Category: Quote of the Day

"The very first, most important rule of gunfighting is this: have a gun. If you do not have a gun, do not come to the gunfight." – Mark Moritz

“I am so firmly determined, however, to test the constancy of your mind that, drawing from the teachings of great men, I shall give you also a lesson: Set aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with coarse and rough dress, saying to yourself the while: ‘Is this the condition that I feared?’ It is precisely in times of immunity from care that the soul should toughen itself beforehand for occasions of greater stress, and it is while Fortune is kind that it should fortify itself against her violence. …

"There are certain things that are true no matter how much someone may deny them. In the economic realm, for instance, you cannot legislate the poor into independence by legislating the wealthy out of it. You cannot multiply wealth by dividing it. Government cannot give to people what it does not first take away from people. And that which one man received without working for, another man must work for without receiving." – Kenneth W. Sollitt

“The world is not going back to normal after the magnitude of what they have done. When the dust settles this will either work, and the money they have pushed into the system will feed though into an inflation shock. Or it will not work because too much damage has already been done, and we will see continued financial deterioration, causing further economic deterioration, with the risk of a feedback loop. We don’t think this is the more likely outcome, but as each week and month passes, there is a growing danger of vicious circle as confidence erodes. This will …

“It will not be enemies at the gates who overwhelm the American empire. It will be the army of politically armed economic dependents inside the gates. Granny will bring it down. If you want a mental picture image of the end of American empire, imagine a man dressed in uniform, holding an automatic rifle, being pelted mercilessly by an old lady who is beating him over the head with her handbag.” – Dr. Gary North

“You’ve got to understand that we had a big ranch but we only got money once or twice a year out of it. The money wasn’t very free. All the money you got was in gold coin. I remember I was nearly fifteen or sixteen years old before I saw much paper money. It was all gold and silver. They didn’t have any greenbacks that I remember. My dad would take the wool and mutton to sell, and he’d come back with some tobacco sacks full of twenty-dollar gold pieces. He used to drive three or four-hundred head of sheep …

“With the planned fiscal stimulus (taxing future generations), the National Debt will reach 100 percent of GDP during the Obama administration. When Argentina’s economy collapsed in 1998, their National Debt as a percentage of GDP was 65 percent. The Great Deniers say we are not Argentina. They say we are safe because the U.S. dollar is the reserve currency of the world. This is like jumping off a 20 story building and as you pass the 10th floor someone yells out the window asking how you are doing. You answer, ‘Good, so far’.” – James Quinn

"If one does not know to which port one is sailing, no wind is favorable." – Seneca 5 BC – 65 AD

"Time and the laws of trade will restore things to an equilibrium if legislatures do not rashly interfere in the natural course of events." – New York Evening Post, June 15, 1819, as quoted in The Panic of 1819: Reactions and Policies, Murray N. Rothbard, Ludwig von Mises Institute, 2007, pp 31–32.

"For the great majority of mankind are satisfied with appearances, as though they were realities, and are often more influenced by the things that seem than by those that are." – Niccolò Machiavelli

“Thus says the LORD: ‘Cursed is the man who trusts in man And makes flesh his strength, Whose heart departs from the LORD. For he shall be like a shrub in the desert, And shall not see when good comes, But shall inhabit the parched places in the wilderness, In a salt land which is not inhabited. “Blessed is the man who trusts in the LORD, And whose hope is the LORD. For he shall be like a tree planted by the waters, Which spreads out its roots by the river, And will not fear when heat comes; But its …

“Why had they been so anxious to believe that any government could solve problems for them which had been pridefully solved, many times over, by their fathers? Had their characters become so weak and debased, so craven and so emasculated, that offers of government dole had become more important than their liberty and their humanity? Had they not known that power delegated to government becomes the club of tyrants? They must have known. They had their own history to remember, and that history of five thousand years. Yet, they had willingly and knowingly, with all this knowledge, declared themselves unfit …

“Listen, this whole [heat and air conditioning] system of yours could be on fire, and I couldn’t even turn on the kitchen tap [to put the fire out] without filling out a 27-B Stroke 6 [form.] Blo**y paperwork!” – Robert DeNiro as Harry Tuttle, in Brazil.1985. (Screenplay by Terry Gilliam, Tom Stoppard, and Charles McKeown)

"When we reflect that the eyes of the virtuous all over the earth are turned with anxiety on us as the only depositories of the sacred fire of liberty, and that our falling into anarchy would decide forever the destinies of mankind and seal the political heresy that man is incapable of self-government, the only contest between divided friends should be who will dare farthest into the ranks of the common enemy." – Thomas Jefferson to John Hollins, 1811. ME 13:58

"There are two kinds of fool. One says, ‘This is old, and therefore good.’ And one says, ‘This is new, and therefore better’" – John Brunner