“I was raising the question on the side with Governor Mullins of what would happen if the Treasury sold a little gold in this market.”

The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.

The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…

I’m always amazed that my wife can handle different subjects – one day politics, the next day foreign policy.

Rules cannot take the place of character.

If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.

Fiat money in extremis is accepted by nobody. Gold is always accepted.

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more

If I say something which you understand fully in this regard, I probably made a mistake.

Market financed withdrawals of home equity in recent years.

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

He who attempts to control another is a governor, an aggressor, an invader; and the nature of such invasion is not changed, whether it is made by one man upon another man,

I would not then come to Governor Harrison to ask him to tear up the treaty, and to obliterate the landmark, but I would say to him, “Sir, you have the liberty to return to your own country.”

Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.

I pray to God. I don’t pray to the president, the governor, the mayor, no black caucus, no this and that. I pray to God, and that’s the end of it.

I wanted to say to Governor Dean, don’t be hard on yourself about hooting and hollering.

As I ran for president, I hoped that one child would come out of the ghetto like I did, could look at me walk across the stage with governors and senators and know they didn’t have to be a drug dealer.

Force and right are the governors of this world; force till right is ready.