Category: Quote of the Day

"In any moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing." – Theodore Roosevelt

"Like waves on the seashore, an incessant drip of a faucet, or the perpetual nag of the proverbial mother-in- law, your dollars as a store of value and labor are continually clipped and filed down by the Central Bankers’ silent tax." – David J. Taffi, of Taub Associates, commenting on inflation

“Controlling carbon is a bureaucrat’s dream. If you control carbon, you control life.”- MIT climate scientist Dr. Richard Lindzen, March, 2007.

“[When lead starts flying] You won’t rise to the occasion – you’ll default to your level of training.” – Barrett Tillman

“The uncontested absurdities of today are the accepted slogans of tomorrow. They come to be accepted by degrees, by precedent, by implication, by erosion, by default, by dint of constant pressure on one side and constant retreat on the other – until the day when they are suddenly declared to be the country’s official ideology.” – Ayn Rand

"Towering genius distains a beaten path. It seeks regions hitherto unexplored." – Abraham Lincoln, from the January 27, 1838 Lyceum Address

"Taxes are not levied for the benefit of the taxed." – Robert A. Heinlein

“We might think of dollars as being ‘certificates of performance.’ The better I serve my fellow man, and the higher the value he places on that service, the more certificates of performance he gives me. The more certificates I earn, the greater my claim on the goods my fellow man produces. That’s the morality of the market. In order for one to have a claim on what his fellow man produces, he must first serve him.” – Dr. Walter E. Williams

“All initiation of force is a violation of someone else’s rights, whether initiated by an individual or the state, for the benefit of an individual or group of individuals, even if it’s supposed to be for the benefit of another individual or group of individuals.:” – Congressman Ron Paul

“I have had a taste of it myself, and it’s mighty bitter. A debt is a debt, whether it’s margins or mortgages; and debts are all the same, no matter how you try to camouflage ’em. You never get much out of ’em except trouble. On the farm or in Wall Street, if you use the other fellow’s money, it costs you a lot more than it’s worth.” – Sue Sanders Our Common Herd, 1940

"At this point the debate is not about a soft landing or hard landing; it is about how hard the hard landing will be." – Nouriel Roubini, professor of economics at New York University

"Punishment is now unfashionable… because it creates moral distinctions among men, which, to the democratic mind, are odious. We prefer a meaningless collective guilt to a meaningful individual responsibility." – Thomas Szasz

“Every morning in Africa a gazelle awakens knowing it must today run faster than the fastest lion or it will be eaten. Every morning a lion awakens knowing it must outrun the slowest gazelle or it will starve. It matters not whether you are a gazelle or a lion, when the sun rises you had better be running.” – African Proverb

"The crowning illusion of our time must be the idea that you can get what you want, rather than what you deserve." – Bill Bonner

“There are two methods, or means, and only two, whereby man’s needs and desires can be satisfied. One is the production and exchange of wealth; this is the economic means. The other is the uncompensated appropriation of wealth produced by others; this is the political means.” – Albert Jay Nock