QUOTES FOR THE WEEK, SEPTEMBER 4, 2011

 
“Government can, instead of extending freedom, restrict freedom. And note … that the ‘can’ quickly becomes ‘will’ the moment the holders of government power are left to their own devices. This is because of the corrupting influence of power, the natural tendency of men who possess some power to take unto themselves more power. The tendency leads eventually to the acquisition of all power — whether in the hands of one or many makes little difference to the freedom of those left on the outside.” . . . U. S. Senator Barry Goldwater (1909-1998) . . .
 
“With an emphasis on enterprise, investment, and work, on jobs and opportunity, we turned around economic decline and national malaise and set in motion one of the longest periods of peacetime economic growth and job creation in postwar history. The pundits … told us that we couldn’t expect to get anything accomplished, even before we got to Washington. Now, they’re trying to bring the curtain down before the show is over. … The notion that government controls, central planning, and bureaucracy can provide cost-free prosperity has now come and gone the way of the hula-hoop, the Nehru jackets, and the all-asparagus diet. Throughout the world the failure of socialism is evident.” . . . Ronald Reagan . . .
 
“If you really want to light the fuse of a liberal Democrat, compare Barack Obama’s economic performance after 30 months in office with that of Ronald Reagan. It’s not at all flattering for Mr. Obama. The two presidents have a lot in common. Both inherited an American economy in collapse. And both applied daring, expensive remedies. Mr. Reagan passed the biggest tax cut ever, combined with an agenda of deregulation, monetary restraint and spending controls. Mr. Obama, of course, has given us a $1 trillion spending stimulus. By the end of the summer of Reagan’s third year in office, the economy was soaring. The GDP growth rate was 5% and racing toward 7%, even 8% growth. In 1983 and ’84 output was growing so fast the biggest worry was that the economy would ‘overheat.’ In the summer of 2011 we have an economy limping along at barely 1% growth and by some indications headed toward a ‘double-dip’ recession. By the end of Reagan’s first term, it was Morning in America. Today there is gloomy talk of America in its twilight. My purpose here is not more Reagan idolatry, but to point out an incontrovertible truth: One program for recovery worked, and the other hasn’t.” . . . columnist Stephen Moore . . .
 
“Opportunity only flourishes upon uncertain terrain. The government’s job should be to reduce the artificial uncertainty generated by its own actions. Free people should not have to worry about being crushed by the State, or watch their commercial triumphs washed away by huge subsidies to their defeated competitors. … No one is free unless everyone is. That means you cannot make demands upon your neighbors that you are not willing to reciprocate. It means the burden of financing our government should be shared by everyone, not lumped upon small populations that can be easily out-voted. It means that people are accountable for their actions. It is the reason a free people should embrace charity, but deny entitlement. The Declaration of Independence announced the glory of American liberty by advancing three self-evident truths. The never-ending struggle to retain that liberty involves combining those truths to produce an endless series of denials. The allure of government control and dependency is great, so every free man and woman should be prepared to spend a lifetime saying ‘no.'” . . . columnist John Hayward . . .
 
“The average man . . . sees clearly that government is something lying outside him and outside the generality of his fellow men—that it is a separate, independent, and hostile power, only partly under his control, and capable of doing him great harm. . . . [Government] is apprehended, not as a committee of citizens chosen to carry on the communal business of the whole population, but as a separate and autonomous corporation, mainly devoted to exploiting the population for the benefit of its own members. . . . When a private citizen is robbed, a worthy man is deprived of the fruits of his industry and thrift; when the government is robbed, the worst that happens is that certain rogues and loafers have less money to play with than they had before.” . . . journalist H. L. Mencken writing in a 1926 essay . . .
 
“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in inequity and born in sin . . . . Bankers own the earth. Take it away from them but leave them the power to create money, and, with a flick of a pen, they will create enough money to buy it back again. . . . Take this great power away from them and all great fortunes like mine will disappear, for then this would be a better and happier world to live in. . . . But, if you want to continue to be the slaves of bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.” . . . Sir Josiah Stamp, president of the Bank of England and the second richest man in Britain in the 1920s. . . .
 
“Government control of the economy, no matter in whose behalf, has been the source of all the evils in our industrial society — and the solution is laissez-faire capitalism, i.e., the abolition of any and all forms of intervention in production and trade, the separation of State and Economics, in the same way and for the same reasons as the separation of Church and State.” . . . author and philosopher Ayn Rand (1905-1982) . . .
 
“In selecting men for office, let principle be your guide. Regard not the particular sect or denomination of the candidate — look to his character…” . . . Noah Webster, Letters to a Young Gentleman Commencing His Education, 1789 . . .
 

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