Jim’s Quote of the Day:

"Go to the ant, thou sluggard; consider her ways, and be wise: Which having no guide, overseer, or ruler, Provideth her meat in the summer, and gathereth her food in the harvest. How long wilt thou sleep, O sluggard? When wilt thou arise out of thy sleep? Yet a little sleep, a little slumber, a little folding of the hands to sleep: So shall thy poverty come as one that travelleth, and thy want as an armed man. A naughty person, a wicked man, walketh with a froward mouth. He winketh with his eyes, he speaketh with his feet, he …




Jim’s Quote of the Day:

“I say that the Second Amendment doesn’t allow for exceptions — or else it would have read that the right “to keep and bear arms shall not be infringed, unless Congress chooses otherwise.” And because there are no exceptions, I disagree with my fellow panelists who say the existing gun laws should be enforced. Those laws are unconstitutional [and] wrong — because they put you at a disadvantage to armed criminals, to whom the laws are no inconvenience.” – Harry Browne, August 8, 2000, speaking at a Second Amendment rally in Arkansas




Jim’s Quote of the Day:

"You will bring about the destruction of the German war machine, the elimination of Nazi tyranny over the oppressed peoples of Europe, and security for ourselves in a free world. Your task will not be an easy one. Your enemy is well trained, well equipped, and battle-hardened. He will fight savagely….The free men of the world are marching together to victory. I have full confidence in your courage, devotion to duty, and skill in battle. We will accept nothing less than full victory. Good luck, and let us all beseech the blessings of Almighty God upon this great and noble …
















Jim’s Quote of the Day:

“JP Morgan has assets of $1.6 trillion and equity of $126 billion. They seem reasonably well-capitalized at 7.6%. We just hope that there’s no problems in their almost $92 trillion derivative exposure that is more than 50 times their assets and, more importantly, greater than 700 times their equity. We hope them to be well-matched, but if they are even the tiniest bit wrong, their equity could be wiped out as their equity represents just 0.13% of their gross derivative exposure.” – Steven Romick, writing in Agora Financial’s Rude Awakening e-newsletter, May, 2008




Jim’s Quote of the Day:

“Unfortunately, solving our economic problems is not a simple matter of passing a law to reestablish gold or any other commodity as money. It was not the politicians, but rather the electorate that demanded the abandonment of the gold standard and the establishment of a credit-money standard. In a nation run by majority rule, unless you can convince individuals to abandon the use of government as a sword of theft, gold or any other commodity will never last as the basis for money. A gold standard is not the cause of a stable economy, it is the result of a …







Jim’s Quote of the Day:

"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." – Thomas Jefferson, from the debate on the recharter of the Bank Bill, (1809)