"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
Tuesday, July 15, 2008
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
-- 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)
-- 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
-- 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)
-- Ari Fleischer, White House Press Secretary (May 7, 2001)
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