Reagan's First Inaugural: "In this present crisis, government is not the solution to our problem; government is the problem." Thatcher: "What [a Leftist] is saying is that he would rather the poor were poorer provided the rich were less rich." Bastiat: “The State is that great fiction by which everyone tries to live at the expense of everyone else.” Mises: "Those politicians, professors and union bosses who curse big business are fighting for a lower standard of living." Hayek: "The [libertarian], of course, does not deny that there are some superior people -- he is not an egalitarian -- but he denies that anyone has authority to decide who these superior people are." Mises: "Monetary calculation and cost accounting constitute the most important intellectual tool of the capitalist entrepreneur, and it was no one less than Goethe who pronounced the system of double-entry bookkeeping one of the finest inventions of the human mind." Friedrich Nietzsche: “Everything the State says is a lie, and everything it has it has stolen” Kingsley Amis: "If you can't annoy somebody, there is little point in writing." Alexander Tytler: "A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." Niels Bohr: 'Prediction is very difficult, especially about the future."
Editor for The Biotech Forum (www.biotechforumsa.com), the #2 subscribed to Marketplace investment service offered through SeekingAlpha. Top 5% ranked analyst (TipRanks) 2013 through first half of 2015. Daily contributor for Real Money Pro. Hedge fund manager from 2008 to 2011. Previously technology executive at Fortune 100 firm for a decade. For Free weekly investment reports on small, attractive biotech stocks just register at www.bretjenseninvests.com
Let me give you some numbers about the US Economy :
Domestic debt at 400% of GDP 70%of the Economy is Consumption based with borrowed money , Now you understand why I am bearish ....I let you imagine the outcome of this debt based casino economy ....join me on my blogs meanwhile :
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