I want peace; yes, I'd sell the whole world for a farthing, straight off, so long as I was left in peace. Is the world to go to pot, or am I to go without my tea? I say that the world may go to pot for me so long as I always get my tea. Did you know that, or not? Well, anyway, I know that I am a blackguard, a scoundrel, an egoist, a sluggard.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
The Russian Bolsheviks have discovered that truth does not matter so long as there is reiteration. They have no difficulty whatever in countering a fact by a lie which, if repeated often enough and loudly enough, becomes accepted by the people.
The strongest and most effective force in guaranteeing the long-term maintenance of power is not violence in all the forms deployed by the dominant to control the dominated, but consent in all the forms in which the dominated acquiesce in their own domination.
I see is that there are many people who destroy their marriages because of one-night stands with someone else. And as the French say, "C'est ne pas grave." It's not something easy to swallow, but at the same time, it does not justify you to end a long-lasting relationship because something happened.
By adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government.