Jim’s Quote of the Day:
“Ask five economists and you’ll get five different answers (six if one went to Harvard).” – Edgar R. Fiedler
“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 …
“A wayfarer should not walk unarmed, But have his weapons to hand; He knows not when he may need a spear, Or what menace meet on the road.” – The Hávamál, Ancient Gnomic Norse Poem
"For I know the thoughts that I think toward you, saith the LORD, thoughts of peace, and not of evil, to give you an expected end. Then shall ye call upon me, and ye shall go and pray unto me, and I will hearken unto you. And ye shall seek me, and find [me], when ye shall search for me with all your heart. And I will be found of you, saith the LORD: and I will turn away your captivity, and I will gather you from all the nations, and from all the places whither I have driven you, …
"Before anything else, preparation is the key to success." – Alexander Graham Bell
“Greece will certainly default on its debts, and it is an open question whether Greece will experience some form of revolution or coup – I’d put the likelihood of that over the next five years as around one in four.” – Andrew Lilico, chief economist, Policy Exchange. (Quoted in June, 2010.)
“I began to suspect that Daddy had been right all along: the only hope I had of changing the world was to change myself first. I thought of the many times that he and I had delivered fresh-picked farm produce to one of our elderly relatives. On such occasions he never failed to remind me that if we hadn’t worked so hard to grow it, we wouldn’t be able to give it to those who needed help. For the past few years, I’d been sneering at the simplemindedness of his philosophy of self-reliance, but now it was making sense to …
"The twenty-first century is already making the twentieth seem like the Age of Reason." – Joe Sobran