A Quote by Paul Wolfowitz
There's a lot of money to pay for this ... the oil revenues of that country could bring between $50 and $100 billion over the course of the next two or three years...We're dealing with a country that can really finance its own reconstruction, and relatively soon.
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Iraq is a very wealthy country. Enormous oil reserves. They can finance, largely finance the reconstruction of their own country. And I have no doubt that they will.
We've got the emPHAsis on the wrong sylLAble when it comes to crime in this country. The FBI says burglary and robbery cost U.S. taxpayers $3.8 billion annually. Securities fraud alone costs four times that. And securities fraud is nothing to the cost of oil spills, price-fixing, and dangerous or defective products. Fraud by health-care corporations alone costs us between $100 billion and $400 billion a year. No three-strikes-and-you're-out for these guys. Remember the S&L scandal? $500 billion.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
I enrolled to do a TAFE course on Indigenous Studies, and over the next two-and-a-half years of my course I learned so much about my people and my culture in a broader sense. It made me so proud of my Aboriginality and our history in this country, which dates back over 40,000 years.
Despite all the taxes people pay, there supposedly isn't any money in this country for art. Of course, this makes an artist ask himself: "Well, then, what are you doing with the 100 million I pay each year? What happened to that money?" And he doesn't get an answer.
If I were to leave and raise a venture fund, I would have to find 10 or 100 LPs. They would all give me a bunch of money, and I would take a percentage of that to pay myself. They would expect me to invest that over the next three years, and they want that money back in seven or eight years.
On top of that, illegal immigration costs our country more than $113 billion a year. And this is what we get. For the money we are going to spend on illegal immigration over the next 10 years, we could provide 1 million at-risk students with a school voucher, which so many people are wanting.
You, as a wage earner have to pay your taxes every year on your income for that year. So if you have a one-time windfall that makes you a lot money you could end up in the top tax bracket. But if you're a corporation you are allowed to reach forward with deferrals for years. Over a 45 to 50 year period, you can balance out the winning years and the losing years in such a way that you pay very little tax, especially considering the time-value of the money.
You could pay a fair market price for a barrel of oil and cut 50 cents a barrel or a dollar barrel off what you're going to pay Mexico and use that money and put it towards to the building a wall. If they don't like it, too bad we're go buy the oil.
If we could magically transport ourselves back to the young Earth, when it was only a billion years old or two billion years old or three billion years old or four billion years old, we wouldn't be able to survive. We would have a hard time surviving if we were transported to the time when dinosaurs were around.
I gladly, I voluntarily gave up the kind of commercial film career I had going as soon as I had enough money to finance my own films. I didn't make that money necessarily from the film business, but I eventually made a lot of money and that's what I do. Of course, I consider myself unbelievably fortunate, and I'm pretty content with my life.
Absent a lot of surprises, stocks are relatively predictable over twenty years. As to whether they're going to be higher or lower in two to three years, you might as well flip a coin to decide.
I have $100 billion... You realize I could spend $3 million a day, every day, for the next 100 years? And that's if I don't make another dime.
There's a book out called 'How Money Walks' written by Travis Brown. He's followed annual adjusted gross income from 1992 to 2011. Approximately $100 billion has moved to Florida from all over the country. Number two is Arizona. Where does it come from? It's come from New York; it's come from New Jersey; and it's come from California.
With a regular venture fund, you raise, let's say, a billion dollars, and then over the next three or four years, you've got to invest that money; otherwise, the people who invested with you will say, 'What are you doing? You're just collecting fees on our money.'
Over a period of 20 years, German reunification has cost 2 trillion euros, or an average of 100 billion euros a year. So, we have to ask ourselves: Aren't we willing to pay a tenth of that over several years for Europe's unity?
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