Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2021-09-21 Sep 21, 2021Regulation -- which is based on force and fear -- undermines the moral base of business dealings. It becomes cheaper to bribe a building inspector than to meet his standards of construction. A fly-by-night securities operator can quickly meet all the S.E.C. requirements, gain the inference of respectability, and proceed to fleece the public. In an unregulated economy, the operator would have had to spend a number of years in reputable dealings before he could earn a position of trust sufficient to induce a number of investors to place funds with him. Protection of the consumer by regulation is thus illusory.~ Alan GreenspanTrust is a two way street. If your government does not trust you, how can you trust your government?~ Bruce MontagueAll men having power ought to be mistrusted.~ James Madison Sep 20, 2021The more laws, the less justice.~ Marcus Tullius CiceroTo lay taxes to provide for the general welfare of the United States, that is to say, 'to lay taxes for the purpose of providing for the general welfare.' For the laying of taxes is the power, and the general welfare the purpose for which the power is to be exercised. They are not to lay taxes ad libitum for any purpose they please; but only to pay the debts or provide for the welfare of the Union.~ Thomas JeffersonThe war against illegal plunder has been fought since the beginning of the world. But how is... legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish this law without delay ... If such a law is not abolished immediately it will spread, multiply and develop into a system.~ Frederic Bastiat Sep 17, 2021A man has honor if he holds himself to an ideal of conduct though it is inconvenient, unprofitable, or dangerous to do so.~ Walter LippmannOne can ignore reality, but one cannot ignore the consequences of ignoring reality.~ Ayn RandThe worst of all deceptions is self-deception.~ Plato Sep 16, 2021Make men large and strong and tyranny will bankrupt itself in making shackles for them.~ Rev. Henry Ward BeecherIn questions of power, then, let no more be said of confidence in man, but bind him down from mischief by the chains of the Constitution.~ Thomas JeffersonWe should view our government the way we should a friendly, cuddly lion. Just because he’s friendly and cuddly shouldn’t blind us to the fact that he’s still got teeth and claws.~ Walter E. Williams Sep 15, 2021It may safely be received as an axiom in our political system, that the state governments will in all possible contingencies afford complete security against invasions of the public liberty by the national authority.~ Alexander HamiltonOutside of the Constitution we have no legal authority more than private citizens, and within it we have only so much as that instrument gives us. This broad principle limits all our functions and applies to all subjects.~ Andrew JohnsonIt is an injustice, a grave evil and a disturbance of the right order, for a larger and higher organisation, to arrogate to itself functions which can be performed efficiently by smaller and lower bodies.~ Pope Leo XIII Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print