A Quote by Barack Obama
I think our basic principle that this is a free market system and that that has worked for us, that it creates innovation and risk taking, I think that's a principle that we've gotta hold to as well. But what I don't wanna do is get bottled up in a lot of ideology and is this conservative or liberal. My interest is finding something that works.
Related Quotes
In comparison to the U.S. health care system, the German system is clearly better, because the German health care system works for everyone who needs care, ... costs little money, and it's not a system about which you have to worry all the time. I think that for us the risk is that the private system undermines the solidarity principle. If that is fixed and we concentrate a little bit on better competition and more research, I think the German health care system is a nice third way between a for-profit system on the one hand and, let's say, a single-payer system on the other hand.
I think that the principle of the Conservative Party is jealousy of liberty and of the people, only qualified by fear; but I think the principle of the Liberal Party is trust in the people, only qualified by prudence.
If someone thinks of something, some new innovation that benefits us all, and the market works properly, they get richly rewarded for that, and that's just terrific, and that creates inequality.
Americans have always pursued our dreams within a free market that has been the engine of our progress. It's a market that has created a prosperity that is the envy of the world, and rewarded the innovators and risk-takers who have made America a beacon of science, and technology, and discovery. But the American economy has worked in large part because we have guided the market's invisible hand with a higher principle - that America prospers when all Americans can prosper. That is why we have put in place rules of the road to make competition fair, and open, and honest.
Although there are some parallels to the problems that we're seeing now and what we say back in the '30s, no period is exactly the same. For us to simply recreate what existed back in the '30s in the 21st century, I think would be missing the boat. We've gotta come up with solutions that are true to our times and true to this moment. And that's gonna be our job. I think the basic principle that government has a role to play in kick starting an economy that has ground to a halt is sound.
The negative principle negates. The positive principle creates. The negative principle doubts. The positive principle believes. The negative principle accepts defeat. The positive principle goes for victory.
There is always some basic principle that will ultimately get the Republican party together. If my observations are worth anything, that basic principle is the cohesive power of public plunder.
What we have at present is a system of loss socialism. Whatever goes wrong is shouldered by the general public and anything that works is privatised. Worshippers of market freedom have suspended the most important economic principle: Risk and liability go hand in hand.
If we analyse the supernova data by assuming the Copernican principle is correct and get out something unphysical, I think we should start questioning the Copernican principle…. Whatever our theoretical predilections, they will in the end have to give way to the observational evidence.
I think that we are right now - the society - is living in the Facebook era and the political system is still in the 19th century prior to the Industrial era. Why for God's sake do you need to be socially liberal and economically conservative? Or to be economically market-oriented but at the same time socially, extremely conservative? Why can't you be free in both dimensions?
I've done a lot of living and a lot of adventuring and I think that's very healthy, ya know. And I think everybody should adventure life 'cos that's what life is, it's for adventuring. You gotta know what you wanna do with your life. And you gotta know when you have something special and you don't wanna blow it.
Mankind is at its best when it is most free. This will be clear if we grasp the principle of liberty. We must recall that the basic principle is freedom of choice, which saying many have on their lips but few in their minds.
Market risk is like taking a plunge into a cool pool ... a lot of people are finding out right now what their risk tolerance is.
In a capitalist system, there's a principle that if you invest, especially in a long-term risky investment, if something comes out of it, you're supposed to get the profit. It doesn't happen in our system. The taxpayer paid for it and gets nothing - assumes all of the risk, gets zero. The money goes into the pockets of Bill Gates and Steve Jobs, who are ripping off decades of work in the public sector.
We tend to think of innovation as difficult, but with the creative use of The 80/20 Principle innovation can be both easy and fun!
I think that cancer is a life form that exists out there, and it exists in us. I think even the concept of healing is a spiritual principle that we have to really look at. I think the word itself is something we ought to get rid of, because it implies that there is illness - that there is something wrong.
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