Someone sent me this.
GREAT TRUTHS
1. In my many years I have come to a
conclusion that one useless man
is a shame, two is a law firm,
and three or more is a congress.
-- John Adams

3. Suppose you were an idiot. And
suppose you were a member of
Congress. But then I repeat
myself. -- Mark Twain

4. I contend that for a nation to try to
tax itself into prosperity is like a
man standing in a bucket and
trying to lift himself up by the
handle. --Winston Churchill

5. A government which robs Peter to
pay Paul can always depend on
the support of Paul. -- George
Bernard Shaw

6. A liberal is someone who feels a
great debt to his fellow man,
which debt he proposes to pay off
with your money. -- G. Gordon
Liddy

7. Democracy must be something
more than two wolves and a sheep
voting on what to have for
dinner. --James Bovard, Civil
Libertarian (1994)

8. Foreign aid might be defined as a
transfer of money from poor
people in rich countries to rich
people in poor countries.
-- Douglas Case,
Classmate of Bill Clinton at Georgetown University.

9. Giving money and power to
government is like giving whiskey
and car keys to teenage boys.
-- P.J. O'Rourke, Civil Libertarian

10. Government is the great fiction,
through which everybody
endeavors to live at the expense
of everybody else. -- Frederic
Bastiat, French economist(1801-1850)

11. Government's view of the
economy could be summed up
in a few short phrases: If it
moves, tax it. If it keeps
moving, regulate it. And if it
stops moving, subsidize it.
--Ronald Reagan (1986)

12. I don't make jokes. I just watch
the government and report the
facts. -- Will Rogers

13. If you think health care is
expensive now, wait until you
see what it costs when it's free!
-- P. J. O'Rourke

14. In general, the art of government
consists of taking as much
money as possible from one
party of the citizens to give to
the other. --Voltaire (1764)

15. Just because you do not take an
interest in politics doesn't mean
politics won't take an interest
in you! -- Pericles (430 B.C.)

16. No man's life, liberty, or
property is safe while the
legislature is in session.
-- Mark Twain (1866)

17. Talk is cheap, except when
Congress does it. -- Anonymous

18. The government is like a baby's
alimentary canal, with a happy
appetite at one end and no
responsibility at the other.
-- Ronald Reagan

19. The inherent vice of capitalism is
the unequal sharing of the
blessings. The inherent blessing
of socialism is the equal sharing
of misery. -- Winston Churchill

20. The only difference between a
tax man and a taxidermist is that
the taxidermist leaves the skin.
-- Mark Twain

21. The ultimate result of shielding
men from the effects of folly is
to fill the world with fools.
-- Herbert Spencer, English
Philosopher (1820-1903)

22. There is no distinctly Native
American criminal class, save
Congress. -- Mark Twain

23. What this country needs are
more unemployed politicians
--Edward Langley, Artist (1928-1995)

24. A government big enough to give
you everything you want, is
strong enough to take everything
you have. -- Thomas Jefferson

25. We hang the petty thieves and
appoint the great ones to public
office. -- Aesop

FIVE BEST SENTENCES
1. You cannot legislate the poor into
prosperity, by legislating the
wealthy out of prosperity.

2. What one person receives without
working for, another person must
work for without receiving.

3. The government cannot give to
anybody anything that the
government does not first take
from somebody else.

4. You cannot multiply wealth by
dividing it.

5. When half of the people get the
idea that they do not have to
work, because the other half is
going to take care of them, and
when the other half gets the idea
that it does no good to work
because somebody else is going to
get what they work for, that is the
beginning of the end of any nation!

On Sun, 19 Jan 2014 09:10:19 +0000, harryagain wrote:

Reading this and being struck by the truth of these pithy axioms, it
reminds me how we've become accustomed to being lied to and just hardly
ever realise the deception half the time.

The problem is worse than that, many of those lying are doing it in good
faith as they don't understand what the implications are.

I mean Quantitive easing? Its obvious to me that if you print money, you
eventually have to back it up with something of value, like work or gold or
whatever, otherwise all you are doing is devaluing the currency. I never
understood that phrase. It was far more obvious when Harold Wilson said,
quite rightly we have to devalue the pound. Call it what it is.
Brian

--
From the Sofa of Brian Gaff Reply address is active
"Cursitor Doom" wrote in message
...
On Sun, 19 Jan 2014 09:10:19 +0000, harryagain wrote:

Reading this and being struck by the truth of these pithy axioms, it
reminds me how we've become accustomed to being lied to and just hardly
ever realise the deception half the time.

Brian Gaff wrote:

Quantitive easing? Its obvious to me that if you print money, you
eventually have to back it up with something of value, like work or gold or
whatever, otherwise all you are doing is devaluing the currency. I never
understood that phrase.

It's a way of reducing the value of money without using inflation.
Many indexes are inflation-linked, so in order for them not to
benefit, another method of devaluing the currency had to be found.

QE lowers interest rates while boosting the value of assets belonging
to the banks chosen for the QE money. Banks benefit (their assets are
increased in value), Governments benefit (their debt interest
repayments fall), and the people with saving lose because interest
rates fall below inflation.

A cruder way is to confiscate money from savings accounts.

--
Terry Fields

On 20/01/14 09:18, Terry Fields wrote:
Brian Gaff wrote:

Quantitive easing? Its obvious to me that if you print money, you
eventually have to back it up with something of value, like work or gold or
whatever, otherwise all you are doing is devaluing the currency. I never
understood that phrase.

It's a way of reducing the value of money without using inflation.
Many indexes are inflation-linked, so in order for them not to
benefit, another method of devaluing the currency had to be found.

QE lowers interest rates while boosting the value of assets belonging
to the banks chosen for the QE money. Banks benefit (their assets are
increased in value), Governments benefit (their debt interest
repayments fall), and the people with saving lose because interest
rates fall below inflation.

A cruder way is to confiscate money from savings accounts.

and why they are desperate to avoid deflation.

Deflation would put money back into savers hands, and make debts un
payable, ever.



--
Ineptocracy

(in-ep-toc-ra-cy) €“ a system of government where the least capable to
lead are elected by the least capable of producing, and where the
members of society least likely to sustain themselves or succeed, are
rewarded with goods and services paid for by the confiscated wealth of a
diminishing number of producers.

Cursitor Doom wrote:
On Sun, 19 Jan 2014 09:10:19 +0000, harryagain wrote:

Reading this and being struck by the truth of these pithy axioms, it
reminds me how we've become accustomed to being lied to and just hardly
ever realise the deception half the time.

And it's not just the government. The same applies to the press and to
many corporations.

--
Mike Barnes

On 19/01/14 20:13, Huge wrote:
On 2014-01-19, Mike Barnes wrote:
Cursitor Doom wrote:
On Sun, 19 Jan 2014 09:10:19 +0000, harryagain wrote:

Reading this and being struck by the truth of these pithy axioms, it
reminds me how we've become accustomed to being lied to and just hardly
ever realise the deception half the time.

And it's not just the government. The same applies to the press and to
many corporations.

Hear, hear.

a general rule is that if someone's paid to say it, they are lying.






--
Ineptocracy

(in-ep-toc-ra-cy) €“ a system of government where the least capable to
lead are elected by the least capable of producing, and where the
members of society least likely to sustain themselves or succeed, are
rewarded with goods and services paid for by the confiscated wealth of a
diminishing number of producers.