Quote For The Week

Quote For The Week

“Patriotism is supporting your country all the time, and your government when it deserves it.”

-Mark Twain (American author and humorist. 1835-1910)

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Tuesday, May 24th, 2016 Government, Quote For The Week No Comments

Quote For The Week

“A danger foreseen is half-avoided.”

-Cheyenne (Native American nation of the Great Plains) proverb

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Monday, May 16th, 2016 Quote For The Week No Comments

Quote For The Week

“And that means we have to not only question the world as it is, and stand up for those African Americans who haven’t been so lucky- because, yes, you’ve worked hard, but you’ve also been lucky. That’s a pet peeve of mine: People who have been successful and don’t realize they’ve been lucky. That God may have blessed them; it wasn’t nothing you did. So don’t have an attitude. But we must expand our moral imaginations to understand and empathize with all people who are struggling, not just black folks who are struggling — the refugee, the immigrant, the rural poor, the transgender person, and yes, the middle-aged white guy who you may think has all the advantages, but over the last several decades has seen his world upended by economic and cultural and technological change, and feels powerless to stop it. You got to get in his head, too…”

-U.S. President Barack Obama, speaking at Howard University’s commencement ceremony last Saturday

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Quote For The Week

“I don’t think I’ll have a good sense of my legacy until 10 years from now when I can look back with some perspective and get a sense of what worked and what didn’t. There are things I’m proud of: the basic principle that in a country as wealthy as the United States, every person should have access to high quality healthcare that they can afford. Saving the world economy from a Great Depression, that was pretty good. The first time I came to London, in April 2009, the world economy was in freefall, in part because of the reckless behaviour of the folks on Wall Street, but in part because of reckless behaviour of a lot of financial institutions around the globe. For us to be able to mobilise the world community, to take rapid action, to stabilise the financial markets and then in the United States to pass Wall Street reforms that make it much less likely that a crisis like that could happen again- I’m proud of that.”

(Editor’s note: Bold added for emphasis)

-U.S. President Barack Obama, speaking to students in London, England, on April 23, 2016

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Quote For The Week

“Whoever is for higher taxes, feel free to pay higher taxes.”

-Adam Carolla, American comedian, radio personality, television host, actor, podcaster and director

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Monday, April 18th, 2016 Quote For The Week, Taxes No Comments

James Rickards: Gold Other Money That Renders Central Bank Power ‘Meaningless’

The “Quote For The Week” runner-up. From American investment banker, risk manager, attorney, and financial commentator James Rickards, in a recent interview with Schiff Gold’s Albert K. Lu:

I actually think of gold as money. Money is different from an investment or a commodity, so, is gold a commodity? Is it an investment? Is it money? Well, it depends a little bit. Like a chameleon, it changes color. I think of it as money. But I think that’s why there is such bitter opposition, and so many really canards and made-up stories, anti-gold. These come from the PhDs. Whoever controls money controls the world. You control wealth, you control politics; you control who wins and who loses. It’s a very powerful thing to control.

Who controls money today? The answer is the central banks, and those are all PhDs, they come from MIT, Harvard, Chicago, Stanford, just a really small number of universities. They all know each other. It’s a club. Well, if you were in this PhD club that controls the central banks, you wouldn’t want people to even think about gold. You wouldn’t want them to talk about gold, because gold is the competition. Gold is the other money that can render their power meaningless. And so they perpetuate these myths about gold. Unfortunately, a lot of students, a lot of journalists, a lot of everyday citizens follow the leader, follow these PhDs without ever examining the assumptions…

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

Rickard’s new book…

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Quote For The Week

“This is an economy on a solid course. Not a bubble economy. We try carefully to look at evidence of a potential financial instability that might be brewing, and some of the hallmarks of that are clearly-overvalued asset prices, high leverage, rising leverage, and rapid credit growth. We certainly don’t see those imbalances. And so, although interest rates are low and that is something that can encourage reach for yield behavior, I certainly wouldn’t describe this as a bubble economy…”

-Federal Reserve Chair Janet Yellen, speaking at New York City’s International House on April 7, 2015

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Follow-Up: Martin Armstrong’s Quote For The Week

Before I really get going for the week on Survival And Prosperity, after I published the “Quote For The Week” Monday- the one from economist Martin Armstrong about a “lack of recent reports of UFO sightings or abduction” in this goofy election year- I couldn’t help but remember my 1992-93 winter break from college where I invited a bunch of buddies up to my family’s cabin in Wisconsin. As the host, I got to pick the VHS movies to watch, with one of them being the 1988 John Carpenter sci-fi film They Live starring the late “Rowdy” Roddy Piper of pro wrestling fame. From Melissa Portell on the IMDB website:

Nada, a down-on-his-luck construction worker, discovers a pair of special sunglasses. Wearing them, he is able to see the world as it really is: people being bombarded by media and government with messages like “Stay Asleep”, “No Imagination”, “Submit to Authority”. Even scarier is that he is able to see that some usually normal-looking people are in fact ugly aliens in charge of the massive campaign to keep humans subdued.

(Editor’s note: Bold added for emphasis)

My friends had never heard of the flick. But I had already seen it. And the one part of the movie that really stood out for me (and which I thought my buddies would appreciate) was the fight scene where Piper (Nada) tries to get actor Keith David to wear the “special” sunglasses:


“They Live (2/4) They Live Fight Scene – FULL (Explicit Language) (1988)”
YouTube Video

In my opinion, one of the best fight sequences ever to grace the “Silver Screen.” And my guests wholeheartedly agreed as well.

In 1992, the message that movie conveyed was somewhat lost on us meathead college boys (the beer certainly didn’t help either).

Some twenty-three years later, sans the alien bit, I can’t help but be a little creeped out by the resemblance between America of 2016 and Carpenter’s nightmarish setting:

The world as it really is: people being bombarded by media and government with messages like “Stay Asleep”, “No Imagination”, “Submit to Authority”…


“Newscasters Agree: A Christmas Present Or Two Or Ten Edition”
YouTube Video

Funny?

I don’t know about you, but that segment really started getting disturbing for me around the minute mark.

Live long and prosper… if you can.

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Quote For The Week

“Do not abandon yourselves to despair. We are the Easter people and hallelujah is our song.”

-Pope John Paul II (born Karol Józef Wojtyła in Poland, Pope of the Roman Catholic Church from 1978 to 2005. 1920-2005)

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Monday, March 28th, 2016 Quote For The Week, Religion No Comments

Quote For The Week

“The *establishment* composed of journos, BS-Vending talking heads with well-formulated verbs, bureaucrato-cronies, lobbyists-in training, New Yorker-reading semi-intellectuals, image-conscious empty suits, Washington rent-seekers and other ‘well thinking’ members of the vocal elites are not getting the point about what is happening and the sterility of their arguments. People are not voting for Trump (or Sanders). People are just voting, finally, to destroy the establishment.”

-March 7, 2016, Facebook post of Lebanese-American essayist, scholar, statistician, former trader, and risk analyst Nassim Nicholas Taleb, whose seminal work The Black Swan helped inspire me to start warning others circa Memorial Day Weekend 2007 about coming economic upheaval and eventually a U.S. financial crash

Christopher E. Hill
Survival And Prosperity (www.survivalandprosperity.com)

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Survival And Prosperity
Est. 2010, Chicagoland, USA
Christopher E. Hill, Editor

Successor to Boom2Bust.com
"The Most Hated Blog On Wall Street"
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