Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.
They had bombed London, whether on purpose or not, and the British people and London especially should know that we could hit back. It would be good for the morale of us all.
I believe in the fundamental truth of all great religions of the world. I believe that they are all God- given and I believe that they were necessary for the people to whom these religions were revealed. And I believe that if only we could all of us read the scriptures of the different faiths from the standpoints of the followers of these faiths, we should find that they were at bottom all one and were all helpful to one another.
As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.
Although a skillful flatterer is a most delightful companion if you have him all to yourself, his taste becomes very doubtful when he takes to complimenting other people.
It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own equities, a diversified group of equities. But people do because they, the lack of confidence. But that's what makes for the attractive prices. If they had their confidence back, they wouldn't be selling at these prices. And believe me, it will come back over time.
I am not a positivist. Positivism states that what cannot be observed does not exist. This conception is scientifically indefensible, for it is impossible to make valid affirmations of what people 'can' or 'cannot' observe. One would have to say 'only what we observe exists,' which is obviously false.
Sometimes one is guided by what they say of themselves, and very frequently by what other people say of them, without giving oneself time to deliberate and judge." -Elinor Dashwood
Mr. Vice President, in all due respect, it is-I'm not sure 80 percent of the people get the death tax. I know this: 100 percent will get it if I'm the president.
It seems madness to say, 'We're worried that they're going to become addicted to marijuana' -- there's no evidence whatever that it's an addictive drug, but even if it were, these people are dying, what are we saving them from?
Many people, improperly, lump together libertarians and the Tea Parties. That's really wrong. Many of the libertarians are physicists, and many of the Tea Party people don't bathe. There's really not much in common there!