Quote of the day—Bob Livingston

Yes, there are winners and losers in capitalism. The winners are those who are honest, industrious, thoughtful, prudent, frugal, responsible, disciplined, and efficient. The losers are those who are shiftless, lazy, imprudent, extravagant, negligent, impractical, and inefficient.

Bob Livingston
May 9, 2016
Socialism is an immoral system
[There are also cases in capitalism where people just get lucky (both bad and good luck). These bad luck situations are what the critics of capitalism typically focus on but bad luck happens in any system. And the “bad luck” examples of socialism are far worse (see Venezuela) than the capitalist examples.

A system with free markets and free minds (capitalism) is not only the most moral system but also has the best overall results. Even with the evidence on display from the last 7+ years of a socialist president that we have openly and thinly veiled socialist candidates for public office let alone serious candidates for U.S. President is mindboggling to me.

I’ve been stockpiling food and precious metals (steel, copper, and lead) in preparation for the end game which I have done all I could to avoid. I’m pretty much all set as best I can now. I think I just need to add some popcorn to my food stores.—Joe]

3 thoughts on “Quote of the day—Bob Livingston

  1. Add some silver and gold to that cache.

    The looming crisis will eventually end. During the depth of the Weimar hyperinflation, an entire block of downtown Berlin was purchased for 28 ounces of gold.

  2. “… people just get lucky …”

    “Luck is when preparation meets opportunity.” — Seneca the Younger

  3. “In my experience, there’s no such thing as luck.” –Obi-Wan Kenobi.

    Honestly, luck is worthless unless you are prepared and able to take advantage of the opportunity which has landed in front of you. Sure, people might invoke ‘luck’ after the fact, but what good would it be if you were unprepared?

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