Category: Quote of the Day

“An architect’s most useful tools are an eraser at the drafting board, and a wrecking bar at the site. ” – Frank Lloyd Wright

"Facts do not cease to exist because they are ignored." – Aldous Huxley, 1894-1963

"The first law of every creature is that of self-preservation, of staying alive." – Niccolo Machiavelli

"The Qualities of a good intelligence officer: * Be perceptive about people * Be able to work well with others under difficult conditions * Be able to distinguish between fact and fiction * Be able to distinguish between essentials and non-essentials * Possess inquisitiveness * Have a large amount of ingenuity * Pay appropriate attention to detail * Be able to express ideas clearly, briefly and very important interestingly * Learn when to keep you mouth shut * Understanding for other points of view, other ways of thinking and behaving, even if they are quite foreign to his own. * …

"We are apt to shut our eyes against a painful truth. For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst, and to provide for it. Let us not, I beseech you, sir, deceive ourselves longer." – Patrick Henry

"It is certain that free societies would have no easy time in a future dark age. The rapid return to universal penury will be accomplished by violence and cruelties of a kind now forgotten. The force of law will be scant or nil., either because of the collapse or disappearance of the machinery of state, or because of difficulties of communications and transport. It may be possible only to delegate authority to local powers who will maintain it by force alone." – Roberto Vacca, The Coming Dark Age

“If Calvera comes riding in with no idea of the reception we’ve prepared for him, I promise you we’ll all teach him something about the price of corn!” – Yul Brynner as Chris Adams, The Magnificent Seven

"One of the first things a family tries to teach its children is the difference between good and evil, right and wrong. One of the first things our schools do is destroy that distinction."- John Taylor Gatto, foreword, "The Art of Education"

“Probably no’east to sou’west winds, varying to the southard and westard and eastard, and points between; high and low barometer, sweeping round from place to place, probable areas of rain, snow and hail and drought, succeeded or proceeded by earthquakes with thunder and lightning.” – Mark Twain

"Even the most resourceful housewife cannot create miracles from a riceless pantry." – Chinese Proverb

“I bought it [silver] very early, [and] I sold it very early. Other than that, it was perfect.” – Warren Buffet, May 6, 2006

“Long term prices of houses simply cannot rise above people’s means to pay for them. That is a simple economic fact. Here is another simple economic fact: Family incomes are falling. The negative savings rate and rising foreclosures are more proof of stress in the system.” – Mike “Mish” Shedlock, Mish’s Global Economic Trend Analysis, April 2006, as quoted at SafeHaven.com

“So, we can say that, yes, the Dow has been in a bull market since October 2002 in dollar terms, but it has been in a bear market in gold terms. This is an important point to understand. In case we should experience continuous monetary inflation, which could lift, over time, all asset prices such as stocks, real estate, and commodities, some asset classes will increase more in value than others. This means that some asset classes while rising in value could deflate against other asset classes, such as happened with the Dow against gold since year 2000. – Marc …

"For the resolute and determined there is time and opportunity." – Ralph Waldo Emerson