A Quote by Andrew Mellon
Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high living will come down. People will work harder, live a more moral life. Values will be adjusted, and enterprising people will pick up from less competent people.
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Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate.
In Lebanon, there was an agreement not to liquidate Yasser Arafat. In principle, I'm sorry that we didn't liquidate him.
Values will be adjusted, and enterprising people will pick up the wrecks from less competent people.
New York as an industry is the best city for real estate. You're in a very transparent market. If you need to liquidate, you make three phone calls and you could sell something, even in the worst market. It is also less forgiving; if you make a mistake you can lose money.
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke. So the savings and loans went broke, the government stepped in, paid off depositors, and now they're left with this mass of assets to sell. We're not talking about selling here, we're talking about buying intelligently. They were selling what they got handed to them by a bunch of savings and loan operators that had in many cases had done some very dumb thing. But their job was to liquidate it. And they liquidated.
Let's liquidate all the atomic bases in Cuba and in the U.S. and we are in complete agreement with that.
It is fundamental to Socialism that we should liquidate the British Empire as soon as we can.
Aim high, but do not aim so high that you totally miss the target. What really matters is that he will love you, that he will respect you, that he will honor you, that he will be absolutely true to you, that he will give you the freedom of expression and let you fly in the development of your own talents. He is not going to be perfect, but if he is kind and thoughtful, if he knows how to work and earn a living, if he is honest and full of faith, the chances are you will not go wrong, that you will be immensely happy.
Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.
Since there is no orderly way to liquidate the federal debt, we must brace for a payment crisis.
The world is awash in more debt than there is money enough in the world to liquidate it.
As things get worse and the State seems powerless to help, the State will seem less and less legitimate. People will lose their moral connection to it. Laws will seem more like revenue traps and shakedowns. The state will start to seem more like another extortion racket, and, as in Mexico, people will have a harder time telling the good guys from the bad guys.
Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up.
I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.
It is a violation which has obsessed the tyrants of the twentieth century. They do not want simply to kill their opponents, but to liquidate them, to deny that they have ever existed.
If the church is what it should be, young people will be there. But they will not just 'be there' - they will be there with the blowing of horns and the clashing of high-sounding cymbals, and they will come dancing with flowers in their hair.
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