Quote For The Week
Quote For The Week
In the 40 years I’ve been working as an economist and investor, I have never seen such a disconnect between the asset market and the economic reality… Asset markets are in the sky and the economy of the ordinary people is in the dumps, where their real incomes adjusted for inflation are going down and asset markets are going up.
Something will break very bad.
-”Doctor Doom” Marc Faber, Swiss-born investment adviser/fund manager and publisher of the monthly investment newsletter The Gloom Boom & Doom Report, who became famous for advising clients to get out of the U.S. stock market one week before the October 1987 crash and for predicting the 2008 global financial crisis (among other calls), in an interview published on The Globe and Mail (Canada) website on May 8, 2013
Quote For The Week
While I was at my family’s Wisconsin home the other week, I grabbed my April issue of MidWest Outdoors, a monthly magazine that focuses on fishing, hunting, and camping in the Midwest.
From one of my favorite sections, “Short Shots and Small Catches”:
A gun is like a parachute. If you need one, and you don’t have one, you probably won’t ever need one again.
Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quote For The Week
What we’re doing with that dinner, as it has been constituted for the past several years, is saying, ‘We’re Versailles. The rest of you eat cake.’
-Tom Brokaw, American television journalist and author, speaking about the annual White House Correspondents’ Dinner in a recent POLITICO interview
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quotes For The Week
Two for you this week from state lawmakers down South…
I wonder how many Boston liberals spent the night cowering in their homes wishing they had an AR-15 with a hi-capacity magazine. #2A
-Arkansas State Representative Nate Bell (R-Mena), in an April 19 tweet
I am the senator. You are the citizen. You need to be quiet.
-North Carolina State Senator Tommy Tucker (R-Union), to a newspaper publisher at an April 16 public hearing. Senator Tucker disputes the quote.
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quote For The Week
Elections should be held on April 16th- the day after we pay our income taxes. That is one of the few things that might discourage politicians from being big spenders.
-Thomas Sowell (American economist, social theorist, political philosopher and author. 1930- )
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quotes For The Week
A two-fer for you this week:
The affirmative task we have now is to actually create a new world order, because the global order is changing again, and the institutions of the world that worked so well in the post-World War II era for decades, they need to be strengthened, and some need to be changed.
-U.S. Vice President Joe Biden, at last Friday’s annual conference of the Export-Import Bank of the United States
We have never invested as much in public education as we should have, because we’ve always had kind of a private notion of children- your kid is yours and totally your responsibility. We haven’t had a very collective notion of these are our children.
So part of it is we have to break through our kind of private idea that kids belong to their parents, or kids belong to their families, and recognize that kids belong to whole communities.
Once it’s everybody’s responsibility and not just the household’s, then we start making better investments.
-Melissa Harris-Perry, a Tulane political science professor and host of the MSNBC show Melissa Harris-Perry, in a recent MSNBC “Lean Forward” spot
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quote For The Week
Easter says you can put truth in a grave, but it won’t stay there.
-Clarence W. Hall, author
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quote For The Week
I’m not afraid of storms, for I’m learning to sail my ship.
-Aeschylus (Ancient Greek playwright. 525-456 BC)
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quote For The Week
The natural progress of things is for liberty to yeild, and government to gain ground.
-Thomas Jefferson, 3rd U.S. President, in a letter to Edward Carrington, Paris, May 27, 1788. Note Jefferson’s alternative spelling of “yield.”
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
Quote For The Week
It’s hard to completely trust any government that reserves the right to assassinate me (or you) with a robot airplane. So it’s no wonder that many people are skeptical about the government’s economic data.
-Rex Nutting, MarketWatch, March 8, 2013
By Christopher E. Hill, Editor
Survival And Prosperity (www.survivalandprosperity.com)
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