Saturday, October 25, 2008

Random quotes from the past

I came across a couple of quotes that really ring true... even though they were from many years ago.

One of the methods used by statists to destroy capitalism consists in establishing controls that tie a given industry hand and foot, making it unable to solve its problems, then declaring that freedom has failed and stronger controls are necessary. —Ayn Rand, 1975

Sound familiar?

What about this one:
The excess credit which the Fed pumped into the economy spilled over into the stock market--triggering a fantastic speculative boom. —Alan Greenspan on the cause of the Great Depression

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