A Quote by Barney Frank

This bill is the legislative equivalent of crack. It yields a short-term high but does long-term damage to the system and it's expensive to boot. — © Barney Frank
This bill is the legislative equivalent of crack. It yields a short-term high but does long-term damage to the system and it's expensive to boot.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
If the short-term decisions you make damage the long term, you should resist those. But there are many short-term decisions that you need to make to be a successful manager.
Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long term yields, there are short term yields, there is credit growth.
Politicians and the government have become too interested in short-term gains. Of course, if you look at the direct financial returns in the short term, human space flight is expensive. But they need to look longer term.
Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.
Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.
The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.
Educate yourself, take the time to find out what is in a bill and how it will effect everything, and not just how it effects you in the short term, but what the long term consequences of a bill, law or legislations will have an everyone and every community, altimetry effecting you!
Britain can choose, as others are, short term fixes and more stimulus. Or we can lead the world with long-term solutions to long-term problems.
I want to take a long-term view. Being distracted by short term things can be dangerous when you are making cold, calm, long-term decisions.
Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
In the medium and long term. Spain is solvent and able to pay its high debts. In the short-term, we have the capacity to meet our obligations.
We don't really look at the stock, you know? Because for us, it's about the long term. And so we're very much focused on long-term shareholder value but not the short-term kind of stuff.
Young people, under the social contract, suggest a long term investment. What we have today is a government that believes that young people - since they are a long term investment - are a liability. This is system that only believes in short-term investments.
Unless you invest in people, you are not going to see growth in the long term, the medium term, and maybe even the short term.
I think there's a short-term legislative strategy. I think there's a longer-term legislative strategy in terms of enshrining net neutrality principles into law rather than a rule, and I think there's an election strategy.
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