Jim’s Quote of the Day:

“Welcome to a depression. Not such a bad thing, really. Just a period of adjustment…a time for fixing, re-organizing, downsizing, and mending. There’s a time to every purpose under heaven. This is the time to take stock and shape up. But wait again. It doesn’t feel like a depression. Where are the soup lines? Where are the Okies packing up and moving to California? Where are Ziegfield Girls, the Civilian Conservation Corps and Eleanor Roosevelt? How come this depression’s not in black and white? Well…because this is a 21st century depression. This depression is in living color…and it comes to …




Jim’s Quote of the Day:

"History is not merely what happened; it is what happened in the context of what might have happened. Therefore it must incorporate, as a necessary element, the alternatives, the might-have-beens." – Professor Hugh Trevor-Roper, Regis Professor of Modern History; Oxford University, valedictory address 20 May 1980; quoted in History Today, Vol. 2, Issue 7, July 1982, p. 88













Jim’s Quote of the Day:

“Thus the men of democratic times require to be free in order to procure more readily those physical enjoyments for which they are always longing. It sometimes happens, however, that the excessive taste they conceive for these same enjoyments makes them surrender to the first master who appears. The passion for worldly welfare then defeats itself and, without their perceiving it, throws the object of their desires to a greater distance. There is, indeed, a most dangerous passage in the history of a democratic people. When the taste for physical gratifications among them has grown more rapidly than their education …




Jim’s Quote of the Day:

“ ‘Will a man rob God? Yet you rob me. But you ask, “How do we rob you?” In tithes and offerings. You are under a curse—the whole nation of you—because you are robbing me. Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,’ says the Lord Almighty, ‘and see if I will not throw open the floodgates of heaven and pour out so much blessing that you will not have room enough for it.’ ” – Malachi 3:8-10







Jim’s Quote of the Day:

“Inflation is a special concern over the next decade given the pending avalanche of government debt about to be unloaded on world financial markets. The need to finance very large fiscal deficits during the coming years could lead to political pressure on central banks to print money to buy much of the newly issued debt.” – Former Federal Reserve Chairman Alan Greenspan, from commentary in The Financial Times, June 26, 2009







Jim’s Quote of the Day:

"…the Constitution does not repose in the Congress the power to bail out individuals or private industry: Bailouts violate the Equal Protection doctrine because the Congress can’t fairly pick and choose who to bail out and who to let expire; they violate the General Welfare Clause because they benefit only a small group and not the general public; they violate the Due Process Clause because they interfere with contracts already entered into… Worse still, Congress lacks the power to let someone else decide how to spend the peoples’ money. "- Judge Andrew Napolitano, November 25, 2008




Jim’s Quote of the Day:

"The paper system being founded on public confidence and having of itself no intrinsic value, it is liable to great and sudden fluctuations, thereby rendering property insecure and the wages of labor unsteady and uncertain. The corporations which create the paper money can not be relied upon to keep the circulating medium uniform in amount. In times of prosperity, when confidence is high, they are tempted by the prospect of gain or by the influence of those who hope to profit by it to extend their issues of paper beyond the bounds of discretion and the reasonable demands of business; …