Monday, December 15, 2008

Michael S. Rozeff from Lew Rockwell

Think about this basic finance rule in terms of government spending.

"Any person or enterprise that has cash inflows and cash outflows reaches financial ruin when the cash inflows are not enough to pay the obligated cash outflows. Clearly the risk of ruin is lower when the entity has higher cash inflows, as from income and revenues, and lower cash outflows, as from spending and debts. Just as clearly, the risk of ruin rises when spending and borrowing are increased, while income and revenues are going lower."

Robert Higgs on Lew Rockwell

"Everybody knows that the only way to find out who your true friends are is by noting who stands by you when you are down and out. Political principles work the same way. If you are prepared to throw them out the window when times are tough, then you never really held them in the first place. Principles are intended especially to guide our behavior in difficult circumstances. If they don't do so, then our proclaimed principles stand revealed as having been nothing but rhetoric in the worst sense of the word."

- Think about this quote in terms of scriptures and commandments.

Gerald Celente on Lew Rockwell

Click Here and listen to a 12 minute radio interview with Gerald Celente. Then do a little research on who Gerald Celente is. He's pretty accurate in his reading of economic and political trends.

Friday, December 12, 2008

Greg Evensen:

"For many, Christmas this year will carry a new and almost forgotten meaning. We are painfully reminded that in the end, the only thing that really matters is the memory of that tiny child born unto Mary so that we who have sinned and fallen short of the Glory of God, may seek His forgiveness, and have a perpetual place in his unending, unscarred Kingdom. Thank you, Lord, for sending your Son Jesus, to save us from this wicked, fallen world. We are rich indeed this December after all. In spite of the situation we find ourselves in, help one another, do the right things in the right way for the right reasons, and remember……….you can still make a positive difference that alone is worthy and honorable."

Thomas Jefferson:

“I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”

Marcus Tullius Cicero:

“The budget should be balanced. Public debt should be reduced. The arrogance of officialdom should be tempered, and assistance to foreign lands should be curtailed, lest Rome become bankrupt.”

Thursday, December 4, 2008