Wimps go up to rebound with one hand, not two.
Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.
We go forward with our heads held high, but look back and remember where we come from.
What do the 5%, or the 1% actually use their money for? They lend it back to the economy at large, they load it down with debt. They make their money by lending to the bottom 95%, or the bottom 99%. When you give them more after-tax income, it enables them to buy even more control of government, even more control of election campaigns. They're not going to spend this money back into the goods-and-services economy.
The one sure mark of a con, though, is the promise of free money.
So we are in for years of debt deflation. That means that people have to pay so much debt service for mortgages, credit cards, student loans, bank loans and other obligations that they have less to spend on goods and services. So markets shrink. New investment and employment fall off, and the economy is falls into a downward spiral.
The most serious problems lie in the financial sphere, where the economy's debt overhead has grown more rapidly than the 'real' economy's ability to carry this debt. [. . . ] The essence of the global financial bubble is that savings are diverted to inflate the stock market, bond market and real estate prices rather than to build new factories and employ more labor.
People are always more encouraged when we share how God's grace helped us in weakness than when we brag about our strengths.
Touch his head, and he will bargain and argue with you to the last; Touch his heart, and he falls upon your breast.
Well, there is no question that we have evidence and information that Iraq has weapons of mass destruction, biological and chemical particularly. . . all this will be made clear in the course of the operation, for whatever duration it takes.
A soul that makes virtue its companion is like an over-flowing well, for it is clean and pellucid, sweet and wholesome, open to all, rich, blameless and indestructible.