April 5, 2009
Relevant Quotes Regarding "Financial Stability Board"
One result of the G20 summit is the formation of a Financial Stability Board. The purpose of the FSB will be to regulate any financial institution -- bank or business -- that poses a "systemic risk" to the global economy. I'm looking for more information, but a layman's description is available here.
Here are a few quotes that cast the FSB in proper light.
The idea that political freedom can be preserved in the absence of economic freedom, and vice versa, is an illusion. Political freedom is the corollary of economic freedom." -- Ludwig Von Mises
If you don't have the right to do something wrong [to yourself], you don't have any rights at all." -- Gene Burns
If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom — go from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen." -- Samuel Adams
In the end, more than they wanted freedom, they wanted security. They wanted a comfortable life, and they lost it all -- security, comfort, and freedom. When ... the freedom they wished for was freedom from responsibility, then Athens ceased to be free." -- Sir Edward Gibbon
The man who would choose security over freedom deserves neither." -- Thomas Jefferson
We've witnessed a fire sale of American liberties at bargain basement prices, in return for the false promise of more security... The America being designed right now won't resemble the America we've been defending... The danger isn't that Big Brother may storm the castle gates. The danger is that Americans don't realize that he is already inside the castle walls." -- Wayne LaPierre
It is not the function of our government to keep the citizen from falling into error; it is the function of the citizen to keep the government from falling into error." -- U.S. Supreme Court in American Communications Association v. Douds
Posted by Richard at April 5, 2009 4:29 PM
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