Tom Anderson Quotes

The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.

Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count the cost. When the financial crisis of 2008 hit, they could not keep up the monthly mortgage payments and defaulted.

You can look at the state of California, which is on a pathway to destruction because they expanded government too much, thinking that there would always be someone to pay for it.

A government big enough to give you everything you want is a government big enough to take from you everything you have.

Take this question of the payment of taxes which seems uppermost in many people's minds. It is true that you may work twice as hard and that when your income is above a certain amount, you may retain for yourself a much smaller percentage of the fruits of your labor. Perhaps the day will come when the man who is paying a high income tax will say to himself "This is proof of my patriotism. The measures which are supported by this money are what make my country a better place to live in. They insure to me and to my children a greater security under the form of government which I have chosen." We may pay high taxes but if it means that many hard working people have better lives, I am glad to do so. I am entirely in accord with the idea that it is hardly worthwhile to try to give a better way of life to those who will not work and help themselves, but there are many, many people who work hard and for one reason or another have very little return for their labor.

It is true that liberty is not free, nor is it easy. But tyranny - even varying degrees of it - is much more difficult, and much more expensive. The time has come to rein in the federal government, put it on a crash diet, and let the people keep their money and their liberty.

When government gets too big, freedom is lost. Government is supposed to be the servant. But when a government can tax the people with no limit or restraint on what the government can take, then the government has become the master.

The federal government has taken too much tax money from the people, too much authority from the states, and too much liberty with the Constitution.

The immense and ever increasing sums which the state wrings from the people are never enough for it; it mortgages the income of future generations, and steers resolutely toward bankruptcy.

Is there a point of taxation wherein even a Democrat would acknowledge it is thievery by the government?

To paraphrase Hemingway, people go broke slowly and then all at once. We've been slowly going broke for years, but now it's happening all at once as the world's capital markets are demanding action from us, yet Obama assumes we'll just go borrow another cup of sugar from some increasingly impatient neighbor. We cannot knock on anyone's door anymore. And we don't have any time to wait for Washington to start behaving responsibly. We'll be Greece before these D.C. politicians' false promises are over. We must force government to live within its means, just as every business and household does.

If you owe the bank $10,000 you have a problem. If you owe the bank $10,000,000 they have a problem. After all is said and done, more is said than done. Government does not solve problems; it subsidizes them.

A government which lays taxes on the people not required by urgent public necessity and sound public policy is not a protector of liberty, but an instrument of tyranny. It condemns the citizen to servitude.

By today's standards King George III was a very mild tyrant indeed. He taxed his American colonists at a rate of only pennies per annum. His actual impact on their personal lives was trivial. He had arbitrary power over them in law and in principle but in fact it was seldom exercised. If you compare his rule with that of today's U.S. Government you have to wonder why we celebrate our independence.

Under current law, on January 1, 2013, there's going to be a massive fiscal cliff of large spending cuts and tax increases.

On one level, going bust didn't bother me. It was the 80s, and there wasn't the stigma about bankruptcy that you might think. My mates weren't bothered. My dad was in business.. he knew that it happened, too. He loaned me the money to bail me out, and I got a loan from the bank to pay him back.

I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.

The politicians don't just want your money. They want your soul. They want you to be worn down by taxes until you are dependent and helpless.

One thing is clear: The Founding Fathers never intended a nation where citizens would pay nearly half of everything they earn to the government.

Bankruptcies of governments have, on the whole, done less harm to mankind than their ability to raise loans.

The government-sponsored institution Fannie Mae, when I look at its risks, seems to be sitting on a barrel of dynamite, vulnerable to the slightest hiccup. But not to worry: their large staff of scientists deemed these events "unlikely."

The theory of the IRS is rather repugnant to me because the assumption is made that I, the government, owns 100% of your income and I permit you to keep 5%, 10% or 20%. You're vulnerable, you've sold out. The government can take 80% if they want, which they did at one time.

How did we go bankrupt? Two ways. Slowly, and then all of a sudden.

For a generation and more, the government has sought to meet our needs by multiplying its bureaucracy. Washington has taken too much in taxes from Main Street, and Main Street has received too little in return. It is not necessary to centralize power in order to solve our problems.

We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends.