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“A democracy cannot exist as a permanent form of government. It can only exist until the people discover they can vote themselves largess out of the public treasury. From that moment on, the majority always votes for the canidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy--to be followed by a dictatorship.”
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“The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.”
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“Now, legal plunder may be exercised in an infinite multitude of ways. Hence come an infinite multitude of plans for organization; tariffs, protection, perquisites, gratuities, encouragements, progressive taxation, free public education, right to work, right to profit, right to wages, right to assistance, right to instruments of labor, gratuity of credit, etc., etc. And it is all these plans, taken as a whole, with what they have in common, legal plunder, that takes the name of socialism.”
― The Law
― The Law
Bill’s 2025 Year in Books
Take a look at Bill’s Year in Books, including some fun facts about their reading.
209 books
|
30 friends
11 books
|
353 friends
48 books
|
52 friends
0 books
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19 friends
0 books
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50 friends
0 books
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100 friends
0 books
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2 friends
0 books
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10 friends
More friends…
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