1. The world is a dangerous place to live — not because of the people who are evil but because of the people who don't do anything about it. — Albert Einstein

2. The quickest way of ending a war is to lose it. — George Orwell

3. History teaches that war begins when governments believe the price of aggression is cheap. — Ronald Reagan

4. The terror most people are concerned with is the IRS. — Malcolm Forbes

5. There is nothing so incompetent, ineffective, arrogant, expensive, and wasteful as an unreasonable, unaccountable, and unrepentant government monopoly. — A Patriot

6. Visualize World Peace — Through Firepower!

7. Nothing says sincerity like a Carrier Strike Group and a U.S. Marine Air-Ground Task Force.

8. One cannot be reasoned out of a position that he has not first been reasoned into.

2009-12-02

U.S. Economic Decline


The GMO Quarterly Letter (2009 October) by Jeremy Grantham titled Just Deserts and Markets Being Silly Again is an extremely informed comment on the current U.S. economic situation. It identifies the causes for the coming economic decline that the incompetence of the current Washington administration has guaranteed. Additionally, the letter concludes with a Special Topic report titled Lesson Not Learned: On Redesigning Our Current Financial System. The Special Topic report is extremely prescient and worth reading in detail. Both reports are detailed and somewhat lengthy --- consequently, not for the faint of heart.
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