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.
Each man has his own vocation. The talent is the call. There is one direction in which all space is open to him. He has faculties silently inviting him thither to endless exertion. He is like a ship in the river; he runs against obstructions on every side but one; on that side all obstruction is taken away, and he sweeps serenely over a deepening channel into an infinite sea.
And what has come to prevail in democracies is the very reverse of beneficial, in those, that is, which are regarded as the most democratically run. The reason for this lies in the failure properly to define liberty. For there are two marks by which democracy is thought to be defined: "sovereignty of the majority" and "liberty." "Just" is equated with what is equal, and the decision of the majority as to what is equal is regarded as sovereign; and liberty is seen in terms of doing what one wants.
The same stream of life that runs through my veins night and day runs through the world and dances in rhythmic measures. It is the same life that shoots in joy through the dust of the earth in numberless blades of grass and breaks into tumultuous waves of leaves and flowers.
Is it not true that the clever rogue is like the runner who runs well for the first half of the course, but flags before reaching the goal: he is quick off the mark, but ends in disgrace and slinks away crestfallen and uncrowned. The crown is the prize of the really good runner who perseveres to the end.
I think that sometimes the Democrats have to run upstream or swim upstream because we've got the Republicans making it out as if we don't care about these things, and we should be able to engage and be willing to engage in the discussion about morality and values.
We fetch fire and water, run about all day among the shops and markets, and get our clothes and shoes made and mended, and are thevictims of these details, and once in a fortnight we arrive perhaps at a rational moment.
I love lawyers and bankers, they are my family, but I don't want to live with them. It doesn't make a city. You need people with brain and heart and soul that give it all. You need young people on skateboards and you need people running around making noise.
I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
Soap and education are not as sudden as a massacre, but they are more deadly in the long run. Training is everything. The peach was once a bitter almond; cauliflower is nothing but cabbage with a college education.
I actually run a non-profit where one of the main objectives is to branch out and get a new audience for the theater. Just because the writing is so good and nothing is more effective than seeing something live and happening right in front of your face, so I definitely want to continue to pursue that.
What I am really interested in is that I want people to be thinking in other ways - to stop thinking they have to remain glued to a system that has failed and to ideas about society that's necessarily about being run by Democrats or Republicans.
How extraordinary was my life an incident may illustrate... [As a youth] I was fascinated by a description of Niagara Falls. I had perused, and pictured in my imagination a big wheel run by the Falls. I told my uncle that I would go to America and carry out this scheme. Thirty years later I saw my ideas carried out at Niagara and marveled at the unfathomable mystery of the mind.
Toughest decision was early in my presidency when I ordered 30,000 more troops into Afghanistan. As somebody who had run to end a large troop presence overseas.
Everyone has experienced that truth: that love, like a running brook, is disregarded, taken for granted; but when the brook freezes over, then people begin to remember how it was when it ran, and they want it to run again.