Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point and that point is supposed to be the same irrespective of the interim fluctuations. Instead, as I told Congress, financial markets behaved more like a wrecking ball, swinging from country to country and knocking over the weaker ones. It is difficult to escape the conclusion that the international financial system itself constituted the main ingredient in the meltdown process.
George SorosRelated topics
ball conclusion congress country equilibrium escape ingredient interim international knocking main ones pendulum point process response rest swinging swing system tell wrecking meltdownRelated quotes
On the justification for the war, it wasn't related to finding any particular weapon of mass destruction. In our judgment, it was much more fundamental. It was the removing of a regime that was hostile, that clearly had the intention of constructing weapons systems. ... I think, frankly, that everybody knew the post-war situation was probably going to be more difficult than the war itself. Canada remains alienated from its allies, shut out of the reconstruction process to some degree, unable to influence events. There is no upside to the position Canada took.
Stephen Harper
Modern man, seeking a middle position in the evaluation of sense impression and thought, can, following Plato, interpret the process of understanding nature as a correspondence, that is, a coming into congruence of pre-existing images of the human psyche with external objects and their behaviour. Modern man, of course, unlike Plato, looks on the pre-existent original images also as not invariable, but as relative to the development of a conscious point of view, so that the word "dialectic" which Plato is fond of using may be applied to the process of development of human knowledge.
Wolfgang Pauli
Parliament is not a congress of ambassadors from different and hostile interests which interests each must maintain, as an agent and advocate, against other agents and advocates but parliament is a deliberative assembly of one nation, with one interest, that of the whole where, not local purposes, not local prejudices ought to guide, but the general good, resulting from the general reason of the whole. You choose a member indeed but when you have chosen him, he is not a member of Bristol, but he is a member of parliament.
Edmund Burke
Of the various executive abilities, no one excited more anxious concern than that of placing the interests of our fellow-citizens in the hands of honest men, with understanding sufficient for their stations. No duty is at the same time more difficult to fulfil. The knowledge of character possessed by a single individual is of necessity limited. To seek out the best through the whole Union, we must resort to the information which from the best of men, acting disinterestedly and with the purest motives, is sometimes incorrect.
Thomas Jefferson
The point of terrorism is to cause terror, sometimes to further a political goal and sometimes out of sheer hatred. The people terrorists kill are not the targets; they are collateral damage. And blowing up planes, trains, markets or buses is not the goal; those are just tactics.
The real targets of terrorism are the rest of us: the billions of us who are not killed but are terrorized because of the killing. The real point of terrorism is not the act itself, but our reaction to the act.
And we're doing exactly what the terrorists want.
Bruce Schneier
