A Quote by Adair Turner, Baron Turner of Ecchinswell
The richer people, when they get another $100,000, or another million, or 10 million, don't tend to spend it as much as the poorer people would if they got another $100 or $1,000 or $5,000. All the empirical evidence suggests that the rich tend to consume a lower proportion of income than middle and lower-income people.
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For me, as I suspect for most people, there comes a point where you have enough. If you've got £20 million, why keep going until you've got £100 million or £1,000 million? Does anyone need another vast yacht or private jet or a house full of gold?
Jeff Sachs has the Millennium Villages. He spends $2.5 million in one village. It's an absolutely ridiculous model, because I've said that if you gave me $2.5 million, I can train 100 grandmothers, solar electrify 100 villages - 10,000 houses - and save you 100,000 litres of kerosene.
Cutting taxes for very high income people an average of more than $100,000 a year for people that make more than a million dollars a year is not an effective way to get the economy going.
The earth's history over the past several million years is that for every 100,000 years, we go through a dramatic climatic cycle where we get 90,000 years of ice age and 10,000 years of a warm period. I think people today just have the expectation that we deserve a perfectly benign climate forever.
There were 14,000 people at the rally for the president in Ohio. There were another 8,000 people in Virginia. If all 22,000 of those people opened their wallets and gave $1,000 each, that would be less than one donation from a billionaire to the super PACs. And that's why he's in for the fight of his life.
America is a nation of 270 million people: 100 million of them are gangsters, another 100 million are hustlers, 50 million are complete lunatics, and every single one of us is secretly in show business. Isn't that fabulous?
Cows provide approx 100 million tonnes of dry dung a year costing Rs 5000 crores which saves 50 million tonnes of firewood which again means that many trees saved and more environmental damage prevented. It is calculated that if these 73 million animals were to be replaced, we would need 7.3 million tractors at the cost of 2.5 lac each which would amount to an investment of 180,000 crores. In addition 2 crore, 37 lakh and 50 thousand tonnes of diesel which would mean another 57,000 crore rupees. This is how much we owe these animals, and this is what we stand to lose by killing them.
A few years ago, they [Neandertals] were thought to be ancestral to anatomically modern humans, but now we know that modern humans appeared at least 100,000 years ago, much before the disappearance of the Neandertals. Moreover, in caves in the Middle East, fossils of modern humans have been found dated 120,000-100,000 years ago, as well as Neandertals dated at 60,000 and 70,000 years ago, followed again by modern humans dated at 40,000 years ago. It is unclear whether the two forms repeatedly replaced one another by migration from other regions, or whether they coexisted in some areas
A NASA-funded study estimates that if the price of a ticket to space approached $100,000, close to a million people would buy one. That's a $100 billion industry. Microsoft cofounder Paul Allen gave me $20 million in startup funding to go after that market.
The question that motivates my research is, if we can put a man on the Moon with 100,000 [people], what can we do with 100 million?
I'd rather have 100,000 people who really get what I'm doing and like it for what it is than a million who can take it or leave it.
When President Nixon declared war on drugs on June 17, 1971, about 110 people per 100,000 in the population were incarcerated. Today, we have 2-3 million prisoners: 743 people per 100,000 in the population. The U.S. has 5% of the world's population, but 25% of its prisoners. As Senator Jim Webb once put it, Either we are home to the most evil people on earth or we are doing something different and vastly counterproductive.
The people and the mindset that killed 3,000 of our fellow citizens on September 11 2001, would have killed not 3,000, but 300,000 if they could have or 3 million or 30 million. We need to do everything we can within our value systems and legal structures to make sure that doesn't happen.
We look in... Germany for a superstar. We began with 10,000 people, which applied. From these 10,000, 100 was selected. The jury is unbelievably competent.
We shouldn't forget about the over 100,000, in fact some estimates place it in excess of one million, the over 100,000 innocent Iraqi men, women and children and babies who've died horrible violent deaths because of George Bush's war.
I don't know if a pro wrestling career prepares you for Hollywood. When you get out there, and you're in an arena for 20,000 people or 90,000 people, it's a lot different than being on a quiet set with 100 people, so I think you get used to dealing with cameras.
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