Quotes to Ponder

Wednesday, July 28, 2010

Era of Government Controlled Economy

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NAILED!

Comment to an article on David Rosenberg’s, YOU KNOW YOU ARE IN A DEPRESSION WHEN ... reader B9K9 NAILS the current economic condition.

Who knew laws would be abrogated, criminals rewarded and riches absconded? Who knew centuries old jurisprudence & Constitutional provisions would be discarded as mere inconveniences which were preventing rewarding cronies & political supporters?

dupes, rubes & dopes (um, that would be most of us), made the fatal mistake of bringing a knife to a gun-fight. Never, ever apply logic & fundamental reasoning skills in an environment where the thugs control all the cards.

I’ve learned my lesson - how many others have learned theirs?

That sums up the current environment well!

 

Sunday, January 24, 2010

A Quote to Ponder

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Washington, Are You Listening? Rome Didn’t

The budget should be balanced, the Treasury should be filled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome be bankrupt. People must again learn to work, instead of living on public assistance.

Marcus Tullius Cicero, 55 BC

h/t COVERTRESS

Posted by Steve on 01/24 at 02:09 AM
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Saturday, January 16, 2010

Liberty or Tyranny

When people fear the government, that is Tyranny

When government fears the people, that is Liberty

Thomas Jefferson

Posted by Steve on 01/16 at 09:40 PM
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Tuesday, October 20, 2009

Quote of the Day

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The prospect of domination of the nation’s scholars by Federal employment, project allocations, and the power of money is ever present – and is gravely to be regarded.  Yet, in holding scientific research and discovery in respect, as we should, we must also be alert to the equal and opposite danger that public policy could itself become the captive of a scientific-technological elite.

From President Eisenhower’s Farewell Address to the Nation, January 17, 1961

 

Saturday, February 28, 2009

Quotes to Ponder

From Ludwig von Mises, the Austrian Economist come some quotes to think about while the government (cough, cough, Democrats) abandons all control and catapults our nation toward financial ruin.
If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.
A nation cannot prosper if its members are not fully aware of the fact that what alone can improve their conditions is more and better production. And this can only be brought about by increased saving and capital accumulation.
What the doctrine of balancing budgets over a period of many years really means is this: As long as our own party is in office, we will enhance our popularity by reckless spending.
What the government spends more, the public spends less. Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.

From The Quotable Mises, edited by Mark Thornton and published by the Mises Institute

Posted by Steve on 02/28 at 01:50 PM
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