A Quote by Warren Buffett
Energy deregulation will be the largest transfer of wealth in history.
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Deregulation is a transfer of power from the trodden to the treading. It is unsurprising that all conservative parties claim to hate big government.
The physiological law of Transfer of Energy is the basis of human success and happiness. There is no action without expenditure of energy, and if energy be not expended the power to generate it is lost. This law shows itself in a thousand ways in the life of man. The arm which is not used becomes palsied. The wealth which comes by chance weakens and destroys. The good which is unused turns to evil. The charity which asks no effort cannot relieve the misery she creates.
The next great transfer of wealth WILL take place, not by conspiracy but by ignorance.
My policy on energy is... to make America the largest energy producer in the world. I think we can get there, in 10 or 15 years. That will bring back manufacturing of certain high-energy intensive industries. It'll bring back jobs. It'll create a surprising economic revitalization of this country.
History will never change because of politics or conquests or theories or wars; that's mere repitition, it's been going on since the beginning of time. History will only change when we are able to use the energy of love, just as we use energy of the wind, the seas, the atom.
Securing, not prohibiting, the orderly transfer of wealth from A to B, based on wealth differentials, is the raison d'être of the [New Deal programs]. The contrast between the modern progressive and classical liberal agendas could not be more explicit.
My heart goes out to victims and survivors of the Hurricane Katrina tragedy and to their families. This disaster will go down in history books as one of the largest natural disasters in U.S. history.
I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
Today, India's cooking gas subsidy is the world's largest Cash Transfer Programme.
Deregulation is a popular term that's used across the political spectrum. And it's one of these terms like "choice," that corporate interests have used because they know their focus-group buzzword testing makes it sound like a popular word. Because, who can be against deregulation? Being free, having liberty, not having someone tell you what to do, being deregulated, hey, that sounds great. But deregulation is a non sequitur in the realm of media policy or media regulation. The issue is never regulation versus deregulation; our entire system is built on media policies and subsidies.
The tar sands boom has become the world's largest energy project, the world's largest construction project, and the world's largest capital project.
If you check back through human history, you will find that three things, more than any others, have produced social transformation: violence, knowledge and wealth - and the greatest of these is wealth!
The transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of the transfer. The consequences of this breakthrough are hard to overstate.
'Freeing' a literary work into the public domain is less a public benefit than a transfer of wealth from the families of American writers to the executives and stockholders of various businesses who will continue to profit from, for example, 'The Garden Party,' while the descendants of Katherine Mansfield will not.
I understand the impact of those kinds of factors on job creation. I will have a very different policy. My policy on energy is to take advantage of coal, oil, natural gas, as well as our renewables, and nuclear - make America the largest energy producer in the world.
Innovative, bottom-up methods will solve problems that now seem intractable—from energy to poverty to disease. Science and technology, powered by the fuel of entrepreneurial energy, are the largest multipliers of resources we have to solve our many social problems.
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