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  • But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.
  • 5 years ago



    Tags : Warren Buffett Quotes , Home Quotes , Government Quotes
  • When Berkshire Hathaway laid out three billion dollars for GE today, we didn't spend it, we invested it. When the Federal government buys the mortgages, they're not spending it, they're investing it. Now, they're investing it in distress type assets but they're buying them at distress prices if they buy them at market. It's the kind of stuff I love to do. I just don't have 700 million. Maybe we could go in it together.
  • 5 years ago



    Tags : Warren Buffett Quotes , Government Quotes , Together Quotes
  • I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
  • 5 years ago



    Tags : Warren Buffett Quotes , Thinking Quotes , Government Quotes
  • America is governed by rules of law, and those are not ones that the President of the United States or anybody else can just set aside for the sake of expediency Even when we are deeply supportive of Turkish democracy, and even when we care deeply about any attempts to overthrow their government or any other illegal actions, we've got to go through a legal process.
  • 5 years ago



    Tags : Barack Obama Quotes , Government Quotes , Law Quotes
  • The laws of Nature, that is to say the laws of God, plainly made every human being a law unto himself, we must steadfastly refuse to obey those laws, and we must as steadfastly stand by the conventions which ignore them, since the statutes furnish us peace, fairly good government, and stability, and therefore are better for us than the laws of God, which would soon plunge us into confusion and disorder and anarchy if we should adopt them.
  • 6 years ago



    Tags : Mark Twain Quotes , Government Quotes , Law Quotes