Quote-Du-Jour

“I have decided to stick with love. Hate is too great a burden to bear.”

~ Martin Luther King, Jr.

“The moment one definitely commits oneself, then Providence moves too. All sorts of things occur to help one that would never otherwise have occurred.  A whole stream of events issues from the de…

“I invest in anything that Bernanke can’t destroy, including gold, canned beans, bottled water and flashlight batteries.”

~ David Stockman, Former US Budget Director

Related reading:

David …

“The roses bloom so beautifully because they are not trying to become lotuses. And the lotuses bloom so beautifully because they have not heard the legends about other flowers. Everything in natur…

It will never rain more roses. When we  want  more roses, we must plant more roses.
~ George Eliot

Related reading:

George Eliot
Wikipedia

An error can never become true however many times you repeat it.

The truth can never be wrong, even if no one hears it.

~ Mahatma Gandhi

The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, pu…

As a general rule, the most successful man in life is the man who has the best information.

~ Benjamin Disraeli

Related reading:

Benjamin Disraeli
Wikipedia

The odds of dying on an airplane as a result of a terrorist hijacking are less than 1 in 25 million ­ which, for all intents and purposes, is effectively zero ­ according to Paul Campos, a law profe…

Banks (not borrowers) Broke the Law

• Delinquency is not a crime.
• Being foreclosed upon is not a crime.
• Bankruptcy is not a crime.

Foreclosure fraud is a crime

– Janet Tavakoli, Presentat…

The future is created by the people who build it, not the people who predict it will not exist.

~ Catherine Austin Fitts

Don Juan chuckled and lay down, putting his arms behind his head.

“You know exactly what you need”, he said.

I told him that sometimes I thought I knew, but that most of the time I had no self…

Armies and bombs do not scare me, but a man with an idea I have not thought of does.
~ Chairman Mao

Related reading:

Mao Zedong
Wikipedia

“Facing it, always facing it, that’s the way to get through. Face it.”
~ Joseph Conrad

Related reading:
Joseph Conrad
Wikipedia

Who was Joseph Conrad?
The Gemini Geek

Wisdom is avoiding all thoughts that weaken you”

~Wayne Dyer

Related reading:

Wayne Dyer
Wikipedia

“There’s some people who don’t know and you can’t tell them.”

~Louis Armstrong

Related reading:

Louis Daniel Armstrong
Wikipedia

The poet and the professor… Rabindranath Tagore and Albert Einstein, August 1941.

“Evidently, the only way to find the path is to set fire to my own life.”

~ Rabindranath Tagore

Related reading:…

“From now on, depressions will be scientifically created.”

~ Congressman Charles A. Lindbergh Sr., 1913, commenting on the creation of the Federal Reserve Bank

Related reading:

Charles August…

“Humans adapt remarkably well to disaster as long as the disaster occurs over a long period of time.”

~Dan Olmsted and Mark Blaxill, “The Age of Autism”

“It is no secret to most of you that our most significant results over many years have been the result of concentration in certain assets that, from time to time, go unloved.

As an example, oil at $…

“Daring ideas are like chessmen. Moved forward, they may be defeated, but they start a winning game.”

~ Goethe

Related reading:

Johann Wolfgang von Goethe
Wikipedia

“We said it before and we will say it again. There will be NO overt Wall Street bailouts for the
foreseeable future. Perhaps this is why the covert bailouts and cover-ups are still in operation.”

~ …

“The safest people to be with in a crisis is one that does not share strong ideological convictions, is not easily swayed by arguments and does not possess an overdeveloped exclusive sense of identi…

“Only the small secrets need to be protected. The big ones are kept secret by public incredulity.”

~ Marshall McLuhan

Related reading:

Marshall McLuhan
Wikipedia.

“The main economic policy of the Administrations has been subsidies for capital, and not for labor.”

~ Lawrence Lindsey

Related reading:

Lawrence B. Lindsey
Wikipedia

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“Curiosity has its own reason for existing. One cannot help but be in awe when he contemplates the mysteries of eternity, of life, of the marvelous structure of reality. It is enough if one tries …

“We failed, but in the good providence of God apparent failure often proves a blessing.”

~ Robert E. Lee

Robert E. Lee
Wikipedia

As investors, we seem to live in a prelude of the “World of Absurdities” that Günter Reimann brilliantly defined in the last chapter of his 1939 The Vampire Economy?Doing Business under Fascis…

‘I thought I’d hit the jackpot.'”

James Baldwin, responding to a television interviewer who asked him to describe the challenges he faced starting his career as a black, impoverished homosexual.

R…

“Everyone has a plan until he gets punched in the face.”
~ Mike Tyson

Thanks to Simon Black ( Sovereign Man) for pointing this one out!

“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the prof…

“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take…

The intelligent thought that surrounds you is subject to your intentional will to direct it. If you fail to give it direction, it merely supports whatever direction someone else gives it regarding y…

“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage — to move in the opposite direction.”

~ Albert Einstein

Corrupted by wealth and power, your government is like a restaurant with only one dish. They’ve got a set of Republican waiters on one side and a set of Democratic waiters on the other side. But no …

Why live in shame of what we have done, when we can live in awe of what we might do?
~ From Battlestar Gallactica

After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the government then extends its arm over the whole community. It covers the surface…

“The future is created by the people who build it, not the people who predict it will not exist.”
~ Catherine Austin Fitts

“Technology is easy to develop,” he says. “Developing a new attitude, moving the culture from one mental model to another, that’s the difficult part. You give people a solution to a problem …

“Economists want you to have one kidney. Nature believes in redundancy. It is costly, but it is very good for survival. If you follow the security analysts and their economic theories, they will d…

“It wasn’t my trading that made me most of my money… it was the sitting and waiting…”

~ Famous stock trader Jesse Livermore

Thanks to Ed Steer’s Gold & Silver Daily

“Where did the financial crisis begin? Which central bank conducted monetary policy that was too loose? Which country went down the wrong path of social policy by encouraging low income households…

People are unreasonable, illogical, and self-centered.
Love them anyway.

If you are kind, people may accuse you of selfish ulterior motives.
Be kind anyway.

If you are successful, you will win som…

You have to choose (as a voter) between trusting to the natural stability
of gold and the natural stability of the honesty and intelligence of the members
of the Government. And, with due respect fo…

“Life is a club where they won’t stand for squawks, where they deal you only one hand, and you must sit in. So even if the cards are cold and marked by the hand of fate, play up, play up like a ge…

–
“Any sufficiently advanced technology is indistinguishable from magic.”

~Sir Arthur C. Clarke

“All they’re trying to do is destroy the wetlands so they can get the mineral rights to all of whatever is under [the wetlands]”
— Caller from St. Tammany Parish, LA breaking into tears on a talk sho…

“All they’re trying to do is destroy the wetlands so they can get the mineral rights to all of whatever is under [the wetlands]”

~ caller from St. Tammany Parish, LA breaking into tears on a talk sho…

“We are a $13 billion hedge fund. At the start of the month we were a $14 billion hedge fund. But what the h***. What are you going to do?”

~ David Tepper, Appaloosa Management

“The only things that…

“Why go out for hamburger when you have steak at home?”
~ Paul Newman on marital infidelity

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–

“Constantly choosing the lesser of two evils is still choosing evil.”

~ Jerry Garcia

The bigger the breakdown, the bigger the breakthrough.

~Thomas Hupp

So I look into financing a vehicle. The lowest offer (4.82%) came from JP Morgan Chase. Every local bank was a point higher.

So they are taking my bailout money and loaning it back to me cheap – …

Fitts, I can’t make money in your past!

~ Luis S. Mendez,
Head of Capital Markets, Dillon Read & Co. Inc. explaining to me (Catherine) the importance of focusing on today’s opportunities.

“We have not journeyed across the centuries, across the oceans, across the mountains, across the prairies, because we are made of sugar candy.”

~ Sir Winston Churchill

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“Socialized medicine is the keystone in the arch of the socialized state.”

        ~ Vladimir Lenin
–
Thanks to Bill King of the King Report for pointi…

“You know, by the time you become the leader of a country, someone else makes all the decisions. You may find you can get away with virtual Presidents, virtual Prime Ministers, Virtual everything.”…

“Simple, clear purpose and principles give rise to complex and intelligent behavior. Complex rules and regulations give rise to simple and stupid behavior.”

~ Dee Hock

Special thanks to Larry Hoffen…

Grab your lab coat, goggles, and dosimeter while we play the exciting new game “Runaway competing economic systems armed with nuclear, chemical and biological incentives…

~ George Ure, Urban Surviv…

“War is when you allow the government to tell you who is your enemy; Revolution is when you decide that for yourself.”

~Anonymous

In the end the Party would announce that two and two made five, and you would have to believe it. It was inevitable that they should make that claim sooner or later: the logic of their position dema…

“While we are encouraged by this improvement, it’s hard to get too excited because it’s like drowning in 75 feet of water instead of 100 feet of water.”

—Jim Caron, head of fixed income stra…

There are some reports, for example, that some countries have been trying to construct something like an Ebola Virus, and that would be a very dangerous phenomenon, to say the least. Alvin Toeffler ha…

“The Fed did not provide assistance to all on an equal basis but tilted the playing field. Why should the Fed have had a program to buy commercial paper from large corporations and no program to h…

“There are only two ways to live your life. One is as though nothing is a miracle. The other is as if everything is.”

~Albert Einstein

“He is appointed to some petty office in one of the city departments, and presently is himself nominated for an elective office. By this time he has also found his way on to the ward committee, whe…

“You do not become a ‘dissident’ just because you decide one day to take up this most unusual career. You are thrown into it by your personal sense of responsibility, combined with a complex s…

Isn’t it funny when you walk into an investment company and see all the financial advisers watching CNBC? It gives me the same feeling of confidence I would have if I walked into the Mayo Clinic and a…

“In all contracts, say civilians, there should be a /quid pro quo/. If civil society therefore deprives a man of his natural means of subsistence, it should find him other means; otherwise civil soci…

Make not impossible that which but seems unlikely.
~ William Shakespeare

Whoever controls space, therefore, will control the world’s oceans. Whoever controls the oceans will control the patterns of global commerce. Whoever controls the patterns of global commerce will b…

“Do the kinds of things that come from the heart.
When you do, you won’t be dissatisfied, you won’t be envious, you
won’t be longing for somebody else’s things.
On the contrary, you’ll be …

“There is at least one elegant solution for every real problem.”
~ Harvey Jackins

“We will bankrupt ourselves in the vain search for absolute security”
~ Dwight David Eisenhower

If this country is worth saving, it’s worth saving at a profit.

~ HL Hunt

I get up every morning determined to both change the world and have one hell of a good time. Sometimes this makes planning my day difficult.

~ E.B. White

“Those who hammer their guns into plows will plow for those who do not.”

~Thomas Jefferson

“My daddy used to always say, if you see a good fight, get in it.”

~Vernon Johns

“As the estimable John Gray, of the London School of Economics, wryly explains in the latest issue of the New York Review of Books, the point of quantitative easing is to furnish the means to “re-en…

“In my experience as a reporter, disease/epidemic news is the easiest way to provoke fear in the population. People just line up and swallow all the nonsense. They stop thinking. They obey. Even when …

“An empire remains powerful so long as its subjects rejoice in it.”
~ Titus Livius

“We have 5 percent of the world’s population and 25 percent of the people in prison. Either we’re the most evil people on earth, or we’re doing something wrong . . . I saw more drug use at Georgetow…

Mental health is the ongoing process of dedication to reality at all costs.

– M. Scott Peck

“Everyone stumbles over the truth from time to time, but most people pick themselves up and hurry off as though nothing ever happened.”
~ Winston Churchill

“The law of flotation was not discovered by contemplating the sinking of things, but by contemplating the floating of things which floated naturally, and then intelligently asking why they did so.”

~…

“It’s politically sensitive, but it’s going to happen. Some people don’t want to hear this, and it sure isn’t in vogue, but — absolutely — we’re going to fight in space. We’re going to fight fro…

“A government big enough to give you everything you want is big enough to take away everything you have.”
        ~ Thomas Jefferson

“As the estimable John Gray, of the London School of Economics, wryly explains in the latest issue of the New York Review of Books, the point of quantitative easing is to furnish the means to “re-ener…

“. . . it is natural to man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth, and listen to the song of that siren till she transforms us into beasts. Is this…

“Agriculture’s been a horrible business for 30 years. For decades the money shufflers, the paper shufflers, have been the captains of the universe. That is now changing.

The people who produce real…

“People have lost their sense of humor. In former times we constantly made jokes about different races. You can only tell them today with one hand over your mouth otherwise you will be insulted as a r…

“I’m a lunatic farmer, that’s my new catch phrase. I have a Ph.D. That stands for Post Hole Digger. Today we only need to buy toilet paper and Kleenex, everything else we make here. The only reason …

Ford’s Model T, the working man’s car, could be bought for around $300 in the 1920s. A more upscale manufacturer, Studebaker, advertised their “Big Six Touring Car” for $1750. It had seating…

All men dream, but not equally. Those who dream by night in the dusty recesses of their minds wake in the day to find that it was vanity; but the dreamers of the day are dangerous men, for they may…

How beautiful are the feet of them that preach the gospel of peace, and bring glad tidings of good things!

– Romans 10:15