If there is one thing that marks families with money in the long term it is this: delayed gratification.
Bill BonnerNorman Rockwell spent his career painting pictures that helped people understand their own feelings...pictures that enriched their own experiences and celebrated their own lives. But the art establishment branded him an 'illustrator', a sentimental one at that. Real artists, they said were doing art for art's sake, not for the sake of the bourgeois public. Real artists were putting swiggles, smears or daubs of paint on the canvas. They were doing 'innovative' and 'creative' work. If they were hideous and grotesque; we know that's what life really is!
Bill BonnerNone of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.
Bill BonnerNeither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. Itโs the lack of limits they canโt handle. Thatโs when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.
Bill BonnerRemember, government is not an enlightened organization designed to promote public welfare. It is barbaric, uncivilized forceโฆmilitary and police power put to the service of the insiders who control it. Yes, there are constraints on the way the insiders use their power. There are โchecks and balances,โ built into the constitution, for example. And there are cultural norms and traditional prohibitions. But eventually, the norms and traditions wear off, like painkillers. And then, the pain of raw government begins again.
Bill Bonner