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Security Quotes

“Last night, I had a telephone townhall for my constituents back in Vermont, and we had 11,500 people on it. And I had people on Social Security saying if getting fewer benefits will help us on the debt, they're for it. And I had a farmer saying that he's had subsidies for 35 years but we can't afford them anymore.”

“Ann Richards on How to Be a Good Republican: 1. You have to believe that the nation's current 8-year prosperity was due to the work of Ronald Reagan and George Bush, but yesterday's gasoline prices are all Clinton's fault. 2. You have to believe that those privileged from birth achieve success all on their own. 3. You have to be against all government programs, but expect Social Security checks on time.”

“It's about the girlfriend who left me last year. I tried to put all my anger in those words, even though I'm just as much to blame for the break-up. 'Soma' is based on the idea that a love relationship is almost the same as opium: it slowly puts you to sleep, it soothes you, and gives you the illusion of sureness and security. Very deceivable.”

“Individual security bargains may be located by the process of security analysis practically at any time. They can be bought with good overall results at all periods except when the general market itself is clearly in a selling range for investors. They show up to best advantage during the years in which the market remains in a relatively narrow and neutral area.”

“Though business conditions may change, corporations and securities may change, and financial institutions and regulations may change, human nature remains the same. Thus the important and difficult part of sound investment, which hinges upon the investor's own temperament and attitude, is not much affected by the passing years.”

“We were giving advice for the single-worst idea to come forward from a group that's been rife with them, it would be this: The idea is this: Let's make the tax code of America better for very rich people; let's give substantial tax relief to the richest people we can find. Forget about the person making $40,000 a year and paying Social Security payroll tax. Forget about all those other people paying income tax; we're here to give tax relief to the richest 2% of America.”

“Carl Friedrich Gauss, often rated the greatest mathematician of all time, played the market. On a salary of 1,000 thalers a year, Euler left an estate of 170,587 thalers in cash and securities. Nothing is known of Gauss's investment methods.”

“I was planning on writing a detailed review of several books on web security tonight, but the Obama collapse has superseded my best-laid plans. Here’s another open thread for this important topic, as America wrestles with the issue of whether it would be a good idea to elect a President with a 20-year history of associating with people who hate America.”

“I think it's time we had a President who will provide the only real economic security: good jobs. A President who will provide middle class payroll tax relief to get money in the pockets of workers who will spend it, not more tax giveaways for those at the top to stimulate the economy in the Cayman Islands and Bermuda. A President who will index the minimum wage to inflation and raise it from a 30 year low, not increase the tax burden on the middle class and those struggling to join it.”

“Wars results in immediate deaths and destruction, but the environmental consequences can last hundreds, often thousands of years. And it is not just war itself that undermines our life support system, but also the research and development, military exercises and general preparations for battle that are carried out on a daily basis in most parts of the world. The majority of this pre-war activity takes place without the benefit of civilian scrutiny and therefore we are unaware of some of what is being done to our environment in the name of 'security.”

“The greater part of our best years has been passed for our generation in these two great worldconvulsions. All will be changed after this war, which spends in one month more than nations earned before in yearsthere is no more security in our time than in those of the Reformation or the fall of Rome.”

“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.”

“The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.”

“I'm deeply grateful to live and work in this country and to the United States for opening its arms to me the way it has. I mean I think my attitude as an Aussie coming here - I've been coming here for a while now, I've been coming here for about 12 or 13 years - is that this country has afforded me and my family work and security. For that, I'm forever grateful.”

“The climate, financial and national security crises are all connected. They share the same cause: Our [the USA's] absurd dependency on foreign oil. As long as we need to spend billions of dollars each year to buy foreign oil from state-run oil companies in the Persian Gulf, our problems of a trade deficit, a budget deficit and a climate crisis will persist.”

“You can say what you want about all the guns in the country [the USA], all the drugs, all the crime, but we all know 400,000 people a year die of cigarette-related deaths. How many people died of drugs, guns, automobile accidents? You add them all together it doesn't come anywhere near that. Yet they let me smoke and get cancer, and they put me in jail for having drugs. What's going on? The government don't care. It's all about money and job security.”

“Why don't Republicans spend all their airtime attacking the media for lying about what Obama's amnesty does and what the Democrats are doing? It's hard to avoid concluding that Republicans aren't trying to make the right arguments. In fact, it kind of looks like they're intentionally throwing the fight on amnesty. If a Republican majority in both houses of Congress can't stop Obama from issuing illegal immigrants Social Security cards and years of back welfare payments, there is no reason to vote Republican ever again.”

“Malmo, with its 280,000 residents, is Sweden's third-largest city. To see a physician, a patient must go to one of two local clinics before they can see a specialist. The clinics have security guards to keep patients from getting unruly as they wait hours to see a doctor. The guards also prevent new patients from entering the clinic when the waiting room is considered full. Uppsala, a city with 200,000 people, has only one specialist in mammography. Sweden's National Cancer Foundation reports that in a few years most Swedish women will not have access to mammography.”

“My financial adviser Ric Edelman...thinks the time to start educating people about money is when they are children. He's set up a retirement plan called the RIC-E-Trust that can provide retirement security. A $5,000 one-time tax-deferred investment at birth, with an average interest rate of ten percent compounded, means that a child would have $2.4 million when he or she is 65 years old. Who needs Social Security with that kind of nest egg?”

“Democrats are channeling their frustration with America's imminent military victory in Afghanistan into hysterical opposition to reasonable national security measures at home. (Incidentally, this ought to prove once and for all what a bunch of paper tigers the Russians are. What were they doing over there for 10 years? It hasn't taken us 10 weeks.)”

“It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.”

“I do talk and think a lot about the legacy before me. I feel like if I didn't know that people had been in Montgomery sixty years ago trying to do similar things that I'm trying to do, with a lot less, with fewer resources, with less security, with less encouragement, with less opportunity - if I didn't know that, then I think doing what I do would be much, much harder.”

“I think that things were getting really very bad a couple of years ago, and there's been a very significant change in response to that on the part of the security forces and the government, but particularly the army. And you see Pakistan actually fighting terrorism and terrorists in a much more wholehearted way than had been occurring previously. It's not anywhere close to over yet, but you've seen a big change in the antiterrorism campaign here.”

“It ends a 40-year ban on exporting U.S. oil. It's changed - it's included in its cyber-security legislation - that says to private companies, hey, if you share with us your data on your cyber-attacks, your potential cyber-attacks, we'll give you liability protection. And they authorized a health care program for 9/11 responders for 75 years to cover the length of their lifespans.”