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.
Every family should have the right to spend their money, after tax, as they wish, and not as the government dictates. Let us extend choice, extend the will to choose and the chance to choose.
A democracy exists whenever those who are free and are not well-off, being in the majority, are in sovereign control of government, an oligarchy when control lies with the rich and better-born, these being few.
Torture anywhere is an affront to human dignity everywhere...
I call on all governments to join with the United States and the community of law-abiding nations in prohibiting, investigating, and prosecuting all acts of torture.
In Africa, you often see that the difference between a village where everybody eats and a village where people starve is government. One has a functioning government, and the other does not. Which is why it bothers me when I hear people say that government is the enemy. They don't understand its fundamental role.
None of this is fair to you. And should it continue, it will make it more difficult to keep attracting the kind of driven, patriotic, idealist Americans to public service that our citizens deserved and that our system of self-government demands.
Well, a lot of people within government and big business are nervous of Hip Hop and Hip Hop artists, because they speak their minds. They talk about what they see and what they feel and what they know. They reflect what's around them.
But, Jefferson worried that the people - and the argument goes back to Thucydides and Aristotle - are easily misled. He also stressed, passionately and repeatedly, that it was essential for the people to understand the risks and benefits of government, to educate themselves, and to involve themselves in the political process. Without that, he said, the wolves will take over.
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.
So where it is a general rule that it is wrong to gratify lovers, this can be attributed to the defects of those who make that rule: the government's lust for rule and the subjects' cowardice.
If the poor, for example, because they are more in number, divide among themselves the property of the rich,- is not this unjust? . . this law of confiscation clearly cannot be just.
My Administration is committed to creating an unprecedented level of openness in Government. We will work together to ensure the public trust and establish a system of transparency, public participation, and collaboration. Openness will strengthen our democracy and promote efficiency and effectiveness in Government.