Must Read Quotes on Liberty
Once in a while I come across a quote, that I just can’t keep to myself. Hope you enjoy these as much as I have. For Liberty!
Courtesy of the Patriot’s Post - Subscribe to the Patriot’s Post here.
“As the late Nobel Laureate Professor Milton Friedman said, ‘[I]nflation is always and everywhere a monetary phenomenon, in the sense that it cannot occur without a more rapid increase in the quantity of money than in output.’ Thinking of inflation as rising prices permits politicians to deceive us and escape culpability. They shift the blame saying that inflation is caused by greedy businessmen, rapacious unions or Arab sheiks. Instead, it is increases in the money supply that cause inflation, and who is in charge of the money supply? It’s the government operating through the Federal Reserve Bank and the U.S. Treasury. … The founders of our nation feared paper currency because it gave government the means to steal from its citizens. When inflation is unanticipated, as it so often is, there’s a redistribution of wealth from creditors to debtors. If you lend me $100, and over the term of the loan prices double, I pay you back with dollars worth only half of the purchasing power they had when I borrowed the money. Since inflation redistributes (steals) wealth from creditors to debtors, we can identify inflation’s primary beneficiary by asking: Who is the nation’s largest debtor? If you said, ‘It’s the U.S. government,’ go to the head of the class. … Profligate spending burdens future generations by making them recipients of a smaller amount of capital and hence less wealth.” –George Mason University economics professor Walter E. Williams
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“One plain fact should outweigh all the words of Barack Obama and all the impressive trappings of the setting in which he says them: He tried to rush Congress into passing a massive government takeover of the nation’s medical care before the August recess — for a program that would not take effect until 2013! Whatever President Obama is, he is not stupid. If the urgency to pass the medical care legislation was to deal with a problem immediately, then why postpone the date when the legislation goes into effect for years — more specifically, until the year after the next Presidential election? If this is such an urgently needed program, why wait for years to put it into effect? And if the public is going to benefit from this, why not let them experience those benefits before the next Presidential election? If it is not urgent that the legislation goes into effect immediately, then why don’t we have time to go through the normal process of holding Congressional hearings on the pros and cons, accompanied by public discussions of its innumerable provisions? What sense does it make to ‘hurry up and wait’ on something that is literally a matter of life and death? If we do not believe that the President is stupid, then what do we believe? The only reasonable alternative seems to be that he wanted to get this massive government takeover of medical care passed into law before the public understood what was in it. Moreover, he wanted to get re-elected in 2012 before the public experienced what its actual consequences would be. Unfortunately, this way of doing things is all too typical of the way this administration has acted on a wide range of issues.” –economist Thomas Sowell
It is interesting and encouraging to me that both Walter Williams and Thomas Sowell are African-Americans. If these men had the support of black citizens instead of Jesse Jackson, Al Sharpton, and Barak Obama, the plight of the African American family would dramatically improve.
Both men are national treasures in my book. They understand the true nature of the left wing, and it’s desire to destroy individual liberty and replace it with government.
Unfortunately, minorities from poor communities don’t realize that they are only a tool for the left wing to stay in power. No one is ever lifted out of poverty by becoming a dependent on the State. The truth is that liberal Democrats want them to stay dependent, so that they will keep voting Democrat… Sadly, It is a vicious cycle that continues to repeat itself.
I have yet to find someone who attributed their success to government dependancy.