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Copyright The National Gallery, London “The Wind of Heaven is that which blows through a horse’s ears.” ~Bedouin proverb

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“Men who can both be right and sit tight are uncommon. Do not try to sell and buy back (core positions) on reactions in a

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“Was the government to prescribe to us our medicine and diet, our bodies would be in such keeping as our souls are now … Thus

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“There are some people that if they don’t know, you can’t tell them.” ~ Louis Armstrong

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We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. ~ George Orwell Related

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“I have decided to stick with love. Hate is too great a burden to bear.” ~ Martin Luther King, Jr.

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“The moment one definitely commits oneself, then Providence moves too. All sorts of things occur to help one that would never otherwise have occurred.  A

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“I invest in anything that Bernanke can’t destroy, including gold, canned beans, bottled water and flashlight batteries.” ~ David Stockman, Former US Budget Director Related

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“The roses bloom so beautifully because they are not trying to become lotuses. And the lotuses bloom so beautifully because they have not heard the

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It will never rain more roses. When we  want  more roses, we must plant more roses. ~ George Eliot Related reading: George Eliot Wikipedia

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An error can never become true however many times you repeat it. The truth can never be wrong, even if no one hears it. ~

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The illusion of freedom will continue as long as it’s profitable to continue the illusion. At the point where the illusion becomes too expensive to

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As a general rule, the most successful man in life is the man who has the best information. ~ Benjamin Disraeli Related reading: Benjamin Disraeli

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The odds of dying on an airplane as a result of a terrorist hijacking are less than 1 in 25 million ­ which, for all

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Banks (not borrowers) Broke the Law • Delinquency is not a crime. • Being foreclosed upon is not a crime. • Bankruptcy is not a

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The future is created by the people who build it, not the people who predict it will not exist. ~ Catherine Austin Fitts

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Don Juan chuckled and lay down, putting his arms behind his head. “You know exactly what you need”, he said. I told him that sometimes

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Armies and bombs do not scare me, but a man with an idea I have not thought of does. ~ Chairman Mao Related reading: Mao

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“Facing it, always facing it, that’s the way to get through. Face it.” ~ Joseph Conrad Related reading: Joseph Conrad Wikipedia Who was Joseph Conrad?

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Wisdom is avoiding all thoughts that weaken you” ~Wayne Dyer Related reading: Wayne Dyer Wikipedia

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“There’s some people who don’t know and you can’t tell them.” ~Louis Armstrong Related reading: Louis Daniel Armstrong Wikipedia

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The poet and the professor… Rabindranath Tagore and Albert Einstein, August 1941. “Evidently, the only way to find the path is to set fire to

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“From now on, depressions will be scientifically created.” ~ Congressman Charles A. Lindbergh Sr., 1913, commenting on the creation of the Federal Reserve Bank Related

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“Humans adapt remarkably well to disaster as long as the disaster occurs over a long period of time.” ~Dan Olmsted and Mark Blaxill, “The Age

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“It is no secret to most of you that our most significant results over many years have been the result of concentration in certain assets

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“Daring ideas are like chessmen. Moved forward, they may be defeated, but they start a winning game.” ~ Goethe Related reading: Johann Wolfgang von Goethe

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“We said it before and we will say it again. There will be NO overt Wall Street bailouts for the foreseeable future. Perhaps this is

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“The safest people to be with in a crisis is one that does not share strong ideological convictions, is not easily swayed by arguments and

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“Only the small secrets need to be protected. The big ones are kept secret by public incredulity.” ~ Marshall McLuhan Related reading: Marshall McLuhan Wikipedia.

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There is no reason why good cannot triumph as often as evil. The triumph of anything is a matter of organization. If there are such

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“The main economic policy of the Administrations has been subsidies for capital, and not for labor.” ~ Lawrence Lindsey Related reading: Lawrence B. Lindsey Wikipedia

Quote du Jour – Einstein

Quote du Jour – Einstein

–– “Curiosity has its own reason for existing. One cannot help but be in awe when he contemplates the mysteries of eternity, of life, of

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“We failed, but in the good providence of God apparent failure often proves a blessing.” ~ Robert E. Lee Robert E. Lee Wikipedia

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As investors, we seem to live in a prelude of the “World of Absurdities” that Günter Reimann brilliantly defined in the last chapter of his

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‘I thought I’d hit the jackpot.’” James Baldwin, responding to a television interviewer who asked him to describe the challenges he faced starting his career

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“Everyone has a plan until he gets punched in the face.” ~ Mike Tyson Thanks to Simon Black ( Sovereign Man) for pointing this one

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“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to

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“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet,

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The intelligent thought that surrounds you is subject to your intentional will to direct it. If you fail to give it direction, it merely supports

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“Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage —

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Corrupted by wealth and power, your government is like a restaurant with only one dish. They’ve got a set of Republican waiters on one side

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Why live in shame of what we have done, when we can live in awe of what we might do? ~ From Battlestar Gallactica

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After having thus successively taken each member of the community in its powerful grasp and fashioned him at will, the government then extends its arm

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“The future is created by the people who build it, not the people who predict it will not exist.” ~ Catherine Austin Fitts

Quote du Jour – Dean Kamen

Quote du Jour – Dean Kamen

“Technology is easy to develop,” he says. “Developing a new attitude, moving the culture from one mental model to another, that’s the difficult part. You

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“Economists want you to have one kidney. Nature believes in redundancy. It is costly, but it is very good for survival. If you follow the

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“It wasn’t my trading that made me most of my money… it was the sitting and waiting…” ~ Famous stock trader Jesse Livermore Thanks to

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“Where did the financial crisis begin? Which central bank conducted monetary policy that was too loose? Which country went down the wrong path of social

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People are unreasonable, illogical, and self-centered. Love them anyway. If you are kind, people may accuse you of selfish ulterior motives. Be kind anyway. If

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You have to choose (as a voter) between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of

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“Life is a club where they won’t stand for squawks, where they deal you only one hand, and you must sit in. So even if

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– “Any sufficiently advanced technology is indistinguishable from magic.” ~Sir Arthur C. Clarke

Gulf Oil Spill Quotes du Jour

Gulf Oil Spill Quotes du Jour

“All they’re trying to do is destroy the wetlands so they can get the mineral rights to all of whatever is under [the wetlands]” ~

Quote du Jour – Gulf Oil Spill

Quote du Jour – Gulf Oil Spill

“All they’re trying to do is destroy the wetlands so they can get the mineral rights to all of whatever is under [the wetlands]” —

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“We are a $13 billion hedge fund. At the start of the month we were a $14 billion hedge fund. But what the h***. What

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“Why go out for hamburger when you have steak at home?” ~ Paul Newman on marital infidelity

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– – “Constantly choosing the lesser of two evils is still choosing evil.” ~ Jerry Garcia

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The bigger the breakdown, the bigger the breakthrough. ~Thomas Hupp

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So I look into financing a vehicle. The lowest offer (4.82%) came from JP Morgan Chase. Every local bank was a point higher. So they

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Fitts, I can’t make money in your past! ~ Luis S. Mendez, Head of Capital Markets, Dillon Read & Co. Inc. explaining to me (Catherine)

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“We have not journeyed across the centuries, across the oceans, across the mountains, across the prairies, because we are made of sugar candy.” ~ Sir

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– “Socialized medicine is the keystone in the arch of the socialized state.”         ~ Vladimir Lenin – Thanks to Bill King of the King Report

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“You know, by the time you become the leader of a country, someone else makes all the decisions. You may find you can get away

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“Simple, clear purpose and principles give rise to complex and intelligent behavior. Complex rules and regulations give rise to simple and stupid behavior.” ~ Dee

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Grab your lab coat, goggles, and dosimeter while we play the exciting new game “Runaway competing economic systems armed with nuclear, chemical and biological incentives…

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“War is when you allow the government to tell you who is your enemy; Revolution is when you decide that for yourself.” ~Anonymous

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In the end the Party would announce that two and two made five, and you would have to believe it. It was inevitable that they

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If you want to build a ship, don’t herd people together to collect wood and don’t assign them tasks and work, but rather teach them

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“While we are encouraged by this improvement, it’s hard to get too excited because it’s like drowning in 75 feet of water instead of 100

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There are some reports, for example, that some countries have been trying to construct something like an Ebola Virus, and that would be a very

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“The Fed did not provide assistance to all on an equal basis but tilted the playing field. Why should the Fed have had a program

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“There are only two ways to live your life. One is as though nothing is a miracle. The other is as if everything is.” ~Albert

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“He is appointed to some petty office in one of the city departments, and presently is himself nominated for an elective office. By this time

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“You do not become a ‘dissident’ just because you decide one day to take up this most unusual career. You are thrown into it by

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Isn’t it funny when you walk into an investment company and see all the financial advisers watching CNBC? It gives me the same feeling of

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“In all contracts, say civilians, there should be a /quid pro quo/. If civil society therefore deprives a man of his natural means of subsistence,

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Make not impossible that which but seems unlikely. ~ William Shakespeare

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Whoever controls space, therefore, will control the world’s oceans. Whoever controls the oceans will control the patterns of global commerce. Whoever controls the patterns of

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“Do the kinds of things that come from the heart. When you do, you won’t be dissatisfied, you won’t be envious, you won’t be longing

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“There is at least one elegant solution for every real problem.” ~ Harvey Jackins

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“We will bankrupt ourselves in the vain search for absolute security” ~ Dwight David Eisenhower

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If this country is worth saving, it’s worth saving at a profit. ~ HL Hunt

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I get up every morning determined to both change the world and have one hell of a good time. Sometimes this makes planning my day

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“Those who hammer their guns into plows will plow for those who do not.” ~Thomas Jefferson

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“My daddy used to always say, if you see a good fight, get in it.” ~Vernon Johns

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“As the estimable John Gray, of the London School of Economics, wryly explains in the latest issue of the New York Review of Books, the

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“In my experience as a reporter, disease/epidemic news is the easiest way to provoke fear in the population. People just line up and swallow all

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“An empire remains powerful so long as its subjects rejoice in it.” ~ Titus Livius

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“We have 5 percent of the world’s population and 25 percent of the people in prison. Either we’re the most evil people on earth, or

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Mental health is the ongoing process of dedication to reality at all costs. – M. Scott Peck

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“Everyone stumbles over the truth from time to time, but most people pick themselves up and hurry off as though nothing ever happened.” ~ Winston

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“The law of flotation was not discovered by contemplating the sinking of things, but by contemplating the floating of things which floated naturally, and then

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“It’s politically sensitive, but it’s going to happen. Some people don’t want to hear this, and it sure isn’t in vogue, but — absolutely —

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“A government big enough to give you everything you want is big enough to take away everything you have.”         ~ Thomas Jefferson

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“As the estimable John Gray, of the London School of Economics, wryly explains in the latest issue of the New York Review of Books, the

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“. . . it is natural to man to indulge in the illusions of hope. We are apt to shut our eyes against a painful

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“Agriculture’s been a horrible business for 30 years. For decades the money shufflers, the paper shufflers, have been the captains of the universe. That is