Jim’s Quote of the Day:

"The Second Amendment is a doomsday provision, one designed for those exceptionally rare circumstances where all other rights have failed—where the government refuses to stand for reelection and silences those who protest; where courts have lost the courage to oppose, or can find no one to enforce their decrees. However improbable these contingencies may seem today, facing them unprepared is a mistake a free people get to make only once." – Ninth Circuit Judge Alex Kozinski




Jim’s Quote of the Day:

“In winter, lying in bed, I thought of one thing until my head hurt:  there, on the shelves in the shops, there had been canned fish.  Why hadn’t I bought it?  Why had I bought only eleven jars of cod-liver oil, and not gone to the chemist’s a fifth time to get another three?  Why hadn’t I bought a few vitamin C and glucose tablets?  These ‘whys’ were terribly tormenting.  I thought of every uneaten bowl of soup, every crust of bread thrown away, every potato peeling, with as much remorse and despair as if I’d been the murderer of …




Jim’s Quote of the Day:

“Jump down the shelters to get away The boys are cockin’ up their guns Tell us General is it party time? If it is can we all come? Don’t think that we don’t know Don’t think that we’re not tryin’, no no no Don’t think we move too slow It’s no use after cryin’ Sayin’ ‘It’s a mistake, it’s a mistake It’s a mistake, it’s a mistake.’” – Men At Work, “It’s A Mistake” (Lyrics by Colin Hay.)













Jim’s Quote of the Day:

“We are deceived when we consent to think about the ‘price of gold.’ At the very outset of our thoughts regarding gold, we are wrong, just as astronomers prior to Copernicus were wrong in thinking about the solar system as geo-centric, with the Sun, Moon and planets describing perfect circles around Earth. Gold is ? to follow the astronomical simile ? the center of the monetary universe, and the planets ? the currencies ? circle the Sun, which represents gold. The correct starting point is the price of a currency expressed in terms of gold, and not the other way around. When the price of the …







Jim’s Quote of the Day:

“Right now, the FOMC has ‘a tiger by its tail’ – it has lost control of monetary policy.  The Fed can’t stop buying assets because interest rates will rise and choke the recovery.  In short, today’s decision not to taper was driven by unimpressive economic data, the fear of a 3% yield on the 10 year Treasury and gridlock in Washington.  If the economy cannot handle a 3% yield on the 10 year, then the S&P 500 should not be north of 1700.  It is remarkable that the equity market continued to buy into easy money over economic growth.  QE3 …







Jim’s Quote of the Day:

“But now ye also put off all these; anger, wrath, malice, blasphemy, filthy communication out of your mouth. Lie not one to another, seeing that ye have put off the old man with his deeds; And have put on the new man, which is renewed in knowledge after the image of him that created him: Where there is neither Greek nor Jew, circumcision nor uncircumcision, Barbarian, Scythian, bond nor free: but Christ is all, and in all. Put on therefore, as the elect of God, holy and beloved, bowels of mercies, kindness, humbleness of mind, meekness, longsuffering; Forbearing one another, …




Jim’s Quote of the Day:

“And now, I beseech thee, let the power of my Lord be great, according as thou hast spoken, saying, The LORD is longsuffering, and of great mercy, forgiving iniquity and transgression, and by no means clearing the guilty, visiting the iniquity of the fathers upon the children unto the third and fourth generation.” – Numbers 14:17-18 (KJV)