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Updated: June 9, 2025
Since the decay of the feudal system, by which the public defense was provided for chiefly at the expense of individuals, the system of loans has been introduced, and as no nation can raise within the year by taxes sufficient sums for its defense and military operations in time of war, the sums loaned and debts contracted have necessarily become the subjects of what have been called funding systems.
We'll increase funding to help states and communities train and equip our heroic police and firefighters. Homeland security will make America not only stronger, but, in many ways, better. Knowledge gained from bioterrorism research will improve public health. Stronger police and fire departments will mean safer neighborhoods. Stricter border enforcement will help combat illegal drugs.
And then, before I've recovered from that jolt, comes this human surprise package labeled Dorsett, who blows breezy into the Corrugated. Fair-haired Vincent, who still holds my old place on the brass gate, brings in his card. "William H. Dorsett?" says I. "Never heard of the party. Did he ask for Mutual Funding?" "No, Sir," says Vincent. "He asked for you, Sir." "How?" says I.
We must expand our work with Russia, Ukraine and other former Soviet nations to safeguard nuclear materials and technology so they never fall into the wrong hands. Our balanced budget will increase funding for these critical efforts by almost two-thirds over the next five years. With Russia we must continue to reduce our nuclear arsenals.
We'll increase funding to help states and communities train and equip our heroic police and firefighters. Homeland security will make America not only stronger, but, in many ways, better. Knowledge gained from bioterrorism research will improve public health. Stronger police and fire departments will mean safer neighborhoods. Stricter border enforcement will help combat illegal drugs.
Our administration's budget, with all its cuts, contains a large increase in funding for drug treatment and drug education. You must pass them both. We need then desperately. My fellow Americans, the problem of violence is an un-American problem. It has no partisan or philosophical element.
Its motto fits into three words: "Less is more". The minimal rules give much space to volunteers and to new ideas. The goal is to ensure its independence from loans and other funding and from ephemeral cultural priorities, to avoid pressure from politicians or economic interests.
Captive.com counts the advantages of self-insurance: "The alternative to trading dollars with commercial insurers in the working layers of risk, direct access to the reinsurance markets, coverage tailored to your specific needs, accumulation of investment income to help reduce net loss costs, improved cash flow, incentive for loss control, greater control over claims, underwriting and retention funding flexibility, and reduced cost of operation."
I can now remember only three, to wit the funding system, the navy, and the retaining or dismissal of federalists then in office. I lodged with Mr. Jefferson, and that night had a conversation with him, without his having the remotest idea of my object. Mr.
Grave judges appeared to his distempered vision in the guise of court lawyers and would-be ambassadors. The Cincinnati lowered over the Constitution eternally. The Supreme Court of the United States was the stronghold in which the principle of tyrannical power, elsewhere only militant, was triumphant. Hamilton's funding system was a scheme to corrupt the country.
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