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“We have been trying to point out that this concept of an indefinitely favorable future is dangerous, even if it is true; because even if it is true you can easily overvalue the security, since you make it worth anything you want it to be worth. Beyond this, it is particularly dangerous too, because sometimes your ideas of the future turn out to be wrong. Then you have paid an awful lot for a future that isn't there. Your position then is pretty bad.”

“In the financial markets, however, the connection between a marketable security and the underlying business is not as clear-cut. For investors in a marketable security the gain or loss associated with the various outcomes is not totally inherent in the underlying business; it also depends on the price paid, which is established by the marketplace. The view that risk is dependent on both the nature of investments and on their market price is very different from that described by beta.”

“America should meet its obligations in the form of Social Security, Medicare, our ability to pay our military, legally binding legislation that allows unemployment compensation, the judiciary, the federal court system, the federal prison system, all those kinds of things have to be paid for.”

“Social Security should be phased out and ended altogether. ... Social Security in any form is morally irredeemable. We should be debating, not how to save Social Security, but how to end it - how to phase it out so as to best protect both the rights of those who have paid into it, and those who are forced to pay for it today. This will be a painful task. But it will make possible a world in which Americans enjoy far greater freedom to secure their own futures.”

“We'll have a national dispute - debate about it, and the goal should be to bring in - to help respectfully appeal to those voters that can make the difference, the ones who are not going to be entrepreneurs, are never going to be - run a - be a CEO in some big business, and they know it, but they would like to have their Social Security, they would like to have Medicare as they paid for all their years, and they'd like rising wages rather than falling wages.”

“The freedom-hating gun-grabbers do not care about reducing crime or saving lives, or they wouldn't be fighting for more gun-free zones where the most innocent lives are always slaughtered. Those squawking the loudest for banning guns from we the people will not get rid of their we-the-people tax-dollar-paid armed security guards.”

“Remember that every government service, every offer of government - financed security, is paid for in the loss of personal freedom... In the days to come, whenever a voice is raised telling you to let the government do it, analyze very carefully to see whether the suggested service is worth the personal freedom which you must forgo in return for such service.”

“You beg for happiness in life, but security is more important to you, even if it costs you your spine or your life. Your life will be good and secure when aliveness will mean more to you than security; love more than money; your freedom more than party line or public opinion; when your thinking will be in harmony with your feelings; when the teachers of your children will be better paid than the politicians; when you will have more respect for the love between man and woman than for a marriage license.”

“I like the financial security because I know how hard it is for so many people who struggle to earn a living. I'm grateful I don't have to worry about money and I can live very freely and do something I love and get paid very well to do it. I tell my friends to slap me if they ever think I'm getting full of myself.”

“You cannot cheat with the law of conservation of violence: all violence is paid for, and for example, the structural violence exerted by the financial markets, in the form of layoffs, loss of security, etc., is matched sooner or later in the form of suicides, crime and delinquency, drug addiction, alcoholism, a whole host of minor and major everyday acts of violence.”