Hugh’s Quote of the Day:
“The headquarters of Al Qaeda is in Langley, Virginia.” – Jim Willie
“The headquarters of Al Qaeda is in Langley, Virginia.” – Jim Willie
“Labour was the first price, the original purchase – money that was paid for all things. It was not by gold or by silver, but by labour, that all wealth of the world was originally purchased.” – Adam Smith, a Scottish moral philosopher. (Author of “An Inquiry into the Nature and Causes of the Wealth of Nations”, 1776)
“Go to now, ye rich men, weep and howl for your miseries that shall come upon you. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth. …
“Come, my people, enter thou into thy chambers, and shut thy doors about thee: hide thyself as it were for a little moment, until the indignation be overpast. For, behold, the Lord cometh out of his place to punish the inhabitants of the earth for their iniquity: the earth also shall disclose her blood, and shall no more cover her slain.” Isaiah 26:20,21 (KJV)
“To speak of collapse, peak oil, demise, downturns, economic depression, or unraveling is anathema, because it rattles the rice paper-thin bulwarks we have constructed around darkness and death.” – Carolyn Baker, Collapsing Consciously: Transformative Truths for Turbulent Times
“When you fight for principle, you win even when you lose!” – Columnist Don Feder
“No one likes change but a wet baby.” – Mark Twain
“The thing was, though: When James Wait got there, a worldwide financial crisis, a sudden revision of human opinions as to the value of money and stocks and bonds and mortgages and so on, bits of paper, had ruined the tourist business not only in Ecuador, but practically everywhere…Ecuador, after all, like the Galapagos Islands, was mostly lava and ash, and so could not begin to feed its nine million people. It was bankrupt, and so could no longer buy food from countries with plenty of topsoil, so the seaport of Guayaquil was idle, and the people were beginning to …
“The general sentiment of mankind is that a man who will not fight for himself, when he has the means of doing so, is not worth being fought for by others, and this sentiment is just. For a man who does not value freedom for himself will never value it for others, or put himself to any inconvenience to gain it for others… The whole history of the progress of human liberty shows that all concessions yet made to her august claims have been born of earnest struggle. The conflict has been exciting, agitating, all-absorbing, and for the time being, …
“When the people therefore saw that Jesus was not there, neither his disciples, they also took shipping, and came to Capernaum, seeking for Jesus. And when they had found him on the other side of the sea, they said unto him, Rabbi, when camest thou hither? Jesus answered them and said, Verily, verily, I say unto you, Ye seek me, not because ye saw the miracles, but because ye did eat of the loaves, and were filled. Labour not for the meat which perisheth, but for that meat which endureth unto everlasting life, which the Son of man shall give …
“Behold, a king shall reign in righteousness, and princes shall rule in judgment. And a man shall be as an hiding place from the wind, and a covert from the tempest; as rivers of water in a dry place, as the shadow of a great rock in a weary land. And the eyes of them that see shall not be dim, and the ears of them that hear shall hearken. The heart also of the rash shall understand knowledge, and the tongue of the stammerers shall be ready to speak plainly.” – Isaiah 32:1-4 (KJV)
“It is the spirit we bring to the fight that decides the issue.” – Douglas MacArthur
“The Napoleonic Wars gave the French the word bistro as a reminder of the rude, conquering Russian officers who demanded quick service in French cafes. Bystro means quick in Russian. Russian, in turn, got sheramiz avat, meaning to beg. Hardly any Russian today knows it, but this word comes from the French phrase cher ami. The starving, freezing French soldiers, retreating in disarray after the defeat at Borodino, would knock at the doors of Russian farmhouses and implore the farmers for food, crying: cher ami!” – Cameron Sawyer
"Controversy for its own sake is a sin. But controversy for the sake of the truth is a divine mandate." – Joe Dallas (from a lecture series at Southern Seminary)
“The Fed’s policy of monetizing one trillion dollars of bonds annually put pressure on the US dollar, the value of which declined in terms of gold. When gold hit $1,900 per ounce in 2011, the Federal Reserve realized that $2,000 per ounce could have a psychological impact that would spread into the dollar’s exchange rate with other currencies, resulting in a run on the dollar as both foreign and domestic holders sold dollars to avoid the fall in value. Once this realization hit, the manipulation of the gold price moved beyond central bank leasing of gold to bullion dealers in …