“Europe in its infinite wisdom decided to deal with this bankruptcy by loading the largest loan in human history on the weakest of shoulders … What we’ve been having ever since is a kind of fiscal waterboarding that has turned this nation into a debt colony.”

“Actual history occurs, so the speak, on credit; only subsequent development will decide retroactively if the current revolutionary violence will be forgiven, legitimated, or if it will continue to exert a pressure on the shoulders of the present generation as its guilt, as its unsettled debt.”

“Reckless people have deluded themselves that this was a subprime crisis. But we have problems with credit-card debt, student-loan debt, auto loans, commercial real estate loans, home-equity loans, corporate debt and loans that financed leveraged buyouts… We have a subprime financial system, not a subprime mortgage market.”

“But inasmuch as that light is loaned,
insofar as we’ve borrowed bones,
must every debt now be repaid
in star-spotted, sickle-winged night raids”

“Ayn Rand helped make the United States into one of the most uncaring nations in the industrialized world, a neo-Dickensian society where healthcare is only for those who can afford it, and where young people are coerced into huge student-loan debt that cannot be discharged in bankruptcy.”

“The national debt has given rise to joint stock companies, to dealings in negotiable effects of all kinds, and to agiotage, in a word to stock-exchange gambling and the modern bankocracy.”

“All the history of human life has been a struggle between wisdom and stupidity.”

“The West is dying. Its nations have ceased to reproduce, and their populations have stopped growing and begun to shrink. Not since the Black Death carried off a third of Europe in the fourteenth century has there been a graver threat to the survival of Western civilization.”

“War has been with us ever since the dawn of civilization. Nothing has been more constant in history than war.”

“Europe has its history, often tragic, though at intervals consoling. But to speak of any universally recognized national rights or that these rights have played any part in its history, is to play with the powers of public credulity. Always the first duty of a state has been its safety; the pledge of its safety, its power; and the limits of its power, that intelligence of which each has been made the depository. When the great powers have proclaimed any other principle, it has been only for their own purposes, and the smaller powers have never received any benefit from it.”