Jim’s Quote of the Day:
“Its called it ‘The American Dream’ because you have to be asleep to believe it.” – the late George Carlin (1937-2008)
“Its called it ‘The American Dream’ because you have to be asleep to believe it.” – the late George Carlin (1937-2008)
A “must watch” video by Peter Schiff: Operation Screw: The Fed goes all-in on QE. The Fed is attempting to create another, larger housing bubble. What Does A $4 Trillion Fed Balance Sheet Mean For Gold And Oil? (Thanks to B.B. for the link.) G.G. sent this essay by Nicholas Eberstadt: A Nation of Takers: America’s Entitlement Epidemic World War III: the unthinkable cost of preserving the petrodollar Items from The Economatrix: Mish: Canadian Exports Collapse, Expect Plunge in GDP Jim Rogers: QE3 Will Make The Fed “Look Like Fools Again” Why Wages for Jobs Aren’t Rising
“Beloved, when I gave all diligence to write unto you of the common salvation, it was needful for me to write unto you, and exhort [you] that ye should earnestly contend for the faith which was once delivered unto the saints. For there are certain men crept in unawares, who were before of old ordained to this condemnation, ungodly men, turning the grace of our God into lasciviousness, and denying the only Lord God, and our Lord Jesus Christ. I will therefore put you in remembrance, though ye once knew this, how that the Lord, having saved the people out …
“And I will execute judgments upon Moab; and they shall know that I [am] the LORD. Thus saith the Lord GOD; Because that Edom hath dealt against the house of Judah by taking vengeance, and hath greatly offended, and revenged himself upon them; Therefore thus saith the Lord GOD; I will also stretch out mine hand upon Edom, and will cut off man and beast from it; and I will make it desolate from Teman; and they of Dedan shall fall by the sword. And I will lay my vengeance upon Edom by the hand of my people Israel: and …
“If you want to be safe in life, move to places that the government can’t be bothered to provide you help in. These places tend to be clean, safe, prosperous, healthy and sane. At least until the government finds out that evil monoculturalists are trying to live this way without them. They insist that areas like this undergo improvamentation as soon as they can afford to get to them.” – Texas Arcane
"Labor was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labor, that all wealth of the world was originally purchased." – Adam Smith
“Between the far away past history of the world, and that which lies near to us; in the time when the wisdom of the ancient times was dead and had passed away, and our own days of light had not yet come, there lay a great black gulf in human history, a gulf of ignorance, of superstition, of cruelty, and of wickedness. That time we call the dark or Middle Ages. Few records remain to us of that dreadful period in our world’s history, and we only know of it through broken and disjointed fragments that have been handed down …
"The cost of liberty is less than the price of repression." – W. E. B. Du Bois
“I was born and raised in that religious atmosphere which for three hundred years has never varied in its extreme devotion to peace. Yet I know that peace comes in the modern world only to those nations which are adequately prepared to defend themselves. The European Allies are now paying in blood and disaster for their failure to heed plain warnings. With adequate preparedness they might have escaped attack.” – Herbert Hoover. May 27, 1940, from the recently-released book, Freedom Betrayed: Herbert Hoover’s Secret History of the Second World War and Its Aftermath
“And this is love, that we walk after his commandments. This is the commandment, That, as ye have heard from the beginning, ye should walk in it. For many deceivers are entered into the world, who confess not that Jesus Christ is come in the flesh. This is a deceiver and an antichrist. Look to yourselves, that we lose not those things which we have wrought, but that we receive a full reward. Whosoever transgresseth, and abideth not in the doctrine of Christ, hath not God. He that abideth in the doctrine of Christ, he hath both the Father and …
“Be not afraid of sudden fear, neither of the desolation of the wicked, when it cometh. For the LORD shall be thy confidence, and shall keep thy foot from being taken.” – Proverbs 3:25-26 (KJV)
“Central banks cannot grow corn.” – David R. Kotok, chairman and chief investment officer of Cumberland Advisors, Inc.
"Have more than thou showest; Speak less than thou knowest." – William Shakespeare (1564 – 1616), King Lear, Act I, Scene IV
"…the moral principles and precepts contained in the Scriptures ought to form the basis of all our civil constitutions and laws… All the miseries and evils which men suffer from vice, crime, ambition, injustice, oppression, slavery, and war, proceed from their despising or neglecting the precepts contained in the Bible." – Noah Webster, History of the United States, 1833
“With national governments in collapse at the end of the XXth century, something had to fill the vacuum, and in many cases it was the returned veterans. They had lost a war, most of them had no jobs, many were sore as could be over the terms of the Treaty of New Delhi, especially the P.O.W. foul-up – and they knew how to fight. But it wasn’t revolution; it was more like what happened in Russia in 1917 – the system collapsed; somebody else moved in. The first known case, in Aberdeen, Scotland, was typical. Some veterans got together as …