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  • [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
  • 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 has become necessary to call the attention of European governments to a fact which is apparently so insignificant that the governments seem not to notice it. The fact is this: an entire people is being annihilated. Where? In Europe. Are there witnesses? One witness, the entire world. Do the governments see it? No.
  • 5 years ago



    Tags : Victor Hugo Quotes , War Quotes , Government Quotes
  • So let us take our fair share of the true refugees and act responsible as a government in providing for their necessary expenses. Let us stop skewing the whole process by taking some folks who are not truly refugees in order simply to meet our foreign policy needs or domestic policy demands. There has to be a better way to meet those needs and demands than we are doing now. I think it is embarrassing to all of us who truly know the mission of the Refugee Act.
  • 6 years ago



    Tags : Alan K. Simpson Quotes , Thinking Quotes , Government Quotes
  • And, inasmuch [as] most good things are produced by labour, it follows that all such things of right belong to those whose labour has produced them. But it has so happened in all ages of the world, that some have laboured, and others have, without labour, enjoyed a large proportion of the fruits. This is wrong, and should not continue. To [secure] to each labourer the whole product of his labour, or as nearly as possible, is a most worthy object of any good government.
  • 6 years ago



    Tags : Abraham Lincoln Quotes , Work Quotes , Government Quotes