Jim’s Quote of the Day:
“If the Democrats believe Clinton’s tax increases led to a boom economy and Bush’s tax cuts destroyed the economy, why do they want to extend the Bush tax rates?” – Rush Limbaugh
“If the Democrats believe Clinton’s tax increases led to a boom economy and Bush’s tax cuts destroyed the economy, why do they want to extend the Bush tax rates?” – Rush Limbaugh
“Most of the central banks have a lot of Ph.D.s, with no real world experience. They have read books, but have not been in the trench to “feel” what it is truly like. This is why government employees rarely have anything worthwhile that will ever contribute to society. There is not a single economic statistic that is even valid, no less any plausible guide as to what is going on. There are manipulated so much to try and influence the ‘public confidence’ that it becomes a joke.” – Imprisoned economist Martin A. Armstrong
“And now abideth faith, hope, charity, these three; but the greatest of these is charity.” – 1 Corinthians 13:13 (KJV)
“I began to sense faintly that secrecy is the keystone of all tyranny. Not force, but secrecy … censorship. When any government, or any church for that matter, undertakes to say to its subjects, this you may not read, this you must not see, this you are forbidden to know, the end result is tyranny and oppression, no matter how holy the motives.” – Robert A. Heinlein
“If anything, the private conversations of diplomats and security professionals paint a world even more dangerous than the one we usually allow ourselves to describe publicly. And there seems to be more consistency with this American worldview on the part of our friends and allies than is generally admitted. Quite an exposé. ” – Gen. Michael V. Hayden (US DCI, 2006-2009), describing the 2010 Wikileaks Cablegate disclosures
“The current Irish government has agreed to borrow something like $88 billion euros to shore up their banking crisis. That is about $27,000 for every man, woman, and baby in Ireland, a rather small country with a little over four million people.” – John Mauldin
“Ask five economists and you’ll get five different answers (six if one went to Harvard).” – Edgar R. Fiedler
“A lot of fellows nowadays have a B.A., M.D., or Ph.D. Unfortunately, they don’t have a J.-O.-B.” – Fats Domino
“The only purpose for a pistol is to fight your way back to the rifle you should have never laid down.” – Clint Smith, founder of Thunder Ranch
“Go to now, [ye] rich men, weep and howl for your miseries that shall come upon [you]. Your riches are corrupted, and your garments are motheaten. Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days. Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth. …
“I don’t want to scare anyone but I am considering investing in barbed wire and guns, things are not looking good and rates are heading higher.” – Anthony Fry, as quoted by CNBC, June, 2010
"A fiat-money inflation can be carried on only as long as the masses do not become aware of the fact that the government is committed to such a policy." – Ludwig von Mises
“You don’t have to be a member of the build-a-bunker-in-Montana crowd to believe gold could hit $2,500 in the next couple of years.” – Dan Burrows , writing in Daily Finance
"I am strongly in favor of common sense, common honesty, and common decency. Of course, this makes me forever ineligible for public office." – H.L. Mencken
"I foresaw that, in time, it would please God to supply me with bread. And yet here I was perplexed again, for I neither knew how to grind or make meal of my corn, or indeed how to clean it and part it; nor, if made into meal, how to make bread of it; and if how to make it, yet I knew not how to bake it. These things being added to my desire of having a good quantity for store, and to secure a constant supply, I resolved not to taste any of this crop but to preserve …