Tag: “Quote of the Day” Series

Quote of the Day: The Economy and Government Mismanagement


“The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy.” – Milton Friedman

We are going to see a repeat of this over the next year or two.  We are headed for recession, and possibly depression (although no one will call it that) even if the Republicans take over control of both houses of Congress next year. Part of that is due to existing inflation. But an even larger part will be due to government mismanagement.

Quote of the Day: A College Degree


“In the end, a college degree is either valuable or it isn’t. If it’s valuable, it will pay for itself. If it’s not valuable, no one should pay for it. Either way, there’s no reason for the government to be involved in higher education. The more involved it does get, the worse the problem becomes.” — Antony Davies

If one could graph the decline of the institutes of higher education in this country, it would follow a curve inverse to the level of government involvement in academia. I am not talking about the 19th-century land grant schools created by the Morell Act. Yes, state and federal governments established colleges and funded them over the next 100 years, but it was a period of benign neglect. The government pretty well let the institutions run themselves.

Quote of the Day: Longevity


“If you’re starting a new job today and intend to match Queen Elizabeth’s work longevity you’ll have to keep working there through April 11, 2093.” – Keith Olbermann

Yes, I am quoting Keith Olbermann. On Ricochet. But sometimes even the worst man in the world has a valid point, one worth hearing. Even a blind hog finds an acorn now and then. This is one such time.

We Saw Her. We Believed. And Now She’s Gone


“I have to be seen to be believed”–Queen Elizabeth II

The only British monarch of my lifetime died today.  She was crowned in June 1953, slightly more than a year before I was born.  I was named after her, “Elizabeth,” and–for my middle name–after my grandmother who was to die when I was only a few months old, “Louise.”  When I was very young, Elizabeth’s face was everywhere–on coronation memorabilia: teacups, tea towels, teapots (I’m sensing a theme here), biscuit tins, plates, spoons, lapel pins, souvenir medallions and plaques.  On  stamps, money, postboxes. In the garden (the glorious pink Queen Elizabeth rose was introduced in 1954).

And in government offices, in Dad’s office, in portraits on the wall.

Quote of the Day: Inflation


“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” — Ronald Reagan

I graduated from college and began my career in 1979. Inflation had been out of control since the first oil shock in 1973. Jerry Ford, despite a well-intentioned attempt to Whip Inflation Now, had not.

Quote of the Day: Speculation and Facts


“Speculation must wait upon the facts.” — June Downey, psychologist

June Downey was an American psychologist who worked in the areas of personality and handwriting. But that’s not important right now. What is important is that I ran across this quotation and really have a bone to pick with it. Of course, the quotation was totally out of context, so it may not mean the same thing in context, and I may make a fool of myself. Nevertheless, come have a seat and hold my beer. In fact, you can drink the beer. I never touch the stuff.

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“Time and Tide wait for no man.”                          –  Geoffrey Chaucer If you’ve been waiting to do a Quote of the Day (QOTD) post, here’s your chance to claim a date on the September QOTD Signup Sheet. A high percentage of QOTD posts get promoted, […]

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Since this is an era when many people are concerned about ‘fairness’ and ‘social justice,’ what is your ‘fair share’ of what someone else has worked for? – Thomas Sowell A question especially valid this week, when Biden announced a massive transfer of wealth from the working class to the upper class, in the form […]

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Quote of the Day: Planting the Almond Tree


“Look, one day I had gone to a little village. An old grandfather of ninety was busy planting an almond tree. ‘What, grandfather!’ I exclaimed. ‘Planting an almond tree?’ And he, bent as he was, turned around and said: ‘My son, I carry on as if I should never die.’ I replied: ‘And I carry on as if I was going to die any minute.’” – Nikos Kazantzakis, Zorba the Greek

These are troubled times. We have had several threads here on Ricochet wondering whether the United States will dissolve into chaos in the next year or the one after that. I have been seeing those kinds of conversations on other blogs I frequent. And yes, I believe it could happen, and have written about getting prepared.

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“We may, for the sake of argument, admit the militarist thesis that man is endowed with an innate instinct to fight and to destroy. However, it is not these instincts and primitive impulses that are the characteristic features of man. Man’s eminence lies in his reason and in the power to think, which distinguishes him […]

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Quote of the Day: Taxpayers


“The taxpayer – that’s someone who works for the federal government but doesn’t have to take the civil service examination.” – Ronald Reagan

With the almost-certain passage of the Manchin-Schumer Bill, it appears they are raising our taxes again. But don’t worry, the new taxes will only be paid by people making more than $400,000 annually and corporations. Except it does not work that way. Those making more than $400K each year generally got there because they are smart. They will hire accountants and tax preparers to find ways to shelter that money and make less than $400K/year. As for corporations? They will pass the costs of the extra taxes to their customers in the form of increased prices. That results in inflation.

Quote of the Day: Maria Mitchell on the Great Danger of Student Life


“There is this great danger in student life. Now, we rest all upon what Socrates said, or what Copernicus taught; how can we dispute authority which has come down to us, all established, for ages? We must at least question it; we cannot accept anything as granted, beyond the first mathematical formulae. Question everything else.” — Maria Mitchell

Maria (pronounced in the proper English way after the Great Vowel Shift with a long-I sound, not the foreign European way we generally do now) Mitchell was an astronomer and astronomy professor in the middle to late Nineteenth Century. Back in her day, the students were at least learning Socrates and Copernicus and Aristotle. (How many teeth do women have, Aristotle? Have you tried asking a few to open their mouths to let you count?) Now, the students learn nonsense and pay coming and going for the pleasure, but how many of their professors would suggest they question what they are being taught?

Quote of the Day: Corruption


“The problem is not that the system has become corrupt, but that corruption has become the system.” – Joe Mannix

Today, over 60% of Americans view the Federal government as corrupt.  That is up from 44% in 2017, a dramatic rise. We see plenty of evidence of it every day; a two-tiered justice system, laws and government handouts that favor a small elite, casual disregard of statute law by federal officials. Even on local levels, it has become endemic.  No one is held responsible for rising crime in our big cities. Even in small-town America, accountability seems absent. Not one person has been fired over the screwups in Uvalde that led to the death of 19 children. Corruption has become the system.

Quote of the Day: A Sense of Humor


“A person without a sense of humor is like a wagon without springs. It’s jolted by every pebble on the road.” — Henry Ward Beecher

Humorlessness really defines the Woke folk.  Beecher had the right of it. They are jolted by every pebble on the road. They cannot take a joke, nor can they allow others to tell jokes. Comedians have become their main target. Permissible jokes have become so circumscribed that those permitted really are not funny. Humor approved by the Soviet Board of Censors falls flat.

Quote of the Day: Going Too Far


Only those who will risk going too far can possibly find out how far one can go. – T. S. Eliot

Today is the 53rd anniversary of the launch of Apollo 11, the first manned mission to land on the Moon. It was one of this nation’s greatest accomplishments. I watched the launch on my 14th birthday. Four days later, at a church picnic, I was one of scores of attendees who were ignoring a beautiful July summer day in Michigan to huddle around fuzzy portable televisions to watch the Moon landing. Unless you were there, you cannot imagine the impact that made.

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  Going into debt to create long-term investments makes as much sense for the government as for a private individual’s borrowing more than his annual income to buy a house. By the same token, people who borrow more than their annual income to pay for lavish entertainment this year are simply living beyond their means […]

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Quote of the Day: Golden Eggs


“In short, killing the goose that lays the golden egg is a viable political strategy, so long as the goose does not die before the next election and no one traces the politicians’ fingerprints on the murder weapon.” – Thomas Sowell

Sowell wrote this many years ago — in the 1990s as I recall.  The goose was still alive. Now? If not dead, it is dying. If it is not dead by November, it will be soon afterward. The ordered, safe life we have enjoyed since the fall of the Soviet Union is coming to a close.

Quote of the Day: The Great Anniversary Festival


The Second Day of July 1776, will be the most memorable Epocha, in the History of America.

I am apt to believe that it will be celebrated, by succeeding Generations, as the great anniversary Festival. It ought to be commemorated, as the Day of Deliverance by solemn Acts of Devotion to God Almighty. It ought to be solemnized with Pomp and Parade, with Shews, Games, Sports, Guns, Bells, Bonfires and Illuminations from one End of this Continent to the other from this Time forward forever more.