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Catching up on Quotes

Submitted by Roanman on Sun, 01/23/2011 - 07:58

 

In an effort to catch up, I think I'm just going to expand this post as I stumble over what I consider to be some of the the better expressed thoughts within the stuff I typically read, as I grind through a backed up month of newsletters, emails etc.

Thanks to Phil? and Nevada? who evidently decided to endure the process at Zero Hedge, signed up and have emailed tidbits.

Your emails are very helpful, thanks.

Ok then, we go.

I'm putting you on notice right here, some of these guys are pretty crabby.

 

“A government will stoop to any depth to ensure its own existence.

This includes lying, cynical propaganda, imprisoning people, raising taxes, sequestering private property including gold.

The Constitution was created by the Founding Fathers to protect the people from the government. No wonder so many politicians hate or willingly ignore the Constitution of the United States.

Let's not kid ourselves, there are a lot of very smart people living outside the US…the single smartest move my subscribers can make is to get out of dollars or dollar denominated assets...get out of dollars and into gold and silver.”

Richard Russell, Dow Theory Letters, 01-19-11

 

“If asked, the typical US soldier will tell you that he risks his life to protect his family and his home.

But the only war in which his home and his family were really under attack was the one launched by the US government against the southern states.

It wasn't Kaiser Wilhelm or Emperor Hirohito who burned Atlanta.

It was Abraham Lincoln.” (Actually, it was Sherman)

Bill Bonner, The Daily Reckoning, 01-19-11

 

"It is on everyone's mind that the Arab soul is broken by poverty, unemployment and general recession.

The Tunisian revolution is not far from us.

The Arab citizen has entered an unprecedented state of anger and frustration.

Arab populations face problems similar to those that led to the unrest in Tunisia -- surging prices, poverty and political systems that offer little or no outlet for dissent."

Arab League Secretary-General Amr Moussa, The Progress Report, 01-19-11  

 

“All major inflations have been caused by princes or governments.
 
All hyperinflations have occurred in the presence of ‘discretionary money regimes’ — in other words, when central banks had the freedom to run the printing presses.
 
Hyperinflations are always caused by public budget deficits which are largely financed by money creation. If inflation accelerates, these budget deficits tend to increase.”
 
Claus Voqt, MoneyAndMarkets, 01-19-11
 
 
We acknowledge with great sadness the retirement of Harry Schultz and the final issue of the Harry Schultz Newsletter.
We will sorely miss our "Uncle Harry".
 
 
 “Roughly speaking, the mess we are in is the worst since 17th century financial collapse. Comparisons with the 1930’s are ludicrous.
 
We’ve gone far beyond that.
 
And, alas, the courage & political will to recognize the mess & act wisely to reverse gears, is absent in U.S. leadership, where the problems were hatched & where the rot is by far the deepest.”
Harry Schultz, 01-11
 
 

 

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