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“By 1940 the literacy figure for all states stood at 96 percent for whites. Eighty percent for blacks. Notice for all the disadvantages blacks labored under, four of five were still literate. Six decades later, at the end of the 20th century, the National Adult Literacy Survey and the National Assessment of Educational Progress say 40 percent of blacks and 17 percent of whites can't read at all. Put another way, black illiteracy doubled, white illiteracy quadrupled, despite the fact that we spend three or four times as much real money on schooling as we did 60 years ago.”

“If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year. [...] And when somebody makes it very easy for you to do it by saying you don't really have to put up my money, you can lie about your income a little, or we'll give you 100 percent mortgage, you're going to do it, because everybody that's done it has been proven right. You have what they call social tools, and, you know, you're going to feel like an idiot if you didn't do it, because the house cost more.”

“We had the great depression, we had two world wars, we had the flu epidemic. We had oil shock. We had all these terrible things happen. But something about the American system unleashed more and of a potential to human beings over that hundred years so that we had a seven for one improvement in - there's never been any - I mean, you have centuries where if you've got a 1 percent improvement, then it's something. So we've got a great system. And we've got more productive capacity now than we ever have.”

“Many people have trouble sticking to their resolutions, and there is a simple scientific explanation for this. In 1987, a team of psychologists conducted a study in which they monitored the New Year's resolutions of 275 people. After one week the psychologists found that 92 percent of the people were keeping their resolutions; after two weeks we have no idea what happened because the psychologists had quit monitoring.”

“For millennia the two-million acre redwood ecosystem thrived and sheltered myriad species of life. In the last 150 years, 97 percent of the original redwood forests have been destroyed by timber corporations. ... Big business cut-and-run logging operations have instilled a false dichotomy: jobs versus the environment.”

“The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny business because on a net basis, the whole investment management business together gives no value added to all buyers combined. That's the way it has to work. Mutual funds charge two percent per year and then brokers switch people between funds, costing another three to four percentage points. The poor guy in the general public is getting a terrible product from the professionals.”

“You see, the Foreign Service of the United States has grown so unbelievably in the last twenty years, and the requirements for admission are so high, and yet an awful lot of the work, I'd say fully 50-percent of the work in the Foreign Service abroad, is really routine work. All this is something that no one has licked.... You get a certain amount of discontent. It's bad for morale.”

“The Bush administration has been doing everything it can to hide the huge number of returning veterans who are severely wounded - 17,000 so far including roughly 20 percent with serious brain and head injuries. Even the estimate of $500 billion ignores the lifetime disability and healthcare costs that taxpayers will have to spend for years to come.”

“Just several years ago, Shaykh Kabbani, who is the head of the Islamic Supreme Council of America, when he was speaking at the State Department, said that more than 80 percent of the mosques were controlled by extremists. And from all I've seen over the last four or five years, the situation has even gotten worse.”

“The economic system that the United States has is an evil empire. It's an economic system that's not fair, not just, and it's not democratic. And it will fall just like communism fell. The richest 1 percent now own 50 percent of the wealth. It didn't use to be that way. The average CEO 20 years ago made 20 times as much as the average employee. Now they make 212 times as much.”

“24.9 percent of American children live in poverty, while the proportions in Germany, France and Italy are 8.6, 7.4 and 10.5 percent. And once born on the wrong side of the tracks, Americans are more likely to stay there than their counterparts in Europe. Those born to better-off families are more likely to stay better off. America is developing an aristocracy of the rich and a serfdom of the poor - the inevitable result of a twenty-year erosion of its social contract.”

“Sometimes I think the Congress feels that if you only decided tomorrow to switch to wind power that in two years we'd be getting 80 percent of our electricity from wind power. It's nonsense. Normally it takes 20 to 30 years after a new technology is demonstrated and deployed before it powers even 15 or 20 percent of the grid. There's this long lag time, and we haven't even decided which directions to go.”

“In the Communist Party, we address problems very openly and sometimes very vocally, and we point out abuses. This is a good thing. We exercise self-criticism once a year. Although 80 percent of the members of the National Assembly are also members of the Communist Party, this does not prevent them from sharply criticizing the administrative and governmental system.”

“1.5 billion people lack proper access to electricity. Many buy kerosene, which can cost 30 percent of their income. It sends millions of metric tons of carbon dioxide into the atmosphere every year. And often the lamp will fall over and catch the house on fire. So mothers hate it, but it's their only option.”

“The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.”

“The growth of the American food industry will always bump up against this troublesome biological fact: Try as we might, each of us can only eat about fifteen hundred pounds of food a year. Unlike many other products - CDs, say, or shoes - there's a natural limit to how much food we each can consume without exploding. What this means for the food industry is that its natural rate of growth is somewhere around 1 percent per year - 1 percent being the annual growth rate of American population. The problem is that [the industry] won't tolerate such an anemic rate of growth.”

“I can't remember ever being really bored. I find life very interesting, actually. I think some other musicians are always looking for something to give them an idea, but I find I have to reject 90 percent of my ideas because they don't live up to some self-imposed standard. That's also why I don't make a record once a year. I throw so many things out, and I have to have something to say.”

“It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.”