I am trying to make, before I get through, a picture of the whole world--or as much of it as I have seen. Boiling it down always, rather than spreading it out too thin. (On Writing.)
If the believers of the present-day religions would earnestly try to think and act in the spirit of the founders of these religions then no hostility on the basis of religion would exist among the followers of the different faiths. Even the conflicts and the realm of religion would be exposed as insignificant.
If you listen to the rhetoric, it is so over-the-top and so overheated, and most importantly, is not acknowledging the fact that there's nothing else [like guns] in our lives that we purchase where we don't try to make it a little safer if we can.
That's been lost. It's a huge problem. What you have is you have the major institutions of the world all wanting to deleverage. They want to take down their assets and liabilities. What seemed so easy to borrow against a year ago now looks like rat poison to them. So they're trying to deleverage. There is only one institution in the world that can leverage up in a way that's all a countervailing force to that, and that's the United States Treasury.
If I were the treasury secretary or head of the Fed, you know, I would try to scare the hell the out of the private sector and say, you better save this because you're going down with the ship.