A Quote by Thomas Sowell
It is precisely those members of Congress who have had the most to do with creating the risks that led to the current economic crisis who are making the most noise against others, and summoning people before their committee to be browbeaten and humiliated on nationwide television.
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One intriguing subplot of the economic crisis is the failure of most economists to predict it. Here we have the most spectacular economic and financial crisis in decades - possibly since the Great Depression - and the one group that spends most of its waking hours analyzing the economy basically missed it.
The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.
Making Congress into a less crisis-driven institution starts with electing members of Congress who can take the long view.
In the 114th Congress, I had the privilege of serving on two of the most important Committees in the House of Representatives: the House Armed Services Committee and the Committee on Education and the Workforce.
Those who are the most devout, outstanding Unification Church members are they the most beautiful people externally or just so-so? Very often, those who have the features of an Idaho potato are the most loyal members of the Unification Church.
It is one of those problems of human nature, which may be noted down, but not solved; - although Ralph felt no remorse at that moment for his conduct towards the innocent, true-hearted girl; although his libertine clients had done precisely what he had expected, precisely what he most wished, and precisely what would tend most to his advantage, still he hated them for doing it, from the very bottom of his soul.
Everybody complains about pork, but members of Congress keep spending because voters do not throw them out of office for doing so. The rotten system in Congress will change only when the American people change their beliefs about the proper role of government in our society. Too many members of Congress believe they can solve all economic problems, cure all social ills, and bring about worldwide peace and prosperity simply by creating new federal programs. We must reject unlimited government and reassert the constitutional rule of law if we hope to halt the spending orgy.
Unfortunately, most of Congress has little to offer except making noise and knowing how to move up the bloated political chain.
Most US presidents since World War II have led military actions without a declaration of war by Congress, though most, if not all, have properly consulted and sought support from Congress. That is the wise thing to do.
Primitive superstition lies just below the surface of even the most tough-minded individuals, and it is precisely those who most fight against it who are the first to succumb to its suggestive effects.
To me, the #1 key to success is 'creating lasting positive change in yourself and others.' That is what is most rare, most difficult, and most valuable about leading people.
The most spiritual human beings, assuming they are the most courageous, also experience by far the most painful tragedies: but it is precisely for this reason that they honor life, because it brings against them its most formidable weapons.
I think that is a very important milestone in our economic history that the monetary policy is now determined through a committee process where there are both independent committee members and representation from the RBI.
The will of the people, moreover, practically means the will of the most numerous or the most active part of the people; the majority, or those who succeed in making themselves accepted as the majority; type people, consequently, may desire to oppress a part of their number; and precautions are as much needed against this as against any other abuse of power.
People are often most proud of precisely those things of which they should most be ashamed.
Most people give Kennedy a passing grade, a good grade on the Cuban Missile Crisis handling, but what they don't realize, if he had had strength, if he had showed strength before, there would never have been a Cuban Missile Crisis.
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