Jim’s Quote of the Day:

“The mistakes made with excessive credit at artificially low rates are huge, and the market is demanding a correction. This involves excessive debt, misdirected investments, over-investments, and all the other problems caused by the government when spending the money they should never have had. Foreign militarism, welfare handouts and $80 trillion entitlement promises are all coming to an end. We don’t have the money or the wealth-creating capacity to catch up and care for all the needs that now exist because we rejected the market economy, sound money, self reliance and the principles of liberty.” – Congressman Ron Paul







Jim’s Quote of the Day:

“Hopefully the FDIC insurance will take care of it. I’m also kind of kicking myself for not taking care of this sooner, sooner as in the last couple of days.” – Alan Sands, a former IndyMac Bank customer; quoted on Friday, July 11, 2008, commenting on how he was unable to draw funds after his bank was closed by Federal regulators in the midst of a bank run.










Jim’s Quote of the Day:

“We are thus in the position of having to borrow from Europe to defend Europe, of having to borrow from China and Japan to defend Chinese and Japanese access to [Persian] Gulf oil, and of having to borrow from Arab emirs, sultans and monarchs to make Iraq safe for democracy. We borrow from the nations we defend so that we may continue to defend them. To question this is an unpardonable heresy called ‘isolationism’.” – Patrick J. Buchanan







Jim’s Quote of the Day:

"Today Americans would be outraged if U.N. troops entered Los Angeles to restore order; tomorrow they will be grateful. This is especially true if they were told there was an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead with world leaders to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well being granted to them by their world government." – Henry Kissinger, …










Jim’s Quote of the Day:

“From housing to the dollar, banking to commodities, national debt to soaring Medicare and Social Security obligations: it’s difficult to see the period since 2002 as anything other than one of profligacy and utter fiscal mismanagement. I am not a bear by nature, but when you consider the average debt of the average household and the concentration of household assets in housing, it’s difficult to see happy retirements for many baby boomers.” – Brett Steenbarger







Jim’s Quote of the Day:

"With respect to our rights, and the acts of the British government contravening those rights, there was but one opinion on this side of the water. All American whigs thought alike on these subjects. When forced, therefore, to resort to arms for redress, an appeal to the tribunal of the world was deemed proper for our justification. This was the object of the Declaration of Independence. Not to find out new principles, or new arguments, never before thought of, not merely to say things which had never been said before; but to place before mankind the common sense of the …







Jim’s Quote of the Day:

"There is nothing which doth more agreeably concern the Senses, than in the depth of Winter to behold the Fruits so fair, and so good, yea better, than when you first did gather them…….You will taste your fruit with infinite more gust and contentment, than in the Summer itself, when their great abundance, and variety, rather cloy you than become agreeable. For this reason therefore it is, that we essay to teach you the most expedite, and certain means how to conserve them all the WInter, even so long, as till the New shall incite you to quit the Old." …