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Speculation Quotes

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Speculation Quotes

“Currency speculation-over a trillion dollars a day-is a tax-free activity. The notion of a tax on "day trades" or other speculative swaps was revived in recent years, but has been studiously ignored by all our purveyors of conventional economic wisdom. That is because we have been persuaded, against logic, and moral sense, that the institution that most needs our support these days is not society, nor the human community, but the global corporation.”

“While the earnings of a minority are growing exponentially, so too is the gap separating the majority from the prosperity enjoyed by those happy few. This imbalance is the result of ideologies which defend the absolute autonomy of the marketplace and financial speculation. Consequently, they reject the right of states, charged with vigilance for the common good, to exercise any form of control.”

“There is at this present juncture, a certain fermentation of mind, a certain activity of speculation and enterprise which if properly directed may be made subservient to useful purposes; but which if left entirely to itself, may be attended with pernicious effects.”

“Our conflict is not likely to cease so soon as every good man would wish. The measure of iniquity is not yet filled; and unless we can return a little more to first principles, and act a little more upon patriotic ground, I do not know when it will-or-what may be the issue of the contest. Speculation-peculation-engrossing-forestalling-with all their concomitants, afford too many melancholy proofs of the decay of public virtue; and too glaring instances of its being the interest and desire of too many, who would wish to be thought friends, to continue the war.”

“Solve all your problems through meditation. Exchange unprofitable religious speculations for actual God-contact. Clear your mind of dogmatic theological debris; let in the fresh, healing waters of direct perception. Attune yourself to the active inner Guidance; the Divine Voice has the answer to every dilemma of life. Through man's ingenuity for getting himself into trouble appears to be endless, the Infinite Succor is no less resourceful.”

“Steve Sailer gives us the real Barack Obama, who turns out to be very, very different - and much more interesting - than the bland healer/uniter image stitched together out of whole cloth this past six years by Obama's packager, David Axelrod. Making heavy use of Obama's own writings, which he admires for their literary artistry, Sailer gives the deepest insights I have yet seen into Obama's lifelong obsession with 'race and inheritance,' and rounds off his brilliant character portrait with speculations on how Obama's personality might play out in the Presidency.”

“Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has no tangible value, and so I would say that gold is a speculation. But because of my fear about the potential debasing of paper money and about paper money not being a store of value, I want some exposure to gold.”

“All the capital employed in paper speculation is barren and useless, producing, like that on a gaming table, no accession to itself, and is withdrawn from commerce and agriculture where it would have produced addition to the common mass It nourishes in our citizens habits of vice and idleness instead of industry and morality It has furnished effectual means of corrupting such a portion of the legislature as turns the balance between the honest voters whichever way it is directed.”

“A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.”

“The revelation of the secret of water will put an end to all manner of speculation or expediency and their excrescences, to which belong war, hatred, impatience and discord of every kind. The thorough study of water therefore signifies the end of monopolies, the end of all domination in the truest sense of the word and the start of a socialism arising from the development of individualism in its most perfect form.”

“Imaginary obstacles are insurmountable. Real ones aren't. But you can't tell the difference when you have no real information. Fear can create even more imaginary obstacles than ignorance can. That's why the smallest step away from speculation and into reality can be an amazing relief...The Reality Solution means: Do it before you're ready.”

“Though we [Humanists] take a strict position on what constitutes knowledge, we are not critical of the source of ideas. Often intuitive feelings, hunches, speculation, and flashes of inspiration prove to be excellent sources of novel approaches, new ways of looking at things, new discoveries, and new information. We do not disparage those ideas derived from religious experience, altered states of consciousness, or the emotions; we merely declare that testing these ideas against reality is the only way to determine their validity as knowledge.”

“Ever since men became capable of free speculation, their actions, in innumerable important respects, have depended upon their theories as to the world and human life, as to what is good and what is evil. This is true in the present day as at any former time. To understand an age or a nation, we must understand its philosophy, and to understand its philosophy we must ourselves be in some degree philosophers. There is here a reciprocal causation: the circumstances of men s lives do much to determine their philosophy, but, conversely, their philosophy does much to determine their circumstances.”

“You're free to speculate as you wish about the philosophical and allegorical meaning of the film—and such speculation is one indication that it has succeeded in gripping the audience at a deep level—but I don't want to spell out a verbal road map for 2001 that every viewer will feel obligated to pursue or else fear he's missed the point.”

“The people who are abroad are all those that have no religion, neither one based on speculation nor one received by tradition. Such are the extreme Turks that wander about in the north, the Kushites who live in the south, and those in our country who are like these. I consider these as irrational beings, and not as human beings; they are below mankind, but above monkeys, since they have the form and shape of man, and a mental faculty above that of the monkey.”

“As long as the problems of the poor are not radically resolved by rejecting the absolute autonomy of markets and financial speculation and by attacking the structural causes of inequality, no solution will be found for the world’s problems or, for that matter, to any problems.”

“The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs. Nothing sedates rationality like large doses of effortless money. After a heady experience of that kind, normally sensible people drift into behavior akin to that of Cinderella at the ball.”

“Any photograph has multiple meanings: indeed, to see something in the form of a photograph is to encounter a potential object of fascination. The ultimate wisdom of the photographic image is to say: “There is the surface. Now think – or rather feel, intuit – what is beyond it, what the reality must be like if it looks this way.’ Photographs, which cannot themselves explain anything, are inexhaustible invitations to deduction, speculation, and fantasy”

“True myths may serve for thousands of years as an inexhaustible source of intellectual speculation, religious joy, ethical inquiry, and artistic renewal. The real mystery is not destroyed by reason. The fake one is. You look at it and it vanishes. You look at the Blonde Hero-really look-and he turns into a gerbil. But you look at Apollo, and he looks back at you. The poet Rilke looked at a statue of Apollo about fifty years ago, and Apollo spoke to him. "You must change your life," he said. When the true myth rises into consciousness, that is always its message. You must change your life.”

“Sara Creasy is a new writer to watch, and Song of Scarabaeus is a novel to read and enjoy. . . . The biological speculation rings with truth and possibility, the terraforming-gone-wrong creates an environment of delicious creepiness, and Creasy's imaginatively-constructed universe draws the reader in, to follow Edie and Finn's quest for freedom.”

“There is a philosophy that says that if something is unobservable -- unobservable in principle -- it is not part of science. If there is no way to falsify or confirm a hypothesis, it belongs to the realm of metaphysical speculation, together with astrology and spiritualism. By that standard, most of the universe has no scientific reality -- it's just a figment of our imaginations.”