Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2015-10-17 Oct 16, 2015Inflation has now been institutionalized at a fairly constant 5% per year. This has been determined to be the optimum level for generating the most revenue without causing public alarm. A 5% devaluation applies, not only to the money earned this year, but to all that is left over from previous years. At the end of the first year, a dollar is worth 95 cents. At the end of the second year, the 95 cents is reduced again by 5%, leaving its worth at 90 cents, and so on. By the time a person has worked 20 years, the government will have confiscated 64% of every dollar he saved over those years. By the time he has worked 45 years, the hidden tax will be 90%. The government will take virtually everything a person saves over a lifetime.~ G. Edward GriffinThe refunding of the national debt at a lower rate of interest should be accomplished without compelling the withdrawal of the national-bank notes, and thus disturbing the business of the country.~ James A. GarfieldFelix qui nihil debet. (Happy is he who owes nothing.)~ Roman Proverb Oct 15, 2015If Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions.~ James MadisonIf men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary. In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place, oblige it to control itself.~ James MadisonIt has been said that all Government is an evil. It would be more proper to say that the necessity of any Government is a misfortune. This necessity however exists; and the problem to be solved is, not what form of Government is perfect, but which of the forms is least imperfect.~ James MadisonIt has been said that all Government is an evil. It would be more proper to say that the necessity of any Government is a misfortune. This necessity however exists; and the problem to be solved is, not what form of Government is perfect, but which of the forms is least imperfect.~ James Madison Oct 14, 2015The American Republic will endure, until politicians realize they can bribe the people with their own money.~ Alexis de Tocqueville[T]he income tax is incompatible with a free society. The IRS routinely intrudes on our basic civil liberties and privacy rights -- and its intrusions are getting worse all the time. I want an America where it is no longer the government's business how much money you make and what you do with it.~ Stephen MooreIt has often been found that profuse expenditures, heavy taxation, absurd commercial restrictions, corrupt tribunals, disastrous wars, seditions, persecutions, conflagrations, inundation, have not been able to destroy capital so fast as the exertions of private citizens have been able to create it.~ Thomas Babington Macaulay Oct 13, 2015In America nobody says you have to keep the circumstances you were born with.~ Amy TanWhat is the essence of America? Finding and maintaining that perfect, delicate balance between freedom 'to' and freedom 'from'.~ Marilyn vos SavantIf I have seen further, it is by standing on the shoulders of Giants.~ Sir Isaac Newton Oct 12, 2015[A] limited Constitution ... can be preserved in practice no other way than through the medium of courts of justice, whose duty it must be to declare all acts contrary to the manifest tenor of the Constitution void. Without this, all the reservations of particular rights or privileges would amount to nothing ... To deny this would be to affirm … that men acting by virtue of powers may do not only what their powers do not authorize, but what they forbid.~ Alexander HamiltonI am commonly opposed to those who modestly assume the rank of champions of liberty, and make a very patriotic noise about the people. It is the stale artifice which has duped the world a thousand times, and yet, though detected, it is still successful. I love liberty as well as anybody. I am proud of it, as the true title of our people to distinction above others; but ... I would guard it by making the laws strong enough to protect it.~ Fisher AmesWe are, heart and soul, friends to the freedom of the press. It is however, the prostituted companion of liberty, and somehow or other, we know not how, its efficient auxiliary. It follows the substance like its shade; but while a man walks erect, he may observe that his shadow is almost always in the dirt. It corrupts, it deceives, it inflames. It strips virtue of her honors, and lends to faction its wildfire and its poisoned arms, and in the end is its own enemy and the usurper's ally, It would be easy to enlarge on its evils. They are in England, they are here, they are everywhere. It is a precious pest, and a necessary mischief, and there would be no liberty without it.~ Fisher Ames Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print