Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2015-08-17 Aug 17, 2015A universal peace, it is to be feared, is in the catalogue of events, which will never exist but in the imaginations of visionary philosophers, or in the breasts of benevolent enthusiasts.~ James MadisonThe whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of Conservatives is to prevent mistakes from being corrected. Even when the revolutionist might himself repent of his revolution, the traditionalist is already defending it as part of his tradition. Thus we have two great types -- the advanced person who rushes us into ruin, and the retrospective person who admires the ruins. He admires them especially by moonlight, not to say moonshine. Each new blunder of the progressive or prig becomes instantly a legend of immemorial antiquity for the snob. This is called the balance, or mutual check, in our Constitution.~ Gilbert Keith ChestertonUnlike the rationalism of the French Revolution, true liberalism has no quarrel with religion, and I can only deplore the militant and essentially illiberal antireligionism which animated so much of nineteenth-century Continental liberalism. ... What distinguishes the liberal from the conservative here is that, however profound his own spiritual beliefs, he will never regard himself as entitled to impose them on others and that for him the spiritual and the temporal are different spheres which ought not to be confused.~ Friedrich August von Hayek Aug 14, 2015In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. ... This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.~ Alan GreenspanNothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.~ Bernard BaruchHistorically, the United States has been a hard money country. Only [since 1913] has the United States operated on a fiat money system. During this period, paper money has depreciated over 87%. During the preceding 140 year period, the hard currency of the United States had actually maintained its value. Wholesale prices in 1913... were the same as in 1787.~ Kenneth Gerbino Aug 13, 2015The president of the American Bar Association begins a nationwide tour, giving speeches on the dangers of Treaty Law: 'The doctrine that the treaty power is unlimited and omnipotent and may be used to OVERRIDE the Constitution and the Bill of Rights...is a doctrine of recent origin and largely derived from Missouri v. Holland.'~ Frank E. HolmanAnd the so-called sovereigns, in these different governments, are simply the heads, or chiefs, of different bands of robbers and murderers.~ Lysander Spooner...no nation which signs this [UN] Charter can justly maintain that any of its acts are its own business, or within its own domestic jurisdiction, if the security council says that these acts are a threat to the peace.~ William Carr Aug 12, 2015[America] goes not abroad, in search of monsters to destroy. She is the well-wisher to the freedom and independence of all. She is the champion and vindicator only of her own. She will commend the general cause by the countenance of her voice, and the benignant sympathy of her example. She well knows that by once enlisting under other banners than her own, were they even the banners of foreign independence, she would involve herself beyond the power of extrication, in all the wars of interest and intrigue, of individual avarice, envy, and ambition, which assume the colors and usurp the standard of freedom.~ John Quincy AdamsThe great rule of conduct for us, in regard to foreign nations, is in extending our commercial relations to have as little political connection as possible... Why, by interweaving our destiny with that of any part of Europe, entangle our peace and prosperity in the toils of European ambition, rivalships, interest, humor, or caprice?... It is our true policy to steer clear of permanent alliances with any portion of the foreign world.~ George WashingtonThe true theory of our Constitution is surely the wisest and best, that the States are independent as to everything within themselves, and united as to everything respecting foreign affairs. Let the General Government be reduced to foreign concerns only, and let our affairs be disentangled from those of all other nations, except as to commerce, which the merchants will manage the better, the more they are left free to manage for themselves, and our General Government may be reduced to a very simple organization, and a very inexpensive one; a few plain duties to be performed by a few servants.~ Thomas Jefferson Aug 11, 2015Apologists for activist government never tire of telling us that the benevolent state is our protector and that without it we'd be at the mercy of monsters. It is about time that we understood that the U.S. government does more to endanger the American people than any imagined monsters around the world…by pursuing its Grand Foreign Policy of meddling anywhere and everywhere.~ Sheldon RichmanThe 'nations,' as they are called, with whom our pretended ambassadors, secretaries, presidents, and senators profess to make treaties, are as much myths as our own. On general principles of law and reason, there are no such 'nations.' ... Our pretended treaties, then, being made with no legitimate or bona fide nations, or representatives of nations, and being made, on our part, by persons who have no legitimate authority to act for us, have intrinsically no more validity than a pretended treaty made by the Man in the Moon with the king of the Pleiades.~ Lysander SpoonerAmerican strategic [nuclear] forces do not exist solely for the purpose of deterring a Soviet nuclear threat or attack against the U.S. itself. Instead, they are intended to support U.S. foreign policy.~ Colin Gray Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print