Category: Quote of the Day

“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

"I have often thought that if heaven had given me choice of my position and calling, it should have been on a rich spot of earth, well watered, and near a good market for the productions of the garden. No occupation is so delightful to me as the culture of the earth, and no culture comparable to that of the garden. Such a variety of subjects, some one always coming to perfection, the failure of one thing repaired by the success of another, and instead of one harvest a continued one throughout the year. Under a total want of demand …

"Great works are performed, not by strength, but by perseverance. Yonder palace was raised by single stones, yet you see its height and spaciousness. He that shall walk with vigor three hours a day will pass in seven years a space equal to the circumference of the globe." – Samuel Johnson (1709-1784)

“It was good to be back in the wilderness again, where everything seems as peace. I was alone — just me and the animals. It was a great feeling — free once more to plan and do as I pleased. Beyond was all around me. My dream was a dream no longer. I suppose I was here because this was something I had to do — not just dream about it but do it. I suppose too I was here to test myself — not that I had never done it before but this time it was to be a …

“I figured out when I was a little kid that it was better to be a pessimist than an optimist. You see, when you’re an optimist, the best that happens is that things go as you planned, and half the time you’re bitterly disappointed. But when you’re a pessimist, the worst that ever happens is that things to exactly the way you were prepared for them to go, and half the time you’re pleasantly surprised.” – Massad Ayoob , January 1, 2009

“One aspect of the red state versus blue state dynamic of the country which is often overlooked, is that while the Blue States have come out on top politically, the red states are much more self-sufficient in resources and infrastructure. In a time of crisis this underlying dynamic would become painfully obvious, as overpopulated and undersupplied states in the North and Midwest began demanding resources from politically disenfranchised states in the South and West where most of the agricultural and energy resources are located. When the force of the federal government is turned to massive redistribution of wealth and resources, …

“If you board the wrong train, it’s no use running along the corridor in the other direction.” – Dietrich Bonhoeffer