by Peter Schiff, Schiff Gold:

When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world.

That’s socialism in a nutshell.

The Pilgrims found this out the hard way during their first couple of years in North America. Their experiment in socialism turned out deadly.

Turns out, you can’t just ignore economics and human nature.