Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2012-10-18 Oct 18, 2012One Blue Dog Democratic House Member reminded me earlier this month of the saying that 'insanity is doing the same thing over and over again and expecting different results.' He wondered if his fellow Members weren't more in need of advice from psychiatrists than from economists at this point.~ John FundA large number of people, certainly the majority of the political looter class, think the best way to deal with the rapidly deepening economic crisis is via 'stimulus packages' with money plucked off the magic money tree... which is to say, by trying to re-inflate the credit bubble that actually caused the crisis. This is a bit like treating alcoholics by urging them to buy more whiskey.~ Perry de HavillandMany politicians and pundits claim that the credit crunch and high mortgage foreclosure rate is an example of market failure and want government to step in to bail out creditors and borrowers at the expense of taxpayers who prudently managed their affairs. These financial problems are not market failures but government failure. ... The credit crunch and foreclosure problems are failures of government policy.~ Walter E. Williams Oct 17, 2012Why is it when times get rough only the people have to look for ways to cut back? Why is this always just absolutely impossible for government?~ Neal BoortzRepublicans don't know how to defend morally an individual's right to achieve wealth and to keep it, and that is why they fail. ... It's part and parcel with their ambivalence over the individualist heritage of the nation. ... One of the things that people have to understand is that the American Revolution was truly an epic revolution in the way individuals were perceived in relation to the rest of the society. Throughout history individuals had always been cogs in some machine; they'd always been something to be sacrificed for the king, the tribe, the gang, the chieftain, the society around them, the race, whatever, and the real revolution, in America especially, was a moral revolution. It was a moral revolution in that ... suddenly, with the Declaration of Independence and the Constitution, the individual, his life, his well-being, his property, his happiness became central to our values, and that is what really made America unique. People came here from all over the world to try to escape the kind of oppression they had and experienced in the past. They came here for freedom; they came here for self-expression and self-realization, and America offered them that kind of a place.~ Robert BidinottoBut while capitalism may be a convenient scapegoat, it did not cause any of these problems. Indeed, whatever one wishes to call the unruly mixture of freedom and government controls that made up our economic and political system during the last three decades, one cannot call it capitalism.~ Yaron Brook Oct 16, 2012If a multitude is to be subjected to a plan, it must be militarized. If individuals are allowed a free choice, the plan is thrown into confusion. Bureaucracy, under an absolute ruler, or rulers, is necessary. Popular consent can be secured only by rigorous censorship and prohibition of free discussion. Espionage is a necessary part of the system, and a considerable amount of terrorism. Since private expenditure must be controlled, it is wise to keep private incomes near a subsistence level and to dole out any surplus on collective pleasures such as free holidays. We shall not understand totalitarian tyranny unless we realize that it is the result of the planned economy.~ Dean IngeOne byproduct of individualism is benevolence -- a general attitude of good will towards one's neighbors and fellow human beings. Benevolence is impossible in a society where people violate each others' rights.~ Glenn WoiceshynComrades! We must abolish the cult of the individual decisively, once and for all.~ Nikita S. Khrushchev Oct 15, 2012Free competition is worth more to society than it costs.~ Justice Oliver Wendell Holmes, Jr.These unwritten amenities have been in part responsible for giving our people the feeling of independence and self-confidence, the feeling of creativity. These amenities have dignified the right of dissent and have honored the right to be nonconformists and the right to defy submissiveness. They have encouraged lives of high spirits rather than hushed, suffocating silence.~ Justice William O. Douglas[Drug use] does harm a great many other people, but primarily because it's prohibited. There are an enormous number of innocent victims now. You've got the people whose purses are stolen, who are bashed over the head by people trying to get enough money for their next fix. You've got the people killed in the random drug wars. You've got the corruption of the legal establishment. You've got the innocent victims who are taxpayers who have to pay for more and more prisons, and more and more prisoners, and more and more police. You've got the rest of us who don't get decent law enforcement because all the law enforcement officials are busy trying to do the impossible. And, last, but not least, you've got the people of Colombia and Peru and so on. What business do we have destroying and leading to the killing of thousands of people in Colombia because we cannot enforce our own laws? If we could enforce our laws against drugs, there would be no market for these drugs.~ Milton Friedman Oct 12, 2012Let me explain this. There are, fundamentally, only two causes of the progress of the nineteenth century -- the same two causes which you will find at the root of any happy, benevolent, progressive era in human history. One cause is psychological, the other existential -- or: one pertains to man's consciousness, the other to the physical conditions of his existence. The first is reason, the second is freedom. And when I say "freedom," I do not mean poetic sloppiness, such as "freedom from want" or "freedom from fear" or "freedom from the necessity of earning a living." I mean "freedom from compulsion -- freedom from rule by physical force." Which means: political freedom. ~ Ayn RandMake no mistake about it -- and tell it to your Republican friends: capitalism and altruism cannot coexist in the same man or in the same society. Tell it to anyone who attempts to justify capitalism on the ground of the "public good" or the "general welfare" or "service to society" or the benefit it brings to the poor. All these things are true, but they are the by-products, the secondary consequences of capitalism -- not its goal, purpose or moral justification. The moral justification of capitalism is man's right to exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself; it is the recognition that man -- every man -- is an end in himself, not a means to the ends of others, not a sacrificial animal serving anyone's need.~ Ayn RandThe secret dread of modern intellectuals, liberals and conservatives alike, the unadmitted terror at the root of their anxiety, which all of their current irrationalities are intended to stave off and to disguise, is the unstated knowledge that Soviet Russia is the full, actual, literal, consistent embodiment of the morality of altruism, that Stalin did not corrupt a noble ideal, that this is the only way altruism has to be or can ever be practiced. If service and self-sacrifice are a moral ideal, and if the "selfishness" of human nature prevents men from leaping into sacrificial furnaces, there is no reason -- no reason that a mystic moralist could name -- why a dictator should not push them in at the point of bayonets -- for their own good, or the good of humanity, or the good of posterity, or the good of the latest bureaucrat's five-year plan. There is no reason that they can name to oppose any atrocity. The value of a man's life? His right to exist? His right to pursue his own happiness? These are concepts that belong to individualism and capitalism -- to the antithesis of the altruist morality.~ Ayn Rand Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print