Quotes

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek"

"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill

"summum ius summa iniuria" ("More laws, more injustice.") Cicero

As Christopher Hitchens once put it, “The essence of tyranny is not iron law; it is capricious law.”

"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan

"Law is where you buy it." Raymond Chandler

"Why did God make so many damn fools and Democrats?" Clarence Day

"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown

"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"

Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.

Thomas More's definition of government as "a conspiracy of rich men procuring their own commodities under the name and title of a commonwealth.” ~ Winston S. Churchill, A History of the English Speaking Peoples

“Laws are like cobwebs, which may catch small flies, but let wasps and hornets break through.” ~ Jonathon Swift

Friday, March 30, 2012

Imagine that: Rosy prediction for U.S. employment rebound doesn't apply in N.J.

Or any for anything or anywhere else this administration predicted.

Experts: Rosy prediction for U.S. employment rebound doesn't apply in N.J. | NJBIZ
March 29. 2012  By Katie Eder

While research from the Federal Reserve Bank of New York presents a positive outlook for the nation's unemployment rate in 2013, experts in New Jersey said unemployment in the Garden State will stay above federal levels well past that date.

"There's no one industry sector that I see putting the state above the country," said Joel Naroff, president of Naroff Economic Advisors. "Employment in the state will grow only because the national economy is growing, but there won't be anything special in-state to reduce unemployment."

The Fed's speculation that the national unemployment rate will fall to nearly 6 percent from the current 8.3 percent by early 2013 is based on patterns in the unemployment rate from the recovery periods following recessions in 1981 to 1982, 1990 to 1991 and 2001.
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