A Quote by Rick Santelli

I believe there's only one regulation in life that works: failure. — © Rick Santelli
I believe there's only one regulation in life that works: failure.
We will all fail in life, but nobody has to be a failure. Failing at a thing doesn't make you a failure. You are only a failure when you quit trying.
But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.
Life is so fresh, life is every day so new if we are fighting, only for the best. Sometimes I think the only real satisfaction in life is failure, failure in your endeavor to do your best.
There is no possibility of failure because you only control your actions and they only influence the probable evolution of your life over stochastic future paths. There is no failure, only feedback.
We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.
I hold that we have a very imperfect knowledge of the works of nature till we view them as works of God,— not only as works of mechanism, but works of intelligence, not only as under laws, but under a Lawgiver, wise and good.
I like challenges and I don't believe in failure. I don't believe in regrets. I believe suffering, failure - all those concepts - are things that are absolutely necessary to make us the best people that we can be, the best at whatever we want to do.
With less regulation, I think you would see growth come back. Of course, there are situations where you need regulation. Antitrust regulation, for example, is a good idea because you want competition. But beyond that, it gets very difficult.
The only real failure in life is the failure to try.
As a conservative myself that, you know, generally I would have a point of view that less regulation is better than more regulation, but less regulation shouldn't supersede a tax on the fundamentally important institutions that sustain a democratic republic.
The true confessors have been aware that not only is life mostly failure, but that in one's failure or pettiness or wrongness exists the living drama of the self.
It's clear that there has to be some play between the vitality of invention in economic life and some regulation of it, and in some ways the great ideological wars of the 20th century that cost so many lives had to do with whether to have managed economies directed by government or economies directed by the free movement of capital, which is only partially subject to government regulation.
If failure is not an option, neither is success. Innovation is just repeated failure till you come up with something that works.
I believe that God is making all things new. I believe that Christ overcame death and that pattern is apparent all through life and history: life from death, water from a stone, redemption from failure, connection from alienation. I believe that suffering is part of the narrative, and that nothing really good gets built when everything's easy.
If you bound the arms and legs of gold-medal swimmer Michael Phelps, weighed him down with chains, threw him in a pool and he sank, you wouldn't call it a 'failure of swimming.' So, when markets have been weighted down by inept and excessive regulation, why call this a 'failure of capitalism'?
Yet the basic fact remains: every regulation represents a restriction of liberty, every regulation has a cost. That is why, like marriage (in the Prayer Book's words), regulation should not "be enterprised, nor taken in hand, unadvisedly, lightly, or wantonly"
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