Study and practice are both very important, but they must go hand in hand. Faith without knowledge is not sufficient. Faith needs to be supported by reason. However intellectual understanding that is not applied in practice is also of little use. Whatever we learn from study we need to apply sincerely in our daily lives.
God's justice stands forever against the sinner in utter severity. The vague and tenuous hope that God is 'too kind' to punish the ungodly has become deadly opiate for the consciences of millions. It hushes their fears and allows them to practice all pleasant forms of iniquity while death draws everyday nearer and the command to repent goes unregarded. As responsible moral beings, we dare not so trifle with our eternal future.
The values that we share - freedom of speech, freedom of religious practice, freedom for civil society, free and fair elections, all the innovation that's been created through a market-based economy - those things are ultimately going to be the path for us to continue into a better future. I hope that, despite some of the challenges we have, that people appreciate that.
I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.
In practice, some come to see easily, some with difficulty. But whatever the case, never mind. Difficult or easy, the Buddha said not to be heedless. Just that--don't be heedless. Why? Because life is not certain. Wherever we start to think that things are certain, uncertainty is lurking right there. Heedlessness is just holding things as certain. It is grasping at certainty where there is no certainty and looking for truth in things that are not true. Be careful! They are likely to bite you sometime in the future!
For decades, free nations tolerated oppression in the Middle East for the sake of stability. In practice, this approach brought little stability and much oppression, so I have changed this policy.
We wish to control big business so as to secure among other things good wages for the wage-workers and reasonable prices for the consumers. Wherever in any business the prosperity of the business man is obtained by lowering the wages of his workmen and charging an excessive price to the consumers we wish to interfere and stop such practices. We will not submit to that kind of prosperity any more than we will submit to prosperity obtained by swindling investors or getting unfair advantages over business rivals.