"There are two ways to conquer and enslave a nation. One is by the sword, the other is by debt."--John Adams
The Economist magazine: Banks and their governments are propping each other up like Friday night drunks.
He who casts a vote decides nothing. He who counts the vote decides everything. - Joseph Stalin
The American Republic will endure until the day Congress discovers that it can bribe the public with the publics money. Alexis De Tocqueville
Frank Borman- NASA astronaut: Capitalism without bankruptcy is like Christianity without hell.
Ludwig von Mises pointed out long ago: "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
G.K. Chesterton said, "It is not that they can't see the solution. It is that they cannot see the problem".
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. ― Alexis de Tocqueville
The Economist magazine: Banks and their governments are propping each other up like Friday night drunks.
He who casts a vote decides nothing. He who counts the vote decides everything. - Joseph Stalin
The American Republic will endure until the day Congress discovers that it can bribe the public with the publics money. Alexis De Tocqueville
Frank Borman- NASA astronaut: Capitalism without bankruptcy is like Christianity without hell.
Ludwig von Mises pointed out long ago: "There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
G.K. Chesterton said, "It is not that they can't see the solution. It is that they cannot see the problem".
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. ― Alexis de Tocqueville
