Category: Quote of the Day

“For what, after all, is the stimulus package attempting to stimulate? A restrained life of living within our means? No. It’s stimulating consumption. All the big talk of get the credit markets moving again, banks healthy again, balance sheets strong again comes down to this: we need little Susie [Homemaker] to get a loan for a really cool new car she can live without, drive it to a shopping mall to buy cr*p she doesn’t need with a credit card she shouldn’t have, and return to a home mortgaged at a price higher than she can afford. That way, when …

“When watching men of power in action it must be always kept in mind that, whether they know it or not, their main purpose is the elimination or neutralization of the independent individual — the independent voter, consumer, worker, owner, thinker — and that every device they employ aims at turning man into a manipulatable “animated instrument,” which is Aristotle’s definition of a slave.” – Eric Hoffer, The Ordeal of Change (1963)

"If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land." – 2 Chronicles 7:14 (KJV)

“It’s time [for the Federal government] to stop bribing me with my own money.” – Rep. Dan Itse of New Hampshire, author of New Hampshire’s sadly moribund state sovereignty bill, HR 645.

“When they call the roll in Congress, our Congressmen don’t know whether to answer present, or guilty.” – Colonel Theodore Roosevelt, 1st US Volunteer Cavalry, Manzanillo, Cuba 1898 (to a Hearst newspaper reporter)

“We are in a period of price discovery. Many shares, businesses, and credits are on offer. Typically, people are reluctant to make bids until they have a clearer idea of what these things are worth. What are they worth now that we’re in a post-Bubble world? No one knows. And no one seems in a hurry to find out.” – Bill Bonner, The Daily Reckoning

"He that suffers his life to be taken from him by one that hath no authority for that purpose, when he might preserve it by defense, incurs the Guilt of self murder since God hath enjoined him to seek the continuance of his life, and Nature itself teaches every creature to defend itself." – From a 1747 sermon given in Philadelphia, as quoted by C. Asbury in The Right to Keep and Bear Arms in America: The Origins and Application of the Second Amendment to the Constitution, (an unpublished doctoral thesis in history, available at University of Michigan Graduate Library), …

Wir versaufen unser Oma ihr klein Hauschen, Ihr klein Hauschen, Wir versaufen unser Oma ihr klein Hauschen, Und die erste und die zweite Hypothek! – Popular drinking song in the Weimar Republic of Germany, 1922 referring to the runaway inflation of the period Loosely translated: We are drinking up our granny’s little house, Her little house, We are drinking up our granny’s little house, And the first and second mortgage!

"All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation." – John Adams

Then Daniel went to his house, and made the decision known to Hananiah, Mishael, and Azariah, his companions, that they might seek mercies from the God of heaven concerning this secret, so that Daniel and his companions might not perish with the rest of the wise men of Babylon. Then the secret was revealed to Daniel in a night vision. So Daniel blessed the God of heaven. Daniel answered and said: “Blessed be the name of God forever and ever, For wisdom and might are His. And He changes the times and the seasons; He removes kings and raises up …

“Abilene is a town of an armed citizenry. This tends to make relations both peaceful and respectful.” – James Butler (“Wild Bill”) Hickok, while City Marshal of Abilene, in an interview with an eastern newspaper reporter. (Until Hickok’s reply, the reporter had thought Wild Bill himself was the reason.that Abilene was so peaceful for the locals)

“If you can’t feed a hundred people, then feed just one.” – Mother Teresa

"What has been, what ever must be, the consequence of such a sudden and prodigious inflation of the currency? Business stimulated to the most unhealthy activity; a vast amount of over production in the mechanick arts; a vast amount of speculation in property of every kind and name, at fictitious values; and finally, a vast and terrifick crash, when the treacherous and unsubstantial basis crumbles beneath the stupendous fabrick of credit, and the structure falls to the ground, burying in its ruins thousands who exulted in the fancied security of their elevation. Men, now-a-days, go to bed deeming themselves rich, …

"The very first, most important rule of gunfighting is this: have a gun. If you do not have a gun, do not come to the gunfight." – Mark Moritz

“I am so firmly determined, however, to test the constancy of your mind that, drawing from the teachings of great men, I shall give you also a lesson: Set aside a certain number of days, during which you shall be content with the scantiest and cheapest fare, with coarse and rough dress, saying to yourself the while: ‘Is this the condition that I feared?’ It is precisely in times of immunity from care that the soul should toughen itself beforehand for occasions of greater stress, and it is while Fortune is kind that it should fortify itself against her violence. …