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“The financial history of the last century shows a steady increase in the amount of public indebtedness. Nobody believes that the states will eternally drag the burden of these interest payments. It is obvious that sooner or later all these debts will be liquidated in some way or other, but certainly not by payment of interest and principal according to the terms of the contract.”

“House GOP Leader John Boehner on Monday rightly sounded the alarm over billions in stimulus tax dollars that could potentially go to the Association of Community Organizations for Reform Now (ACORN). But the Republican leadership has only scratched the surface over what amounts to a bottomless slush fund for a bigger coalition of housing entitlement thugs.”

“As a new president takes office and elevates global warming alarmism to official federal policy, much of America is experiencing record low temperatures. While the deep freeze amounts to little more than irony, Americans should nevertheless take what could well be a last opportunity to reconsider the cliff off which Barack Obama, Al Gore and the rest of the global warming industry want us to jump.”

“Who can dispute that the governments of the United States constitute the most voracious tax system in the history of mankind? In the year 2000, those governments succeeded in laying hands on more than $3 trillion - almost $11,000 each for the 275 million men, women, and children resident in the country. No other nation-state rakes in an amount even close to the U.S. total.”

“These guys [liberals] will never tire of spending our money and will never hold themselves accountable for their boondoggles. For them the failure of $5 trillion to eradicate poverty simply means that we haven't spent enough money. Ditto with education. The solution is always more money. No amount of empirical evidence will shake their socialist theology.”

“There's a lot of unexpected things. Wonderful things, tough things, but there's always somebody just ready to pitch in. That's probably the heaviest thing, the constant amount of support because it makes you just want to do even better. It makes you want to do stuff for the fans, makes you want to do stuff for the people on the show. I love it.”

“The amount of preparation I saw from someone like [David] Fincher, and how aware he is of everybody else's job on the set, and how much respect he has for every aspect of the film, and every aspect of the frame - that's the type of actor I am now; it's not the type of actor I was then. But without understanding his process, and then coming to learn it later on, I would never be the actor I am now.”

“In a typical 401k plan, when you first become eligible you get a big pile of forms and you're told, fill out these forms if you want to join. Tell us how much amount you've saved and how you want to invest the money. In, under automatic enrollment you get that same pile of forms but the top page says, if you don't fill out these forms, we're going to enroll you anyway and we're going to enroll you at this saving rate and in these investments.”

“However, if one has been playing the buy-and-hold game with quality securities, one has been exposed to a substantial amount of market risk because the valuations placed on these securities have implied overly rosy scenarios prone to popular revision in times of more realistic expectation. This is one of those times, but it is my feeling that the revisions have not been severe enough, the expectations not yet realistic enough. Hence, the world's best companies largely remain overpriced in the marketplace.”

“Sometimes markets err big time. Markets erred when they gave America Online the currency to buy Time Warner. They erred when they bet against George Soros and for the British pound. And they are erring right now by continuing to float along as if the most significant credit bubble history has ever seen does not exist. Opportunities are rare, and large opportunities on which one can put nearly unlimited capital to work at tremendous potential returns are even more rare. Selectively shorting the most problematic mortgage-backed securities in history today amounts to just such an opportunity.”

“Numeracy: 1. The art of putting numbers to things, that is, assigning amounts to variables in order that practical decisions may be reach. 2. That aspect of education (beyond mere literacy) which takes account of quantitative aspects of reality.”