Jim’s Quote of the Day:
"The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it." – Theodore Roosevelt
"The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it." – Theodore Roosevelt
"It is a cruel thought that, when we feel ourselves standing on the firmest ground in every respect, the cursed arts of our secret enemies, combining with other causes, should effect, by depreciating our money, what the open arms of a powerful enemy could not." – Thomas Jefferson
“I, for one, do not trust Congress to be in charge of monetary policy. But I do not argue that the Federal Reserve System should maintain its independence from the Federal government. I maintain that it should be made completely independent of the Federal government: cut loose and left to fend for itself, just as the Second Bank of the United States was in 1836. It went bust. I am not so naive as to imagine that this will happen in my lifetime, short of a true social collapse in which several million people die because of the collapse of …
"The righteous cried [out], and the Lord heard, And delivered them out of all their troubles." – Psalm 34:17
Nothing is more certain than that a general profligacy and corruption of manners make a people ripe for destruction. A good form of government may hold the rotten materials together for some time, but beyond a certain pitch, even the best constitution will be ineffectual, and slavery must ensue. – John Witherspoon, The Dominion of Providence Over the Passions of Men, 1776
"But they that wait upon the Lord shall renew their strength; they shall mount up with wings as eagles; they shall run, and not be weary; they shall walk, and not faint." – Isaiah 40:31
"The mania for giving the Government power to meddle with the private affairs of cities or citizens is likely to cause endless trouble, through the rivalry of schools and creeds that are anxious to obtain official recognition, and there is great danger that our people will lose our independence of thought and action which is the cause of much of our greatness, and sink into the helplessness of the Frenchman or German who expects his government to feed him when hungry, clothe him when naked, to prescribe when his child may be born and when he may die, and, in …
"You have never lived until you have almost died. For those who fight for it, life has a flavor the protected will never know." – An unattributed quote, penned on a C-ration box for display at a Marine Corps command post, Khe Sahn, South Vietnam, during the 77-day siege in 1968
"Of all contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money." – Daniel Webster
"With reasonable men I will reason, with humane men I will plead, with tyrants I will show no mercy." – Thomas Jefferson
"Let the words of my mouth and the meditation of my heart Be acceptable in thy sight, O Jehovah, my rock, and my redeemer. " – Psalm 19:14
“I am being unfairly accused. Time will prove that I have done nothing wrong, and I am confident that I will be found innocent of these charges.” – Mayor Sheila Dixon, in her blog on January 10, 2009. (Her trial on a dozen theft, corruption, perjury and bribery charges is scheduled to begin on November, 9, 2009. Two others implicated have already pled guilty, and are cooperating with prosecutors in Dixon’s case. Dixon is a member of the controversial Mayors Against Illegal Guns Coalition.
"In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed, and next oblige it to control itself." – James Madison
“I find it simply fascinating how little is currently being written about the big bull market in gold. Where anything is written, it’s almost a warning that ‘gold is volatile,’ that ‘speculators are driving gold up,’ or that ‘the gold shorts are simply being squeezed.’ Never a word about the Fed creating new inflationary oceans of liquidity, never a word about the dollar losing its purchasing power, never a word about real money rising against all other asset classes. Silence reigns regarding what could be the most significant bull markets in recent history.” – Richard Russell
“I love the man that can smile in trouble, that can gather strength from distress, and grow brave by reflection. ‘Tis the business of little minds to shrink; but he whose heart is firm, and whose conscience approves his conduct, will pursue his principles unto death.” – Thomas Paine, December 19, 1776