Government is the great fiction, through which everybody endeavors to live at the expense of everybody else. Frederic Bastiat
Frederic Bastiat, Essays on Political Economy (1846) (Quotation varies with translator)
Monthly Archives: October 2024
The Japanese surrendered on the bow [he pronounced it like bow tie
The Japanese surrendered on the ‘bow’ [he pronounced it like ‘bow ‘ tie] of the ‘aircraft carrier’ [instead of the battleship] Missouri. Al Gore
George Putnam on KIEV radio 12:00 to 2:00 P.M. in Glendale California
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This is the time to be morally clear, nothing justifies terrorism. Dan …
This is the time to be morally clear, nothing justifies terrorism. Dan Quayle
Oct 21, 2001, Washington Times
Love is an ideal thing, marriage a real thing; a confusion of …
Love is an ideal thing, marriage a real thing; a confusion of the real with the ideal never goes unpunished. Johann Wolfgang von Goethe
(1749 – 1832)
New Hampshire is already a cold place, but the day we pass …
New Hampshire is already a cold place, but the day we pass an income tax we’ll enter hell. And it’ll be an even colder day there. Bob Clegg
New Hampshire state Representative on the attempt to pass an income tax, U.S. News and World Report, April 12, 1999.
People who have a financial stake in the country are a little …
People who have a financial stake in the country are a little more careful in the way they vote. President Gerald Ford
Commenting on the fact that many Baby Boomers have their retirement nest eggs in mutual funds, in Barron’s August 18, 1997
Kamala Harris: A Threat to Individual Liberty
Kamala Harris embodies the dangerous fusion of power and pragmatism, a force that undermines the very essence of individual liberty. Her policies are rooted in the premise that the state, not the individual, is the rightful arbiter of success and morality. Harris advocates for expansive government control, from economic redistribution to the regulation of speech and personal choice, all in the name of equality. But equality under compulsion is not justice—it is the negation of the individual mind, the sacrifice of the achiever to the collective. In her worldview, success is suspect, and power is a tool to reshape society into the image of bureaucratic whim. Such a leader is a threat to freedom, for she exalts force over reason, and the collective over the sovereign individual.
The Dangers of Modern Monetary Theory Explained
Modern Monetary Theory (MMT) is the quintessential embodiment of collectivist delusion. It arrogantly assumes that wealth can be conjured from the ether by the mere printing of paper, disregarding the fundamental law of nature: that value must be created by productive effort. MMT is the attempt to sever money from its true purpose—serving as a medium of exchange for goods earned through individual labor and enterprise. In the hands of the state, MMT becomes a weapon of force, allowing bureaucrats to siphon wealth from the industrious to finance the failures of those who would live at others’ expense. It is the destruction of the mind and the reward of mediocrity—a path to the erosion of freedom and the triumph of the parasite over the producer.
I believe there are more instances of the abridgement of the freedom …
I believe there are more instances of the abridgement of the freedom of the people by gradual and silent encroachments of those in power than by violent and sudden usurpations. James Madison
Speech in the Virginia Convention, June 16, 1788, (1751-1836)
The only investors who need wide diversification are those who do not …
The only investors who need wide diversification are those who do not understand what they are doing. [It] makes very little sense for those who know what they’re doing. Warren Buffett