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  • There are three qualifications required in those who have to fill the highest offices, - (1) first of all, loyalty to the established constitution; (2) the greatest administrative capacity; (3) virtue and justice of the kind proper to each form of government.
  • 5 years ago



    Tags : Aristotle Quotes , Loyalty Quotes , Government Quotes
  • [The U.S. Treasury] can borrow basically unlimited amounts. They can stay there for years and years. These assets will be worth more money over time. So when Merrill Lynch sells a bunch of mortgage-related assets at 22 cents on the dollar like they did a month or so ago, the buyer goes - is going to make money, and he's going to make a lot more money if it happens to be an institution like the U.S. government which has very, very cheap borrowing costs.
  • 5 years ago



    Tags : Warren Buffett Quotes , Government Quotes , Years Quotes