Oct 112009
Three Government Reports Point to Fiscal Doomsday (M.W.)
Three recently released government reports now point to fiscal doomsday for America; and one of the reports, issued by the Congressional Budget Office (CBO), says so explicitly …
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Favorite Quotes
- History does not provide any example of capital accumulation brought about by a government. As far as governments invested in the construction of roads, railroads, and other useful public works, the capital needed was provided by the savings of individual citizens and borrowed by the government. Ludwig von Mises
- In the long run we are all dead. John Maynard Keynes
- Sometimes it is said that man cannot be trusted with the government of himself. Can he, then be trusted with the government of others? Or have we found angels in the form of kings to govern him? Let history answer this question. Thomas Jefferson
- the true theory of our Constitution is surely the wisest and best . . . (for) when all government . . . shall be drawn to Washington as the centre of all power, it will render powerless the checks provided of one government on another, and will become as . . . oppressive as the government from which we separated. Thomas Jefferson
- I own that I am not a friend to a very energetic government. It is always oppressive. Thomas Jefferson
- We have indeed at the moment little cause for pride: as a profession we have made a mess of things. Friedrich Hayek
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