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Thursday, August 18, 2011

QUOTES OF THE DAY 8-18-11

“Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens.”
Ludwig von Mises

“Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.”
Daniel Webster

“If you don’t trust gold, do you trust the logic of taking a beautiful pine tree, worth about $4,000 – $5,000, cutting it up, turning it into pulp and then paper, putting some ink on it and then calling it one billion dollars?”
Kenneth J. Gerbino

“It is important to remember that government interference always means either violent action or the threat of such action…..taxes are paid because the taxpayers are afraid of offering resistance to the tax gatherers. They know that any disobedience or resistance is hopeless. As long as this is the state of affairs, the government is able to collect the money that it wants to spend. Government is in the last resort the employer of armed men, of policemen, gendarmes, soldiers, prison guards, and hangmen. The essential feature of government is the enforcement of its decrees by beating, killing, and imprisoning. Those who are asking for more government interference are asking ultimately for more compulsion and less freedom.”
Ludwig von Mises

“Borrowers will default. Markets will collapse. Gold (the ultimate form of safe money) will skyrocket.”
Michael Belkin
“The international monetary order is more precarious by far today than it was in 1929. Then, gold was international money, incorruptible, unmanageable, and unchangeable. Today, the U.S. dollar serves as the international medium of exchange, managed by Washington politicians and Federal Reserve officials, manipulated from day to day, and serving political goals and ambitions. This difference alone sounds the alarm to all perceptive observers.”
Hans F. Sennholz

1 comment:

lmclain said...

That stuff is too deep for the sheep. It hurts too much to think about such complicated matters, especially when the great saviour, obama, keeps saying how good things are....