Jim’s Quote of the Day:

“Be thou diligent to know the state of thy flocks, and look well to thy herds. For riches are not for ever: and doth the crown endure to every generation? The hay appeareth, and the tender grass sheweth itself, and herbs of the mountains are gathered. The lambs are for thy clothing, and the goats are the price of the field. And thou shalt have goats’ milk enough for thy food, for the food of thy household, and for the maintenance for thy maidens.” Proverbs 27:23-27 (KJV)







Jim’s Quote of the Day:

"It has always seemed strange to me… the things we admire in men, kindness and generosity, openness, honesty, understanding and feeling, are the concomitants of failure in our system. And those traits we detest, sharpness, greed, acquisitiveness, meanness, egotism and self-interest, are the traits of success. And while men admire the quality of the first they love the produce of the second." – John Steinbeck




Jim’s Quote of the Day:

“We should do well to remember that, since time immemorial, gold has successfully acted as the ultimate extinguisher of debt — until it was forcibly removed from the international monetary system in 1971. Since 1971 governments have pretended that paying debt in U.S. dollars extinguished it, too. But in fact it did not. Debt was merely transferred from the debtor to the U.S. government and kept accumulating. Debt accumulation has a natural limit. This limit has now been reached.” – Dr. Antal Fekete, What You Always Wanted to Know About Gold







Jim’s Quote of the Day:

Conan The Objectivist: “Nay, to outwit your enemies, to see them fall at your feet — to purchase their horses and goods at low, low prices, hear the lamentation of their women and to deliver a six-hour speech, exposing the shortcomings of their philosophy and worldview and establishing a sane and logical framework in its place. That is best.” – Conan The Objectivist, Blogger Roberta X.










Jim’s Quote of the Day:

“America faces a new culture war. This is not the culture war of the 1990s. It is not a fight over guns, gays or abortion. Those old battles have been eclipsed by a new struggle between two competing visions of the country’s future. In one, America will continue to be an exceptional nation organized around the principles of free enterprise–limited government, a reliance on entrepreneurship and rewards determined by market forces. In the other, America will move toward European-style statism grounded in expanding bureaucracies, a managed economy and large-scale income redistribution. These visions are not reconcilable. We must choose.” – …
















Jim’s Quote of the Day:

“Within, I would say, the next six years, interest payments on the [U.S.] Federal debt will exceed the defence budget. I think that one of the clear lessons of history is that is a major turning point for any [global] power. From Spain in the 17th Century , The Netherlands in the 18th Century, through the Turks in the 19th Century, and British in the 20th Century: When you are spending more on your debts than [on] your Army or Navy, it’s all over as a great power.” – Niall Ferguson, in a 2010 lecture on sovereign debt and crises …