Jim’s Quote of the Day:
“Is the credit crisis contained? Yes. The credit crisis is contained…to Planet Earth.” – Market Analyst Jim Grant, in a presentation at the 2007 New Orleans Investment Conference (as quoted at The Daily Reckoning)
“Is the credit crisis contained? Yes. The credit crisis is contained…to Planet Earth.” – Market Analyst Jim Grant, in a presentation at the 2007 New Orleans Investment Conference (as quoted at The Daily Reckoning)
"In general, the art of government consists of taking as much money as possible from one party of the citizens to give to the other." – Voltaire (1764)
"Behold, the eye of the Lord [is] upon them that fear him, upon them that hope in his mercy; To deliver their soul from death, and to keep them alive in famine." – Psalm 33:18-19 (KJV)
“In six days–less than a week–the world turned upside down. San Francisco became a war zone. Do you know what people do when you tell them they no longer have rights? That an individual is powerless? They fight. It was ludicrous to think mankind would just roll on its back and comply. I saw my neighbors–people I’ve known for years–become bloodthirsty savages. Infected, uninfected, it didn’t matter. We were all driven mad. The survival instinct went ballistic. Food, guns, medicine, blood–it all became priceless. Worth killing for. Those who had became the targets of the had nots. A city of …
"Of all the tyrannies on human kind the worst is that which persecutes the mind." – John Dryden, The Hind and the Panther, 1687
"Congress does two things very well: one is nothing and two is overreact." – Rep. Tom Price, R.-Georgia
“Facts do not cease to exist because they are ignored.” – Aldous Huxley (1894-1963)
"I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared." – Thomas Jefferson
“If we are wise, let us prepare for the worst.” – President George Washington (1732-1799)
"The grass withereth, the flower fadeth: but the word of our God shall stand for ever." – Isaiah 40:8 (KJV)
“A moment’s insight is sometimes worth a life’s experience.” – Oliver Wendell Holmes, Jr. (1841-1935) US Supreme Court Justice
“A generation which ignores history has no past and no future.” – Robert A. Heinlein
“I haven’t used either my home fire insurance or my earthquake insurance. I am particularly pleased I haven’t used the life insurance yet…” – Jerry, 650k6
"Let us speak courteously, deal fairly, and keep ourselves armed and ready." – President Theodore Roosevelt, San Francisco, California, May 13, 1903
“Nothing is sure except death and taxes and people’s attempt to cheat both.” – Dr. Gary North