Thought for the Day

"The ultimate result of protecting fools from their folly is to fill the planet full of fools." James Russell Lowell
(1819-1891) American author and diplomatist

Enough Said

Poster Politics

The Quote of the Decade:
"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."
~ Senator Barack H. Obama, March 2006

Dishonorable Disclosures

http://www.youtube.com/watch?v=X-Xfti7qtT0

For you Consideration

Observation regarding Free Enterprise

"Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon." -- Winston Churchill (1874-1965) Prime Minister of the United Kingdom

"The uniform, constant, and uninterrupted effort of every man to better his condition ... is frequently powerful enough to maintain the natural progress of things toward improvement, in spite of the extravagance of government, and of the greatest errors of administration." -- Adam Smith (1723-1790) Scottish philosopher and economist

"Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated." -- Walter Wriston
(1919-2005) Chairman and CEO of Citibank/Citicorp (1967-84)

Grab the Oil: Pollution Absolution

Jim Amrhein tells us three misguided assertions by environmentalists about American oil consumption, and says that the truly environmentally responsible thing for the US to do would be to Grab the Oil before anyone else gets it.

http://whiskeyandgunpowder.com/grab-the-oil-pollution-absolution/

An Admonition from Paul Harvey

This is a short radio broadcast from legendary radio broadcaster Paul Harvey delivered 4/3/65.

http://www.youtube.com/watch?v=H3Az0okaHig&feature=youtu.be

"You didn't build that"

President Obama's "you didn't build that" statement to successful business owners has created a serious backlash. In rebuttal, his defenders point to his more complete statement for "clarification":

If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you've got a business, you didn't build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.

http://mises.org/daily/6136/You-Didnt-Build-That