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Sanctions: 27Sanctions: 27Sanctions: 27
... mortgage lending to creditworthy homebuyers has been a stable, profitable, and boring business in the United States of America for about a hundred years; so for those who blame “Wall Street greed” for the crisis, I ask you “why now?” Why did greed not appear, not infect the system, not attempt to seize filthy lucre for that hundred years? Why did greed only show up at that particular moment in time? I further ask why did greed not make its way to Canada, where they did not have a housing and/or banking crisis? Is greed only a US and highly time specific phenomenon?
Donny Baseball
http://sayanythingblog.com/entry/the-one-chart-that-explains-the-entire-financial-crisis/

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(Added by Ed Thompson on 7/31, 1:50pm)
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They [politicians] don't need to drive us deeper in debt, they choose to
John Stossel
Fox News - John Stossel web site

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(Added by Steve Wolfer on 7/30, 11:12pm)
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The House legislates, the President talks, and the Senate kills.
Charles Krauthammer
Fox News Commentary 7/29/2010

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(Added by Steve Wolfer on 7/29, 3:25pm)
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Before we ask seniors to pay more for Medicare, we should ask people like me to give up tax breaks that we don't need and weren't even asking for.
Barack H. Obama
http://content.usatoday.com/communities/theoval/post/2011/07/obama-opposes-short-term-debt-deal-from-boehner/1?csp=34news

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(Added by Ed Thompson on 7/26, 3:45pm)
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To err is progress. To institutionalize error is progressive.
Bernard Levine
Comment to Wall Street Journal Article "To Err Is Progress"

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(Added by Luke Setzer on 7/23, 7:18am)
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Earth First: We will pump the oil from the other planets later.
Anonymous
Bumper sticker on a pick-up truck.

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(Added by Michael E. Marotta on 7/22, 4:03pm)
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He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages, whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.
Thomas Jefferson
United States Declaration of Independence

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(Added by Ed Thompson on 7/17, 9:37am)
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The rights to food, water, adequate housing and work under fair and equitable conditions should not be compromised by the implementation of austerity measures.
Cephas Lumina, unpaid "Toohey-like" UN expert
http://www.un.org/apps/news/story.asp?NewsID=38901&Cr=austerity&Cr1=

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(Added by Ed Thompson on 7/15, 1:25pm)
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Survival in the market often requires recognizing mistakes and changing course, while survival in politics often requires denying mistakes, continuing the current policies, and blaming the bad policies on others.
Thomas Sowell
The Housing Boom and Bust, second edition, page 153

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(Added by Steve Wolfer on 7/08, 3:00pm)
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Wednesday's rally took up a familiar theme: taxing the state's wealthiest residents to help solve the deficit. One man held a sign that took his frustration a step further--he had changed it from "Tax the Rich" to "Eat the Rich." Organizers also went after specific GOP legislators, reminding Minnesotans of what they think the state will look like if the Republicans succeed with their budget cuts. One sign read "Gazelka Gulch," a reference to Sen. Paul Gazelka, R-Brainerd.
Minneapolis StarTribune
http://www.startribune.com/politics/statelocal/125117154.html

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(Added by Ed Thompson on 7/07, 5:07pm)
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The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.
Barack Hussein Obama
.... as a Senator, March 2006, he voted against raising the debt ceiling.

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(Added by Steve Wolfer on 7/04, 7:11pm)
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... the EU has said Greece has wasted funds on extravagant social welfare programs, raising mandatory minimum wages for all employees and allowing union workers to retire early on generous pensions that Europe can no longer subsidize. Many Greeks say they should not be forced to pay for a crisis they believe politicians have caused.
Associated Press
USA Today, Wednesday, June 29, 2011; p 6A

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(Added by Ed Thompson on 6/29, 7:05pm)
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Postmodern politics: the characterization of others refusal to agree with your desire to eat them as irrational intransigent dogmatism.
Fred Bartlett
from this ROR Thread

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(Added by Steve Wolfer on 6/28, 9:44am)
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Notoriously, disciples tend to narrow their minds, admitting as meaningful questions, legitimate interpretations, and acceptable patterns of thought only those which they regard---rightly or wrongly---as sanctioned by the example of the master within whose 'school' they are working.
Stephen Edelston Toulmin
Human Understanding: The Collective Use and Evolution of Concepts

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(Added by Merlin Jetton on 6/20, 3:03am)
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"Intellectuals," no doubt, are often tiresome enough, because they are often pseudo-intellectuals--ingenious fools too clever to be wise, though brilliant at inventing the most ingenious reasons for their fatuous beliefs.
F.L. Lucas (1884-1967)
"Be Reasonable", by Wilcox & George, Prometheus Books, 1994 [quote of Lucas': "The Search for Good Sense"]

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(Added by Ed Thompson on 6/19, 7:47am)
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No matter how mad the plan is—Fraternité, the ‘New Soviet Man,’ the Master Race, the Great Leap Forward, the Cultural Revolution, Building a New Society, ObamaCare—a mob will believe it.
Ann Coulter
Demonic

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(Added by Steve Wolfer on 6/14, 1:26pm)
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The being cannot be termed rational or virtuous, who obeys any authority, but that of reason.
Mary Wollstonecraft
http://www.positiveatheism.org/hist/quotes/wollstonecraft.htm

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(Added by Ed Thompson on 6/12, 1:13pm)
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Is there a Constitutional right to self-defense?
Judge Sonia Sotomayor
http://www.askheritage.org/sotomayors-record-promises-judicial-activism-you-can-believe-in-2/

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(Added by Ed Thompson on 6/04, 12:26pm)
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Throughout the Bush and Clinton presidencies, Alan Greenspan, a disciple of free-market economist Friedrich Hayek and an avid reader of Ayn Rand, had served as chairman of the Federal Reserve Board. Greenspan had lived through the Ford/Carter inflationary years and had watched with concern the rise of federal deficits in the 1980s. Early in Clinton’s term, while interest rates remained low, the president took an action that dictated the behavior of the Fed and its chairman for the entire decade. In order to show rapid progress against the “Reagan/Bush deficits,” Clinton refinanced large chunks of the national debt at the lowest rates possible, regardless of the length of maturity. Much of this consisted of short-term bonds; but it had the effect of reducing the interest paid by the government on the debt, thus giving the appearance of reducing the deficits. By doing so, Clinton refused to refinance the debt in much longer term securities at a slightly higher rate. As long as inflation, and therefore, interest rates, stayed low, it was a good deal for the country. But the slightest uptick in inflation would add billions to the national debt and raised the specter of a massive refinancing of the debt at much higher prices. Clinton’s action in essence locked the Fed into a permanent antiinflation mode. Any good news in the economy—rising industrial production, higher employment figures, better trade numbers—might cause prices to go up, which would appear on Greenspan’s radar detector as a threat. The chairman found himself raising the prime rate repeatedly, trying to slow down the stock market. It was a perverse situation, to say the least: the most powerful banker in America constantly slapping the nation’s wage-earners and entrepreneurs for their success. Worse, Greenspan’s actions resulted in a constant underfunding of business, a steady deflation affecting long-term investment. Although few spotted it (George Gilder and Jude Wanniski were two exceptions), the nation suffered from a slow-acting capital anemia.
Larry Schweikart
A Patriot's History of the United States: From Columbus's Great Discovery to the War on Terror

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(Added by Luke Setzer on 6/02, 9:49am)
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And, once upon a time we had a good group in place - from the founding fathers on through most of our history we had adequate people in place, until the Fabian Socialists got our schools all turned around and we came to find ourselves a dumbed down nation of entitlement whiners and elitist control freaks.
Steve Wolfer
http://rebirthofreason.com/Forum/GeneralForum/1715.shtml#11

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(Added by Ed Thompson on 5/30, 4:15pm)
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...academic philosophers, who ought to have been Rand's allies in helping young people to knowledge, instead proved to be her enemies. Philosophy courses, with some honorable exceptions, seemed designed to leave students with the impression that philosophy means never having to say you are certain.
Ron Merrill
The Ideas of Ayn Rand

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(Added by Steve Wolfer on 5/22, 3:56pm)
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With the end of McCarthyism, many universities found ... they [could] not discriminate against communists. ... After all, the thinking went, 'Who's to say what's right or wrong?' Such views did not go far in science, business, or engineering, but the requirements at most universities in general education fields meant that the extremely activist and liberal faculty elements ... would reach the most students.
Larry Schweikart
A Patriot's History of the United States: From Columbus's Great Discovery to the War on Terror

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(Added by Luke Setzer on 5/20, 7:34pm)
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With regard to the idea of whether you have a right to health care, you have realize what that implies. It's not an abstraction. I’m a physician. That means you have a right to come to my house and conscript me. It means you believe in slavery.
Rand Paul
http://www.realclearpolitics.com/video/2011/05/12/sen_rand_paul_right_to_health_care_is_like_believing_in_slavery.html

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(Added by Ed Thompson on 5/13, 11:35am)
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And the truth is there's only one thing in the world that I really, really hate. Does anyone know what that is? Money. But there's only one thing I hate more than money ... and that's the truth.
Lady Gaga
http://rebirthofreason.com/Forum/GeneralForum/1713.shtml#2

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(Added by Ed Thompson on 5/12, 6:06pm)
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Maybe they'll need a moat. Maybe they want alligators in the moat!
President Barack Obama
http://nation.foxnews.com/president-obama/2011/05/10/obama-republicans-want-moat-alligators-border

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(Added by Ed Thompson on 5/11, 11:42am)
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They want to give people like me [millionaires] a two hundred thousand dollar tax cut that's paid for by asking thirty three seniors to each pay six thousand dollars more in health costs. That's not right, and it's not going to happen as long as I'm President.
President Barack Obama
http://www.whatisworking.com/2011/04/obama-budget-they-want-to-give.html?amp&

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(Added by Ed Thompson on 5/01, 5:59am)
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Or they suggest that we can somehow close our entire deficit by eliminating things like foreign aid, even though foreign aid makes up about 1% of our entire budget. ... So here's the truth. Around two-thirds of our budget is spent on Medicare, Medicaid, Social Security, and national security. Programs like unemployment insurance, student loans, veterans' benefits, and tax credits for working families take up another 20%. What's left, after interest on the debt, is just 12 percent for everything else. That's 12 percent for all of our other national priorities like education and clean energy; medical research and transportation; food safety and keeping our air and water clean. ... Up until now, the cuts proposed by a lot of folks in Washington have focused almost exclusively on that 12%. But cuts to that 12% alone won't solve the problem.
President Barack Obama
http://www.whatisworking.com/2011/04/obama-lets-be-honest-about-whats.html

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(Added by Ed Thompson on 5/01, 5:49am)
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... four further theses: that no way of conducting rational enquiry from a standpoint independent of the particularities of any tradition has been discovered and that there is good reason to believe that there is no such way; that the problems of understanding and representing faithfully the concepts and beliefs of some tradition alien to one's own in a way that makes those concepts and beliefs intelligible within one's own tradition confront difficulties which can in certain contingent circumstances be overcome; that rival traditions have rival conceptions of rationality and of progress in understanding, but that this does not entail relativism or perspectivism; and finally that although these theses are themselves advanced from the standpoint of a particular tradition, that of a Thomist Aristotelianism, they involve a substantive and nonrelativizable conception of truth, and that in this respect as in others there is no inconsistency in making universal claims from the standpoint of a tradition.
Alasdair MacIntyre
http://www.jstor.org/stable/2107828

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(Added by Ed Thompson on 4/28, 6:19pm)
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People often ask me how I became successful in that six-year period of time while many of the people I knew did not. The answer is simple: The things I found to be easy to do, they found to be easy not to do. I found it easy to set the goals that could change my life. They found it easy not to. I found it easy to read the books that could affect my thinking and my ideas. They found that easy not to. I found it easy to attend the classes and the seminars, and to get around other successful people. They said it probably really wouldn't matter. If I had to sum it up, I would say what I found to be easy to do, they found to be easy not to do. Six years later, I'm a millionaire and they are all still blaming the economy, the government and company policies, yet they neglected to do the basic, easy things.
Jim Rohn
Success Is Easy, but So Is Neglect

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(Added by Luke Setzer on 4/27, 5:34am)
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It is not the concept of government that is anathema to freedom; it is the concept of government unbound by any principle other than the brute force of numbers that is anathema to freedom. A government limited to defending the principle of free association and enforcing penalties for forced association is not anathema to freedom, it is a necessity for freedom.
Fred Bartlett
http://rebirthofreason.com/Forum/GeneralForum/1706.shtml#13

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(Added by Ed Thompson on 4/21, 5:58am)
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"The fourth step in our approach is to reduce spending in the tax code. In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. And I refuse to renew them again."
Barack H. Obama
Barack Obama, speech about the federal deficit

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(Added by Jim Henshaw on 4/20, 11:47am)
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I said, 'You want to repeal health care? Go at it. We'll have that debate. You're not going to be able to do that by nickel-and-diming me in the budget. You think we're stupid?
President Barack Obama
http://news.yahoo.com/s/yblog_theticket/20110415/ts_yblog_theticket/obama-caught-on-audio-slamming-gop

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(Added by John Armaos on 4/15, 11:12am)
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The 'America' that I know is a generous one.
President Barack Obama
President's April 13, 2011 speech on fiscal policy at George Washington University

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(Added by Ed Thompson on 4/13, 12:47pm)
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My finely honed political instincts tell me that almost nobody believes that they should be paying higher taxes.
President Barack Obama
President's April 13, 2011 speech on fiscal policy at George Washington University

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(Added by Ed Thompson on 4/13, 11:10am)
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"Racing frantically against the clock, the team was still scouting for locations [for the movie Atlas Shrugged, Part I]with only three days left before shooting ended. Some locations were found only the day before they were used; some actors were cast just two days before they went on camera."
Brian Doherty
"Atlas Shrugged: The Movie Scenes from the 38-year struggle to film Ayn Rand's famous novel", Reason magazine, May 2011

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(Added by Jim Henshaw on 4/08, 6:09pm)
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"The fact is, close to five years after 9/11 and fifteen years after the breakup of the Soviet Union, the United States still lacks a coherent national security policy. Instead of guiding principles, we have what appear to be a series of ad hoc decisions, with dubious results. Why invade Iraq and not North Korea or Burma? Why intervene in Bosnia and not Darfur?...Are we committed to use force wherever there's a despotic regime that's terrorizing its people—and if so, how long do we stay to ensure democracy takes root?...Perhaps someone inside the White House has clear answers to these questions. But our allies—and for that matter our enemies—certainly don't know what the answers are. More important, neither do the American people. Without a well-articulated strategy that the public supports and the world understands, America will lack the legitimacy—and ultimately the power—it needs to make the world safer than it is today."
Barack H. Obama
Barack Obama, "The Audacity of Hope", page 302.

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(Added by Jim Henshaw on 3/30, 11:35am)
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By elevating the issue of helping others into the central and primary issue of ethics, altruism has destroyed the concept of any authentic benevolence or good will among men. It has indoctrinated men with the idea that to value another human being is an act of selflessness, thus implying that a man can have no personal interest in others—that to value another means to sacrifice oneself—that any love, respect or admiration a man may feel for others is not and cannot be a source of his own enjoyment, but is a threat to his existence, a sacrificial blank check signed over to his loved ones.
Ayn Rand
“The Ethics of Emergencies,” The Virtue of Selfishness, 43.

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(Added by Ed Thompson on 3/25, 7:01pm)
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The arrogance of officialdom should be tempered and controlled, and assistance to foreign hands should be curtailed, lest Rome fall.
Marcus Tullius Cicero
55 BC

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(Added by William Dwyer on 3/24, 1:55pm)
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"It is my contention that limited government is a floating abstraction which has never been concretized by anyone; that a limited government must either initiate force or cease being a government; that the very concept of limited government is an unsuccessful attempt to integrate two mutually contradictory elements: statism and voluntarism. Hence, if this can be shown, epistemological clarity and moral consistency demands the rejection of the institution of government totally, resulting in free market anarchism, or a purely voluntary society ... Suppose that I were distraught with the service of a government in an Objectivist society. Suppose that I judged, being as rational as I possibly could, that I could secure the protection of my contracts and the retrieval of stolen goods at a cheaper price and with more efficiency. Suppose I either decide to set up an institution to attain these ends, or patronize one which a friend or a business colleague has established. Now, if he succeeds in setting up the agency, which provides all the services of the Objectivist government, and restricts his more efficient activities to the use of retaliation against aggressors, there are only two alternatives as far as the "government" is concerned: (a) It can use force or the threat of it against the new institution, in order to keep its monopoly status in the given territory, thus initiating the use of threat of physical force against one who has not himself initiated force. Obviously, then, if it should choose this alternative, it would have initiated force. Q.E.D. Or: (b) It can refrain from initiating force, and allow the new institution to carry on its activities without interference. If it did this, then the Objectivist "government" would become a truly marketplace institution, and not a "government" at all. There would be competing agencies of protection, defense and retaliation – in short, free market anarchism."
Roy A. Childs, Jr.
"Objectivism and The State: An Open Letter to Ayn Rand"

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(Added by Jim Henshaw on 3/12, 11:40am)
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... the United States represents approximately 5% of the world's population but has created more new wealth than all the rest of the world combined.
Ronald M. Mann
The 5000 Year Leap; ISBN 10: 0-88080-148-4

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(Added by Ed Thompson on 3/07, 10:17am)
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"[there is] no clear distinction between money and non-money ... although we usually assume there is a sharp line of distinction between what is money and what is not -- and the law generally tries to make such a distinction -- so far as the causal effects of monetary events are concerned, there is no such clear difference. What we find is rather a continuum in which objects of various degrees of liquidity, or with values which can fluctuate independently of each other, shade into each other in the degree to which they function as money."
Friedrich A. Von Hayek
"The Denationalization of Money", p. 47, quoted in "The Sovereign Individual", page 198

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(Added by Jim Henshaw on 3/06, 10:59pm)
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"Mass democracy leads to control of government by its 'employees.' But wait ... there are many more voters than there are persons on the government payroll. How could it be possible for employees to dominate under such conditions? The welfare state emerged to answer exactly this quandry. Since there were not otherwise enough employees to create a working majority, increasing numbers of voters were effectively put on the payroll to receive transfer payments of all kinds. In effect, the recipients of transfer payments and subsidies became pseudogovernment employees who were able to dispense with the bother of reporting every day to work."
James Dale Davidson
"The Sovereign Individual", page 126

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(Added by Jim Henshaw on 3/06, 12:04am)
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All Government employees should realize that the process of collective bargaining, as usually understood, cannot be transplanted into the public service. It has its distinct and insurmountable limitations when applied to public personnel management.
Franklin, D. Roosevelt
http://www.presidency.ucsb.edu/ws/index.php?pid=15445

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(Added by John Armaos on 2/23, 6:27pm)
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There's a lot of college students who all want to be Ayn Rand and soon they'll ... grow up and become conservatives. ... and in the end those college students and their buddies ... in the end will vote for the republican candidate, whoever he is, in November 2012.
Charles Krauthammer
http://rebirthofreason.com/Spirit/Videos/227.shtml

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(Added by Ed Thompson on 2/19, 8:54pm)
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What’s extraordinary about all this is that stimulus can’t have failed, because it never happened. Once you take state and local cutbacks into account, there was no surge of government spending.
Paul Krugman
http://krugman.blogs.nytimes.com/2011/02/14/the-great-abdication/

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(Added by Merlin Jetton on 2/16, 1:15pm)
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Maybe sacrifice--altruism--is popular (though not so much in practice as in discourse) because people want other people to sacrifice for them! Not exactly a benevolent reason!
Tibor R. Machan
Post after his article "Are our actions mostly motivated unconsciously?"

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(Added by Steve Wolfer on 2/10, 10:26am)
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He [Obama] hasn't advocated the abolition of private property; only of individual control over it. A distinction in search of a difference.
Fred Bartlett
http://rebirthofreason.com/Forum/ArticleDiscussions/2247.shtml#5

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(Added by Steve Wolfer on 1/31, 12:07pm)
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Of all the Civil War legislation -- aside, obviously, from emancipation -- this [National Banking Act of February 1863] had the most far-reaching consequences, most of them bad. Although Congress increased the number of national banks in operation (1,650 by December 1865), the destruction of the competitive-money/private-note issue system led to a string of financial upheavals, occurring like clockwork every twenty years until 1913. Competition in money had not only given the United States the most rapidly growing economy in the world, but it had also produced numerous innovations at the state level, the most important of which, branch banking, was prohibited for national banks. Thus, not only did the National Bank and Currency Acts establish a government monopoly over money, but they also excluded the most efficient and stable form of banking yet to emerge (although that mistake would be partially corrected in the 1920s). Critics of Lincoln's big-government policies are on firm ground when they assail the banking policy of the Civil War.
Larry Schweikart
A Patriot's History of the United States: From Columbus's Great Discovery to the War on Terror

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(Added by Luke Setzer on 1/27, 6:47am)
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It is time to leave behind the divisive battles of the past. It is time to move forward as one nation.
President Barack Obama
President's State of the Union Address; Jan. 2011

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(Added by Ed Thompson on 1/25, 7:18pm)
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The lesson of history is that, in the long run, super-elites have two ways to survive: by suppressing dissent or by sharing their wealth. It is obvious which of these would be the better outcome for America, and the world. Let us hope the plutocrats aren’t already too isolated to recognize this. Because, in the end, there can never be a place like Galt’s Gulch.
Chrystia Freeland
http://www.theatlantic.com/magazine/archive/2011/01/the-rise-of-the-new-global-elite/8343/#

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(Added by Ed Thompson on 1/25, 3:35am)
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