On the record
It is probably the first debt ever assuming the title of Consolidation that did not express what the amount of the sum consolidated was.
Said by
Edmund Burke
Source
gutenberg.orgIt is probably the first debt ever assuming the title of Consolidation that did not express what the amount of the sum consolidated was.
Burke critiques the terminology used in describing a debt consolidation that lacks clarity on the amount involved.
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More from Edmund Burke
Every honest mind, every true lover of liberty and humanity, must rejoice to find that injustice is not always good policy, nor rapine the high-road to riches.
In all this procedure I can discern neither the solid sense of plain dealing nor the subtle dexterity of ingenious fraud.
It is the greatest of all possible evils; for it is folly, vice, and madness, without tuition or restraint.
Rome, under her emperors, united the evils of both systems; and this unnatural combination was one great cause of her ruin.