Monday, October 22, 2012

Some Quotes Worth Posting

"Data worth pondering:
S&P 500 index:
1-20-93: 433.37
1-20-01: 1342.54
1-20-09: 805.22
Latest: 1432.84
Draw your own conclusions."
~Bruce Bartlett, former Reagan economic advisor

"ObamaCare. RomneyDon't." (Seen on a wall.)

"Mitt Romney was not a businessman; he was a master financial speculator who bought, sold, flipped, and stripped businesses. He did not build enterprises the old-fashioned way—out of inspiration, perspiration, and a long slog in the free market fostering a new product, service, or process of production. Instead, he spent his 15 years raising debt in prodigious amounts on Wall Street so that Bain could purchase the pots and pans and castoffs of corporate America, leverage them to the hilt, gussy them up as reborn “roll-ups,” and then deliver them back to Wall Street for resale—the faster the better. That is the modus operandi of the leveraged-buyout business, and in an honest free-market economy, there wouldn’t be much scope for it because it creates little of economic value." ~David Stockman, Director of Office of Management and Budget in Reagan White House

"Conservatism's mansion has many rooms, and all of them are padded." Charlie Pierce

"It's easier to fool people than to convince them that they've been fooled." ~Mark Twain

“What worries me is the idea that we’re in a vicious cycle. Increasing inequality means a weaker economy, which means increasing inequality, which means a weaker economy. That economic inequality feeds into political economy, so the ability to stabilize the economy gets weaker.” ~Joseph E. Stiglitz, Nobel Prize economist

"The traditional third-party mantra, "There's no significant difference between the major parties" amounts to saying: "The Republicans are no worse, overall." And that's absurd. It constitutes shameless apologetics for the Republicans, however unintended. It's crazily divorced from present reality." ~Daniel Ellsberg

"In the eight to twelve close-fought states -- especially Florida, Ohio, and Virginia, but also Colorado, Iowa, Michigan, Nevada, New Hampshire, North Carolina, Pennsylvania, Virginia and Wisconsin -- for any progressive to encourage fellow progressives and others in those states to vote for a third-party candidate is, I would say, to be complicit in facilitating the election of Romney and Ryan, with all its consequences." ~Daniel Ellsberg

“In the end the Party would announce that two and two made five, and you would have to believe it. It was inevitable that they should make that claim sooner or later: the logic of their position demanded it. Not merely the validity of experience, but the very existence of external reality, was tacitly denied by their philosophy.” ~George Orwell, 1984

"Many people think that Congress regulates Wall Street, but in fact it is Wall Street that regulates Congress. Virtually no piece of legislation can pass through Congress unless it has the okay from corporate America and big money interests."~Bernie Sanders, Independent, VT

"Let me warn you, and let me warn the nation, against the smooth evasion that says, 'Of course we believe all these things. We believe in social security. We believe in work for the unemployed. We believe in saving homes. Cross our hearts and hope to die, we believe in all these things! But we do not like the way the present administration is doing them....'" FDR

"I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country…. Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until the wealth is aggregated in a few hands, and the Republic is destroyed." ~Abraham Lincoln

"Every good citizen ought to do everything in his or her power to prevent the coming of the day when we shall see in this country two recognized creeds fighting one another, when we shall see the creed of the "Havenots" arraigned against the creed of the "Haves." -- Theodore Roosevelt, October 14, 1912

"Love how the GOP, after bringing the economy to the brink of ruin in 2008, are now acting like someone else farted." ~Andy Borowitz

"Those who stand for nothing fall for anything." ~Alexander Hamilton

"A national debt, if it is not excessive, will be to us a national blessing." ~Alexander Hamilton

"Constitutions should consist only of general provisions; the reason is that they must necessarily be permanent, and that they cannot calculate for the possible change of things." ~Alexander Hamilton

"War is God's way of teaching Americans geography." ~Ambrose Bierce

“The "Trickle-Down" Theory: the principle that the poor, who must subsist on table scraps dropped by the rich, can best be served by giving the rich bigger meals.” ~William Blum

"A President Romney would push legislation, sign it, reverse it, reinstate it, deny it was ever passed, veto it retroactively, then prosecute it aggressively." ~Pasquino

"Why is it that if you take advantage of a corporate tax break you're a smart businessman, but if you take advantage of something so you don't go hungry you're a moocher?" ~Jon Stewart

''You can say anything you want during a debate and 80 million people hear it. If reporters then document that a candidate spoke untruthfully, ''so what?'' ~Peter Teeley, press secretary to Vice President Bush, 1984

"If these stories are true these men are not bankers, they are banksters who rob the poor, drive the innocent to poverty and suicide and do infinite injury to those who honestly work and strive. Worse than that, they are traitors to our institutions and national ideas." ~Herbert Hoover, upon learning of the predatory practices of Wall Street bankers before, during and after the Crash of 1929.

“All that stuff I was taught about evolution and embryology and the Big Bang Theory, all that is lies straight from the pit of Hell. And it’s lies to try to keep me and all the folks who were taught that from understanding that they need a savior.” ~Congressman Paul Broun, Republican from Georgia, member of the House Science Committee

"Doubt is not a pleasant condition, but certainty is absurd." Voltaire

"The institution of slavery that the black race has long believed to be an abomination upon its people may actually have been a blessing in disguise. The blacks who could endure those conditions and circumstances would someday be rewarded with citizenship in the greatest nation ever established upon the face of the Earth.” ~Republican State Rep. Jon Hubbard of Jonesboro, Arkansas

"The good journalist must recognize in Fascism certain ancient virtues of the race, whether or not they happen to be momentarily fashionable in his own country. Among these are Discipline, Duty, Courage, Glory, Sacrifice." FORTUNE magazine, July 1934

"Our merchants and master-manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods both at home and abroad. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people." ~Adam Smith. The Wealth of Nations 1776

"People who dismiss the unemployed and dependent as ‘parasites’ fail to understand economics and parasitism. A successful parasite is one that is not recognized by its host, one that can make its host work for it without appearing as a burden. Such is the ruling class in a capitalist society.” ~Jason Read

"The moneyed elite in this country are dragging a bag filled with your future down the steps, and [the Republican base's] reaction is, 'Hold on there, that looks heavy. Let me give you a hand getting it into your trunk.'" ~Bill Maher

"Here's a guy who comes from a millionaire family, goes through elite schools, has all the breaks in life, and he is lecturing working families, people who are on Social Security and Medicare, about personal responsibility. Well, these are people, who in some cases have served in the military, defended our country, raised kids, worked 40 or 50 or 60 hours a week, they know life. They don't want to be lectured by some millionaire guy talking to his millionaire friends about personal responsibility." ~Senator Bernie Sanders on Mitt Romney

"My job is not to worry about those people. I'll never convince them that they should take personal responsibility and care for their lives." ~Mitt Romney

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