Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2017-02-03 Feb 3, 2017Give me control over a man's economic actions, and hence over his means of survival, and except for a few occasional heroes, I'll promise to deliver to you men who think and write and behave as I want them to.~ Benjamin A. RoogeEach peso [or dollar] is a contract between the government and the peso holder. That contract guarantees that each peso -- as a unit of value that the holder has worked hard to get -- will be worth as much tomorrow as today. If the government breaks the contract, it's breaking the law. The only role of government in the economy should be to guarantee the integrity of market transactions.~ Domingo CavalloThe chief duty of the National Government in connection with the currency of the country is to coin money and declare its value. Grave doubts have been entertained whether Congress is authorized by the Constitution to make any form of paper money legal tender. The present issue of United States notes has been sustained by the necessities of war; but such paper should depend for its value and currency upon its convenience in use and its prompt redemption in coin at the will of the holder, and not upon its compulsory circulation. These notes are not money, but promises to pay money. If the holders demand it, the promise should be kept.~ James A. Garfield Feb 2, 2017The drive of the Rockefellers and their allies is to create a one-world government combining supercapitalism and communism under the same tent, all under their control... Do I mean conspiracy? Yes I do. I am convinced there is such a plot, international in scope, generations old in planning, and incredibly evil in intent.~ Larry P. McDonaldIn fact, the big corporations who understand the regulatory game can actually benefit from it. They can lobby for expensive regulations only the largest corporations can afford, effectively keeping upstarts and competitors at bay.~ Radley BalkoAlways remember the difference between economic power and political power: You can refuse to hire someone's services or buy his products in the private sector and go somewhere else instead. In the public sector, though, if you refuse to accept a politician's or bureaucrat's product or services you go to jail. Ultimately, after all, all regulations are observed and all taxes are paid at gunpoint. I believe those few who can't even see that have been short-sighted sheep, and I suggest they learn how to think conceptually, develop consistency and grasp principles soon.~ Rick Gaber Feb 1, 2017I am myself persuaded, on the basis of extensive study of the historical evidence, that... the severity of each of the contractions - 1920-21, 1929-33, and 1937-38 - is directly attributable to acts of commission and omission by the Reserve authorities and would not have occurred under earlier monetary and banking arrangements.~ Milton FriedmanThe Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 ... Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.~ Milton FriedmanThe power to determine the quantity of money... is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power... Any system which gives so much power and so much discretion to a few men, [so] that mistakes - excusable or not - can have such far reaching effects, is a bad system. It is a bad system to believers in freedom just because it gives a few men such power without any effective check by the body politic - this is the key political argument against an independent central bank.~ Milton Friedman Jan 31, 2017While boasting of our noble deeds we're careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery.~ Horace GreeleyThe colonies would gladly have borne the little tax on tea and other matters, had it not been that England took away from the colonies their money, which created great unemployment and dissatisfaction. Within a year, the poor houses were filled. The hungry and homeless walked the streets everywhere. The inability of the colonists to get power to issue their own money permanently out of the hands of George III and the International Bankers was probably the Prime reason for the Revolutionary War.~ Benjamin FranklinThus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.~ Irving Fisher Jan 30, 2017Whereas it has been proposed that the United States of America become a part of a world federal government; and ... this program...would entail the surrender of our national sovereignty and...bring into being a form of government whose authority would supercede that of the Constitution of The United States Government; and ...institute a system of laws where-by American citizens could be tried by aliens in controversion of the provisions of the Constitution of the United States; and ...the Veterans of Foreign Wars is composed solely of men who have worn the uniform of the United States on foreign shores and in hostile waters in time of war and from their personal experiences are familiar with the traditions and operations of other countries; and ...many of our comrades rest forever in foreign soil and their sacrifices were made to retain the dignity and sovereignty of the United States of America: Now therefore, be it Resolved by the Fiftieth Annual Convention of the Veterans of Foreign Wars of the United States, That we hereby declare that we are unalterably opposed to any program which would entail the surrender of any part of the sovereignty of the United States of America in favor of a world government...~ Veterans of Foreign Wars Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print