Institutions of the newer participants in global finance had not been tested, until recently...recent crisis have underscored certain financial structure vulnerabilities that are not readily assuaged in the short run.
We've tended in our cosmologies to make things familiar. Despite all our best efforts, we've not been very inventive. In the West, Heaven is placid and fluffy, and Hell is like the inside of a volcano. In many stories, both realms are governed by dominance hierarchies headed by gods or devils. Monotheists talked about the king of kings. In every culture we imagined something like our own political system running the Universe. Few found the similarity suspicious.
Politics comes and goes, but your principles don't. And everybody wants to be loved -- not everybody. ... You never heard anybody say, 'I want to be despised, I'm running for office.'
It will be good for us in the long run, and I mean there are, you know, six and a half billion people in this world. And it's great for 300 million to keep enjoying more and more property, but I think it's terrific if, you know, the remainder do.
A tremendous stream is flowing toward the ocean, carrying us all along with it; and though like straws and scraps of paper we may at times float aimlessly about, in the long run we are sure to join the Ocean of Life and Bliss.
Scientists make mistakes. Accordingly, it is the job of the scientist to recognize our weakness, to examine the widest range of opinions, to be ruthlessly self-critical. Science is a collective enterprise with the error-correction machinery often running smoothly.
Our investments continue to be few in number and simple in concept: The truly big investment idea can usually be explained in a short paragraph. We like a business with enduring competitive advantages that is run by able and owner-oriented people. When these attributes exist, and when we can make purchases at sensible prices, it is hard to go wrong (a challenge we periodically manage to overcome).
One must console oneself with the thought that time has a sieve through which most of these important things run into the ocean of oblivion and what remains after this selection is often still trite and bad.
But if you love and must needs have desires, let these be your desires: To melt and be like a running brook that sings its melody to the night. To know the pain of too much tenderness. To be wounded by your own understanding of love; And to bleed willingly and joyfully. To wake at dawn with a winged heart and give thanks for another day of loving; To rest at noon hour and meditate love's ecstasy; To return home at eventide with gratitude; And then to sleep with a prayer for the beloved in your heart and a song of praise on your lips.
The next thing I am doing is moving back home to Minnesota and getting involved in politics. I'm looking at a run for Senate in 2008, but in the meantime I am focused on knitting together the progressive network in the upper Midwest.
Eyes are bold as lions,--roving, running, leaping, here and there, far and near. They speak all languages. They wait for no introduction; they are no Englishmen; ask no leave of age or rank; they respect neither property nor riches, neither learning nor power, nor virtue, nor sex, but intrude, and come again, and go through and through you in a moment of time. What inundation of life and thought is discharged from one soul into another through them!
Always obey your parents. When they are present. This is the best policy in the long run. Because if you don't, they will make you. Most parents think they know better than you do, and you can generally make more by humoring that superstition than you can by acting on your own better judgment.
The fact that the infrastructure is falling apart is not necessarily because it's built poorly. The New York City subways were built in 1903. The fact that they're still running at all is an enormous success. The fact that New York City's bridges have held up as long as they have is extraordinary, and the engineers didn't have computers to tell them about tolerance. They overbuilt these things - traffic on them is like an ant on an elephant.
I was the kid growing up who would play with G.I. Joes in a pink dress and then run off to play with my Barbies. It doesn't mean that I'm less girly, it just means that I have this other side of me. It's kinda cool to be a little bit of both, I think.