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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
  • It is acknowledged, namely, that there are in the world three forms of government, autocracy, oligarchy, and democracy: autocracies and oligarchies are administered according to the tempers of their lords, but democratic states according to established laws.
  • 5 years ago



    Tags : Aeschines Quotes , Government Quotes , Law Quotes
  • The institutions that we've built up over the years to protect our individual privacy rights from the government don't apply to the private sector. The Fourth Amendment doesn't apply to corporations. The Freedom of Information Act doesn't apply to Silicon Valley. And you can't impeach Google if it breaks its 'Don't be evil' campaign pledge.
  • 5 years ago



    Tags : Al Franken Quotes , Rights Quotes , Government Quotes
  • I'll be honest, there have been times when I've listened to the rhetoric in Europe where an easy equivalent somehow between the United States and Russia and between how our governments operate versus other governments operate, where those distinctions aren't made.
  • 5 years ago



    Tags : Barack Obama Quotes , Russia Quotes , Government Quotes
  • Faith-based organizations also need a guarantee they will not be forced to give up their right to hire people of their own faith as the price of competing for federal money. If we want this program to be effective and to save lives, people have got to say interfacing with government will not cause me to lose my mission.
  • 5 years ago



    Tags : George W. Bush Quotes , Giving Up Quotes , Government Quotes
  • Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.
  • 5 years ago



    Tags : Warren Buffett Quotes , Government Quotes , Average Quotes
  • [The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
  • 5 years ago



    Tags : Warren Buffett Quotes , Government Quotes , Years Quotes