Train Wreck

Jobs Report Is A Train Wreck

February 1, 2013February 1, 2013

The report below is typical take-no-prisoners Karl Denninger's interpretation of the latest labor report. Contrary to the rose-colored paint that the media and Wall Street is attempting to smear on this pig, Denninger gets it right with this line: "This report… Read More »Jobs Report Is A Train Wreck

The Bernank Goes On

December 7, 2010December 7, 2010

“The guy is either working for an elite few – or, more likely – he’s an economic imbecile.” The scary thing is that “the guy” is responsible and accountable to no one, at least no one in our elected government.… Read More »The Bernank Goes On

The Constitution is an anti-trust act for government
Joe Sobran
I cannot find any authority in the Constitution for public charity. [To approve the measure] would be contrary to the letter and spirit of the Constitution and subversive to the whole theory upon which the Union of these States is founded.
President Franklin Pierce, 1854
We are not to expect to be translated from despotism to liberty in a featherbed.
Thomas Jefferson
The errors of Keynes have empowered sociopathic political classes all over the world and deprived the world of the economic progress we would otherwise have enjoyed.
Lew Rockwell
Knowledge is necessary to succeed. Ignorance is an impediment to success. Confidence is also integral to success. But confidence paired with ignorance is worse than ignorance alone.
Monty Pelerin
To be able to look back upon one\'s past life with satisfaction is to live twice.
Lord Acton
'Emergencies' have always been the pretext on which the safeguards of individual liberty have been eroded.
Friedrich Hayek
We are in the very early stages of a 20-year period of economic and institutional upheaval – an era denominated by a crisis during which we’ll likely witness the tearing down and reconstruction of many aspects of society as we know it.
David Galland , paraphrasing Howe from an interview.