Quotes of Note

"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.”  
- Sir John Templeton  

"We can't solve problems by using the same kind of thinking we used when we created them."
- Albert Einstein

  
“If you find yourself in a hole, the first thing to do is stop digging"
- Will Rogers 

“I am more concerned with the return of my money than the return on my money”
- Mark Twain 

All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from their former want of honour or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation."
- John Adams 

“Paper money eventually returns to its intrinsic value – zero”  
- Voltaire 1729 

"Those who cannot remember the past are condemned to repeat it."  
- George Santayana

To be ignorant of what occurred before you were born, is to remain always a child.  
- Cicero - 46 BC

“The Federal Reserve in collaboration with the giant banks has created the greatest financial crisis the world has ever seen. The foolish notion that unlimited amounts of money and credit created out of thin air can provide sustainable economic growth has delivered this crisis to us. Instead of economic growth and stable prices, (The Fed) has given us a system of government and finance that now threatens the world financial and political institutions. Pursuing the same policy of excessive spending, debt expansion and monetary inflation can only compound the problems that prevent the required corrections. Doubling the money supply didn’t work, quadrupling it won’t work either. Buying up the bad debt of privileged institutions and dumping worthless assets on the American people is morally wrong and economically futile.”
- Representative from Texas Ron Paul questioning Federal Reserve Chairman Ben Bernanke

"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.” 
- Alan Greenspan from an article written in 1966 entitled “Gold and Economic Freedom”

"Only two things are infinite: The universe and human stupidity; And I'm not sure about the universe."
-
Albert Einstein


 
"The Central Bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an enemy to all banks discounting bills or notes for anything but coin.  If the American people allow private banks to control the issuance of their currency, first by inflation, then by deflation the banks and corporations that grow up around them will deprive the people of all their property, until their children will wake up homeless on the continent their Fathers conquered."
- Thomas Jefferson

"In the end, more than they wanted freedom, they wanted security. They wanted a comfortable life and they lost it all - security, comfort, and freedom. When the Athenians finally wanted not to give to society but for society to give to them, when the freedom they wished for most was freedom from responsibility then Athens ceased to be free."
- Edward Gibbon - The Decline and Fall of the Roman Empire

"Those who stand for nothing fall for anything."
- Alexander Hamilton

“But let us be very clear, you can’t abolish poverty by printing paper and you can’t solve the world’s enormous debt problem by adding to it.  These debts will never be repaid with normal money, not today and not tomorrow – never!”
- Anonymous

"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance."  
- Cicero - 55 BC (with internet additions) 

 “When the people fear their government, there is tyranny; when the government fears the people, there is liberty.” 
- Thomas Jefferson

“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration”  
- Nikola Tesla 

"Let us return to the freedoms the constitution guaranteed us, the history of gold which financially guide us and the genius of common sense." 
- Trader Garrett - "Breakpoint"

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