Jim’s Quote of the Day:
"The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." – Thomas Sowell
"The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics." – Thomas Sowell
“When you have no principles, your life is first worthless and then lost.” – Christopher Anvil, Pandora’s Planet
“Beware of those who say we’ve hit the bottom.” – Nouriel Roubini
"We must not let our rulers load us with perpetual debt. We must make our election between economy and liberty or profusion and servitude. If we run into such debt, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our calling and our creeds… [we will] have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers… And this is the tendency …
“Today, a major economic crisis is unfolding. New government programs are started daily, and future plans are being made for even more. All are based on the belief that we’re in this mess because free-market capitalism and sound money failed. The obsession is with more spending, bailouts of bad investments, more debt, and further dollar debasement. Many are saying we need an international answer to our problems with the establishment of a world central bank and a single fiat reserve currency. These suggestions are merely more of the same policies that created our mess and are doomed to fail.” “The …
"Do we really think that a government-dominated education is going to produce citizens capable of dominating their government, as the education of a truly vigilant self-governing people requires?" – Alan Keyes
“Most people lost in the wilds, they, they die of shame…’What did I do wrong? How could I have gotten myself into this?’ And so they sit there and they… die. Because they didn’t do the one thing that would save their lives…Thinking.” – Anthony Hopkins as Charles Morse in “The Edge” (2007); screenplay by David Mamet
“Japanese naval officers in dress whites are frequent guests at [the Pearl Harbor US Navy Base] officers’ mess are very polite. They always were. Except, of course, for that little interval there between 1941 and 1945.” – William Manchester
“The difference between death and taxes is death doesn’t get worse every time Congress meets.” – Will Rogers
Mexican Boy (pointing): Mira, mira! Viene la tormenta! Sarah Connor: What did he just say? Mexican Gas Station Attendant: He said there’s a storm coming. Sarah Connor: I know. – Closing scene of Terminator (1984) Screenplay by James Cameron, Randall Frakes, Gale Anne Hurd, and William Wisher Jr.
"I can calculate the movement of the stars, but not the madness of men." – Sir Isaac Newton, shortly after losing all of his savings in the South Seas Bubble investing swindle
"So here we are in a country with more wheat and corn and more money in the bank than any other nation, more cotton, more everything in the world – there’s not a product that you can name that we haven’t got more of than any other country had on the face of the earth – and yet we’ve got people starving. We’ll hold the distinction of being the only nation in the history of the world that ever went to the poorhouse in an automobile." – Will Rogers, in a live radio broadcast, October 18, 1931
"No man is worth his salt who is not ready at all times to risk his well-being, to risk his body, to risk his life, in a great cause." – Theodore Roosevelt
"The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing bankruptcy and economic turmoil to our people." – Congressman Ron Paul, 1987
"The condition upon which God hath given liberty to man is eternal vigilance; which condition if he break, servitude is at once the consequence of his crime and the punishment of his guilt." – John Philpot Curran, 1790