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  • It seems rather strange that our guarantee of freedom of speech has evolved to mean that we concern ourselves far more with exercising that freedom than the content of what we say.


  • Freedom is directly proportional to the number of choices that we have.


  • Were it not for the lust for power, few would be attracted to politics.


  • Although the terrorists’ attacks of 9-11-2001 were painful, they could eventually prove fatal depending on how we responded to them. The true danger lay with how we responded, and not the attacks or threats of future attacks.


  • Government intervention into markets, just like a tourniquet to a hemorrhaging leg, is very helpful; however, government intervention, just like a tourniquet, can be applied so long that gangrene results and the leg is lost.


  • Every August 15, we should all sing happy birthday to our money, for it was on that date in 1971 when our money was born as a fiat currency. A fiat currency is one that has absolutely nothing supporting it other than the government’s promise that issued it. And, what does the government promise to back up every dollar that it prints? What it will gladly do is give you another one just like it should you ever want to redeem any. Wow, where could you hope to get an offer that good? If you bought a defective toaster and returned it to where you bought it, would you feel any better if they honored their no questions asked return policy by giving you another defective toaster?


  • It wouldn’t be entirely irrational to wonder if the reason that we put “In God We Trust” on our money is that perhaps money has become our god.


  • We shouldn’t be surprised that governments relentlessly seek new powers because those who lust for power are more attracted to governments than are the average individual.


  • When a government acquires new powers, it is unlikely that that power will ever be relinquished voluntarily; therefore, we shouldn’t be surprised that the longer a government exists the greater becomes its power over the governed.


  • The most distasteful thing about the celebrity endorsement of a candidate isn’t their endorsement or the candidate but their presumption that they are so important that others would be swayed by their endorsements.


  • Today’s successful politician is one who knows when to not challenge an untruth; when to suborn that which is false, and perhaps most importantly when to ignore that which is true.


  • Try to imagine being far out at sea on a ship that has just sunk. In the water close by are others, none of whom are wearing lifejackets, who are struggling to stay alive. In their desperation, they will tend to hang onto the only things which are floating, which others are trying to do the same. As the strongest gains temporary benefit by hanging on to a weaker person, the other is submerged and drowns. This process would continue until there is only one and then that person would also drown. Today, all currencies are drowning with each struggling to survive. To keep their economies buoyant, each nation allows inflation in order to gain an advantage in international trade. This reduces their price, in terms of the currency of another country, and helps keep their own economy slightly healthier. In the end, and that end could be decades away, all will drown. For this reason, keep attention on the real buying power of the US$ and avoid thinking that the US$ is healthier merely because another currency is drowning faster.


  • Wars lead to peace in the same way that a glass of water leads to quenching thirst.


  • Probably the main reason that there are so many counterproductive laws is because those in the legislative branch of government have, as their sole exercise of power, the ability to create laws. Since those who run for political offices do so primarily to gain power, they must pass laws if they are going to exercise that power, whether their legislation is counterproductive or not.


  • Any country that uses politics to solve economic problems will pay economically. Any country that uses economics to solve political problems will pay politically.


  • It used to be that Americans looked upon their government as a long-term provider of the conditions that would enable them to provide the things that they needed for ourselves. After World War 2, this attitude gradually morphed into looking at our government as the provider of the things that they wanted to the point of profligacy. As has happened with prior democracies, such has been the source of their demise.


  • Modern politics has little to do with rational thought simply because the electorate is largely unfamiliar with it. However, the electorate is very familiar with their emotions and thus, just as would be expected, modern politics is mostly about the manipulation of people's emotions (fear, hope, greed, anger, envy) through words and images and compelling but mostly false promises.


  • If a person gets a fever, they don’t regard the fever as a disease; if fever were the disease, it could be cured by merely staying in a bathtub of cold water. This is fine in an emergency but it isn’t a cure since the fever isn’t the disease. By diagnosing the cause of the fever, the person can take intelligent steps towards being cured. By focusing on only the fever, the person may very well die as the untreated disease worsens. The same is true of inflation in that higher prices are only a symptom of the disease, which is the government’s monetary expansion in excess of the growth in gross domestic product (GDP).


  • When economics and politics intermarry, their progeny can be anything imaginable.


  • WALT HASKINS


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