Tuesday, July 15, 2008

credit expansion

"There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved."
-- Ludwig von Mises

Monday, July 14, 2008

older, more conservative

"If you're not a liberal when you're 25, you have no heart. If you're not a conservative by the time you're 35, you have no brain."
-- variously attributed to Winston Churchill, George Bernard Shaw, Benjamin Disraeli, Otto von Bismarck, and others

Monday, July 7, 2008

deficit spending

"...Reagan proved that deficits don't matter."
-- Vice President Dick Cheney (Jan. 11, 2004)

Friday, July 4, 2008

America rules!

"The American way of life is not negotiable."
-- President George H. W. Bush, Earth Summit (Rio de Janeiro) 1992

Thursday, July 3, 2008

American way of life

"[I]t should be the goal of policy makers to protect the American way of life. The American way of life is a blessed one. "
-- Ari Fleischer, White House Press Secretary (May 7, 2001)