Jim’s Quote of the Day:
"I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." – President James Madison
"I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents." – President James Madison
"I wish it were possible to obtain a single amendment to our Constitution – taking from the federal government their power of borrowing." – Thomas Jefferson
“And with great power gave the apostles witness of the resurrection of the Lord Jesus: and great grace was upon them all.” – Acts 4:33 (KJV)
“If you are using the generator for ‘convenience’ then a failure is only an inconvenience. But if using a generator for ’emergency use’, then a failure is an emergency.” – Clare Snyder
"In the United States neither paper currency nor deposits have value as commodities. Intrinsically, a dollar bill is just a piece of paper, deposits merely book entries. Coins do have some intrinsic value as metal, but generally far less than their face value. What, then, makes these instruments – checks, paper money, and coins – acceptable at face value in payment of all debts and for other monetary uses? Mainly, it is the confidence people have that they will be able to exchange such money for other financial assets and for real goods and services whenever they choose to do …
“The speed with which end-time related events are breaking is staggering. You were born for such a time as this and you are an intricate part of God’s plan for this generation. See these trying times as a gift from God to you: He trusts you to serve Him at this time.” – Jan Markell
"If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible — but there it is." – …
"Experience has shown that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny." – Thomas Jefferson
"The school of experience has no free scholarship". – G. H. Scheidel, born 1897
“I beseech you therefore, brethren, by the mercies of God, that ye present your bodies a living sacrifice, holy, acceptable unto God, [which is] your reasonable service. And be not conformed to this world: but be ye transformed by the renewing of your mind, that ye may prove what [is] that good, and acceptable, and perfect, will of God. For I say, through the grace given unto me, to every man that is among you, not to think [of himself] more highly than he ought to think; but to think soberly, according as God hath dealt to every man the …
“Blessings [are] upon the head of the just: but violence covereth the mouth of the wicked.” – Proverbs 10:6 (KJV)
"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." – John Adams, 1826
“It is painfully difficult to decide whether to abandon some of one’s core values when they seem to be becoming incompatible with survival. At what point do we as individuals prefer to die than to compromise and live? Millions of people in modern time have indeed faced the decision whether, to save their own life, they would be willing to betray friends or relatives, acquiesce in a vile dictatorship, live as virtual slaves, or flee their country. Nations and societies sometimes have to make similar decisions collectively.” – Jared M. Diamond, Collapse: How Societies Choose to Fail or Succeed, 2005
"I am afraid the ordinary citizen will not like that the banks can and do create money. And they who control the credit of the nation direct the policy of the Governments and hold in the hollow of their hand the destiny of the people." – Reginald McKenna, Chairman of Midland Bank, 1924
"Money is the most important subject intellectual persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it is widely understood and its defects remedied very soon." – Robert H. Hemphill, Federal Reserve Bank of Atlanta