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2010 November 19
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"[W]e have to realize that the real problem is that the American people have been too submissive. We have been too submissive. It has been going on for a long time. ... [T]he bill that I have introduced ... is very simple. It is one paragraph long. It removes the immunity from anybody in the Federal government that does anything that you or I can't do.
If you can't grope another person and if you can't X-ray people and endanger them with possible X-rays, [and] you can't take nude photographs of individuals, why do we allow the government to do it? We would go to jail. He would be immediately arrested, if an individual citizen went up and did these things, and yet we just sit there and calmly say, 'oh, they are making us safe.' And besides, the argument from the executive branch is that when you buy a ticket, you have sacrificed your rights and it is the duty of the government to make us safe. That isn't the case. You never have to sacrifice your rights. The duty of the government is to protect our rights, not to use them and do what they have been doing to us." |
"Americans find it intolerable that one constitutional right should have to be surrendered in order to assert another. America is the land of the free and home of the brave -- we don't need a Patriot Act, because we are already patriots. We know freedom means responsibility, but I am not sure Congress and its domestic enforcement agencies do. More often than not, new security measures enacted by the government have resulted in more violations of the citizenry than terrorists have ever done. The terrorists want us to be afraid -- well, we are not afraid. Stop wasting dollars on this program -- it is not good for America. To give up essential liberty for a little security provides neither. The right to be left alone from government intrusion is the beginning of all freedoms." |
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2010 November 18
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"We can't constantly explain to our voters that
taxpayers have to be on the hook for certain risks,
rather than those who make a lot of money taking those risks." |
"All stakeholders must participate in the gains and losses of any particular situation." |
"Make sure what you risk is yours to lose." |
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2010 November 17
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"Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation." |
"For the average family, all these taxes now eat 38 percent of gross income, a higher rate of taxation than ever before in the peacetime history of the United States. By comparison, the typical two-income family in the mid-1950s paid 28 percent of their income for taxes. We’re now at the absurd point where the typical family works until noon of every working day to satisfy the taxman, paying more in taxes than they spend for food, clothing and housing combined." |
"Over the 20th century, the federal government has assumed a vast and unprecedented set of powers. Not only has the exercise of those powers upset the balance between federal and state governments; run roughshod over individuals, families, and firms; and reduced economic opportunity for all; but most of what the federal government does today -- to put the point as plainly and candidly as possible -- is illegitimate because done without explicit constitutional authority. The time has come to start returning power to the states and the people, to relimit federal power in our fundamental law, to restore constitutional government." |
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2010 November 16
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"Restraint of government is the true liberty and freedom of the people." |
"It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a 'dismal science.' But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance." |
According to the Tax Foundation, the average American worker works 127 days of the year just to pay his taxes. That means that government owns 36 percent of the average American’s output—which is more than feudal serfs owed the robber barons. That 36 percent is more than the average American spends on food, clothing and housing. In other words, if it were not for taxes, the average American’s living standard would at least double. |
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2010 November 15
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"Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: 'Account Overdrawn.'" |
"You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the end of any nation. You cannot multiply wealth by dividing it." |
"When the socialist economies of Eastern Europe disintegrated, the cause was evident to nearly everyone: the stifling directives of central planning had all but obliterated individual initiative and accountability. The cure was just as obvious: a healthy dose of entrepreneurship and private enterprise." |
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