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  • We are in the midst of a once-in-a-century credit tsunami. Central banks and governments are being required to take unprecedented measures. Those of us who have looked to the self-interest of lending institutions to protect shareholders' equity are in a state of shocked disbelief.
  • 6 years ago



    Tags : Alan Greenspan Quotes , Government Quotes , Self 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
  • 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
  • Government, possessing the power to create and issue currency and credit as money and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not borrow capital at interest as a means of financing government work and public enterprises.
  • 6 years ago



    Tags : Abraham Lincoln Quotes , Mean Quotes , Government Quotes