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John Quincy
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Friday, 17 July 2009 08:07 |
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4 July, 1821
And now, friends and countrymen, if the wise and learned philosophers of the elder world, the first observers of nutation and aberration, the discoverers of maddening ether and invisible planets, the inventors of Congreve rockets and Shrapnel shells, should find their hearts disposed to enquire what has America done for the benefit of mankind?
Let our answer be this: America, with the same voice which spoke herself into existence as a nation, proclaimed to mankind the inextinguishable rights of human nature, and the only lawful foundations of government. America, in the assembly of nations, since her admission among them, has invariably, though often fruitlessly, held forth to them the hand of honest friendship, of equal freedom, of generous reciprocity.
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Dale Steinreich
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Friday, 17 July 2009 08:00 |
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Mises Daily
On June 28, 1934, Franklin Delano Roosevelt signed into law the National Housing Act (NHA) of 1934. Hugh Potter, president of the National Association of Real Estate Boards (NAREB) called it "the most fundamental legislation … ever enacted affecting real estate and home ownership." While federal intervention in housing had begun in 1932 under the supposedly laissez-faire Hoover, Potter's assessment was correct in the sense that the act broke new ground in terms of the range of public-private collaboration — and the unintended destructive consequences of such.
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David Galland
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Thursday, 16 July 2009 08:13 |
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Gerald Celente
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Thursday, 16 July 2009 08:07 |
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The Trends Research Institute
KINGSTON, NY -- Vice President Joseph Biden's admission that the Obama Administration's economic recovery plan was predicated on egregiously inaccurate forecasts consigns the entire effort to failure, predicts Gerald Celente.
"The plan is based upon false premises," said Celente, Director of The Trends Research Institute, referring to White House projections used to sell the stimulus package to the nation. To make their case, Washington warned that without the Obama stimulus, unemployment, then at 7.2 percent, would rise above 8 percent in 2009 and peak at 9 percent in 2010.
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Michael Lewis
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Wednesday, 15 July 2009 11:21 |
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