Wealth brings with it its own checks and balances. The basis of political economy is noninterference. The only safe rule is found in the self-adjusting meter of demand and supply. Open the doors of opportunity to talent and virtue and they will do themselves justice, and property will not be in bad hands. In a free and just commonwealth, property rushes from the idle and imbecile to the industrious, brave and persevering.
PimpCo is a little business I've got, which basically offers drummers the affordable opportunity to make their drums that little bit more bespoke. I love drums and love how they look, so we offer re-wrapping to reboot your old kit, a hardware lacquering service - the black looks amazing, and bespoke snare drums.
People expect those in authority to take on big problems and to solve them. We had an opportunity to reform Social Security in a way that would have protected people's benefits and created a solvent system. Younger workers would be confident that the money they were putting into the system would be available to them when they retired. It was a missed opportunity. I regret that.
Any strategy to reduce intergenerational poverty has to be centered on work, not welfare--not only because work provides independence and income but also because work provides order, structure, dignity, and opportunities for growth in people's lives.
I think that one of the things that we all agree to is that the touchstone for economic policy is, does it allow the average American to find good employment and see their incomes rise; that we can't just look at things in the aggregate, we do want to grow the pie, but we want to make sure that prosperity is spread across the spectrum of regions and occupations and genders and races; and that economic policy should focus on growing the pie, but it also has to make sure that everybody has got opportunity in that system.
I come from a great family and I was raised by wonderful parents. There is no question that I was given a lot of interesting and unique opportunities growing up...But I think people often misunderstand that I work as hard and want things just as badly as anybody else.
At a fundamental level, as human beings, we are all the same; each one of us aspires to happiness and each one of us does not wish to suffer. This is why, whenever I have the opportunity, I try to draw people's attention to what as members of the human family we have in common and the deeply interconnected nature of our existence and welfare.
We rarely use much debt and, when we do, we attempt to structure it on a long-term fixed rate basis. We will reject interesting opportunities rather than over-leverage our balance sheet. This conservatism has penalized our results but it is the only behavior that leaves us comfortable, considering our fiduciary obligations to policyholders, depositors, lenders and the many equity holders who have committed unusually large portions of their net worth to our care.
On my recent trip to Israel, I had the opportunity to visit Yad Vashem, Israel's national Holocaust memorial, and reaffirm our collective responsibility to confront anti-Semitism, prejudice, and intolerance across the world. On this Yom Hashoah, we must accept the full responsibility of remembrance, as nations and as individuals-not simply to pledge "never again," but to commit ourselves to the understanding, empathy and compassion that is the foundation of peace and human dignity.
I do want to once again speak directly to the Iranian people. Yours is a great civilization with a vibrant culture that has so much to contribute to the world - in commerce and in science and in arts. For decades, your government's threats and actions to destabilize your region have isolated Iran from much of the world, and now our governments are talking with one another. Following the nuclear deal, you, especially young Iranians, have the opportunity to begin building new ties with the world.
It's really seeing student involvement … as a variety of opportunities that are appropriate for each given student and responsive to their individual needs and their desires for their educational experience.
You can choose a future where more Americans have the chance to gain the skills they need to compete, no matter how old they are or how much money they have. Education was the gateway to opportunity for me. It was the gateway for Michelle. And now more than ever, it is the gateway to a middle-class life.
I stand for the square deal. I mean not merely that I stand for fair play under the present rules of the game, but that I stand for having those rules changed so as to work for a more substantial equality of opportunity and of reward for equally good service.
It cannot be denied that outward accidents conduce much to fortune, favor, opportunity, death of others, occasion fitting virtue; but chiefly, the mold of a man's fortune is in his own hands
The nobler sort of man emphasizes the good qualities in others, and does not accentuate the bad. The inferior does the reverse. . . . The nobler sort of man pays special attention to nine points. He is anxious to see clearly, to hear distinctly, to be kindly in his looks, respectful in his demeanor, conscientious in his speech, earnest in his affairs. When in doubt, he is careful to inquire; when in anger, he thinks of the consequences; when offered an opportunity for gain, he thinks only of his duty.