A Quote by Ernst Happel
Greenspan's policies have created huge amounts of wealth for Arizona.
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Bitcoin is absolutely the Wild West of finance, and thank goodness. It represents a whole legion of adventurers and entrepreneurs, of risk takers, inventors, and problem solvers. It is the frontier. Huge amounts of wealth will be created and destroyed as this new landscape is mapped out.
The Fed needs an approach that consolidates the gains of the Greenspan years and ensures that those successful policies will continue - even if future Fed chairmen are less skillful or less committed to price stability than Mr. Greenspan has been.
Governor Jan Brewer and the Arizona legislature have created an environment in Arizona where performing is no longer a neutral act. They have created an environment where they can convert the normal commercial interaction between artists and their fans into the means to apply this racist law.
There's huge amounts of nonsense that goes with everything surrounding music and art. All the things you have to do promote yourself - there's huge amounts of nonsense.
This priesthood became a closed group, able to control enormous wealth and incomes, and concerned very largely with the study of the solar and astronomical periodicities on which there influence was originally based. With the surplus thus created, the priesthood was able to command human labor in huge amounts and to direct this labor from the simple tillage of the peasant peoples to the diversified and specialized activities that constitute civilized living.
There's no huge mystery. If you dig up huge amounts of carbon, huge amounts of ancient biology, hundreds of millions of year's worth of ancient biology, and flush it into the atmosphere in a matter of decades, then it stands to reason that we're going to have enormous effects, and now we can see those effects all around us.
We have some of the smartest businessmen in India, who have created huge wealth.
I never had huge amounts of money when I was young. I had huge amounts of fame, and I always had the sense of labor and recompense. I always said I don't want to work for pay, but I want to get paid for my song.
What's happened with society is that we have created these devices, computers, which already can register and process huge amounts of information, which is a significant fraction of the amount of information that human beings themselves, as a species, can process.
Ronald Reagan in the US was not a particularly popular president, but after his death sectors of wealth and power created a huge propaganda campaign that converted this disgraceful figure into a semi-divinity.
Meat production is one of the leading causes of climate change because of the destruction of the rainforest for grazing lands, the massive amounts of methane produced by farm animals and the huge amounts of water, grain and other resources required to feed animals.
For the last several decades, there was a prevailing belief among traditional economists that the markets were rational and self-correcting. Alan Greenspan advocated this view. But the 2008 financial crisis showed that this view is incorrect, and Greenspan eventually admitted as much.
This is where I think policies do need to be somewhat race-specific, is making sure that institutions are not discriminatory. So you've got something like the FHA [Federal Housing Administration], which was on its face a universal program that involved a huge mechanism for wealth accumulation and people entering into the middle class.
When the former Fed chairman was in, Alan Greenspan was in, there was a saying back in those days that you called the 'Greenspan put.' Any time the treasury secretary - for the Fed chairman - said something, the market saw that as good news, and it took off.
And by the way, I would not only reappoint Greenspan; if Greenspan would happen to die, God forbid, I would do like they did in the movie 'Weekend at Bernie's.' I would prop him up and put a pair of dark glasses on him.
We have huge national security issues in this country, and the United States Senate ought to be pushing President [Barack] Obama towards the proper policies that right now are a complete disaster based on his policies.
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