QUOTE A DAY - June 14, 2011Greetings fellow quote lovers:Good morning friends. I wanted to alert you all to the fact that we created a website that featured the past 4 daily deals in case you missed the email. Any time you miss a daily deal, simply visit:
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Today's quotes were inspired by the HBO movie:
Too Big to Fail which chronicled the financial meltdown of 2008 and how the big banks manipulated the system. I have come to believe they are the biggest stumbling block to a free society.
Best,
JAQuestions? Comments?
Email Me*---- Quotes For The Week ----*A government which robs Peter to pay Paul can always depend on the support of Paul.
--George Bernard Shaw
[I think the American are Peter and banks are "Paul"]
I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is now controlled by its system of credit. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world- no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.
-- Woodrow Wilson in 1919
Globalization creates interlocking fragility, while reducing volatility and giving the appearance of stability. In other words it creates devastating Black Swans. We have never lived before under the threat of a global collapse. Financial Institutions have been merging into a smaller number of very large banks. Almost all banks are interrelated. So the financial ecology is swelling into gigantic, incestuous, bureaucratic banks - when one fails, they all fall.
--Nassim Taleb
**--- MYSTERY QUOTE ---**Can any reasonable man be well disposed toward a government which makes war and carnage the only means of supporting itself?
See at the bottom for the answer*---- More Quotes for the Week ----*We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can't have both.
-- Louis Brandeis, Supreme Court justice from 1916-1939
The achievements of past struggles and the aspirations of an entire nation are [being] undone and erased...No Agent Orange or steel pellet bombs, no napalm, no toxic chemicals: a new phase of economic and social destruction has unfolded. The seemingly neutral and scientific tools of macroeconomic policy constitute a non--violent instrument of recolonization and impoverishment.
--Michel Chossudovsky, economist
MYSTERY QUOTE AND ANSWER - DID YOU GUESS CORRECTLY?Can any reasonable man be well disposed toward a government which makes war and carnage the only means of supporting itself?
MYSTERY ANSWER: Alexander Hamilton, Constitutional Convention
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