A Quote by Florence Luscomb
Behind the screen of the ballot, the real holders of power ... are the great industrial and monetary monopolies who own our national economic life.
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Liberalism teaches those who have fallen behind in the economic scramble to blame others for their failure. This attitude stimulates juices of resentment and deprives its holders of the power to change their condition.
The political objective of universal capitalism is maximum individual autonomy, the separation of political power wielded by the holders of public office from economic power held by citizens, and the broad diffusion of privately owned economic power.
We have power... Our power isn’t in a political system, or a religious system, or in an economic system, or in a military system; these are authoritarian systems... they have power... but it’s not reality. The power of our intelligence, individually or collectively IS the power; this is the power that any industrial ruling class truly fears: clear coherent human beings.
Without education, we are weaker economically. Without economic power, we are weaker in terms of national security. No great military power has ever remained so without great economic power.
Like many things in our national life, we miscalculated. We overestimated our ability to control events, which is one of the great dangers of a great power. Power tends to be a substitute for judgment and wisdom.
The first principle of economic symmetry: building the economic power to consume simultaneously with the industrial power to produce.
All of the government's monetary, economic and political power, as well as its extensive propaganda machinery, will be enlisted in a constant battle to drive down the price of gold - but in the absence of any fundamental change in the nation's monetary, fiscal, and economic direction, simply regard any major retreat in the price of gold as an unexpected buying opportunity.
That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them.
A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.
The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.
Through our own creative experience we came to know that the real tradition in art is not housed only in museums and art galleries and in great works of art; it is innate in us and can be galvanized into activity by the power of creative endeavour in our own day, and in our own country, by our own creative individuals in the arts.
I am shocked that Republicans can't explain why our technological and economic advantages are the result of sound monetary and economic policy.
We want to see women in more power positions, not just in front of the screen but behind the screen as well.
Is the United States going to decide, are the people of this country going to decide that their Federal Government shall in the future have no right under any implied power or any court-approved power to enter into a solution of a national economic problem, but that that national economic problem must be decided only by the States?... We thought we were solving it, and now it has been thrown right straight in our faces. We have been relegated to the horse-and-buggy definition of interstate commerce.
We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down.
A strengthened national spirit can provide the motive power to rise our people from the depths and... pour new life and vigor in the national system.
The reinvigoration of the national spirit must take place in the grass roots, in every city, town and barrio in the Philippines, and it must start among our own people... To be a worthy citizen of the world one must first prove himself to be a good Filipino.
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