A Quote by Peter Navarro
The basic problem is for a congressman or a president to get elected, they need obscene amounts of money. And the only place you can get obscene amounts of money is from Wall Street and the big corporations who benefit from shipping our jobs and our factories overseas - that's the fundamental political problem.
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I imagine like most of us that I'd like obscene amounts of money but the people I met and worked with who have those obscene amounts of money and have obscene amounts of fame have awful lives. Really. I mean hideously compromised lives.
I imagine like most of us that I'd like obscene amounts of money but the people I met and worked with who have those obscene amounts of money and have obscene amounts of fame have awful lives. Really. I mean hideously compromised lives. And I can go anywhere. No one knows who I am.
I never minded George Steinbrenner spending obscene amounts of money to put the best product on the field.
The closest I get to any sort of 'designer' items would probably be my weakness for jeans - they don't have to be any particular brand, but I'm willing to do almost anything, go anywhere, spend obscene amounts of money for that elusive 'perfect pair.'
There is a reason why these people [from Wall Street] are putting huge amounts of money into our political system. And in my view, it is undermining American democracy and it is allowing Congress to represent wealthy campaign contributors and not the working families of this country.
When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.
We don't hear our president [Barack Obama] talking about the need for high-quality jobs for everybody, giving it priority, not just giving a speech in Detroit. That's fine, but speaking to Tim Geithner, speaking to Larry Summers. When are you going to make jobs, jobs, jobs a priority rather than Wall Street, Wall Street, Wall Street a priority? That's what I'm concerned about.
I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.
During the 2005 Bush tax holiday, corporations didn't bring back the billions they stashed overseas to build new factories, increase wages, or create more jobs. The lion's share of that windfall went to CEO raises and stock buybacks for investors on Wall Street.
The opening of the Frontier is not an engineering problem. It is not a money problem. It is a challenge to our ability to decide to make it happen and to think and act the right way to get the results we want, we need, we demand.
I see the war problem as an economic problem, a business problem, a cultural problem, an educational problem - everything but a military problem. There's no military solution. There is a business solution - and the sooner we can provide jobs, not with our money, but the United States has to provide the framework.
The total amount of money that Wall Street handed out in bonuses last year was double the total income of ALL full-time minimum wage workers. That's obscene.
Business leaders, labor unions, governors, mayors, congressmen and presidents have all complained about a lack of funding for years, but aside from a one-time cash infusion from the stimulus program, nothing much has changed. There is still no consensus on how to solve the problem or where to get the massive amounts of money needed to fix it, just another example of political paralysis in Washington.
To get our economy back on track and keep it functioning properly without the problems of our financial institutions, we need reasonable regulations that will protect Main Street while at the same time allow Wall Street to do what it does best - make money for American investors.
Our misery comes, not from work, but by our getting attached to something. Take for instance, money: money is a great thing to have, earn it, says Krishna; struggle hard to get money, but don't get attached to it. So with children, with wife, husband, relatives, fame, everything; you have no need to shun them, only don't get attached. There is only one attachment and that belongs to the Lord, and to none other.
We've always actually been remarkably commercially successful. Not in terms of making huge amounts of money, which we rarely do, but in terms of not losing money and making modest amounts of money. We're actually strangely consistent in that respect.
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