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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
  • Now what is just and right is to be interpreted in the sense of 'what is equal'; and that which is right in the sense of being equal is to be considered with reference to the advantage of the state, and the common good of the citizens. And a citizen is one who shares in governing and being governed. He differs under different forms of government, but in the best state he is one who is able and willing to be governed and to govern with a view to the life of virtue.
  • 5 years ago



    Tags : Aristotle Quotes , Government Quotes , Views Quotes
  • [I]f the policy of the Government, upon vital questions affecting, the whole people is to be irrevocably fixed by decisions of the Supreme Court, the instant they are made, in ordinary litigation between parties in personal actions, the people will have ceased, to be their own rulers, having, to that extent, practically resigned their Government, into the hands of that eminent tribunal.
  • 5 years ago



    Tags : Abraham Lincoln Quotes , Party Quotes , Government Quotes