Category: Quote of the Day

"Good money must have an intrinsic value. The United States of America cannot make its shadow legal tender for debts payable in money without ultimately bringing upon their foreign commerce and their home industry a catastrophe, which will be the more overwhelming the longer the day of wrath puts off its coming." … "From the decision of the court I see only evil likely to follow. There have been times within the memory of all of us when the legal-tender notes of the United States were not exchangeable for more than one-half of their nominal value. The possibility of such …

"What we do on some great occasion will probably depend on what we already are; and what we are will be the result of previous years of self-discipline." – Henry Parry Liddon

“Treason doth never prosper: what’s the reason? Why if it prosper, none dare call it treason.” – John Harrington, Epigrams (1618) bk. 4, no. 5 ‘Of Treason’

"All tyranny needs to gain a foothold is for people of good conscience to remain silent." – Thomas Jefferson

“…They were two perfectly insignificant and incapable individuals, whose existence is only rendered possible through the high organization of civilized crowds. Few men realize that their life, the very essence of their character, their capabilities and their audacities, are only the expression of their belief in the safety of their surroundings. The courage, the composure, the confidence; the emotions and principles; every great and every insignificant thought belongs not to the individual but to the crowd: to the crowd that believes blindly in the irresistible force of its institutions and of its morals, in the power of its police and …

For I have received of the Lord that which also I delivered unto you, That the Lord Jesus the [same] night in which he was betrayed took bread: And when he had given thanks, he brake [it], and said, Take, eat: this is my body, which is broken for you: this do in remembrance of me. After the same manner also [he took] the cup, when he had supped, saying, This cup is the new testament in my blood: this do ye, as oft as ye drink [it], in remembrance of me. For as often as ye eat this bread, …

“But if the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take [any] person from among them, he is taken away in his iniquity; but his blood will I require at the watchman’s hand. So thou, O son of man, I have set thee a watchman unto the house of Israel; therefore thou shalt hear the word at my mouth, and warn them from me.”  Ezekiel 33:6-7 (KJV)

"There is no criminal class in America, besides Congress." – Mark Twain

"The only place where success comes before work is in the dictionary."  – Donald Kendall

“What remains are games of musical chairs, Ponzi schemes, frauds, swindles, stonewalls, ruses, ploys, scams, dodges, bluffs, subterfuges, QE martingales, interventions, rehypothecations, pretenses and other modes of evading or disguising reality. The reality is that there is not enough real wealth to go around, certainly not enough to cover the giant web of obligations that masquerades as ‘money.’” – James Howard Kunstler in an essay titled The Cyprus Fiasco Is A Metaphor For The Entire Global Financial System

"To see why stock prices and hiring are not correlated, imagine yourself as the owner of a pizza shop. The economy has been bad, and people are buying less pizza, so you fire two of your cooks and reduce the number of pies you prepare. Suddenly, your cousin Ben wins the lottery and decides to give you $10,000 for a piece of your business. Now that you have another 10 grand in the bank, and your business is worth a bit more, are you suddenly going to hire back the two cooks to make more pies that nobody will buy? …

"Why do you allow these men who are in power to rob you step by step, openly and in secret, of one domain of your rights after another, until one day nothing, nothing at all will be left but a mechanised state system presided over by criminals and drunks?" –  Die Weisse Rose (The White Rose), Resistance Leaflet 3, 1942

“But the end of all things is at hand: be ye therefore sober, and watch unto prayer. And above all things have fervent charity among yourselves: for charity shall cover the multitude of sins. Use hospitality one to another without grudging. As every man hath received the gift, [even so] minister the same one to another, as good stewards of the manifold grace of God. If any man speak, [let him speak] as the oracles of God; if any man minister, [let him do it] as of the ability which God giveth: that God in all things may be glorified …

"This is no time for ceremony. The question before the House is one of awful moment to this country. For my own part, I consider it as nothing less than a question of freedom or slavery; and in proportion to the magnitude of the subject ought to be the freedom of the debate. It is only in this way that we can hope to arrive at truth, and fulfil the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offence, I should consider myself as …

"Private rights once surrendered are unlikely ever to be recovered fully." – Robert Higgs, Economic Historian and Author of Crisis and Leviathan:  Critical Episodes in the Growth of American Government (1989)