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Security Quotes

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Security Quotes

“In a free Government, the security for civil rights must be the same as that for religious rights. It consists in the one case in the multiplicity of interests, and in the other in the multiplicity of sects. The degree of security in both cases, will depend on the number of interests and sects; and this may be presumed to depend on the extent of country and number of People comprehended under the same Government.”

“Even with a margin of safety in the investor's favor, an individual security may work out badly. For the margin guarantees only that he has a better chance for profit than for loss - not that loss is impossible. But as the number of such commitments is increased the more certain does it become that the aggregate of the profits will exceed the aggregate of the losses.”

“The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.”

“Upon this point all speculative politicians will agree, that the happiness of society is the end of government, as all divines and moral philosophers will agree that the happiness of the individual is the end of man. From this principle it will follow that the form of government which communicates ease, comfort, security, or, in one word, happiness, to the greatest numbers of persons, and in the greatest degree, is the best. All sober inquirers after truth, ancient and modern, pagan and Christian, have declared that the happiness of man, as well as his dignity, consists in virtue.”

“I'm really bad with trolls because I have a lot of really intense friends who are not necessarily doing things so legally. If I get trolled, [my friends will send me] an email with the person's Social Security number, phone number, pictures of his family, his business, his spouse. I see this person in his totality, and I feel so bad. I shouldn't have that power.”

“Due to the major demographic changes we have gone through in the last few years in this country, we will be a majority/minority nation and there are a large number of people who do not like that. Donald Trump has tapped into those people's fears because he comes from the extreme right wing part of the Republican Party, as does Ted Cruz. They believe that we should cut taxes to wealthy Americans and enforce anti immigrant laws. They don't believe in Education or Social Security, they would end it and change it and privatize it.”

“Congressman [Richard ] Icord headed a House on American activities committee. It was called the House Internal Security Committee. And he put out a report, and he named a number of very destructive people who lectured at colleges and left arson in their wake and did other terrible things. And he mentioned me and he ascribed to me three organizations to which I'd never belonged, and I decided I would do something about this.”

“"Once there, always there", would give you less freedom than you recently enjoyed, but more security. Security not in the sense of safety from terrorists, burglars, or pickpockets... but security in the sense of knowing where you are, who you are, on what kind of future you can count, what will happen, whether you will preserve your position in society or whether you will be degraded and humiliated - this sort of security. This sort of security for many, many people - a rising number of people - looks at the moment more attractive than more freedom.”

“I am not sure that I know enough about the pre-history of 9/11 to agree or disagree. But I did think at the time that the [George W.] Bush administration took a number of cues from the Israeli government, not only by drawing on and intensifying anti-Arab racism, but by insisting that the attack on US government and financial buildings was an attack on "democracy" and by invoking "security at all costs" to wage war without a clear focus (why the Taliban?), and by suspending both constitutional rights and the regular protocol for congressional approval for declaring war.”

“The real number of the US' obligations, unfunded obligations that we're passing on to our future generates is more like $70 trillion to $75 trillion. The vast majority of that is health entitlements - Medicare, Obamacare, Medicaid. There's also Social Security, interest on the debt. But fundamentally, health entitlements are the thing that will bankrupt our kids. We need to fix that for the long-term.”

“There is no doubt that the Fed's large-scale asset purchases have caused major increases in a number of asset prices in the economy. This is especially true of mortgage backed securities and corporate bonds, and quite possibly of equities as well. For those people and institutions holding those things, the run up in prices has been a wealth bonanza.”