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“Obama has demonstrated no desire to make tough choices. Americans demand a more efficient, effective government, but his budget calls for more taxes and more spending. It employs deceptive accounting gimmicks but does nothing to tackle long-term entitlement problems, nothing to save Medicare or fix Social Security.”

“I know that plenty of folks have issues with Social Security, but I'd urge them to confront it on its own terms. Calling it a Ponzi scheme is misleading and does more to cloud the issue than it does to illuminate it. And yes, I do know that unless changes are made, the current system is unsustainable. But that doesn't mean it's fraud.”

“To his lasting credit, President Reagan never wavered. He recognized the strategic importance of staying the course, both in terms of denying Moscow the military hegemony it sought in Western Europe and of restoring the will, cohesiveness, and security of the NATO alliance, so badly frayed during the turbulent 1970s.”

“All the real money in investment will have to be made as most of it has been in the past not out of buying and selling but out of owning and holding securities, receiving interests and dividends therein, and benefiting from their long-term increases in value. Hence stockholder's major energies and wisdom as investors should be directed toward assuring themselves of the best operating results from their corporations. This in turn means assuring themselves of fully honest and competent managements.”

“Our idealists must own that their velleity to abolish all suffering is most fully expressed in the Fifth Wisdom of Lamaism, the doctrine that teaches that "no durable happiness, nor yet security, for any sentient being can exist while others are a prey to suffering." That truth cannot be questioned and you may take it to heart: in practical terms it means we got ourselves born on the wrong planet - in the wrong universe.”

“The smaller man approaching our modern banking system, which controls all issue of credit and therefore pretty well all our industrial and commercial activities, is not what the controllers of that credit call "interesting." He borrows with difficulty and upon high terms, and must pledge security out of all proportion to that which his richer rival has to put down.”

“My favorite term for a new kind of performance is "security theater." In this genre, we watch as ritualized inspections and patdowns create the illusion of security. It's a form that has become common since 9/11, and even the government agencies that participate in this activity acknowledge,off the record, that it is indeed a species of theater.”

“Development is a fundamental part of our national security. It is extreme poverty - the realities of access to water and food - which creates the long-term drivers of our insecurity. Most wars are fought over scarce resources, and that is going to accelerate in the future.”