We must settle this question now -- whether in a free government the minority have the right to break it up whenever they choose. If we fail, it will go far to prove the incapability of the people to govern themselves.
The allied nations with the fullest concurrence of our government and people are agreed that in Palestine shall be laid the foundations of a Jewish Commonwealth.
I view the relationship with Canada as a vital relationship for the United States. The relationship, of course, is defined government-to-government. It's also defined people-to-people, and there's a lot of people in my country who respect Canada and have great relations with Canadians, and we intend to keep it that way.
Democracy is the form of government in which the free are rulers, and oligarchy in which the rich; it is only an accident that the free are the many and the rich are the few.
There are three qualifications required in those who have to fill the highest offices, - (1) first of all, loyalty to the established constitution; (2) the greatest administrative capacity; (3) virtue and justice of the kind proper to each form of government.
The object of government is the welfare of the people. The material progress and prosperity of a nation are desirable chiefly so far as they lead to the moral and material welfare of all good citizens.
I appeal to all loyal citizens to favor, facilitate and aid this effort to maintain the honor, the integrity, and the existence of our National Union, and the perpetuity of popular
government; and to redress wrongs already long enough endured.
When Berkshire Hathaway laid out three billion dollars for GE today, we didn't spend it, we invested it. When the Federal government buys the mortgages, they're not spending it, they're investing it. Now, they're investing it in distress type assets but they're buying them at distress prices if they buy them at market. It's the kind of stuff I love to do. I just don't have 700 million. Maybe we could go in it together.
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.
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.
[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.
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.