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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, 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.
  • 5 years ago



    Tags : Carl Sagan Quotes , Government Quotes , People Quotes
  • Once more: there are three offices according to whose directions the highest magistrates are chosen in certain states - guardians of the law, probuli, councilors - of these, the guardians of the law are an aristocratical, the probuli an oligarchical, the council a democratical institution.
  • 5 years ago



    Tags : Aristotle Quotes , Government Quotes , Law Quotes
  • The government of freemen is nobler and implies more virtue than despotic government. Neither is a city to be deemed happy or a legislator to be praised because he trains his citizens to conquer and obtain dominion over their neighbors, for there is great evil in this.
  • 5 years ago



    Tags : Aristotle Quotes , Government Quotes , Cities Quotes