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Majors Quotes

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Majors Quotes

“The national parklands have a major role in providing superlative opportunities for outdoor recreation, but they have other people serving values. They can provide an experience in conservation education for the young people of the country; they can enrich our literary and artistic consciousness; they can help create social values; contribute to our civic consciousness; remind us of our debt to the land of our fathers.”

“In a speech at the just-concluded G20 summit in London, President Obama urged Americans not to let their fears crimp their spending. It would be unwise, he argued, for Americans to let the fear of job loss, lack of savings, unpaid bills, credit card debt or student loans deter them from making major purchases. According to the president, 'we must spend now as an investment for the future'....instead of saving for the future, we must spend for the future.”

“While many of the established media make losses or go bankrupt, WikiLeaks has survived a major conflict with a superpower, including an unlawful economic blockade by its banks and credit card companies and the detention of its editor. We have no debts. We have not had to fire staff. We have never lost a court case related to our publishing. We have never been forced to censor. Adversity has hardened us.”

“Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.”

“Interest-rate swaps are a tool used by big cities, major corporations and sovereign governments to manage their debt, and the scale of their use is almost unimaginably massive. It's about a $379 trillion market, meaning that any manipulation would affect a pile of assets about 100 times the size of the United States federal budget.”