Category: Quote of the Day

“The US economy is crumbling because the way we conduct the activities of daily life is insane relative to our circumstances. We’ve spent sixty years ramping up a suburban living arrangement that has suddenly entered a state of failure, and all its accessories and furnishings are failing in concert. The far-flung McHouse tracts are becoming both useless and worthless in the face of gasoline prices that will never be cheap again. The strip malls and office “parks” are following the residential real estate off a cliff. The retail tenants of all those places are hemorrhaging customers who have maxed out …

The ant works hard in the withering heat all summer long, building his house and laying up supplies for the winter. The grasshopper thinks he’s a fool. He laughs and dances and plays the summer away. Come winter, the ant is warm and well fed. The shivering grasshopper has no food or shelter, so he dies out in the cold. – Aesop (620BC – 560BC)

"Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide." – John Adams, 1814

"Beaten paths are for beaten men." – Eric A. Johnston (1842 – 1914), US journalist and short-story writer

“Hold on, my friends, to the Constitution and to the Republic for which it stands. Miracles do not cluster and what has happened once in 6,000 years, may not happen again. Hold on to the Constitution, for if the American Constitution should fail, there will be anarchy throughout the world.’” – Daniel Webster

"I remember during the metals’ bull market of the 1970s when we were worried about gas rising to $1.50 a gallon, some enterprising gas stations put up signs selling gas for a dime a gallon. Of course, they wanted pre-1964, 90-percent silver dimes which had value in excess of a gallon of gas. If you were smart, you didn’t fall for it. You were better off keeping the coins to yourself." – Howard J. Ruff

"Now I have a sheep and a cow, every body bids me good-morrow." – Ben Franklin, The Way to Wealth, 1736

"Almighty God…I yield thee humble and hearty thanks that thou has preserved me from the danger of the night past, and brought me to the light of the day, and the comforts thereof, a day which is consecrated to thine own service and for thine own honor. Let my heart, therefore, Gracious God, be so affected with the glory and majesty of it, that I may not do mine own works, but wait on thee, and discharge those weighty duties thou requirest of me. Give me grace to hear thee calling on me in thy word, that it may be …

"Invest in inflation; it’s the only thing that’s going up." – Will Rogers

"Patience and fortitude conquer all things." – Ralph Waldo Emerson

"If ever time should come, when vain and aspiring men shall possess the highest seats in government, our country will stand in need of its experienced patriots to prevent its ruin." – Samuel Adams

"The punishment of wise men who refuse to take part in the affairs of government is to live under the government of unwise men." – Plato

"Circumstances rule men; men do not rule circumstances." – Herodotus

“Am I optimistic for the long-term? Absolutely not. I still believe we’re due for the mother of all market crashes, and that the U.S. economy is running on borrowed time — and I do mean borrowed. I think most baby boomers are in serious financial trouble, and that oil will climb above $200 a barrel. Inflation will also increase, causing more pain for the poor and middle class.” – Robert Kiyosaki

"Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, and slow to wrath:" – James 1:19