Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2024-02-12 Feb 12, 2024When the same man, or set of men, holds the sword and the purse, there is an end of liberty.~ George MasonWe recognize the force of the argument that the effects of war under modern conditions may be felt in the economy for years and years, and that if the war power can be used in days of peace to treat all the wounds which war inflicts on our society, it may not only swallow up all other powers of Congress but largely obliterate the Ninth and the Tenth Amendments as well.~ Justice William O. DouglasThe blame for [the national debt] lies with the Congress and the President, with Democrats and Republicans alike, most all of whom have been unwilling to make the hard choices or to explain to the American people that there is no such thing as a free lunch.~ Warren Rudman Feb 9, 2024A recent poll showed that nearly half the American public believes that the government should redistribute wealth. That so many people are so willing to blithely put such an enormous and dangerous arbitrary power in the hands of politicians -- risking their own freedom, in hopes of getting what someone else has -- is a painful sign of how far many citizens and voters fall short of what is needed to preserve a democratic republic.~ Thomas SowellNo state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money...~ United States ConstitutionPaper money eventually returns to its intrinsic value -- zero.~ Voltaire Feb 8, 2024The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch -- Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference -- that threatens to impoverish us by further destroying the value of our dollars.~ Dr. Ron PaulThe decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money...~ Federal Reserve Bank of St. LouisIt is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking.' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.~ Paul Volcker Feb 7, 2024Government cannot make man richer, but it can make him poorer.~ Ludwig von MisesI have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution ... or have failed their purpose ... or that impose on the people an unwarranted financial burden. I will not attempt to discover whether legislation is 'needed' before I have first determined whether it is constitutionally permissible. And if I should be attacked for neglecting my constituents' 'interests,' I shall reply that I was informed that their main interest is liberty, and in that cause I am doing the very best I can.~ Barry GoldwaterIf you want irresponsible politicians to spend less, you must give them less to spend.~ Irwin Schiff Feb 6, 2024The rich ruleth over the poor, and the borrower is servant to the lender.~ ProverbsThis Act (the Federal Reserve Act, Dec. 23rd 1913) establishes the most gigantic trust on earth. When the President signs this bill, the invisible government by the Monetary Power will be legalized. The people may not know it immediately, but the day of reckoning is only a few years removed. The trusts will soon realize that they have gone too far even for their own good. The people must make a declaration of independence to relieve themselves from the Monetary Power. This they will be able to do by taking control of Congress. Wall Streeters could not cheat us if you Senators and Representatives did not make a humbug of Congress... The greatest crime of Congress is its currency system. The worst legislative crime of the ages is perpetrated by this banking bill. The caucus and the party bosses have again operated and prevented the people from getting the benefit of their own government.~ Charles A. Lindbergh, Sr.The age of chivalry is gone. That of sophisters, economists and calculators has succeeded.~ Edmund Burke Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print