A Quote by Peter Schiff
There are no checks and balances if the gov is wrong. If a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut; if he bets wrong, he loses; if the gov bets wrong, they just get bigger, they just appropriate more money. It's a bottomless pit, because they either get it from the tax payers or run it off a printing press.
Related Quotes
There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
I was born with the wrong sign
In the wrong house
With the wrong ascendancy
I took the wrong road
That led to
The wrong tendencies
I was in the wrong place
At the wrong time
For the wrong reason
And the wrong rhyme
On the wrong day
Of the wrong week
Used the wrong method
With the wrong technique
Wrong
Wrong.
You can't see the future, there's no such thing. It's all bets. You'll never get the same answer from two seers. But that doesn't mean either of them's wrong.
When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.
Another thing I find extremely eerie is that when people build a house, they almost exactly get it wrong. They don't just get it partly wrong, they get it dead wrong.
I am a big supporter of experiments to complement representative gov't with randomly selected representative bodies of citizens, sure. I think most Americans would be surprised to learn just how much better we are at gov't than our gov't.
I can actually get involved in getting stories off the ground that no one would ask me to be in because I'm the wrong age, the wrong sex, the wrong nationality, or whatever. I've found it quite exhilarating to have that freedom to tell the stories that aren't just about middle-aged white English guys.
I've gotten involved in producing now, so the kinds of things that are more my own choice are more possible in that field because I don't have to be castable. I can actually get involved in getting stories off the ground that no one would ask me to be in because I'm the wrong age, the wrong sex, the wrong nationality, or whatever.
If we can get that realistic feminine morality working for us, if we can trust ourselves and so let women think and feel that an unwanted child or an oversize family is wrong -- not ethically wrong, not against the rules, but morally wrong, all wrong, wrong like a thalidomide birth, wrong like taking a wrong step that will break your neck -- if we can get feminine and human morality out from under the yoke of a dead ethic, then maybe we'll begin to get somewhere on the road that leads to survival.
Just because things get a little dingy at the subatomic level doesn't mean all bets are off.
Before Bin Laden did everything but advertise. Yet he had to blow up the Twin Towers just to get the attention of anyone outside the intelligence community. So what did we do? We invaded the wrong country, killed the wrong madman, and too often used the wrong interrogation techniques on the wrong people-all because our leaders lost contact with the truth.
There's nothing wrong with commercial art. There's nothing wrong with consumer society. There's nothing wrong with advertising. There's nothing wrong with shopping and spending money and being paid. There's nothing wrong with any of these things. These are things we do. I just think it's important to look at them from a different perspective - to see how bizarre and banal these rituals we partake in are. It's just important to think about them, I think, and to carry on. Life is about retrospection, and I think that goes for every facet of life.
He who bets on governments and government money bets against 6,000 years of recorded human history.
With the mistake your life goes in reverse. Now you can see exactly what you did Wrong yesterday and wrong the day before And each mistake leads back to something worse.
The hardest thing is trying not to correct everything on the Internet. It'd be night and day - wrong, wrong, wrong, wrong. So you just have to say, All right, I'll take it, bring it on.
The hardest thing is trying not to correct everything on the Internet. It'd be night and day - wrong, wrong, wrong, wrong. So you just have to say, 'All right, I'll take it, bring it on.'
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