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Quote of the Day: August 5, 2009

August 5, 2009 1 comment

Today’s quote comes from our third president, Thomas Jefferson.

Friendship is but another name for an alliance with the follies and the misfortunes of others. Our own share of miseries is sufficient: why enter then as volunteers into those of another?

Short on time today, so no brief commentary about it.

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Quote of the Day: August 4, 2009

August 4, 2009 3 comments

Today’s quote comes from the man who was somehow elected President, Barack Obama.

I will cut taxes – cut taxes – for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.

We all know this is a lie, they’ll tax for healthcare reform. Bailouts, Cash For Clunkers and all of these other wasteful programs do nothing but levy more taxes onto the people who can least afford them through the hidden inflation tax. It’s not a secret that the cost are coming back around to those 95% of working families. The funny thing about the quote though, is not the lie that is told, but it’s the fallacy of the last part of it. No one wants to raise taxes, hell most of the taxes the people pay should be done away with. But you can’t continue to drastically increase the size of government, create new departments, appoint “Czars” to oversee everything, run an empire and continue to spend like crazy without raising taxes. They’re trying to pass off something for nothing, and most people can see through it. Look at the debt already, you can’t increase spending and try and do all these different programs while lowering taxes, because where the hell do you get the money to pay for it? You borrow it or just print it, either way it’s piling on more debt and further screwing the people (those people who they claim to be helping in particular)… the opposite of what you want to be doing “in an economy like this”, but that’s something Keynesians just don’t understand.

Quote of the Day: August 3, 2009

August 3, 2009 Leave a comment

Today’s quote comes from the late US Senator and former Republican nominee for President, Barry Goldwater.

Remember that a government big enough to give you everything you want is also big enough to take away everything you have.

It’s quite sad that in a country founded on freedom and limited government, where the people once opposed even a standing army during times of peace, so many of our fellow Americans believe that it is the duty of the government to give them everything. Somehow, everyone became entitled to everything and they expect someone to give it to them. You hear it a lot today especially with liberals who think healthcare is a right and that the government should provide it for them. Well no one likes an Indian giver, so why then would you want the government to give you anything? Welfare and entitlements that drive up the debt with insane spending and taxes does not equal good government.  There’s a quote that has been attributed to a lot of people, from Thomas Paine to Henry David Thoreau , and that is “that government is best which governs least”. And that’s a true statement; the less the incompetent people in Washington do, the better off we’ll all be and we’d enjoy much greater freedom.

Quote of the Day: August 2, 2009

August 2, 2009 Leave a comment

Today’s quote comes from US Republican Congressman and 2008 Presidential Candidate, Dr. Ron Paul.

Freedom is not defined by safety. Freedom is defined by the ability of citizens to live without government interference. Government cannot create a world without risks, nor would we really wish to live in such a fictional place. Only a totalitarian society would even claim absolute safety as a worthy ideal, because it would require total state control over its citizens’ lives. Liberty has meaning only if we still believe in it when terrible things happen and a false government security blanket beckons.

Unfortunately, it seems more and more people believe that “security” is better than liberty, and not simply in a “protecting from attack” manner. Many supporters of ObamaCare seem to think that if the government runs healthcare, or at least “has a competitive hand in it”, that they’ll finally have security in healthcare. Government isn’t the solution, and the “security” they offer is not the kind of “security” a sane person would ever dare want.

Quote of the Day: August 1, 2009

August 1, 2009 1 comment

Today’s quote comes from an economic parable by Frédéric Bastiat.

Have you ever witnessed the anger of the good shopkeeper, James Goodfellow, when his careless son happened to break a pane of glass? If you have been present at such a scene, you will most assuredly bear witness to the fact, that every one of the spectators, were there even thirty of them, by common consent apparently, offered the unfortunate owner this invariable consolation—”It is an ill wind that blows nobody good. Everybody must live, and what would become of the glaziers if panes of glass were never broken?” (Read the rest of the parable.)

It should be very easy for one to see the similarities between the broken window fallacy here, and today’s supposedly successful Cash For Clunkers program that the government is going to throw (i.e. waste) even more money on.