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Security Quotes

“There is no security in a good disposition if the support of good principles--that is to say, of religion, of Christian faith--be wanting. It may be soured by misfortune, it may be corrupted by wealth, it may be blighted by neediness, it may lose all its original brightness, if destitute of that support.”

“We forget today that Britain still depends for its livelihood and, indeed, its day-to-day survival, on the sea. But the Royal Navy is now pitifully small and has been reduced in size by the current Government, seeking economies to finance its social programmes. Fine while there is no threat to our security. But what use would schools and hospitals be if we could not protect our imports?”

“The organized labor movement as it is constituted today is as much a concomitant of a capitalist economy as is capital. Organized labor is predicated upon the basic premise of collective bargaining between employers and employees. This premise can obtain only for an employer-employee type of society. If the labor movement is to maintain its own identity and security, it must of necessity protect that kind of society.”

“If a man surrenders all power of self-determination in regard to the profits, management or ownership of the place where he works, he not only loses that special prerogative which marks him off from a cow in a pasture, but what is worse, he loses all capacity for determining any work. This is the beginning of a slavery which sometimes goes by the name of security.”

“If I were doing the Security Council today, I'd have one permanent member, the United States, because that's the real reflection of the distribution of power in the world. All international laws are invalid, meaningless attempts to constrict American power.”

“Remember, most of the things you think you need are ego trips designed to bolster your image and your perception of security.... You'll waste a lot of energy satisfying your ego only to find that, as soon as it's got what it wants, it ignores all your efforts and promptly nails another list of demands to your forehead. The ego will always try to force you to slave for its vision. I wouldn't stand for that BS if I were you.”

“So use prosperity, that adversity may not abuse thee: if in the one, security admits no fears, in the other, despair will afford no hopes; he that in prosperity can foretell a danger can in adversity foresee deliverance.”

“People with little money seldom realize that people who have a lot of money are also frightened. ... If security is based on having money, it doesn't matter whether you have a little or a lot, you're going to be afraid.”

“You have to do your best to face every moment, because this moment will never come again. The moment that you are living right now is a very important opportunity to make your life vividly alive. If you want to live with spiritual security in the midst of constant change, you have to burn the flame of your life force in everything you do.”

“American business would be run better today if there was more alignment between CEOs' interest and the company. For example, would the financial crisis of 2008 have occurred if the CEO of Lehman and Morgan Stanley and Goldman and Citibank had to take a very small percentage of every mortgage-backed security... or every loan they made?”

“When you talk about raising that debt limit, the only way that I would ever support raising the debt limit if we also talk about budgetary controls on the federal government, capping its spending, how do we deal with the Social Security, Medicare and Medicaid problems, because they cannot continue to run on auto-pilot.”

“I look back to the Great Depression, and what Roosevelt was able to do in very difficult times, to get Social Security through back in the time when it was seen as - well, it wasn't what it is today. It was sort of a last-ditch, if you really need it, you got it, but, today, it's much more a part of your retirement program.”

“In moments of spiritual crisis we naturally fall back upon what worked for us, or seemed to work, heretofore. Sometimes this shows up through the reassertion of our old values in belligerent, testy ways. Regression of any kind is just such a return to old presumptions, often after they have been shown to be insufficient for the complexity of larger questions. The virtue of the old presumptions is that they once worked, or seemed to work, and therein lies if not certainty, then nostalgia for a previous, presumptive security. In our private lives, we frequently fall back upon our old roles.”

“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.”

“Once I prophesied that this generation of Americans had a rendezvous with destiny. That prophecy now comes true. To us much is given; more is expected. This generation will nobly save or mainly lose the last best hope of earth. The way is plain, peaceful, generous just. A way, which if followed, the world will forever applaud, and God must forever bless.”

“Exploration belongs to the Renaissance, travel to the bourgeois age, tourism to our proletarian moment.The explorer seeks theundiscovered, the traveler that which has been discovered by the mind working in history,the tourist that which has been discovered by entrepreneurship and prepared for him by the arts of mass publicity.If the explorer moves toward the risks of the formless and the unknown, the tourist moves toward the security of pure cliché. It is between these two poles that the traveler mediates.”

“It's a moral imperative, it's an economic imperative, and it is a security imperative. For we've seen how spikes in food prices can plunge millions into poverty, which, in turn, can spark riots that cost lives, and can lead to instability. And this danger will only grow if a surging global population isn't matched by surging food production. So reducing malnutrition and hunger around the world advances international peace and security - and that includes the national security of the United States.”

“I have a feeling-as compelling as a religious conviction-that if industry will constantly pass on to the worker and the customer all the savings of labor-saving machinery and invention, rather than siphon them off into the pools of watered securities, it will by that process keep distribution and production in balance and go as far toward Utopia as our poor human natures will go or be driven.”

“My fellow Americans, I must speak to you tonight about a mounting danger in Central America that threatens the security of the United States. This danger will not go away it will grow worse, much worse, if we fail to take action now.”

“A second Homeland Security official has been arrested, a 49-year-old guy named Frank Figueroa, he was caught exposing and fondling himself to a teenage girl in a shopping mall in Florida. Do you realize? If Osama bin Laden was a 14-year old girl, we would have had him by now. ... Who is going to start protecting us from the Department of Homeland Security? ... It kind of makes you long for the good old wholesome days of the Clinton administration.”

“A young financial writer once brought ridicule upon himself by stating that a certain company had nothing to commend it except excellent earnings. Well, there are companies whose earnings are excellent but whose stocks I would never recommend. In selecting investments, I attach prime importance to the men behind them. I'd rather buy brains and character than earnings. Earnings can be good one year and poor the next. But if you put your money into securities run by men combining conspicuous brains and unimpeachable character, the likelihood is that the financial results will prove satisfactory.”

“Index funds are... tax friendly, allowing investors to defer the realization of capital gains or avoid them completely if the shares are later bequeathed. To the extent that the long-run uptrend in stock prices continues, switching from security to security involves realizing capital gains that are subject to tax. Taxes are a crucially important financial consideration because the earlier realization of capital gains will substantially reduce net returns.”

“It is our argument that a sufficiently low price can turn a security of mediocre quality into a sound investment opportunity - provided that the buyer is informed and experienced and he practices adequate diversification. For, if the price is low enough to create a substantial margin of safety, the security thereby meets our criterion of investment.”

“We are convinced that the intelligent investor can derive satisfactory results from pricing of either type (market timing or fundamental analysis via price). We are equally sure that if he places his emphasis on timing, in the sense of forecasting, he will end up as a speculator and with a speculator's financial results." And "The speculator's primary interest lies in anticipating and profiting from market fluctuations. The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.”

“You can't have the space for prosperity and success when you are obsessed with security. It is not possible to obtain unwavering security - physical, emotional, or economic - by having money. Keep in mind that security, like success, can be defined in many ways. If you focus less on how much your financial assets are worth, and more on what a creative and well-balanced individual you can be, security will take on a new meaning.”

“One is faced with a dilemma: If one places total trust in all other users, one is vulnerable to the antisocial behavior of any malicious user consider the case of viruses. But if one tries to be totally reclusive and isolated, one is not only bored, but one's information universe will cease to grow and be enhanced by interaction with others. The result is that most of us operate in a complicated trade-off zone with various arrangements of trust and security mechanisms.”