Category: Quote of the Day

"Tis far better to have a stout heart always and suffer ones share of evils, than to be forever fearing what may happen." – Herodotus

“For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his Son into the world to condemn the world; but that the world through him might be saved. He that believeth on him is not condemned: but he that believeth not is condemned already, because he hath not believed in the name of the only begotten Son of God. And this is the condemnation, that light is come into the world, and men loved darkness rather than light, because their deeds …

“Restore unto me the joy of thy salvation; and uphold me [with thy] free spirit. [Then] will I teach transgressors thy ways; and sinners shall be converted unto thee.” – Psalm 51:12-13 (KJV)

“But fame is theirs – and future days On pillar’ d brass shall tell their praise; Shall tell – when cold neglect is dead – “These for their country fought and bled.” – Philip Freneau

"Prepare for the unknown by studying how others in the past have coped with the unforeseeable and the unpredictable." – Gen. George S. Patton

“If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn out welfare society. I think the labor laws are outdated. The labor laws induce sloth, indolence, rather than hard-working. The incentive system is totally out of whack. Why should, for instance, within [the] euro zone some member’s people have to work to 65, even longer, whereas in some other countries they are happily retiring at 55, languishing on the beach? This is unfair. The welfare system is good for any society to reduce the gap, to help those …

"Paper is poverty,… it is only the ghost of money, and not money itself." – Thomas Jefferson, in a letter to Edward Carrington, 1788.

“Beyond the path of the outmost sun through utter darkness hurled- Farther than ever comet flared or vagrant star-dust swirled- Live such as fought and sailed and ruled and loved and made our world.   They are purged of pride because they died; they know the worth of their bays; They sit at wine with the Maidens Nine and the Gods of the Elder Days- It is their will to serve or be still as fitteth Our Father’s praise.   ‘Tis theirs to sweep through the ringing deep where Azrael’s outposts are, Or buffet a path through the Pit’s red …

"Oh, the wonders [the gospel] will accomplish! It wipes guilt from the conscience, rolls the world out of the heart, and darkness from the mind…It will put honey into the bitterest cup, and health into the most diseased soul. It will give hope to the heart, health to the face, oil to the head, light to the eye, strength to the hand, and swiftness to the foot. It will make life pleasant, labour sweet, and death triumphant. It gives faith to the fearful, courage to the timid, and strength to the weak. It robs the grave of its terrors and …

“Once the euphoria of the initial announcement faded and as people have begun to closely examine the details of the European debt deal, they have started to realize that this “debt deal” is really just a “managed” Greek debt default. Let’s be honest – this deal is not going to solve anything. All it does is buy Greece a few months. Meanwhile, it is going to make the financial collapse of other nations in Europe even more likely. Anyone that believes that the financial situation in Europe is better now than it was last week simply does not understand what …

“Let’s do some quick math. If you add up the value of every stock on the planet, the entire market capitalization would be about $36 trillion. If you do the same process for bonds, you’d get a market capitalization of roughly $72 trillion. The notional value of the derivative market is roughly $1.4 quadrillion.” – Graham Summers, The One Market The Fed Doesn’t Want You To Know About

“Regulators here and in Europe have no idea — repeat, no idea — of the full extent of the derivatives exposure that could be triggered by an “official” Greek default, or by the failure of a major French bank. And if the people in charge have no clue as to the fallout from what may be trillions of dollars in side bets waiting to be triggered in a catastrophic cascade, they’re basically flying blind.” – Matt Miller, in a Washington Post editorial on derivatives titled: Europe’s debt crisis and the danger we can’t see

“Money can’t buy happiness, but it sure makes misery easier to live with.” – One of L.K.O.‘s favorite unattributed Paraprosdokian sentences

"Should these speculations (on the future of humanity) be found doubtful or fallacious, there still remains a more humble source of comfort and hope. The discoveries of ancient and modern navigators, and the domestic history or tradition of the most enlightened nations, represent the human savage naked both in mind and body, and destitute of laws, of arts, of ideas, and almost of language. From this abject condition, perhaps the primitive and universal state of man, he has gradually arisen to command the animals, to fertilise the earth, to traverse the ocean, and to measure the heavens. His progress in the improvement …

“The more you know, the less you carry.” – Mors Kochanski, the grandfather of Canadian Bushcraft, and author of Bushcraft and Northern Bushcraft.