A Quote by Jim Costa
The financial report makes it very clear that if we got into honest budgeting today, that in fact we would find ourselves with a much larger deficit than we have today.
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Today, the Pope is only a religious figure. At the time of 'The Borgias,' he was also a political leader, a financial leader, and the head of an army. I think popes are much less relevant today than they were then.
The Farm Bill is one of the only bills that provides substantial deficit reduction that passed the Senate this year. It only makes sense that this deficit reduction bill would be included in a larger deficit reduction agreement.
I said we are going to balance an $11 billion budget deficit in a $29 billion budget, so by percentage, the largest budget deficit in America, by percentage, larger than California, larger than New York, larger than Illinois. And we're going to balance that without raising taxes on the people of the state of New Jersey.
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems.
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems
If you go back to Adam Smith, you find the idea that markets and market forces operate as an invisible hand. This is the traditional laissez-faire market idea. But today, when economics is increasingly defined as the science of incentive, it becomes clear that the use of incentives involves quite active intervention, either by an economist or a policy maker, in using financial inducements to motivate behavior. In fact, so much though that we now almost take for granted that incentives are central to the subject of economics.
When you look at February's (2011) deficit spending alone, and the fact that it was larger than what our total deficit spending was in 2007, the proposals that the Senate is sending us simply are ridiculous, because it's not even a solution. It doesn't address the amount of spending that we have in a week's time. We need to get serious.
Once the Eastern Bloc collapsed, what I call 'historical spontaneity' prevailed and the countries that were subject to Soviet control naturally gravitated to the West. That's where they sought their security; I don't think there was a way to avoid that. If we tried to exclude them, we would have today not one Europe, we would have three Europes: one in the West, one in the middle and one in the East, and the middle would be insecure and a tempting target. The insecurity felt [today] by Eastern Europe would be replicated on a much larger and more consequential scale.
When I'm doing more than one movie because it makes one not the end of the world. It makes me feel like, "Okay, I won. I had a victory on this one, today. And I lost on this one, today." I can keep going back-and-forth.
Just for today, SMILE a little more. Just for today, ask someone how he or she is really doing. Just for today, remember, while some may have it better than you do, there are others whom definitely have it worse than you! Just for today, just let go, just for today.
It's just very hard to teach a class of students about what has happened in the Global Financial Crisis, how we ended up there and how we got to where we are today, without having some basic, non-trivial understanding of the financial sector, credit, and the banking system.
I would say that today, dishonesty is the rule, and honesty the exception. It could be, statistically, that more people are honest than dishonest, but the few that really control things are not honest, and that tips the balance.
We're constantly, as human beings, trying to understand why we do what we do and how we got to wherever we find ourselves today. Sometimes it takes a lot of time to look back and go, 'I can't believe I spent one day with that person, much less two years.'
When you go back to the above names it was a very much narrower situation - the alternatives were far fewer. Today there is much more competition for the 'hero stakes'! And if you think about all the alternatives you have today to spend your time on, the pool of heroes is much broader. It was very much less back then.
You know that the population is of this planet is now ten times greater than it was in the ages preceding capitalism.; you know that all men today enjoy a higher standard of living than your ancestors did before the age of capitalism. But how do you know that you are the one out of ten who would have lived in the absence of capitalism? The mere fact that you are living today is proof that capitalism has succeeded, whether or not you consider your own life very valuable.
No greater blessing could come to our land today than a revival of the spirit of religion. I doubt if there is any problem in the world today -- social, political, or economic -- that would not find happy solution if approached in the spirit of the Sermon on the Mount.
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