Stocks have reached what looks like a permanently high plateau.
Irving Fisher, economics professor at Yale University, 1929.
Monday, 9 March 2009
Infinite stupidity
"Two things are infinite: the universe and human stupidity; and I'm not sure
about the universe"
Albert Einstein
about the universe"
Albert Einstein
Friday, 30 January 2009
Fooling men
The main purpose of the stock market is to make fools of as many men as possible.
Bernard Baruch
Bernard Baruch
horses and stocks
The difference between playing the stock market and the horses is that one of the horses must win.
Joey Adams
Joey Adams
Spiritual doom
A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual doom.
Martin Luther King, Jr.
Martin Luther King, Jr.
Permanent unemployment
As legal slavery passed, we entered into a permanent period of unemployment and underemployment from which we have yet to emerge.
Julian Bond
Julian Bond
Globalisation again
Outsourcing and globalization of manufacturing allows companies to reduce costs, benefits consumers with lower cost goods and services, causes economic expansion that reduces unemployment, and increases productivity and job creation.
Larry Elder
Larry Elder
Deeper and deeper
There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.
Frederick Soddy
Frederick Soddy
Tuesday, 15 July 2008
manufacturing a crisis
We are confronting a situation in which the Administration, in my view, is once again manufacturing a crisis. There is no crisis in the Social Security system. The system is not on the verge of bankruptcy.
Paul Sarbanes
Paul Sarbanes
lack of education
His lack of education is more than compensated for by his keenly developed moral bankruptcy.
Woody Allen
Woody Allen
bankruptcy of a soul
Disappointment is a sort of bankruptcy - the bankruptcy of a soul that expends too much in hope and expectation.
Eric Hoffer
Eric Hoffer
Whack the bosses
The thing that mattered was that lads like me had whacked the bosses and the landlords, had taken their factories, their lands and their banks.
Harry Pollitt
Harry Pollitt
Appropriation
We do all the appropriating. They do not do any of it down at the White House. They send a budget up here, and we don't have to pay any attention it to at all. We do what we want to do.
Lamar Alexander
Lamar Alexander
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