Category: Quote of the Day

“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.

“The term ‘assault weapon’ has always been misleading and disingenuous. I have yet to see in all my years a ‘retreat rifle’, a ‘Mexican standoff rifle’, or an ‘advance slowly rifle’. All rifles are capable of inflicting fatal and near fatal wounds. They would be worthless if they weren’t so capable. If some look scarier than others, that would only help in their perceived effectiveness by the enemy and should help shorten the fight. Why would you want it any different? The most dangerous rifle is the one in the hands of a capable rifleman, regardless of type. The most …

“And this is the Father’s will which hath sent me, that of all which he hath given me I should lose nothing, but should raise it up again at the last day. And this is the will of him that sent me, that every one which seeth the Son, and believeth on him, may have everlasting life: and I will raise him up at the last day.” – John 6:39-40 (KJV)

“Know therefore that the LORD thy God, he [is] God, the faithful God, which keepeth covenant and mercy with them that love him and keep his commandments to a thousand generations; And repayeth them that hate him to their face, to destroy them: he will not be slack to him that hateth him, he will repay him to his face. Thou shalt therefore keep the commandments, and the statutes, and the judgments, which I command thee this day, to do them. Wherefore it shall come to pass, if ye hearken to these judgments, and keep, and do them, that the …

"Specie [gold and silver coin] is the most perfect medium because it will preserve its own level; because, having intrinsic and universal value, it can never die in our hands, and it is the surest resource of reliance in time of war." – Thomas Jefferson, in a letter to John Wayles Eppes, 1813

“You don’t know me, son. So let me explain this to you once: If I ever kill you, you’ll be awake, you’ll be facing me, and you’ll be armed.” – Nathan Fillion as Captain Malcolm “Mal” Reynolds, Firefly

"In preparing for battle I have always found that plans are useless, but planning is indispensable." – General Dwight D. Eisenhower

“Why does someone believe you when you say there are four billion stars, but check when you say the paint is wet?” – One of L.K.O.‘s favorite unattributed Paraprosdokian sentences.

"The Apocalypse will not be televised.  But all the semi-finals will probably make YouTube." – SurvivalBlog Reader J. McC.

“Grace [be] unto you, and peace, from God our Father, and [from] the Lord Jesus Christ. I thank my God always on your behalf, for the grace of God which is given you by Jesus Christ; That in every thing ye are enriched by him, in all utterance, and [in] all knowledge; Even as the testimony of Christ was confirmed in you: So that ye come behind in no gift; waiting for the coming of our Lord Jesus Christ: Who shall also confirm you unto the end, [that ye may be] blameless in the day of our Lord Jesus Christ. …