Jubilee Prosperity

The democracy will cease to exist when you take away from those who are willing to work and give to those who would not.

I think myself that we have more machinery of government than is necessary, too many parasites living on the labor of the industrious.

I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it.

Experience hath shewn, that even under the best forms (of government) those entrusted with power have, in time, and by slow operations, perverted it into tyranny.

If once the people become inattentive to the public affairs, you and I, and Congress and Assemblies, Judges and Governors, shall all become wolves. It seems to be the law of our general nature, in spite of individual exceptions.

Laws that forbid the carrying of arms…disarm only those who are neither inclined nor determined to commit crimes. Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than prevent homicides, for an unarmed man may be attacked with greater confidence than an armed one.

The spirit of resistance to government is so valuable on certain occasions that I wish it to be always kept alive.

Was the government to prescribe to us our medicine and diet, our bodies would be in such keeping as our souls are now.

In the illuminated spirit of Jeffersonian liberty, we may better understand the portent’s of yesterday’s electoral insights.

First, as posted here for some time, the overvalued markets were not likely to rally after the election as widely predicted by pundits.

In fact, as this is written, the stock markets are seeing their biggest declines since last Fall, some 200 points on the Dow and -3% in the case of China.

A cascade in overhyped SuperPhone technology stocks and commodities like gold and silver is not out of the question.

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This entry was posted on Wednesday, January 20th, 2010 at 5:00 pm and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.