A Quote by Howard Lutnick
Our whole lives, did any of us actually think a quarter of a percent was actually an interest rate?
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Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.
When we ignore the prostituted child, we actually lend our hand to their abuse. When we ignore the widow and the orphan in their distress, we actually add to their pain. When we ignore the slave who remains captive, it's us who is entrapping them. When we forget the refugee, it's actually us who is displacing them. When we choose not to help the poor and the needy, we actually rob them. Perhaps the only fair thing to say is that when we forsake the lives of others, we actually forsake our own.
If you actually are a doctor and admitted it, you'd say, 'I don't cure a huge percentage, I don't have a 50 percent cure rate ... but I can have a 100 percent compassion rate'.
It does not stand to give banks millions of dollars at an interest rate of one percent, when banks charge students an interest rate of 6 percent. Why should the banks be scalping students?
God has plans and purposes for each of our lives. But the beauty is that He doesn't call us and leave us on our own. Jesus actually lives in us to pull off the amazing things that He has invited us into.
There is no love, there is only the lie we tell ourselves that things are more important than they actually are, that our lives will have meaning beyond all the other lives that have come before us and been forgotten, that there is hope in any of this.
I'm going to create tremendous jobs. And we're bringing GDP from, really, 1 percent, which is what it is now, and if Hillary Clinton got in, it will be less than zero. But we're bringing it from 1 percent up to 4 percent. And I actually think we can go higher than 4 percent. I think you can go to 5 percent or 6 percent.
When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only an intermediary instrument.
For any economy, there are two basic factors determining how many jobs are available at any given time. The first is the overall level of activity - with GDP as a rough, if inadequate measure of overall activity - and the second is what share of GDP goes to hiring people into jobs. In terms of our current situation, after the Great Recession hit in full in 2008, US GDP has grown at an anemic average rate of 1.3 percent per year, as opposed to the historic average rate from 1950 until 2007 of 3.3 percent.
We did do the whole of the live suite from 'Fly From Here,' and that was very enjoyable to do. In fact, that is actually our longest piece of music, I think, that we'd ever done.
Christianity is actually "true Truth," as Francis Schaeffer used to put it. God really does exist, Heaven actually is real (along with Hell), Jesus really did live and He did the things the historical records - the Gospels - say He did, the resurrection of Christ really happened, and there really is hope each of us can count on for "the kind of perfect world our hearts have always longed for."
The black unemployment rate has to be twice that of the white rate in the US. If the national unemployment rate were 6.8 percent, everyone would be freaking out. We ought to not take too much solace in the 6.8 percent, but ask ourselves what can we do to bring that down to white rates, which are below 4 percent now. Some of that has to do with education, but that's just part of the story. You find that those unemployment differentials persist across every education level. I think it means pushing back on discrimination and helping people who can't find work get into the job market.
As a beneficiary of the carried interest loophole, I've seen firsthand the lack of any difference between the work involved in generating a carried interest and the work done by millions of other professionals who are taxed at the full 35 percent rate.
Great people in the United States have been disenfranchised.I'll give you an example, it has always been the way to do it, to work hard, save your money, put your money in the bank, get interest on your money and retire wealthy, at least modestly wealthy. Well, the people that have done that have been hurt terribly because there is no interest on your money. You get no money. I just signed for some CDs where you are getting a quarter of one percent. A quarter of one percent! They don't even want your money, the banks.
James Comey had nine interactions with Bob Mueller after the Donald Trump's election. And in none of those, Comey testified, did he express any interest, concern, about what the Russians did, how they did it, how do we prevent it. He continuously has in fact denigrated the whole idea and dismissed that it was the Russians, and apparently hasn't yet accepted the 100-percent consensus of everybody that knows about this that this was a conscious and deliberate effort on their part to attack our democracy.
First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.
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