Monday, September 23, 2013
"Taxes are what we pay for a civilized society."
Former Supreme Court Justice Oliver Wendell Holmes Jr.
So very true - food stamps not only buy food, they buy placation.
at 10:29 PM
Sunday, September 22, 2013
Thursday, September 19, 2013
at 10:29 PM
Wednesday, September 18, 2013
People make me laugh. The Fed announces that it is going to continue to create debt to hand to the government and the banks. And this means to buy stocks at overbought levels. If you weren't buying three weeks ago when I said my short term indicator was showing strength, you shouldn't be buying now at all time highs. It's illogical. Yes, you may continue to make money, but your odds of success have went down.
"When fascism come to America it will be wrapped in the flag and carrying a cross."
-- Sinclair Lewis
at 10:39 PM
Tuesday, September 17, 2013
"The evils of this deluge of paper money are not to be removed until our citizens are generally and radically instructed in their cause and consequences, and silence by their authority the interested clamors and sophistry of speculating, shaving, and banking institutions. Till then, we must be content to return quoad hoc to the savage state, to recur to barter in the exchange of our property for want of a stable common measure of value, that now in use being less fixed than the beads and wampum of the Indian, and to deliver up our citizens, their property and their labor, passive victims to the swindling tricks of bankers and mountebankers."
Thomas Jefferson to John Adams, 1819. ME 15:185
Thomas Jefferson on Money & Banking
at 9:52 PM
Monday, September 16, 2013
Sunday, September 15, 2013
"The desire of gold is not for gold. It is for the means of freedom."
Ralph Waldo Emerson
at 9:47 PM
Thursday, September 12, 2013
"Cum catapultae proscriptae erunt tum soli proscript catapultas habebunt. (When catapults are outlawed, only outlaws will have catapults.)"
at 10:26 PM
Wednesday, September 11, 2013
"To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical."
at 10:17 PM
Tuesday, September 10, 2013
Monday, September 9, 2013
Sunday, September 8, 2013
Thursday, September 5, 2013
Wednesday, September 4, 2013
"I have three precious things, which I hold fast and prize.
The first is gentleness; the second is frugality; the third is humility, which keeps me from putting myself before others. Be gentle, and you can be bold; be frugal, and you can be liberal; avoid putting yourself before others, and you can become a leader among men.
But in the present day men cast off gentleness, and are all for being bold; they spurn frugality, and retain only extravagance; they discard humility, and aim only at being first.
Therefore they shall surely perish.
Gentleness brings victory to him who attacks, and safety to him who defends. Those whom Heaven would save, it fences round with gentleness."
at 9:01 PM
Tuesday, September 3, 2013
"In every 'nuclear disaster', radiation injured few if any people, whereas overplayed FEAR of radiation had disastrous impact, ruining the lives of thousands. A recent study showed that people who refused to evacuate Chernobyl were happier and outlived the evacuees by 20 years, while the evacuees themselves were depressed and suicidal.
There is nothing else that is as central to the issue as that one fact. It should not be skewed by unreasonable premises. In addition, the impact of unwarranted fear of radiation has caused massive avoidable use of fossil fuels, to the detriment of people and the environment."
Ted Rockwell, November 26, 2012
at 10:09 PM
Monday, September 2, 2013
Long term remains very overbought.
"Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. This world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children. This is not a way of life at all in any true sense. Under the clouds of war, it is humanity hanging on a cross of iron.
General Dwight Eisenhower
at 4:25 PM