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Quote by Llewellyn Rockwell

“Money out of nothing is money that is eventually worth nothing.”

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Llewellyn Rockwell, born on July 1, 1944, is a renowned author known for his work in the fields of libertarianism and classical liberalism, which has had a profound impact on contemporary politics and society. more

“In selling his scheme, Obama has been promoting the myth that our system is no better than those of other advanced nations. His recent statements have betrayed his openly contemptuous attitude toward American health care and out top-flight medical profession. His attitude is consistent with his revealed general attitude about America, which he denigrates every time he gets a chance, especially on foreign soil.”

Has Beens Care America Nations Chance Attitude Myth Profession Medical Statements Selling Flight Health Care Soil Consistent Schemes Betrayed Promoting Medical Profession Contemptuous

Author:David Limbaugh

“The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.”

Way Believe States Shows Lasts Term Interest Century Amount Increase Financial Obvious Burden Debt Contracts Steady Drag Sooner Or Later Principal Payment Indebtedness

Book:Human Action

Source: Human Action

“It is untrue that some are poor because others are rich. If an order of society in which incomes were equal replaced the capitalist order, everyone would become poorer.”

Ifs Order Poor Rich Equal Income Capitalist Replaced Untrue

Book:Socialism - An Economic and Sociological Analysis: The Economist

Source: Socialism - An Economic and Sociological Analysis: The Economist

“You cannot cover the 50 million new people Obama seeks to cover without more doctors and nurses. But the administration and even the Blue Dogs in the House have proposed nothing to add to the supply of medical services even as they plan vastly to increase the demand by covering new people.”

People House Millions Plans Dog Demand Doctors Increase Blue Add Medical Administration Nurse Covering Doctors And Nurses

Author:Dick Morris

“Capital investment in fixed assets that produce real goods is the actual driver of long term economic growth, and until slick financiers hijacked the country with 'new economy' mumbo-jumbo based on computer models and hype most Americans understood this.”

Long Real Country Growth Term Economy Economic Produce Computer Models Understood Investment Fixed Long Term Goods Drivers Assets Economic Growth Hype Slick Financiers Capital Investment

Author:Richard Karn

“Like so many before him who have ruined countries around the world, Obama has a greatly inflated idea of his own capabilities and the capabilities off what can be accomplished by rhetoric or even by political power.”

World Ideas Country Political Around The World Accomplished Capability Rhetoric Ruined Political Power

Author:Thomas Sowell

“Whatever you subsidize you get more of.”

Author:James Cook

“The state is the only institution entitled to apply coercion and compulsion and to inflict harm upon individuals. This tremendous power cannot be abandoned to the discretion of some men, however competent and clever they may deem themselves. It is necessary to restrict its application. This is the task of the laws.”

Men May States Law Individual Tasks Institutions Harm Clever Application Abandoned Entitled Compulsion Coercion Competent Discretion

Book:Bureaucracy

Source: Bureaucracy

“It is the greatest folly of which a man can be capable to sit down with a slate and pencil to plan out a new social world.”

Men World Social Plans Capable Folly Pencils Slate

Book:Selected Essays of William Graham Sumner

Source: Selected Essays of William Graham Sumner

“Most people are oblivious to F.A. Hayek's insight that the critical information needed to run an economy - or even 15 percent of one - doesn't exist in any one place where it is accessible to central planners. Instead, it is scattered piecemeal among millions of people. All those people put together are far wiser and better informed than Congress could ever be. Only markets - private property, free exchange and the price system - can put this knowledge at the disposal of entrepreneurs and consumers, ensuring the system will serve the people and not just the political class.”

People Running Together Political Class Millions Economy Information Needed Percent Entrepreneur Property Congress Insight Critical Consumers Wiser Private Property Oblivious Planners Hayek

Author:John Stossel

Quote by Llewellyn Rockwell

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