Jim’s Quote of the Day:
“Gold is for the mistress, silver for the maid, Copper for the craftsman, cunning in his trade. ‘Good!’ said the Baron, sitting in his hall. But steel – cold steel is master of them all.” – Rudyard Kipling
“Gold is for the mistress, silver for the maid, Copper for the craftsman, cunning in his trade. ‘Good!’ said the Baron, sitting in his hall. But steel – cold steel is master of them all.” – Rudyard Kipling
“Therefore being justified by faith, we have peace with God through our Lord Jesus Christ: By whom also we have access by faith into this grace wherein we stand, and rejoice in hope of the glory of God. And not only [so], but we glory in tribulations also: knowing that tribulation worketh patience; And patience, experience; and experience, hope: And hope maketh not ashamed; because the love of God is shed abroad in our hearts by the Holy Ghost which is given unto us. For when we were yet without strength, in due time Christ died for the ungodly. For …
“Make a joyful noise unto the LORD, all ye lands. Serve the LORD with gladness: come before his presence with singing. Know ye that the LORD he [is] God: [it is] he [that] hath made us, and not we ourselves; [we are] his people, and the sheep of his pasture. Enter into his gates with thanksgiving, [and] into his courts with praise: be thankful unto him, [and] bless his name. For the LORD [is] good; his mercy [is] everlasting; and his truth [endureth] to all generations.” – Psalm 100 (KJV)
“Religion is a most cheerful and thing to practice, but a most sad and melancholy thing to neglect. The government of God in the soul is a government which regulates, but does not enslave. If we seriously consider what religion is, we shall find the saying of the wise King Solomon to be unexceptionably true: “Her ways are ways of pleasantness, and all her paths are peace.” The idea that religion is a kind of slavery, to which none can submit without sacrificing the natural enjoyments of life, has ever been the greatest hindrance to its advancement among mankind. How …
“All we need is for the Fed to live up to its promise that it has an exit strategy. I’m here to say that they don’t have an exit strategy. There isn’t an exit. A return to a normalization of interest rates, a withdrawal by the Fed and other central banks in their efforts to monetize debt and artificially suppress interest rates, as soon as that ceases, the system itself will freeze up just as it did a few years ago. The reason it will freeze up is the system can’t handle anything close to what would be considered historically …
“Gun registration does nothing… can do nothing… to curb gun violence. All it can do is tell you who the gun belonged to at some point in in the past, should you happen to find it dropped at the murder scene, next to the cooling body. At best it’s a placebo to the perpetually fearful, while at worst (and historically it’s nearly always been worst) it’s a prelude to confiscation.” – Tamara K. in her View From The Porch blog
"What is the meaning of a gold standard and a redeemable currency? It represents integrity. It insures the people’s control over the government’s use of the public purse. It is the best guarantee against the socialization of a nation. It enables a people to keep the government and banks in check. It prevents currency expansion from getting ever farther out of bounds until it becomes worthless. It tends to force standards of honesty on government and bank officials. It is the symbol of a free society and an honorable government. It is a necessary prerequisite to economic health. It is …
"All of us need to be reminded that the Federal government did not create the States, the States created the Federal Government." – Ronald Wilson Reagan, January 20, 1981
"The reasonings contained in these papers must have been employed to little purpose indeed, if it could be necessary now to disprove the reality of this danger. That the people and the States should, for a sufficient period of time, elect an uninterrupted succession of men ready to betray both; that the traitors should, throughout this period, uniformly and systematically pursue some fixed plan for the extension of the military establishment; that the governments and the people of the States should silently and patiently behold the gathering storm, and continue to supply the materials, until it should be prepared to …
“The wilderness and the solitary place shall be glad for them; and the desert shall rejoice, and blossom as the rose. It shall blossom abundantly, and rejoice even with joy and singing: the glory of Lebanon shall be given unto it, the excellency of Carmel and Sharon, they shall see the glory of the LORD, [and] the excellency of our God. Strengthen ye the weak hands, and confirm the feeble knees. Say to them [that are] of a fearful heart, Be strong, fear not: behold, your God will come [with] vengeance, [even] God [with] a recompence; he will come and …
"Give with a free hand, but give only your own." – The fictional character Sador, from Narn i Hîn Húrin: The Childhood of Túrin by J.R.R. Tolkien
“The problems we face today are there because the people who work for a living are outnumbered by those who vote for a living.” – Dan Cofall
"Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others." – Thomas Jefferson
“How complacent we become when we sit secure, hedged round by laws and protections a government may provide! How soon we forget that but for these governments and laws, there would be naught but savagery, brutality and starvation! For our age-old enemies await us always, just beyond our thin walls. Hunger, thirst and cold lie waiting there, and forever among us are those would loot, rape and maim, rather than behave as civilized men. If we sit secure this hour, this day, it is because the thin walls of the law stand between us and evil.” – Louis L’Amour, Fair …
"You’re going to see more social unrest. You saw huge riots in Greece, and you’re seeing huge riots in other parts of the world over food (and lack of food) and those are actually derivatives of the financial problems that we’re seeing. We’re exporting inflation to some other nations. Going forward it’s going to be a problem." – Kyle Bass