“There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.” MadeTwoRealPastHouseMistakeInstitutionsBlameDecadesFinancePlentyGiantsBubblesSoarHousingMacsMaeCratersHouse PricesHousing Bubble Author:Mark Zandi
“The free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?” ThinkingMenMadeIdeasSelfGovernmentPoliticalEnemyPrinciplesEconomyImpossibleKingsProveEssentialsArgumentLaborTradeSlaveBonesDisappearFinanceDestroyedChiefsContradictionFlatsPopeSubmissionMonopolyAdviseDespotismAbolishThink Of MeContentionFree TradeTradersOligarchySelf-governmentTariffsPolitical EconomyUsuryLabor And Capital Author:Ezra Heywood
“Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.” MadeWealthCasesEconomyAdvantageProsperityContraryFinancePersuasive Book:The affluent society Source: The affluent society
“My philosophy is that all stocks are bad. There are no good stocks unless they go up in price. If they go down instead, you have to cut your losses fast Letting losses run is the most serious mistake made by most investors.” IfsMadePhilosophyRunningLossMistakeCuttingSeriousEntrepreneurInvestmentInvestingFinancialFinanceInvestorsFoundersYour LossSerious Mistakes Author:William O'Neil