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Great Milton Friedman quote
billpar
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6
11-4-2009 1:42 PM
114 views
tags:
economics
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/072724c4-7f25-40e5-9659-02498111b531/95F27565-8EF7-4C1E-B6B1-60441D0287E1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://smartgirlpolitics.ning.com/group/connecticutsgp/forum/topic/show?id=2488056%3ATopic%3A326401" href="http://smartgirlpolitics.ning.com/group/connecticutsgp/forum/topic/show?id=2488056%3ATopic%3A326401" style="font-size: 11px;">smartgirlpolitics.ning.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartgirlpolitics.ning.com/group/connecticutsgp/forum/topic/show?id=2488056%3ATopic%3A326401"><DIV> How Many Economists Does It Take To Enlighten Screw-ups?</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartgirlpolitics.ning.com/group/connecticutsgp/forum/topic/show?id=2488056%3ATopic%3A326401">“If you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand.”<BR /><DIV> Milton Friedman</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartgirlpolitics.ning.com/group/connecticutsgp/forum/topic/show?id=2488056%3ATopic%3A326401"><DIV> Throughout the 1800’s America witnessed reckless banking that created panic and depressions. Over printing of paper money is an historical misbehavior of American government. The gold standard did not prevent crisis, but it was able to regulate power in the hands of the wrong people. That is not to say monetary abuses never occurred, but the economy and financial system, prior to the Federal Reserve, as a whole, was capable of fixing itself. The creation of the Federal Reserve created a system of abuse and regulatory failure. Now we have a government that continues overspending and excessive borrowing on money it does not have.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://smartgirlpolitics.ning.com/group/connecticutsgp/forum/topic/show?id=2488056%3ATopic%3A326401">Money belongs to those who earn it, and it is the choice of the earner to do as he or she please with the money.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/95F27565-8EF7-4C1E-B6B1-60441D0287E1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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