“Poetry is always slightly mysterious, and you wonder what is your relationship to it.” Quote by Seamus Heaney
“The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period.” DarkPeriodsPressureFinancialDawnTransitionFinancial MarketsLack Of Leadership Author:George Soros
“Faith is a very powerful force in the history of humanity. So I greatly respect different kinds of faith. Just as I think diversity is a really good thing genetically, it's also a good thing societally.” ThinkingKindDifferentHumanityForcePowerfulDiversityGood ThingsDifferent KindsVery Powerful Author:George M. Church
“The US needs a cap and trade system with auctioning of licenses for emissions rights. The revenues from these auctions can be used to launch a new, environmentally friendly energy policy. That would be yet another federal program that could help us to overcome the stagnation.” NeedsHelpingWould BeUsedEnergyRightsPolicyProgramOvercomingTradeFriendlyRevenueLicenseCapsEmissionsStagnationAuctionsEnergy PolicyLicensesEnvironmentally Friendly Author:George Soros
“I am against market fundamentalism. I think this propaganda that government involvement is always bad has been very successful - but also very harmful to our society.” ThinkingHas BeensGovernmentSuccessfulPropagandaOur SocietyFundamentalismInvolvementGovernment Involvement Author:George Soros
“I have faith that science is a good thing. Seriously, I'd say that I am very much in awe of nature. In fact, I think to some extent, "awe" was a word that was almost invented for scientists.” ThinkingFactsScientistGood ThingsAweHave Faith Author:George M. Church
“However, even a strong government can't perform miracles. It needs money from the taxpayers.” NeedsGovernmentStrongMiracleTaxpayersNeed MoneyStrong Government Author:George Soros
“A poet sees a flower and can go on and on about how beautiful the colors are. But what the poet doesn't see is the xylem and the phloem and the pollen and the thousands of generations of breeding and the billions of years before that. All of that is only available to the scientists.” YearsBeautifulGenerationsColorPoetFlowerGoes OnScientistAvailableBillionsBreedingPollen Author:George M. Church
“At times of recession, running a budget deficit is highly desirable. Once the economy begins to recover, you have to balance the budget. But it will also need additional revenues. Should the government not receive them, we will all get punished with higher interest rates.” NeedsShouldGovernmentRunningInterestEconomyBalanceHigherRateBudgetsOver YouDesirableRevenueDeficitRecessionsInterest RateBudget Deficit Author:George Soros
“It is better to have a cat and mouse game where the cat has the upper hand than a cat and mouse game where the mice are ruling. Because the latter means that the market participants are given free range. That was actually the big misconception of our national hero Ronald Reagan, who always talked about the magic of the market.” MeanHandsBigsGamesGivenMagicHeroCatRangeLatterMiceRulingMisconceptionParticipantsUpper HandCat And Mouse Author:George Soros
“However, you have to recognize that regulations will never be completely successful and they will always be full of holes. You must constantly be ready to fill new holes. Actually regulation should be kept to a minimum, but there has to be some cooperation between market participants and authorities - as was the case in the early postwar years. The Bank of England was a very successful regulator by cooperating with market participants. This cooperative spirit was broken by the market fundamentalists.” ShouldYearsSpiritCasesSuccessfulReadyBrokenAuthorityEnglandHolesCooperationRegulationMinimumParticipantsCooperativesRegulatorsCooperating Author:George Soros