Imagi-Natives advice on:
0 0
Daily Needs
Mind Needs
 Learn Quotes (5026)
 Imagine Quotes (1920)
Plan Quotes (1667)
 Focus Quotes (2126)
Persist Quotes (5305)
 Evolve Quotes (1504)
Progress Quotes (290)
 General Quotes (296)
Body Needs
 Health Quotes (567)
 Exercise Quotes (413)
 Grooming Quotes (148)
 General Quotes (823)
Money Needs
 Income Quotes (238)
 Tax Quotes (532)
 Save Quotes (186)
 Invest Quotes (4015)
 Spend Quotes (320)
 General Quotes (1228)
Work Needs
 Customers Quotes (137)
 Service Quotes (1032)
 Leadership Quotes (3231)
 Team Quotes (495)
 Make Quotes (283)
 Sell Quotes (1442)
 General Quotes (1040)
Property Needs
 Clothing Quotes (146)
 Home Quotes (151)
 Garden/Nature Quotes (965)
 Conservation Quotes (282)
 General Quotes (347)
Food Needs
 Food Quotes (205)
 Drink Quotes (226)
 General Quotes (532)
Friends Needs
 Friends Quotes (779)
 Partners Quotes (615)
 Children Quotes (1675)
 Love Quotes (792)
 Conversation Quotes (4582)
 General Quotes (8716)
Fun Needs
 Gratitude Quotes (1702)
 Satisfaction Quotes (965)
 Anticipation Quotes (1257)
 Experiences Quotes (631)
 Music Quotes (280)
 Books Quotes (1300)
 TV/movies Quotes (177)
 Art Quotes (655)
 General Quotes (2659)

 Imagi-Natives Search 
 
Quote/Topic  Author
Contains all words in any orderContains the exact phraseContains at least one word
[ 50 Item(s) displayed from page 13 ]


Previous<<  1  2  3  4  5  6  7  8  9  10  11  12  13 14  15  16  17  18  19  20  21  22  23  24  25  Next Page>>

  Quotations - General  
[Quote No.31498] Need Area: Money > General
"[Philanthropy] One ungrateful person, does an injury to all needy people." - Publilius Syrus

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31501] Need Area: Money > General
"The problem [at least one of them] with corporate welfare, as in socialism generally, is that eventually you run out of other people's money." - Matt Welch
Reason magazine Editor-in-Chief
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31512] Need Area: Money > General
"I did find that the stock market and finance was a totally democratic business. On Wall Street they don't give a damn who you are or what color or religion you are - they only care about whether you know anything [it's a strict meritocracy], which I believe is one of the best things about the money business." - Richard Russell
He wrote for 50 years for the share investing - technical charting - newsletter, 'Dow Theory Letters'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31542] Need Area: Money > General
"All prosperity begins in the mind and is dependent only upon the full use of our creative imagination." - Ruth Ross

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31553] Need Area: Money > General
"Success is important only to the extent that it puts one in a position to do more things one likes to do." - Sarah Caldwell

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31702] Need Area: Money > General
"Some will always be above [or have more than] others. Destroy the inequality today, and it will appear again tomorrow [though the people may change]." - Ralph Waldo Emerson

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31713] Need Area: Money > General
"Under a fiat money standard, governments (or their central banks) may obligate themselves to bail out, with increased issues of standard money, any bank or any major bank in distress. In the late nineteenth century, the principle became accepted that the central bank must act as the 'lender of last resort,' which will lend money freely to banks threatened with failure. Another recent American device to abolish the confidence limitation on bank credit is 'deposit insurance,' whereby the government guarantees to furnish paper money to redeem the banks’ demand liabilities. These and similar devices remove the market brakes on rampant credit expansion [as a 'moral hazard' is created where people believe they will be able to keep their profits but the government will protect them from their losses, reducing their need to assess risk as carefully. This, to some degree, is helpful to an economy but when credit is too cheap and too freely available malinvestments occur. Speculation becomes more important than production and prices become unsustainable and there is an inevitable crash, when this is realised and there is a reduction in credit]." - Murray N. Rothbard
'Man, Economy, and State' [1962]
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31720] Need Area: Money > General
"Capitalism is about allowing the free market, in particular consumers and their purchase choices rather than any other group, to allocate capital and labor, to price assets, and to choose winners and losers. While not perfect, it is the most democratic and efficient method of managing scarce resources ever devised." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31721] Need Area: Money > General
"WHITE PAPER - THE SHAMEFUL TRUTHABOUT THE CPI: - INFLATION EVERYWHERE: The price increases that consumers face at the supermarket are far greater than what government inflation statistics suggest. College tuitions, medical insurance, hospital beds, gas prices, airline fares and more have all risen at or close to double digit rates, yet government reported CPI figures say that inflation remains under control. In June of this year [2007], the Bureau of Labor Statistics (BLS) reported that, for the past year, the rate of inflation as measured by the CPI was running at 2.7%. Meanwhile, some skeptical statisticians have reconstructed the CPI using the older formulas—a measure they view as more reliable—and have found inflation rates above 10% versus the BLS’s official 2.7% number... -CPI – FALSE GOD? The CPI was originally designed to help businesses and government plan for price increases under different monetary conditions. As prices of goods rose at a certain rate, so should wages, the reasoning went. The easiest way to calculate inflation was by tracking the price of a fixed basket of goods in locations across the United States, and compare monthly changes to the price of the basket. The government did not wait long to start tinkering with the formulas for calculating the CPI. They would soon have social security payments, wages, and contracts pegged to the CPI, creating a great incentive for the government to meddle with the numbers. And meddle they did. - COST OF 'GOODS' VS. COST OF 'LIVING' The original method for calculating the CPI was to track how a fixed basket of goods changed over a period of time. The word fixed is critical because it ensured that the reported statistics measure a constant standard of living. The original CPI, a fixed index, is called a Cost of Goods Index. However, as the BLS has changed its methods of calculating the CPI, it has gone from a 'Cost of Goods Index' to a 'Cost of Living Index.' A Cost of Living Index measures the price increases in household expenditures, which is just as much a measure of consumer buying habits as it is a measure of inflation. To illustrate what happens under these two types of indexes, let us say that a basket of goods starts out as two items, steak and gruyere cheese. In a 'Cost of Goods Index' as inflation causes prices to increase, the basket becomes more expensive. After five years, we might see a 40% increase in the cost of the basket. All the goods in the index would remain the same. In a 'Cost of Living Index' index, however, as the prices for these goods rise, they would be substituted for cheaper, lesser quality goods. After years of rising prices, the basket might look like hamburger and kraft singles. If this change happened in 5 years, assuming that the prices of hamburger and kraft singles rose to the point where they now cost 15% more than what steak and gruyere cheese used to cost, the government would report that the CPI increased 15%. However, the gruyere and steak are now 40% more expensive. Was inflation 15% or 40% during the 5 year period? Do you want a steak or hamburger? This is exactly what is happening with the CPI today. Substitutions and readjustments in weights and standards have turned the index into a 'Cost of Living Index' even though the government would like us to believe that it is still a 'Cost of Goods Index'. - TINKERING WITH THE INDEX In the 1990s, the BLS made some of the most egregious changes to the CPI in order to understate the actual rate of inflation. One of the most significant changes occurred in 1999, when the CPI moved away from a fixed-quantity price index to include a heavy geometric weighting. A geometric weighting is where goods rising in price are given less weight than goods decreasing in price. For example, take the basket of steak and gruyere cheese. Say that the price of steak goes up by 50% and the price of cheese remains level. Under the old system of weighting, these two prices would be averaged and the inflation rate would come out to 25%. In a geometric weighting, steak would be given a lesser weight because it increased in price. The geometric weighted inflation may only come out to be 12.5%. The result is a consistently lower published CPI number. The reasoning behind such a change is that consumers will stock up on goods that are decreasing in price and will buy less of goods that are increasing in price. While buyers may change their behavior, it does not change the underlying fact that prices are rising. - THE GOVERNMENT’S INCENTIVE By understating the true rate of inflation, the [U.S.] government saves an enormous amount of money because so many programs’ benefits escalate with the CPI. These expenditures include social security benefits for approximately 48 million people, benefits for about 4.1 million military and Federal Civil Service retirees and survivors, and payments for about 22 million food stamp recipients. In 2007, the U.S. government plans to spend $586.1 billion on Social Security benefits alone, meaning that every 1% increase in the CPI costs the government approximately $5.9 billion! By more tinkering with the CPI calculation, the government can cut benefits without creating a political liability or public outcry. The average person does not understand the enormous implications of such a change. [Other incentives for these ways to understate inflation include: they allow the government to pay for its debt and CPI related commitments with dollars even cheaper than bond holders and recipients understand; they allow interest rates to be lower than they should be for savers to be protected against inflation thereby discouraging saving and encouraging excessive debt and unrealistic asset prices; they allow the real GDP to appear stronger and businesses and the stock market to appear better than they are; they allow the government to collect more in tax revenue through understating bracket creep - another reason why a flat tax rate is not used.] - SELLING THE NEW INDEX CALCULATIONS How has the government managed to change the CPI with so little attention? Each major change in the CPI has been a methodical and calculated effort. Prior to the change to a geometric weighting methodology in 1999, Michael Boskin, chairman of the Council of Economic Advisors, led a congressional panel that concluded that inflation for 1996 rose 1.8% rather than the 2.9% reflected in the CPI. The 1.8% number utilized the geometric weighting that the BLS would later adopt in 1999, while the 2.9% number was using the original basket of goods that was established in 1982-84. Rather than updating the basket of goods, as the BLS had done honestly from WWII through the mid 1980s, Boskin used the opportunity to discredit the current system of calculation and suggest the ridiculous and misrepresentative geometric weighting in the CPI. How does one go about selling such preposterous plan to the public? Take it to the press, of course. On December 16, 1996, Time magazine published Boskin’s findings in an article titled 'The Inflation Myth.' As the title suggests, the article served as a propaganda piece for his viewpoint. An example of misleading journalism, it failed to even mention the problems with the panel’s findings and suggestions. Less than three years later, his proposal would become reality. The introduction of the C-CPI-U was also a deliberate effort. Oddly enough, when this new index was introduced in 2002, we were in the midst of a stock market correction and deflation was a concern among many on Wall Street. During this time, Robert Prechter, a well known Wall Street forecaster, released his book, 'Conquer the Crash', which predicted a deflationary depression. The book made the New York Times bestseller list and later went into a second printing. - THE FED’S INVOLVEMENT – WOULD SOME CALL IT CONSPIRACY? That same year, Federal Reserve chairman, Ben S. Bernanke, delivered a speech before the National Economists Club in Washington D.C. titled 'Deflation: Making Sure ‘It’ Doesn’t Happen Here.' His speech addressed the public’s fear of deflation. With Wall Street focused on the seemingly imminent deflation, the BLS devised and released a new method of calculating the CPI, the chained CPI-U, that would understate the rate more that the currently published numbers. [The speech can be read in its entirety on the BLS website.] Why did the BLS want to understate inflation when so many on Wall Street were worried about deflation? The BLS knew that, contrary to public opinion, inflation, not deflation, would continue. The Federal Reserve will continue to print money and increase the money supply. Thus, deflation was a needless concern and the chained CPI-U release would go almost unnoticed. And in fact, the 2002 change was given little publicity and even less debate. - CORE RATE VS. 'HEADLINE' (CPI-U) RATE Adoption of the C-CPI-U in 2002 was not the first instance where the media was unable to discern and report on the manipulation of such an important statistic. Previously, the government had promulgated a new statistic it termed the 'core rate' of inflation. The core rate is the CPI-U excluding food and energy. The reasoning behind publishing a number that excludes items critical to daily life is that food and energy prices are volatile. Volatility is a valid argument for publishing a statistic that shows the CPI without these items. However, what is dishonest is how the core rate is often advertised as the true rate of inflation while the comprehensive CPI-U figure (sometimes called the 'headline' rate) is often mentioned second in the media, if at all. This deception results in the public thinking that inflation is even lower that the already deceptive all-inclusive rate. - REAL RATE OF INFLATION Since the government numbers have become so far detached from reality, it is difficult to get an accurate gauge on what the actual inflation numbers are. John Williams, a respected consulting economist and graduate from Dartmouth College, has reconstructed the CPI using previous standards, yielding results that differ greatly from the BLS’ inflation indices. One chart on his website at shadowstats.com suggests a current rate [in 2007] of inflation of over 10%! Others make the argument that inflation is best measured against gold or a basket of commodities. This school argues that gold is a good measure of inflation since it is the only true currency in the world — the most important property being that its production cannot be expanded quickly or greatly. Thus, if the US dollar money supply increases greatly, the large increase in dollars chasing a fixed amount of gold would push the price higher (note that gold over the past five years has achieved an annual return in excess of 20%). [If you had a Gold price chart 1998-2007 you would] Notice the dramatic rise in the price of gold from a low of $255.80 to its current price of over $750. If the price of gold was used as a measure of inflation, such a rise would suggest an inflation rate of over 20% per year for each of the past five years. While in theory this is a great measure of inflation, the price of gold, like any asset class, is subject to manipulation and mania where the price may go up or down, regardless of the fundamentals. In response that one commodity market can be manipulated, some suggest that inflation should be measured against a basket of precious metals. With a basket of commodities, there would be less chance of wide fluctuations in prices. Additionally, proponents argue that the price of a basket of precious metals would give an instant inflation reading, where the CPI is a lagging indicator of inflation. The government’s incentives to meddle with official CPI numbers are abundantly clear. As we have seen, the government has cleverly adjusted their calculations to dramatically understate the numbers. The most important thing that people must understand is that inflation is running far higher than the government is willing to admit. Those unfortunate investors who measure their investment returns against the government’s published CPI statistics will be greatly disappointed when those investments are liquidated and they realize that their purchasing power is severely eroded." - Cliff Gehrett
Published by Euro Pacific Capital, Inc.10 Corbin DriveDarien, Connecticut 068201-800-727-7922, www.europac.net
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31745] Need Area: Money > General
"It is wrong to assume that men of immense wealth are always happy." - John D. Rockefeller
At the time quoted the richest man in the world.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31768] Need Area: Money > General
"If you see yourself as prosperous, you will be [more often than not]. If you see yourself as continually hard up, that is exactly what you will be. [more often than not. The reason for this is that your expectations for yourself are interpreted by your mind as goals it will then seek to fulfil. It will notice opportunities to pursue and behaviour to avoid in order to reach these expectations.]" - Robert Collier

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31770] Need Area: Money > General
"Free Market Capitalism vs. Socialism: A Simple Analogy: An economics professor at Texas Tech said he had never failed a single student before but had, once, failed an entire class. That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor then said ok, we will have an experiment in this class on socialism. All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A. After the first test the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. But, as the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too; so they studied little. The second test average was a D! No one was happy. When the 3rd test rolled around the average was an F. The scores never increased as bickering, blame, and name calling all resulted in hard feelings as no one would study any longer for the benefit of anyone else. All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because under capitalism when the reward is great, the effort to succeed is great; but when the government levels the playing field and takes more of reward away; no one will try or want to succeed as much as before. [The truth about socialism] Could not be any simpler than that..." - Steve Latter
RGE Monitor, May 13, 2009.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31798] Need Area: Money > General
"This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights [income and savings]. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard. [It stops fiscally irresponsible governments and politicians from 'buying' votes by spending more money than they have and then reducing the value of every dollar in circulation in order to make it easier for them to pay back the debt and increase taxation through progressive taxation bracket creep.]" - Alan Greenspan
Former Chairman of the U.S. Federal Reserve. From his book, 'Gold and Economic Freedom', published 1966.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31874] Need Area: Money > General
"I had a considerable passion to get rich. Not because I wanted Ferraris - I wanted the independence [freedom]." - Charlie Munger
Lawyer, billionaire share investor and business partner of one of the richest men in the world, Warren Buffett.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31899] Need Area: Money > General
"To give [philanthropy] without any reward, or any notice, has a special quality of its own." - Anne Morrow Lindbergh

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31905] Need Area: Money > General
"Prosperity is the measure or touchstone of virtue [because the desires are not constrained by finances]." - Publius Cornelius Tacitus

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31916] Need Area: Money > General
"Inflation reduces the real value of debt...but in a perverse and unpredictable way. Debtors don't pay their bills; savers pay them. Inflation - like bailouts - rewards the least responsible players...those who have gotten themselves heavily in debt...and punishes those who have done the 'right' thing. As Germany saw in the '20s, it de-stabilizes the whole society...leading to extremely unwelcome outcomes." - Bill Bonner
Financial author.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31918] Need Area: Money > General
"The wise do not call strong the fetter that is made of iron, wood, or rope; much stronger is the fetter of passion for gold and jewels... [but beware for] Wealth destroys the fool." - Buddha
Dhammapada [345, 355] - A collection of 423 verses containing the Buddha's essential teachings on some 305 occasions for the benefit of a wide range of human beings.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31925] Need Area: Money > General
"[In response to the argument that capitalism is about greed, the famous economist Milton Friedman said this:] Well first of all tell me, is there some society you know that doesn't run on greed? You think Russia doesn't run on greed? You think China doesn't run on greed? What is greed? Of course none of us are greedy [We are only looking after our own interests]. It's only the other fella that's greedy. The world runs on individuals pursuing their separate interests. The greatest achievements of civilization have not come from government bureaus. Einstein didn't construct his theory under order from a bureaucrat. Henry Ford didn't revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty that you are talking about, the only cases in recorded history are where they have had capitalism and largely free trade. If you want to know where the masses are worst off, it's exactly in the kind of societies that depart from that. So that the record of history is absolutely crystal clear, there is no alternative way, so far discovered, of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system. [In response to the further argument that capitalism doesn't reward virtue:] And what does reward virtue? You think the Communist commissar rewards virtue? You think a Hitler rewards virtue? Do you think... American presidents reward virtue? Do they choose their appointees on the basis of the virtue of the people appointed or on the basis of political clout? Is it really true that political self-interest is nobler somehow than economic self-interest? [Don't both politicians and capitalists have to serve the needs of people? The more people they serve the better either of them do. But only business people do it with their own money. This makes them much more effective or else market competition or the law, in cases of fraud, very quickly removes them from positions of responsibility. The meritocracy that competitive, free market capitalism creates, ensures that the most able and dedicated servants to the consumer get and keep their positions of power and only for as long as the daily voting by the consuming public allows, rather than the four yearly voting for politicians. The truly successful capitalists realise they only succeed when they help others. Therefore the more they help others the more they help themselves. Therefore this so called 'capitalist greed', if it doesn't break the rules of morality or law, is a power for good in the world as it is one of the few ways free societies have found to get people to help others they don't know, consistently and with enthusiasm.]" - Milton Friedman
Famous economist
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.31962] Need Area: Money > General
"Government intervention into the economy [whether statist, socialist, communist, fascist, dictatorial or false-capitalist] is an employment of [fraud or subtle] force to induce men [and women] to do what would otherwise be contrary to their interests and inclinations. [For example, going into debt, because of artificially low interest rates. This kind of monetary policy setting is created when the government needs the amount of comsumer consumption, business investment, jobs and particularly the velocity of money through the economy, where each time it is spent the government receives their share in personal and business taxes, to rise faster than sustainable, to increase their tax revenue in order to fund ever bigger government social policy commitments made to help people, but equally to stay in power and win further elections. Unfortunately this can only last for so long. Eventually this causes economic and social catastrophes, like real estate and stock market crashes, recessions, even depressions. The government then spins the line that someone else is responsible and to stop this from occurring again they will need even more power to stimulate and regulate, thereby stealthily removing still more freedom and true economic stability from their citizens. The answer to stopping these problems is simply to not distort the markets in the first place with interventions by the government that have unanticipated consequences.]" - Clarence B. Carson
Published in 'The Freeman', May 1971.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32002] Need Area: Money > General
"I am indeed rich, since my income is superior to my expense, and my expense is equal to my wishes." - Edward Gibbon
Famous historian and author.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32035] Need Area: Money > General
"[If you ever want to have more money than you need you had better learn about how to manage it. Because if you don't it will soon disappear. The history of lottery winners proves this. Nearly all lottery winners are broke within a year or two. Many are broker than they were before they won the lottery. Because their good luck causes them to miscalculate. There was a story about one lottery winner in the press in London recently. He had won millions of pounds. Feeling lucky, he invested in a number of enterprises suggested by friends, relatives and total strangers - all failed. He married a much younger woman - who later left him (taking with her the house he bought for her). He invested on the advice of analysts and advisors - who turned out to be incompetent. And he lent money to people who, naturally, couldn't pay it back. He was in the news because he had been arrested for attacking one of his old friends while trying to collect a debt (he needed the money to pay his rent!) Evelyn Adams won the New Jersey lottery twice - in 1985 and 1986. Talk about luck! She won $5.4 million in total. But don't go looking for Evelyn in a Beverly Hills or Palm Beach mansion. She lives in a trailer. 'Everybody wanted my money. Everybody had their hand out,' she says. Or take the case of William 'Bud' Post. He won $16.2 million in the Pennsylvania lottery in 1988. Think he's fixed for life? 'I wish it never happened. It was totally a nightmare,' says Post. Within a year he was $1 million in debt and had to declare bankruptcy. Now, he is said to live on food stamps." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32045] Need Area: Money > General
"When [governments try to control free markets and] buying and selling are controlled by legislation, the first things to be bought and sold are legislators." - P. J. O'Rourke

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32051] Need Area: Money > General
"Greed is a bottomless pit which exhausts the person in an endless effort to satisfy the need without ever reaching satisfaction." - Erich Fromm

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32082] Need Area: Money > General
"If you're doing well... keep your mouth shut. Most people will not celebrate your good fortune." - Howie Jacobson

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32107] Need Area: Money > General
"Economists and psychologists have spent decades studying the relation between wealth and happiness, and they have generally concluded that wealth increases human happiness when it lifts people out of abject poverty and into the middle class but that it does little to increase happiness thereafter. Americans who earn $50,000 per year are much happier than those who earn $10,000 per year, but Americans who earn $5 million per year are not much happier than those who earn $100,000 per year. People who live in poor nations are much less happy than people who live in moderately wealthy nations, but people who live in moderately wealthy nations are not much less happy than people who live in extremely wealthy nations. Economists explain that wealth has 'declining marginal utility,' which is a fancy way of saying that it hurts to be hungry, cold, sick, tired, and scared, but once you've bought your way out of these burdens, the rest of your money is an increasingly useless pile of paper (that demands time and effort to manage)." - Daniel Gilbert
Harvard psychologist, quoted in his book, 'Stumbling On Happiness'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32146] Need Area: Money > General
"I am no longer cursed by poverty because I took possession of my own mind, and that mind has yielded me every material thing I want, and much more than I need." - Andrew Carnegie
Famous Scottish-American steel magnate, who arrived in America with nothing and ended up being the richest man in the world at the time.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32243] Need Area: Money > General
"Success [especially financial success] is counted sweetest by those who never succeed." - Emily Dickinson

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32260] Need Area: Money > General
"Loading up the nation with debt and leaving it for the following generations to pay is morally irresponsible... To preserve independence, we must not let our rulers load us with perpetual debt." - Thomas Jefferson

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32267] Need Area: Money > General
"Luxury! more perilous to youth than storms or quicksand, poverty or chains!" - Hannah More

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32289] Need Area: Money > General
"Between a good and a bad economist this constitutes the whole difference - the [bad] one takes account of the visible effect; the [good] other takes account both of the effects which are seen, and also of those which it is necessary to foresee. Now this difference is enormous, for it almost always happens that when the immediate consequence is favorable, the ultimate consequences are fatal, and the converse. [This should always be considered - especially when politicians roll out economists in favour of their economic policies. Why? Because these policies are so often aimed at short-term fixes without considering the unexpected or caring about long-term consequences. Therefore things are often made worse in the long run than the problem the politician was trying to be seen to fix.]" - Frederic Bastiat

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32307] Need Area: Money > General
"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth [purchasing power] of their citizens.... The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose [and therefore cannot blame and hold responsible the elected government that caused it. Governments often decide to do this in order to make it easier for them to pay back their debts, incurred by spending more than their tax receipts, while making their citizens' believe they are better off as their wages and assets appear to be increasing in price.]" - John Maynard Keynes
Famous economist.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32345] Need Area: Money > General
"It is, generally, in the season of prosperity [and the freedom that that brings] that men [and women] discover their real temper [personality], principles [morality], and designs [desires]." - Edmund Burke

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32494] Need Area: Money > General
"Like Winston Churchill's appraisal of democracy, capitalism is surely the worst economic system, except for all the others that have been tried." - Seymour@imagi-natives.com

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32636] Need Area: Money > General
"In regard to economic policy, socialism and communism are identical." - Ludwig von Mises
Famous Austrian economist.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32641] Need Area: Money > General
"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." - Ronald Reagan
U.S. President
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32656] Need Area: Money > General
"The inherent vice of capitalism is the unequal sharing of the blessings. The inherent blessing of socialism is the equal sharing of misery." - Winston Churchill
British Prime Minister during World War II.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32664] Need Area: Money > General
"Whoever prefers life to death, happiness to suffering, well-being to misery must defend without compromise private ownership in the means of production." - Ludwig von Mises
Famous Austrian economist. Quoted in 1920.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32673] Need Area: Money > General
"[Individuals must be aware that governments, politicians and citizens are naturally inclined to make the same economic and fiscal mistakes throughout history as the following quote from 55 BC shows:] The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced. If the nation doesn’t want to go bankrupt, people must again learn to work, instead of living on public assistance." - Marcus Tullius Cicero
(106 BC - 43 BC), Roman orator and Consul.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32679] Need Area: Money > General
"[In every economic system, every individual necessarily labors to render the greatest annual revenue for himself and those he loves. In a capitalistic free market economic system] Every individual necessarily labors to render the annual revenue of society as great as he can. He generally neither intends to promote the public interest, nor knows how much he is promoting it. He intends only his own gain, and he is, in this, as in many other cases, led by an invisible hand to promote an end which was not part of his intention. [This is because in a capitalistic free market economy his success is determined on the whole by the quality and quantity of the legal and ethical service he provides and thereby his contribution to the common good. Therefore in a capitalist free market economy each individual's natural personal desire for gain is cleverly harnessed to help the whole society, rather than just themselves as in other economic systems.]" - Adam Smith
Famous philosopher and economic theorist. From his book, 'The Wealth of Nations'.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32681] Need Area: Money > General
"[When considering policies that deny free trade and the economic needs and benefits to those involved it is well to remember...] When goods don’t cross borders, soldiers will." - Fredric Bastiat
Early French economist
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32692] Need Area: Money > General
"The government is good at [least] one thing. It knows how to break your legs, and then hand you a crutch and say, 'See if it weren’t for the government, you wouldn’t be able to walk'. [Those people who don't study economics and politics and have short memories don't usually understand or recall how government 'broke' their legs and gratefully promote the virtues of bigger government, more government spending and higher taxes on the rich.]" - Harry Browne

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32700] Need Area: Money > General
"What is a Communist? One who has yearnings – for equal division of unequal earnings." - Ebenezer Elliot
(1781 - 1849), poet.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32708] Need Area: Money > General
"Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion – the technique of the army and of the modern totalitarian state. The other is voluntary cooperation of individuals – the technique of the marketplace." - Milton Friedman
Famous economist.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32713] Need Area: Money > General
"It’s no accident that capitalism has brought with it progress, not merely in production but also in knowledge. Egoism and competition are, alas, stronger forces than public spirit and sense of duty." - Albert Einstein
Famous 20th century physicist.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32717] Need Area: Money > General
"Depressions and mass unemployment are not caused by the free market but by government interference in the economy [previously. For example keeping interest rates too low or other policies that encourage reckless private and business spending that drive up prices, employment and taxes beyond what the economy would sustain without continued government stimulation. Then after the inevitable crash, which the government (and politicians) primarily caused, the government will try to blame other parties and then demand and, in people's desperation, be given more power so it can intervene with debt-funded economic stimulation, which must eventually be paid for through higher taxes, as prescribed by the economist Keynes, while demanding the population thank it for intervening, when in fact citizens and the unemployed should be scolding it for its previous reckless behaviour that caused the crash.]" - Ludwig von Mises
Famous Austrian economist.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32741] Need Area: Money > General
"[In a free market capitalist economy] Wealth comes from successful individual efforts to please one’s fellow man... that’s what competition is all about: 'outpleasing' your competitors to win over the consumers." - Walter Williams
Professor of Economics at George Mason University.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32780] Need Area: Money > General
"The substance of the eminent Socialist gentleman's speech is that making a profit is a sin, but it is my belief that the real sin is making a loss." - Winston Churchill
British Prime Minister.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32831] Need Area: Money > General
"When politicians talk economics, they think votes: The warning of the week is: never let a politician try to teach you economics. The goal of politicians is to retain or attain office by attracting sufficient votes. Everything they say about economics is directed towards that end. And if to obtain your vote they need to use false or misleading economic arguments, they usually will." - Ross Gittins
Respected Australian economist and economics writer for the Australian newspaper, 'The Sydney Morning Herald', published October 10, 2009.
Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

[Quote No.32888] Need Area: Money > General
"Capitalism without bankruptcy is like Christianity without hell [ - too little incentive to do the right, prudent thing]." - Frank Borman

Author's Info on Wikipedia  - Author on ebay  - Author on Amazon  - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image

Previous<<  1  2  3  4  5  6  7  8  9  10  11  12  13 14  15  16  17  18  19  20  21  22  23  24  25  Next Page>>

 
Imagi-Natives'
Self-Defence
& Fitness Training

because
Everyone deserves
to be
Healthy and Safe!
Ideal for Anyone's Personal Protection Needs
Simple, Fast, Effective!
Maximum Safety - Minimum Force
No Punches, Kicks, Chokes, Pressure Points or Weapons Used
Based on Shaolin Chin-Na Seize and Control Methods
Comprehensively Covers Over 130 Types of Attack
Lavishly Illustrated With Over 1300 illustrations
Accredited Training for Australian Security Qualifications
National Quality Council Approved