"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
Thursday, June 23, 2016
Let us hope the Results are True and BREXIT Comes to Pass
Sentiment in markets deteriorated as results from Britain’s referendum showed stronger-than-anticipated support for Brexit across the country, pushing the pound lower with stocks and crude oil amid soaring demand for haven assets.
Sterling sank the most since 2008 as key voting districts came in stronger for the “Leave” campaign than expected in the northeast and parts of Scotland, while support for “Remain” trailed expectations on other districts. Futures on the FTSE 100 Index slid with those on the S&P 500 as stocks from Japan to Taiwan tumbled. The yen rallied more than 2 percent as gold jumped with government debt. Crude sank with industrial metals as Chinese stock futures signaled losses. The euro weakened the most since October.
-go to links-