It's quite clear that stocks are cheaper than bonds. I can't imagine anybody having bonds in their portfolio when they can own equities, a diversified group of equities. But people do because they, the lack of confidence. But that's what makes for the attractive prices. If they had their confidence back, they wouldn't be selling at these prices. And believe me, it will come back over time.
It's harder to confess the sin that no one believes in Than the crime that everyone can appreciate. For the crime is in relation to the law And the sin is in relation to the sinner.
The people of the Falkland Islands, like the people of the United Kingdom, are an island race. They are few in number but they have the right to live in peace, to choose their own way of life and to determine their own allegiance. They way of life is British; their allegiance is to the Crown. It is the wish of the British people and the duty of Her Majesty's Government to do everything that we can to uphold that right. That will be our hope and our endeavour, and, I believe, the resolve, of every Member of this House.
I hold that this must be said, for treaties only make sense when concluded by honor-loving peoples and honor-conscious governments. Germany wishes to establish honest relations with the peoples of neighboring countries. We have done this in the East, and I believe that not only Berlin but Warsaw as well will rejoice in the decontamination of the atmosphere brought about through our joint efforts.
Now, I swore an oath to uphold the laws on the books... Now, I know some people want me to bypass Congress and change the laws on my own... Believe me, the idea of doing things on my own is very tempting. I promise you. Not just on immigration reform. But that's not how - that's not how our system works. That's not how our democracy functions. Thats not how our Constitution is written.
I don’t believe it is possible to transcend race in this country. Race is a factor in this society. The legacy of Jim Crow and slavery has not gone away. It is not an accident that African-Americans experience high crime rates, are poor, and have less wealth. It is a direct result of our racial history.
People are not stupid. They believe things for reasons. The last way for skeptics to get the attention of bright, curious, intelligent people is to belittle or condescend or to show arrogance toward their beliefs.
And I strongly support the faith-based initiative that we're proposing, because I don't believe it violates the line between the separation of church and state, and I believe it's going to make America a better place.
To believe something in the face of evidence and against reason - to believe something by faith - is ignoble, irresponsible and ignorant, and merits the opposite of respect.
I believe that there was a great age, a great epoch when man did not make war: previous to 2000 B.C. Then the self had not reallybecome aware of itself, it had not separated itself off, the spirit was not yet born, so there was no internal conflict, and hence no permanent external conflict.