“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.”

Authors@Google: Peter Schiff (2009)

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Peter D. Schiff40

American entrepreneur, economist and author 1963

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“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.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Authors@Google: Peter Schiff (2009)

“To cut off the confusion and accept an answer just because it's too scary not to have an answer is a good way to get the wrong answer.”

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“Just because things get a little dingy at the subatomic level doesn't mean all bets are off.”

Murray Gell-Mann (1929–2019) American physicist

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“That is a widespread myth, that it is possible to spend money with nobody paying for it. You have everybody screaming that we ought to have new, bigger, more generous government programs. Where are we going to raise the money? Tax business. But business corporations can’t pay any taxes. A corporate executive may sign the check, but where does he get the money? From his stockholders or from his customers or from his employees. Unlike the federal government, he doesn’t have a printing press in his basement. So the only way he can pay money to the government is imposing a burden on somebody. Government cannot spend money at nobody’s expense.”

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“A man who works for another is not going to be paid any more than he is worth; you can bet on that. A man ought to get what he can earn. Don't make any difference whether it's running a farm, running a bank or running a show; a man who knows he's making money for other people ought to get some of the profits he brings in. It's business, I tell you. There ain't no sentiment to it. Forget that stuff.”

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“It may be possible to get this condition from within Perl if a signal handler runs at just the wrong moment. Another point for Chip…”

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“Islam is wrong! It is a heresy from the pit of Hell. Mormonism is wrong! It is a heresy from the pit of Hell.”

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“An ordinary archer practices until he gets it right. A ranger practices until he never gets it wrong.”

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Peter D. Schiff40

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