Detailed text transcripts for TV channel - MSNBC - 20121121:20:38:00
Weren't for debt we wouldn't be the country we are today, would we? >> that's right. i mean, we could not have expanded west. there's an image of freehold pioneers, you know, broadening in to the west. relying on nothing but the first institution that really spreads america to the west is the store. the store provides the european goods that are necessary, plow points and all these other sorts of things and we borrow and borrow to make it possible. we cannot have settled louisiana without a lot of debt. not just louisiana purchase which was financed in france, but also, you know, a lot of the ...
Source: news source