Category: Quote of the Day

“Icelanders discovered that trading bits of paper isn’t a productive enterprise. A handful of guys, who fancied themselves as financial experts, were taking out tens of billions of dollars in short term loans from abroad. They were then re-lending this money to themselves and their friends to buy assets, such as soccer teams, cars, homes, etc. Since the entire world’s assets were rising; thanks to people of like mentality paying crazy prices for everything, the Icelanders appeared to be making money. One non-Icelandic fund manager said that its like, “You have a dog and I have a cat. We agree …

"The wavelike movement affecting the economic system, the recurrence of periods of boom which are followed by periods of depression, is the unavoidable outcome of the attempts, repeated again and again, to lower the gross market rate of interest by means of credit expansion. There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." – Ludwig von Mises, Human …

"He who passively accepts evil is as much involved in it as he who helps to perpetrate it. He who accepts evil without protesting against it is really cooperating with it." – Dr. Martin Luther King, Jr.

"What at first was plunder assumed the softer name of revenue." – Thomas Paine

“If you think health care is expensive now, wait until you see what it costs when it’s free!” – P.J. O’Rourke

"Those, who have the command of the arms in a country are masters of the state, and have it in their power to make what revolutions they please. [Thus,] there is no end to observations on the difference between the measures likely to be pursued by a minister backed by a standing army, and those of a court awed by the fear of an armed people." – Aristotle 384–322 BC

Joshua S. found a link on the “Kyoto Box” stove.    o o o From Cheryl: New Food Crisis Looms    o o o I found a good piece on edible and useful Cattail plants.    o o o Beginning at Sunrise, Easter morning, the folks at Everlasting Seeds are offering a 20% discount on all products except the Medicinal Garden, just for SurvivalBlog readers. You’ll have to use this link to get the Special price. The sale ends at sundown on Saturday, April 18th

And when I think, that God, His Son not sparing; Sent Him to die, I scarce can take it in; That on the Cross, my burden gladly bearing, He bled and died to take away my sin. When Christ shall come, with shout of acclamation, And take me home, what joy shall fill my heart. Then I shall bow, in humble adoration, And then proclaim: "My God, how great Thou art!" – Excerpt from the Hymn How Great Thou Art, based on the poem O Store Gud, written by Carl Gustav Boberg, in 1885. Translated from the Swedish by Stuart …

“There is no education like adversity.” – British Prime Minister Benjamin Disraeli

“We adults are survivors by definition; our first priority now is to make our next generation expert at pulling through.’ – Dean Ing, Pulling Through

"It is sometimes said that some complicated task is as difficult as herding cats. Actually, that’s not necessarily all that hard, if you’ve got a laser pointer to give the cats a mischievous little red dot to chase after." – H. J. Halterman, Along the Way, March 2009

“Baruch Atah A-donai E-loheinu Melech Ha`olam Oseh Ma`aseh Breishit.” (“Blessed are You, LORD, our God, King of the Universe who makes the works of Creation.”) – From the Birkat Hachamah recitation, April 8, 2009 (14 Nisan 5769). A mitzvah recitation made just once every 28 years.

“From November 1929 to April 1930, the Dow Jones rallied 48%. This rally however was followed by an 85% drop from the April 1929 highs to the July 1932 lows.” – Simon Maierhofer in Is Cash King Or Should You Jump On The Rally Bandwagon?

“It is upon a reckless people: squalid in their demeanor, stupid and arrogant in their politics, economics and military matters; sleazy in their popular culture the savage judgment of history will be rendered. The verdict will be guilty. The penalty will be death, for the people, the institutions and culture which so openly mocks all that is just and true and good about the American Republic. Like Rome, we have replaced Republic with Empire and, like Rome, we will pay the economic price for our folly.” – Doug McIntosh, “The Economic Farce is Ending”, June 5, 2005

"…and there shall be a time of trouble, such as never was since there was a nation [even] to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book. And many of them that sleep in the dust of the earth shall awake, some to everlasting life, and some to shame [and] everlasting contempt. And they that be wise shall shine as the brightness of the firmament; and they that turn many to righteousness as the stars for ever and ever." – Daniel 12:1-3 (KJV)