I understand why people are discouraged about Iraq. I can understand that. We live in a, you know, world in which people hope things happen quickly. And this is a situation where things don't happen quickly because there's, you know, a very tough group of people using tactics - mainly the killing of innocent people - to achieve their objective, and they're skillful about how they do this. And they also know the impact of what it means on the consciousness of those of us who live in the free world. They know that.
Over and over again in my life, I find closeness to other people and proximity to other people really painful; that's part of my mental illness, social anxiety. Closeness to other people is really hard, but it's also a shame because it's all you want too. But it doesn't always work.
I have simplified my politics into an utter detestation of all existing governments; and, as it is the shortest and most agreeable and summary feeling imaginable, the first moment of an universal republic would convert me into an advocate for single and uncontradicted despotism. The fact is, riches are power, and poverty is slavery all over the earth, and one sort of establishment is no better, nor worse, for a people than another.
There have been periods where the folks who were already here suddenly say, 'Well, I don't want those folks,' even though the only people who have the right to say that are some Native Americans.
And let me say this as a politician I can promise you this, political leaders will never take risks if the people do not push them to take some risks. You must create the change that you want to see.
Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.
Why do so many people chose to spend their whole life destroying paths they didn't even want to follow, instead of following the one path that would lead them somewhere.
You cannot build character and courage by taking away people's initiative and independence. You cannot help people permanently by doing for them what they could and should do for themselves.
Sometimes if I tell people, 'I'm afraid that I'm really a fraud,' or 'I have a lot of self-doubt,' they go, 'Oh, no, you're kidding.' I go, 'No, I'm really honest.'
Basic personality traits develop early in life and over time become inviolable, hardwired. Most people learn little from experience, rarely thinking of adjusting their behavior, see problems as emanating from those around them, and keep on doing what they do in spite of everything, for better or worse.
The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.