♦ nivek ♦ Posted November 17, 2010 Share Posted November 17, 2010 "Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation."-- Lew Rockwell [Llewellyn H. Rockwell, Jr.] (1944- ) Chairman of the Ludwig von Mises Institute Source: Banks on the Dole, THE FREE MARKET, November 1995. http://quotes.liberty-tree.ca/quote_blog/Lew.Rockwell.Quote.EA15 "For the average family, all these taxes now eat 38 percent of gross income, a higher rate of taxation than ever before in the peacetime history of the United States. By comparison, the typical two-income family in the mid-1950s paid 28 percent of their income for taxes. We’re now at the absurd point where the typical family works until noon of every working day to satisfy the taxman, paying more in taxes than they spend for food, clothing and housing combined." -- Ralph Reiland Prof of Economics Robert Morris College Source: Taxed to Death http://quotes.liberty-tree.ca/quote_blog/Ralph.Reiland.Quote.0415 "Over the 20th century, the federal government has assumed a vast and unprecedented set of powers. Not only has the exercise of those powers upset the balance between federal and state governments; run roughshod over individuals, families, and firms; and reduced economic opportunity for all; but most of what the federal government does today -- to put the point as plainly and candidly as possible -- is illegitimate because done without explicit constitutional authority. The time has come to start returning power to the states and the people, to relimit federal power in our fundamental law, to restore constitutional government." -- Roger Pilon Vice President for Legal Affairs for the Cato Institute Source: Restoring Constitutional Government, Cato's Letter #9, p. 1, published by the Cato Institute (1995). http://quotes.liberty-tree.ca/quote_blog/Roger.Pilon.Quote.9C1F Link to comment Share on other sites More sharing options...
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