A Quote by Thomas Frank

Money never seems to be interested in strengthening regulatory agencies, for example, but always in subverting them, in making them miss the danger signs in coal mines and in derivatives trading and in deep-sea oil wells.
Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities.
I'll oil wells love you. I'll oil wells care. I'll oil wells need you. I want you oil wells dear.
I think in the end, you know, we're just addicted to oil. We've got to overcome that addiction, and we need some serious accountability of big oil, because big oil, like so much of big businesses, has just colonized our government, colonized the regulatory agencies so we can't impose any kind of accountability on them.
It seems superfluous to constrain trading in some of the newer derivatives and other innovative financial contracts of the past decade. The worst have failed; investors no longer fund them and are not likely to in the future.
Don’t ever average losers. Decrease your trading volume when you are trading poorly; increase your volume when you are trading well. Never trade in situations where you don’t have control. For example, I don’t risk significant amounts of money in front of key reports, since that is gambling, not trading.
The signs that presage growth, so similar, it seems to me, to those in early adolescence: discontent, restlessness, doubt, despair, longing, are interpreted falsely as signs of decay. In youth one does not as often misinterpret the signs; one accepts them, quite rightly, as growing pains. One takes them seriously, listens to them, follows where they lead. ... But in the middle age, because of the false assumption that it is a period of decline, one interprets these life-signs, paradoxically, as signs of approaching death.
The communications industry has been tremendously successful, but we need to build the railroads and the oil wells and the gold mines of space.
I sometimes compare my brainstorming on paper to the drilling of oil wells. The only way to strike oil is to drill a lot of wells.
We survey companies and ask them what the barriers to export and import are. Once we map these barriers, we sit down with the companies on one side and the government and regulatory agencies on the other and help them identify obstacles to trade and what has to be done to tackle them.
The enemy aggressor is always pursuing a course of larceny, murder, rapine, and barbarism. We are always moving forward with high mission, a destiny imposed by the deity to regenerate our victims while incidentally capturing their markets, to civilize savage and senile and paranoidal peoples while blundering accidentally into their oil wells or metal mines.
I was an athlete growing up and I miss that. I miss hanging out with dudes and making raunchy jokes and telling stories, trading details, you know? There's something I really miss about that.
Few men during their lifetime comes anywhere near exhausting the resources dwelling within them. There are deep wells of strength that are never used.
With deep men, as with deep wells, it takes a long time for anything that falls into them to hit bottom. Onlookers, who almost never wait long enough, readily suppose that such men are callous and unresponsive--or even boring.
Few men during their lifetime come anywhere near exhausting the resources dwelling within them. There are deep wells of strength that are never used.
In contrast [to trees and fish], oil, metals, and coal are not renewable; they don't reproduce, sprout, or have sex to produce baby oil droplets or coal nuggets.
I don't miss scenes at all the way that I used to miss them when I was younger making a film. It's actually quite fun to get rid of them now.
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