Jim’s Quote of the Day:

“The Great Depression was caused by Federal Reserve expansion of the money supply in the 1920s that led to an unsustainable credit-driven boom. When the Federal Reserve belatedly tightened in 1928, it was too late to avoid financial collapse. According to Murray Rothbard, in his book America’s Great Depression, the artificial interference in the economy was a disaster prior to the depression, and government efforts to prop up the economy after the crash of 1929 only made things worse. Government intervention delayed the market’s adjustment and made the road to complete recovery more difficult. The parallels with today are uncanny.” …




Jim’s Quote of the Day:

"Statesmen, my dear Sir, may plan and speculate for liberty, but it is Religion and Morality alone, which can establish the Principles upon which Freedom can securely stand. The only foundation of a free Constitution is pure Virtue, and if this cannot be inspired into our People in a greater Measure, than they have it now, they may change their Rulers and the forms of Government, but they will not obtain a lasting liberty." – President John Adams, June 21, 1776





































Jim’s Quote of the Day:

“It is not what a man gets but what a man is that he should think of. He should think first of his character and then of his condition for if he have the former he need not worry about the latter. Character will draw condition after it. Circumstances obey principles.” – Henry Ward Beecher, American Abolitionist (and brother of Harriet Beecher Stowe)