No one believes in God any more, but everyone believes in Bach
There may be a recession in stock prices, but not anything in the nature of a crash.
Stock prices have reached what looks like a permanently high plateau. I do not feel there will be soon if ever a 50 or 60 point break from present levels, such as (bears) have predicted. I expect to see the stock market a good deal higher within a few months.
Stocks have reached what looks like a permanently high plateau.
Our society will always remain an unstable and explosive compound as long as political power is vested in the masses and economic power in the classes. In the end one of these powers will rule. Either the plutocracy will buy up the democracy, or the democracy will vote away the plutocracy.
The effort of the economist is to "see," to picture the interplay of economic elements. The more clearly cut these elements appear in his vision, the better; the more elements he can grasp and hold in his mind at once, the better. The economic world is a misty region. The first explorers used unaided vision. Mathematics is the lantern by which what before was dimly visible now looms up in firm, bold outlines. The old phantasmagoria disappear. We see better. We also see further.
Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess
My feeling about executive bonuses is that any candidate for a chief executive job who even raises the issue of bonuses should be dismissed out of hand.
I didn't speak a single word of English when I was told that I was one of the lucky students been selected to go to study at the Houston Ballet Academy. I knew I had to study hard in every aspect, in both language and dance, which I did. I put my whole heart and soul into each minute of my day while in America and what an experience those six weeks gave me.
Anytime you interfere with a natural process, you're playing God. God determines what happens naturally. That means when a person's ill, he shouldn't go to a doctor because he's asking for interference with God's will. But of course, patients can't think that way.
It was used for decades to describe talented computer enthusiasts, people whose skill at using computers to solve technical problems and puzzles was - and is - respected and admired by others possessing similar technical skills.