state government quotes

I know the Federal Reserve Bank can continue to print more and more money… but city and state governments cannot.

From the late 1940s, into and through the ’50s, there developed a complex interaction between federal government, state and local government, real-estate interests, commercial interests and court decisions, which had the effect of undermining the mass transit system across the country.

The operations of the federal government will be most extensive and important in times of war and danger; those of the state governments, in times of peace and security.