A government debt is a government claim against personal income and private property - an unpaid tax bill.

To reverse the trend and reduce the role of government in our lives, and thus alleviate the government deficit and inflation pressures, is a giant educational task. The social and economic ideas that gave birth to the transfer system must be discredited and replaced with old values of individual independence and self-reliance. The social philosophy of individual freedom and unhampered private property must again be our guiding light.

Freedom is the quality of being free from the control of regulators and tax collectors. If I want to be free their control, I must not impose controls on others.

A monetary order created and managed by politicians and officials is bound to disappoint.

The gold standard sooner or later will return with the force and inevitability of natural law, for it is the money of freedom and honesty.

Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis.

A 'social justice' society is a conflict which locks beneficiaries and victims alike in a struggle without end. It becomes a society torn apart by resentment over the wealth of capitalists.