the unprincipled. Through rabble-rousing and demagoguery they play upon the economic reverses and hardships of the unsuspecting. They promise the impossible, and call black white, and mislead with fallacies masqueraded as truthShare
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