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Dangerous Quotes

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Dangerous Quotes

“There is, indeed, a most dangerous passage in the history of a democratic people. When the taste for physical gratifications among them has grown more rapidly than their education and their experience of free institutions, the time will come when men are carried away and lose all self-restraint at the sight of new possessions they are about to obtain. In their intense and exclusive anxiety to make a fortune they lose sight of the close connection that exists between the private fortune of each and the prosperity of all.”

“I confidently trust that the American people will prove themselves ... too wise not to detect the false pride or the dangerous ambitions or the selfish schemes which so often hide themselves under that deceptive cry of mock patriotism: "Our country, right or wrong!" They will not fail to recognize that our dignity, our free institutions and the peace and welfare of this and coming generations of Americans will be secure only as we cling to the watchword of true patriotism: "Our country - when right to be kept right; when wrong to be put right."”

“The country is headed toward a single and splendid government of an aristocracy founded on banking institutions and moneyed incorporations and if this tendency continues it will be the end of freedom and democracy, the few will be ruling...I hope we shall...crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government to trial and bid defiance to the laws of our country. I sincerely believe that banking establishments are more dangerous than standing armies.”

“We must bear in mind, then, that there is nothing more difficult and dangerous, or more doubtful of success, than an attempt to introduce a new order of things in any state. For the innovator has for enemies all those who derived advantages from the old order of things, whilst those who expect to be benefited by the new institutions will be but lukewarm defenders.”

“The four most dangerous words in finance are 'this time is different.' Thanks to this masterpiece by Carmen Reinhart at the University of Maryland and Kenneth Rogoff of Harvard, no one can doubt this again. . . . The authors have put an immense amount of work into collecting the data financial institutions needed if they were to have any chance of making quantitative risk management work.”

“The trouble with the new world we have watched being created over the past decade is that it sees no further than money. People have always been obsessed with money, of course - greed is as old as history. But when the institutions that govern all our lives forget there was ever anything else, then it gets dangerous.”

“I believe that banking institutions are more dangerous to our liberties than standing armies.”

“The world has always been a dangerous place. Now it is dangerous in a different way, because the world order that we've known since the end of the Cold War has been radically transformed. All of the institutions that preserved peace and promoted global trade will be weaker - NATO, the EU, NAFTA - and US relationships with other countries will change, too.”

“Policies are designed to undermine working class organization and the reason is not only the unions fight for workers' rights, but they also have a democratizing effect. These are institutions in which people without power can get together, support one another, learn about the world, try out their ideas, initiate programs, and that is dangerous. That's like a referendum in Greece. It is dangerous to allow that.”