So I am skeptical about the argument that the subprime mortgage problem will contaminate the whole mortgage market, that housing construction will come to a halt, and that the economy will slip into a recession. Every step in this chain is questionable and none has been quantified. If we have learned anything from the past 20 years it is that there is a lot of stability built into the real economy.
Robert Lucas, Jr.Related topics
anything argument built chain housing market none past problem real recession slip stability step years subprimeRelated quotes
Actuality is when the lighthouse is dark between flashes: it is the instant between the ticks of the watch: it is a void interval slipping forever through time: the rupture between past and future: the gap at the poles of the revolving magnetic field, infinitesimally small but ultimately real. It is the interchronic pause when nothing is happening. It is the void between events.
George Kubler
The Lord commands us to do good unto all men without exception, though the majority are very undeserving when judged according to their own merits. But scripture here helps us out with an excellent argument when it teaches us that we must not think of man's real value, but only of his creation in the image of God to which we owe all possible honor and love.
John Calvin
It is no surprise to me that hardly anyone tells the truth about how they feel. The smart ones keep themselves to themselves for good reason. Why would you want to tell anyone anything that's dear to you? Even when you like them and want nothing more than to be closer than close to them? It's so painful to be next to someone you feel strongly about and know you can't say the things you want to.
Henry Rollins
In science it often happens that scientists say, 'You know that's a really good argument; my position is mistaken,' and then they would actually change their minds and you never hear that old view from them again. They really do it. It doesn't happen as often as it should, because scientists are human and change is sometimes painful. But it happens every day. I cannot recall the last time someting like that happened in politics or religion.
Carl Sagan
No one will ever be closer to you than your parents. And no one's heart will ache for you as much as a parent's does. Father and Mother are the only ones who care about you more than anything else in the world, the only ones who truly love you. In the world, many things can be found again, but you can't find another Father or another Mother. Parents sacrifice themselves, lighting our path...
Ephraim of Arizona