Background Image
No major institution in the us has so poor a record of performance over so long a period as the federal reserve, yet so high a public reputation.
-Milton Friedman
Please Wait....
Translating....

No Major Institution In The Us Has

Milton Friedman
No major institution in the us has so poor a record of performance over so long a period as the federal reserve, yet so high a public reputation.
Views: 2
Cite this Page
Prevent plagiarism by providing proper attribution.
APA FORMAT
Embed this Quote
Copy this HTML code to embed the quote on your website or blog.
HTML CODE
Topic
Long Records Reputation

More From Milton Friedman

I'm even stunned at some of the majors you can get in college these days. like you can major in the mating habits of the australian rabbit bat, major in leisure studies... okay, get a journalism major. okay, education major, journalism major. right. philosophy major, right. archeology major. i don't know, whatever it is. major in ballroom dance, of course. it doesn't replace work. how about a major in film studies? how about a major in black studies? how about a major in women studies? how about a major in home ec? oops, sorry! no such thing.
Sorry Philosophy Home
We own the federal reserve. there is this misconception that the federal reserve is some private entity. but if i might give an analogy here, we - u.s. taxpayers - own all the stock in the federal reserve.
Giving Analogies Might
When you live in a poor neighborhood, you are living in an area where you have poor schools. when you have poor schools, you have poor teachers. when you have poor teachers, you get a poor education. when you get a poor education, you can only work in a poor-paying job. and that poor-paying job enables you to live again in a poor neighborhood. so, it's a very vicious cycle.
Teacher Jobs School
The proposed constitution, therefore, even when tested by the rules laid down by its antagonists, is, in strictness, neither a national nor a federal constitution; but a composition of both. in its foundation it is federal, not national; in the sources from which the ordinary powers of the government are drawn, it is partly federal, and partly national; in the operation of these powers, it is national, not federal; in the extent of them again, it is federal, not national; and finally, in the authoritative mode of introducing amendments, it is neither wholly federal, nor wholly national.
Government Foundation Ordinary
If we stuck to the constitution as written, we would have: no federal meddling in our schools; no federal reserve; no u.s. membership in the un; no gun control; and no foreign aid. we would have no welfare for big corporations, or the "poor"; no american troops in 100 foreign countries; no nafta, gat, or "fast-track"; no arrogant federal judges usurping states rights; no attacks on private property; no income tax. we could get rid of most of the agencies, and most of the budget. the government would be small, frugal, and limited.
Country School Gun
Your ancestors fought for you to have a share in that institution over there. it's yours. see the school board, and every friday night hold your meetings there. have your wives clean it up saturday morning for the children to enter monday. your organization is not a praying institution. it's a fighting institution. it's an educational institution along industrial lines. pray for the dead and fight like hell for the living!
Friday Monday Morning
Similar Quotes
All my days are themed. monday is managementtuesday is product, engineering, and design. wednesday is marketing, growth, and communications. thursday is partnership and developers. friday is company and cultureon the days beginning with t, i start at twitter in the morning, then go to square in the afternoon. sundays are for strategysaturday is a day off.
Friday Monday Morning
Every friday i used to have about fifty, sixty kids who would wait for me on sunset boulevard and i'd take them all to dinner. all runaways.
Friday Sunset Kids
Pink friday is a celebration of my life at this moment; it is a reflection of me as a creator, and an expression of me as a woman.
Friday Reflection Expression
Painting completed my life.
Art Happy Friday Artist

Trending Author

Lewis Carroll
Lewis Carroll
Andrea Arnold
Andrea Arnold
Mark Hoppus
Mark Hoppus
William Labov
William Labov
Amy Klobuchar
Amy Klobuchar
Thomas Merton
Thomas Merton
Category
Information
Inspirational
Philosophy
Personal Growth
Happiness & Joy
Life Lessons
Success & Business
Motivation