Quotes of the Day

by Eric T. Phillips

Jim Goad:

Filing a tax return always feels like I’m snitching on myself. Licking that envelope shut feels uncomfortably like performing an act of oral servitude on the feds. Being forced to mail those gilded insects in DC money skimmed from my prodigious labor has never seemed fair to me, not a stinking penny of it.

Robert Higgs:

Why does anyone place any confidence in anything a politician says? Why does anyone expect anything but deception and predation from these dishonest reprobates? Why does anyone seek social improvement or economic salvation from the programs these ne’er-do-wells devise and implement? Why, indeed, do people continue to tolerate politics at all?

Joseph Salerno:

You would think that the increasingly evident failure of China’s inflationary monetary policy would give our own inflationists pause.  China’s plan to promote consumption spending involved the building of spectacular new cities and shopping malls  based on the belief that  ”if you build them, they will come–and spend.”  An arresting visual representation of this enormous malinvestment of capital and profligate waste  of resources is captured in these eerie photos of completely empty Chinese shopping malls.

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