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September 2, 2010
“Speaker of the House Nancy Pelosi is the poster child for everything that’s wrong with the progressive movement in America. She is a stunning combination of over-bearing arrogance and breathtaking ignorance, a person so completely bereft of common sense, she actually believes Americans couldn’t possibly come to their own conclusions if they disagree with her ‘indisputable’ wisdom.”
Arnold Ahlert
“The most dangerous corruption of a nation’s soul. That is what this administration is doing.”
Thomas Sowell
“The great political issue of our times is not liberalism versus conservatism, or capitalism versus socialism, but statism – the belief that government is inherently superior to the citizenry.”
James Bovard
“In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee’s lord. He is simply the buyer of services which he must purchase at their market price.”
Ludwig von Mises
“So virtuous are the programs said to be – pensions for the elderly, compensation for the unemployed, medicine for the sick, and assistance for the disabled – few dare ring the alarm of looming economic catastrophe that threatens to destabilize the civil society.”
Mark R. Levin
September 1, 2010
“Wind energy gives people a nice warm fuzzy feeling that we’re taking action on climate change.”
Kevin Forbes
“After welfare became more readily available in the 1960s, unwed motherhood skyrocketed. The country is still paying the price for that – of which the money is the least of it. Children raised by single mothers on welfare have far higher rates of crime, welfare and other social pathology.”
Thomas Sowell
“Modern political thinking presumes that restraints are bad for the government but good for the people. The first duty of the citizen is to assume the best of the government, while government officials assume the worst of him.”
James Bovard
“Once, politics was about only a few things. Today, it is about nearly everything.”
James Q. Wilson
Let’s face it: Stimulus is nothing more than perpetuating debt into a distant futures where there is no bank with a foreclosure stamp hovering over ersatz value of our G8 economies.”
James West
August 31, 2010
“When school children start paying union dues, that’s when I’ll start representing the interests of school children.”
Al Shanker
“Maintaining an aura of omniscience is necessary to sustain illusions of omnipotence, which in turn justify the vast prerogatives to which the White House lays claim. Once it’s admitted that presidents and their ‘wise men’ rely mostly on guesswork and are no smarter than geezers meeting over coffee down at the corner café, the mystique enveloping the nation’s capital – all those important people busily making important decisions – will vanish in thin air.”
Andrew Bacevich
“The essence of progressivism is remarkably similar to the essence of alcoholism or drug addiction: the denial of reality that comes with clinging to a worldview beyond any measure of common sense or reason. The impetus of such profound denial is nothing more than hubris, a sentiment neatly encapsulated by Barack Obama’s immortal campaign statement by which he informed Americans that ‘we are the ones we have been waiting for.’”
Arnold Ahlert
“It is a measure of the corruption of liberal thought and the collapse of its self-confidence that, finding itself so widely repudiated, it resorts reflexively to the cheapest race-baiting.”
Charles Krauthammer
“The good that comes from religion is offset by the intolerant practices of its adherents.”
James Cook
August 30, 2010
“The signals emanating from the global economic matrix that can be considered realistic, unbiased and leading indicate strongly that we’re edging closer to another brink of some sort.”
James West
“There was a time when most Americans would have resented the suggestion that they wanted someone else to pay their bills. But now, envy and resentment have been cultivated to the point where even people who contribute nothing to society feel that they have a right to a ‘fair share’ of what others have produced.”
Thomas Sowell
“We are in the ‘Summer of Recover.’ But what’s recovering? I don’t know; you tell me?”
Mark Lundeen
“This is one reason why conservatives and libertarians did not join Barney Frank and the left in promoting politically correct hate-crime legislation that would create a few more specially protected categories among us, as a kind of human ‘endangered species’ act. Sorting Americans into distinctive racial, ethnic and gender groups, while designating whites and heterosexuals to be their ‘oppressors’ makes the latter into legitimate targets of hate themselves. It thus becomes a way of exacerbating, rather than correcting, the social disorder.”
David Swindle
“Since there is virtually nothing the government has not already tried to do, there is little it cannot be asked to do. And so we have today’s death spiral of the welfare state; an ever-larger government impeding the creation of wealth in order to enforce the redistribution of it.”
George Will
August 26, 2010
“That such a facility [mosque] should be located right next to the place where Jihad achieved its most hideous triumph is unspeakably inappropriate.”
Dick Morris & Eileen McGann
“The permanent government expansion and higher tax rate agenda is a classic example of what not to do during bad economic times.”
Michael Boskin
“The history of this country is taught in many schools and colleges as the history of grievances and victimhood, often with the mantra of ‘race, class and gender.’ Television and the movies often do the same.”
Thomas Sowell
“In 1916, in Woodrow Wilson’s first term, the richest man in America, John D. Rockefeller, could have written a personal check and retired the national debt. Today, the richest man in America, Bill Gates, could write a personal check for all his worth and not pay two months interest on the national debt.”
George Will
“Market capitalism works better because it doesn’t depend on one set of actors to make all the choices. Entrepreneurs with a vision for the future can take their changes, and most may fail. But some will turn out to be Bill Gates or Steve Jobs, who change our world in many ways that 99 percent of economic experts were unable to predict.”
Michael Barone
August 25, 2010
“Too glorify the state is to glorify coercion – the subjugation of some people to other people’s will and dictates.”
James Bovard
“Everything that works well – everything that brings innovation and prosperity – comes from the private sector.”
John Stossel
“This is an almost unique time in world economic history, and I think we’re not only going to have economic consequences, but social and political consequences, and very likely military consequences. So hold on to your hat.”
Doug Casey
“The Obama administration has begun bribing people with the promise of getting their medical care and other benefits paid for by other people, so long as those other people can be called ‘the rich.’”
Thomas Sowell
“President Obama and liberal Democrats who control Congress are obsessed with an anti-wealth, anti-business philosophy. They can’t seem to control it – like someone who is demon-possessed. . .Obama’s own income according to his tax 1040 for 2009 was $5,505,409.”
Tait Trussell
August 24, 2010
“Liberals are constantly hectoring Americans to adopt Sweden’s generous welfare policies without consider that one reason Sweden’s welfare policies haven’t bankrupted the country (yet) is that the Swedes don’t grant citizenship to the children of any deadbeat who manages the spectacular feat of giving birth on Swedish soil.”
Ann Coulter
“Politically, President Obama’s defense of the mosque and his efforts to make it a first Amendment issue are incredibly self-destructive. They raise questions about his political sanity. It is hard to believe how tone deaf he must have become to take such a position. He has now embraced two positions that are anathema to two-thirds of all Americans – the mosque and opposition to Arizona’s immigration law. Neither was a controversy that sought him out. He waded into each one voluntarily with flags flying. He had no role in the Arizona law but his lawsuit to invalidate it made it his fight. He does not sit on the New York City Planning Commission, but his endorsement of the mosque puts him squarely in the center of controversy. What is he using for brains these days?”
Dick Morris
“The problem with the idea of pump-priming the economy through deficit spending is that the government must first pump money out of the economy by borrowing it. Government spending increases public demand; government borrowing reduces private demand. Governments don’t create purchasing power. They destroy it through inflation or transfer it through borrowing and spending.”
J. D. Foster
“Our ‘educators,’ who cannot educate our children to the level of math or science achieved in most other comparable countries, have time to poison their minds against America.”
Thomas Sowell
“Most everyone overvalues their contribution.”
James Cook
August 20, 2010
“It is impossible to introduce into society a greater evil than this: the conversion of law into an instrument of plunder. . .when a portion of wealth is transferred from the person who owns it – without his consent and without compensation, and whether by force or fraud – to anyone who does not own it, then I say the property is violated; the act of plunder is committee. . .How is this legal plunder to be identified? See if the law takes from one person what belongs to them and gives it to another person to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen cannot do without committing a crime.”
Frederick Bastiat
“Socialism has a record of failure so blatant that only an intellectual could ignore or evade it.”
Thomas Sowell
“In 2010 the U. S. government is expected to issue almost as much new debt as all other governments, around the world, combined.”
Darryl Schoon
“The primary bull trend of gold is more powerful than all of the world’s central banks taken together. Fiat money is doomed. The dim-wits at the central banks just don’t know it yet.”
Richard Russell
“There’s great stimulation in overthrowing a leader.”
James Cook
August 19, 2010
“It is no coincidence that those who imagine themselves so much wiser and nobler than the rest of us should be in the forefront of those who seek to erode Constitutional restrictions on the arbitrary powers of government.”
Thomas Sowell
“Welfare-state freedom is based on the illusion that government can financially strip-mine the citizens’ lives without undermining their ability to stand on their own two feet.”
James Bovard
“The dominant liberal narrative is that while white criminals are criminals, black criminals are largely victims.”
Dennis Prager
“People change their behavior when faced with starkly lower tax rates. They earn more money, which generates more tax revenue. Just how much is hard to estimate.”
Tait Trussel
“The stupidest thing said about tax cuts is the often-repeated claim that ‘they ought to be paid for.’ How absurd! Tax cuts merely let people keep money they rightfully own. It’s government programs, not tax cuts, that must be paid for.”
John Stossel
August 18, 2010
“One of the biggest fallacies of our time is the notion that, if all groups are not proportionally represented in institutions, professions or income levels, that shows something wrong with society. The very possibility that people make their own choices, and that those choices have consequences – for themselves and for others – is ignored. Society is the universal scapegoat.”
Thomas Sowell
“After 50 years of being inundated with stories of white racism, and being taught in college that in this white-dominated society, only a white can be racist, the American public has been properly brainwashed into accepting the otherwise incredible: A black man murdered eight white people at his place of work because they were white, and the media story is about the murderer’s alleged experiences of racism.”
Dennis Prager
“The more people learn about Obamacre the more they realize just how grossly the administration deliberately misrepresented its provisions and the more unpopular it becomes.”
David Limbaugh
“It is madness for sheep to talk peace with a wolf.”
Thomas Fuller
“Socialism is a philosophy of failure, the creed of ignorance and the gospel of envy. Its inherent virtue is the equal sharing of misery.”
Winston Churchill
August 17, 2010
“Trusting contemporary governments means dividing humanity into two classes: those who can be trusted with power to run other people’s lives, and those who cannot even be trusted to run their own lives.”
James Bovard
“Two New York Times sport writers have discovered that baseball coaches from minority groups are found more often coaching at first base than at third base. Moreover, third-base coaches become managers more often than first-base coaches.
This may seem to be just another passing piece of silliness. But it is part of a more general bean-counting mentality that turns statistical differences into grievances. The time is long overdue to throw this race card out of the deck and start seeing it for the gross fallacy that it is.”
Thomas Sowell
“Rather than being a unifier, Mr. Obama has divided America on the basis of race, class and partisanship. Moreover, his cynical approach to governance has encouraged his allies to pursue a similar strategy of racially divisive politics on his behalf.”
Patrick Caddell & Douglas Schoen
“The complete lack of reform of the housing behemoths Fannie Mae and Freddie Mac, and the miscellaneous subsidies and handouts to the housing market, have both wasted resources and hugely distorted the market.”
Martin Hutchinson
“When you sympathize with someone it makes them feel worse.”
James Cook
August 16, 2010
“When it comes to job-creation, Obama seems blindfolded to reality. He’s handicapped by never having run a business, planned or managed an operation to make money, or ever invented anything (other than distortions of the truth). He seems oblivious to the difference between earning money enough to be rich and just living like you’re rich.”
Tait Trussel
“Alinsky quote: ‘If the ends don’t justify the means what does?’ That is the voice of the devil himself.”
David Horowitz
“After lengthy investigation, Rep. Charles Rangel, former chairman of the House Ways and means Committee is facing charges of unethical conduct. In response, Rangel has scoffed that a bargain offer was nothing more than an ‘English, Anglo-Saxon procedure.’ The inference was that ongoing prejudice, not moral lapses, caused Rangel’s problems.
“Rangel’s charges come at a time when Rep. Maxine Waters faces ethics questions for allegedly using her office to steer federal money to a bank that was associated with her husband. And since eight member of the Congressional Black Caucus have recently faced ethics inquiries, we are hearing that race, not unethical conduct, is the real reason for the investigations.”
Victor Davis Hanson
“It seems the Fed will stop at absolutely nothing in their fever to combat the concept of gold being legitimate money (of course, the Fed is afraid that in due time Americans will realize that gold is the ultimate money and that the garbage the Fed creates (Federal Reserve Notes that we mistakenly call dollars) is only worth anything at all because the law says that it is (it’s money by fiat).”
Richard Russell
“The fact that the private sector economy has not responded as administration economists expected and confidently predicted should be wake-up call. It shows the limits of expert knowledge and the ability of political actors to make optimal economic choices.”
Michael Barone
August 13, 2010
“Most Americans don’t agree with the president’s priorities. And many of these Americans are now active in the Tea party movement, a movement that has succeeded in starting a serious national conversation about a return to limited government.”
Stephen Hayes
It is insufferable (and will not long be suffered) to be lectured to and imposed upon by a ruling class that loathes our nation’s history, values and accomplishments; by those who are not, in fact, our genuine betters. They are neither better educated nor more profoundly morally versed.”
Tony Blankley
“If cutting taxes leaves less money for government programs, the answer is simple : Ax the programs!”
John Stossel
“It is now certain that Tehran will get its nukes, and very soon. . .”
Mark Steyn
“When people have little to do they do even less.”
James Cook
August 12, 2010
“It’s unwise to pay too much, but is worse to pay too little. When you pay too much, you lose a little – that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot – it can’t be done!
“If you deal with the lowest bidder, it is well to add something for the risk you run. And if you do that, you will have enough to pay for something better.”
John Ruskin
“White House press Secretary Robert Gibbs’ recent rant against Rush Limbaugh for criticizing the bailout of General Motors went on and on about how this bailout had saved ‘a million jobs.’ But where does Gibbs think the bailout money came from? The Tooth Fairy?
Thomas Sowell
“Obama wants to inflame Hispanics into believing the Arizona people and Republicans nationwide are motivated by a prejudice against Mexicans. Liberals have been hyping this malicious canard for years, suggesting that Republicans and conservatives are nativists and racists.
“This is part of a pattern for Obama: to hold himself out as transcending race while exploiting the issue worse than anyone has in the past 50 years.”
David Limbaugh
“At a time when blacks were closer to slavery, faced far more discrimination, more poverty and had fewer opportunities, there was not the kind of chaos, violence, family breakdown and black racism that we see today.”
Walter Williams
“A key to the mentality of the left is that it judges itself by its best intentions, and judges its opponents – America chief among them – by their worst deeds. Or by the fantasies of what their worst deeds might be. By imagining a perfect world of social justice that leftists (unopposed) will surely create, even America’s most positive achievements can be made to look bad.”
David Horowitz
August 6, 2010
“They [liberals] are intoxicated with the perfumes of their own virtue.”
David Horowitz
“The Credit Crisis of 2008, marked the point where the U.S. Economy has reached the point of debt saturation. So what does the Congress do? Taking the advice of Quack Economists, like Doctor Bernanke, Congress is digging us even deeper into the debt hole.”
Mark Lundeen
“Ten years from now the three main entitlements – Medicare, Medicaid and Social Security – plus interest will consume 93 percent of all federal revenues.”
George Will
“Free enterprise does everything better.”
John Stossel
“We long for the possible, never the impossible.”
James Cook
August 5, 2010
“The collapse of the U.S. economy is a certainty – only the manner in which it will happen has yet to be determined. It is just a matter of time before the global derivatives bubble will produce the same result that has occurred to every other currency not backed by gold throughout history – those currencies, our ‘money,’ will become worthless.”
Jeff Nielson
“When the Fed prints money and eases credit, the stock market goes up. Indeed it does. Counterfeiting works – for the counterfeiter. The problem is that the wealth flowing into stocks comes from creditors (who put their assets into such things as T-bonds, corporate bonds, certificates of deposit, etc.) and from the American worker (whose wages decline in real terms). It is a redistribution of wealth (and from poor to rich) not a creation of wealth. It makes the stock market richer but the whole country poorer.”
Howard S. Katz
“Without question, the most devious, the most dishonest – and in this hour of his nation’s grave crisis – the most treacherous intellect in America belongs to MIT professor Noam Chomsky. . . For 40 years Noam Chomsky has turned out book after book, pamphlet after pamphlet and speech after speech with one message , and one message alone: America is the Great Satan; it is the fount of evil in the world. In Chomsky’s demented universe, America is responsible not only for its own bad deeds, but for the bad deeds of others, including those of the terrorists who struck the World Trade Center and the Pentagon.”
David Horowitz
“President Obama would rather have an issue with which to win the Hispanic vote than to have a bipartisan bill that would simply take control of the borders. Such a bill would help the country but obviously takes a back seat in an election year. Even some members of Obama’s own party are uneasy with such cynicism.”
Thomas Sowell
“Even if TARP saved our financial system from driving off a cliff back in 2008, absent meaningful reform, we are still driving on the same winding road, but this time in a faster car.”
Neil Barofsky
August 4, 2010
“The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.”
Alex de Tocqueville
“The U.S. is facing a debt future that cannot be solved by cutting back on expenses and raising taxes. Even if the U.S. taxed away all the income and profits of individuals and all corporate profits, the government would still not be able [to] pay off its debts.”
Richard Russell
“The intensifying economic contraction has serious consequences that generally do not seem to have surfaced yet in financial-market concerns – consequences that are unexpected – including unexpected additional explosive growth in the federal deficit, an unexpected further surge in Treasury funding needs, and unexpected renewed solvency concerns for the banking system. Such conditions are bad news for the U.S. equity and credit markets.”
John Williams
“We’re not going into a double dip. We’re going into a depression.”
Ian Gordon
“A white Charleston, S.C. teacher frequently complained of black students calling her: white b-----, white m-----f-----, white c--- and white ho. Most people would judge that to be racism and demand it to end. Charleston school officials told the teacher this racially charged profanity was simply part of the students’ culture, and if she couldn’t handle it, she was in the wrong school.”
Walter Williams
August 3, 2010
“Today, only 35 percent of black children are raised in two-parent households. The importance of these and other statistics showing greater stability and less pathology among blacks in earlier periods is that they put a lie to today’s excuses. Namely, at a time when blacks were closer to slavery, faced far more discrimination, more poverty and had fewer opportunities, there was not the kind of chaos, violence, family breakdown and black racism that we see today.”
Walter Williams
“I arrived at the views I now hold, during the early 1970s; I was working with the Black Panther Party, whose leaders were the heroes of all progressives and were assumed by progressives to be the victims of American oppression and police brutality. As I soon discovered, the Panthers were, in fact, criminals and murderers and not the victims the left claimed them to be. In 1974, they killed my friend, Betty Van Patter, which brought all this home to me. The left protected the Panther murderers and made apologies for their other criminal deeds. Today, campus progressives invite the killers to their schools and given them ten-thousand-dollar speaking fees to denounce America as a ‘racist’ country and criminal nation, which is what progressives want to hear.”
David Horowitz
“The best formula for reversing this brutal war on our nation’s financial stability, national security and national identity and on our individual liberties is for Republicans to oppose Obama with full force on each and every noxious proposal he presents – which is just about every one.”
David Limbaugh
“When you’ve authorized successful mob hits on Salman Rushdie’s publishers and translators, when you’ve blown up Jewish community centers in Buenos Aires, when you’ve acted extra-territorially to the full extent of your abilities for 30 years, it seems prudent for the rest of us to assume that when your abilities go nuclear you’ll be acting to an even fuller extent.”
Mark Steyn
“Martyrdom and stupidity are often one.”
James Cook
August 2, 2010
“The complete lack of reform of the housing behemoths Fannie Mae and Freddie Mac, and the miscellaneous subsidies and handouts to the housing market, have both wasted resources and hugely distorted the market.”
Martin Hutchinson
“Because compassion is an emotional response rather than a moral principle, it defeats every attempt to make wise choices about which sufferers do and don’t deserve governmentally dispensed solace.”
William Voegeli
“Islamo-Sino-Russo-everybody else diagnosis of Washington as a hollow superpower that no longer has the will or sense of purpose to enforce the global order.”
Mark Steyn
“Republicans urgently need to jump onto the Obamacare repeal bandwagon because if left in place, even if significantly diluted, it will destroy the best health care system in the world, greatly erode our individual liberties, further expand the government and bureaucratic classes, and accelerate the nation’s financial ruin.”
David Limbaugh
“There is only one way to kill capitalism – by taxes, taxes and more taxes.”
Karl Marx
July 30, 2010
“Governments are manipulating official statistics and their uses to make themselves look better and in some cases renege on previous promises to their electorates. Apart from its ethical unpleasantness, this process carries an additional danger: governments, seeking to deceive their electorates, may end by deceiving themselves and dangerously distorting markets.”
Martin Hutchinson
“He knows nothing; and he thinks he knows everything. That points clearly to a political career.”
George Bernard Shaw
“George W. Bush lost favor with the electorate far more because of his betrayal of conservative principles on domestic policy than because of the unpopularity of the protracted Iraq war. Liberals would have us believe Dubya was too conservative, but for mainstreamers, he wasn’t nearly conservative enough.”
David Limbaugh
“The American people have embraced a way of life based on the notion that there’s nothing morally wrong with taking money from one person in order to give it to another person.”
Jacob G. Hornberger
“A corporate leader may think himself an enlightened capitalist because of progressive views, when in truth he is no more than a socialist.”
James Cook
July 28, 2010
“Capital is not a free gift of God or of nature. It is the outcome of a provident restriction of consumption on the part of man. It is created and increased by saving and maintained by the abstention from dissaving.”
Ludwig von Mises
“Abused and neglected children have paid the price for liberalism’s tendency to sentimentalize the poor.”
Mona Charen
“Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities. . .”
George Gilder
“The proliferation of bureaucrats and its invariable accompaniment, much heavier tax levies on the productive part of the population, are the recognizable signs, not of a great, but of a decaying society.”
William Chamberlin
“Not only has the number of government employees multiplied in recent decades, but the rise of government unions further stacks the political odds against private citizens.”
James Bovard
July 26, 2010
“Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
Benjamin Franklin
“No longer are Republicans arguing with Democrats about whether government should be big or small. Instead they are at odds over what kind of big government the U.S. should have.”
Janet Hook
“If there is to be no loss whatever of dignity or self-respect in getting and staying on relief, then there can be no gain in dignity or self-respect in making some sacrifices to keep off.”
Henry Hazlitt
“[I]t is a paradoxical truth that tax rates are too high today and tax revenues are too low – and the soundest way to raise revenues in the long run is to cut rates now.”
John F. Kennedy
“There is no other planning for freedom and general welfare than to let the market system work.”
Ludwig von Mises
July 23, 2010
“If citizens wish to retain their liberty, they cannot assume that those who seek power over then are honest. Skepticism of government is one of the most important – and most forgotten – bulwarks of freedom.”
James Bovard
“Assistance granted to the unemployed does not dispose of unemployment. It makes it easier for the unemployed to remain idle.”
Ludwig von Mises
“Wealth comes from the production and exchange of goods and services. If someone efficiently produces a good that many people willingly trade their money for, he becomes wealthy.”
Sheldon Richman
“The many woes that afflict our nation are rooted in the morally bankrupt paradigms of socialism, interventionism and empire that have held our nation in their grip for decades and that the only real solution to such woes is libertarianism.”
Jacob G. Hornberger
“The purer the application of socialism, the worse the results; the purer the application of capitalism, the better the results.”
James Cook
July 22, 2010
“One of the consequences of such notions as ‘entitlements’ is that people who have contributed nothing to society feel that society owes them something, apparently just for being nice enough to grace us with their presence.”
Thomas Sowell
“Counting obligations under Medicare and Social Security, the real debt of the United States is more than 10 times the reported national debt.”
Addison Wiggin
“The welfare culture tells the man he is not a necessary part of the family; he feels dispensable, his wife knows he is dispensable, his children sense it.”
George Gilder
“Democracy must be something more than two wolves and one sheep voting on what to do for dinner.”
James Bovard
“He who serves the public best, makes the highest profits.”
Ludwig von Misses
July 21, 2010
“According to Gallup, nearly 70 percent of Americans now expect higher taxes under Obama. But the silver-tongued salesman sails on. Why be scared of a government health program? After all, says the president, ‘Medicare is a government program that works really well,’ and if ‘we’re able to get something right like Medicare,’ we should have more ‘confidence’ about being able to do it for everyone. On the other hand, says the president, Medicare is ‘unsustainable’ and ‘running out of money.’”
Mark Steyn
“The biggest, most dangerous derivative of all is totally ignored: namely, big Finance’s power to imperil the entire economy, which is purely a derivative of the government’s power to create money, grant oligopolistic power, and rescue big players from bad decisions by socializing their losses. In other words, the systemic risk that today’s advocates of financial regulation promise to prevent is entirely the product of the government’s partnership with Wall Street in the management of money and banking.”
Sheldon Richman
“The Fox News poll now shows that 55 percent of all likely voters feel that it is appropriate to call Obama a socialist. This epithet, which most Americans did not see fit to use even a few months ago, fits him well. Republicans should make the point that he is willing to sacrifice all for his ideology and that he is blind to the reality of the damage his spending and borrowing are causing.”
Dick Morris
“Addressing the convention on Monday, first lady Michelle Obama urged NAACP mau-mau-ers to ‘increase’ their ‘intensity.’ She’s a pro at employing intense accusations of racial oppression as a defense against criticism and milking the victim-ocracy for all its worth.
“At Princeton, she complained about ‘further integration and/or assimilation into a white cultural and social structure that will only allow me to remain on the periphery of society; never becoming a full participant.’ But rather than remaining ‘on the periphery,’ Mrs. Obama climbed the crooked Chicago ladder on a rapid ascent to the top. She hopped from Princeton to Harvard to prestigious law firms, cushy nonprofit gigs and an exclusive Hyde park manse, before landing in the East Wing with the greatest of ease.”
Michelle Malkin.
“There is no free lunch.”
Milton Friedman
July 20, 2010
“Sadly, with President Obama, each day is crazier than the previous one. His latest economic speeches border on the surreal. I just can’t quite figure out who he thinks his audience is because so much of what he says doesn’t square with reality.”
David Limbaugh
“What started as a legitimate movement to protect the rights of workers has become a Frankenstein monster of over-paid, do-as-little-work-as-possible, self-entitled hacks, demanding more and more, while their fellow Americans live with less and less.”
Arnold Alert
“I have as much faith in Washington curing its overspending as I do a bartender helper an alcoholic swear off drinking.”
Cal Thomas
“To best serve the public happiness, government shouldn’t do things it cannot do well – any more than WalMart should provide goods and services that people don’t like.”
Joel Miller
“The foremost corporate responsibility is to serve others so well you produce a profit.”
James Cook
July 16, 2010
“Is there a stronger ‘marriage’ in the world than union thugs and whore politicians?
Arnold Ahlert
“When one gets in bed with government, one must expect the diseases it spreads.”
Ron Paul
“Multiculturalism, if its logic is fully played out, is the ideology of national suicide.”
Rich Lowry
“In capitalist enterprise there is no secure income and no security of wealth.”
Ludwig von Mises
“The longer people receive economic assistance, the worse their social condition and behavior.”
James Cook
July 15, 2010
“Only people suffused with a level of self-entitlement that is completely absurd could demand that their concerns be completely divorced from fiscal reality. The public service unions’ mantra can be reduced to one phrase, as in’ you can get blood from a stone.’ And their prevailing attitude is now quite familiar to most Americans: Screw everyone else, give me mine.”
Arnold Ahlert
“The day after the president of the United States addressed the U.N. General Assembly, the prime minister of Israel took to the podium, and held up a copy of the minutes of the Wansee Conference, at which German officials planned the ‘Final Solution’ to their Jewish problem. This is the pathetic state to which the United Nations has been reduced after six decades: The Jew-hatred of Ahmadinejad and others is so routine that a sane man has to stand up in the global parliament and attempt to demonstrate to lunatics that the Holocaust actually happened.”
Mark Steyn
“The American economy has repeatedly recovered faster when left alone than when poiticians decided that they have to ‘do something.’”
Thomas Sowell
“State laws are fine when they promote the interests of the ruling liberal and cultural elites, but they are to be ignored, or overturned, when they do not promote the objectives of the ruling liberal and cultural elites.”
Cal Thomas
“Obama’s major contributions to the economy are astronomical debt acceleration, obscene unemployment, recession bordering on depression, and business and consumer uncertainty across the board. And this is before Obamacare and his other major tax hikes have even gone into effect.”
David Limbaugh
July 14, 2010
“. . .the federal government’s current fiscal policy is unsustainable. Continuing on this imprudent and unsustainable path will gradually erode, if not suddenly damage, our economy, our standard of living, and ultimately our domestic tranquility and national security.”
Congressional Budget Office Report to Congress
“In Obama’s case, his reliance on minority voters adds to the difficulty as he drives racially fair whites to see him as governing primarily in the interests of minority voters.”
Dick Morris
“Public service employee unions suffused with a sense of self-entitlement, are crushing state and local governments around the country. Early retirement, often at fifty years of age, coupled with lifetime pensions and health care benefits, are blowing budgetary holes so big, that bankruptcy may end up being the only viable option for hundreds of municipalities. Here’s hoping it happens, because abrogating union contracts couldn’t happen to a ‘nicer’ group – of cutthroats.”
Arnold Ahlert
“Presently our Ministry of Truth is saying we need to borrow large amounts of money from hostile foreign nations to increase our children’s standard of living and keep them safe in the future. Debt and consumption are good. Saving is very, very bad. Our government and our financial sector are good. The corporate sector is evil. Up is down. And left is right.”
Charlie Husen
“By reaching into virtually every sector of economic life, government is injecting uncertainty into the marketplace and making it harder to raise new capital and create new business.”
Ivan Seidenberg
July 13, 2010
“The systematic widening of budget shortfalls projected under CBO’s long-term scenarios has never been observed in U.S. history.”
Congressional Budget Office
“Tort lawyers lie. They say their product liability suits are good for us. But their lawsuits rarely make our lives better. They make lawyers and a few of their clients better off – but for the majority of us, they make life much worse.”
John Stossel
“The progressives want more reliance on government and less self-reliance. But this is not what America needs. Republicans, should they regain a majority in Congress this fall, and the White House in 2012, must have a serious talk with their fellow countrymen. We can’t go on like this. We can’t keep spending and taxing. We must stop asking our country to do more for us and begin doing more for ourselves.”
Cal Thomas
“To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude.”
Thomas Jefferson
“We do our most foolish things when indignant.”
James Cook
July 9, 2010
“Profits are the ultimate measure of how efficiently we provide customers with the best products for their needs. Profits are required to survive and grow.”
Henry Ford II
“Money is not an invention of the state. It not the product of a legislative act.”
Carl Menger
“Socialist society is a society of officials.”
Ludwig von Mises
“The Ten Commandments contain 297 words. The Bill of Rights is stated in 463 words. Lincoln’s Gettysburg Addre4ss contains 266 words. A recent federal directive to regulate the price of cabbage contains 26,911 words.”
Atlanta Journal
“Nature does not concern itself with the individual.”
July 8, 2010
“Obama blames ‘politics’ for the intractable immigration debate. Whose politics? The amnesty mob has taken to ambushing congressional offices this week to scream at lawmakers to choose ‘reform’ (giving a blanket path to citizenship to millions of illegal aliens) or ‘racism’ (their description of any and every legislative measure to stiffen sanctions for and deter the acts of border-jumping, visa-overstaying and deportation-evading).”
Michelle Malkin
“Big government distracts us from the most important job of government – protecting us.”
Michael D. Tanner
“Free human beings may be counted upon to care well for themselves and for their fellow men, voluntarily.”
Paul L. Poirot
“Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away.”
Ludwig von Mises
“Such terms as communism, socialism, Fabianism, the welfare state, Nazism, fascism, state interventionism, egalitarianism, the planned economy, the New Deal, the Fair Deal, the New Frontier are simply different labels for much the same thing.”
Leonard E. Read
July 7, 2010
“The budget should be balanced, the Treasury should be refilled, 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 become bankrupt. People must again learn to work, instead of living on public assistance.”
Cicero – 55 BC
“Now that Obama has been in office for a year and a half and his economy is failing by all objective measures, he and his Democrats demand, once again, that we ignore the empirical evidence in front of our faces and bow down to them in reverent gratitude for ensuring that things are not worse than they are.”
David Limbaugh
“In his immigration speech on Thursday, President Obama heralded America as a ‘nation of immigrants’ defined not by blood or birth, but by ‘fidelity to the shared values that we all hold so dear.’ If only it were so. Left-wing academics and activists spurned assimilation as a common goal long ago. Their fidelity lies with bilingualism (a euphemism for native language maintenance over English-first instruction), identity politics, ethic militancy and a borderless continent.”
Michelle Malkin
“Global economic growth in the past decade and a half has been the result of a Faustian bargain between Chinese overproduction and American overconsumption.”
Tom Au
“As long as governments create bigger deficits, we will never have a sustainable recovery. Instead, we will be chasing our tail, and wearing ourselves out in the process.”
Peter Schiff
July 6, 2010
“Any money spent by governments is not available to the private sector to invest.”
Peter Schiff
“It is important to understand that our economy functions at such a high level that relatively small reductions of incentive can unleash tremendous shock waves, the way small twists of the wheel produce dramatic turns for a car traveling at high speeds.”
Doctor Zero
“The deficit is actually symbolic of America’s problems. Current income levels can only support a 1980s level of spending. We’ve been borrowing the difference, meaning that once the lending window is closed (as it was recently), there has to be a quarter century regression in the American standard of living (the original 1930s took America back to the 1910s). That was the true meaning of the 1930s Depression. Soup lines and 25% unemployment were merely the symptoms.”
Tom Au
“Who can possibly fail to notice that the Obama administration not only imposes no costs on those who cross it, but redoubles its efforts to appease?”
Mona Charen
“People believe the future will be the way they would like it to be.”
James Cook
July 2, 2010
“A world without profit is a world of poverty.”
Doctor Zero
“Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to be the tool by which men deal with one another, then men become the tools of men. Blood, whips and guns-or dollars. Take your choice-there is no other-and your time is running out.”
Francisco d’Anconia
“Economies do not grow because consumers spend; consumers spend because economies grow.”
Peter Schiff
“Assume that a surgeon has discovered how to do a brain surgery, that he can do only one a month, that 1,000 persons a year need such an operation if they are to survive. How is he surgeon’s scarce resource to be allocated? Charge whatever price is necessary to adjust supply to demand, say $50,000! ‘For shame,’ some will cry. ‘Your market system will save only wealthy people.’ For the moment, yes. But soon there will be hundreds of surgeons who will acquire the same skill; and, as in the case of the once scarce and expensive ‘miracle drugs,’ the price then will be within reach of all.”
Leonard E. Read
“If you care about people, don’t give them money they didn’t earn.”
James Cook
July 1, 2010
“There is no means of avoiding the final collapse of a boom brought on by credit and Fiat monetary expansion. The only question is whether the crisis should come sooner in the form of a Recession or later as a final and total Catastrophe of Depression as the currency systems crumble.”
Ludwig von Mises
“The world is on a journey to an unstable destination, through unfamiliar territory, on an uneven road and, critically, having already used its spare tire.”
Mohamed El-Erian
“All Western Governments are bankrupt.”
Marc Faber
“World economies have entered a deflationary spiral that will be followed by hyper-inflation as the governments and their central bankers have no other answer (wrong of course) but to print money in their attempts to prop up prices and halt the depression.”
Aubie Baltin
“Obama’s plan is to spend us into bankruptcy without improving private-sector economic growth, impose national health care and other permanent entitlements to further bankrupt us and suppress the economy, exploit the Gulf oil spill to cram through the further growth-destroying cap-and-trade bill, and then revamp the tax code to place even further burdens on income earners and the economy as a whole.”
David Limbaugh
June 30, 2010
“It is fascinating to watch politicians come up with ‘solutions’ to problems that are a direct result of their previous solutions. In many cases, the most efficient thing to do would be to repeal their previous solution and stop being so gung-ho for creating new solutions in the future. But, politically, that is the last thing they will do.”
Thomas Sowell
“If the present tax rates had been in effect from the beginning of our century, many who are millionaires today would live under more modest circumstances. But all those new branches of industry which supply the masses with articles unheard of before, would operate, if at all, on a much smaller scale, and their products would be beyond the reach of the common man.”
Ludwig von Mises
“The state is and has been in history a source of disorder and chaos, and this problem gets worse the more the state grows.”
Llewellyn H. Rockwell, Jr.
“I cannot lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.”
James Madison
“Ironically, in the full-fledged transfer society, where governments busy themselves redistributing income by means of hundreds of distinct programs, hardly anyone is better off as a result.”
Robert Higgs
June 29, 2010
“Economists like Paul Krugman of Princeton are telling us we are facing another Great Depression unless we borrow tens of trillions of dollars form hostile foreign nations and give it to our wasteful government.”
Charlie Husen
“Republicans will be reduced to inhuman terms with any attempted spending cut.”
B. J. Bethel
“Taxation of private property, or the regulation of such property so as to reduce its value, can become in effect a form of servitude.”
Mark R. Levin
“It is production that creates purchasing power, not the printing press.”
Peter Schiff
“From an economic standpoint, liberalism is a greater threat to America than communism ever was.
James Cook
June 25, 2010
“Our current government’s waste and lack of accountability is shocking. But what is more shocking is how a Nobel Prize-winning economist can insist that the remedy to our 15 year orgy of debt, due to a total lack of government accountability, is to give the government more money.”
Charlie Husen
“The man appointed by President Obama to dispense BP’s money as the administration sees fit, to whomever it sees fit, is only the latest in a long line of presidentially appointed “czars” controlling different parts of the economy, without even having to be confirmed by the Senate, as Cabinet members are.”
Thomas Sowell
“We were poor when I was young, but the difference then was that the government didn’t come around telling you you were poor.”
Ronald Reagan
“Government cannot make man richer, but it can make him poorer.”
Ludwig von Mises
“Those who live off the donations of capitalism are often its greatest critics.”
James Cook
June 24, 2010
“Just where in the Constitution of the United States does it say that a president has the authority to extract vast sums of money from a private enterprise and distribute it as he sees fit to whomever he deems worthy of compensation? Nowhere.”
Thomas Sowell
“Believing in limited government isn’t the same thing as believing in no government.”
Linda Chavez
“BP is but another prop Obama has chosen to advance another plank of his statist agenda – this time his plan to shut down our conventional energy industry in favor of new, quixotic alternative energy methods that will succeed only in propelling this nation even faster toward Third World status.”
David Limbaugh
“Governments in the 20th century killed more millions of their own peoples than all of that century’s wars and natural famines combined.”
Mark D. Tooley
“On the silver screen, capitalists are usually vilified as greedy and heartless, while statists of every stripe are depicted as selfless, romantic idealists who only want to help people.”
Lawrence W. Reed
June 23, 2010
“Fossil fuels have been one of the great boons both to humanity and the environment, allowing forests to regrow (now that we don’t use wood for heating fuel or grow fuel for horses anymore) and liberating billions from backbreaking toil. The great and permanent shortage is usable surface land and fresh water. The more land we use to produce energy, the less we have for vulnerable species, watersheds, agriculture, recreation, etc.”
Matt Ridley
“Government-owned nonprofit entities are immune to the ruthless market discipline of being forced to please customers. The same can be said of businesses that receive government subsidies.”
Walter Williams
“Totalitarianism in the 20th century created a relatively new historical phenomenon: governments without limits murdering millions of their own people in pursuit of utopia.”
Mark D. Tooley
“If the moratorium on deep water drilling is not lifted, the 33 semi-submergible rigs and/or drill ships will simply go to other countries where they will be well received [and] will not return to the Gulf of Mexico for years if ever. The damage to our industry will be irreversible.”
Cliff & Peter Labords
“Just where in the Constitution of the United States does it say that a president has the authority to extract vast sums of money from a private enterprise and distribute it as he sees fit to whomever he deems worthy of compensation? Nowhere.”
Thomas Sowell
June 22, 2010
“Socialism is really a theory of economic theft and what it produces is poverty. Socialist systems are unable to even keep pace with technological development necessary to sustain a modern economy. Moreover, they are fundamentally incompatible with human liberty.”
David Horowitz
“Indebted countries may soon be forced to choose among three politically difficult alternatives: sharp cuts in expenditures, debt default or printing money to pay off debt.”
Daniel Arbess
“The president claims that cap-and-trade legislation – which would cost Americans up to $200 billion a year in new taxes, according to the Treasury Department’s own estimates – will help create incentives for new, green technologies. But whatever hypothetical jobs might be created in the future, the effect of the legislation would be to kill current jobs today. And with unemployment at nearly 10 percent and sluggish economic growth, the last thing we need is a job-killing tax amounting to $1,700 per year on the average household.”
Linda Chavez
“President Obama’s oil spill speech revealed, once again, how stunningly shameless he is. This relentless ideologue is not even marginally competent at masking his ongoing crusade to apply a wrecking ball to every sector of our economy and remake it in his own image.”
David Limbaugh
“Pride may not be the greatest sin, but it wreaks the greatest havoc.”
James Cook
June 18, 2010
“No entrepreneur or business owner in their right mind would hire an employee or plan an expansion without knowing the cost of their labor, new healthcare mandates, availability of credit or the cost of energy and unreported tax increases (VAT taxes, Medicare surcharges, the destruction of capital gains taxes, etc., the list is too long to cover, but be assured there are dozens of new taxes). When those issues are unknowable uncertainty reigns supreme and the willingness to take risks vanishes, because there is no way to calculate the odds of success with those variables. There will be no jobs or small business growth until these things are dealt with.”
Ty Andros
“In the market, when a firm fails to please its customers and fails to earn a profit, it goes bankrupt, making those resources available to another that might do better.”
Walter Williams
“You could quintuple and then quintuple again the output of wind and solar and it wouldn’t reduce our dependence on oil. Why? Because we use oil for transportation, not for electricity.”
Jonah Goldberg
“If you like wilderness, as I do, the last thing you want is to go back to the medieval habit of using the landscape surrounding us to make power.”
Matt Ridley
“Natures meanest trick is to give a person great talent without the confidence to use it.”
James Cook
June 17, 2010
“Good intentions cause most of the world’s great evils.”
Dennis Prager
“Ethanol production steals precious land to produce inefficient fuel inefficiently (making food more scarce and expensive for the poor). If all our transport fuel came from biofuel, we would need 30% more land than all of the existing food-growing farmland we have today.”
“The big difference between entities that serve us well and those who do not lies in what motivates them. Wal-Mart and millions of other business are profit-motivated whereas government schools, USPS and state motor vehicle departments are not.”
Walter Williams
“Job and income growth? What job growth? Incentives matter as does the ability to take a calculated risk in hiring a new employee or starting a business. Why take a risk when there is no reward for doing so?
“There is no reward and there will be none; socialists never understand human behavior except at the lowest levels of society where people are desperate to escape poverty, thus becoming the mob which populous politicians prey upon, even though they are culprits of the economic malaise. The consequence of their economic illiteracy and insatiable greed for power over others.
“The problem does not lie with your small-business-owner neighbors, aka the rich, as your public serpents tell you.”
Ty Andros
“To be blunt, ‘there ain’t gonna be no ‘deflation’. All the idiots out there selling [their] gold are being taken to the cleaners. . .The money which the Fed has unleashed on the country over the past 2 years will cause a massive increase in prices.”
Howard Katz
“When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it.”
Frederic Bastiat.
June 16, 2010
“Instead of wrestling with the great ideas of those who lived before them, the university is dominated by people who are convinced that all one needs to know [to] achieve good is to love equality and social justice, and to regard reliance on the Bible, Judeo-Christian values and the American Founders’ values as an indication of moral and intellectual weakness.”
Dennis Prager
“If the Obama administration was for real, and trying to help get the oil spill contained as soon as possible, the last thing its Attorney General would be doing is threatening a lawsuit. A lawsuit is not going to stop the oil, and creating a distraction can only make people at BP start directing their attention toward covering themselves, instead of covering the oil well.”
Thomas Sowell
“The two pillars of democratic government are the primacy of the law and the budget.”
Ludwig von Mises
“There are many farm handouts; but let’s call them what they really are: a form of legalized theft. Essentially a congressman tells his farm constituency, ‘Vote for me. I’ll use my office to take another American’s money and give it to you.’”
Walter Williams
“Left-wing politicians take away your liberty in the name of children and of fighting poverty, while right-wing politicians do it in the name of family values and fighting drugs. Either way, government gets bigger and you become less free.”
Harry Browne
June 15, 2010
“Those who have helped the poor the most have not been those who have gone around loudly expressing ‘compassion’ for the poor, but those who found ways to make industry more productive and distribution more efficient, so that the poor of today can afford things that the affluent of yesterday could only dream about.”
Thomas Sowell
“The present leadership inside the Beltway and G10 capitals has engineered the perfect storm of destruction. In 1982, Margaret Thatcher and Ronald Reagan had reduced taxes and regulation and dismantled much of the Welfare State, thus setting the table for growth and wealth creation. Conversely, since 2008: socialists have implemented the largest intrusion into the private sector in history, they are politicizing the financial sector even more, radically expanding entitlements, taxes and the social safety net. One approach – the road to recovery, the other – road to ruin.”
Ty Andros
“It is impossible to manage the health care requirements of tens of millions of American citizens at the federal level. It is impossible to manage all the permutations of people’s economic aspirations and lives through a complex tax code. It is impossible to try to second-guess the market. It is impossible, from a managerial standpoint, for the federal government to do the things it is trying to do today.”
Frederick W. Smith
“If citizens wish to retain their liberty, they cannot assume that those who seek power over them are honest. Skepticism of government is one of the most important – and most forgotten – bulwarks of freedom.”
James Bovard
“The hardest thing to believe is that which you don’t want to have happen.”
James Cook
June 10, 2010
“It should be evident to al that Obamanomics is a disaster. It reminds one of nothing so much as the Medieval practice of bleeding the patient to make him well by expelling the evil spirits that dwelt within. When the patient did not recover, they just bled him more and, when he died, they just said that the spirits killed him. The practice of spending, borrowing and then taxing to fuel job growth is the modern analogy.”
Dick Morris
“The idea of criminalizing ‘greed’ resonated with people who believed that the United States needed to be remade in the image of the Soviet commissars.”
William L. Anderson
“Washington politicians who have never run any business are telling all kinds of businesses – from automobile companies and banks to hospitals and insurance companies – how they have to run their businesses. This is the golden age of ignorance in power.”
Thomas Sowell
“As the state seeks to control virtually everything and crushes all real opposition, Americans now inhabit a country that would be completely unrecognizable to its founders. Indeed, it bears only fait resemblance to the country it was 50 years ago.”
Robert Higgs
“Beware the greedy hand of government, thrusting itself into every corner and crevice of industry.”
Thomas Paine
June 9, 2010
“It was Thomas Edison who brought us electricity, not the Sierra Club. It was the Wright brothers who got us off the ground, not the Federal Aviation Administration. It was Henry Ford who ended the isolation of millions of Americans by making the automobile affordable, not Ralph Nader.”
Thomas Sowell
“Statism itself has become a religion for many Americans. Do they not honor the government above all else, even above the commandments of the religions they claim to embrace?”
Robert Higgs
“The economic freedom that made the U.S. economy the leader of the world has given way to a rigged, controlled, and regulated economy,”
Bill Bonner
“Every man’s life, liberty and property are in danger when the legislature is in session.”
Daniel Webster
“We tried to provide more for the poor and produced more poor instead. We tried to remove the barriers to escape poverty; and inadvertently built a trap.”
Charles Murray
June 8, 2010
“The idea that multiplying rules and statutes can protect consumers and investors is surely one of the great intellectual failures of the 20th century.”
Gerald P. O’Driscoll Jr.
“Because prices fluctuate on a free market, there is a tendency, sooner or later, for everything produced to be used in one way or another.”
Bettina Bien Greaves
“When industrial profits are above average, jobs are plentiful and unemployment is comparatively low. . . But for some unknown reason, that direct and observable relationship between industrial jobs and profits is usually denied by union leaders and government officials.”
Dean Russell
“No nation ever taxed itself into prosperity.”
Rush Limbaugh
“Private enterprise is not as spectacular nor as easy to see as the socialist way of temporarily diffusing poverty by eating up the seed corn – the tools – which will increase poverty in the long run.”
R. C. Hoiles
June 4, 2010
“How do you rationalize the recent report in the Financial Times (3/2/10) that Goldman Sachs never had a trading day loss in April, yet its clients in eight out of ten cases lost money. The Financial Times reports “The trading operations of Goldman Sachs and JPMorgan Chase made money every single business day in the first quarter. Morgan Stanley reported trading profits on a mere 93% of the first quarter trading days. This defied any sort of logic in freely trading markets, unless the markets are controlled and the game fixed. These are better odds than owning a casino.”
Gordon T. Long
“Keynes’ theory is nothing more nor less than a fallacy. It fails to recognize that the stimulus money has to come from somewhere, and that withdrawing it from circulation will have an opposing effect on jobs that may cancel out the Keynesian effect of the spending.”
Martin Hutchinson
“Federal workers now earn, in wages and benefits, about twice what their private-sector equivalents get paid. State workers ofte4n have Cadillac health plans and retirement benefits far above the private sector workers have pension benefits, only 50 percent in the private sector. Many can retire at age 50.”
John Steele Gordon
“According to USA Today, ‘paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year,’ while government benefits rose to a record high. In fact, government employment is becoming a method of redistributing wealth. In 2009, the federal payroll grew and the number of federal jobs paying over $100,000 a year doubled.”
Jonah Goldberg
“Given the massive debts in our system, there are two obvious choices. First, hyper-inflate away the debt. However, that ultimately ends in the destruction of the currency and the end of the current fiat age. Secondly, we could default through deflation/devaluation, and try to, n effect, reset the system much like what happened in the 1930’s.”
Andy Sutton
“Poor people don’t want to be around rich people any more than rich people want to be around poor people.”
James Cook
June 2, 2010
“Barack Obama and his party invoke ‘fairness’ as a license to take property from productive people and transfer it to the unproductive.”
Mona Charen
“Bernanke has now thrown everything including the kitchen sink at the financial crisis. As the last few weeks have demonstrated, he’s done nothing but pave the way for an even bigger Crisis. What should have taken down a handful of Wall Street banks is now going to wreck the U.S. currency (what’s happening with the Euro today will eventually happen in the U.S.).”
Graham Summers
“The plunge in M3 has no precedent since the Great Depression.”
Tim Congdon
“Electric cars are the next big thing, and they always will be.”
Robert Bryce
“Regardless of race, children raised without fathers comprise an astonishing 70 percent of our nation’s long-term prison inmates, 70 percent of all young people in state reform institutions, 60 percent of rapists, and 72 percent of adolescent murderers. Regardless of race, each year a boy spends without a father increases his likelihood of future incarceration by about 5 percent. And regardless of race, children from fatherless homes are characterized by much higher-than-average rates of academic failure, placement in special-education classes, behavioral disorders, drug abuse, and such psychiatric problems as depression and anxiety. In other words, growing up without a father is a far better forecaster of a boy’s future criminality than either race or poverty.”
John Perazzo
May 28, 2010
“Central banks create fiat money, denigrate gold, and try to convince the people that the money they print is wealth. That’s the great lie behind fiat money. I see one facet of this bear market as the beginning of the end of fiat money. No man and no organization can create wealth with the click of a computer. That’s the great immoral fraud underlying this bear market.”
Richard Russell
“As the Greeks discovered, when the markets wake up to a risk of inflation or default, they drive up the borrowing costs far ahead of any rise in the inflation rate and a country finds itself being crushed – by the rising real rates.”
Niall Ferguson
“Arbitrary government power is being multiplied daily by the now practically unchallenged assumption that wherever there is any problem of any kind to be solved, government is the agency to step in and solve it.”
Henry Hazlitt
“If wind and solar power were practical, entrepreneurs would invest in it. There would be no need for government to take money from taxpayers and give it to people pushing green products.”
John Stossel
“Mankind goes to excess whenever possible.”
James Cook
May 27, 2010
“The debt burdens that we currently face in the western world are those we have previously only seen in times of world war. It’s like we have the financial consequences of a world war without the world war.”
Niall Ferguson
“There is every reason to expect most of the new immigrants to be good workers, good neighbors, and fully assimilated Americans within a generation.”
William Niskanen
“The epithet profiteer is the expression of an arbitrary judgment of value. There is no other standard available for the distinction between profiteering and earning fair profits than that provided by censor’s personal envy and resentment.”
Ludwig von Mises
“A traffic jam is a collision between free enterprise and socialism. Free enterprise produces automobiles faster than socialism can build roads and road capacity.”
Andrew Galambos
“If we can no longer control the government that is supposed to be serving us, we have lost something far more precious than money – our freedom.”
Howard Ruff
May 26, 2010
“With excessive leverage and inadequate saving, the U.S. capital base is not being renewed as it would normally be after a speculative blowout. In the financial sector, this brings additional risk of a meltdown such as occurred in 2008. In the rest of the economy, it means in the long run that the U.S. will no longer have sufficient capital supporting the skills of its workforce. If the U.S. comes to have capital per head equivalent to that of China, and its education system is no better, why should it enjoy higher living standards?”
Martin Hutchinson
“There are all kinds of wonderful words for default that you need to know because they’ll be appearing in the Wall Street Journal and the Financial Times quite frequently in the months ahead. You can have repudiation, standstill, a moratorium, restructuring, rescheduling, and so one. But it all boils down to changing the terms of the original loan – default.”
Niall Ferguson
“The head of our central bank, Benjamin S. Bernanke, has a perfect track record for predicting economic outcomes. Unfortunately, his track record is perfect only due to its 100% inaccuracy. The Fed chairman once assured investors that the subprime housing crisis was contained and would not bring down real estate prices or affect the overall economy.”
Michael Pento
“Liberals have a learning disability when it comes to the impracticability of socialism. They are so steeped in the seductive lies of false compassion that no amount of logic, history or everyday experience registers. Thus, they continue to burden the market system to an unsustainable level.”
David Limbaugh
“The exercise of freedom invariably results in some choices that are unwise or wrong. But, by living with the consequences of his foolish choices a man learns to choose more wisely next time.”
Edmund A. Opitz
May 25, 2010
“A very good case can be made, on moral as well as economic grounds, for a system in which the individual is required to stand on his own feet, not to lean on the state for handouts. Character, resourcefulness, capacity are formed and developed in struggle with obstacles, not in waiting passively for benefits from outside.”
William Henry Chamberlin
“There is no such thing as improved, enhanced, more efficient or streamlined government. We have one option: more government or less government.”
Bill T. Davis
“Yes this is it! We have crossed the Rubicon and events in the world economy are now likely to unfold in a totally uncontrollable fashion. Clueless governments still don’t understand that it is their ruinous actions that have created a credit infested and bankrupt world. The will continue to prescribe the same remedy that caused the problem in the first place, namely more credit and more printed money. The consequences are clear; we will have hyperinflation, economic and human misery as well as social unrest.”
Egon von Greyerz
“It isn’t possible to give government just a little control over the economy and our lives. Once we cede that power to government, it uses the power to take more from us. That’s why every year the government controls more of our lives.”
Harry Browne
“The more you know the more confidence you have. The more confidence you have the more you can achieve.”
James Cook
May 24, 2010
“The moral bankruptcy of the notion that third parties can decide when somebody else has ‘enough’ money is matched by its economic illiteracy. The rest of the country is not poorer by the amount of Bill Gates’ fortune today and was not poorer by the amount of John D. Rockefeller’s fortune a century ago.”
Thomas Sowell
“If one regards inflation as an evil, then one has to stop inflating. One has to balance the budget of the government.”
Ludwig von Mises
“Whatever happened to Warren Buffett, the world’s third-richest man? Guilt, a feeling of being blessed by luck, forgotten lessons – who knows? In any case Buffett now believes that government should redistribute the wealth earned by others to those who did not earn it.”
Larry Elder
“The more powerful government becomes, the more abuses it commits and the more lies it must tell.”
James Bovard
“The future of private enterprise capitalism is also the future of a free society. There is no possibility of having a politically free society unless the major part of its economic resources are operated under a capitalistic private enterprise system.”
Milton Friedman
May 21, 2010
“One of the many shallow statements that sound good – if you don’t stop and think about it – is that ‘at some point, you have made enough money.’
“The key word in this statement, made by President Barack Obama recently, is ‘you.’ There is nothing wrong with my deciding how much money is enough for me or your deciding how much money is enough for you, but when politicians think that they should be deciding how much money is enough for other people, that is starting down a very slippery slope.”
Thomas Sowell
“The advent of the Obama administration, with its pell mell rush to transform us into Greece, is transforming the Republican party as well. Grassroots activists are reasserting the virtues of limited government, personal responsibility, and public accountability. Our best hope is that tea party principles will prevail. Those are the very principles that can save us from Europe’s fate.”
Mona Charen
“The law mandates the existence of the bureaucrat’s job and makes it extremely difficult to fire him if he does it badly. This is roughly the opposite of how markets deliver services, with roughly the opposite result.”
Joel Miller
“It is difficult to imagine greater government control of a person’s life than forcing the person to give half or more of his honorably earned money to the state under threat of being imprisoned.”
Dennis Prager
“To make a lot of money you must guess right about the future.”
James Cook
May 20, 2010
“As economic historian John Steele Gordon points out, ‘Federal workers now earn, in wages and benefits, about twice what their private-sector equivalents get paid. State workers often have Cadillac health plans and retirement benefits far above the private sector average: 80 percent of public-sector workers have pension benefits, only 50 percent in the private sector. Many can retire at age 50.’ While private employers were shedding jobs during the recession, state and local government hired 110,000 new workers. Obama’s new spending will result in a 14.5 percent increase in the number of federal employees in just two years.”
Mona Charen
“Are we really so eaten up with envy, or so mesmerized by rhetoric, that we are willing to sacrifice our own freedom by giving politicians the power to decide how much money anybody can make or keep?”
Thomas Sowell
“You may not be interested in Islam but Islam is interested in you. Islam smells weakness at the heart of the West. The post-World War II order is dying: The European Union’s decision to toss a trillion dollars to prop up a Greek economic model that guarantees terminal insolvency is merely the latest manifestation of the chronic combination of fiscal profligacy and demographic decline in the West at twilight. Islam is already the biggest supplier of new Europeans and new Canadians, and the fastest-growing demographic in the Western world.”
Mark Steyn
“Silver is apparently still being viewed mostly as a speculative investment and not an instrument to store wealth to shield it from the financial storm. That will change. . .”
Tom Szabo
“I am not robbed by people who have more money than me. I am robbed by a government that wants to penalize my industry and give increasing portions of what I earn to people who do not emulate my principles, morals and ethics.”
Cal Thomas
May 19, 2010
“We face the largest debt bubble in recorded history and it is not a matter of if, but only when it will burst. The longer it takes, the worse the consequences will be.”
Aubie Baltin
“The policy of letting the free market determine the height of wage rates is the only reasonable and successful full-employment policy.”
Ludwig von Mises
“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.”
Ronald Reagan
“The left’s obsession with the high incomes of corporate executives never seems to extend to equally high – or higher- incomes of professional athletes, entertainers, or best-selling authors like Danielle Steel.”
Thomas Sowell
“Those who would administer [charity] wisely must, indeed, be wise, for one of the serious obstacles to the improvement or our race is indiscriminate charity. It were better for mankind that the millions of the rich were thrown into the sea than spent to encourage the slothful, the drunken, the unworthy. Of every thousand dollars spent in so-called charity today, it is probable that nine hundred and fifty dollars is unwisely spent – so spent, indeed, as to produce the very evils which it hopes to mitigate or cure.”
Andrew Carnegie
May 17, 2010
“This may come as a shock to you, but you become wealthier as your gold rises in price. You don’t have to sell your gold to record a profit. Just sit on your gold, and if it continues to rise you will be that much wealthier. The other alternative is to sell your gold for – for what, fiat dollars? Would you feel richer or more important, would you feel safer, if you held dollars instead of gold? Figure your wealth in terms of how many ounces of gold you own. If you own enough gold, you will always be rich, no matter what the stock market does or whether we’re in a depression or a boom.”
Richard Russell
“You work all your life to make a total of $900,000. The Fed, with no work or sweat on its part, can create a billion or 10 billion fiat dollars at will. Is that logical or moral?”
Ty Andros
“Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.”
Ludwig von Mises
“In assuming any office besides its essential one, the State begins to lose the power of fulfilling its essential one.”
Herbert Spencer
“Government is an association of men who do violence to the rest of us.”
Leo Tolstoy
May 14, 2010
“Why start a new business or work hard to make money when the government and president think:
‘We don’t begrudge success fairly earned. I do think at a certain point you’ve earned enough money’. . . Barack Obama
“This is an obscene attitude from the president of the United States. Vote every Democrat out; it is the only way to stop this man from destroying more than he already has. Congressional oversight and support of wealth creation must be restored.”
Ty Andros
“Almost all the fathers of socialism were members of the upper middle class or of the professions.”
Ludwig von Mises
“In capitalism, profit does not come out of another man’s hardship; it comes out of new production of new wealth that’s never existed before.”
Andrew J. Galambos
“The exercise of freedom invariably results in some choices that are unwise or wrong. But, by living with the consequences of his foolish choices a man learns to choose more wisely next time.”
Edmund A. Opitz
“Why is it so hard to see that when America had high savings, low taxes and minimal government, the economy grew like a weed, and today when we have just the opposite, the economy is shrinking?”
James Cook
May 13, 2010
“Wall Street didn’t want to face the fact that the market was so inherently weak that the Dow could fall 1000 points in an hour. So they made up the rumor that it was all a computer mistake.”
Richard Russell
“The something-for-nothing social welfare states of the developed world will ALL descend into the hell hole Greece is becoming.”
Ty Andros
“A monetary order created and managed by politicians and officials is bound to disappoint.”
Hans F. Sennholz
“All government programs accomplish the opposite of what they are designed to achieve.”
John A. Pugsley
“Everything government touches turns to crap.”
Ringo Starr
May 12, 2010
“Every innovation makes its appearance as a ‘luxury’ of the few well-to-do. After industry has become aware of it, the luxury then becomes a ‘necessity’ for all.”
Ludwig von Mises
“There is nothing so good that politicians can’t make it bad and nothing so bad that politicians can’t make it worse.”
Thomas Sowell
“The more government does, the greater chance that its efforts will be tilted toward a particular group’s good, instead of the common good.”
Joel Miller
“The costs of government are bound to be much higher than those of the free market. . .The State cannot calculate well and therefore cannot gauge its costs accurately.”
Murray N. Rothbard
“The only purpose for which power can be rightfully exercised over any member of a civilized community, against his will, is to prevent harm to others. His own good, either physical or moral, is not sufficient warrant.”
John Stuart Mills
May 11, 2010
“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. . .It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up the wrecks from less competent people. . .”
Andrew Mellon – 1929
“A hyperinflationary depression continues to unfold. Trillions of dollars have yet to be created to STEM the collapse. The elites will FAIL and take their financial and currency systems with them.”
Ty Andros
“The fact is that the government, like a highwayman, say to a man: ‘Your money, or your life.’ Andy many, if not most, taxes are paid under the compulsion of that threat.”
Lysander Spooner
“It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first.”
Ronald Reagan
“To succeed in business, put the interest of the customer ahead of your own.”
James Cook
May 7, 2010
“Government can only do something for the people in proportion to what it can do to the people.”
Thomas Jefferson
“Liberals love to strike generous, humanitarian poses with other people’s lives.”
Ann Coulter
“A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations and creating illusory profits, inflation will destroy this function.”
Henry Hazlitt
“The economic miracle that has been the United States was not produced by socialized enterprises, by government-upon-industry cartels or by centralized economic planning. It was produced by private enterprises in a profit-and-loss system. And losses were at least as important in weeding out failures, as profits in fostering successes. Let government succor failures, and we shall be headed for stagnation and decline.”
Milton Friedman
“Bad writing that can’t be understood is sometimes confused with brilliance.”
James Cook
May 6, 2010
“The United States has on-budget debt of $12.7 trillion and off-budget debt from Social Security and Medicare of somewhere around $75 trillion. Estimates vary, but it is safe to assume that the total U.S. debt including unfunded liabilities is around $100 trillion. The total federal interest payments on the public debt have zoomed to $200 billion, the third largest item in the federal budget, after the military and Social Security. I continue to believe that it is impossible for the United States government to ever truly pay off this debt.”
Jason Hamlin
“One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work.”
Thomas Sowell
“A wealthy man can preserve his wealth only by continuing to serve the consumers in the most efficient way.”
Ludwig von Misses
“The proper and limited use of government is to invoke a common justice and keep the peace – and that is all.”
Leonard E. Read
“It is no coincidence that our present troubles parallel and are proportionate to the intervention and intrusion in our lives that result from unnecessary and excessive growth of government.”
Ronald Reagan
May 5, 2010
“The entrepreneur profits to the extent he has succeeded in serving the consumers better than other people have done.”
Ludwig von Mises
“Preaching doom and gloom has been beneficial to the political class. They use it to gain more power and control.”
Walter Williams
“The crying need today is not for more laws, but for fewer. The world must be saved from its saviors. If the friends of liberty and law could have only one slogan it should be: stop the remedies.”
Henry Hazlitt
“The American Dream was not about government’s taking huge sums of money (under the label of ‘taxation’) from citizens by force. The American Dream was about individualism and the opportunity to achieve success without interference from others.”
Robert Ringer
“Do you expect the government to educate your children? To protect you from terrorists? To guarantee your job? To protect you against corporate fraud? The record speaks loudly. It can’t.”
John A. Pugsley
May 4, 2010
“The republic can survive a Barack Obama. It is less likely to survive a multitude of fools such as those who made him their president.”
Dr. Aubie Baltin
“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.”
Thomas Sowell
“Taxation of earnings from labor is on a par with forced labor.”
Robert Nozick
“Under both the welfare state and communism, the responsibility for the welfare, security and prosperity of the people is presumed to rest with central government.”
Leonard E. Read
“We are far too critical of the fabulous system of plenty that has brought us the highest living standards on earth. The liberals have done a good job of undermining faith in themarket system.”
James Cook
April 30, 2010
“One of the reasons our economy continues to amount to 25 percent of all human economic activity on this planet (although our population is less than 5 percent) is because a free, risk-taking, innovative Wall Street has been the financial capital of the world.”
Tony Blankley
“It was largely an unbridled, out-of-control, do-gooder leftist Congress that substituted its values for the wisdom of the market and incentivized and forced financial firms to make loans to people who couldn’t possibly repay them, among other things. These wonderful leftist congressman, who hold themselves out as impartial regulators, resisted Republican efforts to rein in their friends at Fannie and Freddie.”
David Limbaugh
“Congress can raise taxes because it can persuade a sizable fraction of the populace that somebody else will pay.”
Milton Friedman
“The truth is that the government cannot give if it does not take from somebody . . .It is not in the power of the government to make everybody more prosperous.”
Ludwig von Mises
“No resource will flourish if managed by government.”
James Cook
April 29, 2010
“Raised and mentored at the feet of capitalist-hating leftists, Obama repeatedly reveals a visceral distaste for profits. And I don’t mean so-called ‘excess’ or ‘ill-gotten’ profits only, but just plain old profits. Obama thinks, like a Marxist, that profits are ‘surplus value’ stolen by capitalists from laborers who produce the wealth.”
David Limbaugh
“You can only make a profit in this country by giving people a product or a service that they want.”
Michael Medved
“The ‘reform’ coming down the pike will put bureaucrats in charge of investors. If bureaucrats were better than investors, they wouldn’t be bureaucrats. The government will decide which firms are worthy – ‘systemically important’ – and which are not. Those that are will use their official ‘importance’ to game the system. Instead of eradicating ‘too big to fail,’ we will systematize it.”
Jonah Goldberg
“I place economy among the first and most important virtues and public debt as the greatest of dangers to be feared. . . We must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty or profusion and servitude.”
Thomas Jefferson
“If you have ten thousand regulations, you destroy all respect for the law.”
Winston Churchill
April 28, 2010
“The private sector is creating a miracle a day, even as the stuff that government attempts is failing left and right.”
Lllewellyn H. Rockwell, Jr.
“Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied.”
Ludwig von Mises
“You cannot strengthen the weak by weakening the strong. You cannot help the wage earner by pulling down the wager payer. You cannot help the poor by destroying the rich. You cannot help men permanently by doing for them when they could and should do for themselves.”
Abraham Lincoln
“Voters who live off taxpayers are the Democrats’ ace in the hole. The Democrats created big programs and never let the recipients forget it. This gives them an initial advantage of tens of millions of votes in any presidential election.”
Joseph Sobran
“He who assists a poor or needy villain does evil to his neighbor. . . for through the assistance which he renders he. . .supplies him with the means of doing evil to others.”
Emanuel Swedenborg
April 27, 2010
“When the economy expands due to fiscal or monetary stimulus, the productive capacity of the economy will actually decrease because the artificial expansion will mainly encourage mal-investment, i.e., the pursuit of business projects that are not viable in the long run.”
Antony P. Mueller
“What made some enterprises develop into ‘big business’ was precisely their success in filling best the demand of the masses.”
Ludwig von Mises
“Unlike every other person and institution in society, government obtains its revenue from coercion, from taxation.”
Murray N. Rothbard
“Capitalism is the greatest system ever created for alleviating general human misery, and yet it breeds ingratitude.”
Jonah Goldberg
“No matter how large the company, the chief executive needs to sometimes micromanage.”
James Cook
April 26, 2010
“It is quite common for policy makers, economic analysts, and commentators of all kinds to fail to distinguish between economic growth, which enlarges the productive capacity of an economy, and mere expansion of demand. Yet there is a huge difference between the kind of economic growth that comes as a consequence of victories in the battle against scarcity and the kind that is merely an output expansion resulting from increased spending.”
Antony P. Mueller
“When the same man, or set of men, holds the sword and the purse, there is an end to liberty.”
George Mason
“Equality of opportunity is freedom, but equality of outcome is repression.”
Dick Feagler
“What a country wants to make it richer, is never consumption, but production. Where there is the latter, we may be sure that there is no want of the former.”
John Stuart Mill
“As soon as the economic freedom which the market economy grants to its members is removed, all political liberties and bills of rights become humbug.”
Ludwig von Mises
April 23, 2010
“If you want government to intervene domestically, you’re a liberal. If you want government to intervene overseas, you’re a conservative. If you want government to intervene everywhere, you’re a moderate. If you don’t want government to intervene anywhere, you’re an extremist.”
Joseph Sobran
“What makes small business develop into big business is not spending, but saving and capital accumulation.”
Ludwig won Mises
“Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are cause and effect, they feed on each other.”
Henry Hazlitt
“Advocacy groups, politicians, and bureaucrats use the government to advance their private good instead of the common good.”
Joel Miller
“Liberals fostered the subsidies that have converted so many citizens to helplessness. They have made high taxes and big government a way of life. They have corrupted the politicians into believing that in order to be elected to office, they must dispense benefits.”
James Cook
April 22, 2010
“History shows that people who save and invest grow and prosper, and the others deteriorate and collapse.”
Jim Rogers
“A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices.”
Henry Hazlitt
“The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.”
Thomas Jefferson
“Private property was the original source of freedom. It still is its main bulwark.”
Walter Lippman
“Socialism and democracy are irreconcilable.”
Ludwig von Mises
April 21, 2010
“Most of what Congress does fits the description of forcing one American to serve the purposes of another American. That description differs only in degree, bust not in kind, from slavery.”
Walter Williams
“Government is essentially the negation of liberty.”
Ludwig von Mises
“The great Depression came about because of government intervention into the economy through monetary policies, short-sighted trade policies, and huge tax increases.”
William L. Anderson
“Capitalism has enormously raised the economic level of the masses. It has wiped out whole areas of poverty, and continues to wipe out more. The so-called ‘pockets of poverty’ constantly get smaller and fewer.”
Henry Hazlitt
“So you want to know the future? It’s not as hard as it seems. Expect every government program to fail to achieve its stated aims – domestic and foreign – and you will hit the mark every time.”
Llewellyn H. Rockwell, Jr.
April 20, 2010
“In talking about equality and asking vehemently for its realization, nobody advocates a curtailment of his own present income.”
Ludwig von Mises
“The promise of American capitalism is that it makes people richer, freer and more independent. But since the introduction of the Fed, the currency in which Americans keep score has so addled the figures, we scarcely know if we are winning or losing. The dollar we knew as a child – in the 1950s – Is only worth a tenth as much today.”
Bill Bonner
“The sad truth is that one of the reasons people have to go on relief in the first place is that they have been as incompetent or heedless in spending money as in earning it. The worst thing one can give a spendthrift, a drunkard, a drug addict, or a compulsive gambler is cash.”
Henry Hazlitt
“What ‘eminent domain’ laws mean in practice is that politicians have a right to seize your property and turn it over to someone else, in order to gain campaign contributions and win votes.”
Thomas Sowell
“It is said that government is a necessary evil, but it is far more evil than it is necessary.”
James Cook
April 19, 2010
“The top 5 percent of taxpayers contribute 60 percent of revenue. The top 10 percent provide 75 percent.”
Mark Steyn
“Government confiscation and redistribution, no matter how onerous, is hailed as ‘social justice.’ Anyone who lacks anything, whether or not such lack is due to irresponsible behavior, is deemed ‘worthy’ and automatically entitled to compensation. Anyone who has ‘more than his fair share’ is inherently evil. Even the religiously-inspired idea of ‘be your brother’s keeper’ becomes ‘be your brother’s keeper – or else.’”
Arnold Ahlert
“A day never passes without some ardent reformer or group of reformers suggesting some new government intervention, some new statist scheme to fill some alleged ‘need’ or relieve some alleged distress.”
Henry Hazlitt
“The popular notion that an increase in the stock of money is socially and economically beneficial and desirable is one of the great fallacies of our time.”
Hans F. Sennholz
“The improvement of well-being brought about by capitalism made it possible for the common man to save and thus to become in a modest way himself a capitalist. A considerable part of capital working American business is the counterpart of the savings of the masses.”
Ludwig von Mises
April 16, 2010
“Make no mistake: the neo-Marxists in Washington, D.C. – and that’s exactly what they are – want as many Americans as possible to be totally dependent on government.”
Arnold Ahlert
“Democracy decays easily into the tyranny of the majority, in which 51 percent of voters can empty the pockets of the other 49 percent. That’s why a country on the fast track to a $20 trillion national debt exempts half the population from making an even modest contribution to reducing it. And it’s also why the remorseless shriveling of the tax rolls is a cancer at the heart of republican citizenship.”
Mark Steyn
“Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure.”
Mark Skousen
“Entitlement? How can you be entitled to someone else’s money?”
John Stossel
“The worst thing anybody can call you is a genius, for fear you might begin to believe it.”
James Cook
April 14, 2010
“The American corporate media does not serve the truth. It serves the government and the interest groups that empower the government. These events have transformed our country.”
Greg McCoach
“Business has only two functions – marketing and innovation.”
Peter Drucker
“The more people expect from government, the more biased they become against limiting government power.”
James Bovard
“There is in government a living impulse to extend itself indefinitely; and there is in freedom a necessity to resist that impulse.”
Garet Garrett
“The root source of wealth is human ingenuity. This has no known bounds, so the amount of wealth in existence can always be increased. That’s why capitalism is called ‘making money.’”
Marc Geddes
April 12, 2010
"The Obama left, realizing it has really stepped in it with the American people by cramming Obamacare down our throats, has decided to blunt the backlash against it by tarring , yet again, mainstream conservatives as racists, bigots, homophobes and violent. Its tactics are objectively despicable.”
David Limbaugh
“Truth is an inconvenience for government and for the interest groups whose campaign contributions control government. Truth is inconvenient for ideologues.”
Greg McCoach
“If the history of welfare teaches us anything, it teaches us that government money is as addictive as any narcotic.”
Michael D. Tanner
“Universities have failed in their function of the pursuit of academic excellence by having dumbed down classes and granting degrees to students who are just barely literate and computationally incompetent.”
Walter Williams
“The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization.”
Unknown
April 9, 2010
“Time and again, experience has shown that while private enterprise, carried on in an environment of open competition, delivers the best products and services at the best price, government intervention stifles initiative, subsidizes inefficiency, and raises costs.”
Burton W. Folsom, Jr.
“The more power government has to provide thins, the more power it has to dictate terms.”
Sheldon Richman
“Democracy is not a good that people can enjoy without trouble. It is, on the contrary, a treasure that must be daily defended an conquered anew by strenuous effort.”
Ludwig von Mises
“During the 1930s, some of the leading intellectuals in America condemned our economic system and pointed to the centrally planned Soviet economy as a model – all this at a time when literally millions of people were starving to death in the Soviet Union, from a famine in a country with some of the richest farmland in Europe and historically a large exporter of food.”
Thomas Sowell
“A free ride is life’s most difficult journey.”
James Cook
April 8, 2010
“The modern mind dislikes gold because it blurts out unpleasant truths.”
Joseph Schumpeter
“What will it matter if Obama’s current approval rating is below 50 percent among the current voting public, if he can ram through new legislation to create millions of new voters by granting citizenship to illegal immigrants?”
Thomas Sowell
“Obama’s healthcare bill will be, without comparison, the most damaging Congressional decision in the history of the United States. America’s financial condition is already terminal under all possible scenarios, but passage of this bill will dramatically accelerate the end game, i.e. a collapsing dollar against the value of real money (gold and silver) and real items of value such as food, clothing, shelter, and medicine.”
Andy Hoffman
“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.”
Ludwig von Mises
“A fine is a tax for doing something wrong. A tax is a fine for doing something right.”
Unknown
April 6, 2010
“Today Americans are ruled by propaganda. Americans have little regard for truth, little access to it, and little ability to recognize it. Truth is an unwelcome entity. It is disturbing. It is off limits. Those who speak it run the risk of being branded ‘anti-American,’ or ‘conspiracy theorist.’”
Paul Craig Robert
“There is no definition for the dollar. The dollar can only be defined in terms of other currencies, and the currency that the dollar is mainly compared with is the euro. But it’s absurd to judge the strength or weakness of the dollar in terms of the strength or weakness of the euro. The true test of the dollar is in its relationship to gold, not in its relationship to a sick currency like the euro. This is all part of the craziness that surfaced when the world abandoned the gold standard. Thus, I compare the world monetary situation to a ship at sea that has lost both its rudder and its anchor.”
Richard Russell
“Ownership of physical gold and silver has never been more important than right now for our generation, who are about to learn the lessons of history once again on why flat currencies never work.”
Greg McCoach
“Sovereign governments through their bailouts, stimulus packages and support, have basically become the credit markets. Hence, the one market to watch is the Treasury market.”
Jordon Roy-Byrne
“The eyes of the owner can see what no one else can see.”
James Cook
April 2, 2010
“Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism.”
Murray N. Rothbard
“Every businessman enjoying customer patronage, whether he be a baker, banker, or barber is conferring a public benefit, raising production, and reducing unemployment; businessmen earn their livelihood by producing products and rendering services wherever they are needed.”
Hans F. Sennholz
“Government intervention in the economy – through taxes, regulation and, most importantly, currency inflation – causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression – wherein the entire sickly structure comes unglued.”
Doug Casey
“Once we realize that government doesn’t work, we will stop dreaming that this or that social problem can be solved by passing a law – or by creating a new government program – or by electing someone who will make Washington more efficient or cost-conscious.”
Harry Browne
“If everyone had to start up their own business, socialism would soon die.”
James Cook
April 1, 2010
“The essential function of the State is to maintain peace, justice, law, and order, and to protect the individual citizen against aggression, violence, theft, and fraud.”
Henry Hazlitt
“The liberals say they are for civil liberties and personal freedom, but they continue to advocate government regulation of business, redistribution of wealth, and various forms of social engineering to manipulate human relationships and attitudes.”
Richard M. Ebeling
“You are much surer that you are doing good when you pay money to those who work, as a recompense of their labor, than when you give money merely in charity.”
Samuel Johnson
“As crisis after crisis torments the American people, each gives ample opportunity to reiterate what we have been sharing all along: do not look to your oppressor the government, for solution s to the very problems it created.”
Christine Smith
“Big-government conservatives display a great naiveté about the way government works. They appear to believe that limited programs will not grow or see their original purposes corrupted. But little in the history of government justifies such faith.”
Michael D. Tanner
March 31, 2010
Obama’s healthcare bill will be, without comparison, the most damaging Congressional decision in the history of the United States. America’s financial condition is already terminal under all possible scenarios, but passage of this bill will dramatically accelerate the end game, i.e. a collapsing dollar against the value of real money (gold and silver) and real items of value such as food, clothing, shelter, and medicine.”
Andy Hoffman
“When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it.”
Frederic Bastiat
“The concept of a ‘just’ or ‘fair’ price is devoid of any scientific meaning; it is a disguise for wishes, a striving for a state of affairs different from reality.”
Ludwig von Mises
“One of the greatest delusions in the world is the hope that the evils in this world are to be cured by legislation.”
Thomas B. Reed
“Compassion is good but politicians have turned compassion into the welfare state.”
Thomas Sowell
March 29, 2010
“Peace and prosperity are inversely proportional to the level of taxation.”
John A. Pugsley
“Capitalism gives a poor person an opportunity to become rich. It does not lock people into the condition of poverty.”
Perry Gresham
“Government is so big today that more than half the population gets a major part of its income from the state.”
John Stossel
“Social Security is a fraudulent scheme in which the government collects money from you for your retirement – and immediately spends the money on something else.”
Harry Browne
“Socialism is the renunciation of rational economy.”
Ludwig von Mises
March 26, 2010
“It is not the responsibility of the government or the legal system to protect a citizen from himself.”
Justice Casey Percel
“The end of the law is not to abolish or restrain, but to preserve and enlarge freedom.”
John Locke
“A government big enough to give you everything you want is big enough to take away everything you have, starting with your sense of self-reliance.”
Mark Steyn
“To finance ‘entitlement’ programs, the government threatens force against the taxpayers who provide the money. Why are people who favor compulsion called humanitarians, while those who favor freedom are stigmatized as greedy.”
John Stossel
“Government is no more than taxpayers hiring the most inefficient organization to do the job.”
James Cook
March 25, 2010
“It is a socialist idea that making profits is a vice. I consider that the real vice is making losses.”
Winston Churchill
“No man’s life, liberty or property are safe while the legislature is in session.”
Mark Twain
“Under capitalism the common man enjoys amenities which in ages gone by were unknown and therefore inaccessible even to the richest people.”
Ludwig von Mises
“The government’s War on Poverty has transformed poverty from a short-term misfortune into a career choice.”
Harry Browne
“The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.”
Henry Hazlitt
March 24, 2010
“There is no use whatever trying to help people who do not help themselves. You cannot push anyone up a ladder.”
Andrew Carnegie
“The love of lucre, though sometimes carried to a ridiculous excess, a vicious excess, is the grand cause of prosperity to all States.”
Edmund Burke
“The government transfers income and wealth according to the rules of politics, which make politicians the primary beneficiaries of the system, and the poor and needy the primary victims.”
Hans F. Sennholz
“Laws provide against injury from others; but not from ourselves. God himself will not save men against their wills.”
Thomas Jefferson
“Most Americans, who think Congress has a right to do anything for which they can get a majority vote, ignore the clearly written constitutional restraints on Congress.”
Walter Williams
March 23, 2010
“Universal health care is a great way of implementing one of socialism’s main objectives through the back door: equalization of incomes through redistribution of wealth.”
Jane M. Orient
“The sharper the competition, the better it serves its social function to improve economic production.”
Ludwig von Mises
“The capitalist system has lifted mankind out of mass poverty. It is this system that in the last century, in the last generation, even in the last decade, has acceleratively been changing the face of the world, and has provided the masses of mankind with amenities that even kings did not posses or imagine a few generations ago.”
Henry Hazlitt
“Advocacy groups, politicians, and bureaucrats use the government to advance their private good instead of the common good.”
Joel Miller
“The purer the application of socialism, the worse the results; the purer the application of capitalism, the better the results.”
James Cook
March 19, 2010
“New Orleans has made more educational progress than any other city, largely because the public-school system was wiped out.”
Evan Thomas & Pat Wingert
“Reaching into someone else’s pocket to assist one’s fellow man hardly qualifies as charity.”
Walter Williams
“No matter how deeply you distrust the government’s judgment, you are too trusting.”
George Will
“One of the things the government can’t do is run anything. The only things our government runs are the post office and the railroads, and both of them are bankrupt.”
Lee Iacocca
“Those who think profit is a dirty word should try to make one.”
James Cook
March 18, 2010
“I’m tired of being told that ‘race doesn’t matter’ in the post-racial world of Obama, when it’s all that matters in affirmative action jobs, lower college admission and graduation standards for minorities (harming them the most), government contract set-asides, tolerance for the ghetto culture of violence and fatherless children that hurts minorities.”
Robert A. Hall
“Some champions of ever-greater governmental power and spending invent the theory that the taxpayers, left to themselves, spend the money they have earned very foolishly, on all sorts of trivialities and rubbish, and that only the bureaucrats, by first seizing it from them, will know how to spend it wisely.”
Henry Hazlitt
“Bureaucracies typically move slowly, clumsily, and without much regard for the wants and needs of the people they supposedly serve.”
Joel Miller
“It continues to defy explanation why liberals who theoretically love liberty, equality, tolerance and moderation, should find so much to despise in their own country, which represents the fullest expression of those virtues anywhere on the globe.”
Mona Charen
“You cannot strengthen the weak by weakening the strong. You cannot help the wage earner by pulling down the wage payer. You cannot help the poor by destroying the rich. You cannot help men permanently by doing for them when they could and should do for themselves.”
Abraham Lincoln
March 17, 2010
“The U.S. has one huge advantage, the U.S. alone can print the paper which its debts are denominated in. This is why the reserve status of the dollar is so critical to the survival of the U.S. Should the U.S. lose its reserve status, the result would be an economic collapse.”
Richard Russell
“I’m tired of being told how bad America is by left-wing millionaires like Michael Moore, George Soros and Hollywood Entertainers who live in luxury because of the opportunities America offers.”
Robert A. Hall
“Monetary expansion is a massive scheme of hidden redistribution.”
Murray N. Rothbard
“The more government dependents, the more likely that democracy will become a conspiracy against self-reliance.”
James Bovard
“One of the greatest delusions in the world is the hope that the evils in this world are to be cured by legislation.”
Thomas B. Reed
March 16, 2010
“In confronting advocates of socialized medicine conservatives are not dealing with rational actors fairly pursuing the truth. The overwhelming psychological need to pursue ‘social justice’ steamrolls over all contradictory facts.”
David Swindle
“It’s not the insurance industry versus the American people; it is Obama’s socialist leviathan versus the American people.”
David Limbaugh
“Want to know what an economic dead end looks like? It looks like this: A socialist government is forced to try to adopt austerity measures on an infantilized citizenry gone soft and dependent.”
Mona Charen
“By the end of 2012, true U.S. consumer price inflation will be running at 20% or more, though it is likely that the BLS will still be reporting figures below 1% per month.”
Marti Hutchinson
“Don’t try to be important and you will be.”
James Cook
March 15, 2010
“There is a long history of monetary experience. It tells us that government is at heart a counterfeiter and therefore cannot be trusted to control money, and that this is true of both autocratic and popular government.”
Garet Garrett
“Government aid programs have been endlessly expanded, and the government has sought to maximize the number of people willing to accept handouts. . . . .Roughly half of all Americans are dependent on the government, either for handouts, pensions, or paychecks.”
James Bovard
“The key ingredient of politics is the idea that all of society’s ills can be cured politically. It’s like a cookbook where the recipe for everything is to fry it. The fruit cocktail is fried.”
P.J. O’Rouke
“Socialism destroys the incentive to produce, dampens the human spirit and results, ultimately, in less for everyone.”
David Limbaugh
“The New York Times’ long-standing motto, ‘All the News That’s Fit to Print,’ should be changed to reflect today’s reality: ‘Manufacturing News to Fit an Ideology.’”
Thomas Sowell
March 12, 2010
“Though Obama surely hates insurance companies, we all know he is up to much more than just punishing them. This is about a government takeover, even if it takes several incremental steps. Vilifying insurers sells better than glorifying government.”
David Limbaugh
“When each of us is free to work out his own economic destiny, within the framework of the market economy, the framework of the market economy, the institution of private property, and the general rule of law, we will all improve our economic condition much faster than when we are ordered around by bureaucrats.”
Henry Hazlitt
“Each day, as I take various pills, I realize that without those pills I might not be alive – and, if I were, life would not be worth living. Yet those who produce these medications are under constant attack from people who produce nothing.”
Thomas Sowell
“Government cannot make man richer, but it can make him poorer.”
Ludwig von Mises
“Life instructs us in faith.”
James Cook
March 11, 2010
“President Barack Obama’s obsessive, opportunistic demonization of insurance companies in his quest to pass his not-yet-written health care proposal is growing tiresome. Aren’t you getting sick of a president attacking American citizens and businesses as if they – not Obama’s beloved government – were the enemy?”
David Limbaugh
“Most activists on the Left believe that they, not only their values, are morally superior to their adversaries. Therefore, coercing people to adhere to ‘progressive’ values is morally acceptable, even demanded.”
Dennis Prager
“The essence of an individual’s freedom is the opportunity to deviate from traditional ways of thinking and doing things.”
Ludwig von Mises
“The past 70 years have shown that government has not prudently handled, and cannot prudently handle, the plight of the poor. Rather than help those in need of assistance during times of trouble, the federal government has imprisoned them in a political power game, resulting in increased dependence.”
Jude Blanchette
“Government is in the business of misdirected incentives. Take poverty. Years ago, LBJ unleashed a flurry of government programs to eliminate it. We’ve spent well over a trillion dollars since and all our good intentions got us is more poverty.”
Tom Purcell
March 10, 2010
“It is absurd to claim that wind farms will reduce oil dependence.”
Dr. Donald Perry
“In January, the Senate joined the House in passing ‘pay-as-you-go’ rules to require Congress to pay for new discretionary spending. On Feb. 12, President Obama signed the bill. ‘Now Congress will have to pay for what6 it spends, just like everybody else,’ Obama crowed. Less than a month later, Obama and fellow Democrats are busily demonizing a long senator for pushing Washington to spend responsibly. It seems this administration is all for fiscal restraint – as long as you don’t mean it.”
Debra Saunders
“I’ve been here for 37 years. . . .There’s very little new, really new, that ever takes place. But I’m seeing something in the Republican Party that I’ve never seen in either party. And that is you’ve got a core base of the Party that detests the opposition leader and the entire agenda of the Democratic Party. But at the same time, they have total contempt of their own Party’s leadership and establishment.”
Charlie, Cook
“One of the happiest consequences of the absence of government . . .is the development of individual strength that inevitably follows.”
Alexis de Tocqueville
“Free trade, one of the greatest blessings that a government can confer on a people is in almost every country unpopular.”
Thomas Babington Macaulay
March 9, 2010
“We hard-hearted small-government guys are often damned as selfish types who care nothing for the general welfare. But, as the Greek protests make plain, nothing makes an individual more selfish than the socially equitable communitarianism of big government: Once a chap’s enjoying the fruits of government health care, government-paid vacation, government-funded early retirement, and all the rest, he couldn’t give a hoot about the general societal interest; he’s got his, and to hell with everyone else.”
Mark Steyn
“What happens to a democracy when its educational institutions are converted into training and recruitment programs for one political party and its worldview?”
David Horowitz
“Fiat money is being produced in such quantities that there is increasing suspicions of the viability or worth of central bank created ‘money.’”
Richard Russell
“Government does not solve problems, it subsidizes them.”
Ronald Reagan
“Humans get the greediest right after they’ve made the most money.”
James Cook
March 5, 2010
“Amnesty International has been a handmaiden of the left for as long as I can remember. Founded in 1961 to support prisoners of conscience, it has managed since then to ignore the most brutal regimes and to aim its fire at the West and particularly at the United States.”
Mona Charen
“It’s not only an obesity crisis we face; it’s a parenting crisis and a crisis of adulthood that has convinced too many Americans t hat our federal bureaucracy has an appropriate role in teaching us not just how to eat, but how to live.”
Marybeth Hicks
“All the countries of the major trading currencies – the dollar, euro, pound and yen – have major economic problems that can only be resolved by massive money printing.”
Egon von Greyerz
“The fact is that the Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability in the private economy.”
Milton Friedman
“Life is always increasing one’s capacity for faith.”
James Cook
March 4, 2010
“Economic progress and justice do not consist in superbly equalized destitution, but in the constant creation of more and more goods and services, of more and more wealth and income to be shared.”
Henry Hazlitt
“The government’s coercive taxing power necessarily creates two classes: those who create and those who consume the wealth expropriated and transferred by that power.”
Sheldon Richman
“It’s in politics that men are always aggravating the hopeless tangle of their laws, obscuring the simplest principles and making a mockery of liberty.”
Joseph Sobran
“Liberals insist they believe as strongly in the American dream as the rest of us, but routinely demonize those who succeed in attaining it. They loudly profess their allegiance to capitalism, but resent the inequitable monetary results it produces.”
David Limbaugh
“More than half of all people filing income tax forms use someone else to prepare the forms for them. Then they have to sign under penalty of perjury that these forms are correct. But if they were competent to determine that, why would they have to pay someone else to do their taxes for them in the first place?”
Thomas Sowell
March 3, 2010
“There is no remedy for the inefficiency of public management.”
Ludwig von Mises
“American democracy is capsizing as a result of the vast increase in the number of government dependents and government employees.”
James Bovard
“The nearest thing to eternal life we will ever see on this earth is a government program.”
Ronald Reagan
“Civil liberties, once so easily and thoughtlessly surrendered, will be harder by orders of magnitude for our children and grandchildren to reclaim.”
James R. Muhm
“All the perplexities, confusion and distress in America arise not from defects in their constitution or confederation, not from a want of honor or virtue so much as from downright ignorance of the nature of coin, credit, and circulation.”
John Adams
March 2, 2010
“During 2009 there was a lot of smug talk among academic and political liberals of Keynesianism enjoying a triumphant revival. But in the real world of jobs, wages and production – as opposed to the imaginary one of the chattering classes – the evidences shows that John Keynes’ notion of being able to spend your way out of recession has not worked this time if it ever did.”
Paul Johnson
“The Fed’s race against credit DEFLATION in the U.S. economy is being lost. All the stimulus, all the guarantees, all the deficits and all the outright cash giveaways which the U.S. financial authorities have been lavishing on their economy over the course of the GFC to date have not compensated for the shrinkage of credit based “money supply.” Some U.S. banks don’t want to lend period. Some cannot find any borrowers – outside government guaranteed entities – they want to lend to. But the biggest “problem” is that – outside government entities – the demand for loans is simply not there.”
William Buckler
“Trying to get government to be as efficient as business is as hopeless as trying to te3ach cats to bark and dogs to meow.”
Walter Williams
“We need laws written by people who have confronted life in the real world, not in the sheltered world of trust fund recipients or the insulated cocoon of academia.”
Thomas Sowell
“Rome didn’t fall in a day.”
James Cook
March 1, 2010
“It isn’t the snow outside that has discredited global warming. It’s the chill the warmists have imposed on scientific inquiry. They are acting as enforcers of orthodoxy, not seekers of truth.”
Mona Charen
“The way to crush the bourgeois is to grind them between the millstones of taxation and inflation.”
Lenin
“The two pillars of democratic government are the primacy of the law and the budget.”
Ludwig von Mises
“I am for doing good to the poor, but I differ in opinion of the means. I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it.”
Benjamin Franklin
“Short-sighted and impatient efforts to wipe out poverty by severing the connection between effort and reward can only lead to the growth of a totalitarian state, and destroy the economic progress that this country has so clearly bought.”
Henry Hazlitt
February 26, 2010
“The entire superstructure of climate alarmism rests on data that are doubtful and possibly fraudulent.”
Mona Charen
“Biden – Now taking personal credit for Iraq’s success. Who knew?”
Dave Weinbaum
“Compassion is good but politicians have turned compassion into the welfare state.”
Thomas Sowell
“Relief, or redistribution of income, voluntary or coerced, is never the true solution of poverty, but at best a makeshift, which may mask the disease and mitigate the pain, but provides no basic cure.”
Henry Hazlitt
“If you never cry in movies your soul is not fully developed.”
James Cook
February 25, 2010
“The picture is not pretty. Government’s pets or, in the president’s words, ‘savvy businessmen,’ use government to get policies that will give them competitive advantages and stifle smaller competitors. Pleasing their masters in government is now absorbing the psychic energy of CEOs who used to concentrate on meeting consumers’ needs in order to make profits.”
Michael Barone
“I’ve been saying for months that the difference between America and Europe is that, when the global economy nosedived, everywhere from Iceland to Bulgaria mobs took to the streets and besieged Parliament, demanding to know why government didn’t do more for them. This is the only country in the developed world where a mass movement took to the streets to say we can do just fine if you control-freak statists would just stay the hell out of our lives, and our pockets. You can shove your non-stimulation stimulus, your jobless jobs bill, and your multitrillion-dollar portkathons.”
Mark Steyn
“Language is our tool of communication. If a person has poor oral language skills, he’s likely to have poor writing, reading and comprehension skills. To my knowledge, there are no books in any field of study written in Ebonics or black English. It is very likely that a person with poor language skills will suffer significant deficits in other areas of academic competence such as mathematics and the sciences. It doesn’t mean that the person is unintelligent; it means that he doesn’t have all the tools of intelligence. That is what’s so insidious about the state of black education today; so many blacks do not have a chance to develop the tools of intelligence. Many might have high native intelligence but come off sounding like a moron.”
Walter Williams
“The financial crisis was a convulsion in the corpulent body of social democracy.”
Jeffry Friedman
“We are changing from independent, self-responsible people into a submissive flock. The welfare state kills the creative spirit.”
John Stossel
February 24, 2010
“The first time Evan Bayh gets a serious race for re-election, he quits!”
Dick Morris & Eileen McGann
“Eric Holder – On a scale of 1 to 10 he’s a minus 1,000 as an AG. Is this guy working for us or our enemies?”
Dave Weinbaum
“Not only did [global warming] scientists twist the peer review process, manipulate data, and attempt to suppress dissent, they also destroyed records – is this the scientific method for which liberals are going to the barricades?”
Mona Charen
“Today the left is still divided over its plans for the future, but these plans pale into insignificance in the face of its real passion which is its nihilistic antagonism towards the United States the metropolis at the center of the global capitalist system, and Israel, its imperialist pawn in the Muslim world. The left’s overweening hatred of global capitalism – ‘globalization’ – which is its energizing force, explains how it can make alliances with Islamic fundamentalists who share the same enemy.”
David Horowitz
“Only two things are finite – the expanding universe and Democrat’s hostility to the District of Columbia’s school choice program. Killing this small program, which benefits 1,300 mostly poor and minority children, is odious and indicative. It is a small piece of something large – the Democrats’ dependency agenda, which aims to multiply the ways Americans are dependent on government.”
George Will
February 18, 2010
“Not only will federal and state tax revenues fall well short of expectations, but also increased support for failing economic and financial infrastructure and likely financial bailouts for some states will balloon the federal deficit – and corresponding Treasury funding needs – well beyond consensus estimates and credit market tolerance.”
John Williams
“The government has nothing to give to anybody that it doesn’t first take from someone else.”
Henry Hazlitt
“We must remember we are refining oil for the poor man and he must have it cheap and good.”
John D. Rockefeller
“Capitalism is based on self-interest and self-esteem, it holds integrity and trustworthiness as cardinal virtues, not vices. It is this superlative moral system that the welfare statists propose to improve upon by means of preventative law, snooping bureaucrats and the chronic goad of fear.”
Alan Greenspan
“Nothing is so permanent as a temporary government program.”
Milton Friedman
February 17, 2010
“Thus ‘crowding out’ small business, the economists’ main worry about large government budget deficits, is most certainly happening. Government is spending more money than it takes in, so small businesses can’t get finance and go bust instead.”
Martin Hutchinson
“A weak U.S. economy and faltering fiscal conditions should result in U.S. dollar weakness, which in turn should be reflected in tightening domestic liquidity, higher interest rates and lower equity prices. In such a circumstance, the dollar’s intensified weakness also should be reflected in mounting inflation pressures and much higher gold and silver prices.”
John Williams
“Nothing has value in itself. The consumer confers value on it by seeking to acquire it. Hence, the value of a thing is never objective, but always subjective.”
Faustino Balve
“The most important business of one generation is the raising of the next generation. Nothing else you do in life will be as deeply satisfying . . .”
George Will
“The market steers the capitalistic economy. It directs each individual’s activities into those channels in which he best serves the wants of his fellow-men. The market along puts the whole social system of private ownership of the means of production and free enterprise in order and provides it with sense and meaning.”
Ludwig von Mises
February 16, 2010
“At present, banks are leaving extreme levels of excess reserves on deposit with the Fed, instead of lending those funds into the normal stream of commerce.”
John Williams
“The costs associated with dismantling industrial civilization outweigh even the worst-case global-warming scenario.”
Lewellyn Rockwell
“All the jawboning of banks to increase small business lending has been completely ineffectual; they are reducing it as fast as they can, because in risk/reward terms, there are more attractive things to do with the money. Needless to say, since small businesses cannot get financing, they tend to fail, increasing their perceived risk.”
Martin Hutchinson
“If people come to believe that government will act in their place, they are less likely to become involved themselves. Indeed, we already see substantial evidence that private charitable giving tends to decline when government welfare increases.”
Michael D. Tanner
“The offset to winning at auction is that someone else is disappointed.”
James Cook
February 15, 2010
“For the first time in history, a majority of union members are government employees.”
Michael Barone
“What do you think your chances are of getting the loan you need? Unless you have pictures of your bank manager inflagrante delicto, not too high.”
Martin Hutchinson
“The economic and systemic-solvency problems in the Unites States remain severe in scope and depth. The U.S. difficulties also are much worse than those of its main trading partners, and the eventual recognition of same should have negative impact on the U.S. dollar’s exchange rate versus most major currencies.”
John Williams
“The one thing that can be guaranteed is that a political class led by Harry Reid, Nancy Pelosi, Barney Frank, a handful of reach-across-the-aisle Republican accomodationists and an economically illiterate narcissist in the Oval Office is never going to rein in unsustainable spending in any meaningful sense.”
Mark Steyn
“Instead of working against war and the police state, issues on which the Left tends to be pretty good, instincts were diverted to the preposterous cause of creating a statist system for global thermometer management.”
Lewellyn Rockwell
February 12, 2010
“Capitalism consists of providing first and getting later.”
George Gilder
“There is nothing like widespread poverty to boost a country’s equality index.”
Bob Tyrrel
“The market steers the capitalistic economy. It directs each individual’s activities into those channels in which he best serves the wants of his fellow-men. The market alone puts the whole social system of private ownership of the means of production and free enterprise in order and provides it with sense and meaning.”
Ludwig von Mises
“Bureaucrats denounce private enterprise for the consequences of their own reckless policies and demand still more government controls.”
Henry Hazlitt
“People who never seem to learn claim the government can be made more efficient.”
James Cook
February 11, 2010
“When Social Security started, there were over 8 people working for every retiree. Now there are 3, and soon to be 2 working people to support each retiree. The U.S. has 130 million working people, who must support 70 million retiring baby boomers.”
Chris Laird
“Under capitalism men provide for themselves, while under Socialism they are proved for.”
Ludwig von Mises
“I deny the power of the general government to making paper money, or anything else a legal tender.”
Thomas Jefferson
“The increase of social wealth is not accompanied by a diminishing number of capitalist magnates, but by an increasing number of capitalists of all degrees.”
Eduard Bernstein
“In a market, goods and services are exchanged through a myriad complex of voluntary transactions, each made to the mutual benefit of those engaging in the transaction. The costs of bad choices are borne by those who make them.”
Jeffrey A. Singer
February 10, 2010
“Every mortgage-backed security bundle was infected with suicidal, politically correct loans that had been demanded by community organizers such as Barack Obama.”
Ann Coulter
“Liberals have a woeful lack of understanding of economic principles, which inevitably leads them to think that they can change the natural laws of economics through the simple act of enacting legislation.”
Jacob G. Hornberger
“Most Americans have figured out that they’re up against two formidable foes: their own out-of-control federal government – and a lapdog, see-no-evil media which has abandoned anything resembling journalistic integrity.”
Arnold Ahlert
“Capitalism is the key to survival.”
Andrew J. Galambos
“The greater the power, the more dangerous the abuse.”
Edmund Burke
February 9, 2010
“The rich, resourceful and productive are leaving high-tax California. Many of the rich, resourceful and productive are leaving debt-laden, high-tax America. Thanks Obama, you said you were going to bring us change.”
Richard Russell
“As most Americans have figured out by now, the man occupying the White House – as a result of arguably the biggest mistake ever made by the American electorate – will say absolutely anything. There is no other conclusion one can come to whenever Barack Obama has the nerve to talk about his commitment fiscal responsibility.”
Arnold Ahlert
“By pursuing his own interest (a person) frequently promotes that of the society more effectually than when he really intends to promote it. I have never known much good done by those who affected to trade for the public good.”
Adam Smith
“Liberals believe that all that matters with respect to policy are good intentions. As long as liberals mean well, they think that the policies they implement, especially with respect to the poor, are justified.”
Jacob G. Hornberger
“Lack of transparency leads to conspiracy theories.”
James Cook
February 8, 2010
“While growth of debt in the short term is viable, growth of debt faster than the growth of GDP is not viable over the long run. This is not debatable. It is a simple fact.”
John Mauldin
“The biggest emerging economies have ambitious plans that require a greater share of the world’s limited commodities. This trend is spurring profound and permanent disruptions in how these resources are allocated now and in the future. For investors, these disruptions present opportunities.”
Frank Holmes
“The most important story this week, but one you’ve likely not heard about is the passing of regulations by the SEC whereby money market funds can suspend redemptions.”
Warren Bevan
“The Fed can directly create money out of nothingness, without limit. For good reason, this power is rarely used, as it tends to end up destroying the value of the currency and wiping out the value of everyone’s savings. Yet, this power is being exercised right now on a historically unprecedented scale, with little media or political scrutiny.”
Daniel R. Amerman
“Every penny the government spends will first have to be borrowed from someone in the economy – that is, someone already struggling with the recession’s effects. So where’s the stimulus?”
John Stossel
February 5, 2010
“Tyranny is a political corollary of socialism, as representative government is the political corollary of the market economy.”
Ludwig von Mises
“The state is the great fiction by which everybody tries to live at the expense of everyone else.”
Frederic Bastiat
“Government doesn’t work. You work, I work, Federal Express works, Microsoft works, the Salvation Army works, Alcoholics Anonymous works, but government doesn’t.”
Harry Browne
“Can anyone recall the last time a government bureaucracy declared that it had fulfilled its mission and now should be abolished?”
Michael D. Tanner
“To enslave a people, give them money they didn’t earn.”
James Cook
February 4, 2010
“The only source from which an entrepreneur’s profits stem is his ability to anticipate better than other people the future demand of the consumers.”
Ludwig von Mises
“Government planning always involves compulsion.”
Henry Hazlitt
“If free-market capitalism is a private profit-and-loss system, crony capitalism is a private-profit and public-loss system. Companies keep their profits when succeed but use government to stick the taxpayer with the losses when they fail. Nice work if you can get it.”
John Stossel
“It is amazing how many people think that the government’s role is to give them what they want by overriding what other people want.”
Thomas Sowell
“No one is empowered by free market procedures to enslave any other person, or to compel him to buy or sell anything.”
Paul L. Poirot
February 3, 2010
“If one were to deconstruct the U.S., state-by-state, and then examine the condition of California, Michigan and New York, to name but three, the problems of Europe’s weak sisters would seem almost trivial in comparison.”
John Embry
“The way to maximize production is to maximize the incentives to production. And the way to do that, as the modern world has discovered, is through the system known as capitalism – the system of private property, free markets, and free enterprise.”
Henry Hazlitt
“Capitalism gave the world what it needed, a higher standard of living for a steadily increasing number of people.”
Ludwig von Mises
“The modern campus is deeply obsessed by race and gender, and not much else.”
John Leo
“It is impossible to maintain a free society when more and more people look to the state to provide what Americans used to provide for themselves.”
Warren Pollock
February 2, 2010
“I want to warn the American public about the growing threat to our retirement assets and benefits from a government gone wild, desperate for revenue, and looking for funds to buy their increasingly risky and ultimately worthless treasury obligations.”
Ron Holland
“A democracy is nothing more than mob rule, where fifty-one percent of the people take away the rights of the other forty-nine.”
Thomas Jefferson
“When plunder has become a way of life for group of people living together in society, they create for themselves in the course of time a legal system that authorizes it, and a moral code that glorifies it.”
Frederic Bastiat
“Americans must wake up to the reality that they will have to deal with China and India as equals.”
Martin Sieff
“To make a child laugh, that is something.”
James Cook
February 1, 2010
“The fact that the President is flanked by Barney Frank while discussing how to ‘get’ the terrible bankers should alone make you turn the dial and watch cartoons.”
Clifford S. Asness, Ph.D.
“It’s time we acknowledged the difference between the free market, which is based on freedom and competition, and crony capitalism, which is based on privilege. Adam Smith knew the difference – and chose the free-market.”
John Stossel
“The foreclosure crisis isn’t letting up. Between 3 and 3.5 million homes are expected to enter some phase of foreclosure this year.”
Rick Sharga, RealtyTrac
“It is absurd to ask politicians to promote financial integrity and sound accounting. They are the worst violators of these principles on the planet.”
Robert P. Murphy
“Make no mistake, the government need for current revenue and their frenzied search for liquidity to monetize their debt obligations is an unspoken quest of both political parties. The establishments of both political parties will do whatever it takes to stay in power, including the raiding and pillaging of your retirement funds.”
Ron Holland
January 29, 2010
“Currencies don’t float they just SINK at different rates.”
Clyde Harrison
“Has this administration seen a human activity they don’t instinctively wish to socialize?
Clifford S. Asness, Ph.D.
“We are doomed.”
Marc Faber
“There are almost no traditional families in inner-city neighborhoods.”
Heather MacDonald
“Sex is a blessing and an affliction.”
James Cook
January 28, 2010
“A global economy based on credit creation cannot survive unless it continually expands to maintain the ability to service existing debt.”
Bill Buckley
“Instead of attacking the ‘fat cat’ bankers, policymakers would do well to address the root causes – too much debt. America’s debt load exploded during the financial crisis, with unprecedented government spending and by underwriting of private sector’s debt obligations. Indeed the shift didn’t make them any less toxic. And the Fed’s rapid growth in credit, inflated this great American debt machine. Since the U.S. government averted the meltdown by printing money, it has kept its expansive monetary and spending policies in place too long creating the world’s biggest debt bubble. The national debt has climbed from $33 billion in 2001 to almost $12.3 trillion. Federal debt has increased 21 percent in the latest quarter, the fifth straight increase of more than 20 percent as the government borrows, borrows and borrows more.”
John R. Ing
“Smooth talk is easy for Mr. Obama, and he often confuses words with deeds.”
Wesley Pruden
“Manmade global warming, for many, is an Earth-worshipping religion. The essential feature of any religion is that its pronouncements are to be accepted on the basis of faith as opposed to hard evidence.”
Walter Williams
“It’s time we acknowledge the difference between the free market, which is based on freedom and competition, and crony capitalism, which is based on privilege. Adam Smith knew the difference – and chose the free-market.”
John Stossel
January 27, 2010
“The next stage in black family disintegration may be on the horizon. According to several Chicago observers, black mothers are starting to disappear, too. ‘Children are bouncing around’ says a police officer in Altgeld Gardens. The mother says: ‘I’m done. You go stay with your father.’ The ladies are selling drugs with their new boyfriend, and the kids are left on their own.”
Heather MacDonald
“Genuine capitalism has never brought down any country, because capitalism engenders wealth, stability and prosperity. What brings societies down is those who nationalize, regulate and overspend.”
Vasko Kohlmayer
“The dirty little secret that communists, Marxists, and progressives don’t want you to know is their system has never ever worked. And not only has it never worked, it has led to some of the most horrifying outcomes in history.”
Glen Beck
“You have to be a true believer in Barack Obama’s radical agenda to be a Democrat in Congress, and believe with the intensity of a suicide bomber. Mr. Obama can’t even promise a harem of virgins in paradise.”
Wesley Pruden
“Minorities have been the biggest losers from numerous liberal policies promoted by the Democrats – whether in maintaining the monopoly of failing public schools for the sake of the teachers’ unions, restricting the building of housing for the sake of the environmentalists, turning criminals loose in minority communities for the sake of American Civil Liberties Union and like-minded ‘progressives’ or artificially expanding unemployment among minority young people with minimum wage laws.”
Thomas Sowell
January 21, 2010
“The assumption now pushing the democrats over the cliff is a kind of warmed-over Leninism. Lenin’s unique contribution to the philosophy of Marxism was to connect the Communist’s attack on economic freedom with his own assault on political freedom. The workers, he argued, were too ignorant and apathetic to rise up against capitalism as they should according to Marxist theory. So instead they need to be pushed into Communism by a “revolutionary vanguard” – you might call them “community organizers” – composed of a bunch of middle-class coffee-house intellectuals like Lenin. That’s how you get a “dictatorship of the proletariat” that is actually run by a self-appointed elite.”
Robert Tracinski
“The Fed has laid the groundwork for some serious inflation down the road by printing all this money. The U.S. government lies about inflation. Prices of nearly everything are going higher. Inflation pressures are accelerating, and we’re going to be paying more for just about everything down the road.”
Jimmy Rogers
"Politics is largely the process of taking credit and putting the blame on others – regardless of what the facts may be."
Thomas Sowell
"Entitlement? How can you be entitled to someone else’s money?
John Stossel
"People try to live within their income so they can afford to pay taxes to a government that can’t live within its income."
Robert Half
January 20, 2010
“However, the single most important thing that Congress and the president could do to help the economy recover is to hold down government spending. Government has no money of its own – something liberals seem incapable of understanding. Government gets money only by taking it away from individuals.”
Linda Chavez
“Politicians on the Left and Right argue not over the principle of self-reliance, but rather about the growth rate of current “entitlements.”
Cal Thomas
“In the history of individual freedom, I am less than a cipher compared to Vaclav Havel, but I intend to keep on writing about those American public figures and institutions who claim to be on the front line of resistance to totalitarianism and racism but continue to imbue the Cuban Revolution with a romantic aura of unparalleled liberation of each and every one of its citizens.”
Nat Hentoff
“Obama is spending borrowed money so fast there will be no way to pay it back without severe economic pain, the kind that will eclipse any possible economic growth that could come from his spending in the first place – if it were to work as he has promised, which it won’t and can’t.”
David Limbaugh
“Putting terrorists on trial in American criminal courts, under rules designed for American citizens, tells you all you need to know about whether the Obama administration is serious about security or is still playing the political correctness games.”
Thomas Sowell
January 19, 2010
“Rather than fulfill their obligations to make loans to small businesses and homeowners (the state purpose of the bailouts), the banks instead loaned the money back to governments, traded on the markets, and awarded billions to themselves for being such astute financiers. In layman’s terms, it was one big global financial circle jerk.”
Gerald Celente
“When commercial real estate collapses, the props will be pulled out from under the banks holding the loans. Absent governments coming to the rescue with more prop trillions, the shock from the free-falling commercial sector will irreparably damage the equity markets and reverse modest gains made possible by central bank interventions.”
Trends Research
"As a very important source of strength and security, cherish public credit. One method of preserving it is to use it as sparingly as possible."
George Washington
"As crisis after crisis torments the American people, each gives ample opportunity to reiterate what we have been sharing all along: do not look to your oppressor, the government, for solutions to the very problems it created."
Christine Smith
"When the government tries to make people more equal, it makes them more unequal."
James Cook
January 18, 2010
“In this year of 2010, it will become evident that the great experiment with paper money printing has run its course. It will be impossible for governments to continue to print money in order to paper over their debts. The debt bubble has well and truly burst and the ramifications will be horrendous.”
Ian Gordon
“Gold will power the next great commodities bull-run that will last for a decade. With so many people worried about budget deficits and paper money, gold will be a great investment, and relatively few people are invested in it. So when you say it’s a bubble, nobody owns gold yet.”
Jimmy Rogers
“We have enshrined a giant immorality as truth – that individual earnings belong to the collective rather than to those who produce them, and that we can in the name of the collective confiscate ever-larger portions of those earnings to advance our own individual lives and businesses in the form of pork, privileges, subsidies, loans, and entitlements.”
Nelson Hultberg
“The American businessmen, as a class, have demonstrated the greatest productive genius and the most spectacular achievements ever recorded in the economic history of mankind. What reward did they receive from our culture and its intellectuals? The position of a hated, persecuted minority. The position of a scapegoat for the evils of the bureaucrats.”
Ayn Rand
Welfare is the basic cause of the deleterious cultural changes we have witnessed in the West over the past 60 years."
Martin Durkin
January 15, 2010
“Government holds a legal monopoly on the use of physical force.”
Ayn Rand
“Isn’t the whole idea behind the massive regulation and regimentation of American industry and society the notion that individuals should be forced to behave in ways defined by a small governmental elite?”
Thomas DiLorenzo
“Inflation comes about because our politicians and bankers create billions of new paper dollars out of nowhere. It is, in essence, the same thing as counterfeiting, which if done by a private citizen would result in a jail sentence.”
Nelson Hultberg
“Never in the history of mankind has there been a global debt bubble of the current magnitude. This has all been enabled by a fiat monetary system, which has been grossly mismanaged through the exorbitant use of the printing press. Nowhere has this been better demonstrated than in the United States, which had a moral responsibility to temper her fondness for debt, because of the extraordinary privilege accorded to the U.S. dollar as the world’s reserve currency.”
Ian Gordan
“Only suffering mitigates pride.”
James Cook
January 14, 2010
“Black people have accepted hare-brained ideas that have made large percentages of black youngsters virtually useless in an increasingly technological economy.
“This destruction will continue until the day comes when black people are willing to turn their backs on liberals and the education establishment’s agenda and confront issues that are both embarrassing and uncomfortable. To a lesser extent, this also applies to whites because educational performance of many white kids is nothing to write home about; it’s just not the disaster that black education is.”
Walter Williams
“Detroit is a prime example of what happens when a state succumbs to the allure of federal dollars. What appears to be a free lunch rapidly turns into a state totally dependent on the federal government, forced to enact ruinous social policies that benefit only select groups of politically connected charlatans.”
Nancy Morgan
“A free society releases the energies and abilities of people to pursue their own objectives. It prevents some people from arbitrarily suppressing others. It does not prevent some people from achieving positions of privilege, but so long as freedom is maintained, it prevents those positions of privilege from becoming institutionalized; they are subject to continued attack by other able, ambitious people.”
Milton Friedman
“America’s abundance was not created by public sacrifices to ‘the common good,’ but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.”
Ayn Rand
“Both sides of the political spectrum must one day realize that limitless government intrusion in the economy, in our personal lives, and in the affairs of other nations cannot serve the best interests of America.”
Ron Paul
January 13, 2010
“The ideas that Karl Marx created in the 19th century dominated the course of events over wide portions of the world in the 20th century. Whole generations suffered, and millions were killed, as a result of those ideas. This was not Marx’s intention, nor the intentions of many supporters of Marxian ideas in countries around the world. But it is what happened.”
Thomas Sowell
“Detroit used to be a productive, vibrant city. It used to have the highest median household income in the country. Then, along came the government. Starting in 1961 with the Model Cities Program, and proceeding through several decades of Democrat governance, Detroit is now the perfect example of the destructive and devastating consequences of federal interference in state policy.”
Nancy Morgan
“Prospects for improvement in black education are not likely given the cozy relationship between black politicians, civil rights organizations and teacher unions.”
Walter Williams
“While big-business leaders and firms can be highly productive servants of consumers in a free-market economy, they are also, all too often, seekers after subsidies, contracts, privileges, or cartels furnished by big government. Often, business lobbyists and leaders are the sparkplugs for the statist, interventionist system.”
Murray N. Rothbard
“A society that puts equality – in the sense of equality of outcome – ahead of freedom will end up with neither equality nor freedom.”
Milton Friedman
January 12, 2010
“Falling prices through increased production is a wonderful long-run tendency of untrammelled capitalism.”
Murray N. Rothbard
“You can travel from one end of the industrialized world to the other and almost the only people you will find engaging in backbreaking toil are people who are doing it for sport. To find people whose day’s toil has not been lightened by mechanical invention, you must go to the non-capitalist world.”
Milton Friedman
“America’s abundance was not created by public sacrifices to ‘the common good,’ but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes.”
Ayn Rand
“It should be easier to repeal laws than to pass them.”
John Stossel
“You can’t have big government and prosperity.”
James Cook
January 8, 2010
“As country after country in Europe has shown over the past 40 years, sharp increases in government’s share of the economy depress growth rates both short-term, as government sucks resources out of the productive sector, and long-term, as the size of the productive sector in relation to the economy is permanently decreased. What’s more, the U.S. government at all levels is far more corrupt than that of Germany or Scandinavia, for example, so its drag on resources will be correspondingly greater.”
Martin Hutchinson
“For the 20th century, it is hard to escape the conclusion that intellectuals have on net balance made the world a worse and more dangerous place. Scarcely a mass-murdering dictator of the 20th century was without his supporters, admirers or apologists among the leading intellectuals – not only within his own country, but in foreign democracies, where intellectuals were free to say whatever they wanted to.”
Thomas Sowell
“The threat from private freelance crime is small potatoes compared to the daily usurpations of the state, with its taxation, regulation, privilege-granting, inflation and war.”
John Stossel
“While big-business leaders and firms can be highly productive servants of consumers in a free-market economy, they are also, all too often, seekers after subsidies, contracts, privileges, or cartels furnished by big government. Often, business lobbyists and leaders are the sparkplugs for the statist, interventionist system.”
Murray N. Rothbard
“Global warming is causing the cold weather.”
Actual comment of a liberal true believer
January 7, 2010
“In 2010, survivalism will go mainstream. Unemployed or fearing it, foreclosed or nearing it, pensions lost and savings gone . . all sorts of folk who once believed in the system, having witnessed its battering have lost their faith.”
Gerald Celente
“It’s a dangerous, reckless and irresponsible way to run the world’s largest economy. We have a market-friendly Fed injecting a lot of liquidity in the system which will set us up for another bubble economy. Excessive monetary accommodation just takes us from bubble to bubble to bubble.”
Stephen Roach
“When the U.S. has to fund its deficit through the combination of issuing more Treasuries and printing more dollars, it is inevitable that the dollar will continue to weaken. The U.S. can’t expect other nations to increase purchases of Treasuries to fund its entire fiscal shortfall.”
Zhu Min
“All the impoverishing effects of socialism are with us in the U.S.: reduced levels of investment and saving, the misallocation of resources, the overutilization and vandalization of factors of production, and the inferior quality of products and services.”
Hans-Hermann Hoppe
“Now, it is sometimes said that medical care is too important to be left to the market, and that it is immoral to profit from the illnesses of others. I say medical care is too important to be left to the failed central plans of the political class. And as for profiting from providing medical care, we can never be reminded enough that in a free society, a profit is a signal that valuable services are being rendered to people on a voluntary basis.”
Llewellyn H. Rockwell, Jr.
January 6, 2010
“Every time hyperinflation rips through an economy, the middle class gets completely wiped out. It is very alarming to watch the purchasing power of an entire life savings reduced to that of a few pennies. Those savings represent years of real labor, real time, effort and sacrifice exchanged for corruptible pieces of paper that politicians and bankers can destroy at whim.”
Ron Paul
“There is no greater threat to individual freedom and autonomy than government.”
John Stossel
“Some of the most distinguished intellectuals in the Western world in the 1930s gave ringing praise to the Soviet Union, while millions of people there were literally starved to death and vast numbers of others were being shipped off to slave labor camps.”
Thomas Sowell
“The demise of a nation is often at the hands of others; and, whereas the usual suspects are its enemies, allies and friends cannot be ruled out.”
Darryl Robert Schoon
“. . . From 1973 to 1985, the financial sector never earned more than 16 percent of domestic corporate profits. In 1986, that figure reached 19 percent. In the 1990s, it oscillated between 21 percent and 30 percent. . . This decade it reached 41 percent.”
Simon Johnson
January 5, 2010
“We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission.”
Ayn Rand
“The guiding purpose of the government regulator is to prevent rather than to create something.”
Alan Greenspan
“The growing role that government has played in financing and administering schooling has led not only to enormous waste of taxpayers’ money but also to a far poorer educational system.”
Milton & Rose Friedman
“The greater dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding.”
Justice Louis Brandeis
“Love of country is nowhere the same as love of government.”
James Cook
January 4, 2010
“Socialized medicine must fail for the same reasons all socialism must fail: it offers no system for rationally allocating resources, and instead promotes the overutilization of all resources, ending in bankruptcy."
Llewellyn H. Rockwell, Jr.
“Capital formation is the greatest charity of all.”
F. A. Harper
“Different people rise to the top under socialism than under capitalism. The higher on the socialist hierarchy you look, the more you will find people who are too incompetent to do the job they are supposed to do.”
Hans-Hermann Hoppe
“Only a purely free market will stop privilege-seeking businessmen from clustering around Washington like flies around a garbage can. Under a free market, the only road to profits will be to please the consumer.”
Sam Wells
“Since 1933, New Deal farm policy has continued and expanded, pursuing its grisly logic at the expense of the nation’s consumers, year in and year out, in Democrat or Republican regimes, in good times and in bad.”
Murray N. Rothbard
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