Jim’s Quote of the Day:
“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” – Norm Franz, Money and Wealth in the New Millennium
“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.” – Norm Franz, Money and Wealth in the New Millennium
"A man with a surplus can control circumstances, but a man without a surplus is controlled by them, and often has no opportunity to exercise judgment." – Harvey S. Firestone, founder of Firestone Tire and Rubber Company.
“I believe our flag is more than just cloth and ink. It is a universally recognized symbol that stands for liberty, and freedom. It is the history of our nation, and it’s marked by the blood of those who died defending it.” – Senator John Thune
“The reality is that the world is one poor harvest from chaos . We are so close to the edge that politically destabilizing food prices could come at any time.” – Lester Brown, The Telegraph, June, 2011.
“He that is unjust, let him be unjust still: and he which is filthy, let him be filthy still: and he that is righteous, let him be righteous still: and he that is holy, let him be holy still. And, behold, I come quickly; and my reward [is] with me, to give every man according as his work shall be. I am Alpha and Omega, the beginning and the end, the first and the last. Blessed [are] they that do his commandments, that they may have right to the tree of life, and may enter in through the gates into …
“The counsel of the LORD standeth for ever, the thoughts of his heart to all generations. Blessed [is] the nation whose God [is] the LORD; [and] the people [whom] he hath chosen for his own inheritance.” – Psalm 33:11-12 (KJV)
"A wise man can learn more from a foolish question than a fool can learn from a wise answer." – Bruce Lee
“Disaster is rarely as pervasive as it seems from recorded accounts. The fact of being on the record makes it appear continuous and ubiquitous whereas it is more likely to have been sporadic both in time and place. Besides, persistence of the normal is usually greater than the effect of the disturbance, as we know from our own times. After absorbing the news of today, one expects to face a world consisting entirely of strikes, crimes, power failures, broken water mains, stalled trains, school shutdowns, muggers, drug addicts, neo-Nazis, and rapists. The fact is that one can come home in …
“We have states, with 10th Amendments rights, which can be converted into “safe havens”; financially, politically, and socially protected areas of the U.S. where independent citizens can congregate that provide shelter and mutual defense from the chaos that collapse imposes.” – Brandon Smith, Editor of Alt-Market
“If every person has the right to defend–even by force–his person, his liberty, and his property, then it follows that a group of men have the right to organize and support a common force to protect these rights constantly.” – Frederick Bastiat, The Law
“The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” – Friedrich August von Hayek
“Kiss the Son, lest he be angry, and ye perish [from] the way, when his wrath is kindled but a little. Blessed [are] all they that put their trust in him.” – Psalm 2:12 (KJV)
“I will send my fear before thee, and will destroy all the people to whom thou shalt come, and I will make all thine enemies turn their backs unto thee. And I will send hornets before thee, which shall drive out the Hivite, the Canaanite, and the Hittite, from before thee.” – Exodus 23:27-28 (KJV)
“I think we’re at the last days of the artificial interlude and we’re going to be entering the real days.” – David Stockman, Reagan era Budget Director. (Quoted on May 30, 2011)
“What we’ve got right now is almost near panic going on with money managers and people who are responsible for money. They can not find a yield and you just don’t want to be putting your money into commodities or things that are punts that might work out or they might not depending on what happens with the economy… …We’re on the verge of a great, great depression. The [Federal Reserve] knows it. We have many, many homeowners that are totally underwater here and cannot get out from under…” – Peter Yastrow, market strategist for Yastrow Origer, June 1, 2011